New risks add to pressures on container market

“The mood-music surrounding the container market has deteriorated further in the last three months,” says Drewry Shipping Consultants, which has downgraded its outlook for world container port throughput for the current year

Shipyard ceremony marks start of LCS 27 construction

Lockheed Martin (NYSE: LMT) and shipbuilder Fincantieri Marinette Marine have marked the start of construction on Littoral Combat Ship (LCS) 27, the future USS Nantucket. In a ceremony at the shipyard, a

St. Louis region ports make major infrastructure investments

The four public ports in the St. Louis region are making an infrastructure investments of more than $20 million to attract site selectors looking for property with access to the inland waterways,

Seaspan Shipyards makes VP appointment

Seaspan Shipyards, North Vancouver, B.C., has appointed Amy MacLeod as its new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic

Laborde Marine adds two crewboats to managed fleet

New Orleans based Laborde Marine Management, LLC has assumed the management of two crewboats owned by Boat Services of Galveston, LLC, effective October 1. With the addition of the 150 ft Ms,

Mavericks purchases seven Ingram Barge harbor boats

Mavericks Towboat Solutions has purchased seven harbor boats from Ingram Barge Company in the St. Louis harbor. Mavericks is a joint venture between Inland Marine Service (IMS) and James Marine and this

Port of Mobile deepening and widening project moves ahead

An agreement signed October 2 by the Alabama State Port Authority and the U.S. Army Corps of Engineers marks another step forward in plans to deepen and widen the Port of Mobile.

Canal Barge agrees to buy PBSG towboats

New Orleans headquartered Canal Barge Company reports it has reached agreement with Pine Bluff Sand and Gravel (PBSG) to acquire five of its towboats and to offer employment to its 80 professional

Transocean rig is world’s first hybrid floating drilling unit

Transocean Ltd. (NYSE: RIG) reports that it has successfully deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged

Foremost Group takes delivery of eco-friendly bulker

Privately-owned American dry bulk shipping company Foremost Group has taken delivery of a new 85,004 metric tons deadweight post-Panamax bulk carrier, the M/V Ting May The eco-friendly post-Panamax ship will be immediately

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