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…
Today the US Army Corps of Engineers released the Draft Integrated Feasibility Report and Environmental Impact Statement for the Post-45 Harbor Deepening project, recommending that the Charleston Harbor be deepened to 52 feet.'The Port…
Shell has launched its Shell Marine Products app, providing its customers with one-touch ability on mobile devices, to track their marine lubricant orders anytime, anywhere. This complements Shell Marine Products’ (SMP) International Customer Service Centre (iCSC)…
AP Moller-Maersk CEO, Nils Andersen, delivered the keynote at today’s Danish Maritime Days forum in Copenhagen where he offered several keys to enhancing the maritime sector on a worldwide scale. Andersen called the ship purchasing market attractive for investors…
Ports tighten ship entry procedures as Ebola fears spread Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus…
A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over.Once worth more than $30 billion and listed as the world's eighth-richest man by Forbes Magazine,…
The Industrial Technology division of the ZF Group said that Martin Meissner has assumed the position of Marketing and Communications Manager for North America.Meissner, currently the Marketing and Communications Manager for ZF’s Marine business in North America…
William P. Doyle, CommissionerUnited States Federal Maritime CommissionKeynote Address: Easing Port Congestion14th Annual Port New York/New Jersey Port Industry DayWorld Trade Center, New York, NYOctober 7, 2014My name is William Doyle…
Adel Kamel has been named a Supervising Engineer in the Tampa office of Parsons Brinckerhoff, a global infrastructure strategic consulting, engineering, and program/construction management organization.In his new position, Mr. Kamel will be responsible for the design…
IEA report sees energy efficiency finance becoming established market segment in its own right ... $310B & Growing Rapidly The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from…
Three Castaways Rescued Safely off Indonesia.Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that on October 6, 2014, the MOL-operated/managed LNG carrier Senshu Maru founded drifting castaways in the Celebes Sea off Indonesia…
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years…
The Coast Guard rescued four hunters stranded in Blackstone Bay near Whittier Monday.A 45-foot response boat-medium crew from Station Valdez safely transported the men and towed their skiff to Whittier.Watchstanders at the Sector Anchorage…
Inchcape Shipping Services has launched a free online relocations quotations service. Accessible through www.iss-worldwidemovers.com and via a new mobile application available to download free from both IOS and Android app stores, this new…
Wärtsilä and two Indonesian partners have today signed a joint development agreement with the intention of creating the first ever bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina (Persero), a national energy company…
