Maritime Partners buys AMSC’s Jones Act tanker fleet

Maritime Partners buys AMSC’s Jones Act tanker fleet

(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…
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AmFELS delivers second LNG boxship to Pasha Hawaii

AmFELS delivers second LNG boxship to Pasha Hawaii

(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…
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AMP to New England governors: No blanket Jones Act waivers

AMP to New England governors: No blanket Jones Act waivers

(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…
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Americraft Marine acquires St. Johns Ship Building

Americraft Marine acquires St. Johns Ship Building

(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,…
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