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PressReleases 
Articles Marex Corporate News and Press Releases
BIMCO Seascapes 2008 Programme
Friday, December 28th, 2007
BIMCO Seascapes begins 2008 with a six month programme which demonstrates just how “sustainable” shipping really is! At a time when everyone is worried about the damage our modern industrial way of life is doing to the planet, we need to be assured that the ships which carry the necessities of life are as clean and green as possible. The new Seascapes series will focus on a number of important ways in which the shipping industry, its designers and engineers are improving its environmental credentials. Seascapes, which has built up a substantial on-line database of fascinating information on contemporary maritime ...
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Latest News From Bollinger
Friday, December 28th, 2007
• BOLLINGER AND BOUCHARD SIGN CONTRACTS FOR THREE OPA’90 TANK BARGES LOCKPORT, La., Bollinger Gretna, L.L.C., and Bollinger Marine Fabricators, L.L.C., two Bollinger Shipyards, Inc. facilities, have signed contracts for new construction of three OPA’90 compliant tank barges, consisting of one (1) 80,000, and two (2) 60,000 barrel (BBL) units for Bouchard Ocean Services, L.L.C., Melville, N.Y. The announcement was made by Bollinger Executive Vice President of New Construction, Chris Bollinger, as a Christmas and New Years present for the two Bollinger facilities. “Bollinger is ending the year on a positive note with the recent delivery of several vessels, and ...
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Port of Boston’s Container Terminal is the Busiest It Has Ever Been
Friday, December 28th, 2007
The Massachusetts Port Authority (Massport) today announced the Port of Boston’s container terminal is the busiest it has ever been. In 2006, total container volume at Massport’s Conley Terminal in South Boston surpassed 200,000 TEUs (an industry measurement). This year, the 100-acre facility is on pace to eclipse that mark, with 181,984 TEUs moved in the first 10 months of the year. The record-breaking volume of containers is fueled by a rise in cargo activity with Asia. Container volume on that route has rocketed by more than 400 percent increase since 2002. Since July 1, total Asian import and export ...
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T&T BISSO SALVAGES ANOTHER TUG
Friday, December 28th, 2007
The 600 ton capacity D/B BIG T, owned by T&T MARINE SALVAGE of Galveston, Texas, and the 700 ton capacity D/B CAPPY BISSO, owned by BISSO MARINE of Houston, Texas, were used to make a tandem lift of a 105’ sunken tugboat in Port Arthur, Texas. T&T BISSO initially responded to the sunken vessel with the GEORGE T, a salvage support barge used for the diving survey and rigging operations. Once the diving survey and salvage rigging phases were complete, the D/B BIG T was connected to the bow rigging and the D/B CAPPY BISSO which mobilized from New Orleans, ...
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MacGREGOR wins crane orders worth close to €140 million in the last six weeks of 2007
Friday, December 28th, 2007
Orders for MacGREGOR cranes secured at the end of November and December have a total value of close to €140 million and include shipsets of cranes for handling general cargo, dry bulk cargo, and containers In December MacGREGOR confirmed that contracts for 390 cranes with a total value of close to €140 million had been secured at the end of November and during December. The cranes are destined for 101 ships on order in China and Korea, comprising 80 bulk carriers, 14 general cargo ships, and 7 container feeder ships. This news followed an earlier announcement that during October and ...
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Latest News From Chevron
Friday, December 28th, 2007
• Chevron Renames Fuel and Marine Marketing (FAMM) to Chevron Global Marine Products Product names to remain the same worldwide SAN RAMON, California. 28 December 2007 -- Chevron Products Company today announced that it is renaming its marine fuels and lubricants business, effective 1 January 2008, from Fuel & Marine Marketing (FAMM) to Chevron Global Marine Products. The repositioning initiative, an offshoot of the merger between Chevron and Texaco in 2001, will streamline marketing efforts while continuing to provide customers in regions around the globe with access to quality products and services under the company’s three world-class international brands -- ...
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SPECTEC PURCHASES IDEA GmbH
Saturday, December 22nd, 2007
SpecTec announces to have purchased the totality of the shares of Idea Nautic Data Solutions GmbH of Dusseldorf, Germany, a leading IT supplier of Vessel Management Systems in the Yachting world. Idea Vessel Management Software is installed today on more than 250 Super yachts, such as: Le Grand Bleu (12th largest yacht in the world), Indian Empress (17), Alfa Nero (29), Amevi (32), Constellation (33), Haida G (36), Princess Marianna (41), Ilona (46), just to name a few. SpecTec AMOS system, installed on close to 7000 merchant vessels in the world, is also used on super yachts, including Dubai, the ...
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Derecktor’s Bridgeport Facility Delivers Fast Response Fireboat for the State of Pennsylvania
Friday, December 21st, 2007
Bridgeport, CT --, specifically, the City of Philadelphia. The Independence is an all-aluminum vessel, designed by Robert Allan Ltd. of Vancouver, British Columbia and was constructed at Derecktor's Bridgeport, Connecticut facility. The high-speed fireboat was designed and built for year-round service and is a jet drive vessel with a 5,500 gpm pump capacity and 200 gallon foam tank. The hull and deckhouse are of robust all-welded aluminum construction and the scantlings are designed with extra thickness of plating on the lower sides and bottom forward for ice strengthening. Four water jets propel the vessel, each driven by a high-speed diesel ...
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A Royal welcome to the world: Gibraltar present at the inaugural launch of Cunard’s new cruise liner, the Queen Victoria
Friday, December 21st, 2007
Albert Poggio, Senior Vice President of MedCruise and UK Director for the Gibraltar Tourist Board was among 2000 invited guests at the naming ceremony and luncheon held for the launch of Cunard’s new cruise liner, the “Queen Victoria.” The” Queen Victoria” was named by Her Royal Highness The Duchess of Cornwall, in the presence of His Royal Highness The Prince of Wales, during a spectacular ceremony held in a specially constructed auditorium. This momentous occasion took place on Monday 10th December 2007 at the City Cruise Terminal in Southampton, next to where the “Queen Victoria” will be birthed. A breathtaking ...
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Braemar Shipping Services plc Acquisition of 80% of Fred. Olsen Freight Limited
Friday, December 21st, 2007
The Board of Braemar Shipping Services plc is delighted to announce that its whollyowned subsidiary, Cory Brothers Shipping Agency Limited has today acquired 80% of the share capital of Fred. Olsen Freight Limited (“FOFL”). FOFL provides a range of freight forwarding and liner agency services for a predominantly UK client base. It has 50 employees mainly based in Ipswich. The business will be brought together with Cory’s logistics business which is based in Felixstowe and run by John van Bergen, Cory’s director for freight forwarding and logistics. The purchase price payable for the 80% interest is £1.3 million to be ...
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100th Wärtsilä Auxpac 20 generating set produced in China
Friday, December 21st, 2007
Wärtsilä Qiyao Diesel Company (WQDC) plans to ramp up production to 250-300 Auxpac 20 generating sets per year. Wärtsilä Qiyao Diesel Company, the joint venture company set up by Wärtsilä Corporation and the Shanghai Marine Diesel Engine Research Institute (SMDERI) in 2005, has tested and delivered its 100th Wärtsilä Auxpac 20 generating set. The milestone is remarkable because the first Wärtsilä Auxpac 20 generating set was rolled out of the Shanghai-based factory only eleven months ago, in January 2007. It is also indicative of the success of the Wärtsilä Auxpac concept in the Chinese market as the first-ever Wärtsilä Auxpac ...
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ACR EPIRBs Selected by the Australian Maritime Safety Authority
Thursday, December 20th, 2007
FORT LAUDERDALE, FL‹DECEMBER 14, 2007‹Believed to be Australia¹s largest single contract for EPIRBs (Emergency Position Indicating Radio Beacons), the Australian Maritime Safety Authority (AMSA) has approved a multi-year commitment with RFD Australia to purchase over 500 EPIRBs manufactured by U.S.-based ACR Electronics, Inc. RFD, a world leading manufacturer of marine safety products and inflatable watercraft, and an ACR distributor, said the contract called for several hundred SATELLITE2 406 and GlobalFix ACR EPIRB models. The tender for the EPIRBs was let and managed by AMSA, which is responsible for setting and regulating standards for the operation of commercial shipping, the operation ...
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GE to Supply Avio with LM2500+G4 for Third FREMM Vessel
Thursday, December 20th, 2007
EVENDALE, Ohio -- GE Marine reports that it will supply Avio, Torino, Italy, with a third GE LM2500+G4 aeroderivative gas turbine for the European Multi-Mission Frigates (FREMM) program. The engine will be the basis for the COmbined Diesel And Gas turbine (CODAG) propulsion module that will power the French Navy’s second FREMM ship. The French and Italian Navies are jointly developing the FREMM program, and combined, the navies are slated to build a total of 27 next-generation frigates. GE has already contracted with Avio to supply two LM2500+G4 gas turbines for the initial two FREMM vessels. Avio is a GE ...
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Everything You Need to Know About TWIC
Thursday, December 20th, 2007
This new DVD Training Program helps employers and employees understand and comply with the complicated TWIC application process. Please click the following link for more information: http://www.moxietraining.com/email/twic/
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Graig Ship Management Appoints New CEO
Thursday, December 20th, 2007
Cardiff-based Graig Ship Management has appointed Ian Morgan as chief executive officer. Ian takes over from current ceo John Arkell, who is retiring shortly following almost five years as the driving force behind GSM’s growth. Ian joined GSM in 1996 when he was seconded to Shanghai as a newbuilding supervisor on the series of Confidence vessels building for Graig at Zhonghua Shipyard, before returning to the Cardiff office in the position of technical superintendent. In July 2006 Ian was appointed fleet technical manager and in July this year rose to the position of general manager and director of GSM. “We ...
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