A few years ago, the Paris Agreement set in motion the path towards achieving reducing greenhouse gas emissions by at least 50% by 2030 and reaching as close to zero as possible by 2050. A series of ambitious pledges followed, and many actors invested …
How to ensure global net-zero pledges really work Read More »
Kinder Morgan’s shipping arm, American Petroleum Tankers, has been awarded a $28,548,000 charter contract option for one of its MR tankers, Empire State.The U.S. Department of Defense (DOD) announced the deal earlier this week, stating the option is th…
American Petroleum Tankers Awarded $28.5 Million MSC Charter Read More »
A loss of propulsion due to a false alarm led to cargo vessels colliding near Port Arthur, Texas last year, the National Transportation Safety Board (NTSB) said Thursday.While transiting the Sabine Pass on August 21, 2022, the general cargo…
False Alarm, Loss of Propulsion Leads to Cargo Ships Colliding Read More »
Rates also gaining in the Mediterranean as signs point to more upward momentum
Shipyards across the U.S. are investing in new equipment to increase lift capacity, opening up the door for more projects and improved efficiency.Southern California-based Marine Group Boat Works, which performs a mix of yacht, commercial and governmen…
US Shipyards Investing to Add Serious Lifting Power Read More »