New York’s South Brooklyn Marine Terminal to be upgraded under US$612 million project
Swedish construction company Skanska has been awarded a contract for the upgrade of the South Brooklyn Marine Terminal in Brooklyn,…
Chouest Group acquires UK ROV operator
US-based the Chouest Group has acquired ROVOP, a UK company specialising in the provision of remotely operated vehicle (ROV) services…
OPINION | Between them, Australia, France and India can watch the Indian Ocean
Australia, France, and India ought to be cooperating more closely in the surveillance of the Indian Ocean through their valuably…
Norway’s Østensjø divests ownership stake in Edda Wind
Norwegian shipowner Østensjø, through its wholly owned subsidiary Østensjø Wind, has agreed to sell 21.3 million shares in offshore support…
US Navy’s fifth America-class amphibious ship to be named after Afghanistan’s Helmand Province
US Secretary of the Navy Carlos Del Toro has confirmed that the US Navy’s fifth America-class amphibious assault ship (LHA)…
US weekly jobless claims unchanged; layoffs decline in April
The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the labor…
Greek summer wildfire threat nears, outpacing plans to contain it
When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were…
Greece’s National Bank reports higher quarterly profit on strong interest income
National Bank NBGr.AT, Greece’s second-largest lender by market value, reported higher earnings for the first-quarter on Wednesday on the back…
Bank of England readies its rates steer as investors cool on cuts
The Bank of England must decide next week whether to update its message about when it might cut interest rates…
Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…