USCG closes section of Illinois River

DECEMBER 30, 2015 — The Coast Guard says that it has closed a portion of the Illinois River from mile marker 0 to 50, to all traffic, due to hazardous conditions on

NuStar already loading first post-ban U.S. crude export

DECEMBER 30, 2015 — NuStar Energy (NYSE: NS) and ConocoPhillips (NYSE: COP) look to have beaten out Enterprise Products Partners L.P. (NYSE:EPD) in the race to load the first export cargo of

Carnival inks four cruise ship agreement with Fincantieri

DECEMBER 30, 2015 — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reports that it has signed a memo of agreement with Italian shipbuilder Fincantieri S.p.A. to build four new cruise ships

USCG issues alert on dangers of unmarked dredge pipe

DECEMBER 30, 2015 — The U.S. Coast Guard has issued a safety alert reminding recreational boaters and commercial vessel operators to use caution when operating their vessels near areas where dredging operations

Philly Shipyard lines up $150 million Cat Financial loan

DECEMBER 30, 2015 — Philly Shipyard, Inc. reports that it has signed a commitment letter with Caterpillar Financial Services Corporation (Cat Financial) for a $150 million loan facility to finance the construction

Eastern delivers first in a series of Z-Tech tugs

DECEMBER 30, 2015 — Eastern Shipbuilding, Panama City, FL, reports that it delivered the escort tug Triton to Suderman & Young Towing Company earlier this month. The vessel is one of a 

Gulf Island to acquire LEEVAC assets

DECEMBER 30, 2015 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) reports that it has executed an asset purchase agreement with LEEVAC Shipyards, LLC and its related affiliates  under which LEEVAC will sell

VIDEO: CMA CGM Bejamin Franklin calls Los Angeles

DECEMBER 29, 2015 — The 18,000 TEU containership CMA CGM Benjamin Franklin became the largest cargo ship ever to call a U.S. port when it arrived in Los Angeles on December 26

USCG closes section of Upper Mississippi River

DECEMBER 29, 2015 — The Coast Guard said today that it had closed a portion of the Upper Mississippi River to all vessel traffic from mile markers 184 to 179, due to

Veteran research vessel has new owner, new name

DECEMBER 29, 2015 — The Annapolis, MD, based Eclipse Group, Inc. has acquired the R/V New Horizon, a 170 ft U.S. flagged research vessel delivered from what was then the Atlantic Marine

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