Americas

That peskiest of cabotage regimes, the almost 100-year-old ‘Jones Act’, US Federal legislation which reserves commerce along US coasts, and between the mainland, Hawaii, Puerto Rico and Alaska for US…
Capesize rates have continued to be depressed by lack of physical activities this week. However, the paper market for capesize index managed to turn positive for the first time on…
Private equity firm Blackstone announced that Blackstone Infrastructure Partners (BIP), has made a growth-oriented investment in Carrix, the largest marine terminal operator in the US and in the Americas.
DNV GL announced that the classification society’s classed vessels are now able to utilise remote surveys for some inspections through its Veracity data platform.
Oil major BP has announced that it will begin to sell very low sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5% that meets the upcoming IMO 2020…
BW Offshore has sealed an agreement to acquire 70% of Brazil’s Maromba offshore field for a price of $90m from Petrobras.
A two-year scientific wash-water study conducted based on Carnival Corporation’s cruise ships have shown that the use of scrubbers are a safe and effective means of compliance with the IMO…
Seattle-based SSA Marine, a division of Carrix a global multimodal transportation Group, and the Jacksonville Port Authority (Jaxport), in Florida, have signed a long-term agreement for the development and operation…
Offloading fire damaged cargo from the Hapag-Lloyd containership Yantian Express is expected to take another five weeks while a port is yet to be found to discharge undamaged boxes.
The International Association of Dry Cargo Shipowners (Intercargo) has urged dry cargo owners to prepare their vessels for “landmark changes” in shipping in 2019.
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