蓼食う虫も好き好き

Peru Becomes New Center of Rivalry Between the U.S. and China   The U.S. has moved to counter China’s investments in a mega port in Peru with the Department of State funding an initiative that will establish a sister relationship between the ports of Hueneme in California and Paita in Peru. As China’s President Xi…

Suez Canal Completes Largest Transit as Floating Dock is Towed to Turkey The Suez Canal recently completed one of the most unique transits and the largest of its kind in the 154-year history of the waterway. A missive floating dock being transferred from Singapore to Turkey made its way north on November 7 and 8…

Most of the Iranian Navy is Tied Up in Bandar Abbas   In contrast with some periods recently when Iran felt itself under threat and dispersed its naval assets, a survey of the Islamic Republic of Iran Navy (Nedaja) vessels tied up in the Bandar Abbas Naval Harbour on November 14 showed that most of…

China and Peru’s Leaders Celebrate Opening of New Chinese-Built Megaport   China’s President Xi Jinping and Peru’s Dina Bouluarte celebrated the opening of the new Chancay megaport on Thursday, November 14, during an elaborate ceremony in Lima at the start of Xi’s state visit to South America timed to coincide Asia-Pacific Economic Cooperation Forum 2024.…

U.S. Awards $580 Million in Port Improvement Grants   The U.S. Maritime Administration (MARAD) announced plans to invest nearly $580 million to fund 31 additional port improvement projects in 15 states and one U.S. territory. The funding comes from MARAD’s Port Infrastructure Development Program (PIDP), which received $2.25 billion from the Bipartisan Infrastructure Law to…

MSC Gets Final Approval for Investment in Hamburg Terminal Operator HHLA The final regulatory approval has been granted for MSC Mediterranean Shipping Company to proceed with its investment in Hamburg, Germany-based HHLA (Hamburger Hafen und Logistik) setting the stage for a significant shift in the European logistics market. MSC now has seven business days to…

Norway’s Maritime Hydrogen Fuel Cell Pioneer Teco 230 Faces Bankruptcy   In a still-evolving financial situation, hydrogen fuel cell pioneer Teco 2030 Is facing a financial collapse after a bankruptcy petition was filed yesterday against the parent company. Earlier it had been reported that its manufacturing subsidiary was facing a bankruptcy petition and demands from…

Greece Arrests Master for “Drunkenness on Duty” and Causing Shipwreck   What would otherwise have been a minor ship casualty is now drawing attention after the Hellenic Coast Guard reported today that it has arrested the master of the vessel involved in the incident. The 46-year-old master of a Bahamas-registered cargo ship is being charged…

ZPMC Beats its Own Record With World’s Largest Pile-Driving Vessel   Chinese state-owned conglomerate ZPMC is known best for its STS gantry cranes, which can be found in ports around the world, but its shipyard division – Shanghai Zhenhua Heavy Industries Qidong Marine Engineering – is also a top builder of specialty vessels. It has…

Cargo Handling Specialist MacGregor Sold to Private Equity Firm   A well-known leader in maritime cargo and load handling, MacGregor is being sold to funds managed by Triton, a European mid-market sector-specialist investor. It is the final step in breaking apart Cargotec which also saw heavy equipment company Kalmar spun off to unlock value for…

Convicted Nigerian Pirate Charged Again for Second Hijacking   A Nigerian pirate who was convicted and sentenced for hijacking a Dutch freighter has been charged again in connection with a previous piracy incident in 2017.  The case has been in motion for more than six years. South African police arrested pirate action group leader Itoruboemi…

US Sanctions Syrian Company and 13 Tankers Involved with Iranian Oil Trade   The Biden administration is continuing to use sanctions to pressure Iran and target the sources of funding for both Iran and the Houthis. Today the Treasury’s Office of Foreign Assets Control (OFAC) announced its newest additions to the sanctions targeting a Syrian-based…

Efforts Push Forward for California Offshore Wind Despite Uncertainties   Both at the federal and local level efforts are continuing to push forward for the potential development of offshore wind power generation along the California coast. The Bureau of Ocean Energy Management (BOEM) took another step forward for what could become the first floating wind…

Ukraine Kills Senior Officer From Russia’s Black Sea Fleet Ukrainian agents have killed a top officer from one of Russia’s Black Sea missile-boat squadrons in Sevastopol, taking revenge for a series of cruise missile strikes on civilian targets in 2022.  Capt. First Rank Valery Trankovsky, commander of the Black Sea Fleet’s 41st Brigade, was assassinated…