COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply. Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts, has signed a share purchase agreement with COSCO Europe GmbH to acquire the entire issued share capital of its wholly-owned subsidiary, Hanyuan Technical Service Center GmbH. The consideration of the acquisition amounted to EUR1,180,000 (equivalent to approximately HK$11,977,000). Upon completion of the acquisition, Hanyuan will officially become the first wholly owned subsidiary of COSCO International in Europe, which marks a crucial step to expand its global presence of supply services of marine equipment and spare parts outside Asia.
MAN B&W Diesel Service in Denmark has revamped its level of customer service with a free tracking system Extranet service enabling customers who are buying original MAN B&W Diesel spare parts, with the ability to track their orders from their desktop. Those ordering the spare parts for the engine manufacturer's two- and four-stroke engines will benefit by being able to follow any spare part order from the moment it is shipped to the arrival at its destination
After completing sea trials off the southern California coast, dry cargo/ammunition ship USNS Sacagawea (T-AKE 2) was delivered to the U.S. Navy’s Military Sealift Command (MSC) on Feb. 27. The ship, designated T-AKE, is the second in a new class of combat logistics force ships and is able to deliver ammunition, provisions, stores, spare parts, potable water, and petroleum products to the Navy’s carrier and expeditionary strike groups and other Naval forces.
The Swiss company B2B Netservice Ltd. is now offering a business-to-business Internet platform using reverse auction techniques. Planned for unveiling in Hamburg and ready for operation on November 1, 2000, mespas.com will enable buyers and suppliers of maritime engine spar parts to meet on the Internet. The goal of the new platform is to simplify the procurement of bids by buyers of maritime engine spare parts, and, at the same time, to provide suppliers a new sales venue for their products
BOURBON optimizes Class Dockings for its vessels with new organization Bourbon Docking. Located in Dubai, this new organization will strengthen BOURBON’s vessel maintenance program, allowing the Group to reach its 2015 target rate of 95% vessel availability. According to BOURBON 2015 Leadership Strategy plan, the Group’s growth strategy is based on the mass-building of vessels in series. This initiative substantially reduces costs
Raytheon Anschütz is expanding its presence in the U.S. navigation systems market with the opening of its San Diego, Calif.-based operations in January 2012. The business area will be co-located at Raytheon’s established facility, dedicated to the development and delivery of naval and maritime systems and technology. With the new office, Raytheon Anschütz focuses its capabilities in providing navigation systems and customer support to the U.S. maritime industry. The U.S
Kvichak Marine Industries, Inc. acquired MARCO Pollution Control, a leader in the design and manufacturing of oil spill recovery equipment. With this newly added division Kvichak will expand its product offering for its existing line of all-aluminum vessels used in the spill recovery industry – many of which utilize the MARCO Filterbelt module as the primary recovery platform. “We saw this purchase as a perfect fit for Kvichak,” said company president, Keith Whittemore
SpecTec Group has signed an agreement with diesel engine company Wärtsilä whereby Wärtsilä will become a value-added distributor of SpecTec's AMOS software product range. The agreement marks the beginning of a partnership with the two companies co-operating to enable the delivery of fully integrated CMMS (Computerised Maintenance Management Systems), which includes e-business and electronic documentation. Thomas Falck, SpecTec's CEO and Managing Director
Germany's Rheinmetall Group to supply 12 fire control radars & 6 electro-optical systems for six new patrol boats. Together with spare parts and training, the order also includes a transfer of know-how to Malaysia, which will enable local industry to take an active part in the project. Delivery of the systems will commence in 2015 and continue through to 2020. The Malaysian Navy’s new “Second Generation Patrol Vessels Littoral Combat Ships” (SGPV LCS)
The National Shipping Company of Saudi Arabia (Bahri) and Saudi Electricity Company (SEC) signed a Memorandum of Understanding (MoU) for a period of five years, appointing Bahri to transport all the equipment, tools, spare parts and products imported from outside by SEC. The MoU, signed by Engr. Ibrahim Al-Omar, CEO of (Bahri) and Engr. Ziad Al-Shiha, CEO of (SEC), aims to support strategic resettlement of projects for electrical industries and exchange of experiences between the two
MacGregor has signed a three-year MacGregor Onboard Care (MOC) service agreement with the German shipping company, Peter Döhle Schiffahrts Group, for an annual inspection of deck machinery, steering gear and cranes on a mixed fleet of 70 vessels
Offshore and marine operators of electrochlorination-based marine growth prevention systems are set to benefit from a new maintenance and service initiative from the world’s leader in the market: Evoqua Water Technologies.
Wärtsilä has signed a five-year maintenance agreement with Estonia based AS Tallink Grupp for its new RoPax ferry M/S Megastar on the Tallinn - Helsinki route across the Gulf of Finland. Megastar, due to start operation on January 29, 2017
Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing ofa Memorandum of Understanding (MOU) with Damen Shipyards Group last year. The works signify the successful cooperation between Damen Services in the Netherlands
Thome Ship Management Pte Ltd and Radio Holland Singapore have concluded a Service Rate Agreement (SRA) covering the NavCom service and maintenance needs of its entire fleet of more than 200 vessels. Headquartered in Singapore, Thome Ship Management has worked together with Radio Holland for
Liebherr Maritime Cranes recently delivered a new mobile harbor crane, type LHM 550, to the Port of Helsingborg. In addition, Container Terminal St. Petersburg got two machines of the same type. All three machines are equipped with electric prime movers.
Royal IHC has signed a contract for the design, construction and delivery of a 4,200m3 trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP
Remi Eriksen, Group President and CEO DNV GL, discussed some of the upcoming developments in the maritime world in his speech at the Danish Maritime Technology Conference. The main question for all of us is: What does the future hold for shipping?
Rolls-Royce has signed a deal with Pacific Power Group to distribute and service Kamewa steel and aluminum series waterjets in the Western U.S., Alaska and Hawaii. Pacific Power Group, a longtime distributor for Rolls-Royce MTU diesel engines, has been providing sales
ZF Marine, the marine business unit of the global ZF Group, said it has secured a new location for its Gulf of Mexico/Inland Waterway sales and service operations. The company opened its wholly owned location in the greater New Orleans area in late 1996
GE’s Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. The LM2500 gas turbines will be provided by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine division, Bangalore, India under license from GE.
Wärtsilä has signed a long-term Technical Management Agreement to optimize the performance of 10 of the Spanish company Albacora S.A.'s fishing vessels. The five-year agreement was tailored to meet the requirements of Albacora's fleet management
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with access to technology and the
Swedish ferry operator Stena Line has renewed its planned maintenance agreement with MacGregor, part of Cargotec. Stena Line has held MacGregor Onboard Care (MOC) agreements since 2008 and its latest contract takes the number of RoRo vessels covered to 39.
Saudi Arabia, at war in Yemen and competing for regional influence with arch-rival Iran, projects a 6.7 percent rise in defence spending in 2017 to 191 billion riyals ($50.8 billion), according to official budget figures released on Thursday.