Microcap shipping companies brace for Nasdaq market cap minimums
Securities and Exchange Commission keeps a hold on proposal after concerns
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Arc Begins Battery-Electric Conversion of Long Beach Harbor Tug
Arc, a marine technology company, has begun engineering the battery-electric conversion of Harbor Sentinel, a 50-foot harbor tug owned and operated by Pacific Maritime Group (PMG). Supported by funding from the Port of Long Beach through its Technology…
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Chinese bank asks judge to throw out Houthi ship attack claim
Lawyers say claims over multinational conspiracy masterminded by Beijing are far-fetched
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General Dynamics Mission Systems Awarded $15m MEDUSA Contract Modification
General Dynamics Mission Systems announced it was awarded a $15 million contract modification to exercise options under a previously awarded contract for the Mining Expendable Delivery Unmanned Submarine Asset (MEDUSA).Building on the prototype…
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Katsa Expands Capacity With New Assembly Plant
Twin Disc, Inc. subsidiary Katsa announced that it is expanding its capacity with a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala, Finland, in response to a double-digit percentage year-over-year increase in demand.The new plan…
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