Washington – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced that up to $684.3 million is now available for Port Infrastructure Development Program (PIDP) grants, to be awarded on a competitive basis to projects that improve the safety, efficiency, and reliability of the movement of goods into, out of, around, or within a port. […]
MARAD ups funding for U.S ports to $684 million Read More »
Ocean Network Express (ONE), which groups three Japanese carriers, has announced plans to invest $20 billion on new containership and terminal acquisitions over the next eight years. The alliance was established in 2017 by K Line, MOL and NYK. It presently operates some 208 ships with a total capacity of 1.5 million TEUs, ranking it
ONE unveils growth strategy investing $20 billion by 2030 Read More »
St-Catharines, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) today marked the opening of the Seaway’s 64th navigation season. The Canada Steamship Lines’ Trillium Class bulk carrier CSL Welland was the first ship to transit through the Welland Canal. Traffic opened in the Montreal-Lake Ontario section on March 22. While marine industry stakeholders were
Seaway’s vital trade role underlined at opening of 2022 navigation season Read More »
Dutch shipbuilder Damen has announced its decision to stop deliveries of new vessels to Russian customers, thereby joining a growing list of suppliers and service providers responding to Russia’s invasion of Ukraine by severing ties until further notice. The firm said the decision will have a measurable impact on the company’s earnings. “It is a
Damen ceases deliveries of new ships to Russia Read More »
By Michael Grey* You would be, to say the least, extremely angry, if your car came to a grinding halt and the nice person from the emergency services looked up from the engine compartment and told you the engine had been wrecked because of the fuel you had been supplied by the filling station.
On our Forum: Questions aplenty about ship fuel problems and ‘green’ solutions Read More »
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and compatriot Kawasaki Heavy Industries, Ltd. (KHI) as well as Preferred Networks announced that they have concluded a co-development contract for “AI (Artificial Intelligence)-based Marine Machinery Operation Support System that is expected to be part of the core technology to achieve autonomous vessel operation in the future. The system
K Line looks to artificial intelligence to keep ship machinery operational Read More »
This autumn issue of Maritime Magazine (#102) has exceptional content as the global economy unevenly pursues post-pandemic recovery. Our annual feature on North Atlantic trade contains a revelation: Germany is showing signs of overtaking BREXIT-struck UK as Canada’s leading merchandise trading partner in Europe, a development that few would have ever dared predict! The special
New Maritime Magazine now online Read More »
By Michael Grey* Will what we used to think of as “normal” ever return? Black swans used to be rare, but now they are coming by the squadrons, like migrating geese, as one daft occurrence succeeds the last in bewildering succession. There is a world shortage of lorry drivers, as they all opt to drive
On our Forum: Stranger than fiction in a world ‘not far short of chaos’ Read More »
By Michael Grey* One of my happiest assignments was during the 1970s when I found myself the part-time “Maritime Editor” of the new children’s weekly “Speed and Power”. It was a wonderful role, with a readership that could be relied on to respond vigorously to just about everything the journalists said in their pages. And
(On our Forum)Fantasy Island and the realities of decarbonisation… Read More »
By Michael Grey* The results of an inquest in the UK on the deaths caused by a tram coming off the rails gave one pause for thought. The driver, it had concluded, had suffered a “microsleep” at the very moment he should have been applying the brakes and the tram had rushed on with
The many challenges to one-man bridge operations (Forum) Read More »