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Top News In Falvey Today - Breaking & Trending Today

Falvey chief relationship officer to retire

Industry veteran will transition to a board position ....

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Falvey names new head of cargo

"Cargo is a vital component of our business," CEO says ....

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Falvey launches inland marine coverage

Company also onboards six industry veterans to bring product to market ....

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Falvey launches coverage for logistics service providers

Product provides coverage for the evolving risks of the supply chain industry ....

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Alaska officials work to close sale of fast ferries to overseas bidder

Alaska officials work to close sale of fast ferries to overseas bidder
Published February 25
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JUNEAU The Alaska Marine Highway System is working to finalize the sale of its fast ferries to an overseas bidder, officials said.
Mediterranean-based catamaran operator Trasmapi SA offered about $4.6 million for the M/V Fairweather and M/V Chenega ferries, CoastAlaska reported Wednesday.
The offer was less than half the $10 million reserve price set by the state.
Bids were opened Jan. 13, and a state procurement officer at the time said a lower price could still be negotiated.
John Falvey, general manager of the state-run ferry system, told the Senate Transportation Committee Tuesday that the state has “a responsive bidder” and that officials were continuing to work to close the deal. ....

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