US

US waiver on Iranian oil imports will not be renewed

The Significant Reduction Exemptions (SREs) granted last November to eight countries by the US for Iranian crude oil imports will not be renewed and are due to expire on 2 May 2019, the US State Department announced. 

Port of LA to reduce emissions with next-gen eco-trucks

The Port of Los Angeles, Toyota, Kenworth, and the California Air Resources Board took the next step towards the future of zero-emission trucking, presenting fuel cell electric heavy-duty trucks. The Port of Los Angeles will develop the project in numerous phases, incorporating initiatives in Southern California, the Central Coast Area, and Merced County.

Iran threatens to block the Strait of Hormuz after US ends waivers

Iran threatened to block the Strait of Hormuz if it was not allowed to use the strategic waterway through which around a fifth of oil that is consumed globally passes. This came after the US announcement that it will end exemptions awarded last year to eight buyers of Iranian oil, demanding them to stop purchases by May 1 or face sanctions.

MARAD funds $6.7m for marine highway projects in the US

The US Department of Transportation’s Maritime Administration (MARAD) reported $6,790,000 in grants to three Marine Highway projects. The funding will go towards improving the already existent services in Louisiana and Virginia and also will boost the development of a new New York project.

US chartered ship to search for missing Japanese fighter jet

The Japanese Defense Minister Takeshi Iwaya informed on April 23 that a US-chartered ship will join this month a deep-sea search for an F-35A fighter jet that recently crashed in the Pacific. The ‘Van Gogh’ will take part in the search effort by the Maritime Self-Defense Force and US forces off Aomori Prefecture. he jet crashed on April 9 during an Air Self-Defense Force night exercise after having taken off from Misawa Air Base in Aomori.

US mulls Jones Act waiver for LNG

US President Donald Trump is considering waiving the Jones Act requirement that only US-flagged vessels can move LNG from American ports to Puerto Rico. While top administration officials seem to be divided on the issue, the US President is leaning in favor of some sort of waiver. 

US achieves new record in petroleum product exports in 2018

US exports of total petroleum products achieved a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), which is an increase of 366,000 b/d from 2017 levels, EIA reports. The three largest petroleum product exports from the US in 2018 were distillate, propane, and motor gasoline. Total US petroleum product exports set a record high in 2018 for the 16th year in a row.

US ends exceptions for Iranian oil importers

The US Secretary of State Mike Pompeo announced on April 22 that the United States will end all exceptions for countries currently purchasing oil from Iran. As he specifically, said the country will no longer grant any exceptions. ‘We’re going to zero across the board’. Countries that had previously bought Iran’s crude oil have been transitioning to new suppliers.

Port of Long Beach’s measures to reach zero emissions

The Port of Long Beach has implemented aggressive goals for zero emissions goods movement. The 2017 Clean Air Action Plan Update set the Port of Long Beach on the path to zero-emission goods movement, with a target of transitioning terminal equipment to zero emissions by 2030 and on-road trucks by 2035.

North Carolina ports welcome first ever 12,000 TEU vessel

North Carolina ports announced on Monday, April 22, that it welcomed its first ever 12,000 TEU vessel to the Port of Wilmington. The Kota Pekarang vessel is the largest capacity-wise to call the port. It is operated by ZIM in collaboration with 2M Alliance, linking Asia to Wilmington.

Poll

Do you think the entire shipping industry will be completely digitalized by 2025?

maritime events