If nothing else, shipping is about good timing, which breaks down to various proportions of luck, external waves and winds supporting plans and strategies, and pluck, good execution, financially and operationally. So it goes with American...
This week saw more evidence of the impacts of the US “energy renaissance” on both the tanker and the offshore sectors. An order for two more Jones Act tankers was announced; this time, with Seabulk Tankers, wholly owned by Seacor, set to build two...
The health of the US coastal trades can be seen explicitly from the recently announced second quarter 2013 results for New York-listed Kirby Corporation. Kirby, best known as a consolidator in the brown-water inland and intra-coastal barge...
Soaring rates for tankers trading on the US domestic trades under the Jones Act were a hot topic at one of the panels at last week’s Marine Money conference in New York.