U.S. Coast Guard Rescues 15 Mariners aboard Disabled Yacht off Hawaii
U.S. Coast Guard rescued 15 mariners aboard the disabled 72-foot sailing vessel Lucky, 26-miles east of Makapu’u Point, Oahu, Hawaii, Saturday.The Lucky was adrift due to a disabled rudder and crews aboard the Coast Guard Cutter Oliver Berry (WPC 1124) and a Station Honolulu 45-foot Response Boat-Medium towed the vessel to Honolulu Harbor.“With any towing evolution there is risk involved," said Ensign Michael Meisenger…
Liebherr Cranes for Australia's Port of Newcastle
Australia's Port of Newcastle is expanding its project cargo, general cargo and container handling capability with a $28.4-million investment in two Liebherr LHM 550 mobile harbor cranes and associated infrastructure at the Port’s Mayfield 4 berth.Port of Newcastle’s Executive Manager Trade & Business Development, Paul Brown, said the mobile harbor cranes will increase efficiency at the Port and provide…
Iron Ore Stumbles as Rising Supply Runs into China Steel Discipline
Iron ore prices have suffered their worst week for nearly 18 months amid signs that the two factors needed for a sustained correction may be coming into play - Chinese steel producer discipline and a recovery in supply of ore.The main Chinese domestic iron ore benchmark, the Dalian Commodity Exchange contract, dropped around 10% in the week to July 23, the worst weekly performance since February last year.The contract ended the week at 1,126 yuan ($173.77) a tonne, and has now slid about 17% fro
A Win for Florida: Appeals Court Lifts CDC Cruise Ship Restrictions
A federal appeals court late on Friday reversed course and let stand a lower court order prohibiting the U.S. Centers for Disease Control and Prevention (CDC) from enforcing coronavirus-related cruise ship rules in Florida.The decision is a win for Florida that had filed a lawsuit arguing the CDC curbs made it tough for the cruise industry to recover from the pandemic.The 11th Circuit Court of Appeals…
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