Modest traffic growth trends continued during the first six months of 2014 across U.S. transportation sectors, with generally improving second quarter growth seen at airports, ports and toll roads, according to a new Fitch Ratings report. 'While…
Marine Contracting announced the successful towing of LLOG Exploration’s Delta House Floating Production Semi-Submersible to its’ operating site in the Gulf of Mexico’s Mississippi Canyon 254 field. The Delta House semi-submersible move project…
UK-based maritime intelligence provider, Dryad Maritime has released its Q3 maritime crime figures which show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise…
3sun Group, a specialist provider of products and services to the global energy industry, has appointed Dene Heywood as commercial director.Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established…
Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water…
Certification responds to public and private sectors’ growing demand for diversity.Ballard Marine Construction, a Northwest based marine contractor, has been granted Women’s Business Enterprise (WBE) certification by Women’s Business Enterprise National Council (WBENC)…
Austrian newspaper Die Presse said on Thursday the contracts of OMV Chief Executive Gerhard Roiss and the head of OMV's gas division Hans-Peter Floren may be cut short before they run out in 2017, citing a recommendation from a board subcommittee…
Rates for capesize bulk carriers on key Asian routes could continue to fall next week in the absence of major charterers although lower freight rates could tempt top iron ore miners back into the market and potentially buoy rates, brokers said…
Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers, won approval from U.S. maritime regulators for a planned vessel sharing pact, bringing it a step closer after a bid for a larger alliance failed.The…
Italian oil service group Saipem said on Thursday it had set up a venture with energy consultant Xodus Group and Japanese engineering company Chiyoda to develop business in the subsea sector.Saipem, 43 percent controlled by Italian oil major Eni…
The Coast Guard and commercial mariners rescued three people who were reported overdue on a skiff near the Chuuk Atoll, Thursday.The motor vessel, Nord Venus located the three male survivors approximately 23 miles north of Chuuk.An…
Meltric Corporation, a leading manufacturer of industrial connectors including, UL/CSA switch rated plugs and receptacles, introduced today the DSN150 Series, which extends its popular DECONTACTORTM line of switch-rated plugs and receptacles to 150A/75HP…
As the U.S. Navy remains ever vigilant, taking the fight to the enemy, recent media reports have highlighted potential risk from information carelessly or inadvertently shared on social media.There has also been a steady stream of reporting…
NavPlay, an innovative manufacturer of iPad apps for boaters, announced today its revolutionary story telling functionality, Experience Maker. A unique and innovative feature that is exclusive to the NavPlay app, this new feature gives boaters…
The Board of Directors of Caterpillar Inc. voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable November 20, 2014, to stockholders of record at the close of business on October 20…