Five shipping execs headed to jail for fixing Puerto Rico rates

The following is the text of a press release issued by the U.S. Justice Department:   (WASHINGTON) -- Four U.S. shipping company executives have agreed to plead guilty and serve jail sentences for their roles in a wide-ranging conspiracy to rig bids, fix prices and allocate market shares for customers transporting goods between the continental United States and Puerto Rico…
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Gunderson Marine to build 10 massive heavy-lift barges for Crowley

The following is the text of a press release issued by Greenbrier Cos.:   (LAKE OSWEGO, Ore.) -- The Greenbrier Companies (NYSE: GBX) announced today that its Gunderson Marine division in Portland, Oregon has signed contracts with Vessel Management Services, a subsidiary of Crowley Maritime Corporation, to build 10 heavy lift series deck cargo barges. Greenbrier's marine backlog now exceeds…
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Gladding-Hearn delivers new Circle Line sightseeing boat

The following is the text of a press release issued by Gladding-Hearn Shipbuilding:        (SOMERSET, Mass.) -- Gladding-Hearn Shipbuilding, Duclos Corporation, has completed construction of the first of three new sightseeing vessels for Circle Line Sightseeing Yachts, Inc., in New York City.  Delivery of vessel, the owner’s first in more than 60 years, was celebrated in Manhattan on September…
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