PODCAST: Liberian Registry on how quality, compliance and technology work together

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 sells Azamara brand

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

MARAD authorizes construction of two more NSMVs

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

Seaway System reports strong 2020 season

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 provided Purus with ammonia carrier acquisition financing

CIT serves as sole lead arranger of $56 million financing for containerships

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

Svitzer Australia takes delivery of ASD tug

Recently delivered by the ASL Shipyard, Singapore, the Robert Allan Ltd. designed RAstar 3000-W series ASD tug Svitzer North has been built to a design developed in close co-operation with Svitzer’s operations

Marine Log to hold second virtual TTB event in March

Registration is now open for Marine Log’s annual TTB—Tugs, Towboats & Barges conference, the only event dedicated exclusively to the tug, towboat and barge segments of the U.S. maritime transportation industry. The

NTSB report report implicates cell phone use

NTSB reports on contact of tanker with multiple vessels on Lower Mississippi

The National Transportation Safety Board has issued its report on an incident in which a fully laden product tanker plowed into moored vessels, barges and wharves causing some $40.5 million of damages.

TTB: What to do when the bottom falls out: Everything you hope you’ll never need to know about restructuring

In the past year, the tug and barge industry has seen one of its biggest names wind up in a bankruptcy case that’s been anything but a neatly prepackaged restructuring. Others have

Port Everglades welcomes first cargo ship to transit Marine Highway M-10

The U.S.-flagged containerized cargo ship National Glory today became the first ship to transit on the newly MARAD-designated Marine Highway M-10 from Houston to Port Everglades to Puerto Rico. Owned by National

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