MCP Appoints Støldal CEO
MCPās Board of Directors appointed Frode Støldal as new CEO for the Telenor subsidiary. Støldal replaces MCPs founder, Knut Fjellheim, who has served as interim-CEO and now returns to his previous role as COO/CTO. Frode Støldal has vast management experience from across the Telenor-Group. Prior to his role as CTO in Telenor Norway where he was responsible for deploying a new LTE (4G) network, Støldal served as Head of Technology for Telenor in Asiaā¦
Chinese Fishing Vessel Sinks, Seven Rescued
Seven Chinese crew members were rescued after their fishing vessel caught fire and sunk at 18 NM Southeast off Mouligi Island, Mapun in Tawi-Tawi, August 13, 2014.
Major Drybulk Ship Operator Lowers 2014 Expectations
Danish shipping company D/S Norden, one of the biggest dry bulk shipping companies in the world, said it would not make a profit this year after posting a loss inā¦
GLDD Report Solid Q2 2014 Dredging Sector Performance
For the three months ended June 30, 2014, Great Lakes reported Revenue of $184.7 million, Income from continuing operations of $3.9 million and Adjusted EBITDA fromā¦
Google Consortium to Lay 'FASTER' Trans-Pacific Cable
Google and five other large companies team up to build a cable under the Pacific Ocean that will deliver incredibly fast internet speeds informs system supplier NEC Corporation.
Dry Bulk Carrier Segment Revival Seen by Analyst
Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sectorās most bearish run since theā¦
APM Terminals Invests in Turkish Port Trade Expansion
APM Terminals Izmir, Turkey, says the installation of new ZPMC container cranes in Petkim Port will allow shipping lines to upgrade the size of vessels calling at Izmirā¦
Port of Hueneme to Get US$400,000 Security Upgrade
The Port of Hueneme announced that it will receive more than $400,000 in funds from the U.S. Department of Homeland Security (DHS) through the Fiscal Year 2014 Port Security Grant Program (PSGP).
HAL Launches āDiscover Canada & New Englandā
Holland America Line launched a āDiscover Canada & New England Sweepstakesā that will award five of the lineās Pinterest followers a $500 American Express gift card. The sweepstakes runs through Sept.
Married Couple Set Mid-Pacific Rowing Speed Record
Meredith Loring and Sami Inkinen, a married couple based out of the San Francisco Bay Area, began their unsupported rowing expedition on June 18, 2014, out of Monterey Harborā¦
Fortis Acquisition of UNS Energy Approved
Fortis Inc. and UNS Energy Corporation announced today the issuance of the final written approval by the Arizona Corporation Commission of the Corporation's agreement to acquire UNS Energy.
