SEPTEMBER 24, 2018 — President Donald Trump has signed into law the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act, a three-part package that includes appropriations for dredging activities in harbors and channels, important infrastructure projects and beach and coastal restoration.
The $147 billion measure includes a 2.4% increase in military construction spending and an 11% funding increase for the U.S. Army Corps of Engineers’ Civil...
SEPTEMBER 22, 2018 — The Grimaldi Group’s Atlantic Container Line (ACL) christened its newest G4 vessel, the Atlantic Star, yesterday at the Helen Delich Bentley Port of Baltimore’s Dundalk Marine Terminal. Commissioner Rebecca Dye of the Federal Maritime Commission (FMC) served as the ship’s godmother for the ceremony, breaking the traditional bottle of champagne on the ship’s hull.
Built in China by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., the UK-flag Atlantic Star is the last of a...
SEPTEMBER 21, 2018 — Could a major merger in the LPG carrier sector be in the works after all? In a filing with the SEC, Dorian LPG Ltd. (NYSE: LPG) reports that it is continuing to meet with BW LPG Ltd. (OSE: BWLPG) to discuss its unsolicited proposal to combine with Dorian in a stock-for-stock transaction (see earlier story).
In its filing, Dorian says that on “September 20, 2018, its senior management team — including Chairman John Hadjipateras, Chief Financial Officer Theodore Young and...
SEPTEMBER 21, 2018 — J. Barry Snyder, President & CEO of Ingleside, Texas, based Signet Maritime Corporation has been awarded the U.S. Coast Guard Meritorious Public Service Award for his outstanding contributions to the Port of Corpus Christi, Ingleside and the U.S Coast Guard.
The award was presented in a ceremony at Signet Maritime’s headquarters by by Rear Admiral Paul F. Thomas, Commander, Eighth Coast Guard District.
Mr, Snyder and Signet supported the Coast Guard on three separate...