Baltimore-based Vane Brothers announced that its entire tugboat fleet has earned a valid Certificate of Inspection (COI) as part of the U.S. Coast Guard’s Subchapter M program.Subchapter M refers to federally regulated safety standards for inspected to...
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ABS Grants AIP to SDARI for Approach to Stern Tube Design
ABS has granted Approval in Principle (AIP) to the Shanghai Merchant Ship Design and Research Institute (SDARI) for its vessel design with a novel aft layout, which eliminates pollution and promotes efficient vessel operations.The SDARI design, develop...
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Russia Says It Is Facing Difficulties Exporting Grain Due to Sanctions on Ships
Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow is facing difficulties exporting grain due to sanctions against its ships."There are also problems with the export of Russian grain...
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Kinder Morgan Says Tanker Rates Gain After Ukraine Crisis
Day rates for vessels that move oil and refined products between U.S. ports rose after the United States banned Russian oil and product imports this year, Kinder Morgan Inc Chief Executive Steven Kean said on Wednesday.Pipeline and terminal operator Ki...
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President Biden Instates Admiral Fagan in Historic USCG Change of Command
Adm. Karl L. Schultz was relieved as Commandant of the U.S. Coast Guard by Adm. Linda L. Fagan during a military change-of-command ceremony presided over by President Joseph R. Biden Jr., Wednesday, June 1, 2022, at Coast Guard Headquarters in Washingt...
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Brendan Smith Takes the Helm as President, Seaward Services
Hornblower Group announced that Brendan Smith, formerly VP of Engineering, NYC Ferry, has been named President of Seaward Services, Inc. Smith replaces John Keever, who has retired after 50 years in the industry, and will report to Scott Thornton…
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Marine Insurance: CyNav for Ports & Terminals
WTW has launched CyNav for Ports and Terminals, a cyber solution specifically designed to help address the escalating cyber risks faced by owners and operators in this strategically vital sector of the global maritime supply chain. The release…
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US Offshore Wind Segment Showing No Signs of Slowing Down
The U.S. offshore wind segment shows no signs of slowing on its journey to deploy 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Based on current project activity we anticipate around 60 GW of offshore wind capacity to be installed by 2...
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Ukraine Seeking Ways to Get its Grain Out
Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land.The war, together with Western sanctions against Russia…
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LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…
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