Mobile, Ala. shipbuilder Austal USA on Wednesday held a keel laying ceremony for LCU 1710, marking the official start of construction on the first of three Landing Craft Utility (LCU) vessels for the U.S. Navy.Austal USA was awarded a $91.5…
Austal USA Holds Keel Laying Ceremony for LCU 1710 Read More »
New-York-based McAllister Towing on Wednesday announced that officer, director and shareholder Eric McAllister is leaving the company to pursue other opportunities.Eric and brother Buckley McAllister, the company’s president, represent the fifth genera…
Eric McAllister Departs McAllister Towing Read More »
Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hold in the second half of 2022 and lasted for most of 2023, which could support petroleum consumption and prices later in 2024.But indicators from…
Global Freight Rises But Shows Signs of Weakness in US Read More »
KVH Industries, Inc. announced an expanded relationship with Starlink through a newly signed bulk data distribution agreement. The agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Sta…
KVH Inks Pooled Data Deal with Starlink Read More »
An unapologetic Larry Glassberg hints that the IPO for Icon Energy, Pavimar Shipping’s single-bulker spin-off, could be priced next week
Maxim strikes back: Controversial boutique bank makes the case for warrants-based deals Read More »