Indian state-owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and repair business. The transaction, involving the acquisition of at least 51 per cent equity in Colombo Dockyard, will close within six months, after which the… Read More
Vice Admiral Joanna M. Nunan, the 14th Superintendent of the United States Merchant Marine Academy, and Rear Admiral David M. Wulf have announced their departures from the USMMA leadership team after presiding over the Class of 2025’s Commencement ceremony. During their tenure, Nunan and Wulf, who served as Deputy Superintendent Rear Admiral, were instrumental in… Read More
DEME Environnement, a pioneer in soil remediation and brownfield redevelopment, proudly marks 35 years of service in Belgium and France. Founded in 1990 as Écoterres and now part of DEME Group NV (Euronext Brussels: DEME), DEME Environnement has completed more than 800 projects across Belgium and France. The company has become a reference in remediating… Read More
Technology group Wärtsilä will supply an engineering, procurement, and construction (EPC) extension project to an existing power plant on the Caribbean Island of Aruba. This will add an additional 36 MW of generating capacity, thereby mitigating possible supply shortages due to rapidly increasing demand. Currently Wärtsilä provides 194 MW of generating capacity to Aruba with… Read More
The 14,200 sqm facility will develop state-of-the-art warehouse space focused on F&B and FMCG industries Abu Dhabi, UAE – Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the UAE, Grade A warehouse operator StockSpace and project master developer Axione Development have jointly announced… Read More
