Marine Industry
18 results total, viewing 11 - 18
KVH Industries Inc. on Thursday announced its $48.9 million acquisition of Videotel, a London-based company that provides e-learning services, training videos and distance-learning courses for the commercial maritime industry. more
The R.I. Commerce Corporation released an action report earlier this week outlining specific economic development initiatives designed to improve Rhode Island’s business climate, create jobs and lower unemployment. The report, “Actions for Economic Development in Rhode Island,” advocated building on Rhode Island’s native economic advantages. more
KVH Industries Inc., a provider of guidance and Internet systems for the maritime and defense industries, posted a net loss of $1.1 million, or 7 cents per share, for the first quarter of 2014, reversing net income of $2 million, or 13 cents per share, reported for the same period last year. more
Before Charlie Enright and Mark Towill could sail through the Southern Ocean’s gales in the round-the-world Volvo Ocean Race, they needed help from a Disney movie, a Turkish medical devices company and a business plan. more
As the American team for the Volvo Ocean Race prepares to share its plans Thursday night at a presentation at the Jane Pickens Theater, economic activity connected with the race is already beginning to pick up, according to Sail Newport. more
Electric Boat President Jeffrey S. Geiger painted a glowingly positive picture of the future expansion and employment at the shipbuilder’s North Kingstown facility, with 650 new jobs in 2014 planned to be added to the current workforce of about 2,800. more
The 2014 Working Waterfront Festival set for Sept. 27 and 28 has been awarded a $45,000 grant from the National Endowment for the Arts to help with production. more
The Rockefeller Foundation has awarded a $559,296 grant to the Coastal Resources Center at the University of Rhode Island’s Graduate School of Oceanography to coordinate and support the foundation’s Oceans & Fisheries Initiative. more
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