The Georgia Ports Authority is positioning the Port of Brunswick to be the leading ro/ro gateway on the U.S. East Coast, investing millions in expansion and harbor upgrades.
Texas ports like Freeport have embarked on major expansion projects to handle larger ships.
Naval architect says the release of 1,500 tons of ballast left the ro-ro vessel without the needed energy to make a turn leaving the Port of Brunswick.
Wrecked car carrier, with some 4,200 vehicles on board, has been on its side in St. Simons Sound since September.
More than 24 hours after the car carrier Golden Ray capsized, Coast Guard rescuers have made contact with 4 trapped crewmembers.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
