Maersk Group has received a permanent license to operate container business activities in Myanmar. The business will encompass the three brands Maersk Line, MCC Transport and Safmarine and the agency in Yangon will be officially opened in May 2014. “We are pleased to be granted a permanent business license to operate our own agency in […]
The Federal Maritime Commission announced a compromise agreement reached with Mitsui O.S.K. Lines Ltd. (MOL) and its corporate affiliate, Nissan Motor Car Carrier Co. (NMCC). Mitsui O.S.K. Lines Ltd., is a vessel-operating common carrier based in Japan. As a separate line of commerce, MOL and NMCC operate pure car carriers (PCCs) and roll on/roll off […]
BALTIMORE, – To advance the availability of alternative energy solutions, Lockheed Martin announced today that it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project announced to date. This is a significant step toward making ocean energy commercially available. The 62.5-megawatt peak power wave energy generation […]
Copenhagen, Denmark/Madison, New Jersey, USA/Panama City, Panama – Maersk Line, the world’s leading ocean transportation company and a unit of the A.P. Moller-Maersk Group, announces today the formation of a regional, containerized shipping company – SeaLand – dedicated to the intra-Americas market. This new affiliate will have a structure similar to Maersk’s other successful regional […]
Agriculture amounts to half of Kenyan GDP and employs 75% of the Kenyan workforce, according to World Economic Forum. The shipping and logistics industry have played a vital role in enabling Kenyan farmers expand their markets resulting in a positive impact on the local economy. By use of Maersk Lines’s reefer containers with special technology […]
The Australian Maritime Safety Authority can confirm that the Akademik Shokalskiy and the Xue Long have broken free from the ice in Antarctica and are no longer in need of assistance. The United States Coast Guard ice breaker Polar Star has been released from search and rescue tasking by AMSA’s Rescue Coordination Centre (RCC Australia) […]
The Federal Maritime Commission announced compromise agreements reached with two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and outbound trades. Under these separate agreements, Kawasaki Kisen Kaisha Ltd. (K Line), paid $1,100,000 in civil penalties and Nippon Yusen Kaisha (NYK Line), paid $1,225,000 in penalties. Both […]
WASHINGTON – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced today that it is providing a total of $1.4 million for two projects supporting the increased use of alternative fuels and technology in the maritime industry. The funds will be used to collect information on use of liquefied natural gas (LNG) as a marine […]
The US is seriously considering its rules governing offshore oil drilling. In view of the the recent oil spills in the Gulf of Mexico and the adverse environmental consequences, more stringent rules are been crafted to eliminate the circumstances that triggered such spills.
Recently there has been a rise in the amount of new legislation passed by maritime authorities to restrict deep ocean fishing activities of fishing vessels. Though there be a legitimate concern for the deplition of certain specific species of fishes, I think the rules go way beyond conservation concerns
