Government control of marine traffic will most likely result in the formation of another state-owned entity.
The SHIPS for America Act was introduced in December by bipartisan lawmakers.
Authorities are assessing whether to remove some containers before refloating the box ship.
The excavator is designed to grab material weighing up to 2 000kg and has a radius of at least 20 metres.
The Council has prolonged the mandate of Operation Aspides to 2025.
Freight News columnist Clifford Evans said he saw a loaded container vessel rolling in heavy swells in the Bay.
Red Sea uncertainty has led to negotiations to secure higher freight rates, Xeneta’s research shows.
Damage to the ship and its cargo is being assessed by a salvage company.
Finalising the Bill into an Act is said to be a priority of the next administration.
In response to the ATSB report, CMA CGM has committed to revising its fleetwide steering procedures.
Project will create career opportunities for aspiring seafarers from developing nations.
The ship showcases advanced environmental features, including methanol and ammonia-ready fuel capability.
The landmark achievement underscores the port operator’s commitment to supporting Egypt’s growing automotive industry.
