APRIL 2, 2015 – Private equity firm KRG Capital Partners has sold its majority stake in Paducah, KY, headquartered tug and towboat operator Marquette Transportation Company Holdings, LLC to BDT Capital Partners,
MARCH 18, 2015—Sheffield, U.K., headquartered Bestobell Marine has received a major new order from Wärtsilä Fuel Gas Handling Division (FGH), to supply the Middle East’s first LNG (liquefied natural gas) fueled harbor
MARCH 4, 2015—VT Halter Marine, Inc., Pascagoula, MS, recently launched the Articulated Tug Barge (ATB) tug Kim M. Bouchard, the first of two ATB tugs under a major expansion program for Bouchard
FEBRUARY 25, 2015—It was an historic day for the U.S. maritime industry as Conrad Orange Shipyard, Inc., Orange, TX, a division of Conrad Shipyard, LLC, Morgan City, LA, signed a contract with
FEBRUARY 12, 2015—Morgan City, LA-based Conrad Shipyard received the NASA Space Flight Awareness Supplier Award for its performance for its work on the conversion of the NASA Pegasus barge. The award honors
FEBRUARY 2, 2015 — Tug and barge operator Harley Marine Services has installed an 8 m by 6 meter industrial grade LCD screen “media wall” in the communication center at its new
JANUARY 29, 2015 — Houston-headquartered tank barge operator Kirby Corporation (NYSE: KEX) yesterday announced record net earnings for the quarter ended December 31, 2014 of $68.1 million, or $1.19 per share, compared
JANUARY 28, 2015— Wärtsilä has signed a contract to supply three large new escort tugs for Norwegian operator Østensjø Rederi with Wärtsilä dual-fuel (DF) engines integrated with a customized gas storage and
JANUARY 28, 2015—Last quarter, Signet Maritime, Pascagoula, MS, took delivery of its 72 ft Azimuth Stern Drive (ASD) tug Signet Vigilant. The ninth ASD added to Signet’s fleet in the last four
JANUARY 27, 2015 — CORIMA, the Ancona unit of Italy’s Gesmar Group, has ordered a 60 t bollard pull ASD 2810 tug from Damen Shipyards Group. The FiFi 1 tug will be
