Diverse Resources in Desperate Times
Offshore services vessels are designed for myriad activities in the maritime industry. But as multifunctional assets, they not only offer utilitarian capabilities that are indispensable for commercial diving, subsea construction, mining, and countless other activities, they can simultaneously serve critical crisis response functions in the aftermath of a disaster.Chaos Ready Inc., a new non-profit marine industry initiative, quantifies and coordinates these versatile resources…
North Carolina Ferry System Gains Marine Highway Project Designation
The North Carolina Ferry System (NCFS) has been designated by the federal Maritime Administration as a Marine Highway Project, U.S. Secretary of Transportation Elaine L. Chao announced ThursdayThe designation, a first for the state, will allow the ferry system to apply to the Marine Highway Grant Program, which awards federal funding to modernize vessels and improve infrastructure at terminals. This year’s grant program awarded $9.7 million to marine highway projects across the…
Lineage Logistics Acquires Emergent Cold
Lineage Logistics Holdings, the world’s largest provider of temperature-controlled logistics solutions, announced it has signed definitive agreements to acquire Emergent Cold, the global cold chain services provider.This acquisition strengthens the Company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region. Financial terms of the transactions were not disclosed.“Food producers, manufacturers and retailers are looking for cold chain partners who can offer a dynamic and truly end-to-end temperature-controlled logistics solution…
Troy Container Line Announces New Partnership
Troy Container Line has announced a new agency partnership with the European-based CARGOLINES. The partnership comes just a year after Troy Container Line initiated its direct service to France and is a natural evolution of the success and growth the company has had in the French market. “The entire Troy Container Line team is pleased to partner with CARGOLINES,” commented Patricia Fitzgerald, COO of exports at Troy Container Line. “CARGOLINES’ commitment to service and competitive rates make them an ideal agency partner. This new relationship will improve services on this trade lane for our company’s European clients. The strategic decision to partner agencies was made to streamline Troy Container Line’s framework in Europe.
