Thrustmaster Holdings B.V., affiliated with U.S.-based Thrustmaster of Texas Inc., has acquired a 58.5 percent stake in Blue Thruster, a Dutch-based maritime innovations company. With the transaction, Thrustmaster, a global… Read More
Company News
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, reported improved financial results November… Read More
American Queen Steamboat Company announced November 12 a definitive agreement to acquire the Victory I and sister ship Victory II from Sunstone Ships Inc., as well as the Victory brand. … Read More
Kirby Corporation announced November 12 that it has signed an agreement to acquire substantially all of CGBM 100, LLC’s inland marine tank barge fleet for an undisclosed amount. Under the… Read More
In late May, Patterson Manufacturing, Pittsburgh, Pa., signed off on its first custom fabrication project under its new division, Jack Fabrication Company. The company decided to expand its operations to… Read More
Lange Towing, a small, family-owned towing company in Morgan City, La., recently achieved what few companies have in the few months since Subchapter M went into effect. In August, the… Read More
Kirby Corporation announced net earnings of $41.8 million for the third quarter, compared with $28.6 million for the same quarter a year ago. Revenues were also sharply higher, $704.8 million… Read More
SEACOR Holdings Inc. announced October 23 its third quarter earnings, which saw an increase in operating income in its inland and ocean transportation and logistics businesses. The operating income for… Read More
Parker Towing Company Inc., Tuscaloosa, Ala., “one of the oldest, most respected barge lines in the country,” as its literature states, recently expanded its marine and terminal operations on the… Read More
Terral RiverService has renamed the six boats it bought when it acquired Kinder Morgan’s river assets in Blytheville, Ark., and Decatur, Ala., earlier this year. In addition to the towboats,… Read More
