U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. 15 deadline.The International Longshoremen's Association (ILA) labor union and the United States Maritime Alliance (USMX) employer group had ended a three-day strike in October
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan. 15 deadline.The International Longshoremen's Association (ILA) labor union and the United States Maritime Alliance (USMX) employer group had ended a three-day strike in October
Norwegian offshore support vessel owner Havila Shipping has entered into contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, whose value was not disclosed, is for a firm period of two wells estimated to 200 days.It also includes optional periods for eight wells each estimated to 65 days.
A catastrophic engine failure led to a fire aboard a towing vessel on the Tennessee River last year, the National Transportation Safety Board (NTSB) reports.An engine-room fire broke out on January 30, 2024, aboard the towing vessel Johnny M, which was pushing four barges on the Tennessee River near Grand Rivers, Kentucky.
Stevens Towing Company, a fourth-generation, family-owned company, has announced several key leadership promotions.Bos Smith has been promoted to Vice President. With more than 36 years of dedicated service to Stevens Towing, Smith has been instrumental in driving growth and maintaining strong client relationships.
Conrad Industries, Inc. has announced its 2024 results and backlog, reporting a net income of $11.2 million and income per diluted share of $2.24 for the 12 months ended December 31, 2024 compared to net loss of $27.0 million and loss per diluted share of $5.39 for the 12 months ended December 31, 2023.The company’s backlog as of December 31, 2024 was $293.8 million, compared to $253.
Conrad Shipyard announced it has delivered the first Yard, Repair, Berthing, Messing (YRBM) vessel to the U.S. Navy. The delivery took place at Conrad’s shipyard in Amelia, La., where the final inspection by key Navy officials took place.This YRBM vessel, the first in its class, was designed and constructed by Conrad Shipyard, featuring a new and innovative design tailored to meet the U.S.
Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea.
Conrad Shipyard held a ceremony at its shipyard in Amelia, La. recognizing the first-of-class yard, repair, berthing, messing vessel (YRBM) it is building for the U.S. Navy.Scheduled for delivery to the Navy in San Diego later this year, YRBM-57 will serve as pierside living accommodations for U.S. Navy sailors.