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PressReleases 
Articles Marex Corporate News and Press Releases
Incident involving the VLCC M. STAR, west of the Strait of Hormuz
Thursday, July 29th, 2010
Mitsui O.S.K. Lines, Ltd.(MOL, President : Koichi Muto) today reported that at about 5:30 a.m. JST (00:30 local time) on Wednesday, July 28, west of the Strait of Hormuz at 26º27’ N 56º14’ E (Oman territorial waters), the VLCC M. STAR owned by MOL, suffered hull damage caused by an explosion which seemed to be an attack from external sources. The degree and details of hull damage are currently under investigation but no serious injury was reported, although one of the crew was slightly injured, and no oil leaked from the hull. Further, M. STAR continues her voyage, making for ...
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Austal Expands Middle East Service Presence
Thursday, July 29th, 2010
Austal announces the expansion of its vessel support and maintenance presence in the Middle East following the award of a technical services contract with Saudi Arabian ferry operator The Maritime Company for Navigation (MACNA). The contract award follows the recent opening of Austal service hubs in Egypt and Oman, and a new regional headquarters in the United Arab Emirates (Dubai). Under the contract, Austal will provide rapid response to technical issues related to three large Austal vehicle ferries, including spare parts supply, for a period of up to five years. Austal Chief Operating Officer Andrew Bellamy commented; “Strategically this is ...
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Becker Marine Systems at SMM 2010 - hall 1A, booth 450
Thursday, July 29th, 2010
Hamburg-based ship supplier Becker Marine Systems will once again be appearing alongside it’s partner for steering gear, HATLAPA Uetersener Maschinenfabrik, at this year’s SMM and will once more be welcoming visitors to its 170m2 stand. As a specialist in high performance rudders and manoeuvring systems, Becker Marine Systems offers a comprehensive range of products. The focus of the fair presentation is on innovative product developments and their possibilities for optimizing propulsion. Following the great success of the Mewis Duct® launched in 2008, Becker Marine Systems will this year be reporting on the range of product features shown in operation. The ...
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Keppel secures bonus for safe delivery of Greatship’s third multi-purpose vessel
Thursday, July 29th, 2010
Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), has delivered its third multi-purpose platform supply & support vessel (MPSSV) to Greatship Global Offshore Services Pte. Ltd (Greatship) with a perfect safety record, meriting a bonus of US$10,000. Mr Hoe Eng Hock, Executive Director of Keppel Singmarine, said, “The safe and within budget delivery of Greatship Mamta is another feather in the cap for Keppel Singmarine, demonstrating our excellent construction capabilities and commitment to meet our customers’ needs. “This safety bonus is a boost to Keppel Singmarine and we are grateful ...
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MARINE TRAVELIFT INC. AND COLONNA’S SHIPYARD LAUNCH A NEW ERA WITH THE 1000C MOBILE BOAT HOIST
Thursday, July 29th, 2010
STURGEON BAY, WI (July 28, 2010) – When Marine Travelift Inc. delivered the world’s largest mobile boat hoist to Colonna’s Shipyard in December 2009, the two companies effectively launched a new era in the handling of large vessels. The new 1000C, capable of lifting 1,000 tons (2,200,000 pounds), is already revolutionizing the way this Norfolk, Virginia-based shipyard approaches its business. Founded in 1875, Colonna’s Shipyard is the oldest family-owned, full-service shipyard in the United States. Located on the deep-water, mid-Atlantic Port of Norfolk, it features a 17,200-ton floating drydock, a 2,800-ton floating drydock and two marine railways. Such railways and ...
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Keppel breaches new depths in the offshore windenergy sector
Thursday, July 29th, 2010
Offshore arm Keppel FELS commercialises its new wind turbine installation vessel design for deeper waters in partnership with leading fleet owner and operator Seafox Group. Keppel FELS Limited’s (Keppel FELS) multi-purpose self-elevating platform (MPSEP) design has been chosen by the Seafox Group (Seafox) as the basis for a new-generation, wind turbine installation vessel that can withstand harsh offshore environmental conditions all year round in water depths of 65 metres in the North Sea. Compared with existing wind turbine installation vessels, and the majority of those being constructed, this vessel can operate in some 45%-deeper waters, while reducing downtime even in ...
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MOL announced its FY2010 1st quarter results
Thursday, July 29th, 2010
Please Click on the link below for the financial highlights for the first quarter : http://www.mol.co.jp/ir-e/financial/pdf/con1007-e.pdf
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PD PORTS WELCOMES EXPANSION BY JDR CABLE SYSTEMS TO EXPAND AT HARTLEPOOL DOCK
Thursday, July 29th, 2010
PD Ports has welcomed the decision by a major supplier to the offshore energy sector to more than double its facility at Hartlepool dock. This news comes as JDR Cable Systems is backed by UK Government funding to help continue its groundbreaking work in wind farm development. JDR Cable Systems, a leading provider of subsea power cables, umbilical systems and marine cables for the energy sector, has signed a deal to expand its current 100,000 sq ft facility at Hartlepool, opened only last July, by a further 116,000 sq ft to meet demand. Jerry Hopkinson, PD Ports’ MD, bulks, ports ...
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UK shipping companies could benefit from new double taxation treaty passport scheme
Thursday, July 29th, 2010
Leading accountant and shipping industry adviser Moore Stephens says UK-based companies in the shipping sector which negotiate loans with overseas corporate lenders could benefit from a new Double Taxation Treaty Passport (DTTP) scheme recently introduced by the UK government. Sue Bill, a tax partner with Moore Stephens, explains, “Under the new scheme, which comes into operation on 1 September 2010, an overseas lender in a country with which the UK has a double tax treaty can apply for a DTTP. If this is granted, the passport holder will be entered onto a publicly available website with its unique DTTP ...
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InterTech Development Company Expands Test Fixture Design Services to Help Marine Product Component Manufacturers Meet Gage R&R Requirements
Thursday, July 29th, 2010
Worldwide marine product component manufacturers seeking to eliminate the costs associated with high defect rates in test-intensive assembly and test operations and wasted engineering efforts—often over the course of weeks or months—to re-engineer production systems to meet minimal Gage R&R standards can now enlist the services of InterTech Development Company’s Applications Laboratory for test fixture design services – see http://www.intertechdevelopment.com/instrumentation_detail.cgi?id_num=146. Jacques Hoffmann, President and Founder of InterTech Development Company explains that this stepped up effort to address inadequacies in fixture design is in response to the widespread misconception that high precision leak detectors and other test instrumentation can ...
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Euronav selects Seagull E-TOTS for entire fleet
Thursday, July 29th, 2010
Euronav Ship Management has chosen Seagull’s electronic version of the Tanker Officer Training Standard for use on all of its very large crude carriers. Having first been delivered to Euronav offices in August 2009, the Seagull e-TOTS is now on board 30 ships. Intertanko introduced the TOTS system, which goes beyond STCW requirements, to establish voluntary standards to ensure tanker officer competence for general shipboard operations, as well as those for specific tanker types such as crude, product and chemical tankers. The aim has been that these voluntary standards should become the norm for a competent tanker officer. Developed to ...
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Maritime Industry Faced with New Proposals for Regulating Air and Water Discharges As a Result of Environmental Group Action; Comment Opportunities Limited
Thursday, July 29th, 2010
The U.S. Environmental Protection Agency (“EPA”) is continuing its efforts to expand and change how it regulates the environmental impact of maritime operations. One effort addresses water pollution issues while vessels are underway, while the other addresses air pollution issues when at shore. The water pollution proposal seeks comments on whether it should grant a request for rulemaking that seeks to vastly change and upgrade marine sanitation devices. Comments are due by November 9, 2010. In the air pollution proposal, the agency plans to settle a lawsuit by proposing that it reconsider its current regulations of hazardous air pollutants (HAPs) ...
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Cobham’s Sea Tel® announces 2010 flagship 10 Series Antenna
Thursday, July 29th, 2010
CONCORD, CA – Cobham SATCOM is pleased to announce its new Sea Tel XX10 marine stabilized antenna, specifically developed to enable bandwidth conscious customers to enjoy the benefits of Always-On VSAT network in the maritime environment. The XX10 series is a lighter weight, easy-to-install, marine stabilized antenna system for broadband connectivity. Available in 40 inch (100cm) and 50 inch (125cm) reflector sizes, it is configured to be compatible with all Ku-Band frequencies. It is designed to meet some of the most stringent design specifications such as EN 60945, MIL STD 461, MIL STD 167-1 and IEC 60950. The XX10 will ...
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First ISO 9001 Certified Law Firm in Panama
Thursday, July 29th, 2010
Dear Clients, The world’s leading independent auditing and certification agency, Société Générale de Surveillance, S.A. (SGS) has awarded our law firm, Mossack Fonseca & Co. the certification that recognizes us as the first and only ISO 9001:2008 certified law firm in the Republic of Panama. The ISO 9001:2008 quality system assures you that Mossack Fonseca & Co. complies with the current standards and norms and that we can readily offer efficient and expeditious services. Established in 1977, Mossack Fonseca & Co. is a leader in Corporate, Trust and Legal services. With 44 offices worldwide, our professionals specialize in Commercial Law, ...
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Turbocharger cut-out retrofit solution attracts massive interest from shipowners after proof-of-concept
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Thursday, July 29th, 2010
In the last six months, the turbocharger cut-out solution has attracted great interest from shipowners and managers as the solution has proven its worth during tests and installations. As a response to the needs of the shipping market for a more flexible utilization of both full and part load operation, the turbocharger cut-out solution has been developed at MAN Diesel & Turbo. Optimal fuel consumption is now possible at both full and part load. Flexibility in slow steaming The sailing pattern of the largest container vessels, especially between Asia and Europe, has changed recently as a result of factors such ...
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TowBoatU.S. Ft. Lauderdale returns a boat from the Bahamas to the U.S. After allegedly being stolen by the Barefoot Bandit
Thursday, July 29th, 2010
The Barefoot Bandit allegedly made his way from Marsh Harbour to the waters off Eleuthera in the Bahamas when he ran the 44' SeaRay that he was operating aground in an area known as the Devils Backbone. The vessel was recovered after the "Pilot turned Skipper" fled onto the island. Salvage crews ungrounded the boat and delivered it to Nassau for repairs. Due to the extensive damage to the vessels propellers, struts, rudders and shafts, the owner ultimately decided to return her to the U.S. for the repairs. TowBoatU.S Ft. Lauderdale's 96' Salvage vessel M/V Richard L. Becker took the ...
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COMPELLING COLLABORATION OF SHIPPING INDUSTRY LEADERS AT SEAFARERS & CREW MANAGEMENT ASIA 2010
Tuesday, July 27th, 2010
Best processes and best practice to be at the forefront of discussions Singapore, 22 July - With 2010 being the Year of the Seafarer, key industry issues has received heightened awareness such as the worst shortage of qualified crew in the industry’s history. This lack of skilled and qualified seafarers has had an immense impact on the global economy. According to recent estimates, 27,000 – 30, 0000 officers by 2015 are exacerbated by the negative impact of crew criminalisation and the escalating problem of global piracy. As such, Asia Business Forum’s Seafarers & Crew Management Asia 2010 returns as the ...
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SEA TOW IN BROWARD COUNTY INITIATES FREE AUTOMATED RADIO CHECK SYSTEM
Tuesday, July 27th, 2010
In an effort to promote safe boating, Sea Tow Ft. Lauderdale is now providing to the boating public, a first of its kind, free automated marine radio check system, on VHF marine channel 27, 24/7/365. Many boaters continually request radio checks on VHF channel 16 which is the hailing and distress frequency, monitored by the Coast Guard and Sea Tow, 24/7. Radio checks on channel 16 are a safety issue and a violation of the Communications Act. Often, distress calls to the Coast Guard are interrupted by boaters requesting radio checks. Imagine a boater who is having a medical emergency ...
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BISSO MARINE PERFORMS HEAVY LIFT JOBS
Tuesday, July 27th, 2010
HARVEY, La. (July 23, 2010) – BISSO MARINE, a premier provider of energy and maritime support services, successfully performed two heavy lift jobs involving a 200-ton vessel and a 560-ton hull. Using the D/B CAPPY BISSO, the crew launched a 200-ton crew boat from shore to the Harvey Canal. The project took place at Midship Marine, Inc. In Moss Point, Miss., the D/B CAPPY BISSO lifted a 560-ton hull from the Pascagoula River and set it ashore at a fabrication yard. The crew had to ballast down the 700-ton derrick barge so it could squeeze under the 40-foot clearance of ...
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Austal Hosts Keel Laying Ceremony For US Army’s “Spearhead” (JHSV 1)
Tuesday, July 27th, 2010
103-metre catamaran now well underway with the first modules now erected after their completion in the new Module Manufacturing Facility Just over six months after the official opening of Austal’s new Module Manufacturing Facility (MMF) in November 2009, Austal USA hosted a keel-laying ceremony at its shipyard in Mobile, Alabama today (22 July), to signify the erection of the first modules on the US Department of Defense’s next generation multi-use platform, the Joint High Speed Vessel (JHSV). This is part of a 10-ship program potentially worth over US$1.6 billion. Keel Laying is the formal recognition of the start of the ...
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Bristol Harbor Group, Inc. provides Barge Design and Construction Oversight Services for the New York Power Authority
Tuesday, July 27th, 2010
Bristol, RI – July 23, 2010 – Bristol Harbor Group, Inc., (BHGI), has reached the final design phase for an 80’ x 34’ x 5’ Pedestal Crane Barge design for The New York Power Authority, (NYPA). The Pedestal Crane Barge, also known as a “Floating Crane,” is currently under construction at Great Lakes Shipyard in Cleveland, OH, where BHGI is also providing construction oversight services. BHGI began by conducting an initial on-site investigation of the ice boom, and the existing Ice Boom Work Barge, HAVASU - currently in use as a work platform for NYPA personnel during install & removal ...
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Maritime Volunteer Amanda Wallace-Hope and Healing Holiday
Tuesday, July 27th, 2010
A charming young woman with a brilliant smile, Amanda Wallace is currently serving as Mercy Ships’ new second officer. She works for Chevron on tankers, but she is spending her two-month vacation on the Africa Mercy. She is the flagship of Mercy Ships, a global charity that host the largest non-governmental hospital ship providing free medical relief and sustainable development for over 30 years. A native of California's East Bay area, Amanda joined the Sea Scouts in high school and really enjoyed it. Through that association, she met some graduates from the California Maritime Academy, which was about fifteen minutes ...
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Keppel delivers Seadrill’s 5th KFELS B CLASS jackup rig
Tuesday, July 27th, 2010
Keppel FELS Limited (Keppel FELS) is on track towards an on-budget and on time delivery of the KFELS B Class jackup rig, West Callisto, to Seadrill Limited (Seadrill) before the end of July 2010. To date, the project has clocked a good safety record of 2.2 million man-hours without incidents. This rig was named at Keppel FELS today by Lady Sponsor Mrs Poespawardhani Priyono, spouse Mr R. Priyono, Chairman of BPMIGAS, Indonesia’s upstream oil and gas supervisory agency. Mr Wong Kok Seng, Executive Director of Keppel FELS, said, “Together, Keppel and Seadrill have been setting the global standard in offshore ...
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ZF Marine Group Mourns the Passing of Tom Katica
Tuesday, July 27th, 2010
Miramar, FL – It is with sadness that the ZF Marine Group recognizes the passing of Thomas P. “Tom” Katica, our colleague and long time Account Manager for the Western Region. On July 8th, 2010, after a two year battle with cancer, Tom finally succumbed peacefully in his home on Whidbey Island, surrounded by family. “This is a great loss, not only for ZF Marine, but the marine industry as a whole.” Said Wolfgang Schmid, President and General Manager, ZF Marine LLC. “Tom’s passion for our business and this industry was clearly evident every single day. His warm smile greeted ...
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KPI Bridge Oil Singapore moves into new offices to accommodate further expansion
Tuesday, July 27th, 2010
London, 23 July 2010 – KPI Bridge Oil, a leading global broker and trader in marine bunkers, has relocated its Singapore office to 1 Raffles Place. The continuing growth and expansion of KPI Bridge Oil Singapore has meant that the company has outgrown the previous facilities and has prompted the company to move into bigger and more centrally located premises in order to accommodate the plans to further expand the trading teams over the coming months. Kelvin Yeo, managing director of KPI Bridge Oil Singapore, adds “the company has a strong reputation as a reliable and expert partner in the ...
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Polarcus secures 100% fleet backlog for Q3 on confirmation of second Gassnova 3D project
Tuesday, July 27th, 2010
Reference is made to the notice published by Polarcus Limited on 25 February 2010 regarding the receipt of a Letter of Intent from Gassnova SF for two 3D seismic acquisition projects offshore Norway comprising a minimum 405 square kilometers and potentially up to a total of 900 square kilometers. Polarcus Limited (OAX: PLCS) announced today that subsequent to the successful and on time completion by Polarcus of the first Gassnova 3D survey (“Johansen 3D”) on 04 July 2010, the second 3D project (“Troll Kystnær 3D”) comprising 323 square kilometers offshore Norway has received budgetary approval and will be acquired by ...
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GULF COAST BUSINESSES, CITIZENS JOIN TOGETHER AGAINST DRILLING MORATORIUM
Tuesday, July 27th, 2010
Mounts Washington, DC, Advertising Campaign To Fight Back Against Drilling Ban Baton Rouge, LA –A new organization composed of Louisiana businesses, organizations and individuals -- Gulf Citizens United (GCU) -- has been formed to raise a unified voice against the oil drilling moratorium on the Gulf Coast. Specifically, GCU has been created “for the purpose of furthering the common good and general welfare of the gulf coast community as a non-profit organization dedicated to bringing attention to the economic hardships associated with the oil and gas drilling moratorium and working toward its cessation.” GCU has mounted an advertising campaign on ...
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SDS and TMPS Join Forces
Tuesday, July 27th, 2010
Scandic Diesel Services (SDS) and Trans Marine Propulsion Systems (TMPS) join forces in coast to coast services. In order to provide better service and coverage to our clients SDS and TMPS have joined forces within our product lines securing personal point of entry cross America with offices in Seattle in the west, Tampa in the south (Transmarine Tampa), and Scandic Diesel Services in Montreal on the east coast. The cooperation stated in January 2010 with the common product line from Lehmann & Michels (LEMAG) where TMPS were the representative on the US west coast and SDS in Canada. We found ...
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Navis Engineering launches the new AP4000 autopilot
Tuesday, July 27th, 2010
Navis Engineering (Finland) has announced the launch of the new generation of the whole company’s product line including the AP4000 autopilot (AP3000 in the previous generation), the JP4000 Joystick Control System/Autopilot (previously JP3000) and the NavDP4000 Series Dynamic Positioning System. The AP4000 autopilot has undergone a substantial redesign. The front panel has been given a more modern outlook, materials and technology and a 6.5’ high contrast and resolution color display with the 150º viewing angle. Besides, the level of front panel protection has been increased from IP44 up to IP67 which makes the AP4000 suitable for outdoor installations (at fly-bridge ...
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