The U.S. Coast Guard is set to receive nearly $25 billion in supplemental funding for fiscal year 2025, the highest ever. However, a GAO report reveals critical workforce shortages and equipment issues that threaten operational capacity. With significant staffing gaps and declining equipment readiness, effective implementation of funding remains crucial for national security.
With the EU ETS deadline passed and FuelEU Maritime enforcement approaching, pooling has become crucial in maritime compliance. Operators must balance efficiency with regulatory intent, as a focus on pricing risks undermining goals. Effective pooling requires strong governance and oversight to avoid costly penalties and ensure accountability among participants.
A National Transportation Safety Board investigation found that a deteriorated dock in Chalmette, Louisiana collapsed into the water after a barge contact. Despite no injuries or pollution, the dock suffered extensive damage. The incident emphasized the importance of regular inspections and maintenance to ensure the safety of both the environment and vessels.
