PHOTO RELEASE–Huntington Ingalls Industries Completes Overhaul and Modernization of USS Ramage (DDG 61)

PHOTO RELEASE–Huntington Ingalls Industries Completes Overhaul and Modernization of USS Ramage (DDG 61)

ASCAGOULA, Miss., Aug. 22, 2017 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division redelivered the Arleigh Burke-class (DDG 51) guided missile destroyer USS Ramage (DDG 61) to the U.S. Navy on Monday, four days ahead of schedule.

Philly Shipyard announces TOTE Maritime as its partner under the previously disclosed Letter of Intent to build up to four new containerships

Philly Shipyard announces TOTE Maritime as its partner under the previously disclosed Letter of Intent to build up to four new containerships

Philadelphia, PA (August 17, 2017). Reference is made to a release today by Saltchuk where the company announced its plan to expand its domestic shipping services to Hawai’i under its TOTE Maritime brand (TOTE).

Navios Maritime Containers Inc. Announces Completion of the Acquisition of 14 Container Vessels

Navios Maritime Containers Inc. Announces Completion of the Acquisition of 14 Container Vessels

MONACO, Aug. 07, 2017 (GLOBE NEWSWIRE) — Navios Maritime Containers Inc. (“Navios Containers”) (N-OTC:NMCI), a growth vehicle dedicated to the container sector, announced today that it has closed the acquisition of the remaining four container vessels and as a result has completed the acquisition of the entire 14 container vessels fleet (the “Fleet”).

Navios Maritime Partners L.P. Announces Pricing of a $53 million Incremental Term Loan under its Existing Term Loan B Facility

Navios Maritime Partners L.P. Announces Pricing of a $53 million Incremental Term Loan under its Existing Term Loan B Facility

MONACO, Aug. 03, 2017 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM), an international owner and operator of container and dry bulk vessels, announced today the pricing of a $53 million incremental term loan under its existing Term Loan B facility, dated March 14, 2017. 

Philly Shipyard Signs Letter of Intent with a Leading Jones Act Operator to Build Up to Four New Containerships for the Hawaii Trade

Philly Shipyard Signs Letter of Intent with a Leading Jones Act Operator to Build Up to Four New Containerships for the Hawaii Trade

Philadelphia, PA (July 21, 2017) -Philly Shipyard, Inc. (PSI), a wholly-owned subsidiary of Philly Shipyard ASA (Oslo: PHLY), is pleased to announce that it has entered into a Letter of Intent (LOI) with a blue chip U.S. shipping operating company for the construction and sale of up to four new, cost-efficient and environmentally friendly containerships with planned deliveries in 2020 and 2021.