LNG yields years of additional competitive advantage for Poseidon Principle loans

New analysis from the SEA-LNG coalition demonstrates how ships that are fueled by LNG, rather than conventional fuels, can benefit for up to eight years of emissions compliance for preferable asset financing

Vigor gets $17.86 million Navy contract mod

Vigor Marine LLC, Portland, Oregon, has been awarded a $17,861,520 modification to a previously awarded contract to support the extended drydocking selected restricted availability of the Ticonderoga class guided missile cruiser USS

Thrustmaster auxiliary propulsion units selected for Navy’s new guided missile frigate

Thrustmaster of Texas Inc. reports that it has been awarded a contract by shipbuilder Fincantieri Marinette Marine (FMM) for the design, development and manufacture of the auxiliary propulsion unit (APU) on the

Treasury sanctions list includes Putin's yachts

Shipowners and P&I clubs turn to predictive intelligence to ensure sanctions compliance

While sanctions-busting countries continue to find new way to cloak their maritime activities, the shipping industry faces increasing sanctions compliance requirements from agencies such as the U.S. Treasury’s Office of Foreign Assets

Israel Shipyards orders MAN propulsion packages for OPV duo

MAN Energy Solutions has won a contract to supply complete propulsion packages for two OPV-45 offshore patrol vessels currently under construction at Israel Shipyards in Haifa. The contract covers two identical shipsets,

J.F. Brennan gains ISO certificates in three key areas

La Crosse, Wis., headquartered J.F. Brennan Company Inc. has received International Organization for Standardization (ISO) certification to three separate international standards: ISO 45001—Occupational Health and Safety ManagementISO 9001—Quality ManagementISO 14001—Environmental Management Accreditation

Cargill in wind propulsion initiative

Agribusiness giant Cargill, one of the world’s top charterers of ships, is continuing to put its considerable weight behind efforts to decarbonize shipping. In its latest move in this direction it has

Kirby

Kirby earnings hit by COVID-19 and hurricanes

America’s largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX), today reported third quarter net earnings of $27.5 million, or $0.46 per share, compared with net earnings of $48.0 million or $0.80

Canada rolls out new marine navigation safety regs

Canadian Minister of Transport Marc Garneau today announced that the Government of Canada has published its new Marine Navigation Safety Regulations, 2020. They apply to commercial vessels of all sizes, including fishing

Hendricks River Logistics restructures terminal services

As coal shipments on U.S. inland waterways continue to decline, terminals at which coal was a primary commodity are having to diversify their business. Hendricks River Logistics, located at Keokuk, Iowa, at

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