March 19, 2013
Businesses that rely on barge traffic on the 440-mile McClellan-Kerr Arkansas River Navigation System to move fertilizer, grain and other commodities are raising concerns about looming federal budget cuts’ effects on shipping. The U.S. Army Corps of Engineers operates locks …
January 14, 2013
Crews have completed the most critical phase of removing bedrock that threatened barges along a crucial stretch of the drought-starved Mississippi River, staving off the shipping industry’s fears that the treacherous channel could close to traffic, the U.S. Army Corps …
November 27, 2012
GAC Maritime Security announced that it has entered into a strategic partnership with Mobile Defense Systems LLC “to provide PirateFence™ anti-grapple razor wire to protect vessels from attacks by sea criminals. This marks the latest addition to GAC Maritime Security’s …
November 1, 2012
Cargo shipping was at a standstill on Oct. 30 on the Great Lakes as superstorm Sandy churned waves up to two stories high, forcing crews to take refuge in bays and harbors and raising concerns about an economic blow if …
July 18, 2012
Somalia’s president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United Nations investigation which criticizes the “climate of impunity” enjoyed by pirate kingpins in Somalia and abroad. The U.N. Monitoring Group …
July 13, 2012
South Korea will soon decide on whether to resume Iranian crude imports after Tehran offered to ship and insure the oil to get around the impact of EU sanctions, two Korean government sources said on Friday. The EU oil embargo …
July 10, 2012
A prominent U.S. lawmaker has asked the small South Pacific island nation of Tuvalu to stop reflagging Iranian oil tankers and warned its government of the risks of running afoul of U.S. sanctions. The European Union banned Iranian oil imports …
June 20, 2012
London-based GAC Protective Solutions, a company specializing in providing onboard crew training, pre-voyage preparation and defensive configurations for vessels traveling into high risk areas, has indicated that “non-lethal measures” are the “long-term key to combating sea crime.” GAC’s Group Vice …
May 11, 2012
European ship owners could violate impending EU sanctions against Iran without even knowing it every time they set sail, leaving them vulnerable to being blacklisted, the managing director of leading industry group Intertanko said on Friday. Vessels ranging from tankers …
May 9, 2012
The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on providing insurance for tankers carrying Iranian oil, arguing that it could lead to a damaging spike in oil prices, European …