Private equity firm American Industrial Partners (AIP) has agreed to sell what it calls “a significant minority stake” in Great Lakes operator Rand Logistics to funds managed by Oaktree Capital Management’s Transportation
Oslo-headquartered Wallenius Wilhelmsen is planning to build the world’s first full-size wind-powered pure car and truck carrier. To be called Orcelle Wind, the 220- by 40-meter ship will have the capacity to
Blank Rome Government Relations LLC reports that David Jansen has joined the firm as a senior advisor in its Washington, D.C., office. Jansen most recently served as the Democratic staff director for
Japan’s K-Line is to fit 300 ships with an AI (artificial intelligence) based performance analysis solution developed by Palo Alto, Calif., based Bearing Inc., a company backed by AI pioneer Andrew Ng’s
At this year’s free virtual presentation of Marine Log’s TTB –Tugs, Towboats & Barges conference, being held March 23 and 24, Sean Duffy, senior executive director of the Big River Coalition, will
In another sign that U.S. offshore wind development is moving right along, Empire Offshore Wind LLC has signed a front-end engineering and design (FEED) contract that will see Oslo-headquartered Aker Solutions study
The largest provider of dredging services in the U.S., Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) today reported financial results for the quarter and year ended December 31, 2020. “Great Lakes
A.P. Moller – Maersk today announced that it will launch of the world’s first carbon-neutral liner vessel in 2023 – seven years ahead of its initial 2030-ambition. All future Maersk owned newbuildings
Bremerton, Wash., based aluminum boats specialist SAFE Boats International reports that Mark Stott has joined it as Business Development Director for the U.S. Western Region for government customers and private/commercial customers worldwide.
Beloit, Wis., headquartered engine manufacturer Fairbanks Morse has opened its 8,000-square-foot Mayport Service Center at 950 10th Street, Building B in Jacksonville Beach, Fla. The facility represents a $350,000 investment and places
