Ivars Bergs News

Fundraiser Held for USS Gerald R. Ford Crew

Blackmer, a company in positive displacement and centrifugal pump and reciprocating compressor technologies, has a relationship with the U.S. Military that dates back to 1914 when it became an official equipment supplier to the Armed Forces. One of the more significant contracts Blackmer has earned was awarded in 2007 when the U.S. Navy selected the company to supply sliding vane pumps for use on the USS Gerald R. Ford (CVN-78), which would be the lead ship in a new class of supercarriers used for crisis response and early decisive striking power in major combat operations. The USS Gerald R.

Fourth Time A Charm For Latvian Shipping?

After five years of failed tenders and political turmoil, Latvia is once again bringing Latvian Shipping to the block in the hope of finally selling the company that has unseated governments and marred the country's image. Investors looking at the potential privatization of the 68 percent stake the state is offering in the world's 19th-largest shipping firm in tonnage terms, have until 10:00 GMT on February 1 to express interest in taking part in the company's fourth sell-off tender. A final auction is expected in May. As with previous attempts to privatize the company, the latest effort has been surrounded by political bickering. Despite the dismal backdrop for the sale, however, the government says this time it is convinced it will succeed.