Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019.
New York listed offshore services provider GulfMark Offshore, Inc. said it is reviewing an unsolicited merger proposal from rival HGIM Corp. (Harvey Gulf), just weeks after entering a definitive agreement to merge with larger rival Tidewater Inc.Harvey Gulf’s nonbinding competing offer submitted August 1 proposes that it be acquired by GulfMark and the combined company remain publicly listed.
More than $20 million in grant funding has been awarded to support capital improvement projects at 29 small shipyards in 22 states across the U.S.The funding, awarded through the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program, supports capital improvements that foster increased efficiency and economic growth.
Estern Shipbuilding Group announced it has signed a new contract with Bisso Offshore, LLC for the construction of two Robert Allan Ltd. RApport 2400 Ship Handing Tugs with escort capability. The deal was signed on May 31, 2018.Bisso Offshore is one of Eastern’s long term customers and has taken delivery of four previous modern Z-drive tugs from Eastern since 2006.
New Orleans based E.N. BISSO & SON, INC. announced it has acquired fellow harbor tug serves provider PETCHEM, INC. of Port Canaveral, Fla., effective June 27, 2018.PETCHEM’s business at Port Canaveral, which includes three tugs and has been active since 1984, will continue to operate as PETCHEM, INC. with all staffing, personnel, equipment and service commitments unchanged.E.N.
The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods.The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday
On February 14, 2018, Senator Mitch McConnell (R-KY) received Waterways Council, Inc.'s (WCI) 17th Annual Leadership Service Award for his strong and continued leadership on ports and inland waterways issues. He was presented the award by Stephen Little, Chairman of Crounse Corporation.
Methane Spirit, a liquefied natural gas tanker, said on Thursday it would arrive at Dominion Energy Inc's Cove Point LNG export facility in Maryland around March 31, according to Reuters shipping data. If correct, that could be the first vessel to pick up a cargo from the LNG facility, which Virginia-based Dominion said it expects to enter service in March.
It has been quite awhile since the global bulk carrier market has had much to cheer about, but U.S. dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia. To combat severe winter smog, China has slashed iron ore output
The first liquefied natural gas vessel, the Maran Gas Delphi, was headed Thursday for Dominion Energy Inc's Cove Point LNG export facility in Maryland, a Reuters interactive map showed, with the facility expected to enter service by the end of the year. Cove Point will be the second large LNG export terminal in the lower 48 U.S.
Philly Shipyard, Inc. (PSI) has delivered American Pride, the final vessel in a series of four 50,000 dwt product tanker newbuilds for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc. The 600-foot product tanker has a 14.5 million gallon carrying capacity and is based on a design from Hyundai Mipo Dockyards (HMD) that incorporates numerous fuel efficiency features
In 2018 one of the U.S. premier vessel owners – Bouchard Transportation Co., Inc. (BTC) – celebrates its 100th year in business. Maritime Reporter looks at BTC’s evolution through the years. The year 2018 is a celebration year for the Bouchard Transportation Co., Inc., which was founded in 1918 in New York Harbor by Capt. Frederick Bouchard, and will next year celebrate a century in business.