Investors pile into shipping stocks on first day of Trump’s Hormuz blockade
Twenty of 21 shipping stocks gained
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Maritime union proposes tax break to tempt more cargo onto US-flag ships
Leader of Marine Engineers’ Beneficial Association believes in a demand-first approach to US maritime revitalisation
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Laborde Products Powers M/V Larry Gravely Towboat
Laborde Products powered the newbuild M/V Larry Gravely, constructed by Diversified Marine in Houma, Louisiana.The twin-screw towboat is equipped with a pair of Mitsubishi Tier 3 S6R2 main engines, each rated at 803 horsepower at 1,400 RPM.
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Freire Shipyard Launches Armada Diving Support Vessel
The Spanish shipyard C.N.P. FREIRE, S.A. (Freire Shipyard) held the launch ceremony of the diving support vessel, hull number 739, built for the Armada Logistics Support Command: A22 Proserpina in Vigo. Delivery is scheduled for later this year.The…
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Balloo Hire Center Appointed by Navantia UK as Equipment Supplier for Belfast FSS Program
Navantia UK has appointed Balloo Hire Centre, part of the Briggs Group, as its preferred hire equipment supplier for the Fleet Solid Support (FSS) program at its Harland & Wolff shipyard, building on a series of recent contracts with local suppliers.Ba…