The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia.To that end, many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore.
New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company (ASC) from Chicago-based GATX Corporation for $260 million.Headquartered in upstate New York, ASC operates the Lakes' largest U.S.
When I came into office as the Passenger Vessel Association’s President for 2019 last January, I announced two strategic goals for our industry: to enhance safety and foster the professional growth of our next generation of leaders. I am proud to announce we have undertaken major initiatives and made progress on each.
The search for three missing mariners was called off on Monday after two towing vessels collided on the Mississippi River at mile marker 123, near Luling, La., Sunday, the U.S. Coast Guard said.Search crews scoured more than 835 nautical miles for approximately 67 hours but were unable to find the three missing mariners, the Coast Guard said.
The U.S. Coast Guard and local agencies are searching for three crew members missing following a collision between two towing vessels on the Mississippi River at mile marker 123, near Luling, La., Sunday.The Coast Guard said its watchstanders in New Orleans were alerted at 5:37 a.m.
A containership lost steering off the coast of Mozambique on Monday after its crew put out an engine room fire on board the 680-foot vessel.Towage operator KOTUG International said two of its vessels responded after picking up a mayday call from the Marshall-Islands-flagged Em Oinousses, approximately 50 miles off the coast of Nacala, Mozambique, while en route from Maputo, Mozambique to Mombasa
The Arleigh Burke-class guided-missile destroyer USS John S. McCain (DDG 56) completed her necessary repairs and extensive, accelerated upgrades over the last two years, following a fatal 2017 collision.The ship and her crew, now underway to conduct comprehensive at sea testing, will perform a series of demonstrations to evaluate onboard systems to ensure they meet or exceed Navy performance
A set of complicated lock-and-dam projects on the Illinois Waterway, from Chicago to the Mississippi, has yellow lights flashing throughout the Midwest freight industry. In effect, the entire Waterway will be shut down next summer as the Army Corps of Engineers, Rock Island Division, starts some hefty replacement and maintenance projects, from LaGrange to Brandon Road locks and dams.
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grants to support capital improvements at 28 U.S. small shipyards as a part of its Small Shipyard Grant program. The grants enable small shipyards to modernize equipment and processes to fuel future growth.
Chicago-based CC Industries acquired Southern Towing Company (STC) from Trive Capital and McCombs Partners. Founded in 1958, STC is one of the largest operators of towboats and barges along the inland waterways of the United States.This acquisition expands CCI’s portfolio of industry-leading businesses, and marks another CCI investment in the transportation equipment and logistics sector.
The world's largest heavy lift and pipelay vessel, Pioneering Spirit, will take a temporary pause from Nord Stream 2 pipelaying activities in the Swedish Exclusive Economic Zone to perform planned platform lift work in the North Sea.The Allseas-owned vessel, which in 2018 installed the 22,000 t drilling platform topsides for Equinor’s Johan Sverdrup development on the Norwegian continental shelf
The ferry business, unlike more industrial parts of the shipping business, touches wide swaths of the world’s population across continents. The membership of Interferry, the leading trade group for the industry, with non-Governmental organization (NGO) status at the International Maritime Organization (IMO) includes 200+ members from all parts of the ferry spectrum.