Sea

US Threatens IMO Countries Voting for Net Zero

The U.S. State Department said it plans to penalize countries that approve and participate in the International Maritime Organization (IMO)’s plan to decarbonize shipping through a carbon fee. The IMO assembled on Oct. 14 to discuss and potentially vote on its Net Zero Framework, or NZF, which would require ships to use cleaner fuels or technologies. Ships that pass an emission threshold would be assessed a carbon fee, while compliant ships ... [+]

Trump, EU Trade Agree on 15% Rate on Autos

President Donald Trump formally implemented its U.S. trade agreement with the European Union on Sept. 24, confirming that a 15 percent duty rate for EU autos and auto parts began on Aug. 1 and listing tariff exemptions for generic pharmaceuticals, aircraft and aircraft parts. The Commerce ... [+]

CMA-CGM Order Shows India Commitment

Container shipping giant CMA CGM Group said it has ordered six advanced liquefied natural gas-powered containerships to be built at Cochin Shipyard Ltd. (CSL) India, the country’s leading shipyard, making the group the first major foreign carrier to commission LNG vessels from an Indian shipyard. All ... [+]

China Counters with Port Fees on US Ships

China's transport ministry said U.S.-owned, operated, flagged and built vessels are to be assessed additional port fees per voyage starting on Oct. 14, Reuters reported. The port fees are a countermeasure against upcoming U.S. port fees on Chinese ships, the ministry said. The move follows U.S. President ... [+]

Trailer Bridge Sells Logistics Unit to ATS

Trailer Bridge Inc. said Oct. 8 it has agreed to sell its logistics division – responsible for the company's domestic brokerage and intermodal moves – to ATS Logistics Services Inc. (ATSL), effective Nov. 1. Trailer Bridge leadership said it is “a strategic decision by to realign ... [+]

Port NOLA, La. DOT Partner on LIT

The Port of New Orleans, or Port NOLA, and the Louisiana Department of Transportation and Development signed a cooperative endeavor agreement to advance the planning and development of the St. Bernard Transportation Corridor, a vital roadway project that will directly connect the future Louisiana International ... [+]

Port Freeport Adds Cranes to Velasco

Port Freeport took delivery of two super-post-Panamax, ship-to-shore gantry cranes on Sept. 22 at the port's Velasco Container Terminal. Transported fully erected about the heavy-lift vessel Zhen Hua 29, the cranes were carefully offloaded and secured to the docks. Following installation and testing this fall, the ... [+]

Port of Long Beach Awarded $20M for Pier Wind

The Port of Long Beach on Wednesday was awarded US$20 million by the California Energy Commission to fund the ongoing development of Pier Wind, a proposed 400-acre terminal to assemble and deploy floating offshore wind turbines. As the largest recipient of the agency's Offshore Wind Energy ... [+]

BIMCO Adopts Methanol Bunkering Annex

BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.  The annex, adopted by BIMCO’s documentary committee, provides ... [+]

DMC Delivers Components for MPVs

Damen Marine Components (DMC) has contracted to supply rudders, steering gear and nozzles to two major newbuilding projects covering 14 multipurpose vessels at Udupi Cochin Shipyard and Mazagon Dock Shipbuilders in India. In its first-ever collaboration with Udupi Cochin Shipyard, project involves eight 6,300 DWT MPVs ... [+]

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