Fort Lauderdale, Fla. based SEACOR Holdings Inc. announced it has signed a definitive agreement to sell its inland river transportation and logistics business to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.Part of the SEACOR family of businesses for over two decades, Inland River Transport Holdings LLC (SCF) includes more than 1,000 covered dry cargo hopper barges
Recent changes have opened up the Capital Construction Fund program to owners and operators of vessels on the U.S. inland waterways.Among the programs offered by the U.S. Department of Transportation through the Maritime Administration (MARAD) to promote the growth and modernization of the U.S.
The United States' first plug-in hybrid electric inland towing vessel was christened at a ceremony in Houston on Friday as the commercial marine industry continues to implement new technologies to reduce its environmental footprint.Kirby Inland Marine's Green Diamond will be time chartered by Shell Trading (US) Company, which will use the vessel to push barges throughout the Houston port region.
The Philippine Coast Guard has declared “fire out” on the ferry Esperanza Star after attending then scene when a distress call was made at 0400 on June 18. The vessel was sailing in the waters of Panglao, Bohol, with 78 passengers and 59 crew onboard when the fire broke out at the aft of the vessel. Those onboard are reported to be safe and without injury after being taken to Bohol.
Dutch shipping company Future Proof Shipping (FPS) on Thursday officially launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands.Earlier in the week, Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium.
Norwegian shipbuilder Vard, part of Italy's Fincantieri, has signed new contracts to design and construct two commissioning service operation vessels (CSOVs) for the UK-based offshore vessel owner North Star.The agreement also has an option for two additional ships, which could ultimately create a total of up to 200 new seafaring job opportunities across the CSOV fleet once operational, Vard said.
One of Hollywood's biggest stars recently paid a visit to U.S. Navy sailors aboard the Nimitz-class aircraft carrier USS George H.W. Bush (CVN 77).Top Gun: Maverick producer and star Tom Cruise was joined by writer and producer Christopher McQuarrie, and editor Eddie Hamilton, along with Ted Lasso star Hannah Waddingham, for the stop.
Philippine authorities believe they have found the location of a tanker that sank off a central province last week, the environment ministry said on Monday, amid a race to assess the extent of an oil spill and contain further environmental damage.The tanker, the MT Princess Empress, is thought to be lying at about 1,200 feet (366 meters) below sea level, off Oriental Mindoro province
Lone Star Funds has reached a del to buy U.S. shipbuilding and repair group Titan Acquisition Holdings from peer investment firms Carlyle and Stellex Capital Management. Financial terms were not disclosed.Titan is comprised of Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Ore.
German shipping company Hapag-Lloyd announced it has signed a binding agreement today under which it will acquire 35% of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate.Additionally, Hapag-Lloyd AG signed a binding agreement with JMBPL and its promoters, the Kotak family
Commercial cargo shipments on Russia’s Azovo-Don inland waterways have slumped in 2022 to the lowest level on record amid Western sanctions and traffic suspensions on vessels in the Azov sea, Russian Federal Agency for Sea and Inland Water Transport (Rosmorrechflot) said.The Azovo-Don waterways are used during the summer period as an alternative to railways for the export of cargoes
Infinity Nine, the second of the Kando series of contemporary explorer yachts from AvA Yachts was delivered to its owner NBA basketball star Tony Parker in early November.Atilla Küçükdiker, chairman and founder of AvA Yachts, said, “It is a proud and happy day that we as AvA Yachts team have delivered Infinity Nine! We describe our Kando series yachts as contemporary explorers and Infinity Nine