Kirby reports increased second quarter earnings

JULY 24, 2013 — Kirby Corporation (NYSE: KEX), the largest U.S. domestic tank barge operator, reported second quarter results that saw net earnings $63.1 million, or $1.11 per share, compared with $47.6

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Ingalls delivers DDG 1001 launch system assemblies

JULY 24, 2013 — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has delivered the final aft peripheral vertical launch system (PVLS) assemblies to the U.S. Navy for the Zumwalt-class destroyer Michael Monsoor

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Scorpio Bulkers orders its first ships

JULY 24, 2013 — The newest member of Emanuele Lauro’s Scorpio Group, Scorpio Bulkers Inc., which listed on the Oslo OTC just this month under the symbol SALT, reports that it has

MarAd announces Small Shipyard Grants

JULY 24, 2013—The U.S. Department of Transportation’s Maritime Administration (MarAd) announced grants totaling $9.46 million to help improve 12 shipyards in 10 states.  The grants, provided through the Small Shipyard Grant Program,

$10.4 million criminal fine in pollution case

JULY 24, 2013 — Columbia Shipmanagement (Deutschland) GmbH (CSM-D), a German corporation, and Columbia Shipmanagement Ltd. (CSM-CY), a Cypriot company, were yesterday sentenced in in federal court in Newark, N.J., to pay

Loss of well control on rig in U.S. Gulf

JULY 23, 2013—The Bureau of Safety and Environmental Enforcement (BSEE) will be conducting an investigation into the cause of the loss of well control event aboard a Hercules jack-up rig in 154