Great Lakes News

 

Rand Logistics Announces Debt Refinancing

Mar 30, 2015

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's senior secured debt and increased credit availability. Rand said in a statment…

Pacesetter Award Winners Announced for 2014 Navigation Season

Mar 25, 2015

The U.S. Saint Lawrence Seaway Development Corporation (SLSDC) has announced that eight U.S. ports in the Great Lakes St. Lawrence Seaway System are receiving the prestigious Robert J. Lewis Pacesetter Award.  The awards were given for registering…

Great Lakes Towing Announces Two New Hires

Jan 16, 2015

The Great Lakes Towing Company has hired two new employees within its Great Lakes marine operations group.Lindsay R. Dew has been named Director of Operations & Compliance, and Mark W. Delventhal has been named Director of Technical Services…

Lakes Defend US Build Requirement of Jones Act

Jan 15, 2015

An effort to remove the U.S.-build requirement from the Jones Act is being soundly rejected by Great Lakes Maritime Task Force, the largest labor/management coalition ever assembled to promote shipping on America’s Fourth Sea Coast. The Task…

Seaway Set New Record

Jan 13, 2015

The Seaway concluded the 2014 navigation season with 40 million tonnes of cargo, which represents a full recovery from the 2009 global financial crisis and its ensuing aftermath.  The St. Lawrence Seaway Management Corporation (SLSMC) announced…

Canada Responds to Union Allegations

Jan 12, 2015

Ministers Raitt and Fast Appalled by Offensive Allegation from Seafarers International Union of Canada. Transport Minister Lisa Raitt and International Trade Minister Ed Fast issued the following joint statement in response to a communiqué…

Great Lakes Freeze Cost Economy $705m, 3,800 Jobs

Jan 06, 2015

The seemingly glacial ice that brought shipping on the Great Lakes to a virtual standstill last winter cost the economy more than $700 million and nearly 4,000 jobs, the Lake Carriers’ Association (LCA) reported, promting the group to to call…

U.S. Coast Guardsman Guilty of Assault

Jan 06, 2015

Coast Guard Petty Officer convicted, sentenced in assault case.A Coast Guardsman was sentenced by military judge to five months confinement and a bad conduct discharge for assault in a special court martial at the Coast Guard 9th District in Cleveland…

US Fleet to Pump $75m into Great Lakes Shipyards

Dec 22, 2014

U.S.-flag Great Lakes vessel operators plan to spend $75 million this winter to ready the fleet for the 2015 shipping season, the Lake Carriers’ Association (LCA) reported. One vessel is already in drydock undergoing the out-of-water hull inspection required by U…

CSL St-Laurent on Maiden Voyage

Dec 17, 2014

The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island…

Bill Introduced to Protect Great Lakes from Invasive Species

Dec 15, 2014

Camp, Stabenow, Slaughter Introduce Guarding Our Great Lakes Act The Guarding Our Great Lakes Act, a bipartisan legislation designed to protect the Great Lakes from the threat of invasive Asian carp, has been introduced by U.S. Congressman Dave Camp (R-Mich…

Great Lakes Ore Volumes Surpass 2013 Figures

Dec 11, 2014

Shipments of iron ore on the Great Lakes totaled 5.9 million tons in November, an increase of 5.8 percent compared to a year ago. That increase finally pushed the year-to-date total ahead of 2013’s pace. Through November, shipments stand at 53…

TPG Marine Acquires Chicago Dry Dock

Dec 10, 2014

Indiana-based TPG Mt. Vernon Marine, LLC purchased Chicago Dry Dock, a Chicago area shipyard founded in 1979. Chicago Dry Dock operates on the Calumet River and offers unencumbered access to both the Great Lakes (via Lake Michigan) and the…

Fednav Celebrates Anniversary Trio in Cleveland

Nov 26, 2014

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner…

USCG Medevacs 80 Yr-Old Near Lake Michigan

Nov 24, 2014

A Coast Guard aircrew medically evacuated an 80-year-old man off Beaver Island in Lake Michigan Sunday night.The man’s name is not being released.At 5:40 p.m., emergency medical personnel on Beaver Island contacted a search and rescue…

Logistics News

Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

European Wheat Rises as Black Sea Disruptions Persist

European Wheat Rises as Black Sea Disruptions Persist

AD Ports Group Reports Strong Q2

AD Ports Group Reports Strong Q2

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

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