>> If you have not received the current maritime edition, and would like a subscription please Click Here to subscribe now.
- NOAA's New Hurricane Wind Scale
- MITAGS Announcements
- MarEx January/February Edition is on the Street!
- Obama’s “State of the Union” Speech: Trying to Recapture ...
- Maritime Budgets Struggle as Obama Administration Tackles the Budget Deficit
- Paris and Tokyo MOUs Call Lifeboat Safety Too Lax
- Virtual Learning Through Webinars
- Are We Using Proper Safety Precautions Off Somalia?
- $80 Oil On The Way to $100 By Early 2010
- MarEx LinkedIn Discussion Group Reaches 6,071+ Maritime Professionals - and ...
- Virtual Learning Through Webinars
- Obama’s “State of the Union” Speech: Trying to Recapture ...
- MarEx Mailbag:
- Thursday Morning Quarterback: Rethinking the Panama Canal Expansion
- MarEx Podcast:
PressReleases 
Articles Marex Corporate News and Press Releases
Latest News from Kongsberg
Tuesday, March 9th, 2010
GPS AND INERTIAL DATA COMBINE FOR IMPROVED PERFORMANCE OF NEW SEAPATH PRODUCT RANGE Oceanology International, 9-11 March 2010, Stand E600 Precise positioning accuracy for demanding operations in challenging environments The next generation of the Kongsberg Seatex Seapath family will be displayed on the Kongsberg Maritime stand (E600) and demonstrated aboard MMT Seabeam at Oceanology International 2010. The new Seapath 300 family of products offers the best possible combination of GNSS signals and inertial measurements for precise heading, attitude and positioning and is designed for demanding operations in challenging environments.
Click Here To Read More
BNL, Ifitalia and Fincantieri Sign an Agreement for Reverse Factoring to Increase Liquidity of Fincantieri Suppliers
Tuesday, March 9th, 2010
BNL will provide the firms involved with further credit facilities for commercial guarantees and advance payments on contracts Group BNP Paribas, Ifitalia and Fincantieri have signed a reverse factoring agreement which enables firms working with Fincantieri to unfreeze credit and draw on additional liquidity. The agreement, which reflects the close attention which Fincantieri pays to its network of suppliers, makes available to companies which work with the shipbuilding group additional liquidity – through BNL - in proportion to their supply contract, to improve both their cash flow and their balance sheet indices. The agreement will have an initial duration of ...
Click Here To Read More
PD PORTS IS CROWNED OUTSTANDING SERVICE CARRIER OF THE YEAR BY ASDA
Tuesday, March 9th, 2010
PD Ports, the operator of North East port, Teesport, has been crowned as the Most Outstanding Service Carrier of the Year in 2009 by leading UK retailer, ASDA, at its annual National Carrier of the Year awards ceremony.
Click Here To Read More
AUSTAL USA TO PRIME LCS BID
Tuesday, March 9th, 2010
Austal USA and Bath Iron Works (BIW) have agreed to revoke their current teaming arrangement. This strategic decision allows Austal USA to act as Prime Contractor in the upcoming bid for 10 US Navy Littoral Combat Ships (LCS). The US Navy is expected to award the contract for two LCSs, including options for an additional eight vessels, by the end of US FY10. In the event that Austal USA is awarded the FY10 contract, potentially worth up to US$4.8 billion, it will continue to act as Prime Contractor for future LCS bids. General Dynamics Advanced Information Systems, which is currently ...
Click Here To Read More
Greece Seminar Highlights Operational and Design Considerations for Low Sulfur Fuel
Tuesday, March 9th, 2010
More than 190 members of the Greek shipowning and operating community attended a comprehensive seminar in Athens on issues associated with the requirement to burn low sulfur fuels in the existing Sulfur Emissions Control Areas (SECAs) and in European Ports. Hosted by class society ABS, and including a presentation from Marine machinery service provider Harris Pye, the meeting drew an audience hungry to learn more on how to gain compliance in European ports and how to prepare for reduced sulfur levels in the SECAs and in the proposed and potential new Emission Control Areas (ECAs). “The industry is already dealing ...
Click Here To Read More
First Fishing Trawler Sets Sail Once More
Tuesday, March 9th, 2010
Parlevliet & Van der Plas B.V. and SkySails begin practical tests of SkySails towing-kite propulsion for fishing trawlers The SkySails-System was successfully placed into operation aboard Germany’s largest fishing vessel – the ROS-171 “Maartje Theadora” – on the North Sea near Ijmuiden, Netherlands on March 8th, 2010. This innovative wind-propulsion system from the Hamburg-based manufacturer SkySails will henceforth help save large amounts of fuel and emissions. The maiden voyage of the ROS-171 “Maartje Theadora” with SkySails propulsion, which will take the ship across the Atlantic to South America and then into the South Pacific, heralds the use of regenerative energy ...
Click Here To Read More
Farrell Lines Introduces Two Additional U.S. Flag Vessels
Tuesday, March 9th, 2010
Farrell Lines announced today the addition of two U.S. flag roll-on, roll-off vessels into its fleet, the ALLIANCE BEAUMONT and ALLIANCE CHARLESTON. These ships complement the ALLIANCE ST. LOUIS and ALLIANCE NORFOLK, which have been U.S. flag vessels since February 2008. The Farrell Lines fleet now consists of four roll-on, roll-off vessels. The ALLIANCE BEAUMONT was brought under the U.S. flag on February 21 in Dubai, and this vessel will participate in the Maritime Security Program (MSP). The ALLIANCE CHARLESTON was reflagged on February 12 in New York. Both vessels have 710,000 square feet of total stowage capacity, representing 7,900 ...
Click Here To Read More
Evergreen Maritime Contract with CNOOC for Fender System Design and Supply
Tuesday, March 9th, 2010
Qingdao Evergreen Maritime and CNOOC contracted on March 3, 2010 for the fender system design and supply of Lu Da 27-2/32-2 oil platforms. CNOOC (China National Offshore Oil Corporation SEHK: 0883, NYSE: CEO) is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. Lu Da 27-2/32-2 (PSP) located in Bohai Bay is an 8-leg process and storage platform that holds a huge oil tank with a capacity of 1.2768 X 104 m3. Evergreen Maritime Company as the professional manufacturer of pneumatic fenders and ...
Click Here To Read More
Cavotec MSL and Vahle Group Enter Into Worldwide Cooperation
Tuesday, March 9th, 2010
Cavotec MSL and Vahle Group are pleased to announce the start of a cooperation between the two companies with the intention to supply new innovative systems to the Ports & Maritime industry. “We see this combined effort as a classic example of a mutually beneficial agreement,” said Ottonel Popesco, CEO of Cavotec MSL. “By marketing the full Vahle festoon range, and in particular their new, fully automated E-RTG system, we are able to offer our customers an even more complete package than ever before.” Under this cooperation both Cavotec and Vahle will start to market systems to the Ports & ...
Click Here To Read More
Maran Tankers Management Inc. Selects Seagull
Tuesday, March 9th, 2010
Maran Tankers Management Inc. has selected the new Seagull Training System for use across their entire fleet and offices worldwide. The Seagull Training System (STS) is the most widely used and comprehensive seafarer training package available. It consists of a computer preloaded with all the software. All the functionality can also be accessed online. In this system the Seagull Training Administrator (STA) manages all training records and reports and has available the entire Onboard Training Library of Computer Based Training (CBT) titles. It is customized to include company’s personnel and training requirements as well as software features that help with ...
Click Here To Read More
Whit Kirtland Joins Bradford Marine Yacht Sales
Tuesday, March 9th, 2010
Bradford Marine Yacht Sales, Inc. is pleased to announce that Whit Kirtland has joined the Bradford Marine Yacht Sales Team as Broker. Over the past 28 years, Whit Kirtland has brokered yachts of all types and sizes and has represented builders in the marketing and sale of new yachts. He is the 3rd generation of his family to be in the maritime business, and it's his first love.
Click Here To Read More
Cargotec to Refurbish Singapore Cement Terminal
Tuesday, March 9th, 2010
To improve its performance, Sin Heng Chan Cement Terminal has contracted Cargotec for a major new refurbishment project on its Siwertell ship unloader In January Cargotec won a substantial new refurbishment contract from major cement importer Sin Heng Chan Cement Terminal in Singapore, which will see the company's local bulk handling services branch upgrade Sin Heng Chan's Siwertell ST-490F ship unloader.
PHOTO Caption: The refurbishment project will upgrade Sin Heng Chan Cement Terminals' Siwertell ship unloader to a new and improved designClick Here To Read More
Deutsch High Temperature Connector
Tuesday, March 9th, 2010
LADD Industries is pleased to announce the release of new Deutsch Industrial DTM series connectors for high temperature environments. Deutsch Industrial provides innovative environmentally sealed connector solutions for heavy duty and industrial markets. Deutsch connectors are built for critical applications in challenging environments, and the new DTM high temperature (DTMH) connectors expand the range of Deutsch connector options where excessive heat is a factor.
Click Here To Read More
AlMansoori Signs Joint Venture with Key Energy
Tuesday, March 9th, 2010
AlMansoori Petroleum Services, a subsidiary of AlMansoori Specialized Engineering, the leading regional provider of oilfield services in the Middle East, has signed a joint venture agreement with American-based onshore energy production services company Key Energy Services. The joint venture will bring several new services to AlMansoori’s capabilities in coil tubing, workover rigs, pumping/cementing, fracturing and acidizing. The joint venture will see Houston-born Key Energy Services establish a base in the Middle East for the first time and signifies AlMansoori’s expansion into the region, it will target heavily in 2010. Founded in Abu Dhabi in 1977, AlMansoori has grown to become ...
Click Here To Read More
Liberian Registry Breaks Historic 100m Mark
Tuesday, March 9th, 2010
Click Here To Read More
How to Implement an Online Training Program At Your Company
Tuesday, March 9th, 2010
Join us for a Free Webinar on Thursday, March 11, 2010 10:00 AM - 10:30 AM CST Space is limited. Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/260752792 In this webinar, you will learn how online safety training can help you... Save time and money Comply with Regulatory requirements Increase training effectiveness Reduce travel and outside training costs Manage your Employee training records Reduce loss time and injuries Provide training records for Audits quickly at any location Create your own custom eLearning courses with PowerPoint Verify who at your workplace is in compliance with training requirements and ...
Click Here To Read More
Magnifica Successfully Christened in Hamburg
Tuesday, March 9th, 2010
The city of Hamburg saw last weekend devoted to the Carnival of Venice. The christening of the “MSC Magnifica” by ship’s ‘godmother’ Sophia Loren on 6 March was marked by a breath-taking Italian show. According to media reports, over 15 000 spectators followed the ceremony at Hamburg’s Landungsbrücken pier area. Hamburg.The “MSC Magnifica”, the eleventh ship in the MSC fleet, was welcomed in the Port of Hamburg on 5 March. A fireboat and a 20-man strong shanty choir greeted the ship and her passengers on their arrival.
Click Here To Read More
CSA Announces Opening of Tampa Office
Tuesday, March 9th, 2010
CSA International, Inc. (CSA) is pleased to announce the opening of its latest branch office in Tampa, Florida to be managed by Mr. Eddie Hughes. “We’re pleased to have Eddie join the CSA team and to establish a base on the west coast of Florida. He’s familiar with the environmental landscape and has been involved with a number of different projects along Florida’s west coast.” stated Kevin Peterson, CEO of CSA. “I know that CSA, with its expert scientists and technical staff, will be an excellent fit to the area. My goal is to get CSA involved with local projects ...
Click Here To Read More
Fronius USA, Welding Division, Opens a Second Sales/Service Office in the USA
Tuesday, March 9th, 2010
The United States is another country where Fronius welding technology finds itself in good shape. The international technology company has therefore recently invested in a new sales and support center in Chattanooga, Tennessee. The company has set up the new location to handle all aspects of customer support in the Southeast region of the USA. The new location, which is 5000 square feet, includes modern offices, a conference room, a warehouse and a fully functional application lab. This setup means that Fronius's Chattanooga facility is in line with its other sites in upholding the company's guiding principle of providing the ...
Click Here To Read More
ClassNK Commits 2.2 Billion Yen (US$25 Million) to Joint GHG Reduction Program
Tuesday, March 9th, 2010
ClassNK Chairman and President Noboru Ueda announced to the press today that ClassNK will commit 2.2 billion yen (US$25 million) in research and funding as part of its participation in a national joint R&D program to reduce maritime greenhouse gas (GHG) emissions. ClassNK’s commitment will cover more than 25% of the project’s total budget of 8.5 billion yen (US$95 million) through 2012. The announcement was made at a press conference today where Mr. Ueda outlined the classification society’s objectives for 2010.
Click Here To Read More
Reservoir Group Appoints Chairman
Tuesday, March 9th, 2010
Global leading oilfield services company Reservoir Group today announces the appointment of Christopher Gaut as chairman of its Board of Directors. Reservoir Group, which is based in Aberdeen and Dubai, specialises in downhole drilling tools, completions and production sectors.
Click Here To Read More
LIG Marine Managers Opens New Division, LIG West, and Branch Office in San Francisco, CA
Tuesday, March 9th, 2010
LIG Marine Managers announces the opening of its newest division, LIG West, and branch office located in the Financial District of San Francisco, California. LIG West will operate in the 11 western states. “This new division will provide LIG West Coast agents with access to the full portfolio of LIG Marine Managers and LIG Program Managers products”, says Karen Tischler, Marketing Director of LIG.
Click Here To Read More
Dockwise Ltd - Backlog Update: Additional $ 65m, Including Near Term Rig Contracts and a Major Float-Over Award
Tuesday, March 9th, 2010
Dockwise Ltd. today announces that contracts have been secured by its subsidiary Dockwise Shipping. Next to an engineering assignment, the transportation of a semi- submersible rig, a jack- up rig and river barges for a value of USD 20 million were signed for the short term. For execution in 2012 Dockwise received a Letter of Award for the transport and installation by means of a float over of a large offshore production platform in the Far East for a value of USD 45 million. Dockwise has been contracted to transport drilling rigs to Australia and Rotterdam respectively. The bulk of ...
Click Here To Read More
Skykon A/S establish production of foundations for offshore wind turbines at Lindø Industrial Park
Tuesday, March 9th, 2010
Skykon Offshore A/S, a subsidiary of Skykon A/S, and Lindø Industrial Park has today signed a lease on 100,000 square meters area corresponding to approx. 10% of the industrial park's total available area.
Click Here To Read More
FarSounder March Soundings
Tuesday, March 9th, 2010
New Orders Among new orders received recently, and following on from their order last month, is one for 3 systems from Veinland GmbH in Germany, bringing their total for the first two months of the year to 4. While respecting the confidentiality of the end users, we can say that the first one is for a major yacht refit and another encouraging sign of economic recovery. All three systems are for delivery in 2010. Veinland will also be visiting the Underwater Defence Technology conference and exhibition which is taking place from June 8 - 10 of this year in Hamburg. ...
Click Here To Read More
Aker Solutions Wins Major Contract for Two FPSOs in Brazil
Tuesday, March 9th, 2010
Aker Solutions has signed a major contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Production Storage and Offloading) platforms which will operate offshore Brazil. Contract value is USD 41 million. The scope of work comprises the supply of two sulphate removal systems (SRUs) with associated equipments. The SRU systems will be installed on the topsides of the P-58 and P-62 FPSOs. The sulphate removal technology provided by Aker Solutions delivers treated and de-sulphated seawater for injection into the hydrocarbon reservoir to maintain the pressure and control scaling and souring effects in the reservoir. High quality injection ...
Click Here To Read More
Crowley's Neah Bay Emergency Response Tug Assists Disabled Containership
Tuesday, March 9th, 2010
Crowley Maritime Corporation's tugboat Hunter, the state-funded emergency response tug stationed at Neah Bay, Wash., was dispatched this week to assist the 712-foot container vessel, Horizon Tacoma, after the vessel experienced engine problems.
Click Here To Read More
Hamworthy Innovation Extends Inert Gas System Order to 10 Ships
Tuesday, March 9th, 2010
The company has won orders specifying Hamworthy Moss Flue Gas Systems for four 316,000dwt crude oil tankers due delivery between June 2010 and August 2011 to Nanjing Changjiang Oil Transportation Corp (NCOTC). The orders will mean that, since 1997, Hamworthy’s inert gas systems have been included on board 23 tankers delivered to NCOTC.
Click Here To Read More
Senior Defense Executives and Prime Contractors to Meet with Afghan Business and Government Leaders in Washington Conference this March
Tuesday, March 9th, 2010
Over a hundred prime contractors and defense executives from the United States and around the world have registered to attend the 2nd Afghanistan Aviation and Defense Summit (2nd AADS) on March 25-26, 2010 in Crowne Plaza Tysons Corner just outside Washington, D.C. The 2nd AADS is the premier networking event where delegates will meet with Afghan government officials who are responsible for security and defense procurements, as well as high-ranking defense commanders from Afghanistan Ministry of Defense and Ministry of Interior. It is where the requirements of Afghanistan in terms of arming its defense sectors and instilling rule of law ...
Click Here To Read More
FKAB L2, a Perfect Design for Regional Distribution of LNG
Tuesday, March 9th, 2010
The FKAB L2 is a 16 500 m3 LNG vessel design primarily for regional distribution of LNG. In combination with the FKAB L1 design, presented in June 2009, the FKAB L2 design are FKAB contribution to the development of an efficient and sustainable sea based regional and local distribution system for LNG.
Click Here To Read More
ST. JOHNS SHIP BUILDING AWARDED CONTRACT TO CONSTRUCT 190’ LANDING CRAFT
Tuesday, March 9th, 2010
St. Johns Ship Building, Inc was recently awarded contract to construct a 190’ Landing Craft for G & G Shipping out of Fort Lauderdale, FL. This will be the fifth vessel of its fleet which joins others built by St. Johns. The vessel designed by Frank Basile of Entech and Associates, Inc. Houma, LA. The Landing Craft will be equipped with twin CAT 3412 Engines approx 720 HP each and have an open deck space of 6,600 sq ft with capacity to carry 600 Tons roll on roll off cargo. Its’ shallow draft and ramped bow allows for easy access ...
Click Here To Read More
Keppel Shipyard Singapore Relies on Autohydro®
Tuesday, March 9th, 2010
Autoship Systems Corporation (ASC) of Vancouver, Canada is pleased to supply additional licenses of its Autohydro hydrostatics and stability calculations software to Keppel Shipyards of Singapore. Autohydro is the main hydrostatic and stability program used at the offices of Keppel Offshore & Marine for new design and conversion projects in the offshore sector. The additional Autohydro licenses will enable Keppel's naval architects to rapidly produce stability books for Class Approval. Keppel Offshore currently operates with 8 Autohydro licenses and now their sister company, Keppel Shipyard, will add a 2nd license. Autohydro 6.4 offers cutting-edge stability software to its 1,500 User ...
Click Here To Read More
Wärtsilä Delivers Engines to South African Polar Supply and Research Vessel
Thursday, March 4th, 2010
Wärtsilä has signed a contract with the STX Finland Oy shipyard in Rauma, Finland, to deliver four Wärtsilä 32 engines for a Polar Supply and Research Vessel. The Owner of the vessel will be the Republic of South Africa's Department of Environmental Affairs, and it will be operated by SMIT Amandla Marine, of South Africa. The vessel's crew will be trained at the Wärtsilä Land and Sea Academy in Turku, Finland.
Click Here To Read More
10 INTERNATIONAL SYMPOSIUM ON ENERGY RISK
Thursday, March 4th, 2010
MARCH 18-19, 2010 ♦ HOUSTON, TX USA ♦ JW Marriott I am proud to announce and present to your attention final Programme for ENERGY RISK-10 – an Anniversary Edition of ACI’s very well known and established Forum - premier event to be at if you is seeking to enhance your risk management techniques and identify current trends in the energy market. 10th International Energy Risk Management Symposium will take place in JW Marriott, Houston TX and will bring together senior Risk executives from the global Oil and Gas, Power and Utilities Industries, Financial Corporations, Leading Consulting and Engineering companies to ...
Click Here To Read More
First MAN B&W Tier-II Compliant Engine Ready for Delivery
Thursday, March 4th, 2010
The first Tier-II compliant MAN B&W engine has finished production at HHI-EMD (Hyundai Heavy Industries Engine & Machinery Division) in Korea and is ready for delivery.
Click Here To Read More
Crowley Doubles Warehouse Space for Logistics Customers in Jacksonville
Thursday, March 4th, 2010
Crowley has moved to a new 70,000 square foot warehouse at JAXPORT's Dames Point location, minutes from the company's headquarters. With this move, the company has doubled its north Florida warehouse space. This new location at 3700 Port Jacksonville Parkway has 20 dock doors, 30-foot clear-height ceilings, and a 160-foot truck court that can be expanded to 200 feet.
Click Here To Read More
Nakilat and Damen Shipyards Group Join Forces
Thursday, March 4th, 2010
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a world-class shipbuilding facility in the Port of Ras Laffan, Qatar.
Click Here To Read More
M/Y MUSTANG SALLY IS WINNER OF BRADFORD MARINE'S FREE BOTTOM PAINT JOB RAFFLE
Thursday, March 4th, 2010
Bradford Marine, Inc. is pleased to announce that the 130’ Westport Motoryacht MUSTANG SALLY is the winner of Bradford Marine's Free Bottom Paint Job raffle held at the Miami Yacht & Brokerage Show. The prize consisted of hauling, pressure cleaning, and painting the bottom of the winning yacht, and the Company had many captains, owners, and brokers visit them at the show and enter their boats for the raffle.
Click Here To Read More
DAMEN INTRODUCE ‘PATRIOT’, A PROMISING NEW ADDITION TO THE ASD RANGE
Thursday, March 4th, 2010
In November 2009 the Damen Shipyards Changde in China delivered the powerful and compact harbour tug Patriot, the first of a pair of identical tugs built for use in the Ukraine. Patriot, and sister ship Bulat completed two month later, were ordered by Tekom Leasing Ltd, the end-user of this tug is Odessa Sea Commercial Port. The tugs are the first examples of the ASD Tug 2310 design, a promising new addition to the comprehensive range of ASD tugs Damen can now offer tugowners.
Click Here To Read More
RBG Announces Boardroom Changes
Thursday, March 4th, 2010
RBG Limited (“RBG”), the leading provider of fabric maintenance and construction support to the global energy industry, today announced changes to its Board of Directors to support the company’s ongoing development and growth. As of 1st February 2010, businessman Kevin Lyon became Deputy Chairman of the Aberdeen-based service contractor. At the same time the Company announced the promotion of Andrew Glen, who was appointed to the role of Chief Financial Officer in December 2004, to Finance Director. Kevin – who was shortlisted in the 2009 Sunday Times Non-executive Director of the Year Awards for private equity/unquoted companies – will utilise ...
Click Here To Read More
Shipdex Sets the Standard
Thursday, March 4th, 2010
New data protocol declared ready and available The 4th Shipdex Conference took place at the MAN Diesel PrimeServ Academy in Augsburg, Germany on 16 February, where the Shipdex protocol was declared ready and available for use. Shipdex™ (Ship Data Exchange) is international business rules (protocol) -based and fully compliant with S1000D, developed to standardise the exchange of electronic technical data within the shipping community. The Shipdex protocol aims to ensure a high quality of technical and logistical data and simplify the exchange of data within the industry. For application service providers, Shipdex is a basic specification for implementing data interfaces ...
Click Here To Read More
Roald Amundsen - Lost In The Arctic' Documentary Debuts In Oslo
Thursday, March 4th, 2010
Kongsberg Maritime's HUGIN AUV plays starring role in new film Kongsberg Maritime's HUGIN AUV is featured in an intriguing new documentary, which investigates the disappearance of Roald Amundsen and his 'Latham 47' sea-plane in the Barents Sea during a rescue mission in 1928. 'Roald Amundsen - Lost in the Arctic', is to have its first screening this Saturday (27th Feb 2010), in Oslo, Norway.
Click Here To Read More
BIOLUBES AND THE ENVIRONMENT: Vickers Ecosure range offers a double benefit to ship operators
Thursday, March 4th, 2010
When one thinks of the issues surrounding climate change and the protection of the environment, the role of the oil company does not necessarily spring to mind in a favourable light. So often we read of the problems caused by carbon emissions and the catastrophic damage to wildlife and sea life when heavy fuel oil or crude oil is spilt in the worlds oceans. The images of birds covered and choked with thick black sludge remains imprinted in all of our memories. But our industries continue to demand oil to power their manufacturing and lubricate the machinery that produces and ...
Click Here To Read More
Ship Finance International Limited (NYSE: SFL) - Earnings Release
Thursday, March 4th, 2010
Reports preliminary 4Q 2009 results and quarterly dividend of $0.30 per share. Ship Finance International Limited ("Ship Finance" or the "Company") today announced its preliminary financial results for the quarter ended December 31, 2009. Highlights: -Declared a quarterly dividend of $0.30 per share. -Reported net income for the quarter of $62.4 million, or $0.80 per share. The result includes a $24.7 million cash gain related to the newbuilding Suezmax Glorycrown. -Accrued profit share in the fourth quarter was $5.7 million, or $0.07 per share. The total accrued profit share for 2009 was $33.0 million and is payable in March 2010. ...
Click Here To Read More
GE Oil & Gas Power Generation and Subsea Equipment Wins Bring Gorgon Project Awards to Over $1.1 Billion
Thursday, March 4th, 2010
GE Oil & Gas technology has again been selected to support the development of Gorgon, one of the world's largest untapped natural gas fields, which also features one of the world's largest ever carbon dioxide (CO2) sequestration technology projects. Building on GE's announcement in October that it was awarded a $400 Million contract to supply Gorgon's LNG refrigeration and C02 reinjection components, under today's announcement GE will supply five (5) 130 MW Frame-9 Gas Turbines in a modularized solution to meet the power generation needs of Barrow Island's gas treatment and liquefaction facilities. In addition, GE Oil & Gas' Drilling ...
Click Here To Read More
KVH and Japan Radio Co., Ltd. Sign Global Distribution Agreement for mini-VSAT Broadband Products
Thursday, March 4th, 2010
JRC to sell KVH TracPhone V7 satellite communications systems and mini-VSAT Broadband service through its worldwide sales and distribution network KVH Industries, Inc., (Nasdaq: KVHI) today announced a new distribution agreement with Japan Radio Co., Ltd. (JRC) for KVH’s TracPhone® V7 satellite communications system and the mini-VSAT BroadbandSM service, which will become JRC’s hardware and airtime solution for maritime VSAT communications. Under the terms of this arrangement, JRC will begin selling the KVH-branded TracPhone V7 system on a global basis through its established distributor and dealer channels. JRC will also be authorized to sell the mini-VSAT Broadband airtime service to ...
Click Here To Read More
e3 Systems and Electronic Navigation Limited sign global Partnership Agreement
Thursday, March 4th, 2010
e3 Systems operates a wide ranging business at the forefront of marine electronics in the Mediterranean and the Caribbean. The e3 brand is recognizable throughout the industry and has a high profile which is synonymous with quality, innovation, and professionalism.
Click Here To Read More
INCHCAPE SHIPPING SERVICES EXPANDS INTO FRANCE
Thursday, March 4th, 2010
From today, 1 March 2010, Inchcape Shipping will provide full agency services in Le Havre, Honfleur, Port Jerome, Gravenchon and Rouen Ports. The opening of its new offices in Le Havre and Rouen further enhances the company’s coverage in France which started in the French Mediterranean ports in 2007.
Click Here To Read More
Intermarine Expands Services, Opens European Office
Thursday, March 4th, 2010
Project and heavy-lift carrier Intermarine launched a heavylift service between Europe and South America. The service will deploy new 10,000 deadweight-ton vessels with gear capacities up to 500 metric tons and is intended to carry cargo for South American oil and gas, power generation, mining and infrastructure projects. Intermarine has opened new offices in Zeisty, Hollandy, and Hamburgy, Germany, that will support the new Europe-South America service and provide sales, chartering, logistics, technical and documentation services. Intermarine, headquartered in New Orleansy, has offices in Houstony, Caracasy, Buenos Airesy, Shanghaiy, Seouly, and Mumbai.
Click Here To Read More
World Ocean Council Partners on Sustainable Shipping and Offshore Oil Decommissioning Conferences
Thursday, March 4th, 2010
Important industry conferences address key marine environmental challenges: • Environmental Vigilance: Taking the Lead in Environmental Protection (Abu Dhabi, March 1-3) • Environmental Intelligence in Shipping (San Francisco, March 9) • Decommissioning and Abandonment Summit, Gulf of Mexico (Houston, March 29-30) The World Ocean Council (WOC) - the international business alliance on ocean sustainability - is proud to be a partner in important ocean industry conferences tackling the important environmental challenges facing the major economic uses of ocean space and resources. ENVIRONMENTAL VIGILANCE: TAKING THE LEAD IN ENVIRONMENTAL PROTECTION (Abu Dhabi, March 1-3) The National Transport Authority of United Arab ...
Click Here To Read More
PD PORTS IS THE LEADING VOICE ON PORTCENTRIC LOGISTICS
Thursday, March 4th, 2010
PD Ports, the owner and operator of Teesport in the North East, is leading the way in portcentric logistics as its senior representatives prepare to speak at a number of this years high profile ports and logistics events. From early March senior representatives from PD Ports will be out in force, talking about the benefits of portcentric logistics as an effective means of improving supply chains. At Teesport, the port operator has already achieved an excellent track record in helping businesses eradicate unnecessary road miles and significantly reduce their carbon footprints. With an extensive warehousing and wet bond facility at ...
Click Here To Read More
OMSA REACTS TO ADMINISTRATION PLAN TO UNVEIL NEW OFFSHORE OIL AND GAS AREAS
Thursday, March 4th, 2010
As the association representing the owners and operators of the offshore supply vessels that support offshore exploration, development and production, we are looking forward to the Administration following through on the President’s stated desire to increase offshore energy production -- be it from oil, gas or renewable sources. However, if we as a country are going to expand offshore energy, we need to ensure that the work is done by Americans, especially when it comes to the vessels that make that expansion possible. The Department of Homeland Security is currently reviewing the situations in which foreign vessels and foreign mariners ...
Click Here To Read More
HORIZON LINES RENEWS TERMINAL AGREEMENT EARLY AND REVEALS PLANS TO LAUNCH NEW ASIA LINER SERVICE
Thursday, March 4th, 2010
* Early renewal of terminal services agreement reached with APM Terminals North America * New Asia service will drive growth strategy upon expiration of space-charter agreement with Maersk Line in December 2010 * Conference call scheduled for Monday, March 1, at 8:30 AM ET Horizon Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping and integrated logistics company, today announced that it has reached a binding Memorandum of Understanding (MOU) with APM Terminals North America (APMT) for a new six-year U.S. terminal services agreement, effective immediately. The prior agreement with APMT was scheduled to expire on December 10, 2010. ...
Click Here To Read More
HSE Award to Kårstø
Thursday, March 4th, 2010
Statoil’s highest reward for efforts on health, safety and environment in 2009 goes to the Kårstø processing plant in the Natural Gas business area.
Click Here To Read More
Michael Bellamy Appointed as General Manager of GE Oil & Gas' PII Pipeline Solutions Business
Thursday, March 4th, 2010
Michael Bellamy has been appointed general manager of GE's PII Pipeline Solutions business, according to Claudi Santiago, president and CEO of GE Oil & Gas. Michael has served the last six years as general manager of marketing communications for GE Oil & Gas, which is headquartered in Florence, Italy. Michael originally joined GE through the acquisition of PII in 2002. He will be relocating to PII's headquarters in Cramlington, Northumberland - U.K. In conjunction with this appointment, GE Oil & Gas also announced the retirement of John Bucci, general manager, PII Pipeline Solutions. Santiago praised Bucci for his 34 years ...
Click Here To Read More
Cory Announces New Partnership in Brazil
Thursday, March 4th, 2010
Cory Brothers Shipping Agency, is delighted to announce a partnership agreement with Unimar Agenciamentos Mar?timos Ltda of Brazil. The new agreement commences on the 26th February 2010 and is a step forward to further strengthen and develop the global Cory brand. Headquartered in Santos, Unimar are heavily involved in Oil, Dry, Offshore and Logistics business throughout Brazil, providing an efficient and seamless service to its clients. Kevin Gorman, Cory Managing Director, says: “The Cory Unimar partnership offers the opportunity for both parties to reach into new markets.” Cory Brothers continues to grow its Agency, Hub and Logistics Business globally. Unimar ...
Click Here To Read More
New Production Director in Ulstein Verft
Thursday, March 4th, 2010
Helge Birkeland has been appointed new production director at Ulstein Verft. He has been technical manager at Ulstein Verft since 2008. Managing director of Ulstein Verft, Karsten Sævik, is pleased to have in place the new production director.
Click Here To Read More
VETUS: Waste Water Tanks
Thursday, March 4th, 2010
The popular range of VETUS bulkhead mounted waste water tanks is extended with the addition of a new model (WW25WH). This tank has a capacity of 25 litres and comes complete with an inspection cover, suction pipe and connections for the breather and gravity discharge.
Click Here To Read More
Marine Money Announces Winners of 2009 Deal of the Year Awards
Thursday, March 4th, 2010
For the international shipping industry, 2010 was a year of extraordinary challenge and transformative change. It was a year that saw the ascendancy of China not only as a powerhouse of trade, but also as a shipbuilding, owning and finance force. As the world faced the worst recession since the 1930s, the world of ship finance changed dramatically. It was a year that challenged owners, lenders, investment bankers and structured finance professionals as none had since the start of Marine Money's Annual Awards. Dominant forms of finance shifted and the talents of owners and financiers met the new seascape with ...
Click Here To Read More
Cory Announces New Partnership
Thursday, March 4th, 2010
Cory Brothers Shipping Agency, is delighted to announce a partnership agreement with Unimar Agenciamentos Marítimos Ltda of Brazil. The new agreement commences on the 26th February 2010 and is a step forward to further strengthen and develop the global Cory brand. Headquartered in Santos, Unimar are heavily involved in Oil, Dry, Offshore and Logistics business throughout Brazil, providing an efficient and seamless service to its clients. Kevin Gorman, Cory Managing Director, says: “The Cory Unimar partnership offers the opportunity for both parties to reach into new markets.” Cory Brothers continues to grow its Agency, Hub and Logistics Business globally. Unimar ...
Click Here To Read More
CHC Announces New President for European Operations
Thursday, March 4th, 2010
Leading international helicopter services provider CHC has announced Tilmann Gabriel as President of the organisation’s European Operations. He succeeds present European Managing Director Scott Pinfield at the helm of the company’s operations in the UK, Norway, Ireland, the Netherlands and Denmark. Tilmann Gabriel joins CHC from the Afghan International Airline Safi Airways, where he was President and Chief Executive Officer. He is based at CHC’s European HQ in Aberdeen, Scotland.
Click Here To Read More
Modern Sprinkler Technology Improves Fire Safety on Ro-Ro Cargo Decks
Thursday, March 4th, 2010
Higher water flow rates are needed in order to improve the efficacy of present-day sprinkler systems on ro-ro cargo decks on ships. Higher system pressures and smaller water droplets can also help to improve performance. These are some of the conclusions from a series of trials of modern sprinkler technology tackling a fire in a goods vehicle model. As described in the last number of BrandPosten, SP Fire Technology is conducting a project to improve the performance of sprinkler systems on ro-ro decks on ships under the name of IMPRO, ‘Improved water-based fire suppression and drainage systems for ro-ro vehicle ...
Click Here To Read More
Seattle City Light Push Boat Award
Thursday, March 4th, 2010
Seattle City Light has awarded a contract to Kvichak Marine Industries to build a 25’ – 8” push boat designed by Kvichak Marine to operate with the service barge at the Diablo Dam in the North Cascades. The hull and superstructure will be constructed of marine grade aluminum alloy plate and extrusions. Two vertical push knees will be located at the bow. The knees will be padded by 6” D-section rubber. A 1,500 lb davit with manual winch will be mounted on the stern. The push boat will be powered by twin John Deere 300 hp turbo charged diesel engines ...
Click Here To Read More
SENER is Awarded the Engineering Contract to Repair and Modernise the Argentinian Navy's Icebreaker "Almirante Irizar"
Thursday, March 4th, 2010
In October 2009 the contract came into effect for SENER to carry out the engineering work and provide technical assistance in repairing and modernising the icebreaker Almirante Irizar (RHAI) following the fire it suffered in April 2007. The scope of the contract includes engineering the stripping down of the equipment and damaged structure, the basic and development engineering for all the areas, equipment and systems affected by the repairs / modernisation, and technical support throughout the process, including ocean trials and ice trials. The ship's last campaign was between December 2006 and April 2007. On the return journey, when 140 ...
Click Here To Read More
Navios Maritime Partners L.P. Announces Release from Captivity of Navios Apollon
Thursday, March 4th, 2010
Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) is delighted to announce that the Navios Apollon and her crew were released on 27th February 2010. Navios Partners is pleased to report that the Captain and crew are healthy and will be reunited with their families shortly. Navios Partners thanks the Captain, the crew and their families for their fortitude through this trying ordeal. Many assisted the Company in achieving this outcome. Navios wanted to recognize the special efforts of the Chinese Embassy in Greece, and the Ambassador personally, for assisting in the release process and arranging the Chinese warship Wenzhou ...
Click Here To Read More
Liner Diameter Measurement Instrument
Thursday, March 4th, 2010
Chris-Marine AB has launched a new Liner Diameter Measurement Instrument (LDM) in order to quickly investigate the condition in cylinder liners for 2-stroke engines. The main advantage of this new LDM is that the cylinder head or exhaust valve housing does not need to be removed. By replacing the traditional internal micrometer, the LDM is inserted in the liner through the scavenging ports. A complete liner measurement is now made in fractions of the time previously used with traditional methods, where the removal (and assembly) of the head did not only takes several hours, but it was also a risk ...
Click Here To Read More
DOUBLE CEREMONY AT SESTRI PONENTE: LAUNCH AND CUTTING OF THE FIRST SHEETING FOR OCEANIA CRUISES
Thursday, March 4th, 2010
Today at Fincantieri’s shipyard at Sestri Ponente (Genoa), there was the launch of “Marina”, the first ultra luxury cruise ship which Fincantieri is building for the US shipowner Oceania, scheduled for delivery at the end of 2010. At the same time as the launch there was also the cutting of the first sheeting of the second sister ship, whose first section will be built initially at the shipyard of Castellammare di Stabia.
Click Here To Read More
ITIC warns professional service providers of rising claims exposure
Thursday, March 4th, 2010
THE International Transport Intermediaries Club (ITIC) says it has seen an increase in the number of professional indemnity claims made against the professional service providers who are its members. And it warns that the increase is likely to continue as a result of the trend towards privatisation in what have traditionally been public sector-dominated disciplines such as hydrography. In the latest issue of its newsletter, The Wire, ITIC notes that, over the course of the last few years, the trend has been for former governmental hydrographic organisations to be privatised, joining the existing privately owned companies in the oil & ...
Click Here To Read More
Latest News from Wärtsilä
Thursday, March 4th, 2010
Wärtsilä Delivers Engines to South African Polar Supply and Research Vessel Wärtsilä has signed a contract with the STX Finland Oy shipyard in Rauma, Finland, to deliver four Wärtsilä 32 engines for a Polar Supply and Research Vessel. The Owner of the vessel will be the Republic of South Africa's Department of Environmental Affairs, and it will be operated by SMIT Amandla Marine, of South Africa. The vessel's crew will be trained at the Wärtsilä Land and Sea Academy in Turku, Finland.
Click Here To Read More
Valletta, Malta Wins Best International Mediterranean Port Award
Thursday, March 4th, 2010
The Port of Valletta, Malta has won the Best International Mediterranean Port Award 2009. This was announced at the third edition of ‘Premios Excellence En El Sector Cruceros', taking place in Malaga, Spain earlier this month. The event was hosted by Cruises News Media Group.
Click Here To Read More
NK Press Release on new Board of Directors
Thursday, March 4th, 2010
Japanese ship classification society NIPPON KAIJI KYOKAI (ClassNK) has announced the following changes in its Executive Board of Directors effective 1 March 2010. Executive Vice President Tateo Kaji and Managing Director Fumio Imakita have retired, resulting in two new appointments to the board. New Executive Board of Directors Chairman and President | Mr. Noboru Ueda (unchanged) Executive Vice President | Dr. Hiroshige Kitada (unchanged) Executive Vice President | Mr. Toshitomo Matsui (previously Managing Director) Managing Director | Mr. Shosuke Kakubari (unchanged) Managing Director | Mr. Koichi Fujiwara (newly appointed) Managing Director | Dr. Takuya Yoneya (unchanged) Managing Director | Mr. ...
Click Here To Read More
New Office for Wilhelmsen Ships Service in St Petersburg
Thursday, March 4th, 2010
The world’s leading maritime service network Wilhelmsen Ships Service is pleased to announce that is has relocated its St Petersburg offices to upgraded premises.
Click Here To Read More
Lufkin Announces Lisa Ford, Director of Engineering Ken Beckman, Engineering Fellow for Power Transmission Division
Thursday, March 4th, 2010
Lufkin Industries, Inc. is pleased to announce the promotion of Lisa Ford to the position of Power Transmission Director of Engineering, effective February 1, 2010. In her new assignment, Lisa will be responsible for the overall management and direction of the activities of the Power Transmission Division Engineering Group. Lisa has more than 19 years of service with Lufkin and holds a Bachelor of Science Degree in Mechanical Engineering from Texas A&M. During her career with Lufkin she has held a series of progressively responsible positions within the Engineering Department.
Click Here To Read More
Damco Drives Home Michelin Deal
Thursday, March 4th, 2010
Damco has been appointed by Michelin, one of the world’s largest tire manufacturers, as its logistics and customs clearance provider in Vietnam. The three-year contract will see Damco handling Michelin’s export from Thailand into Vietnam, inland transportation, cross-docking and distribution to customers in Vietnam. Damco will also manage warehouse operations for Michelin in Hanoi and Ho Chi Minh City, where Damco’s warehouse is state of the art and the first in Vietnam with RF guns and full EDI direct interface. The new logistics set up will enable Michelin to distribute directly to almost 100 dealers across the country. “We are ...
Click Here To Read More
STAR European Conference 2010: Agenda Announced
Thursday, March 4th, 2010
Date: 22 - 23 March, 2010 Location: London, UK To register, click HERE. This exclusive two day event will bring together engineers from around the world and explore the latest developments in engineering simulation technology and to discuss the ways in which it can be deployed to solve industrial problems, reducing costs and empowering innovation. Keynote: Ted J Miller - Advanced Battery Technology, Ford Ted Miller is Ford's Senior Manager of Energy Storage Strategy and Research and Chairman of the United States Advanced Battery Consortium (USABC) Management Committee. His team is responsible for energy storage strategy, research, development, ...
Click Here To Read More
GL Moves Country Office From Stockholm to Gothenburg
Thursday, March 4th, 2010
Due to the increasing number of maritime clients in Western and Southern Sweden, Germanischer Lloyd (GL) is restructuring its organisation in Sweden. From March 1, the Country Office is located in Gothenburg. The country management is sited in the existing GL Gothenburg Station Office. GL is a ship classification society and an international technical assurance and consulting company for the energy sector. The company will maintain a strong presence in Stockholm, Gothenburg and Karlstad in Sweden, Turku and Helsinki in Finland, Oslo, Alesund and Bergen in Norway, Copenhagen, Alborg, Arhus and Fredericia in Denmark and in Reykjavik in Iceland. Germanischer ...
Click Here To Read More
Sherwin-Williams’ Euronavy ES301 Named Steel Tank Institute Product of the Year
Thursday, March 4th, 2010
Application on Gulf of Mexico offshore platform results in award Sherwin-Williams’ Euronavy ES301 has been named the 2009 Product of the Year by the Steel Tank Institute.
Click Here To Read More
Kongsberg Maritime Releases First Issue of Subsea Newsletter 2010
Thursday, March 4th, 2010
Kongsberg Maritime distributes the Subsea newsletter 4 times per year. Click HERE to view the first installment of the newsletter for 2010.
Click Here To Read More