maritime transport

What Your New Student Loan Officer Means for Student Loan Forgiveness

President Joe Biden (Photo by Chip Somodevilla/Getty Images) Getty Images Here’s what your new student loan manager means for canceling student loans. Here’s what you need to know — and what it means for your student loans. Student loans Millions of student borrowers may soon have a new student loan manager – the company that […]

Seaborne

Sri Lankan president seeks escape by sea after airport standoff

COLUMBUS: The Sri Lankan president was planning to use a navy patrol boat to flee the island on Tuesday after a humiliating confrontation with immigration at the airport, official sources said. Gotabaya Rajapaksa vowed to step down on Wednesday and pave the way for a “peaceful transition of power” following widespread protests against him over […]

Seaborne

Sri Lankan president seeks escape by sea after airport standoff and Sri Lankan crisis

July 12, 2022, 3:00 PM IST The 73-year-old leader fled his official residence in Colombo just before tens of thousands of protesters swarmed it on Saturday. He then wanted to travel to Dubai, officials said. Colombo: The Sri Lankan president was planning to use a navy patrol boat to flee the island on Tuesday after […]

maritime transport

The main reason people over 65 get reverse mortgages

Paying off debt has become the most common reason retirees take out reverse mortgages, according to a bank. Heartland Bank hit the milestone of approving 20,000 reverse mortgages earlier this year, with older homeowners borrowing against the equity in their homes and only paying them back when they decide to sell and move. But home […]

Marine

SWOT Analysis of Ship Auxiliary Propulsion Systems Market by 2028

New Jersey, United States – The Ship Auxiliary Propulsion System Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by […]

Seaborne

The EU market is the largest in the world for imports of crude oil transported by sea

JThe EU is again the largest importer of crude oil by sea. As a result, the overhaul of crude oil exchanges and the banning of Russian oil are expected to play a major role in the future of oil freight markets. In its latest weekly report, ship broker Banchero Costa said that “2021 has been […]

Coastguard

Throwing a lifeline as Coastguard Lifeboat Station Wick calls for volunteers – Do you have what it takes to help save lives around our coastline?

Click here to sign up for our curated newsletters! A visit from the John O’Groat Journal to find out a bit more about the operation of an emergency service in Wick led to a call for volunteers to help the local coastguard. Ewen Scott, senior coastal operations officer at Coastguard Lifeboat Station Wick, works full-time […]

Coastguard

Elite rowing crew rescued by coastguard after being hit by extreme weather off the coast of Scotland

An elite rowing crew on a charity mission had to be rescued by the coastguard after being hit by extreme weather off the coast of Scotland. The team were competing in the GB Row Challenge when they got into trouble near Mull of Kintyre, Argyll in the early hours of Monday morning. 2 The Sea […]

Marine

Fincantieri Marine Group appoints Marco Galbiati as CEO

Marco Galbiati (FMG) Posted on July 7, 2022 at 5:41 PM by The Maritime Executive As Fincantieri Marine Group transitions from the Freedom-class Littoral combat ship program to the new Constellation-class frigate, its board has approved key personnel changes at the top. FMG has promoted its current managing director Marco Galbiati to CEO, effective Wednesday. […]

maritime transport

SoFi Technologies (NASDAQ:SOFI) Price Target Lowered to $7.00 at Mizuho

SoFi Technologies (NASDAQ: SOFI – Get a rating) had its target price reduced by Mizuho stock analysts from $9.00 to $7.00 in a report on Thursday, Fly reports. Mizuho’s target price indicates a potential upside of 18.64% from the stock’s previous close. SOFI has been the subject of several other research reports. Citigroup cut its […]

Marine

Marine Automation Integrated System Market Size, Scope and Forecast

New Jersey, United States – The Integrated Marine Automation Systems Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by […]

maritime transport

Where to invest $100,000 today

Marina_Skoropadskaya/iStock via Getty Images Co-produced with Treading Softly A common question that runs through my inbox as an author on investing and retirement is like, “I have $X to invest, where would you put it today?” or “I just started and saved $X, where do I start?” I know I probably get these types of […]

Marine

Port of San Diego’s Environmental Efforts Recognized Again with Green Marine Certification

The Port of San Diego has been re-certified by Green Marine, North America’s largest voluntary environmental certification program for the marine industry. The port first registered with Green Marine in 2018 and was the second port in California at the time to become a Green Marine participant. The recertification covers the calendar year 2021. To […]

maritime transport

Home equity loan history

Home equity loans have been around for nearly a century, providing borrowers with a way to cover major expenses such as home repairs, medical bills and debt consolidation. Despite their long history, however, the popularity of these loans has risen and fallen over the past few decades. They have also evolved over the years to […]

Marine

In-Depth Study by Key Players and Segments – Designer Women

“Marine Navigation Lighting Market 2022-2026: Marine Navigation Lighting Market exhibits comprehensive information which is a valuable source of insightful data for business strategists during the decade 2016-2026. Based on historical data, the Marine Navigation Lighting market report provides key segments and their sub-segments, revenue and demand and supply data. Considering the technological breakthroughs in the […]

maritime transport

“The key is not to be paralyzed by fear.” Now is the time to be proactive before higher rates show up on your credit card bills.

Credit card debt can be difficult to manage, even at the best of times, but increasingly high interest rates add to that challenge. In June, the Federal Reserve announced a 0.75% increase in the federal funds rate, its largest increase in nearly 30 years. Increases in this rate tend to make borrowing more expensive, which […]

Coastguard

Coastguard warns ‘no photo is worth a life’

Photo: Shetland CoastguardPhoto: Shetland Coastguard The LOCAL Coastguard has reminded people to stay clear of the edges of the cliffs when looking to take the ‘perfect shot’. He said in a social media post that “no picture is worth a life”. It comes after the RSPB also reminded people this week not to climb the […]

Marine

Marine solutions company S’pore linked to Chinese company on US blacklist

SINGAPORE – Local shipping company Highlander Marine (Asia-Pacific) has been linked to a Chinese company that was added to a United States trade blacklist on Tuesday (June 28). The blacklist indicates that Highlander Marine’s location at the [email protected] industrial complex near Pioneer Road is an alternative address in Singapore for Beijing Highlander Digital Technology. The […]

maritime transport

Eligible for Civil Service Loan Forgiveness? You may need to act sooner than you think

The Civil Service Loan Cancellation Program has now canceled a total of $7.3 billion in student loans for more than 127,000 borrowers. After the rule changes in October 2021 and again in april this year, the loan relief has been extended to even more public servants – such as teachers, government employees, first responders and […]

Coastguard

Lifesaving defibrillators donated to remote UK communities thanks to HM Coastguard

AEDs are now available in HM Coastguard vehicles. Life-saving defibrillators have been donated to remote highland communities, thanks to an initiative by HM Coastguard. The new defibrillators mean extra lifesaving capability in an emergency and help close some critical ‘gaps’ to bring access to automatic external defibrillators (AEDs) to people in the UK’s most remote […]

Marine

Global Marine Navigation Lighting Market Examined in New Analysis Hella Marine, Lolight, Perko, Navisafe – Designer Women

The detailed analysis of the world situation marine navigation lighting market provides key insights on changing industry dynamics, value chain analysis, major investment pockets, competitive scenarios, regional landscape and crucial segments. It also offers in-depth inspection related to driving and restraint ingredients for the global marine navigation lighting market. Additionally, explains the superior data on […]

maritime transport

Rising interest rates mean it’s time to eliminate your credit card debt

(NerdWallet) – Credit card debt can be difficult to manage even at the best of times, but increasingly high interest rates add to that challenge. The Federal Reserve announced a 0.75% increase in the federal funds rate – its biggest hike in nearly 30 years. Increases in this rate tend to make borrowing more expensive, […]

Marine

The new technological face of ship financing

ESG (Environment-Social-Governance) considerations are integrally linked to the financing of maritime transport. For example, the costs of ship loans (and soon hull insurance) are explicitly linked to the achievement of specific “carbon intensity” targets. At the same time, rapid developments in data management and transmission technologies for all types of ship data are changing the […]

maritime transport

TakeFast3k.com Review – Are TakeFast3K.com Loans Legit or Not?

TakeFast3k.com is an online lender that lets you easily borrow up to $5,000. The company partners with large networks of lenders to lend money to people in all 50 states. Borrowers receive cash quickly without leaving the comfort of their homes. Is TakeFast3k.com legit? Can you really borrow money through TakeFast3k? Keep reading to find […]

Shipboard

The Navy is still investing millions in the development of laser weapons on board

The Navy has been working for more than a decade on various efforts to equip warships with laser weapons capable of confusing or destroying enemy systems. And while the service still doesn’t have a show-ready ship laser, it is still investing heavily in technology, with millions slated for several prototypes and developmental weapons over the […]

Marine

Viasat to test 5G network for Marine Corps operations

WASHINGTON — Viasat, a California-based communications company, will experiment with 5G to support U.S. Marine Corps operations and broader command and control applications after winning a Department of Defense research grant. Over four years, Viasat will explore how 5G networking and associated technologies can combine to support what is known as Expeditionary Advanced Base Operations, […]

maritime transport

10 Financial Mistakes Physicians Should Avoid

We all know that doctors can earn a good amount of money every month, but they are not free from financial gaffes at some point in their lives. It is essential that doctors, whether young or experienced, understand the mistakes they can make and how to avoid them. Here are some of the most common […]

Marine

Leclanché announces the development of a third generation marine battery system for the electrification of a wide range of vessels

Leclanché, one of the world leaders in energy storage solutions, has completed the development of a third generation marine battery system designed to meet the needs of shipbuilders in the production of 100% electric and hybrid marine vessels. Called Navius ​​MRS-3TM (Marine Rack System: images available here), the new system improves on Leclanché’s popular and […]

Seaborne

Oil trade; Asia imports more Russian oil transported by sea than

Nearly four months after Russia invaded Ukraine, Russian Urals crude has seen a shift in flow from its traditional market in Europe to Asia. Since the beginning of the war, based on the average of March to May 2022, Indian imports of Urals crude have increased by 658% compared to 2021 levels, while for China, […]

Coastguard

Coastguard warning after driver parks car on island beach

With temperatures soaring, what better way to soak up the sun than the stunning silvery sands of the Western Isles. However, the Coastguard was forced to issue a sand driving warning after the unfortunate owner of this car was forced to seek the help of a farmer to recover his vehicle. The car got stuck […]

Marine

Navy destroyer named after decorated sailor killed in WWII – NBC Los Angeles

The christening of a Navy destroyer on Saturday highlighted the sacrifices of two generations – the ship’s namesake killed in World War II and another Marine who died more than 60 years later. The future USS Basilone is named after a Marine who received the Medal of Honor before his death on Iwo Jima. Breaking […]

Seaborne

Russian oil exports by sea may find ways to circumvent EU insurance ban: sources

Some shipping sources are unconvinced that an EU insurance ban will prevent shipowners from seeking Russian barrels as more distant alternative insurance providers remain an option, they said on June 15. Tanker owners also take advantage of exorbitant freight rates for trips out of Russia, as that oil still finds homes despite a barrage of […]

Marine

Third American missing in Ukraine is US Navy veteran Grady Kurpasi

Missing Americans Alexander John-Robert Drueke (left) and Andy Tai Ngoc Huynh appeared in this undated photo posted Thursday on Telegram by a Russian blogger. (from telegram) A photo emerged on Thursday of two American fighters in the back of a Russian military truck apparently confirming that they had been captured by Russian forces north of […]

Coastguard

HM Coastguard / Offshore SAR Management (OSARM)

The Maritime Search and Rescue Management course is delivered to the oil and gas industry by the Maritime and Coastguard Agency (MCA) to ensure that relevant personnel are trained and briefed on the correct procedures and processes to be followed in SAR situations and other emergencies. . The Maritime and Coastguard Agency is an executive […]

maritime transport

Comparison of VersaBank (NASDAQ:VBNK) and Esquire Financial (NASDAQ:ESQ)

VersaBank (NASDAQ: VBNK – Get a rating) and Esquire Financial (NASDAQ:ESQ – Get a rating) are both small-cap finance companies, but which business is superior? We’ll compare the two companies based on valuation strength, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends. Insider and Institutional Ownership 24.3% of VersaBank shares are held by institutional […]

Coastguard

Lochaber Coastguard members awarded long service medals

You want to know more ? We value our content and access to our full site is only available with a subscription. Your subscription entitles you to 7 days a week access to our website, as well as a full digital copy of the week’s newspaper to read on your pc/mac or mobile device. Plus, […]

Marine

Cox Marine will highlight the development of next-generation hydrogen solutions

Image courtesy of Cox Marine Posted on June 15, 2022 6:47 PM by The Maritime Executive [By: Cox Marine] Manufacturer CXO300 is also showcasing its revolutionary diesel outboard engine with UK distributor Berthon at the VA30/31/32 docks, with demos available on a Cox-powered RIB […]

Seaborne

BHIC bullish on maritime trade

KUALA LUMPUR: Boustead Heavy Industries Corp. Bhd (BHIC) sees better prospects in 2022 amid improving and favorable economic conditions, the government’s commitment to safeguarding national defense and security, and a strong order book. In a statement yesterday, BHIC Managing Director Sharifuddin Md Zaini Al-Manaf said the group was optimistic in view of the increase in […]

Seaborne

Russian oil production up 5%; Maritime exports up 9.5%

Russia’s oil production rose nearly 5% in the first half of June from May, the Interfax news agency reported on Tuesday, citing a source familiar with the production statistics. Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June, 68,000 tonnes above May levels, the news agency reported. […]

Marine

Marine Lubricants Market SWOT Analysis, Growth, Share, Size

marine lubricants market The Global Marine Lubricants Market report from Global Insight Services is the only authoritative source of marine lubricants market information. The report will provide you with an analysis of the impact of the latest market disruptions such as the Russian-Ukrainian war and Covid-19 on the market. The report provides qualitative analysis of […]

Marine

Marine Navigation Lights Market Recovers From Covid-19 Outbreak – More Details on Key Players and Future Analysis | Perko, Sealite, Innovative Lighting – Indian Defense News

Marine Navigation Lights Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19 Impact Analysis and Projected Recovery, and Market Sizing and Forecast. Latest research launched on Global marine navigation lights market, it provides a detailed analysis with presentable graphs, charts and tables. This […]

Seaborne

Maritime iron ore trade down in first four months of 2022 as Chinese demand declines

SIron ore trade has fallen 2% so far in the first four months of 2022 as Chinese demand has not been as strong. In a recent weekly report, shipbroker Banchero Costa noted that “global iron ore loadings in the full 12 months of 2021 increased by +0.7% year-on-year to 1,555.3 million tonnes , according to […]

Marine

ABS, Daewoo Shipbuilding and Marine Engineering and GasLog agree to develop on-board carbon capture technology

ABS, Daewoo Shipbuilding and Marine Engineering (DSME) and GasLog are joining forces to lead the development of carbon neutral shipping. The three companies have committed to working together to develop an on-board CO2 capture and storage system (OCCS) by signing a joint development project (JDP) during the Posidonia International Shipping Exhibition. This emission reduction technology […]

maritime transport

From Eggs to Plane Tickets, Blame High Inflation for These 5 Skyrocketing Items

Jrising pipe costs squeeze your wallet at the gas station and grocery store just won’t stop. US inflation hit a new 40-year high in May, according to Data released Friday by the Bureau of Labor Statistics. The consumer price index (CPI), which measures the prices of a wide range of goods and services, rose 8.6% […]

maritime transport

What is a good debt ratio and why is it important? | Mortgages and advice

A good debt-to-equity ratio is essential for loan approval, whether you’re looking for a mortgage, car loan or line of credit. This ratio shows lenders how much debt you have relative to the income you earn. “The DTI ratio is the relationship between your scheduled monthly payments and your gross monthly income, expressed as a […]

Shipboard

Global Edge Cables Market Trends, Strategies and Opportunities 2022-2031

Automotive Cable Market Report 2022: Market Size, Trends and Forecast to 2026 Global Automotive Cables Market Report 2022 by Trade Research Company: Market Size, Trends and Forecasts to 2026 LONDON, GREATER LONDON, UNITED KINGDOM, June 10, 2022 /EINPresswire.com/ — According to the “Shipboard Cables Global Market Report 2022 – Market Size, Trends, And Global Forecast […]

Shipboard

Global Edge Cables Market Trends, Strategies, Opportunities

(MENAFN-EIN Presswire) Automotive Cable Market Report 2022: Market Size, Trends and Forecast to 2026 Global Automotive Cables Market Report by Business Research Company 2022: Market Size, Trends and Forecast to 2026 LONDON, GREATER LONDON, UNITED KINGDOM, June 10, 2022 /EINPresswire.com/ — According to the “Shipboard Cables Global Market Report 2022 – Market Size, Trends, And […]

Marine

8 marine sightings from 2022 that remind us how amazing our oceans are | oceans

The oceans make up the vast majority of our planet’s surface and are home to up to a million different species. world oceans day is an opportunity to celebrate this amazing biodiversity and recognize the essential role that these vast expanses of water play in our lives. More than half of the world’s oxygen is […]

maritime transport

You live in a property equity piggy bank. Should you tap into it?

Editorial independence We want to help you make more informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and allow us to earn a referral commission. For more information, see How we make money. If you bought your home before you heard the term “COVID-19”, you […]

Coastguard

Stunning Looe video shows daring Coastguard helicopter rescue involving moving boat

A Coastguard helicopter was filmed carrying out a daring rescue which involved lowering someone onto a moving boat earlier in the evening (Tuesday June 7). An RNLI lifeboat was launched from Looe at around 5.10pm, along with a Coastguard helicopter, as part of the rescue operation. Details of the incident are not yet clear, but […]

Marine

Berge Bulk and Kongsberg Maritime join forces to advance marine decarbonization

Berge Bulk and Kongsberg Maritime have established a joint development initiative to advance marine decarbonization technologies. The goal is to identify and test emerging decarbonization technologies and advance the integration of emerging and existing technologies into deployable marine solutions. SINGAPORE, June 7, 2022 /PRNewswire/ — Singapore-based dry bulk owner Berge Bulk and marine technology leader […]

maritime transport

Anthony Noto, CEO of SoFi Technologies, Inc. (NASDAQ:SOFI), buys 21,750 shares

SoFi Technologies, Inc. (NASDAQ: SOFI – Get a rating) CEO Antoine Noto bought 21,750 shares of the company in a transaction on Monday, June 6. The shares were purchased at an average cost of $6.90 per share, with a total value of $150,075.00. Following the completion of the purchase, the CEO now directly owns 3,369,014 […]

Coastguard

The Yell Coastguard were tasked in the early morning to report a missing person

THE COAST GUARD was tasked at 1am this morning (Monday) following reports of a missing person in Cullivoe in Yell. The Mid Yell Coastguard Rescue Team were dispatched to the Garth Wind Farm and located the unharmed man a short time later. The Coastguard said on social media that after checking he was uninjured, the […]

Seaborne

Remembering the greatest seaborne invasion in history

A landing craft approaching Omaha Beach, 6 June 1944 (USN) Posted on June 6, 2022 at 12:15 a.m. by The Maritime Executive June 6, 2022 marks the 78th anniversary of the launch of Operation Overlord, better known as D-Day. The beach landings in Normandy, France, […]

Marine

Seychelles: Deep sea research – Seychellois marine biologist wins National Geographic Society grant

Sheena Talma has become the first Seychellois scientist to win a National Geographic Society grant to conduct research in Seychelles waters. In her research, Talma seeks to fill and bridge data gaps relating to the Seychelles and Indian Ocean deep waters and their habitats. She told SNA by telephone that when she learned that her […]

Seaborne

Global maritime coal trade fell by 4% in the first four months of 2022

Oith the return of coal as a major energy source, it is worth examining the situation of the major coal exporters and the maritime coal market in general. In its latest weekly report, shipping broker Banchero Costa said that “after a disastrous 2020, with the world hit by lockdowns and recession just about everywhere, global […]

maritime transport

Is a recession coming? 8 money moves to make now

This story is part So Money (subscribe here)an online community dedicated to financial empowerment and advice, led by CNET Editor at Large and So Money podcast host Farnoosh Torabi. What is happening Many economists and financial experts in the United States predict a recession, usually marked by two consecutive quarters of significant slowdown in economic […]

Seaborne

Central US could face power outages during peak summer demand

Expectations of higher electricity demand this summer and possible supply cuts have raised concerns that the Midcontinent Independent System Operator (MISO) balancing authority will face tight reserve margins for the peak of summer demand, the EIA said on Friday. Balancing authorities must ensure that wholesale electricity markets have sufficient electricity generation capacity to meet consumer […]

Marine

Colombian Relations Thrive During Exercise TRADEWINDS 22 > United States Marine Corps Flagship > News Display

MIAMI– Marines and sailors from the U.S. Marine Corps Forces, South, and U.S. Marine Forces Reserve participated alongside military and interagency partners from 22 nations in Belize and Mexico during a major multinational exercise from 7 to 21 May. Exercise TRADEWINDS is a multinational exercise sponsored by US Southern Command and hosted by various nations […]

Coastguard

Australia donates new coastguard vessel to Samoa

Australia to provide Samoa with new coastguard patrol boat, foreign secretary says Penny Wang announced during a visit to the Pacific island nation on Thursday as she sought to restore ties and counter China’s growing influence. Following a meeting with the Samoan Prime Minister Fiame Naomi Mata’afaWong said Australia would provide a Guardian-class ship next […]

Marine

Kenoil Marine completes its first bunker deal via Singapore Trade Data Exchange

Digital bunkering services can bring greater efficiency and transparency to the industry. Image File/Pixabay marine fuel supplier Kenoil Marine Services entered into the first bunker contract using the Singapore Trade Data Exchange (SGTraDex). local bank DBS worked with Kenoil to complete the transaction using digital data interchange, the lender said in a statement on its […]

Seaborne

EU bans Russian oil transported by sea to intensify changes in trade flows

The EU has agreed to ban imports of Russian oil by sea, accounting for more than two-thirds of Russian crude deliveries to the bloc, in a move that is expected to further reshape global energy flows and add to price pressures as buyers are looking for alternative supplies. Brent futures for August rose 1.6%, or […]

Coastguard

Loyal Unst Coast Guard Receives Long Service Medal

A MEMBER of the Baltasound Coastguard team received a 20 year service and good conduct medal. Derek Jamieson received the medal at an award ceremony on Sunday. Coastal Operations Area Commander Dave Sweeney said: “Derek’s commitment to HM Coastguard and the Unst community is second to none. “His leadership of the Unst Coastguard team has […]

Seaborne

The Commodities Feed: EU bans Russian oil imports by sea

EnergyEU members eventually agreed to a ban on Russian oil. However, the deal has been significantly watered down from the original proposal. Instead of targeting all imports of Russian crude oil, the EU will ban imports of Russian maritime crude oil for the next 6 months. This would make it possible to ensure the supply […]

Seaborne

China’s sabbatical in maritime coal market hints at focus on self-reliance

Even though China’s reliance on coal-fired power isn’t expected to decrease anytime soon, indications from data and policymakers suggest that the world’s largest coal producer and consumer may be actively seeking to meet the majority of its needs thanks to national production. China has shown its determination to increase its national coal production this year […]

maritime transport

Personal and Corporate Debt Consolidation Market is Booming Worldwide | Goldman Sachs, OneMain Financial, discover personal loans

A new research report published by JCMR under the title Global Consumer and Corporate Debt Consolidation Market (COVID 19 Version) can become the most important market in the world, which has played an important role in the gradual impact on the global economy. The Global consumer and corporate debt consolidation market The report presents a […]

Coastguard

Houlder is collaborating on an autonomous vessel project with the Maritime and Coastguard Agency

As the first major autonomous vessel review work commissioned by the Maritime and Coastguard Agency (MCA), the project marks a watershed moment for smart shipping, according to Houlder’s statement. The review work was a collaboration with Robosys, an advanced robotics technology company specializing in the design and operation of autonomous systems for the maritime industry, […]

Coastguard

Maritime Agency and Coast Guard Chart Scanning Course

Image source: istock.com/Duncan Cuthbertson Digitization is at the heart of the Maritime and Coastguard Agency’s business plan, the division of the Department for Transport (DfT) says in its business plan 2022-2023, published on May 24, 2022. HM Coastguard, which turns 200 in 2022 and is part of the Maritime & Coastguard Agency, will, for the […]

maritime transport

Student loan forgiveness extended, but not for these borrowers – Will they also be excluded from blanket forgiveness?

WASHINGTON, DC – MAY 25: US President Joe Biden talks to guests in the East Room of the White … [+] House on May 25, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images Over the past seven months, the Biden administration has announced a series of initiatives to expand student loan relief […]

Shipboard

Raytheon will build equipment for air and missile defense radar (AMDR) aboard US Navy destroyers

WASHINGTON- On-board radar experts at Raytheon Technologies Corp. will build hardware for the new AN/SPY-6(V) Air and Missile Defense Radar (AMDR), which will be integrated into the latest Arleigh Burke-class Aegis destroyers (DDG 51), under an order for 422 $.7 million from the US Navy announced Monday. Naval Sea Systems Command officials in Washington are […]

Seaborne

Marine propeller market worth $5.68 billion by 2029

Fortune Business Insights The companies covered in the marine propeller market are AB Volvo (Sweden), Brunswick Corporation (USA), Kongsberg Gruppen (Norway), Mecklenburger Metallguss GmbH (Germany), Bruntons Propellers Ltd. (UK), Hyundai Heavy Industries Co., Ltd. Korea), Kawasaki Heavy Industries, Ltd. (Japan), MAN SE (Germany), NAKASHIMA PROPELLER Co., Ltd. (Japan), Rolls-Royce plc (UK), SCHOTTEL Group (Germany), Michigan […]

Marine

Provaris Energy Partners with Northern Marine to Advance Development of GH2 Carrier

Northern Marine will provide specialized technical and operational services to help Provaris develop its first compressed hydrogen vessel. A technical partnership with Stena AB’s subsidiary, Northern Marine Management, has been executed to advance the development of Provaris Energy’s (ASX:PV1) first compressed hydrogen (GH2) ship carrier – the H2Neo. According to Provaris, Northern Marine, based in […]

Seaborne

China launches world’s first AI-powered marine drone carrier

China last week launched the world’s first maritime drone carrier capable of operating on its own. The 290ft vessel will transport, launch, recover and coordinate the actions of more than 50 other autonomous air, surface and underground vehicles. Named Zhu Hai Yun, construction of the ship in Guangzhou by Huangpu Wenchong Shipyard, a subsidiary of […]

maritime transport

10 apps that can help you pay off your debts

Almost everyone has debt. According to CNBC, an average American has $90,460 in debt, including personal loans, student debt, and credit cards. There are various reasons why some people cannot repay their debts. First, some people maliciously avoid paying their debts. However, most people take out loans without thinking about the debt repayment steps. Although […]

maritime transport

Access new avenues to manage your wealth with insurance-backed lines of credit (IBLOC)

Date: Wednesday, June 22, 2022 Weather: 1 p.m. ET | 10 a.m. PT Cost: Free Webcast sponsored by: Many clients wonder how they can access cash to help with real estate investments, debt consolidation, college tuition, and more, and may be looking for new or more stable options. An insurance-backed line of credit (IBLOC) may […]

Seaborne

DARPA launches maritime heavy-lift aircraft project

The Defense Advanced Research Project Agency (DARPA) has spear a long-range heavy-lift marine aircraft project. The Liberty Lifter project aims to integrate the heavy and high-speed airlift capabilities of today’s transport aircraft without the need to take off and land on a runway. Offers operational flexibility With no required runway and port facilities, the aircraft […]

maritime transport

City of Memphis helps employees with financial wellness programs – InsuranceNewsNet

Credit card, auto, housing, medical, and student loan debt create high levels of financial stress for many Americans, negatively affecting their ability to participate in benefits programs and adequately prepare for retirement. The City of Memphis is taking steps to help employees manage debt and achieve financial security through financial wellness programs. At the Spring […]

Marine

Yanmar Adds Selective Catalytic Reduction System Connectivity for Marine Engines

Yanmar Power Technology Co., Ltd. (YPT), a Yanmar Holdings Co., Ltd. group company, will begin offering its exclusive Selective Catalytic Reduction (SCR)*1 exhaust gas purification system with connected functionality and a dedicated management app in May. Ships at sea generally do not have a well-developed IT environment, and reducing the time spent on onboard management […]