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ABS CEO Wiernicki to Retire After 14-Year Tenure
Christopher J. Wiernicki, ABS Chairman and CEO of the American Bureau of Shipping (ABS), has announced his retirement effective end of 2025, following a 14-year leadership tenure that saw significant company growth and industry achievements.
FMC Awards Samsung $3.6M in Landmark Demurrage Case Against ZIM
The Federal Maritime Commission (FMC) has delivered a significant ruling in a contentious shipping dispute, awarding Samsung Electronics America (SEA) $3.68 million in reparations against ZIM Integrated Shipping Services Ltd.
NTSB: Inexperienced Pilot’s Phone Use and Outdraft Current Led to $1.3M Ohio River Tow Accident
The National Transportation Safety Board (NTSB) has determined that an inexperienced pilot’s failure to compensate for outdraft current, combined with cell phone use, led to a costly towing vessel accident on the Ohio River in March 2024.
Trump Administration Halts Major New York Offshore Wind Project
U.S. Interior Secretary Doug Burgum has ordered an immediate halt to construction on Equinor’s Empire Wind project off the coast of New York, marking a significant development for the U.S. offshore wind industry.
500,000 Barrels Of Oil Forced To Offload In Venezuela After Export Permit Cancelled
A tanker chartered by Chevron is about to complete offloading nearly 500,000 barrels of Venezuelan oil at a local port after Venezuela’s state-run oil firm PDVSA ordered the cargo to be returned.
MSC Makes History as First Container Line to Hit 900-Ship Fleet
Swiss-based Mediterranean Shipping Company (MSC) has become the first global container carrier to operate a fleet of 900 vessels, according to Alphaliner.
