Author: Administrator

  • News

Weeks Marine buys Canada’s McNally Construction

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

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OSG gets Title XI Loan Guarantee

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

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Omega Navigation files for Chapter 11 protection

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

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Concordia Maritime offers smartphone app

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

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STX Europe cuts STX OSV stake to 50.7%

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