Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…
Petrobras announced results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultra-deep waters.The results confirm…
Secretary of State John Kerry will push India to make it easier for U.S. companies to do business there on a trip next week that also takes him to Europe to meet officials from Oman, Iran and Bulgaria, U.S. officials said on Friday.Earlier this week…
L-3 SAM Electronics announced today that via its Danish subsidiary, L-3 Lyngsø Marine, it was awarded a contract to retrofit navigation facilities aboard four double-ended passenger and freight ferries operated by the German-Danish ferry company…
Ballast Water Treatment (BWT) specialist Optimarin and Goltens, a leading provider of engineering and installation solutions for the shipping industry signed a non-exclusive worldwide agreement for retrofitting Optimarin’s Ballast System (OBS)…
Secretary of the Navy Ray Mabus announced today that SSN 795, a Virginia-class attack submarine, will bear the name USS Hyman G. Rickover. Mabus named the submarine to honor U.S. Navy Admiral Hyman G. Rickover, the man credited for developing USS Nautilus (SSN 571)…
International Container Terminal Services Inc. (ICTSI) has appointed Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd. “We are extremely pleased to welcome Mr. Dommestrup into the ICTSI Group…
SC Ports Authority recently handled one of its heaviest energy project moves to date, a 1.5 million pound Westinghouse Electric Company steam generator for the South Carolina Electric & Gas Company nuclear power plant expansion near Columbia…
SIU: Canada's coastline could become the easiest point-of-entry for terrorists if CETA becomes a reality. Their statement on the matter is shown below:The Seafarers International Union of Canada is today raising the alarm to inform Canadians…
On December 10, 2014, SCI launched a major initiative to transform training for America’s inland mariners at its Center for Maritime Education in Paducah, KY. The day before its 15th Annual River Bell Awards ceremony, the Seamen’s Church…
Royal Boskalis Westminster N.V. (Boskalis) announced that it has increased its holding in Fugro N.V. to 20.01%, stressing that the move is not a step towards making an offer. Boskalis said views Fugro as “an interesting company with strong market positions in its core activities…
Nordic American Tankers Limited (NAT) - Declaration of dividend for the 70th consecutive quarter. The first time was in October 1997.The Board of Nordic American Tankers Limited has declared a cash dividend of $0.22 per share for 4Q2014…
Michael McNamara has been appointed as Managing Director for the Americas for Veritas Petroleum Services (VPS). McNamara, who holds an MBA in international business and finance from Oklahoma City University, is an experienced executive with…
Victor Mooney has announced that he'll continue his transatlantic row in tribute for his brother who died of AIDS in 1983 and to encourage voluntary HIV testing. Mooney was robbed while heading home late last year after rowing across the Atlantic Ocean…
The London-headquartered St Kitts & Nevis International Ship Registry (SKANReg) is set for major expansion of its commercial and pleasure yacht fleet following the launch of a national yachting policy by the government of the twin-island federation…