Along the 1,600-mile, ice gray arch of the St Lawrence Seaway, the 2020 Great Lakes commercial shipping season will lurch back to life on March 25 when the Soo Locks at Sault Ste. Marie, Mich. reopen.The ceremonial opening signals a passage with passable ice and the 114th Great Lakes season for its fleet of 45 venerable lakers.
A U.S. Federal Maritime Commissioner said he sees some normalcy returning to trans-Pacific shipping amid widespread upheaval brought on by the coronavirus outbreak.Many Chinese manufacturing and logistics services have been severely hampered by the COVID-19 pandemic, in some cases forcing ocean carriers to cancel services to and from China and the U.S.
The world’s first adaptive ferry transit conducted during normal service took place last week on a vessel fully loaded with passengers and vehicles, demonstrated fully automatic control from dock to dock, Kongsberg Maritime announced. The landmark crossing, a key step forward in the integration of autonomous technology into everyday shipping operations
Houston-based Kirby Corporation said it has signed a definitive agreement to acquire Savage Inland Marine's towboat and tank barge fleet for approximately $278 million in cash and the assumption of leases.Kirby will acquire Savage's inland fleet consisting of 46 towboats and 90 tank barges with approximately 2.
Hong Kong has suspended cross-border ferry service to and from mainland China as it seeks to prevent the spread of the novel coronavirus.All cross-boundary ferry services to and from the China Ferry Terminal and the Tuen Mun Ferry Terminal have been suspended, Hong Kong's government announced on Wednesday,The government said other modes of transport, including rail and airline service
U.S.-flag lakers idled for the winter season will undergo more than $97 million in maintenance and modernization work at multiple Great Lakes shipyards before returning to service in March. The $97 million figure is an increase from $70 million in 2019, according to the Lake Carriers' Association (LCA).
The majority of NY Waterway ferries taken out of service for safety violations last month have returned to regular operations, the U.S. Coast Guard said.On November 24, the Coast Guard revealed that Sector New York marine inspectors determined that 23 of NY Waterway's 32 ferries had damage or discrepancies significant enough to warrant a suspension of service.
The Greek seaborne shipping and logistics company Navios Maritime Holdings sold its ship management division and certain general partnership interests to N Shipmanagement Acquisition Corp. (NSAC), affiliated with company’s chairman and chief executive officer, Angeliki Frangou.The provider of transport and transshipment of drybulk commodities received aggregate consideration of $20.
Crowley Fuels has signed construction contracts to build a 55,000-barrel, articulated tug-barge (ATB) that is specifically designed to serve the Western Alaska market with delivery of clean fuel products.The 410-foot ATB will have enhanced performance features for the demanding river and sea conditions of Western Alaska
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that will benefit Connecticut, Florida, Michigan, New York, Oregon, Texas, Virginia, Washington State and American Samoa. Marine highways are navigable waterways that can be used as alternate options to traditional shipping methods.
Newbuild MarketUnsurprisingly, across the offshore sectors, newbuild orders have been scarce to none. Oversupply is still a major problem for the industry and due to slippage, ordering vessels now would be counterproductive. Why order brand new vessels from a yard and wait several years for these to be delivered
French container transportation and shipping company CMA CGM has announced the launch of a Reefer Pharma division that will focus on the temperature-controlled transportation of pharmaceutical products."For more than 40 years, preserving the integrity of shipped goods has been a top priority for the CMA CGM Group