Big Navy contracts for Titan Maritime, SMIT

Titan Maritime, L.L.C., Pompano Beach, FL, and SMIT Singapore PTE, Ltd., Singapore, were each recently awarded $43 million ceiling-priced indefinite-delivery/indefinite-quantity, cost-plus-award-fee contracts by the U.S. Navy for salvage, salvage-related towing, harbor clearance,

Crowley Maritime promotes Ayala

Crowley Maritime Corporation has promoted Jose “Pache” Ayala to vice president, Puerto Rico. He will remain in San Juan, and will now report to John Douglass, senior vice president and general manager

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International Shipholding reports fourth quarter results

Mobile, Ala., based ship operator International Shipholding Corporation (NYSE: ISH) has announced financial results for the quarter and year ended December 31, 201. Fourth quarter net income was $1.8 million $8.9 million

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General Maritime files reorganization plan

Tanker operator General Maritime Corporation, which filed for Chapter 11 protection in November last year (see earlier story), has filed a plan of reorganization and a disclosure statement with the U.S. Bankruptcy