British oil and gas producer Afren Plc sacked its chief executive, chief operating officer and two associate directors after an independent review into unauthorised payments found evidence of 'gross misconduct.'Shares in the company rose as much as 6…
Office to provide local support to LCS and JHSV programs.On October 8th, Austal celebrated the opening of our San Diego, Cal., Operations Office with a ribbon cutting ceremony. Joining Austal’s representatives at the ceremony were Mayor Cheryl Cox of the City of Chula Vista…
Modest traffic growth trends continued during the first six months of 2014 across U.S. transportation sectors, with generally improving second quarter growth seen at airports, ports and toll roads, according to a new Fitch Ratings report. 'While…
Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water…
As the U.S. Navy remains ever vigilant, taking the fight to the enemy, recent media reports have highlighted potential risk from information carelessly or inadvertently shared on social media.There has also been a steady stream of reporting…
Today the US Army Corps of Engineers released the Draft Integrated Feasibility Report and Environmental Impact Statement for the Post-45 Harbor Deepening project, recommending that the Charleston Harbor be deepened to 52 feet.'The Port…
Scudder Hall Galley at Naval Weapons Station Yorktown (WPNSTA Yorktown) was awarded its sixth consecutive 5-Star accreditation, Oct. 2, from Commander, Navy Region Mid-Atlantic (CNRMA). The 5-Star accreditation for food service excellence…
A 4-hours stop work meeting has been formally notified by the MUA at the PB Towage operations at the ports of Sydney, Brisbane, Melbourne and Newcastle on Friday 10 October.This comes after PB Towage and the respective maritime unions failed…
The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). Select highlights follow: • EIA projects average U.S. household expenditures for natural gas…
Workers at Israel's state-owned Haifa Port ended their strike on Tuesday, a day after they walked off the job in protest at a government plan to build private, competing ports.A spokesman for the Chamber of Shipping said the port workers…
NOAA, NASA and the Department of the Interior's Bureau of Ocean Energy Management (BOEM) have joined together to support three demonstration projects that will lay the foundation for the first national network to monitor marine biodiversity at scales ranging from microbes to whales…
Summit Set for October 8, 2014 at UNO’s Lindy Boggs International Conference Center from 8:30 a.m. until 12:30 p.m.With a focus on educating and engaging community stakeholders on maritime jobs opportunities, the Board of Commissioners of…
U.S. options market bulls rushed to some of the biggest Brazilian companies on Monday, a day after pro-business Brazilian presidential candidate Aecio Neves' surprisingly strong showing in the first-round election vote.Brazilian financial…
French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday…
Stabilisation follows a week of sharp falls Strong Asian and European stocks provide support Concerns of ample supply remain Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U…