(tradeonlytoday.com) Nordic Tugs plans to restart production to provide products for spring deliveries, the company announced. The Burlington, Wash.-based company is continuing to take orders during the temporary suspension of production that it announced in August. Nordic Tugs boat owners, dealers and service yards are receiving parts and service support. Most employees were to be … Continue reading “Nordic Tugs to resume production”
Category: Boats
Great Lakes Limestone and Coal Trade Up
Maybe a good sign… Great Lakes Limestone and Coal Trade Up Lakes Limestone Trade up 16% in September Shipments of limestone on the Great Lakes totaled 3,461,606 net tons in September, an increase of 3.6 percent compared to August, and 16 percent better than a year ago. However, the trade was down 10.7% compared to … Continue reading “Great Lakes Limestone and Coal Trade Up”
Island Pilot 335
Not Good
Nordic Tugs to temporarily close Washington plant Nordic Tugs announced that it will temporarily close its Burlington, Wash., manufacturing plant on Tuesday. Most employees will be furloughed, according to a company statement, but a skeleton staff will remain to field customer inquiries and maintain the plant to keep it prepared to resume production when business … Continue reading “Not Good”
Largest Yacht Ever Built in the U.S.
Container ship deliveries to hit record in July
Probably yet another good sign… Container ship deliveries to hit record in July Deliveries of new containerships will hit a record monthly high of 200,000 20-foot equivalent units (TEUs) in July, extending a year long influx of capacity that may stall the recent rise in ocean freight rates, a leading analyst said. The previous record … Continue reading “Container ship deliveries to hit record in July”
Mærsk reactivates laid up container vessels
Probably a another good sign… Mærsk reactivates laid up container vessels A.P. Møller-Mærsk has reactivated all six container carriers that have been laid up in Scottish Loch Striven for more than a year. The rates for container transportation have increased and there is now a huge demand for container carriers. Five of the laid up … Continue reading “Mærsk reactivates laid up container vessels”
Great Lakes Iron Ore Trade Up 106% in May
Probably yet another good sign… Lakes Iron Ore Trade Up 106% in May Iron ore shipments on the Great Lakes totaled 6.3 million net tons in May, an increase of 16.4% over April, and an increase of 106% compared to a year ago. Shipments were also up 4.6% compared to the month’s five-year average. May … Continue reading “Great Lakes Iron Ore Trade Up 106% in May”
Nordic Tug 39
Evergreen plans to purchase 100 new cargo ships
Probably a another good sign… Evergreen plans to purchase 100 new cargo ships amid recovery Taipei, June 2 (CNA) The chairman of the Evergreen Group, a Taiwan-based shipping conglomerate, has confirmed that its maritime shipping unit will order 100 new ships to modernize its fleet amid the global economic recovery. “It will take at least … Continue reading “Evergreen plans to purchase 100 new cargo ships”