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
Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and a major pipeline was damaged by mysterious blasts, Gazprom data and Reuters calculations showed.The European Union, traditionally Russia's largest consumer for oil and gas, has for years spoken about cutting its reliance on Russian energy
Nineteen personnel fell overboard, and two of them were hurt, during a transfer from a small boat to the U.S. Navy hospital ship USNS Comfort (T-AH 20) off the coast of Haiti on Monday, the Navy said.All were safely recovered and returned to Comfort with assistance from the U.S. Coast Guard Cutter Harold Miller (WPC 1138).
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.
U.S. shipyards are making improvements to building ships for the Navy and Coast Guard today and in the future. In some cases, it means phasing out one class of ship and getting ready for the next. Or, it can be a drastic make-over.The yards include mid-tier yards all the way up to very large facilities devoted exclusively to warships.
Ohio-based Miller Boat Line has taken delivery of its newest passenger and vehicle ferry Mary Ann Market from Fincantieri Bay Shipbuilding.The ferry left the Sturgeon Bay, Wis. shipyard on July 8 and arrived to her home port Put-in-Bay, on Ohio's South Bass Island, on July 10. The vessel is expected to enter service following its U.S. Coast Guard inspection later this month.
The U.S. Navy accepted delivery of the future guided missile destroyer USS Carl M. Levin (DDG 120) from General Dynamics Bath Iron Works, Jan. 26.Delivery represents the official transfer of the ship from the shipbuilder to the Navy. Prior to delivery, the ship conducted a series of at-sea and pier-side trials to demonstrate its materiel and operational readiness.
Seattle-based naval architecture firm Elliott Bay Design Group (EBDG) announced it is working with Miller Marine, a marine metal fabrication shop in Deltaville, Va., to design and construct a fully electric truckable tug.The versatile vessel is designed as a multi-functional utility boat servicing marine construction sites, tending dredges, tending buoys
A retired U.S. Navy destroyer USS The Sullivans has capsized after suffering a severe hull breech while moored on the Buffalo waterfront.On April 13, the 376-foot Fletcher-class destroyer-turned-museum experienced an electrical power-loss resulting in the failure of the onboard water discharge pumps.
Great Lakes ferry operator Miller Boat Line announced it has received grant funding from the Ohio Environmental Protection Agency (EPA) that will help it to reduce diesel emissions from its vessels.The $239,339 grant will cover approximately 40% of the replacement cost for seven (model year 1982-1996) diesel generator sets with Northern Lights model M50T13L generators on four ferries
L3Harris Technologies reports the U.S. Navy has exercised an option on its previously awarded contract to produce enhanced submarine imaging masts and spares.L3Harris said it will provide two configurations of its Type 20 low-profile mast to meet the Navy’s operational requirements. Production will be performed at L3Harris’ Northampton, Mass.
L3Harris Technologies announced it is one of three companies selected to provide Preliminary Designs for the next generation submarine tender, a support vessel that will provide expeditionary maintenance and repairs for U.S. Navy submarines.New York-listed L3Harris said it will support the development of the AS(X) ship specifications, interface specifications