According to a Nov. 29 report from The Wall Street Journal, Maersk Oil has been awarded a license covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km.
(Source: The Wall Street Journal)
Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015
Maintenance deficiencies and inadequate emergency procedures led to November 2013 grounding of Princess of Acadia in Digby, Nova Scotia
Rob Hogan has been appointed vice president of manufacturing at the Newport News Shipbuilding division of Huntington Ingalls Industries (HII), the company announced.