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01 May 2024

Norwegian's Q1 Revenue Miss Overshadows Raised Outlook

© Wangkun Jia / Adobe Stock

Shares of Norwegian Cruise Line Holdings fell more than 12% after the operator's downbeat first-quarter revenue overshadowed a raise in annual profit forecast on Wednesday.Expectations for cruise operators have generally become high after strong booking trends and demand drove up their results and shares last year.Shares of Norwegian and its rival Carnival have seen their growth temper from those highs, in part due to concerns around cost pressures and their brands' exposure to the Middle East conflict.Meanwhile…

09 Apr 2024

Groke Technologies Unveils Situation Awareness Tool for Fleet Managers

Source: Groke Technologies

Groke Technologies, the Finnish technology company behind the Groke Pro Situational Awareness System, has introduced a new solution designed to give ship managers shoreside an unparalleled view of the surrounding area of all the vessels in their fleet.Groke Fleet gives ship management teams more detailed information on which to better evaluate, enhance and control the navigational safety and efficiency of their vessels.Unlike traditional fleet awareness solutions, which tend to be based only on periodically updated AIS data…

01 Apr 2024

TDI-Brooks Completes Survey Off New York & New Jersey

(Photo: TDI-Brooks)

Between January 2023 and February 2024, TDI-Brooks conducted an extensive site investigation program in two offshore wind blocks in state and federal waters. The projects involved surveying in excess of 20,000 line-kms of analogue and either single or multi-channel seismic in lease blocks and cable routes along the coasts of New York and New Jersey. Various tasks were carried out at different stages, such as offshore geophysical surveys, UHRS detailed surveys, archaeological identification surveys…

28 Mar 2024

Insights: Cherrie Felder, VP, Channel Shipyard Companies

Cheryl “Cherrie” Felder is among the U.S. barging industry’s most well-known leaders, having built a reputation as a difference-maker and champion for the industry.

For Cheryl “Cherrie” Felder, the path to the maritime industry was both untraditional and seemingly meant to be. After studying African art, she began her career working in a museum in New Orleans before landing a role directing professional rodeo in the Big Easy.“It was a lot of fun, and I learned a whole lot,” Felder said. “But as you may imagine, New Orleans is not a rodeo town. After the third year, the board of directors decided, okay, that's it. No more rodeo.”And that’s when Felder’s doorway to the maritime industry swung open…

26 Feb 2024

Houthis Keep Up Pressure with Near Miss on US-flagged Tanker

FILE PHOTO: Torm Thor (Photo: Torm)

Yemen's Houthis fired a missile that likely targeted the Torm Thor in the Gulf of Aden on Feb. 24 but missed the U.S.-flagged oil tanker, the U.S. Central Command (CENTCOM) said on Monday, as the Iran-aligned militia steps up attacks on ships.Shipping risks have escalated due to repeated Houthi drone and missile strikes in the Red Sea and Bab al-Mandab Strait since November in support of Palestinians in Gaza. U.S. and British forces have responded with several strikes on Houthi…

07 Feb 2024

Panama Canal Does Not Plan Transit Restrictions Before April

Source: Panama Canal Authority

The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate water levels at the end of the dry season, Deputy Administrator Ilya Espino told Reuters.A severe drought last year forced the canal to reduce the number of vessels allowed to pass per day. In December, rains in the last quarter of the year allowed the waterway to suspend further restrictions that would have been applied in January.In recent months, attacks to ships at the Red Sea have prompted many vessel owners to take longer routes to and from Asia…

01 Feb 2024

Richard M. McCool Jr. (LPD 29) Completes Builder’s Trials

San Antonio-class amphibious transport dock Richard M. McCool Jr. (LPD 29) on builder's sea trials in the Gulf of Mexico (Photo: HII)

HII’s Ingalls Shipbuilding division in Pascagoula, Miss. on Thursday announced new amphibious transport dock ship Richard M. McCool Jr. (LPD 29) it is building for the U.S. Navy has completed builder’s sea trials. The San Antonio-class ship spent time in the Gulf of Mexico testing all systems in preparation for the remaining events that will occur prior to delivery of the ship, expected to occur in the spring.“Our shipbuilders have worked hard to get LPD 29 to sea,” Ingalls Shipbuilding Ship Program Manager Davianne Stokes said.

12 Jan 2024

As Missiles Soar, Freight Rates Soar, too

Peter Sand, Chief Analyst, Xeneta. Image courtesy Xeneta

Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption to ocean freight shipping set to deteriorate further.At approximately 2.30am (Sanaa/Red Sea time) today, Friday, the US and UK military carried out air strikes on targets in Yemen in response to Houthi militia attacks on merchant ships in the Red Sea, which have totalled 27 since November 19.“We want to see safe, risk-free voyages through the area for vessels and the situation must calm down for that to happen," said Peter Sand, Chief Analyst, Xeneta.

10 Jan 2024

Hunt Valve to Equip USCG Polar Security Cutter

(Image: U.S. Coast Guard)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced it has been awarded a purchase order to provide motor-operated valves (MOVs) through Hunt Valve for the U.S. Coast Guard’s (USCG) Polar Sentinel (WMSP-21). The cutter is the first of three multi-mission vessels that will comprise the Polar Security Cutter program, which is intended to supplement the USCG’s missions in the Arctic as well as Operation Deep Freeze in the Antarctic.“Every ship has a crucial role to play in advancing American interests at sea…

19 Dec 2023

Shippers Mask Positions, Weigh Options Amid Red Sea Attacks

© Image'in / Adobe Stock

A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.Attacks in recent days on ships in the major Red Sea shipping route have raised the spectre of another bout of disruption to international commerce following the upheaval of the COVID pandemic, and prompted a U.S.-led international force to patrol waters near Yemen.The Red Sea is linked to the Mediterranean by the Suez Canal…

18 Dec 2023

Ask What Your Government Can Do For Your Industry (A 2023 Retrospective)

© rrodrickbeiler / Adobe Stock

John F. Kennedy’s famous locution, “Ask not what your country can do for you, but you can do for your country” remains the rallying call for civic action and public leadership. The message remains foundational to the success of the United States, particularly as we head into an election year that once again appears to be filled with divisiveness and vitriol. That said, before we flip the calendar, it is important to set JFK’s message aside for a moment and reflect upon what our political leadership in Washington…

15 Dec 2023

Maersk to Pause All Container Ship Traffic Through the Red Sea

© hit1912 / Adobe Stock

Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday."Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instructed all Maersk vessels in the area bound to pass through the Bab al-Mandab Strait to pause their journey until further notice," the company said in a statement.Maersk on Thursday said its vessel Maersk Gibraltar was targeted by a missile while travelling from Salalah…

15 Dec 2023

Yemen's Houthis Attack Two Ships with Missiles

© ID1974 / Adobe Stock

Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice. German container line Hapag Lloyd said it was considering a similar move.A projectile, believed to be a drone, struck one of the Liberian-flagged vessels, the German-owned Al Jasrah, causing a fire but no injuries, the U.S.

14 Dec 2023

Upper Miss Navigation Season Draws to a Close

The last tow of the 2023 navigation season: The towboat Thomas Erickson departed Lock and Dam 10, near Guttenberg, Iowa, Dec. 3, with 15 barges. (Photo: U.S. Army Corps of Engineers, St. Paul District)

The 2023 navigation season has drawn to a close on the Upper Mississippi River.A 15-barge tow pushed by the towboat Thomas Erickson, the last of the season, departed Lock and Dam 10, near Guttenberg, Iowa, December 3, the U.S. Army Corps of Engineers, St. Paul District said.The 2023 season commence March 12, when the towboat Phillip M Pfeffer broke its way through the ice of Lake Pepin to travel to St. Paul, Minnesota.With the 2023 navigation season in the rearview, St. Paul District staff will remain busy this coming winter with maintenance projects at Lock and Dam 2…

20 Nov 2023

Passenger Ferry Delivered to Guadeloupe Operator

Source: Incat Crowther

A 36-meter custom built passenger ferry has been delivered to Guadeloupe-based operator CTM Deher by Incat Crowther.The new 316-seat passenger ferry has been designed to safely and efficiently service CTM Deher’s passenger and tourism routes in the French West Indies and is expected to begin operating in late 2023.The new ferry, named Miss Outre-Mer, was designed using Incat Crowther's digital shipbuilding process. This meant CTM Deher and Incat Crowther worked closely together to deliver the complete digital ship design before physical construction began at PT Kim Seah Shipyard in Indonesia.

17 Nov 2023

Bringing the Capital Construction Fund Program Ashore

© William A. Morgan / Adobe Stock

On May 5, 2023, the White House announced that the Environmental Protection Agency (EPA) was “taking the next step to invest $3 billion in its Clean Ports Program to fund zero-emission port equipment and technology and to help ports develop climate action plans to reduce air pollutants, improve air quality and public health in neighboring communities, and advance environmental justice.” That “next step” was the issuance of a Request for Information to inform EPA of the availability…

13 Oct 2023

ClassNK Contributes to Social Implementation of MASS

Image courtesy ClassNK

ClassNK is taking a leading role in the implementation of safe and efficient maritime autonomous surface ships (MASS) through a program of research, rule-development, technology trials and certification.While the regulatory framework covering MASS remains a work in progress, it is clear that autonomous ship technologies are already having a transformative effect on shipping.By autonomously executing certain functions that would typically be performed by crew – especially tasks…

25 Sep 2023

USACE Working to Prevent Saltwater from Rising Up the Mississippi

Col. Cullen Jones, USACE New Orleans District commander, briefs media Sept. 15, 2023, on current steps the Corps plans to take to augment the existing underwater sill constructed by USACE in the Mississippi River to help slow progression of the saltwater wedge moving upriver from the Gulf of Mexico. (Photo: Ryan Labadens / U.S. Army)

The U.S. Army Corps of Engineers, New Orleans District is working to delay upriver progression of salt water from the Gulf of Mexico by augmenting the sill initially constructed in July 2023.Construction is underway to increase the existing underwater sill from a depth of -55 feet to a depth of -30 feet. A 620-foot-wide navigation lane will be kept to a depth of -55 feet to ensure deep-draft shipping continues along the nation’s busiest inland waterway.USACE initially constructed…

17 Nov 2023

Capital Construction Funds: A New Opportunity For Vessel Financing On The Inland Waterways

© Carisa Mitchell / Adobe Stock

Recent changes have opened up the Capital Construction Fund program to owners and operators of vessels on the U.S. inland waterways.Among the programs offered by the U.S. Department of Transportation through the Maritime Administration (MARAD) to promote the growth and modernization of the U.S. maritime industry, the Capital Construction Fund (CCF) program is one that has remained largely unavailable to the owners and operators of vessels on the inland waterways—until now.Created by the Merchant Marine Act of 1936…

11 Sep 2023

CHIRP Introduces Fishing Sector Safety Newsletter

© Анна Костенко / Adobe Stock

Voluntary near-miss reporting scheme CHIRP Maritime is celebrating its 20th anniversary by introducing a new fishing sector safety newsletter alongside its regular 'Maritime FEEDBACK' editions.Adam Parnell, CHIRP Director (Maritime), says: “We hope to create a safe and non-judgemental learning environment where fishers can share, and learn from, the experiences of others. This helps to prevent similar incidents in the future and contributes to a safer maritime environment overall.”The…

04 Sep 2023

CHIRP Introduces Port Sector Safety Newsletter

Source: CHIRP

Voluntary near-miss reporting scheme CHIRP Maritime is celebrating its 20th anniversary by introducing a new port sector safety newsletter alongside its regular 'Maritime FEEDBACK' editions.“We are thrilled to announce the launch of a new series of newsletters specifically tailored to ports and harbours for three specific reasons,” says Adam Parnell, Director (Maritime) at CHIRP. “Firstly, we aim to raise safety awareness among individuals by providing them with vital education and knowledge.

18 Aug 2023

Great Lakes Awarded Lower Miss Dredging Contract

© Bryan / Adobe Stock

Houston-based dredging contractor Great Lakes Dredge & Dock has been awarded a contract from the U.S. Army Corps of Engineers' New Orleans District for Mississippi River dredging in Plaquemines, La.Great Lakes was one of two bidders for the project, winning the contract with a bid of $22.1 million.Work is expected to wrap up by December 17, 2023.

17 Aug 2023

Ingalls Launches Guided Missile Destroyer Ted Stevens (DDG 128)

(Photo: HII)

HII’s Ingalls Shipbuilding division in Pascagoula, Miss. has launched the U.S. Navy’s third Flight III Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128).“The translation and launch are always important milestones for our shipbuilders and the life of a ship,” Ingalls Shipbuilding DDG Program Manager Ben Barnett said. “Our team has put in a tremendous amount of work leading up to the launch, and I am proud to see them bring DDG 128 one step closer to completion.”Prior to launch, DDG 128 was translated from land to the dry dock using translation railcars to support the ship.