“If consolidation was the solution to all that ails shipping, then container liner companies would be super profitable. They are not. In ‘commoditized’ sectors of the shipping industry, which by now includes pretty much everything apart from very small niche markets, there is hardly any economies of scale at the company level.
Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis - about 500 miles from the company's two Minnesota distribution hubs.The barges can't move - or get crucial nutrients to corn farmers for the spring planting season - because river locks on the main U.S. artery for grain and fertilizer have been shuttered for weeks.
A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U.S. District Court in South Carolina issued the decision in response to a motion filed by a range of conservation and business groups and coastal
This week, Hurtigruten’s expedition cruise ship MS Roald Amundsen wrote a new chapter in exploration history – the first battery-hybrid powered ship to traverse the Northwest Passage.As the MS Roald Amundsen arrived Nome, Alaska, in the evening of September 10, captain Kai Albrigtsen could make a monumental entry in the ship’s logbook: The first complete passage of the more than 3.
Operational changes keep Jerry F. Costello Lock and Dam open for 17 days longer than typical during high water events.While the record flooding in 2019 disrupted barge traffic throughout the inland waterways in the Midwest for extended periods this spring and summer, a little out-of-the-box thinking helped limit the number of days the Jerry F.
Classes to be held in Colorado and New Hampshire.Viega, LLC has announced its Fall 2019 lineup of courses at its seminar centers in Broomfield, CO and Nashua, NH.The offerings include topics from radiant design and LoopCAD software to press technology. With two fully equipped state-of-the-art seminar centers
The U.S. Coast Guard said it closed the Mississippi River near St. Louis to boat and barge traffic on Friday as excessive rains and heavy snow melt this spring swelled the major shipping waterway to near record levels.The river - a key transportation artery for shipments of grain, agricultural chemicals, energy products and other commodities - is closed from river mile marker 179 to 184
As the North American offshore wind model evolves, it is clear that fit-for-purpose, Jones Act compliant and Arctic ready tonnage will need to be part of the equation. If so, we’ve got that box checked, with a little help from Europe.As of September 2018, the Walney Extension off the United Kingdom is the largest offshore wind farm in the world at 659 megawatts.
The International Association of Maritime and Port Executives (IAMPE) has announced the latest group of Maritime Port Executives who completed the accredited seminar the week of March 11th at DHS/USCG Headquarters in Washington, DC.The latest class of graduates include LCDR. William Albright, USCG-MPE; Mr. Zach Bonheim-MPE; Cdr. Charles Bright, USCG-MPE; CDR. Bradely Clare, USCG-MPE; LCDR.
Qatargas, the world’s largest LNG producer, supplied a commissioning cargo for India’s Ennore LNG receiving terminal, near the southern Indian city of Chennai.The commissioning LNG cargo was delivered onboard the vessel ‘Golar Snow’ on 25th February 2019 by the Swiss commodity trader, Gunvor, to the state-owned Indian Oil Corporation Limited (IOCL)
A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European Union must ask permission from Oslo to catch snow crab — whose meat is a delicacy for gourmets from Canada to Japan — in Arctic waters north of Norway
Wilson Ship Management, a short sea company working hand in hand with major players within the Norwegian and European industry, has signed an agreement to purchase the two bulk carriers MV Lauren C (2007) and MV Nicole C (2008), both of 5,000 dwt.The vessels are expected to be acquired during the first quarter of 2020. Upon acquisition, both vessels will be given Wilson names.