Jawaharlal Nehru Port Authority (JNPA) and Bharat Mumbai Container Terminals PVT. Ltd. (BMCTPL) have resolved a dispute over the concession agreement for JN Port’s container terminal. The concession period is extended by 1,173 days, now ending on March 8, 2048. BMCTPL’s claims for damages were dismissed, focusing instead on a concession extension.
The Coast Guard has resolved the oil spill mystery at the Port of San Juan, identifying a corroded steel pipe as the source. Cleanup efforts included plugging the leak and deploying containment booms. Lab results linked the oil to previous spills, prompting ongoing monitoring and an interagency strategy to prevent future incidents.
The multimillion-dollar yacht Obsession survived Storm Ernesto after running aground on a reef off Culebra, Puerto Rico. Despite sustaining flooding and a potential environmental hazard due to diesel on board, the Coast Guard and Salvor Resolve Marine worked to defuel and remove the yacht. The salvage project aims to prevent further pollution and protect the marine ecosystem.
Boluda Towage expands its services by acquiring Resolve Salvage and Fire’s towing operations in Gibraltar. This acquisition strengthens its presence in the critical Strait of Gibraltar, a key area for maritime transport due to its high ship traffic. Boluda Towage continues its international expansion and now operates in 50 countries with over 600 tugboats.
