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Monthly Archives: September 2022

Tom Perrine Recieves Rosenblatt-Michigan Award

Tom Perrine, Austal USA vice president of engineering, was recognized by the University of Michigan as the 2022 Rosenblatt-Michigan Award recipient. The award is presented annually by the University of Michigan College of Engineering’s Department…
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Baltic Dry Index Logs Best Month in Two Years

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday and logged its best month in 2 years propelled by a corresponding rise in capesize and panamax demand.The overall index, which factors ...
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DOF Subsea Nets U.S. Gulf of Mexico Work

Subsea services company DOF Subsea said Friday it had won multiple contracts in the U.S. Gulf of Mexico. The company has received a contract award for the provision of services to "a major operator" in the Gulf of Mexico, starting in the fourth quarter...
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Performance Shipping Acquires Secondhand Aframax Tanker

Tanker owner Performance Shipping announced on Friday that it has signed a deal to acquire a 105,525 dwt secondhand Aframax tanker from an undisclosed seller for $35 million.The vessel is the Phoenix Beacon, built in 2011 by Hyundai Heavy Industries in...
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