Todd Shipyards Corporation (NYSE:TOD) reports its Todd Pacific Shipyards Corporation subsidiary has been awarded, a five-year U.S. Navy Multi-Ship/Multi-Option contract (“MS/MO”) for the drydocking of surface combatants homeported at Naval Station Everett
When it comes to being green, Wallenius Wilhelmsen Logistics (WWL), Lysaker, Norway, is putting its money where its mouth is. The Norwegian global shipping and logistics provider announced plans to award $100,000
Houston-headquartered Kirby Corporation (NYSE:KEX) is to purchase the ship bunkering operations of Enterprise Marine Services LLC for approximately $53 million in cash. The asset purchase will consist of 21 inland and offshore
Seattle, Wash., based Harley Marine Services (now known as Centerline Logistics) is expanding its service to the Gulf Coast by acquiring the former MGI of Houston, Texas. This business will be operated
The U.S. Maritime Coalition has announced plans for its second annual Congressional “Sail-In,” an effort to educate members of Congress on the importance of the American maritime industry. The event is scheduled
A proposal by Washington State Governor Chris Gregoire to hand the state’s ferry system over to a regional ferry authority has died a quiet death in the state legislature. But what is
Houston-based offshore drilling contractor Atwood Oceanics, Inc. (NYSE: ATW) reports that, on January 29, 2011, due to the civil unrest in Egypt, its customer, RWE Dea Nile GmbH gave notice to Atwood
Athens-headquartered Costamare Inc. (NYSE:CMRE) has contracted with China’s Sungdong Shipbuilding & Marine Engineering Co., Ltd. for the construction and purchase of two newbuild containerships, each of about 9,000 TEU capacity. The two
Significant tonnage oversupply in the three major shipping sectors seems to have been avoided by the delay or cancellation of some newbuilding deliveries last year, accordingto London-based shipbroker Braemar Seascope. Braemar Seascope
The payment of ransom to pirates is not illegal under U.K. law. Bryant’s Marine Consulting reports that the U.K. Court of Appeal has ruled that the owner of cargo on a vessel
