Brazil's CEEE to sell stakes in Wind Farms, Dams
Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms, dams and transmission lines aiming to raise as much as 1 billion reais ($250 million). CEEE's President Paulo de Tarso told Reuters on Friday that the company plans to use most of the proceeds to repay debt to its controlling shareholder.
N.E. Fishermen Warned of Extreme Cold, Wind Chills
The Coast Guard is urging the Massachusetts and Rhode Island fishing fleet to take caution heading into the weekend when life threatening temperatures and wind chills are forecasted. The National Weather Service has issued a wind chill warning for 4 p.m. Saturday until noon Sunday for our area. The wind chill temperatures are expected to be 20 to 30 degrees below zero. These wind chill temperatures can result in frostbite in as little as ten minutes.
Hapag-Lloyd Enhances Conosur Service
Hapag-Lloyd has informed about its service enhancements on the Conosur Service (South America West Coast to South America East Coast). This is being upgraded by optimizing its fleet and will herewith enhance our high quality service to you. This is a result, among others, of shifting the vessels Mapocho, Norasia Alya and Carolina Star. They will leave the Conosur Service.
Indiana Ports Sets Cargo Record in 2015
INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015, surpassing 2014's record volume by nearly 18 percent. This was the first time annual shipments exceeded 12 million tons in the port authority's 54-year history, and the total was more than 1.8 million tons more than the previous year's record. Shipments of coal, steel, bulk commodities and ethanol-related…
DARPA All Set To Launch Submarine Hunting Drone
The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months. The ship is entirely autonomous, fully operational without an onboard crew. The Anti-Submarine Warfare Continuous Trail Unmanned Vessel, or ACTUV, is scheduled to be launched April 17 from the Vigor Shipyards in Oregon.
Submarine Tourism in Turkey's Waters
The first tourist submarine in Turkey is waiting to be sent on a voyage that will reveal the wonders of the undersea world of the Mediterranea. The first submarine tours are planned in April and no doubt they will be interesting and unforgettable for tourists and locals. The submarine called Nemo (weighing 106 tons) which has capacity to carry 48 people with 20 meters length and 6,5 meters height, will be hosting visitors for a touristic trip in the southern province of Antalya as of April.
Cautious Optimism on Pacific NorthWest LNG Report
Canadian Environmental Assessment Agency (CEAA) has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change, but the export terminal could be built and operated without causing major ecological damage, reports The Globe and Mail. CEAA says that the Pacific Northwest LNG project will not lead to significant adverse impacts on the Skeena salmon fishery.
Premier Oil and Rockhopper Abandon Ocean Rig Contract
Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW. In June 2014, the companies entered into a contract with Ocean Rig for the provision of the Eirik Raude for an exploration drilling campaign in the Falkland Islands. However, following a number of material "operational issues" with the rig…
UPS Oposes CP-NS Merger
UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp. (NS). UPS' thumbs-down has dealt a severe blow to CP's $28 billion bid to acquire U.S. eastern railroad NS. UPS Inc. is the largest transport company in the U.S. and one of the nation's biggest users of intermodal services.
DP World Bolsters Investment in India
DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations. The company is seeking to invest in expansion of brownfield terminals, new terminals, inland container depots and expansion of existing inter-modal rail services for rolling stock, Sultan Ahmed Bin Sulayem, group chairman and CEO said.
All-Women Crew Indian Navy Ship Enters Chennai Port
The Indian Navy said on Saturday that its sailing vessel Mhadei, having an all-women crew of naval officers, has entered the Chennai Port. The vessel which had left Visakhapatnam on February 9, was scheduled to make stops at Chennai and Kochi ports enroute before reaching her home port at Goa. "This is the first all-women crew to man any ocean-going ship of the Navy," says a statement from Indian Navy.