Senator Landrieu Defends Jones Act
The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said on Tuesday. The 1920 Jones Act restricts the delivery of goods between U.S. ports to ships made in the United States and flying the country's flags. Mary Landrieu, a Louisiana Democrat, said…
"Shock" incidents blight falling piracy rate
A UK maritime intelligence provider Dryad Maritime released its Q1 maritime crime figures which show an overall downturn in incidents across the Horn of Africa,…
Maersk Line increases business while reducing CO2 footprint
Maersk Line today published its Sustainability Progress Update for 2013, showing a 3.8 million tonnes CO2 reduction in a year where the business grew 4.1%. “2013…
Aegis Logistics commissioned ahead of schedule
Aegis Group, a Leader in Oil, Gas and Chemical Logistics, announced successful early commissioning of the 70,120 KL Bulk Liquid Terminal at Pipavav port on West coast of India.
Possible tug strike at Port Hedland
which possibly could lead to industrial action. to do the same. deal. five week voting period after ballots were posted out on Friday. (4 April). of construction…
NewLead to Acquire Two Panamax Dry Bulk Vessels
NewLead Holdings Ltd announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second…
Crowley Acquires Ship Management Company
Crowley Maritime Corporation announced today that it has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd.
Petrobras Secures Loan for RUpdate: efinery
Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil…
Alaska Proposes Passenger Vessel Discharge Legislation
The Alaska Department of Environmental Conservation (DEC) Commercial Passenger Vessel Environmental Compliance Program is proposing to issue a 2014 Large Commercial…
Barge Strikes Bridge; Mississippi River Closed in Iowa
The U.S. Coast Guard on Tuesday closed the Mississippi River at Sabula, Iowa, after a barge struck a railroad bridge, said Eric Washburn, bridge administrator for…
Barge Runs Aground Near Anna Maria
A 180-foot barge ran aground on Anna Maria Island after breaking free from a tug boat early Tuesday morning. Coast Guard watchstanders at Sector St. Petersburg received notification at 2 a.m., Tuesday, that the operator of tug Abe H was having difficulty steering due to weather and was unable to control the two barges he was pushing approximately one mile west off of Longboat Key. Watchstanders launched Coast Guard Cutter Hawk, an 87-foot Coastal Patrol Boat homeported in St.
Miami's Port to Issue Bond to Pay Debt, Fund Tunnel Project
The port of Miami's total debt is set to pass $1 billion after Miami-Dade County commissioners approved a $225 million bond offering on Tuesday to meet existing…
Asia-Pacific Crude Steady, Conoco Sells Bayu Undan
The Asia-Pacific crude market held steady on Tuesday as traders sought clarity on the supply of June-loading cargoes amid potentially higher Libyan exports. "We…
Brazil Election Jitters May Hit Investments in 2014
Brazil's presidential vote will likely delay some investment decisions this year but spending on infrastructure is expected to remain strong, a senior government official told Reuters.
Cargill Earnings Hit by Commodity Market Disruptions
Cargill Inc said on Tuesday its quarterly earnings fell 28 percent, making it one of the largest companies yet to demonstrate how big commodity market disruptions this year have hurt its bottom line.
i3G Debts Tools for the i-tank Tank-Monitoring
Numerex announced that i3G, a provider of bulk-liquid tank monitoring solutions, recently added "Optimizer" and "Tank Management" tools to its core "i-tank" offering.
New Response Partner at Port of Long Beach
T&T Salvage, LLC announced the signing of a consent agreement with the Long Beach Fire Department (LBFD). This agreement permits T&T to include the LBFD's extensive…
US Approved 52 Oil Re-export Licenses in Last 6 Months
The U.S. Department of Commerce approved 52 crude oil re-export licenses in the last six months to destinations other than Canada, the department said on Tuesday.
US Military Officials Speak About Forward Presence
Leading officials from the Navy, Marine Corps and Coast Guard spoke about operating forward and being partners with global presence at the 2014 Navy League Sea-Air…
Libya's NOC Keeps Force Majeure in Place at Eastern Oil Ports
Libya's National Oil Corp (NOC) has yet to lift force majeure at the eastern ports of Zueitina and Hariga following a deal with federalist rebels to reopen them after a nine-month blockade…
