Colonna’s Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC), the operator of Blocks B 48/95 and 52/97, on behalf of state-run Petrovietnam.
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.
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, today announced its annual member safety awards for the 2025 calendar year. This year, 21 shipyards across Alabama, California, Florida, Hawaii, Louisiana, Massachusetts, New Jersey, Oregon, South Carolina, Texas, Virginia, Washington
This week, U.S. Representative Salud Carbajal (D-CA-24) was recognized by the International Propeller Club and received the Frank Courtenay “Salute to Congress” Award for championing legislation to support the American maritime industry. The Salute to Congress Award recognizes members of the U.S. Congress for their leadership and support of the American maritime industry.
Persistent precipitation this spring has resulted in rising water levels throughout the Great Lakes-St. Lawrence River basin and flood conditions in many tributaries. Since March 1, water levels in Lake Ontario have risen from 74.54 meters (244.55 feet) to 75.30 meters (247.05 feet) by April 30, a total increase of 0.76 meters (2.50 feet) in two months.
“Never before have we witnessed such comprehensive alignment between Republicans and Democrats, industry, and organized labor for rebuilding our great nation’s maritime industry.”Arizona Senator and U.S. Merchant Marine Academy alum Mark Kelly (D-AZ) and Representative John Garamendi (D-CA-08) published an op-ed in Fox News highlighting the momentum to rebuild the U.S.
In Memoriam: Captain Charles Robert MacVean, USN, (Ret.), PhDMarch 22, 1937 – September 10, 2025The book, Blind Man’s Bluff, describes the secret USN submarine operations known as “The Projects.” It begins with the opening line, “There was something about Commander Charles R. MacVean that had a way of inspiring legend.
MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) projects as well as other maritime infrastructure projects in Africa.MODEC has extensive African experience, having delivered 11 FPSOs/FSOs/MOPU/TLPs in West Africa in the past.
Rolls-Royce has been selected by Catalina Express of San Pedro, CA (USA) to supply the marine propulsion system for its new high-capacity ferry. The 500-passenger vessel, which will be the largest in the Catalina Express fleet upon completion, will be powered by four mtu 12V4000 M65L engines, delivering a combined output of over 7463 kW (10,000 bhp).
Cool Carriers, the world’s largest operator of specialized reefer vessels, reports strong results despite a sharp downturn in demand for its Chilean subsidiary for the 2025/26 Summer season, from 1 October 2025 to 31 March 2026.Despite a sharp downturn in demand for imported fruits in the United States, Cool Carriers Chile moved 260,000 pallets of cherries, blueberries, grapes
Costamare Bulkers has reported its unaudited financial results for the fourth quarter and year ended December 31, 2025, reflecting on the company’s performance during its second full quarter as an independent, publicly traded company.Costamare Bulkers had no operating activity during the year ended December 31, 2024 and remained a wholly-owned subsidiary of Costamare Inc.