Top Ten Maritime Stories of 2013
JANUARY 20, 2014—What were the top maritime stories of 2013? As ranked by the activity of Marine Log viewers, the Top Ten stories of last year were tales of Triumph, tragedy and
Jones Act
Pipeline giant buys Blackstone’s Jones Act tanker biz
DECEMBER 23, 2013 —Pipeline giant Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced it has entered into a definitive agreement to acquire American Petroleum Tankers (APT) and State Class Tankers (SCT)
Blackstone-controlled APT files for IPO
OCTOBER 23, 2013 — Blackstone-controlled American Petroleum Tankers Partners LP has filed with the SEC to raise up to $173 million in an initial public offering. It plans to list on the
OT&BE to design LNG-fueled Jones Act container AT/B
OCTOBER 7, 2013 — Ocean Tug & Barge Engineering Corp. (OT&BE), of Milford, MA, reports that it has been selected to design a new high speed, LNG-fueled AT/B container carrier for Minyan
Jensen to manage Jones Act tanker construction program
OCTOBER 2, 2013 — Jensen Maritime Consultants, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, announced today that the company has been awarded a new construction management contract for four
NASSCO to build two LNG-ready tankers for Seabulk
SEPTEMBER 11, 2013 — General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (GD), has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc.
Jones market health helps American Shipping Company
AUGUST 14, 2012 — American Shipping Company ASA (Oslo: AMSC) had a net profit for Q2 of 2013 of $13.1 million versus $11.8 million in Q2 of 2012. The company was set
Aker Philadelphia to build four more tankers for Crowley
AUGUST 9, 2013 — Aker Philadelphia Shipyard ASA (Oslo: AKPS) says that its wholly-owned subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation are expanding the cooperation initiated with the sale
Petters: Avondale could yet build Jones Act tankers
AUGUST 8, 2013 — The current healthy market for Jones Act tankers might, just possibly, mean that Huntington Ingalls Industries’ Avondale unit could once again operate as a builder of commercial vessels.
SEACOR results back in black
JULY 31, 2013 — SEACOR Holdings Inc. (NYSE: CKH) Executive Chairman Charles Fabrikant may be feeling a little more cheerful. After a red ink previous quarter that had him saying “we’re very