Category: Jones Act

CIT Names Managing Director to Lead Maritime Finance Business

Monitor Daily – 13 November 2018 CIT Group named Evan Cohen as managing director and group head for its Maritime Finance business. In his new role, Cohen leads a team of underwriting and business development professionals in building new client relationships and generating and closing loans secured by vessels and other maritime assets. Maritime Finance, part […]

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Dredging Industry Commemorates Pearl Harbor by Highlighting Industry Growth

International Dredging Review – 19 December 2018 The U.S.-Flag dredging industry commemorated the 77th anniversary of the Japanese air raid on the United States Naval Base at Pearl Harbor. The event highlighted the critical need for a robust American shipbuilding capacity to ensure for the preparedness of the nation. The U.S.-Flag Jones Act dredging industry […]

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*The Top 10 Maritime Stories for 2018*

Marine Link – Joseph Keefe – 7 December 2018 It wasn’t too long ago that offshore giant Tidewater emerged from Chapter 11 Bankruptcy. GulfMark did the same. Shortly thereafter, the two firms agreed to merge. The combined company will have a larger Jones Act fleet, but the percentage of the overall fleet that remains U.S. […]

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Trump Signs Waiver for Ship Idled for Violating Jones Act

Idaho Statesman (AP) – 6 December 2018 President Donald Trump has signed a waiver for a 264-foot (80.5 meter) fishing vessel stuck in a Washington state shipyard because it was built with too much foreign steel. The legislation offers a kind of conditional waiver, authorizing U.S. Department of Commerce Secretary Wilbur Ross to revoke the […]

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NBBB Delivers for Linblad Expeditions

Marine Link – 13 November 2018 Nichols Brothers Boat Builders (NBBB) was contracted by Lindblad Expeditions in December 2015, to construct two (2) new 100 guest passenger cruise vessels for exploratory cruising in Alaska; Baja, California; Pacific Northwest; Costa Rica & Panama, and Belize. Both vessels have joined the Lindblad Expeditions fleet. National Geographic Venture, […]

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Nola Propeller Club Honors Scalise

The Waterways Journal – Frank McCormack – 2 November 2018 The New Orleans Propeller Club’s annual Maritime Person of the Year Gala celebrated House Majority Whip Steve Scale, the 60th recipient of the club’s annual award. Scalise then touched on issues related to the maritime industry with which he’s involved. First, he emphasized the importance […]

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