Port Canaveral has signed a new 25-year lease with GT USA, expanding the operator’s footprint by 10 acres at the Port’s North Cargo Berth 6. The deal adds hurricane-resistant warehouses totaling nearly 170,000 square feet to handle breakbulk and general cargo.
The U.S. Coast Guard has awarded a $315 million contract to Tutor Perini Corp. to build a new fuel pier and cutter mooring at Base Kodiak, Alaska, part of a broader infrastructure buildout positioning Kodiak as a primary Arctic operating base by 2030.
Container schedule reliability sank to 29% on-time in August as the Far East–Europe trade cratered to pandemic-era lows, Xeneta reports, with typhoons, port congestion, and Red Sea disruptions compounding pressure ahead of peak season.
MARAD is offering up to $1.25 million for vessel designs that cut both fuel burn and underwater radiated noise.
Copper shipments worth up to half a billion dollars per vessel are straining the Port of New Orleans, a key metals gateway, as traders rush cargo into the U.S. ahead of a still-pending decision on expanding copper import tariffs, prompting some shippers to reroute metal by barge.
The Dali casualty has become the largest single loss in P&I market history, with reserves now exceeding $2.8 billion, according to Gallagher Specialty. The claim has reached a layer of the International Group’s insurance structure never previously tested at this scale.
U.S. Maritime Administrator Capt. Stephen M. Carmel toured Bluecore Energy’s Pier D facility at the Port of Long Beach, where the nuclear startup is developing small modular reactors for floating energy barges. The visit included a demonstration of the company’s SMR test pressure vessel.
A converted Caspian Sea firefighting tug is now Canada’s first new large Great Lakes cutter in three decades.
Three containers went overboard during cargo operations at the Port of Los Angeles, prompting a Coast Guard safety zone with two still submerged.
Los Angeles moved more than 2.9 million TEUs across June, July and August, its busiest quarter ever.
