More barges joined U.S. inland fleet in 2010
The U.S. inland barge fleet expanded 2 percent during 2010. The fleet expanded mainly for the fleet that increased in count for the first time since 1998. There were 873 new barges
Author: Administrator
Construction of new sternwheeler is ahead of schedule
American Cruise Lines reports that construction of its new 140 passenger Mississippi sternwheeler at Chesapeake Shipbuilding in Salisbury,Md., is well underway and ahead of schedule. The hull is nearly complete and the
Israel intercepts weapons shipment
Israel Defense Forces (IDF) have seized a containership loaded with weaponry. The Liberian-flagged Victoria was intercepted yesterday morning some 200 miles west of Israel’s coast. The ship is managed by Peter Doehle
Northrop Grumman board approves spin-off of shipbuilding business
Northrop Grumman Corporation (NYSE: NOC) today announced that its board of directors has approved the spin-off of its wholly owned subsidiary, Huntington Ingalls Industries, Inc. (HII), to Northrop Grumman stockholders, subject to
Japan Drilling Company places $210 million jack-up order at Keppel FELS
Japan Drilling Company has placed its first newbuild offshore drilling rig order in six years. It has awarded Singapore’s Keppel FELS shipyard a contract worth about $210 million for a KFELS Super
Sanko and Hellespont form offshore service vessel JV
Sanko Steamship and Hellespont Group have set up a manning and ship management joint venture to serve their offshore service vessel fleets.The Singapore-based JV company, Sanko-Hellespont Offshore Management Pte. Ltd. is owned
Indian Navy neutralizes mother ship, seizes 61 pirates
The Indian Navy has put a Somali pirates mother ship out of business and detained 61 pirate suspects.Here’s the Indian Navy version of what happened. On the night of 12th Mar 11,
Seaspan and Carlyle Group in $5 billion ship acquisition joint venture
Seaspan Corporation, the Washington family, Gerry Wang and Graham Porter are partnering with the Carlyle Group and Tiger Group Investments to acquire more than $5 billion of ships. The joint venture –
Ports in northeast Japan devastated by earthquake
The devastating earthquake and tsunami have caused extensive damage to the ports in northeastern Japan. These ports include Kashima, Hitachinaka, Hitachi, Onahama, Soma, Sendai, Shiogama, Ishinomaki, Kesennuma, Ofunato, Kamashi, Miyako and Hachinohe,
Kirby Corporation swoops on K-Sea in $600 million acquisition
Inland tank barge giant Kirby Corporation (NYSE:KEX) is going coastal. It has entered a definitive agreement that will see coastwise tank barge operator K-Sea Transportation Partners L.P. (NYSE:KSP) become a wholly-owned Kirby