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United Safety, a global manufacturer of safety and survivability technology solutions, announced the acquisition of Allsalt Maritime closing on December 31st, 2022. Allsalt Maritime, based in British Columbia, Canada, is best known for its Shoxs product line of impact-mitigation seating, protecting maritime military agencies and recreational boaters with configurable seating systems that absorb harmful shock and vibration resulting from… Read More
Ocean Network Express, the ocean carrier established in 2017 by Japan’s K-Line, MOL and NYK, is set to take a 51% stake in each of two U.S. West Coast terminal operators, Trapac LLC and Yusen Terminals LLC (YTI). Those stakes are currently held by two of ONE’s parent companies. Mitsui O.S.K. Lines (MOL) currently holds the… Read More
Hamilton, Bermuda, headquartered Seapeak LLC reports that it has completed the previously announced acquisition of Greenship Gas Trust and Greenship Gas Manager Pte. Ltd. and their subsidiaries (collectively, Evergas) from Jaccar Holdings in an all-cash transaction with an enterprise value of approximately $700 million. With the acquisition complete, Evergas will rebrand and operate as a wholly-owned subsidiary of Seapeak…. Read More
Carnival Cruise Line has announced that renowned chef and restauranteur Emeril Lagasse will serve as its Chief Culinary Officer. Carnival Cruise Line reports that chef and restauranteur Emeril Lagasse will serve as its Chief Culinary Officer. A restaurant concept created by Lagasse, Emeril’s Bistro, is already popular on two of Carnival’s ships, Mardi Gras and Carnival Celebration, and… Read More
At 28 years old, Stewart Farrell “went out on a limb” during a job interview at Stockton State College and proposed an idea that would shape the Marine Science program and draw the state’s most dynamic picture of New Jersey’s ever-changing coastline. When Farrell first heard about Stockton, he was a doctoral student studying coastal processes along… Read More
Around three billion litres of water are lost through leaks across hundreds of thousands of miles of water pipe in England and Wales daily, says water industry economic regulator Ofwat. Engineers have now developed miniature robots to patrol the pipe network, check for faults and prevent leaks. They say maintaining the network will be “impossible”… Read More
As it turns out, long-sought flexibility in maintenance of essential Hatteras Inlet navigation channels didn’t take an act of Congress. It boiled down to a much simpler concept: go-with-the-flow realignment. But with the finalized expanded authorization to dredge Rollinson Channel, it may seem like a Christmas miracle for islanders now relieved of navigating a labyrinth… Read More
As the maritime industry continues to increase diversity and bring more women into its ranks, we wrap up 2022 for the third year in a row by bringing to you our list of Top Women in Maritime. Our editorial team has carefully selected these 20 women of varied backgrounds, ages and locations with nominations given… Read More
THE Alliance’s network has been reconfigured to ensure the most comprehensive port coverage to maximise the satisfaction of the member lines’ customers. The enhanced service setup will enter into effect from April 2023. One of the key highlights will be the deployment of larger newbuild ships to the Asia and North Europe trade. A modern… Read More
A little fun bit of news coming out of Louisiana as C&C Marine and Repair LLC, Belle Chasse, La., celebrates the holidays with its second annual Christmas light display. This year’s display is prominently located near the company’s main office. The new display includes a 5,000 horsepower inland towboat, the M/V Kent Furlong, being pulled by… Read More
HOUSTON, Dec. 20, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced an update on its fourth quarter 2022 operations. Revenues and gross profit margins for fourth quarter 2022 are expected to be lower than previously anticipated. These results were impacted… Read More
A U.S. appeals court invalidated a federal license for the Conowingo Dam in Maryland on Tuesday, sending it back to the Federal Energy Regulatory Commission for further proceedings. The U.S. Court of Appeals for the District of Columbia agreed with environmental groups that FERC exceeded its authority when it approved a 50-year license last year… Read More
Floods are one of the most frequent and costly natural disasters. To put this into context, it is estimated that Hurricane Ian caused insured losses of USD 50–65 billion, making it the single largest loss-causing event of 2022. By using our high-resolution SAR imagery, third-party data, and machine learning, ICEYE delivered essential observation data for… Read More
The U.S. Department of Transportation has published a Notice of Funding Opportunity (NOFO) for $1.5 billion in grant funding through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program for 2023. The popular program helps communities around the country carry out projects with significant local or regional impact. RAISE discretionary grants help… Read More
Your supply chain’s well-being is our top priority. We at Maersk aim to provide you the most relevant and up-to-date information to help you navigate this period of heightened volatility. Key Notes on North American Supply Chains A. P. Møller – Mærsk A/S Board of Directors Names Vincent Clerc CEO effective Jan 1: On December 12th… Read More