• News

Kirby to acquire Penn Maritime for $295 million

NOVEMBER 28, 2012 — Houston-headquartered Kirby Corporation (NYSE: KEX) is to acquire Penn Maritime Inc. and Maritime Investments LLC, which operates a 1.9 million barrel fleet of 18 heated, double-hulled tank bargesand

  • News

Kirby to acquire Penn Maritime for $295 million

NOVEMBER 28, 2012 — Houston-headquartered Kirby Corporation (NYSE: KEX) is to acquire Penn Maritime Inc. and Maritime Investments LLC, which operates a 1.9 million barrel fleet of 18 heated, double-hulled tank bargesand

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Resolve completes Jireh wreck removal

NOVEMBER 28, 2012 — Resolve Salvage & Fire, the salvage, emergency response and wreck removal subsidiary of Resolve Marine Group, Inc., has completed the removal of the grounded 202-ft freighter Jireh from

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Matson plans new Jones Act ships, but not soon

NOVEMBER 27, 2012 — Matson, Inc. (MATX), Honolulu, HI, has a strategic re-fleeting plan that calls for the building of two new Jones Act containerships in the next 3 – 5 years

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Stolt Tankers orders five from Chinese shipyards

NOVEMBER 27, 2012 — Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited, says it has reached an agreement with Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong-Zhonghua) and China Shipbuilding Trading Co. Ltd, (CSTC),

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Sphere Offshores names Captain Andrew Cox VP

NOVEMBER 27, 2012 — Houston-based marine survey and rig moving company Sphere Offshore Solutions LLC, has appointed Captain Andrew Cox as Vice President, a newly created executive leadership position. J. Barry Snyder,

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Growing interest in ultra-long-stroke engine

NOVEMBER 27, 2012 — MAN Diesel & Turbo reports a “healthy interest” in its ultra-long-stroke G-type engine and steadily growing orders. Most recently, Piraeus-based Polembros and U-ming of Taiwan have placed orders

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Lithuanian shipyard to build research vessel

NOVEMBER 27, 2012 — Lithuania’s Western Baltija Shipbuilding is to design and construct a new research vessel for Klaipeda University. The 38.7 m long x 12.0 m beam vessel will have a

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OCIMF makes recommendations on seafarer work hours

NOVEMBER 27, 2012 —  “Safety and environmental protection is our greatest priority and OCIMF members see fatigue as a significant contributory factor to many incidents that occur within the shipping industry,” says