Investment holding company Ocean Wilsons has agreed to sell its 56.47% stake in Brazilian unit Wilson Sons to shipping services provider SAS for 4.35 billion reais ($764.9 million), it said on Monday.London-listed Ocean Wilsons, which is the controlling shareholder of shipping firm Wilson Sons, said in a statement it was a "compelling time" for the sale
The families of the six workers who died in the March collapse of the Francis Scott Key Bridge in Baltimore filed lawsuits on Friday against the owner and operator of the cargo ship that struck the bridge.The lawsuits filed in Maryland federal court by the families of Carlos Daniel Hernandez Estrella, Alejandro Hernandez Fuentes, Miguel Angel Luna, Dorlian Ronial Castillo Cabrera
A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was forced to abandon a trip through the Red Sea, causing outcry from people concerned about the animals' welfare.The vessel left Australia on Jan. 5 for Israel, where it was to unload
Senator Wesley Livsey Jones gave his name to the famous “Jones Act” governing U.S. domestic maritime trade. But what do really know about him? It turns out that he was much more than a leading merchant marine policy maker. (i)Jones had a long career in the U.S. House of Representatives before he was a Senator, was an effective legislator, an astute politician
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades
Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid biofuel, fuel testing agency CTI-Maritec said in an advisory on Thursday.Singapore-based CTI-Maritec said it tested samples from the affected ships and found the marine fuel was blended with cashew nutshell liquid that came from undeclared source
Wilson Sons will start building in 2025 a new range of three powerful tugboats with sustainable technology at its shipyard in Guarujá, São Paulo. It plans on renewing and modernizing its fleet of more than 80 tugboats, which operate along the Brazilian coast.The three vessels are ASD 2312 (23 x 12m) tugs with azimuth propulsion and 70 tons of bollard pull
The Port of New Orleans (Port NOLA) Board of Commissioners has announced the appointment of Beth Ann Branch as President and Chief Executive Officer, effective December 1, 2024. Branch, a highly regarded expert in global maritime strategy with over 20 years of experience in transportation and logistics, will also serve as CEO of the New Orleans Public Belt Railroad (NOPB).
Navalrocha Shipyard reported growth in key target markets, including LPG and Product Carriers, after recording one of its strongest ever half-year performances.With more than 30 projects delivered to date, Navalrocha is on course for another record-breaking year having completed projects with wide variety of commercial ships.
The impacts of Section 27 of the Merchant Marine Act of 1920, today commonly referred to as the Jones Act, are often debated in maritime circles. But the well-known U.S. law, which requires vessels that transport goods between U.S. ports to be American-built, -flagged, -owned and -crewed, hasn’t always been a hot button issue, according to Charlie Papavizas, author of a new book on the subject
Norwegian short sea shipping company Wilson ASA announced its owner and long-serving chairman of the board, Kristian Eidesvik, has passed away. The 78-year-old died on August 7 after a period of illness, the company said.Eidesvik became an owner in Wilson around 1995. Following the IPO in 2005 he became the majority owner through his investment company Caiano AS
European short-sea shipping company Wilson ASA announced it has ordered eight 6,300 dwt general cargo vessels, extending its newbuild program to 14. The ships will be built by Indian shipbuilder Cochin Shipyard.The 14 new ships, including the six 3,800 dwt vessels ordered in June 2023, will be delivered from the first half of 2025 until 2028.