Nordic American Tankers Mull Expansion Plans

Nordic American Tankers Ltd. is considering expanding its fleet by ordering new vessels or buying second-hand. The company's Board of Directors has declared a dividend of $0.16 for the fourth quarter of 2012. They are…

People & Company News

Rig Fleet Status, Contract Update, from Transocean

Transocean's current status & contract information for the company's entire fleet of offshore drilling rigs. The value of new contracts or extensions since the December 17, 2012 fleet update summary is approximately $235…

Contracts

New President, Naval Business, at Rolls-Royce

Rolls-Royce appoints Don Roussinos as President Naval - Marine, succeeding Andy Marsh. Don, who holds a Bachelors of Science in Electronic Engineering from Wentworth Institute of Technology and a Master of Management…

People & Company News

$2.7M EPA Grant to Replace Tug Engines

EPA Invests $2.7 Million to Reduce Air Pollution from Old Diesel Engines in New York and New Jersey. The U.S. Environmental Protection Agency has provided a total of $2.7 million to help two organizations reduce air…

Marine Propulsion