Wrist Ship Supply, part of the Wrist Group, announced the acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America - the largest ship supply organization in North America. The move represents the largest deal in the Wrist Group’s corporate history, and provides the organization with a major footprint into the U.S. and Canadian markets. The acquisition marks Wrist Ship Supply’s fifth deal in the past 12 months, and continues Wrist Group’s strategy of controlled global expansion. The Group now has a significant presence in all key global regions in Europe, The Far East, Middle East and the Americas. OneSource has a turnover of $120m and employs 259 people. As part of the acquisition, the previous owners of OneSource will remain on the management team and as shareholders in Wrist. Jubi Hillery, President, World Ship Supply will oversee the combined entity in North America, which will be headquartered in Houston, and David Cocklin, President & CEO of Karlo Corporation, and Charlie Michelson, President of West Coast Ship Supply, will also remain in senior management positions in the new entity.
Iveco announced the opening of its U.S. engine operations, Iveco Motors of North America, in conjunction with the unveiling of their new brand name, Iveco Motors. Serving 79 countries with its diesel engines, Iveco Motors opened North American operations in Carol Stream, IL to respond to the demands of the growing Canadian and the U.S. marketplace. The new U.S. operation will serve as an independent engine business that will focus on application development, sales
Zurich, a property and casualty insurance provider in North America and globally, said its Global Energy’s Marine group has appointed Patrick Hickey as vice president – Global Corporate Cargo, North America. In this newly created role, Hickey will manage the underwriting and growth of ocean cargo coverage to Zurich’s largest corporate customers in North America. David Drake, vice president – Cargo
Ron Huibers, currently President of Sales & Marketing North America within Volvo Trucks Americas, will assume his new position on September 1, 2012. Huibers has been with Volvo Group for 20 years. He has held various North America and International executive positions within Volvo Group including Volvo Construction Equipment, Volvo Financial Services, Mack Trucks and Volvo Trucks. In his current position, Huibers is the leader of Volvo Trucks North America commercial sales and
Wrist Ship Supply has announced growth of more than 30% in its North American-based operation, in what it describes as a milestone for ship supply in the United States. The growth follows Wrist’s acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America – in 2010. The successful integration of the largest ship supply organization in North America has given Wrist a significant
The surprising surge in cargo volumes from Asia to the East Coast of North America since July remained strong in September, and even appears to have continued in October says a Drewry Maritime Research analysis. Eastbound Shipments from Asia to the East Coast of North America (ECNA) continued to grow impressively in September, reaching 382,000 teu. It brought the total for the peak season quarter up to 1.14 million teu, a startling 18% increase over the same period last year
Cummins Power Generation Americas and Wärtsilä NSD North America, Inc. have formed a joint venture, Combined Energy Systems, to provide natural gas and light fuel oil fired distributed energy solutions and services to the North American energy market. It is estimated the U.S. share of the market is $6 billion. Combined Energy Systems will be headquartered in Annapolis, Md. Mark S. Schroeder, general manager, power plants, Wärtsilä NSD North America, Inc
Rolls-Royce announced the appointment of Dennis J. Jarvi as President, Defense North America. He will join the company on July 12 and will lead the company's defense business in North America, succeeding Steve Dwyer, who was appointed Chief Operating Officer of Rolls-Royce Corporation earlier this year. Mr. Jarvi will report directly to James M. Guyette, President & CEO, Rolls-Royce North America Inc. and, as a member of the company's global defense executive team
Steve Schultz a marine industry leader and Interlux veteran of 29 years announced his retirement to his staff and friends in a brief meeting at International Paint, PLC headquarters on November 20, 2008. Mr. Schultz has been Executive Vice President of Yacht Coatings North America since 2002. He started his career in 1980 as Interlux Marketing Manager. In 1984 he became General Manager of Interlux US, and shortly thereafter, became responsible for Interlux North America
Port Officials and BMW of North America, on the eve of BMW’s 26th anniversary at the Port, executed a fifth modification of its 1987 contract extending their agreement for an additional five years through December 31, 2018. Said Harbor Board President Jason Hodge, “BMW’s Vehicle Distribution Center is a vital community partner and a significant economic engine. The center, along with a training center and the Emissions Test center employs 85 workers most of whom
The engineering and technology group SENER has opened a division in India with offices in New Delhi, Bengaluru and Chennai. This new geographical location responds to SENER’s globalization strategy and follows the development of previous engineering and construction projects in the country
U.S. utilities have withdrawn a record amount of natural gas from underground storage to meet heating and power needs during an extremely cold winter, but gas producers say they are confident they can rebuild inventory. By Eileen O'Grady
Oil and gas asset integrity and corrosion management firm LUX Assure said it has made strides in developing a presence in the U.S. by establishing a sales and service agreement with Houston-based Brown Corrosion Services Inc. Brown Corrosion Services will be handling the business development of
MAN Diesel & Turbo North America President, Robert Burger has appointed David Antoniazzi as Director Sales – Cruise, Ferry and Merchant. In his new capacity, he is responsible for promoting and selling MAN Medium Speed Engines and aft ship products in North America.
The Lord Mayor of the City of London, Fiona Woolf, welcomed the foreign direct investment by Dubai’s DP World into London Gateway, while visiting the recently opened deep-sea container port and Europe’s largest logistics park.
W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has been named the exclusive North American marine distributor for Perma-Pipe, Inc., the largest North American manufacturer of pre-insulated piping
Woods Hole Oceanographic Institution (WHOI) has teamed up with the public to build the most comprehensive and up-to-date dataset on marine radiation levels in the aftermath of the 2011 Fukushima Dai-ichi Nuclear Power Plant disaster. With no U.S
Virtually all large Mediterranean transhipment hub ports recorded double digit growth in 2013, well above regional and global growth levels, notes the latest edition of Drewry's Container Insight Weekly. Once all full year data is collated
Cargo movement technology experts Navis inform that DP World’s Terminales Rio de la Plata (TRP), the largest container facility in Argentina, successfully went live on the Navis N4 terminal operating system (TOS). A Navis SPARCS and Express customer since 1994
Reuters - (The following statement was released by rating agency RPT-Fitch Solutions) Credit default swaps (CDS) on Diamond Offshore Drilling Inc. (Diamond) have widened 47% over the past month, according to Fitch Solutions. Diamond's CDS significantly underperformed the 3
To celebrate its new location in San Antonio, Texas, Laborde Equipment Services (LES) opened its doors to customers and associates at an open house. The facility was overflowing as the company welcomed over 125 guests at the event. Participants were given a facility tour
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected four major research and development projects for award, as part of the program's continuing mission to reduce costs associated with U. S. shipbuilding and ship repair
Diesel engine service and engineering specialists Trans Marine Propulsion Systems, Inc. (TMPS), inform that Noel Martinez has joined the 29 year old company as the Senior Superintendent Engineer to manage Non OEM 2 and 4 stroke field and component service on Wartsila engines and their related
By Claire Milhench, Reuters New fuel rules for ships entering low sulphur zones around northwest Europe and North America next year could trigger a price spike in European gasoil, whilst refiners will struggle to offload unwanted fuel oil.
Reuters – New fuel rules for ships entering low sulphur zones around northwest Europe and North America next year could trigger a price spike in European gasoil, whilst refiners will struggle to offload unwanted fuel oil. From January 2015