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One of the world’s largest ferry operators, Canada’s BC Ferries, has released its second quarter results for the three and six months ending September 30, 2022. Vehicle and passenger traffic, revenue and net earnings were all higher compared to the same periods in the prior year. For the six months ending September 30, 2022, 5.4 million… Read More
Bollinger Shipyards LLC today made a number of leadership announcements following its recent acquisition of Bollinger Mississippi Shipbuilding (BMS) and Bollinger Mississippi Repair (BMR), formerly VT Halter Marine and STEHMO. Notably, all ongoing programs at the two shipyards were conveyed with the transaction, including the Polar Security Cutter (PSC) program for the U.S. Coast Guard and the Auxiliary… Read More
The Northeast faces the prospect of a tough winter ahead as residents and businesses grapple with the low supply and high cost of diesel. Some energy companies, alongside the usual opponents of the Jones Act, are calling for a blanket waiver of our bedrock “ship American” law, claiming a Jones Act waiver would increase inventory… Read More
On 28 November, Arnout Damen of Damen Shipyards, Derrick York of Caterpillar Inc and Kees-Jan Mes of Pon Power signed a Memorandum of Understanding (MoU) for the joint development of a series of dual-fuel methanol / diesel powered tugs. This follows Damen’s recent delivery of its first, all-electric RSD-E Tug 2513, Sparky, to Ports of Auckland, New… Read More
Viking Marine Construction, LLC, industry leaders in marine construction, now expands to land with crane and land clearing services. With the expanding housing market in West Michigan, there has been an increasing demand for land clearing. For those who are looking for excavation and land clearing services, Viking Marine Construction LLC has started offering these… Read More
An alternative to the Panama Canal is being proposed by a Florida-based transportation and infrastructure company named Zergratran. The company is seeking to raise $75 mn in funding to provide this alternative route for shipping containers. The project, named Puerto Internacional Las Americas (PILA) will be an 80-mile tunnel with magnetic propulsion that will be… Read More
How did a family-owned shipyard in tiny Coden, Ala., become a go-to supplier for some of the biggest tugboat operators in the country, its yard the birthplace of cutting-edge hybrid tugs and a revolutionary all-electric vessel that will be the first of its class in the western hemisphere? Garrett Rice, president of Master Boat Builders,… Read More
Mokena, Ill., based Middle River Marine LLC (MRM) reports that it has acquired the assets of Kindra Lake Towing LP, of Chicago. The agreement will expand MRM’s bulk material logistic operations with the addition of five vessels, marine equipment, and a harbor slip in South Chicago. The deal will see Middle River expand its affreightment, towing, fleeting… Read More
The Port of Seattle Commission will provide $4.1 million over three years to partner with maritime industry employers, provide training and services to young people between the ages of 16-24, and place youth in internships that may lead to full-time employment in entry-level maritime roles. “The Port of Seattle continues its investment in youth for… Read More
Last night at the Ventus Gala in Washington, DC, Great Lakes Dredge & Dock Company received the prestigious Supply Chain Advancement Award in the private sector for building the first U.S. flagged subsea rock installation vessel. “The Ventus Awards are the Business Network for Offshore Wind’s highest level of professional recognition, celebrating the trailblazing people,… Read More
HOUSTON, Nov. 21, 2022 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today announced the appointment of Travis J. Boone to the Board of Directors. As previously announced, Mr. Boone, was named President and Chief Executive Officer, effective September 12, 2022. Mr. Boone was appointed to the Board of Directors effective November 17, 2022…. Read More
Adam Tindall-Schlicht, until recently port director at the Port of Milwaukee, has been named as the eleventh Administrator of the U.S. Department of Transportation’s Great Lakes St. Lawrence Seaway Development Corporation (GLS). The GLS is responsible for the operations and maintenance of the U.S. portion of the St. Lawrence Seaway between Montréal and Lake Erie. “We are delighted… Read More
A.P. Moller – Maersk (Maersk) will launch a new ocean shipping service, ‘Shaheen Express’ starting from the last week of November 2022. The ‘Shaheen Express’ will rotate between Mundra, Pipavav, Jebel Ali, Dammam, and Jebel Ali and back to Mundra, creating a stable and reliable service for the India-UAE-Saudi Arabia corridor. The new service will… Read More
In its fourth consecutive year of sponsorship, Crowley has expanded its support of Wreaths Across America to honor veterans on the U.S. mainland and Puerto Rico. The company will again serve as the primary sponsor for the non-profit organization’s Puerto Rico wreath-laying ceremonies Dec. 17 honoring the U.S. veterans laid to rest there. New this… Read More
NEW YORK & SYDNEY & MELBOURNE, Australia–(BUSINESS WIRE)–Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, today announced the signing of a definitive agreement to acquire 100% of Australia’s GeelongPort Pty Limited (“GeelongPort”). GeelongPort is Victoria’s second largest port located approximately 75 kilometers southwest… Read More