Moran Towing Corporation acquired Bisso Towboat Co, as it aims to accommodate growing needs of New Orleans and the Lower Mississippi River communities.Moran was founded in 1860 and is privately owned and operated. It offers ship assist services in 17 ports along the U.S. East and Gulf Coasts and has operated in New Orleans since 2006.
American Cruise Lines christened American Maverick in Newport, Rhode Island last week during the ship’s inaugural 9-Day New England Islands cruise, sailing roundtrip from Providence, Rhode Island. The celebration took place on board with guests, crew, community partners, and many employees from the Line’s headquarters in Connecticut.
Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities.Brent crude futures LCOc1 were down $1.33, or 1.4%, at $92.92 a barrel at 0741 GMT, while U.S. West Texas Intermediate CLc1 declined $1.73, or 1.
Nearly 500 maritime and transportation industry leaders gathered on the evening of Wednesday, May 20, at The Lighthouse at Chelsea Piers for the sold-out 32nd International Maritime Hall of Fame Awards dinner hosted by the Maritime Association of the Port of New York and New Jersey (MAPONY/NJ).
Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according to a letter from finance ministers to the EU Commission seen by Reuters on Saturday.The finance ministers of Germany, Italy, Spain, Portugal and Austria made the joint call for an EU-wide tax in a letter dated Friday.
Oil prices were little changed in choppy trade on Monday, as investors awaited clarity on the status of talks between the U.S. and Iran even as they remained wary about sustained supply losses due to shipping disruptions.Brent crude futures LCOc1 rose 76 cents, or 0.7%, to $109.79 a barrel at 0656 GMT. U.S. West Texas Intermediate crude CLc1 futures were trading 53 cents, or 0.5% lower, at $111.
Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47,000-bpd 243-diesel hydrotreater unit was not clear. The blast could be heard as far as 11 miles away, the sources said.
Master Boat Builders, Inc. announced the successful launch of the Jill, marking a milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC, a joint venture comprised of Bay-Houston Management, LLC; Bay Towing, LLC; Moran Towing Corporation; and Suderman & Young Towing Company.
Master Boat Builders launched the tugboat Jill, marking a major milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC , a joint venture comprised of Bay-Houston Management, LLC; Bay Towing, LLC; Moran Towing Corporation; and Suderman & Young Towing Company. Together, the Gulf LNG partners have more than 400 years of experience in ship assist and towage services.
The William E. Moran has entered service in New York, bringing enhanced capability and performance to Moran’s evolving fleet. As the first vessel in the company’s next-generation class, it is purpose-built to meet the demands of modern port operations, support evolving customer needs, and advance Moran’s goals for safety, efficiency, and environmental responsibility.
Expansion into Harbor Tug sector helps Master Boat Builders nearly double in size, from 200 to 400 employees building eight to nine vessels per year, and the prospect of a new drydock plus additional partnerships and government construction contracts promises to power the company forward further, faster.
The William E Moran, the first vessel in Moran's next-generation class, recently entered service in New York. Purpose-built, the next-gen tugs will be among the largest in the Moran fleet.Built by Master Boat Builders in Coden, Alabama and designed by Robert Allan Ltd., the William E Moran belongs to the RApport 2800 series.