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Tourism/Transportation
Crowley to pay $350M for 2 new eco-friendly vessels
Michelle Kantrow-Vázquez November 27, 2013

Maritime shipping company Crowley has placed an order for two faster and environmentally friendly liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships that will be used to serve the U.S. mainland-Puerto Rico route.

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In-Brief
Liberty donates $165K to 8 Puerto Rican nonprofits
Contributor November 27, 2013

The 17th annual Liberty Golf Invitational Tournament raised $165,000 that was awarded to eight community organizations that make significant contributions to Puerto Rico’s well-being.

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In-Brief
MassMutual approves record $1.49B dividend payout
Michelle Kantrow-Vázquez November 27, 2013

Massachusetts Mutual Life Insurance Company (MassMutual) recently announced that its Board of Directors has approved the company’s largest dividend payout ever in the company’s history for 2014: a payout estimated at $1.49 billion to eligible participating policyowners.

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QUOTE OF THE WEEK:

“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape. 

 

Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”

 

— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico

 

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