CIT names managing director to lead its maritime finance business
NOVEMBER 12, 2018 — CIT Group Inc. (NYSE: CIT) has named Evan Cohen as managing director and group head for its Maritime Finance business. In his new role, Cohen leads a team
Jones Act
VIDEO: Crowley christens first of two LNG fueled ConRo ships
OCTOBER 22, 2018 — Crowley Maritime Corp. on Saturday christened its 26,500 dwt Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí. Powered by an MAN B&W 8S70ME-GI8.2 main engine and
Sara Fuentes joins Transportation Institute as VP Government Affairs
OCTOBER 15, 2018 — Transportation Institute, a Washington, DC, based non profit organization that advocates and works for the U.S. flag maritime industry, has appointed Sara Fuentes as Vice President for Government
Chartwell Marine develops CTV aimed at U.S. offshore wind market
OCTOBER 15, 2018 — Major companies involved in the development of U.S. offshore wind farms need confidence in the availability of proven vessel concepts, as they continue to explore opportunities and justify
VT Halter Marine books order for another Bouchard ATB
SEPTEMBER 11, 2018 — VT Halter Marine, Inc. has won a contract to build an Articulated Tug Barge (ATB) tug for Bouchard Transportation Co., Inc. The order includes an option for a
TOTE nears three year anniversary of start of LNG fueled operations
SEPTEMBER 7, 2018 — TOTE Maritime Puerto Rico is returning positive reports on its two LNG fueled containerships as they near the third anniversary of commencing operations. Built by shipbuilder GD NASSCO,
Jones Act has no effect on Puerto Rico retail prices or cost of living
JULY 18, 2018 — Economists from Boston-based Reeve & Associates and San Juan-based Estudios Técnicos, Inc. today released a joint report, “The Impact of the Jones Act on Puerto Rico,” that concludes
LNG fueled Pasha pair will have TMC compressed air systems
JUNE 22, 2018 — Oslo, Norway, headquartered TMC Compressors of the Seas (TMC) has signed a contract to supply complete marine compressed air systems for the two LNG-fueled Jones Act containerships under
COPT Valdez terminates voyage of “adventure yacht”
JUNE 21, 2018 — The operators of a 40-year old “adventure yacht” originally built as an OSV appear to have fallen foul of a provision of the Passenger Vessel Service Act (the
Saltchuk names Tim Nolan as next President & CEO of TOTE, Inc.
MAY 18, 2018 — The family-owned Saltchuk group of companies has announced that Tim Nolan has been named the next President and CEO of its TOTE Inc. subsidiary, the parent company to