November 16, 2022
Port of Los Angeles October Imports Tumble

Port of Los Angeles October Imports Tumble

October volume at the busiest U.S. seaport fell to its lowest level since 2009 as shippers sent cargo to alternate trade gateways to avoid potential disruptions from ongoing West Coast port labor talks, Port of Los Angeles Executive Director…
November 16, 2022
Freeport LNG Blames Valve Testing Faults for June Accident

Freeport LNG Blames Valve Testing Faults for June Accident

Freeport LNG pointed to deficiencies in safety valve testing and operating procedures as the root causes of a pipeline explosion that shut its export plant in Texas on June 8, according to a report released on Tuesday.The fiery explosion at the Texas Gulf Coast plant…
November 16, 2022
Australia Bans Bulk Carrier Over Unpaid Wages

Australia Bans Bulk Carrier Over Unpaid Wages

A Panamanian-flagged bulk carrier has been detained and is temporarily prohibited from entering Australian ports after it was discovered the crew onboard was being underpaid.The Australian Maritime Safety Authority (AMSA) said it banned the…
November 15, 2022
Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth

Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth

The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships…
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