Jennifer A. Carpenter serves as President & CEO of The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry. Carpenter joined AWO in August 1990 and became President & CEO in January 2020. Before assuming her current position
Turkey held its first tender on Thursday to prepare to build a huge canal on the edge of Istanbul, a Transport Ministry spokesman said, signaling progress on the project despite widespread criticism over its cost and environmental impact.The tender was for the planning phase of reconstructing two historic bridges located in the area where the 45-km (28 mile) Kanal Istanbul
European Union antitrust regulators have suspended their investigation into Fincantieri's bid for France's Chantiers de l'Atlantique while waiting for the Italian shipyard to provide requested data.The European Commission's website shows it halted the probe on March 13. Prior to that, it had been scheduled to rule on the case by April 17.
Italian shipyard Fincantieri has not offered any concessions to head off EU antitrust concerns about its planned bid for France's Chantiers de l'Atlantique, giving regulators no choice but to block the deal, people familiar with the matter said on Friday.A veto by European Competition Commissioner Margrethe Vestager would deal a serious blow to Italy's bid to create a European industrial
Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions.Italy sees the deal by Europe's largest shipyard as an opportunity to create a European industrial champion in the shipbuilding industry to stave off
Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping company Maersk warned in an interview."Is it really a good idea that we don't allow the creation of a European global champion? In doing so, we risk being outperformed by a Chinese company
Italy's bid to create a European industrial champion in the shipbuilding industry faces hurdles after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition.The European Commission said the deal between two global leaders in an already concentrated and capacity-constrained market could push up prices for cruise ships as it began an
Kent-based Saga sails into its future, as the first of two new boutique cruise ships, Spirit of Discovery, arrived at her home port of Dover for the first time. Sailing past the iconic White Cliffs and into Dover’s recently developed Western Docks, Spirit of Discovery’s British arrival marks the start of a new chapter for cruising in the UK.
Caroline Yang, chief executive of bunker tanker company Hong Lam Marine, has been appointed as the first-ever female president of the Singapore Shipping Association (SSA) since its founding in 1985.The industry voice of Singapore’s maritime community elected Ms. Caroline Yang, Chief Executive of Hong Lam Marine
The geophysical services provider SAExploration Holdings successfully completed the largest shallow water ocean-bottom marine project in its history.Contracted to SAExploration by a major national oil company, the project, located in the Arabian Sea off the coast of India, utilized over 20 vessels
The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe, Latin America, North Africa and the Middle East.
Mixed Government Support for U.S. Shipbuilding.It has been a busy start to the 116th Congress for the U.S. shipbuilding industry, with three congressional hearings in early March focused on the industry’s role as a critical component of the U.S. national security industrial base. In addition, the Consolidated Appropriations Act, 2019, which was signed into law on February 15