U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates
The Michigan Department of Transportation (MDOT) has revealed the winners of the 2024 Michigan Maritime and Port Facility Assistance Grant Program, which will allocate $5 million to maritime projects throughout the state.The five chosen projects aim to enhance Michigan's maritime infrastructure, bolstering the state's economic edge, lowering freight transportation costs
U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan. This would create the only all-water container route for ocean vessels to serve the greater Chicago metropolitan area via the Great Lakes.
Annapolis, Md. based boatbuilder Ocean Craft Marine (OCM) reports it has delivered a new firefighting/search and rescue (SAR) boat for first responders in Michigan.Built for water-related incident management and rescue operations on Lake Erie, the 9.5-meter newbuild is aimed at reestablishing the emergency response capabilities of the Monroe Township Fire Department and the neighboring agencies.