Kirby Corporation eyes future inland marine acquisitions

JULY 27, 2017 — Kirby Corporation (NYSE: KEX) announced net earnings for the second quarter ended June 30, 2017 of $25.8 million, or $0.48 per share, compared with $38.9 million, or $0.72

VIDEO: Peace Boat’s Ecoship project moves ahead

JULY 27, 2017 — Japanese based NGO Peace Boat is making progress with its plans to build and operate the Ecoship, the world’s greenest cruise ship, as the platform for its worldwide

Matson introduces direct service between Honolulu and Marshalls

JULY 27, 2017 — Matson, Inc. (NYSE: MATX) will introduce a new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands that will shorten cargo transit times to

Philly Shipyard delivers another LNG-ready Jones Act tanker

JULY 27, 2017 —Philly Shipyard, Inc. yesterday delivered the American Liberty, the third of four next generation 50,000 dwt product tankers that it is building for Kinder Morgan, Inc. subsidiary American Petroleum

Shipyard labor contractor allegedly broke eligibility verification rules

JULY 26, 2017 — The U.S. Department of Justice filed a lawsuit today against Louisiana-based companies Technical Marine Maintenance Texas LLC, which provides contract shipyard labor, and Gulf Coast Workforce LLC, a

Mediterranean migrant death toll still high

JULY 26, 2017 — Though lower than last year, the official count of deaths among migrants and refugees attempting to reach Europe via the Mediterranean remains extremely high. IOM, the UN Migration

ABS joins Unmanned Cargo Ship Development Alliance

JULY 26, 2017 — Classification society ABS has joined the Unmanned Cargo Ship Development Alliance. Recently launched in Shanghai, China, the group plans to have an unmanned cargo ship in the water

MacGregor books big order for Bangladesh FSRU project

JULY 26, 2017 — MacGregor, part of Cargotec, has signed an order for on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve the

NRC Canada showcases progress made on U.S. polar icebreaker tests

JULY 26, 2017 — The National Research Council of Canada (NRC) is playing an important role in helping define requirements for the U.S. Coast Guard’s next polar icebreaker. Today, the NRC hosted representatives

Drewry: FSRUs currently offer better returns than LNG ships

JULY 26, 2017 — Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to

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