FEBRUARY 6, 2014 — Louisiana Governor Bobby Jindal and Louisiana Economic Development (LED) have persuaded International Shipholding Corporation (NYSE:ISC). to relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the
FEBRUARY 6, 2014 — A National Transportation Safety Board (NTSB) accident report says that a bollard failure at BAE Systems Mobile, AL, shipyard is the probable cause of the April 3, 2013,
FEBRUARY 6, 2014 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has purchased property in Moss Point, MS, where the former 84 Lumber was located. The acquisition of the property closed on
FEBRUARY 6, 2014 — All those post-Panamax ships that shipowners have been ordering may not be able to pass through an expanded Panama Canal as early as projected. There has been a
FEBRUARY 5, 2014 — Eastern Shipbuilding Group’s Allonton Shipyard, Panama City, FL, last month launched the sixth of twelve offshore service vessels it is building for Hornbeck Offshore Services. The vessel, the
FEBRUARY 5, 2014 — The most recent Annual Report from offshore services giant Tidewater Inc. (NYSE:TDW) was full of all sorts of imagery of runners, with the one sporting the company’s logo
FEBRUARY 5, 2014 — Sliedrecht, the Netherlands, headquartered IHC Merwede is to start construction of the largest trailing suction hopper dredge that it has ever produced. It has been ordered by China’s
FEBRUARY 5, 2014 — The National Transportation Safety Board will hold a public forum on cruise ship safety and oversight on March 25-26 in Washington, DC. “Cruising is a rapidly growing segment
FEBRUARY 5, 2014 — Having just acquired 15 Maersk VLCCs, Antwerp, Belgium, Euronav (NYSE EURONEXT: EURN) is looking to go shopping for some OSG tonnage — with the help of private equity
FEBRUARY 4, 2014 — Offshore drilling contractor Ensco plc (ESV) has sold its two remaining cold-stacked jack-up rigs for $33 million. The net book value of the two rigs, ENSCO 69 and