American Commercial Lines Inc. (ACL) said that its Board of Directors has approved a stock repurchase program of up to $150m. The company completed its previous $200 million stock repurchase program in July of this year, representing approximately 7.8m shares of its common stock.
Related News
14 Jul 2026
Iranian Missiles Hit Two UAE Oil Tankers, One Person Dead
One Indian crew member was killed and eight others were wounded when two Emirati oil tankers were struck by Iranian cruise…
13 Jul 2026
Voyage Optimization Pilot Cuts Sleipnir Vessel’s Atlantic Transit by 2.5 Days
Heerema Marine Contractors has reduced the North Atlantic transit time of its semi-submersible crane vessel (SSCV) Sleipnir…
13 Jul 2026
Kongsberg Maritime to Acquire Berg Propulsion
Norwegian maritime technology company Kongsberg Maritime has agreed to acquire Swedish propulsion specialist Berg Propulsion…
10 Jul 2026
ADNOC L&S Orders Four LNG Carriers, Takes Delivery of VLAC Newbuild
ADNOC Logistics and Services (ADNOC L&S) has ordered four new liquefied natural gas (LNG) carriers from China’s Jiangnan…
Sponsored Content
Compliance, Performance, and Safety: Why Fleet Management Needs an Integrated Foundation
Maritime operators need fleet management technology that connects maintenance, procurement, compliance, and safety workflows rather than adding more complexity.
Corrosion-Free Motion for Yacht Lift Systems
Maintenance-free lift and crane systems built with igus® energy chains and guides