Steel Mill News

Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.The steel truss bridge collapsed early on Tuesday morning, killing six road workers, when a massive container ship lost power and crashed into a support pylon. Much of the span crashed into the Patapsco River…

The catastrophic bridge collapse that closed the Port of Baltimore to ship traffic is unlikely to trigger a major new U.S. supply chain crisis or spike goods prices, due to ample and growing spare capacity at competing East Coast ports, economists and logistics experts say.With six people still missing after a container ship collision destroyed the Francis Scott Key Bridge, it remained unclear how long the span's twisted superstructure would block the harbor's mouth.But port officials…

The Baltic Exchange's main sea freight index rose to its highest in a year on Monday, helped by higher rates for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, climbed 3.2% to 1,991.The capesize index added 176 points, gaining 5.3% to 3,485 - its highest level since May 25, 2022.Average daily earnings for capesize vessels, which typically transports 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased by $1,456 to $28,901.Iron ore futures fell, with the Dalian benchmark hitting its lowest in nearly six

Philly Shipyard said it has reached a deal with Avalotis Corporation affiliate  Avalotis Industrial Services (AIS) for the transfer of operations of the shipbuilder’s Prime Plate Facility – a steel blasting and priming facility located outside the shipyard fence-line in the Navy Yard business park. Effective February 1, 2023, AIS assumed full operational control of this facility while servicing all of Philly Shipyard’s plate priming requirements for its shipbuilding, repair, and miscellaneous fabrication activities.The Prime Plate Facility receives plates from the steel mill…

More than a half a billion dollars in recent, current or expected improvements at three Midwestern ports will strengthen these facilities and reinforce their important roles in the global freight network. The significant investments at Port KC, America’s Central Port, and Kaskaskia Regional Port District, along with new infrastructure funding recently secured, will spur an increase in barge services and deliver cost efficiencies that drive profitability for the industry. Port KC is located on the Missouri River.

New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S. Army Corps of Engineers “Civil Works Program Infrastructure Investment and Jobs Act (IIJA), 2022 Construction Spend Plan.”In Arkansas…

U.S. Great Lakes ports and the St. Lawrence Seaway have experienced a rise in cargo shipments to feed domestic construction and manufacturing activity and global export demand, according to the latest June figures.The Great Lakes-Seaway System serves a region that includes eight U.S. states and two Canadian provinces, and is seen as a marine highway that extends 2,300 miles from the Atlantic Ocean to the Great Lakes, supporting more than 237,868 jobs and $35 billion in economic activity.If the region were a country…

Benchmark Asian iron ore futures rose on Thursday as data showed monthly shipments of the steelmaking ingredient to China from Australia's Port Hedland dropped to the lowest in two years.Shipments from Port Hedland, the world's biggest iron ore export hub, totalled 30.73 million tonnes in February, when top steel producer China typically imports less due to the Lunar New Year holidays.That is the lowest since March 2019 and compares with 35.6 million tonnes in January and 33.3 million tonnes in February last year…

MV Kaami, a general cargo vessel salvaged six miles off the northwest coast of Skye, Scotland after running aground in March, has been dismantled and recycled in Kishorn.Built in 1994, the 89.8-meter vessel, owned by Norway’s Misje Rederi, was sailing under the flag of Bahamas when it ran aground on March 23 this year. It was refloated by Resolve Marine Group and towed to Kishorn Port and Dry Dock on the northwest coast of Scotland.Highlands and Islands Enterprise (HIE) has invested more than £700…

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry commodities around the world, posted its biggest weekly gain ever, underpinned by a rebound in global commodities trading as iron ore demand from China picked up.The 35-year old index, which reflects rates for capesize, panamax and supramax ships, has now surged nearly 300% since tumbling to a low of 393 points in May following a freeze in global trade due to coronavirus-led lockdowns."Most…

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Friday and recorded its steepest percentage fall in two months, as Chinese steel mill restrictions continued to drag down capesize rates.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, declined 106 points, or 5.4%, to 1,857 points. For the week, the index dropped 13.3%, its worst week in nearly eight months.* The capesize index fell 263 points, or 7.3%, to 3,338 points.

Dennis Wilmsmeyer was appointed Executive Director at America’s Central Port on July 1, 2010, prior to which he served 11 years with the Port District, six as General Manager.With over 30 years of experience, Dennis brings a wealth of knowledge and expertise to the table in the areas of transportation, planning, and economic development. His responsibilities include developing the Port’s 1,200-acre industrial park and business campus, redeveloping a former military logistics center…

Terminal automation provider Kalmar, part of Cargotec, has concluded an agreement to supply Servicios Logisticos Portuarios SLP, a leading cargo-handling operator at the Port of Bilbao, Spain with a total of five heavy-duty forklift trucks.The order was booked in Cargotec's 2019 Q1 order intake, with delivery scheduled to be completed early in Q3 of 2019, said a press release from the provider of cargo-handling solutions and services to ports and terminals.The customer already operates a number of older Kalmar forklifts at Bilbao and appreciates their reliable performance. The five new units will primarily be used to handle steel mill products such as plates and coils.Ignacio De Sebastian…

At the Marugame business headquarters Imabari Shipbuilding Co., Ltd., the 200,000-dwt ton Cape size bulker "CAPE SAPPHIRE" has been completed.The ship is compliant with the Common Structural Rules for Bulk Carrier (CSR-BC) for bulk cargo ships, and the main institution is equipped with an electronically controlled engine with enhanced anti-corrosion measures, in order to save energy, we have installed WAD (Weather Adapted Duct) in front of the propeller and Hybrid Fin behind the propeller.The vessel is equipped with a scrubber on the funnel to remove sulfur oxides from the gas discharged from the engine. The ship will be engaged in iron ore and coal transport for Japanese steel mill.Cape Sapphire Main ParticularsLOA: 299.95mWidth: 50mDepth: 24.70Draft: 18.32mDeadweight: 208…

Allard Castelein, the CEO of the Port of Rotterdam Authority, and Camilo Santana, Governor of the Brazilian state of Ceará, signed an investment agreement regarding the Port of Rotterdam Authority’s participation in the development of the port of Pecém.The agreement sets out how the Port of Rotterdam Authority will be investing some EUR 75 million in Pecém’s port-industrial complex, constituting a 30% share in this enterprise.In addition, the Port of Rotterdam Authority will gain a joint say in strategic and investment decisions as well as representation in the Brazilian port’s Executive Board, Supervisory Board and management.The partners…

Nouryon (formerly AkzoNobel Specialty Chemicals), Tata Steel and the Port of Amsterdam have joined together to study the feasibility of a large green hydrogen cluster in the Amsterdam region.According to a press release, the three parties consider green hydrogen as vital for reaching climate targets and building a more circular economy, for example by combining it with emissions from steel manufacture to make new products.As a first step, the parties will study the feasibility of a 100 megawatt water electrolysis facility to produce up to 15,000 tons of hydrogen per year as well as oxygen at Tata Steel’s IJmuiden site, near Amsterdam.

U.S. government moves to negotiate steel import quotas with its allies in exchange for tariff exemptions could leave them worse off than countries who have to pay the levy.Washington set tariffs of 25 percent on U.S. steel imports in March, but has since granted the European Union, Canada and Mexico temporary exemptions until June 1.It has also agreed permanent exemptions for Brazil, Australia, Argentina and South Korea in return for quotas.South Korea, for example, agreed to quotas restricting its steel sales to the United States by 30 percent…

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas. Once completed in summer 2018, the import terminal will be the largest LNG terminal in the Nordic countries and the second LNG terminal in Finland. Northern Finland’s gas and fuel market will be diversified as a new fuel – LNG – enabling deliveries to industry…

The 2017 Great Lakes shipping season begins today when the U.S.-flag tug/barge unit Dorothy Ann/Pathfinder departs her winter lay-up berth in Erie, Pa., and sails to Cleveland, Ohio, where she will initiate the shuttle of iron ore from Cleveland Bulk Terminal to the ArcelorMittal steel mill at the end of the navigable portion of the Cuyahoga River on Wednesday. The vessel will load approximately 15,000 tons that was mined from Minnesota’s Mesabi Iron Range. The next vessel to get underway will be the cement carrier Bradshaw McKee/St. Marys Conquest on March 1.

U.S. U.S. ports and our marine transportation system – and the hardworking men and women behind these operations – are essential drivers of the American economy. Every day, our ports and waterways handle millions of tons of domestic and international cargo, including food and agricultural products, petrochemicals and automobiles. In 2014 alone, $1.7 trillion worth of U.S. goods moved through our ports, representing 75 percent of imports and exports by weight. But ports, like our highways and bridges, face challenges.

SENNEBOGEN LLC has recently launched its new website, designed to turn the spotlight onto the users and the applications for purpose-built material handlers throughout the Americas. The new design provides a versatile platform that will allow the website to continue growing and adding new services to support its dealers and customers. SENNEBOGEN’s focus is clearly more on people here, not just machines. Their new version starts with the ways customers use SENNEBOGEN’s purpose-built material handlers to achieve the goals and purposes of their business.

A Brazilian federal court on Thursday ordered the suspension of activities at Vale SA's Port of Tubarão because of pollution concerns, halting the world's largest iron ore exporter's ability to ship more than a third of its output. The ruling by the court in Vitoria was made as part of a police investigation at the giant man-made port as Vale comes under increasing pressure over its environmental record in Brazil after a dam burst at a mine run by its Samarco joint venture in October, killing at least 17 people.

As GE celebrates the grand opening of its Mebane Customer Experience Center and a multimillion dollar manufacturing facility renovation, Maritime Reporter & Engineering News gets an advance look at a new product line that could save marine and oil and gas customers millions of dollars in lost time and equipment damage. GE Industrial Solutions CEO Bob Gilligan told GE employees, distributors, and state and local politicians that ultimately, the firm’s energy management business would more than double to $13 billion annually as GE moves to recapture the lead in that market space. Gilligan also predicts that once this sea change has been completed, GE will then be earning as much as 90 percent of its revenues from the industrial side of the ledger.