The Panama Ship Registry will no longer accept the registration of oil tankers or bulk carriers that are more than 15 years old. This decisive action aims to optimize fleet...
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DOT Announces $64.6 Million for Maritime Infrastructure Through BUILD Program
U.S. Transportation Secretary Sean P. Duffy has announced $488 million in awards from the Better Utilizing Investments to Leverage Development (BUILD) grant program, with approximately $64.6 million dedicated to maritime...
Low Water Levels In Germany’s Rhine River Disrupt Shipping & Increase Freight Costs
Low water levels on Germany’s Rhine River due to a heatwave in western Europe have hindered shipping on the vital maritime waterway. Freight costs have risen for cargo owners due...
King Abdulaziz Port in Saudi Arabia adds shipping services connecting it with major international ports
The Saudi Ports Authority (Mawani) has recently announced the addition of three new shipping services to King Abdulaziz Port in Dammam, Saudi Arabia, connecting it with several major ports around...
Port of Corpus Christi Completes $625M Ship Channel Expansion, Boosting U.S. Energy Export Capacity
The Port of Corpus Christi has marked a significant milestone with the completion of its Channel Improvement Project (CIP), deepening the ship channel serving the nation’s busiest oil export port....