Breaking News

April 24, 2015
Ingram Barge's David Sehrt is new AWO Chairman
APRIL 24, 2015 — David G. Sehrt, Chief Operating Officer and Senior Vice President of Ingram Barge Company, was elected Chairman of the American Waterways Operators, the national trade association representing the tugboat, towboat and barge...
April 24, 2015
Veecraft building two oilfield security vessels for Nigeria
APRIL 24, 2015 —South African shipyard Veecraft Marine is building two Incat Crowther designed, aluminum hulled commercial oilfield security vessels for UTM Dredging Ltd. a privately held Nigerian company. According to Incat Crowther there are...
April 24, 2015
Algoma buys self-unloader, orders two Equinox newbuilds
APRIL 24, 2015 — Canada's Algoma Central Corporation is expanding its fleet by ordering two more newbuild Equinox class ships and by acquiring a 2009-built handy size self-unloading ocean class vessel, the Gypsum Integrity, from USG Corporation...
April 24, 2015
Spanish ferry owner signs up for carbon credit program
APRIL 24, 2015 — Spanish ferry operator Baleària has enrolled its passenger ferry Martin i Soler into an AkzoNobel scheme that financially rewards shipowners by enabling them to generate income in the form of carbon credits earned by reducing...
April 24, 2015
Cecon ASA to file for bankruptcy
APRIL 24, 2015 — Norwegian construction vessel company Cecon ASA is filing for bankruptcy. The company is probably best known to Marine Log readers for the saga involving the three newbuilds that it ordered from Canada's Davie shipyard in 2007...
April 24, 2015
EU plans to tackle migrant crisis
APRIL 24, 2015 — With migrant deaths in the Mediterranean soaring,  a special meeting of the European Council yesterday saw ministers pledge that the European Union "will mobilize all efforts at its disposal to prevent further loss of life at...
April 23, 2015
NASSCO gets $31.7 million mod to LHA 6 contract
APRIL 23, 2014 — General Dynamics, National Steel and Shipbuilding Co. (NASSCO), San Diego, CA, has been awarded a $31,773,194 modification to previously awarded cost-plus-incentive-fee contract (N00024-13-C-4404) for USS America (LHA 6)...
April 23, 2015
Turbine sticker shock delays Virginia offshore wind project
APRIL 23, 2014 —Back in March the Bureau of Ocean Energy Management (BOEM) announced today that it had executed its first wind energy research lease with the Commonwealth of Virginia's Department of Mines, Minerals and Energy (DMME). At the...
April 23, 2015
Gypsum giant sheds ships
APRIL 23, 2015 — Chicago based building products giant  USG Corporation (NYSE:USG) says it has entered into agreements to sell the two ships in its non-core shipping business, Gypsum Transportation Limited (GTL), for $42 million. The sales of...
April 23, 2015
Navios acquires 14 ships from HSH Nordbank debtors
APRIL 23, 2015 — Navios Maritime Holdings Inc. (NYSE: NM), Navios Maritime Acquisition Corporation (NYSE: NNA) and Navios Maritime Partners L.P. (NYSE: NMM) have executed a binding letter of intent to acquire 14 vessels from debtors of HSH...