Eureka Shipping unveils cement carrier for Great Lakes trade

Rendering of a new cement carrier ordered by Eureka Shipping from the Holland Shipyards Group

Eureka Shipping, a company jointly owned by Cyprus-based SMT Shipping and Canadian shipping operator the CSL Group, has placed an order for a new mechanical/pneumatic cement ship destined for operation in the Great Lakes. The 12,500DWT vessel will replace two older vessels while maintaining the...

https://www.bairdmaritime.com/ship-world/dry-cargo-world/eureka-shipping-unveils-cement-carrier-for-great-lakes-trade/

GLDD ends year with $1.04 billion backlog

Houston-headquartered dredging giant Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) yesterday reported financial results for the quarter and year ended December 31, 2023. The numbers seemed to please investors, with the company’s share price up by 17.8% at the end of the trading day.

HIGHLIGHTS

Fourth quarter 2023 results

  • Revenue was $181.7 million
  • Total operating profit was $30.5 million
  • Net income was $21.6 million (includes $5.6 million gain related to the termination of an offshore wind...

https://www.marinelog.com/inland-coastal/dredging/gldd-ends-year-with-1-04-billion-backlog/

Port of Oswego gets $4 million for cargo-handling and rail upgrades

The Port of Oswego, located on Lake Ontario along the New York shoreline, has received a $4 million federal grant to acquire new cargo handling equipment and improve rail infrastructure.

Funding from the U.S. Commerce Department’s Economic Development Administration (EDA) will enable the port to increase export capacity, which will in turn benefit local businesses seeking access to global export markets.

Commodities handled at the port include aluminum, steel, agricultural products, salt,...

https://www.freightwaves.com/news/port-of-oswego-gets-4-million-for-cargo-handling-and-rail-upgrades

Historic Schooner Barge ‘Ironton’ Discovered Fully Intact in Lake Huron

Researchers have discovered the intact wreck of the sailing ship Ironton in Lake Huron, magnificently preserved by the lake’s cold freshwater for more than a century. The 191-foot Ironton sank in September 1894 in a collision that took the lives of five of the ship’s crew. Accounts from the wreck’s two survivors provide details about the loss of the vessel in an area known as “Shipwreck Alley”—known for its treacherous waters that have claimed the lives of many sailors. But the exact location...

https://gcaptain.com/historic-schooner-barge-ironton-discovered-fully-intact-in-lake-huron/

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