During last year's drought crisis, the AWO won high praise from the Secretary of Transportation for its efforts to help the barge and towing industry. "I want to officially commend the American Waterways Operators for an outstanding job in helping
M-Class Design Candidate For ANZAC Program The Royal Schelde shipyard of the Netherlands recently christened and launched the second in a series of eight new class frigates for the Royal Netherlands Navy. The Willem van der Zaan is the second
As was the case when the Erika went down off the coast of France in late 1999, much (unwanted) attention has been focused on the classification society for the damaged product tanker Castor, in this case American Bureau of Shipping. Unlike the aforementioned example,
One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's effective risk assessment requires a thorough understanding of the vagaries that characterize the industry.