Jones Act

In the above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade

(Bloomberg) — Overseas Shipholding Group Inc.’s bonds and stocks plunged after the largest U.S. tanker company said in a regulatory filing

Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial keel laying today for

International Shipholding Corporation (NYSE: ISH) announced Thursday that it has entered into an agreement to acquire a 100% ownership of U.S. United Ocean

(Bloomberg) — The Louisiana Offshore Oil Port, the largest waterborne petroleum import terminal in the U.S., has begun to receive tankers of domestic

Kirby Corporation (NYSE:KEX) announced Tuesday that it has entered into an agreement to purchase tug and barge operator Allied Transportation Company for $116

Overseas Shipholding Group Inc. is running out of cash and must renegotiate a loan agreement as an industrywide slowdown and rejection of a federal debt

Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for

Jones Act Employers Will Not Be Held Responsible for Acts of Its Employees Which Are Not in Furtherance of the Employer’s Business Interests An important

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

WASHINGTON, DC – U.S. Representatives Elijah E. Cummings (D, MD-07) and Jeff Landry (R, LA-03) today introduced the Saving Essential American Sailors

West Coast jones act carrier Matson on Monday began trading on the NYSE as its own independent company and brand after changing it’s name officially from

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for

Ship Finance International Ltd. (SFL) agreed to terminate chartering agreements with Horizon Lines Inc. (HRZL) as the struggling U.S. operator undergoes a

By Klaus Luhta, KlausLuhta.com If you peruse news outlets and the internet you may notice a growing number of articles and blog posts denouncing the Jones Act,

– By Rich Madden On January 5, 2011, H.R. 3321 America’s Cup Act of 2011 was introduced in the first session of the 112th Congress. On the surface,

(US COAST GUARD) Coast Guard inspectors completed a port state control exam on the double-hulled ice-classed Russian tanker Renda today in Dutch Harbor.

Maritime unions have critized the U.S. Maritime Administration and David Matsuda for releasing a report last week on the cost of flying the U.S. flag. The

This deal was first announced in July when a Letter of Intent was signed for the vessels’ construction,  however both parties entered into a definitive

HOUSTON (Dow Jones)–ExxonMobil Corp. (XOM) said Monday its U.S. marine affiliate has signed an agreement for the construction of two crude oil tankers