MAY 2022

Why are dredging contractors ordering more hoppers? What’s new in tug and towboat propulsion? And why did it take a whole lot of dredges and tugs to get a giant containership moving?

New Maritime Administrator

Senate confirms Biden nominee as Maritime Administrator

The U.S. Senate today confirmed Rear Admiral Ann C. Phillips, USN (Ret.) to serve as Administrator of the Maritime Administration (MARAD) at the United States Department of Transportation. “The American Maritime Partnership

Tidewater OSV

Tidewater: Earnings up, red ink down

“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen

Poison pill

Seaways adopts a poison pill defense

As the Saverys family continues to contest a merger of Euronav into Frontline, billionaire shipping investor John Fredriksen has taken a significant stake in another tanker giant, New York City headquartered International