This month, listen in as Sean Fernstrum weighs in on how his firm arrived at its enviable market position, what comes next, and why.Sean Fernstrum is a third-generation owner of R.W Fernstrum & Company. He graduated from Michigan Technological University in 1990 with a Bachelor of Science degree in Scientific and Technical Communications.
Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.Harland and Wolff's multipurpose fabrication facility
Huntington Ingalls Industries' Newport News Shipbuilding division lifted the upper bow section onto one of the new aircraft carrier being built for the U.S. Navy, signalling the completion of the ship's flight deck.The addition of the upper bow section is one of the last steel structural units, known as a superlift, to be placed on the newbuiild, John F. Kennedy (CVN 79).
Coast Guard responds to deadly New York harbor pilot accident.On December 30, 2019 at approximately 0430, Sandy Hook Pilot Captain Dennis R. Sherwood was involved in an incident while boarding a container vessel inbound to the Port of New York & New Jersey. He sustained injuries after falling from an accommodation ladder and was evacuated to a local hospital where his injuries proved to be fatal.
Post the departure from Grand Bahama Island of hurricane “Dorian” the most devastating storm to ever hit the Bahamas, Grand Bahama Shipyard confirms it will be ready to resume business on Wednesday September 11th, 2019.“There is no significant damage to the shipyard,” said Graham Couser, Vice President at the yard, “However
U.S. Transportation Secretary Announces New Members of U.S. Merchant Marine Academy Advisory Board.U.S. Transportation Secretary Elaine L. Chao today announced the appointment of seven new members to the United States Merchant Marine Academy (USMMA) Advisory Board. The USMMA Advisory Board serves as an independent body whose primary purpose is to examine the course of instruction and management
The Panama Canal will allow vessels coming from Venezuela to transit the waterway provided they present the necessary paperwork, the canal authority's chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American country may not make any difference to canal traffic.
Liberty Global Logistics LLC (LGL) announced today that Robert G. (Bob) Wellner, its current President, will retire effective December 31, 2019. Mr. Wellner is a widely respected industry veteran with more than 46 years of experience in the U.S.-flag shipping and logistics industry and was a key player in the formation and growth of LGL.Mr. Wellner joined forces with Philip J.
The United States is planning to build additional military infrastructure in Australia once Congress gives approval to the U.S. Navy for $211.5 million, Australian Foreign Minister Marise Payne said on Tuesday.The plans for a bigger U.S. footprint in Australia come at a time when the Western allies have become increasingly concerned by China's efforts to expand its influence in the Pacific.
UK based shipbuilding and engineering company Cammell Laird announced a series of changes to its senior management team.The restructure sees company founder and CEO John Syvret CBE extend his role to executive chairman; Tony Graham becomes chief operating officer; and Paul Owen joins the company from the defense industry to become managing director.
Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste. Marie, Michigan
Ken Bloch Sørensen has stepped down as president and CEO of Canadian shipowner Algoma Central Corporation after leading the company for four years. Gregg A. Ruhl, the current Chief Operating Officer, has been named President and Chief Executive Officer and will assume that role immediately.Soerensen is said to want to spend more time with his family in Europe.