GAC, Far East Development Fund Team up to develop NSR
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR)ā¦
Incat Crowther Delivers SEACOR Marineās 2nd FSV
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marineās Express Plus class of Fast Support Vessels (FSV). Sistership to the Alyaā¦
Terex Port Solutions Debuts New Reach Stacker
Terex Port Solutions (TPS) will present the Liftace 5-36 reach stacker, the next machine of its line of new-generation lift trucks at bauma trade fair (11 to 17 April in Munich).
Murmansk's VI International Conference - "Logistics in Arctic"
April 12 in Murmansk held VI international conference on "Logistics in Arctic". The conference was organized by the Association of contractors of the Arctic "Murmanshelf"ā¦
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 toā¦
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 stockā¦
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 beenā¦
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. Theā¦
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 Shipā¦
Yangzijiang Bags Orders for Six VLOCs
Chinaās biggest private shipbuilder Yangzijiang Shipbuilding Holdings Ltd has won orders for six dry bulk carriers worth a combined US$510 million. The 400,000 DWTā¦
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 Tomislavā¦
Total, KOGAS Extend Cooperation on LNG
Korea Gas Corp, the worldās biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters.
Obama to Issue New Offshore Drilling Rules
The Obama administration will announce Thursday safety regulations for offshore oil and natural gas drilling to prevent the kind of explosion that happened six years ago on a BP rig in the Gulf of Mexico, an official told Reuters. The Department of Interior will unveil the final version of its well control regulations, which will require more stringent design and operating procedures for well control equipment used in offshore oil and gas operationsā¦
āAggressiveā Russian Aircraft Buzz by US Warship
A U.S. destroyer vessel operating in international waters in the Baltic Sea experienced several close interactions by Russian aircraft on April 11 and 12, the U.S. Navy announced, calling the encounter āunsafeā, āaggressiveā and āunprofessionalā. āApril 11-12, USS Donald Cook was operating in a professional manner in international waters conducting operations and exercises with our allies in the Baltic Sea,ā said Adm. Mark Ferguson, Commander, U.S. Naval Forces Europe-Africa.
Upstream O&G Companies Face Interest Payments Friday
At least 10 upstream oil and gas companies, cramped for cash in the oil downturn, must make coupon payments Friday, April 15, according to Thomson Reuters data.
Tenants Sign on PDX Logistics Center Phase III
The Port of Portland Commission today approved a 14-acre, 50-year lease with locally based Capstone Partners and its investment partner PCCP, LLC to develop Phase III of the PDX Logistics Center.
Great Lakes Group in 2016 Hiring Push
Facing continued growth driven by client demand, the Great Lakes Towing Company and Great Lakes Shipyard have together added 20 new employees in Q1 2016 and are looking to hire an additional 50+ employees before the end of Q4 2016. āWeāre looking out for the future,ā said the companyās president, Joe Starck. āWeāre strategically focusing our efforts on finding, developing and training a team of professionals for a growing workforce to successfully accomplish the contracts we have nowā¦
Cruise Ship Industry Sues Alaska Capital over Artificial Island
City leaders in Juneau, Alaska, have misspent millions in fees from cruise ship passengers to build an artificial island with a life-sized statue of a humpback whaleā¦
