In its 2019 “Annual Energy Outlook” the US Energy Information Administration (EIA) projects that electric generation from renewables (wind, solar, hydro) will go from 500 billion KWh in 2018 to 1500 billion KWh in 2050, just 30 years from now.“The AEO highlights the increasing role of renewable energy in the US generation mix,” said EIA Administrator Linda Capuano.
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announced they have appointed Jim Marcotuli as CEO of the newly created company comprising Vigor and MHI, effective today.
Great Lakes Towing Company (GLT), the largest U.S.-flag tugboat company engaged in towing on the Great Lakes, has celebrated its 120th anniversary with the christening of their newest tugboat, the Tug Michigan.The Tug Michigan was christened by vessel sponsor, Carolyn Watkins, Chief, Office of Environmental Education and Administrator
U.S. Customs and Border Protection’s (CBP) Area Port of Philadelphia seized the MSC Gayane Thursday following a record seizure of 20 tons of cocaine on June 17.Upon application from the U.S. Attorney’s Office for the Eastern District of Pennsylvania, the United States District Court for the Eastern District of Pennsylvania issued a seizure warrant for the vessel.
Retlif Testing Laboratories, the provider of EMC/EMI, lightning and Environmental Simulation testing and engineering services for maritime, has received the prestigious Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service (DSS).According to a press release from USA's internationally recognized strategic compliance organization
A U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement Homeland Security Investigations (HSI)-led multi-agency examination of shipping containers at the Philadelphia seaport netted a historic load of cocaine, the largest cocaine seizure in the 230-year history of U.S. Customs and CBP, with an estimated weight of over 17.5 tons and a street value of about $1.1 billion.
Federal officials in Philadelphia seized more than 15,000 kilos of cocaine with a street value of more than $1 billion at the Philadelphia Port, making it the largest seizure ever for the eastern district of Pennsylvania area and one of the biggest in U.S. history.According to various media report, quoting law enforcement officials, more than 15,500 kilos of cocaine were found in seven containers
Singapore-headquartered port operator PSA International is all set to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA.Both Halterm and Penn terminals are 100% owned by Macquarie Infrastructure Partner funds, a fund managed by Macquarie Infrastructure and Real Assets (MIRA). The price was not disclosed.
Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk continues preparations for the International Maritime Organization’s (IMO) 2020 global sulfur regulation.A.P.
Crowley Maritime Corp. has announced the promotion of Tiffanny King and Jeannie Stewart to the positions of vice president of People Services. While each has different areas of focus, both will ultimately support Crowley’s mission of ensuring high-performance and employee development across the company.
Industry veteran Terry Samona has been named Vice President of Human Resources at Viega LLC.Samona oversees human resources management and development at Viega’s operations in the U.S., including headquarters and a seminar center in Broomfield, Colo.; a manufacturing plant and distribution hub in McPherson, Kan.
The first two American-made Voith Schneider Propeller (VSP) units have been delivered and installed in the Rodanthe ferry.Rodanthe is a ferry to be operated by the North Carolina Department of Transportation (NCDOT) and used in its service to the Outer Banks, a string of barrier islands between North Carolina and the Atlantic Ocean.