ACL Gets Over $30m of New Business
American Commercial Lines Inc. (ACL) has launched the organic growth initiative of its business strategy. ACL's organic growth model includes transporting more…
Congress Eyes Boost in Sub Production
The interest in increasing submarine production hasn't subsided since Democrats took control of Congress last month. In fact, several efforts are under way to increase…
Company Knew Tanker was Risk Before Erika Disaster
The four-month trial - the most complex of its kind in French history - may also turn into a trial of the globalized international shipping system. The aging and rusting ship…
Coast Guard Opens ICW After Fuel Dissipates
The Coast Guard opened the Intracoastal Waterway after the fuel that spilled earlier dissipated. Pollution Investigators from Coast Guard Marine Safety Unit Port…
Acquisitions for VT and Land Securities
Support services and shipbuilding company VT Group has acquired the US MILCOM Systems Corporation for $42.5m reported Citywire. Virginia-based MILCOM expects to…
Aker American Shipping SecuresFinancing for Tankers
Senior secured credit facility of $770m with Fortis closed at delivery of first tanker Aker American Shipping has, concurrently with the delivery of the first Product Tanker…
Production Cost of North Sea Oil and Gas Doubles
A chronic shortage of rigs and workers has doubled the cost of producing oil and gas in the North Sea, threatening to make the UK’s domestic oil industry uncompetitive…
This Day in Naval History - Feb. 13
1854 - Adm. Matthew Calbraith Perry anchors off Yokosuka, Japan, to receive the Japanese Emperor’s reply to a treaty proposal. 1913 - Naval Radio Station, Arlington, Va., begins operations.
STORK Bronswerk Inc changes name
Stork Bronswerk Inc., of Brossard, Quebec, Canada, a leader in the field of custom designed HVAC / Refrigeration Systems for the Marine and Offshore Industries as well as special applications, is plea
Omega to Expand Fleet
Omega Navigation Enterprises, Inc. will acquire two newbuilding Ice Class 1A Panamax product tankers. The vessels, which will be named the Omega Emmanuel and the…
RCL Majesty Undergoes Renovation
Royal Caribbean International's Majesty of the Seas returns home to South Florida after undergoing an extensive bow-to-stern renovation that includes several new dining and entertainment options.
Abbott Joins Seward & Kissel
Seward & Kissel LLP announced that James E. Abbott has joined the firm as a partner. He will be joining Seward & Kissel’s Corporate Finance Department to help lead its Business Transactions Group…
Cruise West Names Petrone Chief Marketing Officer
Cruise West, the largest American-owned cruise line and leader in small-ship cruising, has announced Al Petrone as its Chief Marketing Officer. Petrone has been…
Practical Checklist for MARPOL Requirements
Marine Pollution Prevention Pocket Checklist, jointly published by Lloyd’s Register and the UK P&I Club, aims to help masters and owners to comply with the various…
From Steel to Foam
Dawn breaks and envelops the northern New Jersey shoreline with a golden glow on an early December morning as a boat crew from Aids to Navigation Team New York braves…
Oil Spill Closes Intracoastal Waterway
The Intracoastal Waterway has been closed for six miles west of Lake Charles, La., due to an oil spill today initially estimated at 700 gallons. A watchstander at…
Vacon Strengthens Distribution in Russia
The Finland-based AC drives manufacturer Vacon has signed a distributor agreement with Ruselprom, one of the biggest motor manufacturing companies in Russia. Vacon…
Makin Island Takes Top Honor at Local Surface Line Competition
Crewmembers from Pre-Commissioning Units (PCU) Makin Island (LHD 8) and Mesa Verde (LPD 19) wrapped up the first Pascagoula Surface Line Week (SLW) competition on Feb.
Diamond Offshore Reports 4Q Results
Deepwater drilling company Diamond Offshore announced fourth quarter and full-year earnings. Results were solid, with revenues and earnings showing big increases…
Vinalines Plans to Expand Fleet
A company official said Vinalines would continue to invest in building new seaports in Dinh Vu, off the northern port city of Hai Phong, in Quang Ninh Province; Hiep Phuoc in HCM City…