Farstad strengthens its position in Brazil

Norway’s Farstad Shipping ASA has reached an agreement with Brazil’s Petroserv S.A. that will see it buy Petroserv’s 50 percent share in BOS Navegação S.A. for $56.5 million. The deal will give

New Port Aransas ferry starts service

The first two of a new class of vessels designed by Seattle-based Elliott Bay Design Group LLC (EBDG) and built for the Port Aransas Ferry Service by Southwest Shipyard LP went into

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Rand Logistics to add Canadian flag bulker

Rand Logistics, Inc. (Nasdaq:RLOG)) today announced that it has signed a binding asset purchase agreement, that will see its subsidiary, Lower Lakes Towing Ltd. acquire the Maritime Trader, a Canadian flagged dry