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Horizon Lines, Inc. (OTCQB: HRZL) reports financial results for the fiscal fourth quarter ended December 25, 2011 that include a 2010 fourth-quarter net loss from continuing operations of $43.6 million, or $35.49 per basic share,…
SEAJON, LLC, a partnership between SEACOR Holdings Inc. and Donjon Marine Co., Inc., held an open house April 10 at the Donjon Shipbuilding and Repair facility in Port Erie, Pa., for news media and local…
Horizon Lines, Inc. (OTCQB: HRZL) says that it has completed transactions with more than 99 percent of its noteholders, and with Ship Finance International Limited, to substantially deleverage the company's balance sheet and terminate vessel…
IHC Merwede has put together the financing it needs to get started on a major shipbuilding export project. As we reported in March, IHC Offshore & Marine has signed two contracts with Malaysian offshore operator…
The U.S. Coast Guard, together with the Louisiana Department of Envrionmental Quality and Plaquemines Parish, is responding to a report of a fuel oil discharge, Tuesday, on the lower Mississippi River near mile marker 84,…
Cargotec has received an order to supply a total of twenty 150-tonne electric MacGregor winches for two pipe-laying heavy-lift offshore construction vessels (N448 & N449) which are currently being constructed  at Cosco (Nantong) Shipyard Co…
"The LNG sector together with the offshore shuttle tankers market will be playing a growing role in our company's affairs going forward," says Mr. Nikolas P. Tsakos, President & Chief Executive Officer of Athens headquartered…
Crowley Maritime Corporation reports that Julia Shemesh has been promoted to vice president and deputy general counsel. Ms. Shemesh will remain in Seattle, Wash., and will continue reporting to Michael Roberts, senior vice president and…
Within days of the launch of its newbuild 50,000 dwt semi-submersible vessel, Finesse, Rotterdam headquartered Fairstar Heavy Transport N.V. reports that sister ship Forte has departed the quayside at Guangzhou Shipyard International and begun a…
School leaders from several maritime-themed high schools throughout the U.S. will gather at the Maritime Academy of Toledo, Toledo, Ohio, for two days this week as part of a national project to develop a maritime…
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