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AWO Welcomes Three New Members. Please join AWO in giving a warm welcome to our newest members: First Citizens Bank provides maritime financial services, including vessel loans and charters. Palmer Johnson Power Systems offers applications and service support to the marine industry and has ten sales and service branches across North America. WireCo Synthetics supplies steel ropes and synthetic… Read More
The Marine Corps is seeking the authority to promote some officers to the rank of lieutenant colonel and colonel temporarily, in a bid to fill jobs with a shortage of leaders. These officers would receive the pay and wear the rank insignia commensurate with the higher grades while they occupy particular billets, according to a March 29… Read More
U.S. defense tech company Anduril Industries and South Korean shipbuilder HD Hyundai Heavy Industries said they’re teaming up to reimagine and expand American and allied seapower. The collaboration could take many forms, including pairing current Anduril software capabilities with Hyundai’s manned and unmanned platforms, according Anduril Chief Strategy Officer Christian Brose, who told Defense News… Read More
Anglo-Eastern Univan Group and Euronav announced the Heads of Agreement for the sale of Euronav ship management arm Euronav Ship Management Hellas (“ESMH”), Euronav’s ship management arm. The HoA is subject to further documentation and final board of directors’ approval. Anglo-Eastern will take ownership of the ship management responsibilities of vessels under ESMH management an on ‘as-is’… Read More
BATON ROUGE, LA — The Louisiana Coastal Protection and Restoration Authority (CPRA) today announced recipients of its annual Coastal Science Assistantship Program (CSAP). CSAP enables faculty members of Louisiana institutions to fund Master of Science students enrolled full-time at Louisiana colleges and universities who are involved in research relevant to Louisiana coastal protection and restoration efforts. The… Read More
FRANK ADAMS (CHIEF, UPPER MATTAPONI INDIAN TRIBE): My name is Frank Adams. I’m Chief of the Upper Mattaponi Tribe. This is approximately 855 acres of reclaimed soil that used to be a sand and gravel mining operation. And when this property came onto the market, came up for sale, we decided that we could buy this… Read More
Last year, the Trustees of Ahtna Hwt’aene (People’s) Trust agreed to provide two dividend distributions per year. The Trustees have declared the Spring Shareholder dividend distribution for the year of $6 per share. The distribution will be made to all shareholders of record as of February 16, 2024. In addition, the second quarterly Elder dividend… Read More
Shell, a leading global energy supplier, recently honored Crowley for creating high loyalty and brand performance among its customers in Alaska and the U.S. West Coast. Shell recognized the commitment by Crowley Fuels, the company’s Alaska business unit, for delivering excellent service in 2023 in the retail segments that Crowley supplies as a wholesaler. Crowley… Read More
Maintaining resilience during the Red Sea situation. Download the latest updates Challenges persist in the Red Sea The recent situation in the Red Sea/Gulf of Aden has created numerous logistics challenges for global trade. UK Maritime Trade Operations reports 33 attacks to date and most carriers are now rerouting the majority of vessels around the… Read More
For consulting and engineering organization Arcadis, a company that operates globally in the fields of buildings, infrastructure, environment and water, ERP, CRM and HCM are extremely important and closely intertwined. An application platform such as Oracle Fusion is indispensable. We spoke with Bram Mommers of Arcadis during Oracle Cloud World Tour in London. He is… Read More
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Orion Marine Group (ORN) been one of those stocks this year? Let’s take a closer look at the stock’s year-to-date performance to find out. Orion Marine Group is one of 96 individual stocks… Read More
NEW YORK, April 8, 2024 /PRNewswire/ — Americraft Marine, one of the maritime subsidiaries of Libra Group that owns and operates a Jones Act ship building facility in Palatka, Florida, has announced the appointment of Peter Fetten as Chairman of Americraft. A seasoned leader with four decades in the marine engineering and shipbuilding sectors, Fetten will help shape the strategic direction… Read More
Shipbuilders for US Navy (USN) programmes had braced for a growing work demand signal before the onslaught of the Covid-19 pandemic, but the pandemic’s impacts exacerbated the challenges of that growing manufacturing need, according to Chris Kastner, HII president and CEO. Shipbuilders, suppliers, and the USN are investing – but still struggling – to meet… Read More
Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk Carriers Corp. (“Star Bulk”), Star Infinity Corp…. Read More
Axis Global Logistics on Tuesday named Jeffrey Delli Paoli as chief operating officer of the Piscataway-based firm. Effective immediately, Delli Paoli will lead operations at the 25-year-old global third-party logistics company. With over 40 years of experience in the logistics industry, Paoli brings a wealth of knowledge and expertise to the Axis team. “We are thrilled… Read More