USCG responds to multi-vessel Mississippi collision

APRIL 7, 2015 —The Coast Guard is responding to an collision on the lower Mississippi River near Convent, LA. Yesterday at approximately 4:00 p.m., watchstanders at Coast Guard Sector New Orleans received

OSG reports profitable quarter

MARCH 17, 2015 — “We are very pleased to report adjusted net income of $22.1 million in our first full quarter of financial results since the company’s reorganization was completed in August

Aker Philly delivers second SeaRiver Aframax

MARCH 16, 2015 — Aker Philadelphia Shipyard, Inc. (APSI) has delivered its second Aframax tanker to SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation’s U.S. marine affiliate. The 820 foot long, 115,000 dwt

NewLead Holdings Ltd. secures $10 million debenture

MARCH 11, 2015 — Aventura, FL, headquartered TCA Fund Management Group, , has announced the closing of a $10,000,000 USD Senior Secured Debenture with an initial draw set at $4,250,000 for NewLead

NASSCO lays keel for first of five Jones Act ECO tankers

MARCH 9, 2015 —General Dynamics NASSCO shipyard, San Diego, CA hosted a keel laying ceremony Friday for the first Jones Act ECO tanker in a series of five for Kinder Morgan’s American

Seacor announces executive appointments

FEBRUARY 24, 20015 — Seacor Holdings Inc. (NYSE: CKH) reports that Oivind Lorentzen has stepped down as Chief Executive Officer, but will continue as a director and non-executive Vice Chairman of the

Crowley adds tankers to international managed fleet

FEBRUARY 18, 2015 — Crowley Accord Management Pvt. Ltd., the international ship management venture managed by Crowley Maritime Corp.’s ship management group, has been awarded full technical management contracts for five new

OSG makes senior VP appointment

FEBRUARY 17, 2015 — Tanker operator Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) has appointed James D. Small III as Senior Vice President, Secretary and General Counsel, effective in March. Most recently, Mr.

USCG detains tanker Overseas Jademar

FEBRUARY 11, 2015  — Coast Guard personnel detained the tanker Overseas Jademar in Port Angeles, WA, Monday. OSG shows the ship in its fleet listings as a 100% owned Panamax vessel. The

Euronav U.S. IPO raises $229 million

JANUARY 29, 2015 — Antwerp, Belgium, headquartered tanker giant Euronav NV yesterday raised gross proceeds of $229 million its U.S. initial public offering of 18,699,000 common shares at $12.25. The company’s shares

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