Jones Act – Professional Mariner

06 Aug

Crowley, SEACOR form Jones Act tanker company

Professional Mariner StaffMaritime NewsJones Act, Tugboats and towing

(FORT LAUDERDALE and JACKSONVILLE, Fla.) — Crowley and SEACOR Holdings have announced the formation of Fairwater Holdings LLC, an independent U.S. company that integrates the partners' petroleum and chemical transportation vessels, capabilities and personnel to provide U.S. Jones Act shipping solutions. Fairwater is active in all major Jones Act coastwise tank vessel trades, differentiating it from industry peers, and supports…

01 Jul

Carpenter: U.S. must renew its commitment to maritime

Professional Mariner StaffMaritime Newsbrownwater, Jones Act, Security, Tugboats and towing

By Jennifer Carpenter The United States must renew its commitment to a strong, reliable American maritime capability to confront emerging threats. China’s aggressive shipping expansion poses significant challenges to the United States and our allies. Global tensions have highlighted the vulnerability of maritime supply chains, and our domestic waterways remain a potential pathway for increasingly belligerent adversaries to cause harm.…

21 Jun

S. Korea’s Hanwha to acquire Philly Shipyard for $100 million

Professional Mariner StaffMaritime NewsJones Act, shipbuilding

(PHILADELPHIA) — Hanwha Systems and Hanwha Ocean have announced the acquisition of Philly Shipyard, a leading U.S. shipbuilder that has delivered approximately half of the large U.S. Jones Act commercial ships in the United States since 2000. Hanwha Systems and Hanwha Ocean will together invest $100 million in the deal to further their strategies to expand their global defense and…

23 Aug

Maritime Partners buys AMSC’s Jones Act tanker fleet

Professional Mariner StaffMaritime NewsJones Act

(LYSAKER, Norway and NEW ORLEANS) — Maritime Partners LLC, based in New Orleans, has reached a deal to acquire American Tanker Holding Co. (ATHC), a subsidiary of Norway-based AMSC that owns a fleet of 10 Jones Act product tankers. Maritime Partners' newly created Project Merchant Acquisition company signed a share purchase agreement with AMSC for $746.7 million. ATHC, through its…

11 Jul

AmFELS delivers second LNG boxship to Pasha Hawaii

Rich MillerMaritime NewsJones Act, shipbuilding, shipping

(BROWNSVILLE, Texas) — Pasha Hawaii and Texas-based shipbuilder AmFELS have announced the delivery of Janet Marie, the second of two Ohana-class 774-foot containerships powered by liquefied natural gas (LNG). The new vessel joins Pasha Hawaii’s fleet serving the Hawaii/mainland trade lane, as well as the company’s first Ohana-class vessel, George III, which began service on Aug. 17, 2022. Operating on…

29 Nov

AMP to New England governors: No blanket Jones Act waivers

Rich MillerMaritime NewsJones Act, shipping

(WASHINGTON) — The American Maritime Partnership (AMP) sent a letter Tuesday to Govs. Charlie Baker of Massachusetts, Ned Lamont of Connecticut, Janet Mills of Maine, Chris Sununu of New Hampshire, Dan McKee of Rhode Island and Phil Scott of Vermont to address calls for blanket Jones Act waivers to New England. The AMP directly addresses the governors' letter to Department…

22 Jun

Americraft Marine acquires St. Johns Ship Building

Rich MillerMaritime NewsJones Act, offshore wind, shipbuilding

(NEW YORK) — Americraft Marine on Monday announced the acquisition of St. Johns Ship Building, a full-service marine facility specializing in constructing and repairing Jones Act-compliant vessels, including those used to service offshore wind turbines. Based in Palatka, Fla., near Jacksonville, St. Johns Ship Building specializes in the construction and repair of a wide variety of steel and aluminum vessels,…