U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U.S. presidential election.
Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season.Container imports and freight rates surged in July
There’s more to domestic dredging than meets the eye. Dredging Contractors of America CEO Bill Doyle is just the guy tell you why.William P. Doyle serves as the Chief Executive Officer of the Dredging Contractors of America (DCA). DCA represents the dredging industry on key issues before Congress and is an active partner to the U.S.
R.W. Fernstrum & Company, founded by Robert W. Fernstrum 75 years ago, is a quintessential U.S. manufacturing story. The company was born in the aftermath of WWII, founded on an invention developed during the war by Robert Fernstrum to help solve an engine overheating problem that was plaguing U.S. Navy landing craft.
To start, will you please share your personal journey in the shipbuilding industry and what led you to your current role?Gladding-Hearn Shipbuilding Inc. was started by Preston Gladding and Richard Hearn in mid-1955. My father, George Duclos, joined them as a minority partner in late 1955, and for $900 owned 20% of the company.
U.S.-based family-owned private equity firm the Hoffmann Family of Companies (HF Companies) announced it has acquired Mackinac Island Ferry Company in Michigan.Jenny Gezella, President of Hoffmann Marine, said, “We are thrilled to acquire the Mackinac Island Ferry Company, further expanding our presence in the Mackinac community and marine industry.
The U.S House of Representatives on Wednesday passed an amendment to the Homeland Security Appropriations Bill that would move funds from the Office of the Secretary of Homeland Security to the U.S. Coast Guard for the procurement of an already authorized Great Lakes icebreaker (GLIB).The GLIB is needed to maintain winter deliveries of raw materials to the U.S.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed new, including University of Michigan, Maritime Research Alliance, Norwegian University of Science and Technology (NTNU) and World Maritime University, in a move to foster interdisciplinary collaboration between industry and academia.
Bristol Harbor Group, Inc. (BHGI) president, Gregory Beers, and vice president, Cory Wood, have been honored with the esteemed 2024 Rosenblatt-Michigan Award on October 13, 2024, at the SNAME Maritime Convention (SMC) in Norfolk, Va.The Rosenblatt-Michigan Award is an annual accolade presented by the University of Michigan College of Engineering and the Department of Naval Architecture and
Austal USA has officially launched the construction of the U.S. Navy’s final Expeditionary Fast Transport (EPF), the future USNS Lansing (EPF 16), with a keel laying ceremony at its Mobile, Ala. shipyard. Michigan Governor Gretchen Whitmer, who is serving as the ship’s sponsor, and Emija Coleman, a seasoned welder with nine years of experience at Austal USA, played key roles in the ceremony.
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
The United States' Secretary of the Navy Carlos Del Toro on Monday announced a federal, state and local partnership intended to help rebuild the maritime industrial base workforce required to support the Navy.The so-called Michigan Maritime Manufacturing Initiative (M3) will establish training pipelines and programs to meet the Navy’s need for thousands of new workers and jobs across the state