September 29, 2023
Via: FreightWavesAmerica has committed a massive sum — $43.7 billion and rising — toward military equipment for Ukraine. Simultaneously, the U.S. and NATO have ramped up their joint exercise, Operation Atlantic Resolve, in the wake of Russia’s invasion of Ukraine. For […]
February 20, 2023
Via: Offshore EnergyPGNiG, an ORLEN Group company specialising in LNG trading, said in a social media update on 19 February that the LNG carrier set off on a journey to Poland carrying cargo from Cheniere Energy’s Sabine Pass terminal in Louisiana. Upon […]
October 26, 2022
Via: Transport TopicsThe U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. Under […]
August 31, 2022
Via: Transport TopicsToyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31. Production is set to start between 2024 and 2026. In Japan, $3 billion will go into […]
June 28, 2022
Via: FreightWavesLess than a week after securing a Part 135 air carrier certification from the Federal Aviation Administration, drone delivery firm Zipline is putting its new credentials to work. The Bay Area-based company on Tuesday announced its commercial expansion into North […]
September 2, 2021
Via: Transport TopicsTraffic fatalities grew 10.5% in the first three months of the year even as overall driving declined, according to the National Highway Traffic Safety Administration, which cited speeding and other risky behaviors that emerged when the pandemic reduced the number […]
Impact & Regulations, Infrastructure
June 24, 2021
Via: Transport TopicsFunding to expand parking facilities for truck drivers around the country is included in comprehensive highway policy legislation expected before the U.S. House of Representatives during the week of June 28. The highway bill’s provision, championed by Rep. Mike Bost […]
June 17, 2021
Via: FreightWavesThe Federal Highway Administration (FHWA) is an agency of the U.S. Department of Transportation that is focused on highway transportation. The FHWA supports state and local governments in the design, construction and maintenance of the national highway system as well […]
Impact & Regulations, Shipping
October 25, 2019
Via: World Maritime NewsThe waiver, issues on October 24, allows “maintenance or wind down of transactions” and is valid until December 20. This includes offloading non-Iranian crude oil involving COSCO Shipping Tanker (Dalian) Co. Ltd, according to a notice from the department’s Office […]
October 14, 2019
Via: World Maritime NewsNamely, the U.S. President, Donald Trump, said that the deal with China means that “they will immediately start buying very large quantity of our agricultural product, not wait until the deal is signed over the next 3 or 4 weeks.” […]
Impact & Regulations, Shipping
October 1, 2019
Via: World Maritime NewsThe sanctions were imposed on COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co. As explained by Teekay, COSCO Dalian is a direct 50% shareholder in China LNG Shipping (Holdings) Limited (CLNG). CLNG was […]
Impact & Regulations, Shipping
September 26, 2019
Via: World Maritime NewsCOSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co. were determined by the Secretary of State to meet the criteria for the imposition of sanctions. It was further stated that the sanctions applied only […]
Impact & Regulations, Shipping
September 25, 2019
Via: World Maritime NewsNamely, the U.S. Treasury said that the latest measures include Cyprus-headquartered Caroil Transport Marine, and the three vessels that the company operates, as well as the Panama-based Trocana World Inc., Tovase Development Corp and Bluelane Overseas SA, the registered owner […]
Impact & Regulations, Shipping
August 15, 2019
Via: World Maritime NewsNamely, the authorities have made a last-minute application to block the release of the tanker, that was seized in waters off Gibraltar by the UK in early July under suspicion of violating EU sanctions and transferring oil to Syria. The […]
June 13, 2019
Via: World Maritime NewsAccording to the U.S. Department of Transportation (DOT), the new program aims to support public coastal ports by improving the safety, efficiency, or reliability of goods movement into, out of, or within a port. “This major investment in the Port […]
June 5, 2019
Via: World Maritime NewsUnder the newly announced changes, meant to tighten the economic pressure on the Cuban government, the United States will no longer permit visits to Cuba via passenger and recreational vessels, including cruise ships and yachts, and private and corporate aircraft. […]
May 24, 2019
Via: World Maritime NewsOn May 13, China announced an increase in retaliatory tariffs on USD 60 billion of imports from the US as part of the escalating trade dispute between the two countries. The tariffs will jump to 20%-25%, effective June 1, from […]
March 11, 2019
Via: World Maritime NewsAccording to a report by the National Retail Federation and Hackett Associates, the decline would be noted as the retail industry entered its annual lull between seasons, while plans for a tariff increase were put on hold. “Now that the […]
February 13, 2019
Via: World Maritime NewsImports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett […]
February 6, 2019
Via: World Maritime NewsThe United States became the world’s top exporter of ethane in 2015, surpassing Norway, the only other country to ship ethane internationally. In 2014 and 2015, all U.S. ethane shipments went to Canada, but in 2018 the country sent ethane […]