Coastal/Inland News


USCG Takes Ownership of Commercial Icebreaker

Dec 23, 2024

The Coast Guard announced it accepted ownership of the motor vessel Aiviq, a 360-foot polar class 3-equivalent icebreaker, from an Edison Chouest Offshore subsidiary Friday.The vessel, acquired Dec. 11, will enhance U.S. operational presence…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

Volunteers Battle Black Sea Oil Spill

Dec 20, 2024

Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster.The oil spilled from two ageing Russian oil tankers that were severely…

ESG Delivers LI Ferry to McAllister Subsidiary

Dec 20, 2024

PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing…

Baltic Index Snaps 3-Session Slide

Dec 20, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index…

ABS CEO Wiernicki Emphasizes Sustainable Shipping

Dec 19, 2024

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…

Rahn elected Manatee County Port Authority chairman

Dec 19, 2024

Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery…

Germany’s Mosel River Remains Closed for Lock Repairs

Dec 19, 2024

The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…

ESG Cuts Steel for Saltchuck Escort Tugs

Dec 18, 2024

Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team…

Broad Sector Declines puts Baltic Index at 17-month low

Dec 18, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…

DP World Starts Construction of New $1.2B Port in Senegal

Dec 18, 2024

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…

Baltic Index Retreats Across All Segments

Dec 17, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Tanco adds $8.2 million to IA Port Investments

Dec 17, 2024

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…

Ukraine blames Russia for Black Sea oil spill

Dec 16, 2024

Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday…

Germany's Mosel River Partially Reopens to Shipping

Dec 16, 2024

The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…

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