BOEM, Jacksonville, U.S. Army Corps Ink Shore Protection Deal
The Bureau of Ocean Energy Management (BOEM) has signed an agreement with the City of Jacksonville, Fla., and the U.S. Army Corps of Engineers authorizing them to…
Caterpillar Maintains Dividend Rate
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock…
Expansion Underway at Hydro Group
Aberdeen-based subsea cable and connector specialist Hydro Group, has expanded its premises by investing £2 million in a new 13,700 sq ft bespoke facility, set to open in spring 2016.
Incat Crowther Delivers Nordic Maritime's Workboat
Incat Crowther informed that the 30m Catamaran Workboat Nordic Barakuda built at Marine Diesel Services was successfully delivered. The Nordic Barakuda has been…
India Test-fires N-Capable K-4 Missile from Arihant Submarine
India has successfully tested its most ambitious weapon system - a long range submarine-launched ballistic missile, codenamed K-4, from submarine INS Arihant. The…
Avalon Christens Newest Ship, Avalon Passion
River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship…
Yangzijiang Bags Orders for Six VLOCs
China’s biggest private shipbuilder Yangzijiang Shipbuilding Holdings Ltd has won orders for six dry bulk carriers worth a combined US$510 million. The 400,000 DWT…
ILO Minimum Wage for Seafarers to Stay at $614
The recommended International Labour Organization (ILO) Minimum Wage for Able Seafarers will remain at its current level of US$ 614 basic pay per month until at least 2018.
Croatia's Floating LNG Terminal Due in 2018
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav…
Total, KOGAS Extend Cooperation on LNG
Korea Gas Corp, the world’s biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters.
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