The Hong Kong-based company with a concession to build a $50 billion shipping canal in Nicaragua said on Tuesday it is preparing to launch an initial public offering. Wang Jing, Chairman and Chief Executive of the HK Nicaragua Canal Development Investment Co Ltd (HKND Group)…
The Sparrows Group has made two key appointments to its senior management team as it looks to enhance its market share in the U.K. and grow its operations throughout the rest of Europe during 2015, the company said.The group has promoted Mark Beveridge to the role of European Operations Director…
Chesapeake Shipbuilding of Salisbury, Md., is expanding its design department and is actively seeking two naval architects and one marine engineer to add to its design team. The design office provides engineering and technical support for the company’s newbuild program and fleet operations…
The U.S. Federal Mediation and Conciliation Service (FMCS) has received a request from representatives of the Pacific Maritime Association (PMA) to provide mediation services in the PMA’s continuing labor negotiations with the International…
FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):The U.S. Federal Mediation and Conciliation Service (FMCS) announced today that it has received…
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) today signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea…
Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.The company for the sixth consecutive year held share purchase programs to encourage employee ownership. A total of 2,332 employees…
The U.S. Navy has awarded General Dynamics NASSCO a $498 million contract for the detail design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). NASSCO is a wholly owned subsidiary of General Dynamics (NYSE: GD)…
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia.ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program…
In continuation of her role in offering services to the world trade and encouraging mutual trade between Americas and the Caribbean, on one hand and the Indian subcontinent and Asian countries east of India, on the other hand and in the frame of her marketing policy…
Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port.HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti…
In another major milestone for the Panama Canal Expansion Program, the electromechanical installation phase, one of the most important of the project, has begun with the installation of the first steel rolling gate at the Atlantic side. “This year…
GasLog Ltd. has entered into an agreement with Methane Services Ltd. an affiliate of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million. The two vessels, Methane Becki Anne and Methane Julia Louise…
Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska, today announced that the new freight and passenger ferry it designed for the Woods Hole…
Randall Bergeron and C.D. Schempf Jr. assume new roles with Tesla Offshore LLCTesla Offshore LLC, an offshore survey service provider, has announced the retirement of Randall P. Bergeron as President and CEO of the company effective December 15…
