The Lastest News


Cargomatic Gets New Funding as Rebuilding Effort Gains Traction

Freight load-matching specialist Cargomatic Inc. has raised $35 million in new backing as the company rebuilds after a rocky startup period when the business burned through cash and coped with a flurry of employee departures. The Series B funding round, led by private-equity firm Warburg Pincus, will help the Long Beach…

More than 1,000 letters, parcels lost in shipwreck

Chunghwa Post confirmed yesterday that it lost more than 1,000 pieces of mail and packages in a shipwreck last week, adding that it would seek compensation from the cargo ship company.This was the second time that the postal company lost mail and parcels in a shipping accident this year.In January, the Chia Ming cargo ship…

Corals are far older than we thought and might survive much longer than expected, scientists reveal

Coral are likely one of the most clear victims of global warming because they are so sensitive to changes in the temperature of water: GettyMoreCoral is far older than we thought and might survive much longer than wed expected.Thats according to scientists who have discovered that we were roughly 100 million years out in our estimate of how long coral and algae had been around.

State Lands Commission hears concerns over San Onofre nuclear plant

The San Onofre Nuclear Generating Station has not produced power since January 2012 and is in the process of being decommissioned.But dismantling the site, operated by Southern California Edison, requires a series of approvals from a host of federal and state agencies, including obtaining a new lease from the California State Lands Commission.With the existing lease expiring in 2023…

US Navy: Welding problem found on missile tubes for new subs

by Jennifer McDermott|APAugust 7 at 2:02 PMPROVIDENCE, R.I. The U.S. Navy said Tuesday theres a problem with welds on missile tubes that are destined for new submarines.The welding issue was identified on missile tubes that have been delivered to General Dynamics Electric Boat for new ballistic-missile submarines for the U.S.


Energy Voice | Fresh investment helps Aleron secure contract

A six-figure research and development investment has allowed Aberdeenshire based Aleron to secure its first contract with a new piece of kit.Tooling engineering firm, Aleron Subsea, will use its new remotely operated underwater vehicle (ROV) to carry out unexploded clearance work on a major renewables project in The Netherlands.The…

NCCER Crowns 2018 SkillsUSA National Carpentry and Masonry Competition Winners

NCCER is proud to recognize the winners of this years SkillsUSA national carpentry and masonry competitions. The winners were announced on June 29 at the 54th annual SkillsUSA National Leadership and Skills Conference in Louisville, Kentucky. More than 6,500 outstanding career and technical education (CTE) students competed in 102 different craft, technical and leadership fields.

SEMCO's boss on Middle East MEP contractors' legal challenges

Subhash Pritmani is VP for general management at Al Sabbah Electro-Mechanical Contracting (SEMCO). | Arabtec unit EFECO wins $31m MEP contract for Emaar projectWritten contracts provide businesses with a legal document that states the expectations of both parties and how unfavourable situations can be resolved.

Kaplan Construction Appoints Timothy McCabe as Senior Project Manager

Experienced project manager and engineer brings extensive experience with life sciences, healthcare, and office projectsKaplan Construction, a WBE general contractor and construction management firm providing comprehensive building programs across Greater Boston, is pleased to announce Timothy McCabe has joined the firm as a senior project manager.

San Jacinto River Emergency Dredging Starts on September 1

A 150 ton crane towers skyward as it moves a modular barge platform along the banks of the San Jacinto River (USACE photo)The U.S Army Corps of Engineers contractors are busy constructing a staging area for the FEMA funded emergency dredging and debris removal along the West Fork of the San Jacinto River near Kingwood, Texas.Last week…

Crude Oil

Aker Solutions belief in Brazil points to success

A revival of licensing activity has lifted some of the gloom hanging over Brazils offshore sector, and though some supply chain companies have fallen by the wayside, others are emerging in better shape to take advantage of renewed growth opportunities in the country.Aker Solutions was one of the first big suppliers to experience the effects of overheating in this sector…

Exxon Seeks Long-Term Deals for U.S. Oil Exports

An offshore oil platform and wells are silhouetted by the setting sun in the Gulf of Mexico off the coast of Louisiana, U.S., on Thursday, July 15, 2010. BP Plc said that a pressure test on its damaged Macondo well halted the flow of oil into the Gulf for the first time in three months. The BP Plc Deepwater Horizon oil spill, the biggest in U.S.

Keppel and Baku Shipyard to terminate agreements, Companies & Markets

KEPPEL Corporation announced on Wednesday that it has agreed to terminate Management Services Agreement and Technical Services Agreement with joint venture company Baku Shipyard.Baku Shipyard was established by Keppel Offshore & Marine (KOM), State Oil Company of Azerbaijan Republic, and Azerbaijan Investment Company.Baku…

sea collision: Three dead in mid-sea collision, nine missing | Kochi News

KOCHI: Three persons died and nine went missing when a fishing trawler capsized after being hit by a ship in the early hours of Tuesday, around 27 miles off the Kerala coast. Two of the crew members Naran Sarkar, of South Parganas in Kolkata and Edwin, from Ramanthura, Colachel, have been rescued. Bodies of three of the fishermen, all hailing from Colachel, were recovered.