[ad_1] The U.S. Department of the Treasury’s Office of Foreign Assets Control announced sanction violations against four companies and identified four vessels as blocked property due to their operations with Venezuela’s oil industry. In announcing the actions, the official statement said, “The United States reiterates that...
[ad_1] The global drive to launch smart port technology is taking another step forward with the announcement of a new strategic cooperation between China Merchants Port Group, Alibaba Group, and Ant Financial Group. China Merchant Port Group (CMP), which operates 41 ports in China and 25...
[ad_1] Capital Product Partners L.P. (the “Partnership,” “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced the successful closing of the refinancing of its three 9,000 TEU container vessels. The Partnership today completed the previously announced refinancing with ICBC Financial Leasing...
[ad_1] An electric revolution is under way in the ferry sector. America’s largest ferry network, Washington State Ferries, has announced plans to deploy plug-in hybrid vessels on most of its routes. Norway’s leading ferry operators, Norled and Fjord1, are deploying multiple all-electric vessels for their...
[ad_1] The U.S. Navy is removing a strike fighter squadron from the aircraft carrier USS Gerald R. Ford due to a COVID-19 scare involving a sailor who tested positive for the virus. While the sailor that tested positive for the disease had not been aboard...
[ad_1] Two years ago, a dock collapsed at a private facility near Kodiak, resulting in a 3,000-gallon Bunker C spill in critical wildlife habitat. It resulted in the highest-cost-per-gallon cleanup effort on record, and it prompted the Coast Guard to step up its enforcement efforts...
[ad_1] In an intercept conducted in mid-May, the crew of the U.S. Coast Guard cutter James seized more than 3,100 pounds of cocaine from a low-profile go-fast boat in the Eastern Pacific. The haul is valued at more than $50 million. A maritime patrol aircraft spotted...
[ad_1] Bahamas Paradise Cruise Line announced plans to resume operations that could potentially make it the first ocean-going cruise line to resume service after the global suspension of cruise operations in March 2020. The operator of short cruises between the Port of Palm Beach, Florida...
[ad_1] NSC-Group, a leading technical and operational shipmanager, has renewed its agreement with Marlink for provision of high bandwidth Sealink VSAT to its fleet of more than 40 vessels. The agreement enables NSC-Group to support its strategy for digitalisation and vessel performance optimisation with always-on...
[ad_1] The long-term trend of annual rainfall taken across Northern USA and Southern Canada for over a century reveals a steady increase. Redirecting some seasonal spring flood water through pipes into water tables would bypass frozen ground and enhance summer agricultural production. That production would...
