The new study by the Department of Transportation Great Lakes - Saint Lawrence Seaway says that shipping supports more than 237,000 jobs and billions in economic activity.A year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system is a definitive and detailed report documenting the many contributions made by the Great Lakes Seaway system to federal
A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company, announced Thursday it has entered a purchase and sale agreement through its subsidiary Holland America Princess Alaska Tours
Orders pour in for marine lifting machinery; State-of-the-art equipment installed on vessels and in ports In the first of a series of marine industry sector reviews, MR&EN correspondent Tom Mulligan reports on the latest innovations in heavy lifting machinery technology with a selective overview of new product launches and recent equipment installations on board ships, ferries and workboats
TOTE Inc. president and CEO Anthony Chiarello will retire this summer after eight years at the helm and nearly four decades in the maritime industry. “As I look ahead to my 63rd birthday later this year, it is time for me to spend more time with my family and loved ones,” Chiarello said.
Calgary-based natural gas, electrical and real estate giant ATCO is getting into the transportation business after buying a 40-per-cent stake in a South American port operator Neltume Ports for about CAD$450 million (USD$340 million).Neltume Ports, a subsidiary of Ultramar, operates in 16 port facilities and three stevedoring businesses primarily located in Chile and Uruguay.
The first ‘saltie’ of the 2018 commercial navigation season is on its way to the Port of Duluth-Superior. The 656-foot bulk carrier Federal Weser is scheduled to pass beneath Duluth’s Aerial Lift Bridge by 10 p.m. tonight and is expected to start loading Monday morning at the CHS terminal on the Superior side of the harbor.
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings two market leaders of the Australian port logistics sector closer together.
The Port of Indiana-Burns Harbor completed a landmark year in 2017 and is poised for significant future growth as a result of several historic developments. In addition to handling an 8 percent increase in cargo shipments in 2017, the port doubled the size of its bulk terminal, attracted a nationally-renowned stevedore in Metro Ports, handled its most valuable cargo ever
Fred Olsen Cruise Lines has appointed GAC UK as its agent in Newcastle and Liverpool. Under the deal, GAC will manage 18 calls during 2018 for the 804-guest cruise ship Black Watch at its home port of Liverpool, and a further 16 for the 1,350-guest Balmoral, at its home port of Newcastle.
Logistec Corporation announced the expansion of its network of terminals through the strategic acquisition of Gulf Stream Marine. This transaction will allow Logistec to establish a stronghold in the U.S. Gulf, strengthen its position in a high-growth market in the United States, provide access to an experienced talent pool, facilitate knowledge transfer between the two organizations
The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U.S. economy, on-terminal expansion, and investment by private logistics firms throughout the region have resulted in phenomenal growth for Georgia
International cargo vessels are expected to arrive at the Bellingham Shipping Terminal on a regular basis as the result of a new service contract between the Port of Bellingham and Ports America.Ports America entered negotiations with the port after several of its shipping customers requested use of the Bellingham Shipping Terminal.