The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25…
River line Avalon Waterways has christened its newest Suite Ship class of river cruise vessels, the 166-passenger Avalon Passion, one week after the company launched another new Suite Ship, the 128-passenger Avalon Imagery II. Built at a shipyard in the Netherlands…
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav said that Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic by 2018…
Facing continued growth driven by client demand, the Great Lakes Towing Company and Great Lakes Shipyard have together added 20 new employees in Q1 2016 and are looking to hire an additional 50+ employees before the end of Q4 2016.“We’re looking out for the future…
On April 14 in testimony before the Coast Guard and Maritime Transportation Subcommittee of the House Transportation and Infrastructure Committee, Tom Allegretti, President & CEO of The American Waterways Operators (AWO), will press for continued…
American Bureau of Shipping (ABS) chairman and CEO Chris Wiernicki will receive an honorary doctoral degree from SUNY Maritime College. Wiernicki, CEO of the classification society since 2007 and its chairman since 2011, will receive the…
John Hatley, Vice President, Wärtsilä Marine Solutions in America, has been elected to the Board of Directors of the Society for Gas as a Marine Fuel (SGMF). Wärtsilä has long been at the forefront of developing technologies to make possible the use of gas as a marine fuel…
Bibby Marine Services, owners of the recently commissioned Service Operations Vessel (SOV) for offshore wind farm operators, Bibby WaveMaster 1, has announced the appointment of Stephen Bolton as Operations Director. Bolton brings over 20 years of electricity industry experience to the role…
At its 2016 Spring Conference on April 6, the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—elected Port of Pascagoula Port Director Mark McAndrews to serve as the association’s…
Austal USA was named Alabama’s manufacturer of the year by the Alabama Technology Network and the Business Council of Alabama during a ceremony in Montgomery, Ala. This makes Austal a three-time honoree in the award’s 16-year history; once as a medium company and twice as a large company…
DP World Group Chairman and CEO, and Chairman of Ports, Customs and Freezones Corporation, HE Sultan Ahmed Bin Sulayem has met with the Prime Minister of Georgia, Giorgi Kvirikashvili, at the Annual Investment Meeting in Dubai to explore possible future opportunities for economic co-operation…
The Nautical Institute (Singapore) has been established as a branch of The Nautical Institute, the international professional organisation for maritime professionals.It will hold its inaugural meeting in the Republic during Maritime Week…
The Board of Commissioners of the Port of New Orleans joined a host of elected officials and industry partners today to dedicate the Port’s new $25 million Mississippi River Intermodal Terminal. The terminal, made possible by a $16.7 million federal transportation TIGER grant…
The Maritime and Port Authority of Singapore (MPA) is rolling out a series of new manpower schemes to attract, develop and retain local talent in the maritime sector. The Government will set aside S$12 million over the next two years to roll out a series of manpower schemes…
Ohio Congressman David Joyce (R) has been named a 2016 Great Lakes Legislator of the Year by the largest labor/management coalition representing shipping on America’s Fourth Sea Coast. Great Lakes Maritime Task Force (GLMTF) annually presents…
