In the above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade in and out of the Port of New York and New Jersey.
Yesterday, MOTC’s Jones Act tanker, the American Phoenix, was steaming north to New York with a full cargo of West Texas Sweet Crude, however as of this morning, she is moored in Delaware Bay while the Port of New York and New Jersey reopens to commercial traffic.
The following is a video of the American Phoenix being launched from BAE Systems’ Alabama shipyard.
Hanwha Ocean has successfully completed the world’s first ship-to-ship (STS) transfer of liquefied natural gas between vessels undergoing sea trials. The innovative procedure eliminates the traditional requirement for LNG carriers...
Malaysia's MMC Port Holdings has decided to postpone its planned initial public offering to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters on Tuesday.
U.S. Customs and Border Protection has provided long-awaited details related to payments for the new vessel fees targeting Chinese maritime interests that take effect October 14. The fees, mandated under...
October 6, 2025
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