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Industry News

USCG Cutter Galveston Island Transferred We are proud to have supported the U.S. Coast Guard and Department of State in the recent transfer of the decommissioned USCG Cutter Galveston Island to Costa Rica. The vessel arrived in Puerto Caldera, CR this week after a 4,400 nautical mile journey from its previous home port  in Honolulu, […]

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Data Suggests Freight Recession Fears Overblown “Freight Recession” fears have been in the news recently, with many media pundits fanning the flames. Is there a “freight recession” underway in the U.S.?  While some sectors are struggling, most notably the rails and the oil field industries, the evidence remains somewhat anecdotal and often conflicting. Our most […]

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_________________________ Update: See this recent CNBC report for an update on the likelihood of Greek shipping companies helping their country out of the present debacle. _________________________ As the Greek government and European Union (EU) ministers continue their ongoing game of chicken with the country’s economic future, little has been said or written about the impact […]

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