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
2023 was the first year of real recovery for owners in the offshore supply market and yet we have barely skimmed the surface of what’s to come.The market is still on an upward trajectory with charter rates accelerating month-by-month, availability changing day-by-day, leading to earnings doubling and, in some segments, tripling since the lows of 2020.
Silverback Marine has been awarded a multimillion-dollar DoD contract for its new OX series truckable tractor tug.Designed in collaboration with Elliot Bay Design Group of Seattle, Silverback Marine partnered with Darley Defense to secure the contract. Thespecific department of the DoD will remain anonymous until the first vessel is delivered, scheduled for late 2025.