AUGUST 13, 2013 — Two “well financed” Hamburg, Germany, headquartered shipping companies have founded a joint venture, Quayside Maritime Partners, to acquire ships in the present market for later sale at an
JULY 29, 2013 — The American Maritime Partnership (AMP) is opposing legislation introduced by the Resident Commissioner of Puerto Rico, Pedro Pierluisi, to relax the U.S.-build requirement of the Jones Act for
MARCH 21, 2013 — The GAO has issued a report that should rekindle the debate over the benefits, or otherwise, of the Jones Act. Entitled “Puerto Rico: Characteristics of the Island’s Maritime
NOVEMBER 2, 2012—In a move to ease the flow of gasoline to the U.S. Northeast in the wake of the devastating effects of Hurricane Sandy, U.S. Department of Homeland Security Secretary Janet
NOVEMBER 2, 2012 — The American Maritime Partnership (AMP) has written President Obama saying that the U.S. Maritime Industry will not oppose Jones Act waivers that are necessary to facilitate the delivery of petroleum
In written testimony to the U.S. Congress’ Joint Economic Committee, the American Maritime Partnership (AMP) criticized and corrected an Energy Information Administration (EIA) report that said American tank vessels may be “in
Angeliki Frangou, Chairman and CEO of dry cargo ship specialist Navios Maritime Partners L.P., is “pleased with our results for the first quarter of 2012. For the quarter, operating surplus increased by
Senator Wesley L. Jones (October 9, 1863 – November 19, 1932) would be pleased to know that there are still stout defenders of the 1920 act that bears his name. Among those
With rising U.S. gas prices and uncertainty in the Strait of Hormuz, operators of U.S.-flag tankers are worried that a drawdown of the U.S. Strategic Petroleum Reserve could be accompanied by a
“We see signs that the market is beginning to rationalize the number of vessels in the market,” says Angeliki Frangou, Chairman and CEO of dry bulk specialist Navios Maritime Partners L.P. (NYSE:
