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MARAD announces grants to U.S. shipyards
The Maritime Administration (MARAD) of the U.S. Department of Transportation has announced $19.6 million in grant awards to 24 small shipyards in 19 states through the Small Shipyard Grant Program. Recipients include the Fincantieri Marine Group of Wisconsin (pictured), Great Lakes Towing of Cleveland, Ohio and Chesapeake Shipbuilding Corp. of Maryland. The funds are to
Loss of Russian cargo sparks Rotterdam container volume decline
Europe’s largest port has reported a slight increase in total cargo in the first six months of 2022, but the loss of Russian cargo provoked a 4.4% drop in container cargo. The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes)
Trade groups urge review of EU block exemption regulation for container shipping
Brussels – Ten trade organisations, representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping, are demanding an immediate start to the review of European Union’s Consortia Block Exemption Regulation for the container shipping industry. The trade groups include the Global Shippers Forum, the
MOL installs first rigid, winged sail on bulk carrier
Mitsui OSK Lines of Japan has posted initial shots of the telescopic hard sail that has been installed on a bulk carrier being constructed at Oshima Shipbuilding. The 770-ft 100,000-dwt newbuilding is being developed under MOL’s Wind Challenger project. The first wind-assisted vessel is slated for delivery in October 2022. Following the launching of an
Chamber of Shipping welcomes Ottawa’s increased investment in Oceans Protection Plan
The Vancouver-based Chamber of Shipping has welcomed the Government of Canada’s continued commitment to protecting Canada’s coasts by expanding and extending the Oceans Protection Plan (OPP) for an additional nine years with a further investment of $2 billion. The Chamber of Shipping is pleased with the federal government’s acknowledgment of the relationship between the supply chain and ocean protection. Protecting
Canada announces expanded Oceans Protection Plan
Bowen Island, BC – Prime Minister Justin Trudeau has announced the next phase of Canada’s Oceans Protection Plan. With the new investment of $2 billion over nine years, announced in Budget 2022, Canada will establish 15 new measures to expand ocean protection initiatives to more regions and better proactively combat emerging threats to marine safety,
Castaloop opens new terminal in Lemont, Illinois
CASTALOOP USA, Inc., a subsidiary of LOGISTEC Stevedoring Inc., has announced the opening of a new terminal operation located in Lemont (IL). CASTALOOP USA, Inc. will provide bulk, break-bulk, and project cargo heavy lift customers with seamless marine and cargo handling services on the Illinois River at mile marker 300, connecting to the Mississippi River
Farm-related exports bolster Great Lakes-Seaway shipping
Exports buoyed shipping activity through the St. Lawrence Seaway in June, with U.S. coke and Canadian potash heading to overseas destinations for the season reaching a 20-year record high. Canadian ports also reported strong demand for Ontario-grown soybeans and corn exports along with rebounding domestic salt and petroleum shipments. Overall cargo tonnage shipments (from March