Saltchuk makes a new offer for OSG

Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG’s largest shareholder, made an earlier offer to acquire the rest of OSG in June 2021 but suspended those discussions that September, citing pandemic-related market uncertainties.

Today, OSG confirmed that its board of directors had received an unsolicited non-binding indication of interest from Saltchuk for...

USCG recovers more human remains from Titan submersible wreck site

Marine safety engineers with the Coast Guard’s Marine Board of Investigation (MBI) recovered and transferred remaining Titan submersible debris and evidence from the North Atlantic Ocean seafloor, October 4. Additional presumed human remains were among the evidence recovered. They have been transported for analysis by U.S. medical professionals.

Previously, presumed human remains had been among evidence received by the Coast Guard on June 28.

Investigations thus far indicate that the Titan...

SEACOR Holdings sells U.S. harbor towing business

SEACOR Holdings Inc. says its Seabulk Towing Holdings Inc. subsidiary is to sell its U.S. harbor towing operations and assets. They are being bought by two fifth-generation family-owned companies: New Orleans headquartered E.N. Bisso & Son, Inc. and Houston headquartered Bay-Houston Towing Co.

The E.N. Bisso transaction includes 12 harbor towing vessels serving ports in Florida and Alabama. Bay-Houston is acquiring eight vessels operating in Texas along the Sabine Neches Navigation District and...

Πόλυς Β. Χατζηιωάννου: Σε εξέλιξη πρόγραμμα ανανέωσης του στόλου της Safe Bulkers

Σε διαδικασία ανανέωσης του στόλου της βρίσκεται η εισηγμένη στη χρηματαγορά της Νέας Υόρκης (NYSE) Safe Bulkers, Inc. συμφερόντων τoυ Πόλυς Βάσου Χατζηιωάννου.

Καταρχήν αγόρασε το ναυπηγήσεως 2013 στην Ιαπωνία, φορτηγό Panamax χωρητικότητας 78.000 τόνων έναντι 22 εκατομμυρίων δολαρίων. Το πλοίο θα παραδοθεί στην εταιρεία τον Αύγουστο του 2021. Η αγορά έγινε με ρευστό της εταιρείες. Νωρίτερα είχε αποκτήσει δύο ακόμη Panamax πλοία, ένα ναυπηγήσεως 2011 και ένα 2013 ιαπωνικών συμφερόντων. Την ίδια...

NSRP funds panel project on automated detail planning

The National Shipbuilding Research Program has awarded funding for a panel project on Automated Detail Planning and Instant Earned Value Control.

The panel members are Netherlands-based Floorganise BV and ShipConstructor Software USA, Inc. (SSI USA), along with project partners Austal USA, Fincantieri Marinette Marine and Philly Shipyard.

The project aims to automate the detail planning process coordinated with the project plan through a direct integration with engineering data. It allows for...

US-based provider to transform MSC global communication systems

Mediterranean Shipping Company MSC has selected the Californian communications platform provider 8×8, Inc. to accelerate its global digital transformation.

8×8 will support MSC to transform its global communications, collaboration and customer engagement infrastructure onto a single cloud platform, deploying the 8×8 Open Communications Platform, including 8×8 Voice for Microsoft Teams, internationally across more than 155 countries and 493 locations.

MSC has harmonised its approach to systems and...

XPO plans to close distribution center in northeast Pennsylvania

XPO Logistics, Inc. (NYSE:XPO) will close a distribution center in Jenkins Township, Pennsylvania, and eliminate all 111 jobs at the facility, the Greenwich, Connecticut-based giant said in a recent filing with the state.

XPO made the decision after an unidentified customer chose to use another logistics vendor, a company spokesman said. The Times-Leader, a paper based in Wilkes-Barre, Pennsylvania, said that consumer and industrial titan Kimberly-Clark Corp. (NYSE:KMB) has been a tenant at the...

The Top 10 Shipping Container Companies in The U.S!

  • The top shipping containers companies in the USA are based on the information from Alphaliner.
  • It is based on the record of the size of the container ship fleets based on twenty-foot equivalent units (TEUs).
  • This is how many twenty-foot shipping containers a company can take at any provided time.

A recently published article in Vizaca, by Robert M. Long brings forth the top 10 shipping container companies in the USA on the basis of the information obtained from Alphaliner.  Now, here is the...

ICTSI terminals enhanced with high-tech devices

Terminals in Lae and Port Moresby install rugged VERSO™ 12 computers to maximize everyday terminal container handling efficiency

JLT Mobile Computers, a leading supplier of reliable computers for demanding environments, has strengthened its long-standing relationship with global port operator ICTSI (International Container Terminal Services, Inc.) with the deployment of its VERSO™ 12 computers at the operator’s new container terminals in Papua New Guinea.

ICTSI is one of the top five major...

Seaspan equips its global fleet with KVH innovation

KVH’s solution is critical to maritime operations, business applications, and crew welfare for the 107 vessels

KVH Industries, Inc. announced that Seaspan completed the implementation of KVH mini-VSAT Broadband connectivity for all 107 managed vessels in its global container ship fleet. Seaspan selected KVH’s TracPhone V7-HTS/AgilePlans and KVH’s TracPhone V11-IP for the vessels.

“We chose KVH for the ability to have a superior end-to-end solution from one provider, which can be customized as per...

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