The Port of Baltimore reported mid-afternoon on Tuesday that the U.S. Coast Guard reopened the shipping channel into Baltimore following the explosion and fire aboard the bulker W-Sapphire last night. As of midday on Tuesday, August 19, a...
The Port of Auckland in New Zealand is finally set to embark on major infrastructure expansion projects aimed at enhancing its competitiveness. It is proceeding after getting a government greenlight under a new law designed to cut red tape in the approval process for...
August has marked what many hope will be a turning point and the start of a new beginning for New Zealand’s KiwiRail and its troubled interisland ferry service. It reports that the previous iReX ferry program has been brought to a close with a final settlement with...
Equinor, one of the leading developers in the offshore and renewable energy industry, is not proceeding with its development projects in Australia, marking another setback for the developing industry. The Norwegian company had been working in Australia for the past...
Fire concerns and the potential for toxic, runaway fires spurred by lithium-ion batteries continue to weigh heavily on the shipping industry. Lynden’s Alaska Marine Lines has become the latest carrier to report it will no longer ship electric vehicles or plug-in...
The exemption aims to maintain the competitiveness of Malaysia’s local industries. Without the exemption, local ship and aircraft owners might register their assets abroad, reducing economic activity in Malaysia. The MOF stated that taxation could drive owners to...
