St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
In the early hours of Friday, June 20, Great Lakes Towing tugs conducted an efficient refloating operation of the foreign-flagged freighter SUNNANVIK, which had become lodged in the narrow mouth of the Cuyahoga River near the East Bank of the Flats.At approximately 12:43 a.m., the 9,000-ton SUNNANVIK became wedged in the canal, temporarily disrupting traffic.
Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the appointment of veteran energy finance executive Trey Stolz as Chief Financial Officer. Stolz brings more than 20 years of experience as an investment banker and equity research analyst focused on the oilfield services industry.
U.S. President Donald Trump warned on Monday that any Iranian "fast-attack" ships that go near a U.S. maritime blockade on Iran would be eliminated.Trump made the threat shortly after the U.S. blockade on vessels entering and departing Iran had been due to come into effect at 1400 GMT on Monday.Describing Iran's navy as "completely obliterated" during the six-week-long war between the U.S.
In 2010, the Monterey Bay Aquarium Research Institute (MBARI) began the process of replacing its research vessel, R/V Western Flyer. With Glosten at their side as vessel designer, MBARI considered three types of ships for their new project. The Western Flyer was a small waterplane area twin hull (SWATH), but the parties agreed on a monohull design for the new vessel.
France-based STAPEM Group has chosen Sonardyne’s Ranger 2 Ultra-Short BaseLine (USBL) technology as the permanent solution for one of its flagship offshore support vessels, the STAPEM Boreale.Operating in one of STAPEM Group’s key regions, Angola, the vessel is now equipped with a Ranger 2 GyroUSBL 7000 system, an all-in-one, high-performance USBL system for precise positioning performance
The US Coast Guard has announced it will invest nearly $350 million to expand robotics and autonomous systems.The funding, provided under the One Big Beautiful Bill Act (OBBBA), includes $11 million in fiscal year 2025 for immediate upgrades to critical autonomous systems.Initial investments include:$4.
Guice Offshore, U.S.-based operator of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy deck equipment.GO Asset Leasing offers flexible lease terms on a variety of field-tested, well-maintained inventory of A-frames, hydraulic winches, deck cranes
Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the return of GO Searcher to its fleet, bringing the total number of Guice Offshore-owned vessels to 19.The GO Searcher, which has played a role in pioneering aerospace operations since 2014, is a 170-ft. multi-purpose DP1 vessel featuring a helipad.
Columbia Group has launched a mobile and web-based app designed to teach the International Regulations for Preventing Collisions at Sea (COLREGs).The COLREGs Challenge is an educational tool which uses gameplay to turn regulatory learning into an immersive, interactive experience.Targeted at cadets, junior officers, and developed in collaboration with 4Growth.