U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
Benny Cenac Jr.’s Houma based Main Iron Works Company has completed the 10th boat newbuild for Ingram Marine Group. This partnership with Main Iron Works and Ingram began in 2021 and included the construction of 10 new towboats to be completed by the end of 2024. The first towboat, the Adrienne M.
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna as the company seeks a reliable solution to best serve operational and crew connectivity.
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, before retiring in December 2022.
Italian shipbuilder Fincantieri on Thursday raised its full-year forecast on revenue to "above" 8 billion euros ($8.43 billion), from "about" previously indicated, boosted by all business segments.The Trieste-based vessel maker reported a nine-month core profit (EBITDA) a 19% rise to 328 million euros, while its January to September revenue stood at 5.58 billion euros, up 3.7% yearly.
Yemen's Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to "intelligence information" regarding Israeli shipping companies selling their assets to other companies.The Iran-aligned Houthis have said they are intensifying their attacks to support Hamas and Hezbollah in their resistance against Israeli actions in the region.
The union representing 45,000 East Coast and Gulf Coast dockworkers and a group representing employers will resume negotiations next month toward reaching a new six-year contract ahead of a Jan. 15 deadline, they said on Friday.The International Longshoremen's Association union agreed to end a three-day strike on Oct.
The owner and operator of the cargo ship that struck Baltimore's Francis Scott Key Bridge in March, killing six people, have agreed to pay $102 million to the federal government, the U.S. Justice Department said on Thursday.The department in September filed a civil claim seeking $103 million from two Singaporean companies, Grace Ocean Private Limited and Synergy Marine Private Limited.
Canadian Labor Minister Steven MacKinnon said on Tuesday his proposal to appoint a mediator to help settle a dispute at the port of Montreal had been rejected.MacKinnon made the offer last week in a bid to resolve a standoff between the Maritime Employers Association and Montreal Longshoremen's union over a new contract. Dockworkers at the port began an overtime strike this month.
The state of Maryland on Tuesday filed civil claims against the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in March, killing six people and paralyzing a major transportation artery for the U.S. Northeast.The lawsuit seeks damages from two Singaporean companies that are the registered owner of the Dali cargo ship, Grace Ocean Pte Ltd, and its manager
Shaver Transportation (Portland, Oregon) reports that Peter Karneus, Vice President of Sales for the ship assist division, is retiring effective January 2025, succeeded by Bo McCall.Karneus is retiring after twenty-seven years during which he has been instrumental in ship assist sales, including building a new sales team, growing customer relationships
TDI-Brooks on Tuesday announced it will repower its oceanographic research vessel Brooks McCall to ensure compliance with California Air Resources Board (CARB) emissions regulations ahead of a U.S. West Coast offshore wind survey campaign next year.The 2000-built Brooks McCall is a 48.