The U.S. Department of Transportation (USDOT) announced Friday that 72 projects will receive a total of $600 million from the sixth round of the Transportation Investment Generating Economic Recovery (TIGER) program. Of these, 12 Coalition for…
Scorpio Bulkers Inc. announced today that it has further upsized and priced its previously announced offering of senior unsecured notes due 2019 in a registered public offering.The size of the offering has been further increased from the…
LONDON, Sept 15 (Reuters) - Barclays' former lead carbon trader, made redundant by the British investment bank last week, has joined a London-based start-up firm founded by a former colleague.Tom Lord, who ran the Barclays emissions desk over the past year…
American Association of Port Authorities (AAPA) say that after evaluating 797 applications totaling requests for $9 billion for FY 2014 Transportation Investment Generating Economic Recovery (TIGER) grants, U.S. Department of Transportation…
Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill, have agreed to a tentative deal ending a nearly two-week lockout, both sides said on Friday…
CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled…
The U.S Energy Information Adminstration have provided projections in their short-term Energy Outlook. The highlights are as follows:Highlights * Driven in large part by falling crude oil prices, U.S. regular gasoline retail prices fell to an average of $3…
Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues, a move that bankers and lawyers say may result in years of legal battles.An…
In advance of a critical intergovernmental meeting next month at the UN International Maritime Organization (IMO), the International Chamber of Shipping (ICS) has called on IMO Member States to give careful consideration to shipowners’ concerns…
So what’s keeping ship operators awake at night these days? Plenty, it seems. Sluggish recovery from a lingering worldwide recession, unsustainable debt loads, endemic overcapacity in most shipping trades, punishing freight rates, rising costs…
Huntington Ingalls Industries’ Ingalls Shipbuilding division has donated $89,786.90 to Bishop State Community College for the purchase of 20 welding machines and wire feeder boxes to support Ingalls’ pre-employment program at Bishop State.Ingalls…
Rickmers-Linie has declared its support for the introduction of stricter sulphur regulations but expects that it will inevitably lead to an increase in the cost of marine fuels.“While shipping is already the most environmentally friendly mode of transport…
A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday…
DHT Holdings, Inc. announced today that it has entered into an agreement to acquire all the outstanding shares of Samco Shipholding Pte. Ltd., a private company incorporated under the laws of the Republic of Singapore. Samco owns and operates…
Sen. Landrieu Announces $10m for Port of Lake Charles Terminal ExpansionU.S. Senator Mary L. Landrieu, D-La., a Senior member of the Senate Appropriations Committee, today announced a $10 million grant for the Port of Lake Charles through…
