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.
HII reported results for the third quarter of fiscal 2025.Highlights:Third quarter revenues were a record $3.2 billionThird quarter net earnings were $145 million or $3.68 diluted earnings per shareCompleted builder’s sea trials for guided missile destroyer Ted Stevens (DDG 128)Completed initial sea trials of Virginia-Class Submarine Massachusetts (SSN 798) in early OctoberThird quarter 2025
HII’s Ingalls Shipbuilding authenticated the keel today of Arleigh Burke-class guided missile destroyer Thad Cochran (DDG 135). The ship honors Thad Cochran, a Navy veteran and former U.S. senator who represented Mississippi from 1978 to 2018. Ceremony attendees included Cochran’s wife and ship sponsor Kay Webber Bowen Cochran and Ingalls shipbuilders.
Auramarine, a fuel systems expert for the marine industry, has announced the appointment of Ted Bergman as Director of Engineering and Projects. Bergman will lead the strategic development of the company’s engineering department, driving innovation and operational excellence in all fronts related to engineering design, consultation and automation.
On March 5, 2025, the United States Senate passed an important bill to authorize funding for our United States Coast Guard, after failing to do so in the previous Congress. S. 524, the Coast Guard Authorization Act of 2025, would if enacted into law authorize appropriations to fund the Coast Guard totaling $30.45 billion for fiscal years 2025 and 2026.
HII’s Ingalls Shipbuilding division has launched the future USS Jeremiah Denton (DDG 129), the third Flight III Arleigh Burke-class destroyer to be built at the shipyard.DDG 129 is named for former U.S. Sen. Jeremiah Denton Jr., a Vietnam War veteran who was awarded the Navy Cross for his heroism as a prisoner of war. Following his Navy career, he was elected to the U.S.
Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat.Others, however, say hurdles would loom for any bid to use the 1977 Panama Canal Neutrality Treaty
With the election (largely) settled, we turn our attention to the challenges and opportunities that the new Administration and Congress hold for maritime stakeholders.Maritime Challenges Out (and at) the GatesOn October 3, 2024, the United States Maritime Alliance (USMX) and the International Longshoremen's Association, AFL-CIO (ILA) reached a tentative agreement on wages
Senesco Marine has launched its sixth Crew Transfer Vessel (CTV), the WindServe Spartan, which will put to service for United States’ growing offshore wind industry.WindServe Marine, a sister company to the Rhode Island shipbuilder Senesco Marine - both part of the Reinauer Group - will operate the CTV.
HII’s Ingalls Shipbuilding division successfully completed the second builder’s sea trials for guided missile destroyer Ted Stevens (DDG 128), building on the success of the initial trials conducted at the end of September.The Arleigh Burke-class (DDG 51) destroyer spent multiple days in the Gulf of America testing the ship’s main propulsion, combat systems
HII’s Ingalls Shipbuilding division successfully completed builder’s sea trials for guided missile destroyer Ted Stevens (DDG 128), marking a major milestone in the construction of the second Flight III destroyer built at Ingalls.The trials were conducted over several days in the Gulf of America, and tested the ship’s engineering, navigation
U.S. corn futures climbed to a two-week high on Friday on technical buying and support from strong U.S. export sales, putting the market on pace for its strongest weekly advance in a month.Soybeans followed corn higher, although forecasts for a record-breaking Brazilian harvest limited gains, while wheat futures were mixed.