UniSource Energy Services (UES), an indirect, wholly owned subsidiary of Fortis Inc., has strengthened its generating portfolio and reduced its reliance on the wholesale energy market through the purchase of a share of the efficient natural gas-fired Gila River Power Station in Gila Bend…
Caterpillar Inc. today announced the following officer changes effective January 1, 2015: * Julie Lagacy will become the company’s Chief Information Officer and vice president with responsibility for the Global Information Services Division…
• Public Offer of 53,763,000 Units approximately 9.6 times subscribed, valid applications amount to approximately S$478.7 million• Largest REIT IPO in Singapore year-to-date with S$512.9 million raised• Commencement of trading of Keppel DC REIT on the Main Board of the SGX-ST at 2…
In response to the continuing crisis in the Mediterranean, necessitating commercial ships to rescue tens of thousands of migrants and refugees during 2014, the International Chamber of Shipping (ICS) has published new Guidance on Large Scale Rescue Operations at Sea…
U.S. lawmakers gave a preview on Thursday of a looming fight next year on lifting the ban on crude exports with supporters saying it would sustain the drilling boom and others questioning its impacts on industry and fuel prices. In a House of Representatives hearing on the ban…
Port Everglades is experiencing a surge in international trade with a 11 percent increase in TEUs (20-foot equivalent units, the industry’s standard measurement for container volumes) and a 6.85 percent increase in the dollar value of all…
The Federal Register Wednesday published the U.S. Coast Guard’s notice of proposed rulemaking amending its regulations on cruise ship terminal security. This proposed rule would standardize screening activities for all persons, baggage and…
It’s not every “tugboat magnate” who is willing to show up at work in full Halloween costume, nor capable of running a NYC marathon in under 4 hours – decked out in Harry Potter wizard regalia, complete with hat, cape and wand – while wearing…
Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company…
In response to the continuing crisis in the Mediterranean, necessitating commercial ships to rescue tens of thousands of migrants and refugees during 2014, the International Chamber of Shipping (ICS) has published new Guidance on Large Scale Rescue Operations at Sea…
As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece.This agreement between EMP and TRIAD Ltd will lead to the establishment…
In order to offer a more comprehensive service to shippers and importers in the Philippines, Evergreen Line will team up with Cheng Lie Navigation(CNC) to launch the new China-Philippines Service (CPH).Two ships around 1,000 TEU will be deployed on the new weekly service…
Senator David Johnston, the Australian Minister of Defence announced about the government's was committed to creating a sustainable naval shipbuilding industry. He informed that the Government would be investing in a safe and secure Australia…
Inchcape Shipping Services is issuing guidance about new towage regulations affecting the port of San Lorenzo in Argentina.Effective from 15 December, and in accordance with local Coast Guard regulation PZBP R17 N° 07/14, all vessels mooring at the terminals Axion…
U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…