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APRIL 2, 2015 – Private equity firm KRG Capital Partners has sold its majority stake in Paducah, KY, headquartered tug and towboat operator Marquette Transportation Company Holdings, LLC to BDT Capital Partners, LLC, a private…
APRIL 2, 2015 – Setting in the scene for all kinds of behind the scenes lobbying, IMO has announced the names of six contenders nominated by their governments to succeed Koji Sekimizu as Secretary-General of…
April 2, 2015 – When Harvey Gulf International Marine made maritime history by becoming the OSV owner/operator to bunker LNG as a marine fuel in North America, USMRC (the United States Maritime Resource Center), Middletown,…
APRIL 2, 2015 — Lockheed Martin reports that the U.S. Navy has issued a Lockheed Martin-led industry team a contract modification for one fully funded 2015 Littoral Combat Ship (LCS) valued at $362 million, along…
APRIL 1, 2015 —The National Transportation Safety Board today released its "Safer Seas 2014: Lessons Learned From Marine Accident Investigations" report. Safer Seas is a compilation of accident investigations that were published in 2014, organized…
APRIL 1, 2015 —The U.S. Navy has awarded funding for the construction of DDG 122, the FY 2015 Arleigh Burke-class destroyer under contract at General Dynamics Bath Iron Works. This $610.4 million contract modification fully…
APRIL 1, 2015 — Austal USA reports that the U.S. Navy has issued a modification to Contract N00024-11-C-2301 that funds the last two ships of the Independence-variant Littoral Combat Ship (LCS) Block Buy Contract for…
APRIL 1, 2015 —The Australian Transport Safety Bureau (ATSB) has issued the report of its investigation into a November 8, 2014 incident onboard an LNG carrier at anchor in Dampier that underscores the fact that…
APRIL 1, 2015 — Yesterday, Houston headquartered, Oslo listed, drilling contractor Northern Offshore reported it had negotiated a nine month delay in the deliveries of two high specification LeTourneau Super 116E Class jack-up drilling rigs,…
MARCH 30, 2015 — Huntington Ingalls Industries (NYSE:HII) reports that its Ingalls Shipbuilding division has received a $499.8 million fixed-price incentive contract from the U.S. Coast Guard to build an eighth National Security Cutter, Midgett…
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