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...
Great Lakes
Eureka Shipping to Launch Eco-Friendly Cement Carrier in the Great Lakes
Eureka Shipping, a joint venture between SMT Shipping and The CSL Group, has announced the construction an innovative mechanical/pneumatic cement ship to help reduce emissions from Great Lakes shipping. The…
https://gcaptain.com/eureka-shipping-to-launch-eco-friendly-cement-carrier-in-the-great-lakes/
U.S. and Canada Sign Historic Agreement to Boost Vessel Traffic Services in the Great Lakes Region
U.S. and Canadian authorities have signed Cooperative Vessel traffic Service (CVTS) Memorandum of Understanding (MOU) aimed at bolstering the safety and efficiency of maritime traffic across the Great Lakes Marine…
US-Flag Laker Suffers ‘Marine Casualty’ in Michigan
A U.S.-flagged cargo vessel, the American Mariner, collided with the Mud Lake Junction Light in Munuscong Lake, Michigan, earlier today. The U.S. Coast Guard reported that the 714-foot bulk cargo ship…
https://gcaptain.com/us-flag-laker-suffers-marine-casualty-in-michigan/
Major Fire on Historic Canadian Lake Bulk Carrier MV Cuyohoga
A Canadian-registered lake bulk carrier is on fire at the Port of Ashtabula, located on Lake Erie in Ohio. The U.S. Coast Guard said USCG personnel are responding to the…
https://gcaptain.com/major-fire-on-historic-canadian-lake-bulk-carrier-mv-cuyohoga/
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
Great Lakes Labor: Filipino Mariners Can Now Sail On Canadian Merchant Ships
by John Konrad (gCaptain) In a move to tackle an acute mariner shortage accentuated by the rapid retirement of boomers, Canada has signed an unprecedented agreement with the Philippines, allowing…
https://gcaptain.com/great-lakes-labor-filipino-mariners-can-now-sail-on-canadian-merchant-ships/
Shipwrecks: Mystery Of Missing Great Lakes Lumber Company Fleet Solved
For more than 30 years, researchers have been exploring the depths of Lake Superior in search of vessels lost to time. The area off the coast of Grand Marais, Michigan,…
https://gcaptain.com/shipwrecks-mystery-of-missing-great-lakes-lumber-company-fleet-solved/
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/