DredgeWire has learned that the vessel was Federal II, a 95,759 dwt Aframax tanker built in Japan in 1990, recently converted into an FSO and formerly chartered for 10 years by China’s CNOOC. Reportedly, the cause of the fire was sparks from welding. The Board of Directors of ASL Marine Holdings Ltd. regrets to inform that an… Read More
Crowley, an international leader in logistics, marine and energy solutions, has announced a significant expansion of ocean shipping services with its first-ever route between the U.S. Northeast and Central America. Utilizing Crowley’s new, state-of-the-art Avance Class vessels, the five-day transit between the Port of Philadelphia’s Gloucester Marine Terminal and ports in Guatemala and Honduras enables the… Read More
Ghent University and DEME are proud to announce the launch of the new Chair “Nature-based Solutions for Resilient Coasts”. This collaboration aims to deliver a practitioner guide that summarizes nature-based approaches and provides guidance on how to design and apply them for the protection of coastal areas. The focus is on solutions that not only… Read More
NEW ORLEANS, June 24, 2025 /PRNewswire/ — Maritime Partners, LLC (“Maritime Partners”), a leading provider of maritime financing solutions primarily focused on Jones Act vessels, has announced the successful closing of a sale leaseback refinancing of the ground-breaking, hydrogen-powered passenger ferry “Sea Change,” developed by SWITCH Maritime LLC (“SWITCH”). The transaction marks Maritime Partners’ entry into the ferry… Read More
Canal Barge Co., one of New Orleans’ oldest family-owned businesses, will be purchased by Maryland-based Redwood Holdings, the companies announced Tuesday, marking the end of local ownership of the nearly century-old barge and transport firm. Financial terms of the deal were not disclosed. But Canal Barge will retain its local headquarters in New Orleans’ Central… Read More