NYSE-Listed SEACOR Holdings to Go Private in $1 Billion All-Cash Deal
Fort Lauderdale, Florida-based SEACOR Holdings has announced that it has entered into a definitive agreement to take the company private in a deal that values
gCaptain’s full coverage of Jones Act news stories. The Jones Act, officially the Merchant Marine Act of 1920, requires that goods transported between U.S. ports be shipped on U.S. built, owned, operated, and crewed vessels.
Fort Lauderdale, Florida-based SEACOR Holdings has announced that it has entered into a definitive agreement to take the company private in a deal that values
The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major
EDITORIAL NOTE: Elements of this story have been fictionalized for brevity. OP-ED By John Konrad (gCaptain) Those five words have special meaning. They
Naval architect Vard Marine has been awarded its second Approval in Principle from the American Bureau of Shipping for a Jones Act-compliant service operation
The second of two Kanalao-class “con-ro” ships for Honolulu-based Matson, Inc. (NYSE: MATX) was launched last week at General Dynamics NASSCO
Salvatore R. Mercogliano, Ph.D. – June 5, 2020 marks the centennial of the Merchant Marine Act of 1920, commonly referred to as the Jones Act.
By Jennifer A. Dlouhy (Bloomberg) — U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump
File Photo: Ken Schulze / Shutterstock.com</font> Indiana-based barge company American Commercial Lines announced Tuesday an agreement with its lenders
The U.S. Customs and Border Protection has decided to revoke a number of previous letter rulings related to the enforcement of the Jones Act that could result
By Meghan Lapp – The Jones Act, or Merchant Marine Act of 1920, has been the foundation of U.S. maritime commerce for 100 years, requiring coastwise
U.S. shipbuilder Philly Shipyard has started work on its first government contract, kicking off short-term repair work on the U.S. Department of Transportation
All shipbuilding and repair work has completely dried up at Philly Shipyard following the delivery of the second of two container ships for Matson back in
By Ira Breskin (Business of Shipping) – It should be smooth sailing for the foreseeable future for operators of large Jones Act vessels, speakers said
The U.S. Supreme Court has resolved split circuit court decision sin the personal injury case of Dutra Group v. Batterton, ruling that an injured Jones Act
May 22 is National Maritime Day in the United States. Initiated by President Franklin Delano Roosevelt in 1933, it commemorates the sailing of the
By David Shepardson WASHINGTON, May 1 (Reuters) – A Republican U.S. senator on Wednesday said President Donald Trump will not waive rules requiring that
By Salvatore R. Mercogliano, Ph.D. – Maritime news hubs and trade associations are abuzz with rumors that the Trump Administration is
By David Shepardson WASHINGTON, April 30 (Reuters) – President Donald Trump is set to meet with Republican senators on Wednesday over a proposal to
By Jennifer A. Dlouhy, Jenny Leonard and Jennifer Jacobs (Bloomberg) — President Donald Trump is seriously considering waiving the requirement that only
U.S. shipping firm Matson (NYSE: MATX) christened the second of two Aloha Class containerships built for Matson at Philly Shipyard. The new vessel, named
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