A 72-year-old Great Lakes freighter has anchored safely in Thunder Bay, Ontario following a flooding incident in Lake Superior.At around 7 a.m. on Saturday morning, the Canadian-registered Michipicoten reportedly struck an underwater object and began taking on water in U.S. waters about 35 miles south of Isle Royale, the U.S. Coast Guard said.
U.S. regulators are investigating potential unfair trade practices within pending Canadian regulations governing ballast water management systems of ships in the U.S.-Canada Great Lakes trade.The Federal Maritime Commission (FMC) on Tuesday said it launched the probe to determine if the pending regulations have a disparate effect on U.S.
The CEO of German container shipper Hapag-Lloyd said on Monday he expects that the Red Sea crisis can be overcome before the end of the year.Ship operators face prolonged disruption as Yemen-based Houthi militants attack vessels travelling on one of the world's busiest routes, causing costly redirections around Africa.
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday, with half of its growth coming from higher ticket pricing.Soaring demand for vacations at sea has given cruise operators ample room to raise ticket prices as the industry looks to close the pricing gap with land-based vacations and give their profits a
Norwegian Cruise Line (NCL) has ordered eight new ships, the most comprehensive newbuild order in its history.The order represents nearly 25,000 additional berths, with new classes of ships for each of its three brands and the construction of a multi-ship pier at Great Stirrup Cay, the company’s private island destination in the Bahamas.
A portion of the St. Marys River has been closed to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m., the 730-foot bulk carrier American Mariner suffered a marine casualty and struck the Munuscong Junction Light with its bow, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St.
Royal Caribbean Group announced it has entered into an agreement with French shipbuilder Chantiers de l’Atlantique to order a seventh Oasis Class ship for delivery to its Royal Caribbean International fleet in 2028.“While we eagerly anticipate the debut of Royal Caribbean’s Utopia of the Seas this summer
Kobe-Osaka International Port Corporation has launched a project to demonstrate rubber-tired gantry (RTG) crane, which uses a hydrogen-powered engine to demonstrate decarbonization of advanced cargo handling machinery.The project is said to be the first in the world to convert RTG crane's diesel engine generator to a hydrogen engine at Hanshin Port’s Kobe International Container Terminal (KICT)
Arsenio Antonio Dominguez Velasco has been confirmed as the next Secretary-General of the IMO. The IMO Assembly unanimously approved the decision of the Council at its 129th session on November 30.Dominguez Velasco will take up the office of Secretary-General on January 1, 2024, for an initial term of four years. He becomes the Organization's 10th elected Secretary-General.
Shipping group A.P. Moller-Maersk reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs, and weaker prices.Maersk, which controls about one-sixth of global container trade, transporting goods for a host of major retailers and consumer goods companies such as Walmart and Nike
The union representing St. Lawrence Seaway workers in eastern Canada said it reached a tentative labor agreement on Sunday, ending a week-long strike that shut down a key North American trade route linked to the Atlantic Ocean.The Unifor union, representing some 360 workers, said it agreed to a deal with the St.
Mike Complita is going on 30 years in the maritime industry. Complita started work at Elliott Bay Design Group (EBDG) as an intern while attending the University of Washington in his hometown, Seattle. “And since that time, I've served in pretty much every role, from a technical and project management standpoint, all the way up to principal of our organization,” he said.