Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.
On June 22, 2018, the Office of Management and Budget (OMB) issued a federal government reorganization proposal entitled “Delivering Government Solutions in the 21st Century”. The 132-page document is subtitled ‘Reform Plan and Reorganization Recommendations’. I have not read the entire report, but I have examined those portions that relate to maritime issues.
A Danish court on Wednesday sentenced the former manager of OW Bunker's Singapore subsidiary to 18 months in prison after he was found guilty of granting credit outside his mandate, contributing to the bankruptcy of the marine fuel oil supplier.The 2014 bankruptcy of OW Bunker, then the world's leading supplier of marine fuel oil with a 7 percent market share
In 1975, tugboats Bouchard Boys and Evening Light enter service, both at 3,900-hp. It was also during this year that Bouchard Transportation Co. formed its long-standing current relationship with Caddell Dry Dock & Repair Co.—a partnership--to this day--is still based on trust, loyalty and family heritage.
Monaco based cruise line Silversea Cruises has ordered another new ship from Italian shipbuilder Fincantieri, with delivery scheduled for the fourth quarter of 2021.The $382 million contract for the construction of luxury cruise ship Silver Dawn follows Silversea's September 2017 order for sistership Silver Moon to be delivered from Fincantieri in 2020.
With $2.9 billion available, tug and ferry engine upgrades are best bet for NOx reductions Imagine a settlement over falsifying emission levels in another transportation sector dropping money onto your deck. Who knew? But it’s true. The $2.9 billion settlement fund Volkswagen agreed to capitalize for distribution across all 50 states, tribal lands and Puerto Rico, as a result of “dieselgate
Don’t do the crime if you can’t do the time – or at least pay the staggering fine. And pay it forward, Volkwagen will. The auto manufacturer got caught using software to trick emissions control software during testing on some cars – nearly 500,000 2.0 liter and 83,000 3.0 liter diesel vehicles – in order to get a passing grade, after which the cars operated in violation of the Clean Air Act.
Just before the anticipation of good things to come on Valentine’s Day, on February 12, the inland waterways transportation industry was left feeling disappointed and puzzled after the release of the long-awaited Trump Administration infrastructure principles, and then the release of President Trump’s FY 2019 budget request.
GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel. The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built at Samsung Heavy Industries (SHI) and Hyundai Samho Heavy Industries (HSHI)’s. They will be fitted with the membrane containment system Mark III Flex.
Germany's HSH Nordbank, formerly the world's largest ship financier, is being sold to private equity firms as it emerges from crippling writedowns and state bailouts amid the deepest sector slump on record. The bank's state owners on Wednesday said that they sealed the sale to a consortium of buyout groups Cerberus and J.C.
Solstad Farstad ASA has entered into a contract with Fugro Netherlands Marine BV for the CSV, Normand Flower, for operations in North European waters. The contract period is 6 months firm. Commencement of the contract is end March 2018. “We experience an increasing demand for CSV tonnage in the North Sea and we are very pleased to be awarded our second vessel contract with Fugro
The Port of Rotterdam Authority has had a swarm of bees placed on the Maasvlakte in the verge next to the Stenen Baakplein. In this section of the Honey Highway, ten thousand bees will soon be collecting pollen and nectar. The goal of this initiative is the conservation of the original Dutch honey bee by reintroducing it to this region. The Honey Highway is now in full bloom.