The Biden administration is partnering with 11 East Coast states to accelerate the development of offshore wind facilities, including addressing supply chain issues, advancing construction and boosting jobs, the White House said on Thursday.The move is part of President Joe Biden's push into cleaner energy technologies as part of its efforts to address climate change and comes as rising prices
New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S.
Carnival Corporation & plc, the world's largest cruise company, announced its current Chief Operations Officer Josh Weinstein will assume the role of President and CEO of Carnival Corporation & plc, effective August 1, succeeding Arnold Donald, who is being appointed Vice Chair and member of the Boards of Directors.
Long-serving marine, energy and industrial market consultancies International Maritime Associates and World Energy Reports have merged to form Intelatus Global Partners.While Intelatus is a new name, its team of business consultants has nearly five decades of experience across the entire maritime supply chain, producing multi-client analytical studies for sectors including offshore oil and gas
Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in the face of “inelastic” throughput capacity (which includes vessels and their landside interfaces to surface transportation
Campbell Transportation Company, Inc. (CTC), a fully integrated marine services company headquartered in Pennsylvania, announced Thursday that it has purchased the marine assets of Houston-based tank barge shipping company E Squared Marine Service, LLC.Campbell Transportation, which owns and/or manages a growing number of dry and liquid cargo barges and operates 50 towboats on the inland
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
This year, U.S.-flagged Great Lakes shipping companies will spend nearly $83 million for annual vessel maintenance and upgrades, according to trade group the Lake Carriers’ Association (LCA).The winter ship repair work programs are performed annually to help keep iron ore, stone and cement moving on the Great Lakes during the nine-month operating season from March through January
The U.S. trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking of shelves by businesses to meet robust domestic demand.The sharp widening in the trade gap reported by the Commerce Department on Tuesday mostly reflected a shift in spending towards goods from services during the COVID-19 pandemic.
Bollinger Shipyards delivered the USCGC Emlen Tunnell to the U.S. Coast Guard in Key West, Fla. It is the 168th vessel Bollinger has delivered to the USCG in 35 years and the 45th Fast Response Cutter (FRC) delivered under the current program.Named to honor Coast Guard hero and NFL great Emlen Tunnell, the cutter is the fourth of six FRCs to be home-ported in Manama, Bahrain
The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $8.4 million contract to Cleveland-based Great Lakes Towing on April 20 for lease of the tugboat Don Raul to serve on the Great Lakes.The boat will primarily be used on Lake Erie between Buffalo, N.Y. and Toledo, Ohio, but may serve all the way to Massena, N.Y., towing the Buffalo District’s repair fleet.
Fluor Corporation (NYSE: FLR) announced today that its Department of the Navy contract with Fluor Marine Propulsion, LLC, a wholly-owned subsidiary of Fluor, was extended through fiscal year 2022. The contract is part of a joint program, Naval Reactors, that is overseen by the Department of Energy’s National Nuclear Security Administration and the Department of the Navy.