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Recent Articles

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Members of the US Federal Maritime Commission urge Surface Transportation Board to reject Canadian Pacific’s plan to merge with Kansas City Southern; commissioners say merger could divert intermodal traffic from US ports to Canadian ports

US Maritime Administration announces designation of offshore wind vessels as vessels of national interest to enable federal support for more offshore wind construction; move to advance President Biden’s goal of 30GW of offshore wind capacity by 2030

Mitsui O.S.K. Lines announces participation in second project to develop an ammonia-fueled ship by 2026 with Mitsui E&S Shipbuilding and Tsuneishi Shipbuilding; ship expected to be first net zero-emission vessel under MOL’s long-term environmental plan

DB Schenker agrees to acquire USA Truck for a transaction value of approximately US$435M; company to build upon USA Truck's existing US and Mexico freight network to expand its global logistics services across land, air, and ocean transportation services

Energy solution company Amogy raises US$46M in round which includes SK Innovation, Amazon to apply its ammonia-to-power tech to an 18-wheel tractor trailer and an ocean cargo ship; company aims to reduce roughly five billion tonnes of emissions by 2040

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