By Gavin van Marle (The Loadstar) – Rumors are gaining ground in shipbroking circles that Maersk is on the verge of making a series of huge new orders for vessels, potentially doubling its newbuilding pipeline. Over the course of last week, analysts at Linerlytica noted that the Danish carrier had been the most active carrier on… Read More
Trimble today announced the launch of the Trimble® ST30 smart target, a new-generation surveying system. This system breaks new ground by integrating optical and subscription-based GNSS functionality into a single smart target solution. Setting a new standard for traceability, redundancy, versatility and safety, the ST30 introduces key innovations, including tilt compensation and automatic rod height… Read More
By Sam LaGrone Three new shipyards have been tapped to construct seven Landing Craft Utility landing vessels as part of an overall $280 million deal to expand the production of the heavy-lift amphibious connector, the Navy announced Tuesday. Conrad Shipyard, LLC of Orange, Texas, Master Boat Builders, Inc. of Coden, Ala., and Saronic Technologies of… Read More
Turn Services, a leading provider of barge fleeting, shifting and towing services along the Lower Mississippi River and Gulf Intracoastal Waterway, announces the completion of its acquisition of St. John Fleeting, LLC and its affiliate companies. For 50 years, St. John Fleeting has been a respected presence on the Lower Mississippi River. The acquisition brings… Read More
Austal (ASX:ASB) received a bid for its US assets from a Miami-based, privately owned investment firm, valuing the Australian shipbuilder’s US operations at a higher price than Korea’s Hanwha Group’s recent proposal. The non-binding proposal from Wildcat Infrastructure has an enterprise value between $1.25 billion and $1.35 billion, on a cash-free and debt-free basis, compared… Read More
