NASSCO books another Jones Act tanker order
JUNE 16, 2014 — General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), has entered into a contract with an affiliate of American Petroleum Tankers (APT), a wholly owned
Jones Act
Aker Philly, AMSC and Apollo launch Philly Tankers
JUNE 10, 2014 — Aker Philadelphia Shipyard and financial sponsors, including American Shipping Company and funds affiliated with Apollo Global Management, are creating a what’s described as a “pure play Jones Act
NASSCO can use “Asian angles” in Jones Act tankers
JUNE 2, 2014 — The USCG National Vessel Documentation Center (NMDC) has issued a determination letter stating that construction of eight 50,000 dwt product tankers at NASSCO’S San Diego shipyard with much
White House honors TOTE’s Chiarello as Champion of Change
MAY 14, 2014 — TOTE, Inc. President & CEO Anthony Chiarello is among 11 individuals honored by the White House as 2014 transportation industry “Champions of Change.” Chiarello was chosen for his
Avista puts $150 million into SEACOR’s Jones Act tanker biz
MAY 5, 2014 — SEACOR Holdings Inc. (NYSE: CKH) says it has entered into a joint venture with private equity firm Avista Capital Partners. Avista, through a wholly-owned subsidiary, has invested approximately
Red ink quarter for International Shipholding
APRIL 15, 2014 — International Shipholding Corporation (NYSE:ISH) expects to report a first quarter net loss, before preferred dividends, in the range of $3.3 million to $3.7 million. It says this is
Landrieu: Jones Act creates Louisiana jobs
APRIL 10, 2014 — U.S. Senator Mary L. Landrieu, D-LA, Chair of the Senate Energy and Natural Resources Committee highlighted the importance of the Jones Act to Louisiana’s economy at a Washington
Waterways industry barges in on Washington
APRIL 2, 2014 – As part of the American Waterways Operators’ annual Barge-In, U.S. vessel owners, operators and mariners are fanning out all over Capitol Hill today visiting nearly 150 Congressional offices
Aker Philly sells profit share in tanker pair to Crowley
APRIL 1, 2014 — Back in August 2012 when Aker Philadelphia Shipyard ASA sold two Jones Act product tankers that it had been building for its own account to Crowley Maritime’s Crowley
Oaktree-backed Harkand charters HOS OCV
MARCH 31, 2014 — IRM, survey and light construction contractor Harkand has entered into a charter agreement with Hornbeck Offshore for the Jones Act qualified offshore construction vessel HOS Mystique for a