Following the recent passing of former Cong. James Oberstar, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle described the past chair of the U.S. House Transportation and Infrastructure Committee as “A tireless proponent…
Congressman John Garamendi (D-Fairfield, Calif.), Ranking Member of the House Transportation and Infrastructure Committee’s Coast Guard and Maritime Transportation Committee, released the following statement marking the passing of former Congressman and Chairman of the Transportation Committee…
Trucking, rail and port panelists will explore the benefits of improving America’s intermodal freight transportation system.On May 13, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle will join forces with CEOs representing trucking…
On Tuesday, May 6, at 9 a.m. EDT, the Maritime Administration and the Marine Transportation System National Advisory Council will host the second National Maritime Strategy Symposium in Washington, D.C. Building upon the first Symposium held in January…
Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it expects to save about 10 billion reais ($4.51 billion) by 2018 after one in eight employees agreed to quit under an early retirement plan.Petrobras, as the company is known…
Diamond Petroleum Ventures LLC (DPV), a thermal unit provider based in Lafayette, Louisiana, has appointed Em Roosevelt as technical sales representative. Roosevelt is responsible for direct sales and account management and will work toward…
The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry, and is presented at the Annual OTC Dinner Sunday, May 4.Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry…
With Coast Guard Cutter Eagle dressed overall as a backdrop, notables including Coast Guard Commandant Adm. Bob Papp, broke the ground for construction of the future National Coast Guard Museum.Connecticut Rep. Joe Courtney, Sen. Richard Blumenthal…
Europe’s latest Galileo navigation satellite has arrived at the European Space Agency’s (ESA) technical centre in the Netherlands for testing, as the previous two satellites are prepared for shipping to French Guiana for launch this summer.ESA explains…
Business advisory firm, AlixPartners say that Louis Besland has joined the firm’s global Energy Practice as a managing director and will be based in the consultancy's Dubai office.AlixPartners add that Besland has deep experience in the worldwide oil…
Stefanos Kazantzis, Financial Advisor of McQuilling Services Marine in an interveiw discusses the recent upswing in VLCC asset prices and current developments in the asset markets. Excerpts:About Asset Contango:Asset Contango is a situation…
A cruise ship returning to New York from the Caribbean with 4,500 passengers on board had to be towed into port on Sunday after getting stuck in the Hudson River, the U.S. Coast Guard said. The Norwegian Cruise Line ship was moored in the…
The Ship Production Symposium (SPS), hosted by the National Shipbuilding Research Program (NSRP) and the Society of Naval Architects and Marine Engineers (SNAME), and held in conjunction with the 2014 SNAME Maritime Convention (SMC), is an annual…
Greater energy efficiency and safety increasingly determine the selection of electric drives, even at high levels of power. With its IndraDrive CL/ML, Bosch Rexroth now offers a scaled product range of strong drive solutions from 110 kW to 4 MW for applications in metal forming…
Private equity firm Arsenal Capital Partners is considering a sale of its business that helps U.S. oil and chemical companies reclaim import taxes, a partner at the firm said.Timothy Zappala told Reuters that other options for the company…