China's seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but Russia's plan to cut exports will likely cap buying in coming months.Hefty Chinese buying…

The family of Crandall Dry Dock’s late owner P. Brian Duffy is seeking a buyer for the Bourne, Mass. shipyard engineering and services firm.Originally founded in Boston in 1854, Crandall Dry Dock was acquired by Duffy, a former employee, in 1994.

Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind turbine installation vessels (WTIV)…

Paducah, Ky. based Marquette Transportation Company earlier this year held a christening ceremony in New Orleans for its towboat Charles Reid Perry.The vessel, built in 2019 by C&C Marine and Repair in Belle Chasse, La., is named after the grandson of Marquette executive chairman John Eckstein.