President Joe Biden signed into law a $1 trillion infrastructure bill at a White House ceremony on Monday that drew Democrats and Republicans who pushed the legislation through a deeply divided U.S. Congress.The measure is designed to create…
Biden Signs $1 Trillion Infrastructure Bill into Law Read More »
Dirty tanker spot freight rates continued to show some positive momentum in October, with gains across all classes, OPEC said in its latest monthly report. Rates benefited from a general pick-up in activity starting at end-September. VLCCs and Suezmax …
Tanker Market: October Showed Some Positive Momentum Read More »
Maximum efficiency at optimized speeds, sufficient engine power with future-proof propulsion solutions that promise lower emissions – today, when a vessel hits the water, its design has already met a whole matrix of parameters to get to this point. Nev…
The evolution of ship design Read More »
Efforts to address climate change and move toward sustainability are gaining steam worldwide and, in some cases, the maritime industry is taking the lead on advanced technologies. Recently, the Republic of the Marshall Islands (RMI) Maritime Administra…
RMI Supports Advancing Decarbonization Technology Read More »
The U.S. Federal Maritime Commission (FMC) said it has set out to identify data constraints that impede the flow of ocean cargo and add to supply chain inefficiencies as severe bottlenecks continue to hamper global supply chains.Launched at the directi…
FMC Examining How Data Can Improve Ocean Cargo Velocity Read More »