OSG is sunject of an acquisition offer

OSG and AMSC extend Jones Act tanker charters

Overseas Shipholding Group, Inc. (NYSE: OSG) and American Shipping Company ASA (Oslo Stock Exchange: AMSC) (OTCQX: ASCJF) today jointly announced that OSG has exercised options to extend its bareboat charter agreements with

AMSC sees Jones Act tanker market getting tighter

“We are encouraged to see significant chartering activity in the Jones Act tanker market during the last few months leaving very limited shipping capacity available until the end of 2020,” said Pål

TOTE awards Philly Shipyard a second RRF vessel drydocking

Philly Shipyard, Inc. has been awarded a drydocking contract for the Ready Reserve Force (RRF) vessel, FSS Pollux. The vessel is owned by the U.S. Department of Transportation’s Maritime Administration (MARAD) and

Philly Shipyard

Philly Shipyard wins first ship repair contract

In its latest quarterly report released today, Philly Shipyard reports that currently, there is no shipbuilding or repair activity at the shipyard and all production facilities are idle and both graving docks

Philly Shipyard to appoint CFO with “deep government contracts experience”

With no ships on its current order book Philly Shipyard has declared its intentions to “go gray” and seek U.S. government contracts. It has already succeeded in becoming one of four shipyards

Philly Shipyard

Philly Shipyard one of four to win Navy CHAMP study contract

The Naval Sea Systems Command (NAVSEA) has awarded four U.S. shipyards contracts worth almost $2.9 million each to carry out design studies for the proposed Common Hull Auxiliary Multi-Mission Platform (CHAMP.) The

VIDEO: Matson welcomes first of four new ships to Hawaii

NOVEMBER 29, 2018 — Matson, Inc. (NYSE: MATX) yesterday welcomed the largest containership ever built in the United States to Hawaii. Named in honor of Hawaii’s late senior U.S. Senator, the 850 ft,

Philly Shipyard eyes options after delivery of second Matson ship

NOVEMBER 6, 2018 — In its latest quarterly report, Philly Shipyards ASA reports a third quarter loss of $30.8 million and gives more details of the efforts it is making to find

Matson takes delivery of largest containership ever built in U.S.

NOVEMBER 1, 2018 — Matson, Inc. (NYSE: MATX) yesterday took delivery of the first of two new Aloha Class containerships built for its Hawaii service at Philly Shipyard. “This new ship, our

Philly Shipyard in non-binding agreement to build two MR tankers

JULY 17, 2018 — Philly Shipyard, Philadelphia, PA, and an as yet undisclosed customer yesterday executed a non-binding term sheet for the construction and sale of two newbuild Jones Act Medium Range (MR)

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