ASCE REPORT SAYS CUTBACKS POSE THREAT TO U.S. PORTS

ASCE REPORT SAYS CUTBACKS POSE THREAT TO U.S. PORTS BY STAS MARGARONIS Cutbacks in federal spending pose a threat to U.S. waterborne transportation, according to a new report by the American Society of Civil Engineers (ASCE). The report says the expansion of  the...

FLOATING OIL PROJECTS ARE BOOMING

FLOATING OIL PROJECTS ARE BOOMING BY STAS MARGARONIS   High oil prices are driving demand for new offshore oil units to an all time high, according to a FLOATING PRODUCTION SYSTEMS report issued by International Maritime Associates (IMA), based inWashington,D.C....