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Cranford, N.J., based Weeks Marine, Inc. (WMI), a major construction contractor with deep roots in the New York maritime community, has purchased leading Canadian heavy civil marine contractor and tunneling company McNally Construction, based in…
The Maritime Administration (MarAd) has announced the approval of a $210.9 million Title XI loan guarantee supporting the recent construction of two articulated tug-barge units that are currently in performing opertions on the Delaware Bay.…
Products tanker operator Omega Navigation Enterprises Inc. (NASDAQ:ONAV) says that it and certain of its subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the…
Armed robbers are climbing on board ships anchored in the vicinity of Barcelona City, Venezuela, under cover of darkness. There have been cases in which the crew has been gagged, threatened with high caliber weapons…
According to Braemar Seascope's latest Containership Fleet Statistics, 2012 looks set to be the biggest year for containership newbuilding deliveries in history, in terms of TEU capacity entering the cellular fleet. Boxship deliveries from world…
International tanker shipping company Concordia Maritime has developed a smartphone app that it says is "a shortcut to information about our share price, financial performance, our fleet and much more.""We always strive to make it…
STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS, has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated with OZ Management…
House Transportation Committee leaders have rolled out a new six-year transportation reauthorization proposal that , they say, streamlines and reforms federal programs, expedites the project approval process, maximizes leveraging of limited resources, provides flexibility for…
Small ship cruise specialist American Cruise Lines reports that it has been awarded a contract by the Glacier Bay National Park to operate in the famed Alaskan park, making the line one of only several…
This coming July 10th marks the 26th anniversary of the bombing and sinking of Greenpeace International’s original Rainbow Warrior.  More than a quarter of a century and EURO 23.3 million later, the environmental organization’s new…
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