Industry
MARAD Cuts Its Title XI Application Fee by 80% in a First Overhaul Since 1978
The US Maritime Administration has cut the application fee for its federal vessel and shipyard financing programme to $1,000 and replaced the investigation fee with a commitment fee.
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Industry
Antin Completes Acquisition of Vigor Marine Group From Lone Star
France's Antin Infrastructure Partners has completed its purchase of Vigor Marine Group, the Portland-based ship repair and fabrication group with six drydocks, 29 berths and about 2,700 employees.
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