Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel. This concludes the financing for all three newbuilding LNG-ready, scrubber…
International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker companies, today announced financial results for the fourth quarter and full year of 2024, highlighting strong earnings, fleet optimization efforts, and continued shareholder returns…
Kraken Robotics Inc. announced the passing of founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure…
NYK recently started a biofuel test run on its coal carrier Noshiro Maru, which is operated for Tohoku Electric Power Co., Inc. This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company…
Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has purchased and put into operation two new mobile harbor cranes and a container freight station. These investments underscore…
Burger Boat Company has announced that is has been awarded a contract to construct an 89-foot passenger vessel for Wendella Sightseeing Co. Inc.This state-of-the-art passenger vessel will be built with Burger’s renowned craftsmanship and precision engineering…
TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain…
Crowley expanded its harbor services capabilities through the acquisition of Main Line Inc., a vessel mooring company based in Seattle, effective January 1, 2025.Main Line is a longtime provider of vessel mooring services in the Pacific Northwest for ship operators…
PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing…
Tributes have been paid to The Maritime Group (International) (TMG) founder Captain John M Cox III following his death at the age of 93.Capt Cox, known to his friends as Jack, died peacefully in Seattle on Thursday November 21 after a short illness…
BlastOne International announced that it has been chosen by Irving Shipbuilding Inc. (ISI) to construct a cutting-edge three bay paint hall as part of the River-class Destroyer (RCD) Infrastructure Project.This initiative is essential for enhancing…
The East Java Multipurpose Terminal (EJMT) recently took delivery of two new Konecranes Gottwald post-Panamax ESP.8 mobile harbor cranes.The new equipment will support EJMT in handling bulk, project and container cargo once the terminal commences operations in September…
Marine terminal operator Ports America announced it has appointed Manny Fernandez as Vice President and General Manager of its operations in Tampa, Fla.An accomplished logistics and transportation senior executive in domestic and international multimodal transportation…
Tidewater announces the retirement of President and CEO Todd Busch, effective June 30, and current COO Johan Sperling will step into the role of President & CEO on July 1.'Todd's leadership has been nothing short of remarkable,' said Johan Sperling…
A group of industry partners has teamed up in the U.S. to reduce the time ships spend in port. Initial results have seen port time reduce by an average of almost two hours and an increase in the efficiency with which cargo is transferred to customers…