Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said.Spot rates, which cover anywhere from 10% to 40% of ocean container shipments and are considered a key indicator of the industry's health
Multiple agencies are responding to prevent any potential environmental damages after a tug partially sank at its moorings on the Kinnickinnic River in Port Milwaukee.The Coast Guard said its watchstanders at Sector Lake Michigan were notified by the National Response Center at 11:27 a.m.
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industry’s engineering prowess and technological ingenuity, with the focus on improving efficiency in operations.
The U.S. Army Corps of Engineers, Detroit District works on unlocking the Great Lakes by providing a much-needed resiliency at the Soo Locks with the construction of the New Lock at the Soo. The New Lock at the Soo will be the same dimensions as the Poe Lock, 1,200 feet long, 110 feet wide and 30 feet deep.
The U.S. Army Corps of Engineers' Detroit District said it anticipates Phase 3 construction will start this summer following a $1.068 billion contract for the New Lock at the Soo Phase 3 awarded July 1, 2022.This contract allows the contractor Kokosing Alberici Traylor, LLC (KAT), a joint venture headquartered in Westerville, Ohio to begin constructing the largest phase
A lack of U.S. Coast Guard icebreaking capacity is hindering shipping on the Great Lakes, a U.S. maritime industry coalition said on Thursday.During this year’s ice season, the U.S.-flag Great Lakes shipping industry lost the equivalent of a month due to delays in ice covered waters, according to the Great Lakes Maritime Task Force, which represents U.S.
Austal USA Vice President of Engineering, Tom Perrine, has retired after eight years of service with the company and over 40 years in the shipbuilding industry. During his tenure, Perrine led Austal USA’s engineering department overseeing the work of over 250 engineers, naval architects, designers
U.S. Army Corps of Engineers, Detroit District New Lock at the Soo Project in Sault Ste. Marie, Michigan is reauthorized in the Water Resources Development Act (WRDA) 2022 on Dec 23, 2022. The project reauthorization amount is $3.219 billion.An authorization sets how much money agencies and programs can receive, and how they should spend the money.
A commercial bulk carrier has run soft aground on a sand bar in Lake Michiganite, at the entrance to Muskegon, Mich. the U.S. Coast Guard said.U.S. Coast Guard Sector Lake Michigan and Marine Safety Detachment Grand Haven are responding to the 750-foot motor vessel Kaye E. Barker, which ran aground late in the evening on April 28 while transiting inbound toward Muskegon with a load of stone
Sarter Marine Towing Company Inc. announced it has agreed upon definitive terms for the sale of Sarter to The Great Lakes Towing Company.Under the deal, The Great Lakes Towing Company purchased Sarter tugboats Donald J. Sarter and William C. Selvik, as well as all supporting machinery and equipment and most other shoreside assets.
The St. Lawrence Seaway kicked off its 2022 navigation season on Tuesday, with international freighters able to arrive at the Montreal – Lake Ontario section of the binational St. Lawrence Seaway.“We’re thrilled to start the 2022 navigation season,” said Craig Middlebrook, Deputy Administrator of the Great Lakes St. Lawrence Seaway Development Corporation. “This year we’re confident that the St.
New legislation introduced in Congress aims to create a federal entity dedicated exclusively to advancing solutions to the challenges faced by the eight states of Great Lakes region.Ohio, Illinois, Indiana, Michigan, Minnesota, New York, Pennsylvania and Wisconsin together, contain a large core of the United States’ commercial and defense industrial base