Hycamite Advances Onboard Methane-Splitting System Development
Hycamite TCD Technologies, MOLEA, a subsidiary of Mitsui O.S.K. Lines, and MOL PLUS have signed a Memorandum of Understanding (MoU) promoting the application of methane-splitting for onboard power generation.With Hycamite’s technology, LNG-fueled ships can convert methane into hydrogen as they sail, and the solid carbon produced can be offloaded at the port of destination. If bioLNG is used, the solution can create a negative carbon footprint.Earlier this year…
Schmidt Sciences Fosters AI Research
Schmidt Sciences has named 25 scholars working at the forefront of AI as AI2050 fellows and will award them up to $12 million to advance research that realizes the potential of AI to benefit humanity.The AI2050 program asks researchers to imagine the year 2050 where AI has been hugely beneficial and to pursue projects that help society realize this.The program will fund senior researchers and early career scholars for two years.Previous senior fellows in the first two cohorts include Prof.
Great Lakes NOV Iron Ore Trade Dips
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a decrease of 2.3 percent compared to the same point in 2023. Through November iron ore loadings are 4.2 percent above their 5-year average for that timeframe.Since 1880…
Adani Ports withdraws DFC Port Funding Request
India's Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan…
JA Moody Announces Partnership with New Heritage Capital
JA Moody, a maritime supplier of fluid control valves, actuators, strainers, parts and services to the United States Navy and Commercial Marine industry, today announced a strategic partnership and investment from New Heritage Capital ("Heritage"), a Boston-based private equity firm specializing in founder-owned businesses.The investment was structured using Heritage's Private IPO solution, which preserves…
HII names Childs VP, Quality & Engineering at Ingalls Shipbuilding
HII announced that Jennifer Childs has been named vice president of quality and engineering of the company’s Ingalls Shipbuilding division, effective Jan. 6, 2025.She succeeds Brian Blanchette, incoming vice president of HII and president of Ingalls Shipbuilding. Childs, a former Navy surface warfare officer (nuclear), has been with Ingalls for 17 years and previously served as director of technical & design engineering.
EIA: US Crude Imports to fall to lowest level since 1971
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13.52 million bpd in 2025, up from 13.24 million bpd in 2024, it said in its December Short-Term Energy Outlook (STEO).
Lock Accident Closes Germany's Mosel River
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways shipping after an accident that damaged a lock, navigation authorities said.A lock at Mueden south of Koblenz has been damaged after a vessel collision and repairs are likely to last until spring 2025, possibly around late March, the WSA agency said. The river will be closed…
DP World Launches Container Port Inset Program
DP World is trialing an innovative carbon reduction program at its UK logistics hubs, London Gateway and Southampton, aimed at helping cargo importers cut their emissions.Starting on 1 January 2025 for an initial six-month trial, the Carbon Inset Program will reward importers with 50kg CO₂e of carbon credits for every loaded import container they move through DP World’s UK terminals. These independently certified credits…
Austal Philippines Delivers 32 Meter CAT Ferry to Rottnest
Austal Philippines has delivered a 32-meter catamaran to Rottnest Fast Ferries, less than twelve months after commencing construction in Balamban, Cebu.The vessel, named ‘Ocean Master’, designed by Incat Crowther, was officially accepted by representatives from Rottnest Fast Ferries following the successful completion of sea trials in November 2024.President of Austal Asia, Wayne Murray said the delivery…
HII, Job Corps Partner to Build Shipbuilding Careers
HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120 students from across 20 states who interviewed for positions in key trades, including welding, electrical, and machining. By the event’s conclusion, 68 students received job offers to begin their careers at HII.The recruiting event began on Fri., Dec.
NRF: Imports to Soar on Tariff Threat, Potential Port Strike
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Either a strike or new tariffs…
JAXPORT Enhances Global Reach with New Partnerships
With the upcoming dissolution of the 2M Alliance in early 2025, JAXPORT is maintaining and growing its global container services through strategic partnerships with the world's top ocean carriers. New and modified service routes through JAXPORT will provide expanded global connectivity and access to new and emerging markets.Three primary changes are taking place beginning in February 2025.The Gemini Cooperation – an alliance between Maersk and Hapag-Lloyd – has added JAXPORT to a new…
Crowley Honored by Women in Trucking Association
Crowley has been recognized as a Top Company for Women to Work For in Transportation by Women in Trucking Association’s official magazine, Redefining the Road, for the fourth consecutive year.This recognition underscores Crowley’s sustained commitment to fostering an inclusive workplace that empowers team members by offering competitive compensation and benefits and emphasizing professional development and career advancement opportunities.
Danfoss' Leichtfried Elected to NEMA Board
Danfoss Drives’ Hannes Leichtfried has been elected to serve on the National Electrical Manufacturers Association’s (NEMA) Board of Governors.NEMA announced the election of three new board members and three new officers on November 13, following its 2024 Annual Meeting. Leichtfried, an industry veteran and current vice president of sales and marketing for Danfoss Drives in North America, brings nearly 30 years of experience in electrification to the position.
EPS Extends eSAIL Installation on Newbuild Tanker
Eastern Pacific Shipping (EPS) has strengthened its collaboration with bound4blue by contracting three 22-meter high eSAIL suction sails. The fully autonomous Wind Assisted Propulsion System (WAPS) will be installed on a newbuild MR Tanker from New Times Shipbuilding in Jiangsu Province, China in late 2025. This agreement follows EPS’s first project with bound4blue earlier this year, which involved retrofitting three eSAILs on Pacific Sentinel, a 50,000dwt vessel, in February.
Shipbuilder's Appeal in Mozambique Lawsuit Denied
Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique's victory in a London lawsuit over the decade-old "tuna bond"…
Fascinated by Shipwrecks? Hear what James Delgado has to say
“The biggest museum we have sits at the bottom of the sea.” James P. DelgadoShipwreck discoveries often hit the news and can be captivating tales of exploration, trade, and war in times gone by.Behind these discoveries are the stories of the ships, their crews, and what life was like for them. But we may forget there are also intriguing tales of those who devote their lives to the work of finding, documenting…
Tugdock, Sarens to Develop Heavy Lift O&M Hub at ABP’s Welsh Port
Tugdock and Sarens have secured funding from Crown Estate’s Supply Chain Accelerator for a joint project to develop a heavy lift operations and maintenance (O&M) hub at ABP’s port of Port Talbot in Wales to support floating wind projects in the region.With key support from major industry players such as ABP and RWE, and other partnerships, the vision for the facility is to provide support for heavy…
California Box Terminal Orders Liebherr STS Cranes
TraPac Oakland, a container terminal operator in California, has selected Liebherr for the supply of two ship-to-shore (STS) cranes, marking the company’s first shipment to United States’ West Coast.The cranes boast a 66-meter (216-foot) outreach, a 53-meter (173.83-foot) lift height, and a span of 30.48 meters (100 feet).With a lifting capacity of 66 long tonnes in twin-lift mode, they have been designed for high-capacity handling…
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