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PressReleases 
Articles Marex Corporate News and Press Releases
Latest News from Current Corporation
Thursday, July 26th, 2007
• Alakai Hawaii Superferry equipped with Night Navigator 8540 July 26, 2007 Vancouver, B.C. - Current Corporation has confirmed the installation of a U.S. Coast Guard approved Night Navigator 8540 camera system onboard the Auto Express 107 Alakai, the first Hawaiian Superferry. Launched at Austal USA on January 18th, 2007, the Alakai is the largest Austal catamaran built to date. The 106.5 meter high speed aluminum vehicle-passenger catamaran is powered by four MTU 20V 8000 M70 diesel engines and boasts a carrying capacity of 866 passengers and up to 282 cars. It will provide services connecting Honolulu to Maui and ...
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New Technology promotes, Safe, Realistic, Environmentally friendly, training for emergency personnel in a mobile training unit
Thursday, July 26th, 2007
The technology is Augmented Reality, where semi-empirical and physics-based models create computer-generated hazards (such as fire, smoke, and toxic gases) superimposed onto - and anchored to - the real world. Augmented reality represents a fundamental change in the nature of training for firefighters and emergency first responders - permitting realistic training to be conducted like real life emergencies. This permits the emergency personnel to see and interact with these hazards, such as extinguishing a fire or conducting search & rescue in thick black smoke - all at there own location. Emergency personnel can also "see" and respond to otherwise invisible ...
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DVB Fund and Textainer team up to buy Capital Lease
Tuesday, July 24th, 2007
In a transaction that closed on 23 July 2007, CIF 3, an investment fund advised by DVB Bank, acquired Capital Lease Limited, Hong Kong, the world´s 8th largest container leasing company, and simultaneously sold the management rights to Capital Lease´s over 0.5 million TEU container fleet to Textainer. Ian Karan, Chairman of Capital Lease stated: “Over the past eleven years we have built a world class container leasing company. I am very proud of our achievements in this regard and extend my thanks to my team, our clients and our business partners for their contributions. In this respect I would ...
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Commander Robert Walsh has joined the Division of Graduate & Continuing Education
Monday, July 23rd, 2007
BUZZARDS BAY, MA -- Massachusetts Maritime Academy is pleased to announce Commander Robert Walsh has joined the Division of Graduate & Continuing Education as Director of Marine Education and Training. Commander Walsh comes to Marine Education & Training with a Bachelor of Science in Marine Transportation from Massachusetts Maritime Academy and is licensed as Third Mate, Oceans Any Gross Tons, First Mate, Oceans 1600 Gross Tons, Master, 100 Gross Tons, and Master of Towing. Robert transitioned from the Marine Operations Department at MMA, where he specialized in teaching upper-level courses (Tugs and Towing, Applied Shiphandling and Vessel Stability) to students ...
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Latest News from Great Lakes Shipyard
Wednesday, July 18th, 2007
• Great Lakes Shipyard Delivers Bridge Pontoon To New York New Jersey Rail for Brooklyn, NY to Jersey City Water-Rail Link Cleveland, OH - Great Lakes Shipyard, a division of The Great Lakes Group, announced today that it had fabricated and delivered a "bridge pontoon" to New York New Jersey Rail LLC (“NYNJR”), New York City’s only rail car float business serving the New York-New Jersey Region. The bridge pontoon is a unique maritime rail component of New York New Jersey Rail’s infrastructure rehabilitation program, and acts as a floatation chamber to support an active rail bridge located on the ...
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Global Cathodic Protection Monitoring Application Relies on SkyWave D+
Tuesday, July 10th, 2007
SkyWave Mobile Communications (www.SkyWave.com) the leading global provider of D+ satellite communications announces it has supplied NTG, Inc. of Olathe, Kansas with its reliable D+ terminals and network services for integration with their Pipeline WatchdogCP Remote Monitoring System. The system is designed for true remote monitoring and data collection of cathodic protection rectifiers, critical bonds and other energy industry sensors. SkyWave provides NTG with DMR-200D terminals and network services to enable reliable satellite communications from anywhere in the world. The NTG Pipeline Watchdog is the most reliable industry application of its kind, combining surge-protected remote monitoring hardware and ...
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New Technology promotes, Safe, Realistic, Environmentally friendly, training for emergency personnel in a mobile training unit.
Monday, July 9th, 2007
The technology is Augmented Reality, where semi-empirical and physics-based models create computer-generated hazards (such as fire, smoke, and toxic gases) superimposed onto - and anchored to - the real world. Augmented reality represents a fundamental change in the nature of training for firefighters and emergency first responders - permitting realistic training to be conducted like real life emergencies. This permits the emergency personnel to see and interact with these hazards, such as extinguishing a fire or conducting search & rescue in thick black smoke - all at there own location. Emergency personnel can also "see" and respond to otherwise invisible ...
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Racor Beats Copy
Monday, July 9th, 2007
Modesto, California, July 9, 2007 - Racor Division of Parker Hannifin Corporation is pleased announce that laboratory testing has shown Aquabloc® II media offers significantly better performance and capacity for water and particulate removal than an off-shore marine gasoline filter copy. The Racor 320R-RAC-01 and the copy were evaluated using SAE test procedures J905 and J1488. The flow rate for all tests was 30 gallons per hour fuel flow. The results are shown here for comparison: Initial pressure drop -- Racor had 1.68 PSID while the copy had 2.05 PSID restrictions. Water emulsion removal -- Racor was 92% efficient and ...
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Latest News from MacGREGOR
Friday, July 6th, 2007
•MacGREGOR benefits from booming bulk market MacGREGOR has secured crane orders for 74 bulk carriers in China and India, which will see the company delivering its cargo handling expertise to yards until 2011 During the second quarter of this year, the MacGREGOR Group -- part of the Cargotec Corporation -- has been awarded 276 GLB-crane orders for bulker carriers with a total value of approximately €75 million. “The market has experienced a dramatic increase in interest for handy, handymax and supramax sized bulkers,” said Lars Söderström, Sales Manager, Bulk Ships. “There are several reasons behind the booming market such as ...
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Ulstein builds new advanced offshore vessel for Marine Subsea
Friday, July 6th, 2007
Marine Subsea Inc. has signed a contract with Ulstein Verft for building an offshore construction vessel specialized in inspection, maintenance and repair operations (IMR/OCV) of the ULSTEIN SX121 design from Ulstein Design. The value of the contract is about NOK 900 million. The ship will be delivered in 2010 and is the fourth vessel of the type ULSTEIN SX121 from Ulstein Design. The vessel will be yard number 287 at Ulstein Verft. “We are very happy to see that Marine Subsea has contracted Ulstein also for their second ship. ULSTEIN SX121 has become a hit in the market and the ...
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Latest News from Aker Kvaerner
Friday, July 6th, 2007
• Major umbilical contract to Aker Kvaerner 6 July 2007 - Aker Kvaerner has signed a contract with Subsea 7 Norway for the manufacturing and supply of steel tube umbilicals for Norsk Hydro's Vega and Troll O2 developments in the North Sea. The contract, worth NOK 434 million, is one of Aker Kvaerner's largest stand-alone umbilical contracts to date. Aker Kvaerner Subsea will deliver approximately 60 kilometres of static and dynamic umbilicals to Subsea 7 for their developments at Norsk Hydro's Vega and Troll 02 fields. Umbilicals for the Troll O2 project represents NOK 33 million of the total contract ...
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Acergy S.A. $85 Million Contract Award in Asia
Tuesday, July 3rd, 2007
Acergy S.A. (NASDAQ: ACGY) (OSLO: ACY) announced today the award of an $85 million contract from Apache Energy on behalf of its joint venture with Inpex Corporation, for installation work on the Van Gogh field in Australia. The Van Gogh contract is for the installation and tie-in of flowlines, risers, manifolds and an FPSO mooring on the North West Shelf of Australia in a water depth of 400 metres, with offshore work commencing in the third quarter of 2008. Engineering work starts immediately for offshore installation and tie-in work from the Toisa Proteus, the leading multi purpose heavy construction vessel ...
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Siemens Provides Hypochlorination Systems for LNG Carriers
Wednesday, June 27th, 2007
Leading shipbuilder Samsung Heavy Industries (SHI) has awarded Siemens Water Technologies an order for 14 Electrocatalytic Chloropac sodium hypochlorite generating systems. SHI, in turn, will install the systems on separate liquefied natural gas (LNG) carriers for three petrochemical companies. The Chloropac systems from Siemens will help prevent marine growth in the main components of the LNG carriers’ seawater cooling systems, including sea chests, piping, coolers, and heat exchangers. The first system was delivered to SHI in May, with subsequent deliveries scheduled throughout 2007 and 2008. Vessel capacities range from 155,000 m3 to 266,000 m3. The Chloropac systems were specified for ...
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Jacobsen Pilot Services Completes BRM Refresher Training
Monday, June 18th, 2007
June 18, 2007; New Port RI: A group of sixteen pilots from Jacobsen Pilot Services, Inc. (JPS) of Long Beach and Los Angles Harbors completed a two day Bridge Resource Management (BRM) Refresher course for pilots. The courses were conducted in the conference room at JPS headquarters, with two courses being conducted over a four day period 14 - 17 may 2007. The course is designed to reinforce and refresh the principles of BRM and relies heavily on the examination of case studies. Seminar topics include Situational Awareness, Error Chains and Error Chain Analysis, Stress and Fatigue, Communications, Decision Making, ...
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SUB SEA FIELD JOINT REPAIR KIT
Friday, June 8th, 2007
Responding to our client’s needs, CCI has designed this replacement, hoop tension secured, adjustable length, sub sea field joint. It comprises of two conical semi rigid polymeric self supporting end seals with pre attached heavy duty gelled felt inner layer. These are pre fitted by divers at each end of the field joint bearing against the concrete weight coat followed by a Retrowrap HD dual diameter outer jacket pre shaped to follow the exact contours of the ends seals, factory pipe coating and pipe weld OD. During installation, the hoop tension within the fabric acts upon the highly hydrophobic gel ...
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