Lease Of 1 Cutterhead, Hydraulic Pipeline Dredge (Not Less Than 22-Inch Diameter), Fully Operated With Attendant Plant And Personnel, With A Draft Not To Exceed 9 FT, For Construction And Maintenance Dredging
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
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
CMC, the largest provider of integrated intermodal solutions in the U.S., today announced the retirement of Shawn Olshefski following 30 years with the company, concluding an extraordinary career defined by commitment, relationships and service to CMC’s customers and the broader maritime community. Mr. Olshefski joined CMC, then known as Marine Repair Services/Container Maintenance Corporation, at… Read More
Dominion Energy and NextEra Energy have proposed a revised benefits package as part of a $67 billion merger bid that adds additional perks for Virginia customers and makes cost and jobs promises. “We’ve certainly been listening to policymakers and our customers, and the package is in direct response to what we’ve been hearing,” said Dominion… Read More
