Overseas Shipholding Group (OSG), viewed by many as the icon of US based shipping companies, has moved closer to the conclusion of its restructuring voyage, which began nearly two years ago in November 2012.

The US’ Bouchard Transportation has ordered a pair of 6000 bhp Articulated Tug Barge (ATB) tugs, to begin construction at VT Halter Marine later this year.

Since product tankers have occupied much of the ink, bytes and talking time devoted to Jones Act matters, a new BB&T Capital Markets analysis of the Jones Act container shipping markets makes for fascinating reading.

The Jones Act media wars have continued, with boosters of the US cabotage regime fighting back against a recent onslaught of anti-Jones Act diatribes authored by conservative funded think tanks.

The first quarter of 2014 yielded record setting results for Kirby Corporation, even after factoring in the horrible winter weather, and the impact of a casualty in the Houston Ship Channel in March.

Aker Philadelphia Shipyard ASA (AKPS) is selling its profit sharing interests in two Crowley product tankers, net proceeds of $33m.

Oivind Lorentzen III, ceo of Seacor Holdings, and the speaker at the Connecticut Maritime Association’s monthly lunch, drew a much larger than normal crowd as he spoke about topics ranging from Seacor’s business mix, serving industrial...

The day before yet another snowstorm saw two excellent events with a focus on the US maritime scene. The “Salt Talks” a seminar type venue hosted by Metro Group Maritime, a downtown New York based consultancy involved in cash flow management for...

Matson Inc, parent of the Hawaii-based US flag containership owner, has successfully tapped the capital markets, raising $100m of 30 year money, in bonds issued to private investors. The interest rate on the unsecured debt, purchased by New York...

The 2014 US maritime season has opened with activity on several fronts. In Washington, DC the Maritime Administration (MARAD), under its new Administrator Chip Jaenichen, hosted a three-day symposium on US maritime strategies going forward. The...