The Pasha Group has appointed Raymond Fitzgerald as President and Chief Operating Officer (COO), effective October 1, 2026. In conjunction with this appointment, company owner George Pasha, IV has transitioned from his previous role as President and Chief Executive Officer (CEO) to Chairman and CEO.
U.S. shipments of limestone on the Great Lakes increased to 3.1 million tons in July, an 8.7 percent increase compared to last year. The trade was also above the month’s 5-year average by 3.2 percent.Year-to-date, the Lakes limestone trade stands at 10.1 million tons, a decrease of 3 percent compared to 2025 and 4.2 percent below the month’s 5-year average.
U.S. shipments of limestone on the Great Lakes increased 4.5 percent from June 2025 to 3 million tons. This June’s U.S. loadings were also above the month’s 5-year average by 6.9 percent.Year-to-date, the Lakes U.S. limestone trade stands at nearly 7 million tons, a decrease of 7.5 percent compared to last year and 7.2 percent below the month’s 5-year average.U.S.
Limestone shipments from U.S. ports decreased 27.5 percent compared to April 2025 to 1.1 million net tons. Loadings were also below the month’s 5-year average by 35.4 percent. Year-to-date, the U.S. limestone trade stands at 1.2 million tons, a decrease of 26.6 percent from last year and 31.9 percent below the 5-year average.
Limestone shipments on the Great Lakes totaled 26.6 million tons in 2025, a decrease of 5.9 percent compared to the previous year. 2025’s loadings were below the trade’s 5-year average by 6.7 percent.Shipments from U.S. quarries decreased 5 percent from 2024 to 21.7 million tons. Loadings from U.S. quarries were also 5 percent below their 5-year average.
On December 12, the U.S. Coast Guard released their report on the collision between small passenger vessel PROWLER and yacht ATTESSA IV, flagged under the Cayman Islands. The collision occurred on October 26, 2018 in the San Diego Bay and resulted in the loss of one life. The report determines that the initiating event of the incident was a collision between the vessels.
Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the deal, NORDEN will take over the specialist parceling team based in Durban, South Africa, led by Brandon Paul, who will continue serving customers on parcel trades from South Africa.
SCHOTTEL will supply rudder propellers for a new series of seven electric double-ended ferries by Scotland’s state-owned Caledonian Maritime Assets Limited (CMAL). The vessels will be constructed by the Polish shipyard Remontowa Shipbuilding S.A, with the first delivery scheduled for 2027.
Freire Shipyard has celebrated the keel laying of the new flagship research vessel for the Danmarks Tekniske Universitet (DTU -Technical University of Denmark). Measuring 70 meters length and 16 meters beam, with accommodation for 38 people, the Dana V is set to become a world-class platform for research and education.Successor to the Dana IV, the Dana V was designed by the Knud E.
The Jasmund offshore substation project for German grid operator 50Hertz, being delivered by HIS consortium, has reached a key milestone with the load-out of both its topside and jacket, marking a major step toward offshore installation in the Baltic Sea.The topside, built at HSM Offshore Energy’s Stormpolder yard in the Netherlands, measures 48 meters by 33 meters, stands 17.
Shipments of limestone on the Great Lakes totaled 3.2 million tons in October, a decrease of 3.8 percent compared to 2024. Limestone cargos were also below the month’s 5-year average by 10.7 percent.Loadings from U.S. quarries totaled 2.6 million tons, a 6.1 percent reduction. Shipments from Canadian quarries increased 6.8 percent to 626,805 tons.Year-to-date, the limestone trade stands at 22.
ST Engineering’s Marine business and Siemens Energy have been awarded a second contract by Transcontinental Capital Corporation (Bermuda), a subsidiary of Seaboard Corporation, to deliver Estrella del Mar IV, a barge-mounted power plant to Santo Domingo in Dominican Republic.The new power plant will be based on its predecessor, the Estrella del Mar III, which was commissioned in 2022.