Ferry operators stuggling financially due to the COVID-19 pandemic will need government backing to help offset billions of dollars of unsustainable losses, Interferry says.The trade association is asking governments globally to include the ferry industry in their respective COVID-19 financial aid packages so that ferry operators can continue providing essential services
The U.S. state of Alaska is so far distant from the worst medical ravages of the coronavirus pandemic, but its economy is in critical condition. Alaska is especially vulnerable because it depends on oil, tourism and fisheries – basic industries that are reeling from the global coronavirus pandemic – and the state government gets most of its revenue from investment earnings that have now
Interferry CEO Mike Corrigan describes a distinctly upbeat period in the worldwide ferry community – and explains how the global trade association plans to take its support to far-reaching new levels.There are times when the phrase “there are three kinds of lies: lies, damned lies and statistics” seems all too true
The beneficial use of dredge material sets a record in FY 2019. And, we’re just getting started. Funding will be the key.In mid-November 2018, concerns began to rise about an unseasonably high river stages on the Upper Mississippi River Basin generated by significant precipitation events.
The U.S. Navy’s newest nuclear-powered aircraft carrier was launched Monday at Huntington Ingalls Industries' (HII) Newport News Shipbuilding yard in Virginia.Following the launch, the Ford Class aircraft carrier John F. Kennedy (CVN 79), was guided with help from six tugboats down the James River about a mile from Newport News Shipbuilding’s Dry Dock 12, where it has been under construction
The U.S. Navy’s newest nuclear-powered aircraft carrier John F. Kennedy (CVN 79) was christened Saturday during a ceremony at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division.The second aircraft carrier in the Ford Class, John F. Kennedy (CVN 79) is also the second aircraft carrier built by Newport News Shipbuilding named for JFK.
The CMA CGM Group has launched its first new vessel in a series of nine liquefied natural gas (LNG) powered ultra large containerships at the Shanghai Jiangnan-Changxing Shipyard, the France-based shipping and logistics company announced on Wednesday.At 23,000-TEU capacity, the CMA CGM Jacques Saadé and its eight French-flagged sisterships will be the world’s largest containerships to run on LNG
Drilling wells more than three miles deep in the late 1960s was something that GHK Company and partner Lone Star Producing Company believed would product massive amounts of natural gas. The two companies that began this project discovered in 1974 that South of Burns Flat in Washita County their Bertha Rogers No. 1 rig would reach almost six miles deep, following a deep-sea fishing trip.
Florida's governor on Friday urged residents in the state to stock up on at least a week's worth of food, water and medicine and to prepare to lose power and cellphone service for days after Hurricane Dorian makes landfall early next week.The slow march and rising intensity of the storm, which is moving in a northwestern direction to the Bahamas
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members of the Inlandboatmen's Union of the Pacific (IBU) walked off the job on July 24
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).
The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue, whil incurring additional costs