Horizon Lines shareholders jump ship on bankruptcy fears
Shares in Jones Act containership operator Horizon Lines (NYSE:HRZ) plummeted today after it filed its 10K with the SEC. You can download the 10 K here. But here’s one example of what
Search Results for: Jones Act
Kristian Røkke to take helm at Aker Philadelphia Shipyard
Kristian Røkke has been appointed President and CEO of Aker Philadelphia Shipyard ASA (AKPS). As CEO, Mr. Røkke, who is the son of Aker ASA Chairman Kjell Inge Røkke, will “lead the
Kirby Corporation swoops on K-Sea in $600 million acquisition
Inland tank barge giant Kirby Corporation (NYSE:KEX) is going coastal. It has entered a definitive agreement that will see coastwise tank barge operator K-Sea Transportation Partners L.P. (NYSE:KSP) become a wholly-owned Kirby
American Feeder Lines to start first service
American Feeder Lines, which says its vision and mission is the “realization of America’s Marine Highways,” says it will start operations in the second quarter of 2011. Last year the company hired
Maritime Cabotage Task Force now American Maritime Partnership
American Maritime Partnership (AMP) is the new name for the Maritime Cabotage Task Force. It says that the new name “better reflects the coalition’s focus on the domestic maritime industry’s role in
Pennsylvania to pump $42 million into Aker Philadelphia Shipyard
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), announced today that the Commonwealth of Pennsylvania has agreed to partner with the shipyard and to
CRS report unenthusiastic about marine highways program
A Congressional Research Service specialist in transportation policy looks to be less than enthusiastic about marine highways. He’s John Fritelli and is the author of a recent CRS report entitled “Can Marine
AHL tanker project assets go on auction block
An ambitious attempt to build Jones Act products tankers using a “virtual shipyard” approach is drawing to a sad conclusion. By order of the U.S. Bankruptcy Court, Eastern District of Louisiana, Myron
Op-Ed: Addressing cyber threats to maritime
By Andrew R. Lee & Jim Kearns, Jones Walker LLP In fall 2022, our firm published a survey of 125 senior leaders at U.S. ports and terminals that gave insight into the
Esvagt makes plans to enter the Korean offshore wind market
Danish offshore wind support specialist Esvagt, which is partnered with Crowley in the Crest Wind JV for the U.S. market, is planning to enter the Korean offshore wind market. It is entering