Sterling Shipyard LP, Port Naches, Texas, has been awarded an $8,980,400 firm-fixed-price contract for services to build, test, and deliver a new deck barge that will be paired with a government purchased
The U.S. Department of Transportation’s Maritime Administration (MARAD) yesterday announced the availability of $19.6 million in Federal funding for U.S. shipyards through the Small Shipyard Grant Program. The grants, which are limited
Maritime ropes manufacturer Lankhorst Ropes has introduced what it says is “the world’s easiest and quickest towing and mooring connection.” Called Lankoloop, it uses a simple knot and eye connection to complete
The Port of Houston yesterday received notification from the U.S. Army Corps of Engineers (USACE) that it has been awarded a “new start” designation and $19.5 million in federal funds to begin
New Orleans headquartered Turn Services—one of the largest independent barge fleeting and shifting companies in the U.S.—reports that it has now completed its acquisition of the assets and business of Bayou Fleet
In this edition of Marine Log’s Listen Up! podcast, Alfonso Castillero, chief operating officer of the Liberian International Ship & Corporate Registry, the U.S.-based manager of the Liberian Registry, gives us some
Royal Caribbean Group (NYSE: RCL) reports that it has entered into a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and
The U.S. Department of Transportation’s Maritime Administration (MARAD) today authorized the construction of two additional National Security Multi-Mission Vessels (NSMV). The two ships, funding for which was approved in the massive omnibus
U.S. and Canadian ports in the Great Lakes-St. Lawrence Seaway system reported that overall tonnage during the 2020 navigation season was down just 1.7% compared to the 2019 navigation season, despite facing
CIT Group Inc. (NYSE: CIT) reports that its maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II LLC. The