AD Ports Group, a leading enabler of global trade, logistics, and industry, has announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based global leader in dredging and marine contracting, to significantly expand the flow of trade through the Group’s port terminals in Pakistan. Led by the… Read More
NEW ENTERPRISE, Pa. — New Enterprise Stone & Lime Co., Inc. (“NESL” or the “Company”) announced that on September 12th it had acquired all the outstanding stock of Marstellar Holding Company. The strategic acquisition consists of two ready mixed concrete plants on a single site in the Duncannon, Pennsylvania area. The site is ideally situated along… Read More
In short: Labor has pledged to spend $12 billion over a decade on a defence hub to build naval ships and dock nuclear-powered submarines, with a hope of speeding up the delivery of AUKUS. The pledge comes as US media reports Secretary of State Marco Rubio privately reassured Defence Minister Richard Marles the deal would… Read More
Finnish propulsion expert Steerprop has been selected to power the new Polarstern, Germany’s next-generation polar research icebreaker, with a propulsion system designed to deliver exceptional reliability, minimal underwater noise, and long-term cost efficiency. The tailor-made solution supports the vessel’s demanding scientific mission in fragile polar environments and ensures high performance through cutting-edge predictive maintenance and… Read More
Panama City, FL – Eastern Shipbuilding Group, Inc. (ESG) is pleased to announce an agreement with HII’s Ingalls Shipbuilding Division to support the limited production of outfitted structural units for the U.S. Navy’s Flight III Arleigh Burke-class (DDG 51) guided missile destroyers. Building on the success of a recent pilot program in which ESG constructed a… Read More