Following another strong year for the company, President and CEO, Doyle Taylor, has promoted his Vice President of Sales, Allen Walker, to Vice President and General Manager of the Monico Monitoring, Inc. Taylor brought Walker on board in September of 2012 as Vice President of Sales to oversee the company’s ever-growing product sales and expanding sales staff, to utilize his business and management experience to bring more structure and drive to the company’s sales process and to grow international sales. After just one year in the position, Walker has exceeded expectations. Prior to joining Monico, Walker served as Vice President of Global Sales for PECOFacet and Managing Director of Facet Deutschland GmbH, both Clarcor Companies, and was also an officer of Perry Equipment Corporation. He brought to Monico more than 25 years of experience in engineering, operations, sales and general management. monicoinc.com
For the second consecutive year, the Port of Los Angeles experienced record-breaking exports as outbound container volumes surged 14.5 percent in 2011 compared to 2010. Imports also increased 2.3 percent compared to the previous year. Total annual volumes, including empty containers, rose 1.4 percent. Complete statistics are available here. “We’re fortunate to have stronger year-over-year results in 2011 but we are not resting on our laurels as the nation’s premier trade
Hempel in 2006 was able to take advantage of its leading market segment positions, continuing sustained growth to deliver a 19 percent increase in revenue versus 2005. The Hempel revenue figure was a new record level of EUR 780 million. Operating profit was up 36% to EUR 61 million from EUR 45 million and net profit was up 23% to EUR 37 million from 30 million for the same period last year. With the higher levels of trade and construction activity worldwide, Hempel was able to increase
Overall the Group's interim results for the six months ended Sept 30, 2008 are expected to show strong growth over the same prior year period. The Group continues to experience strong demand in each of its principal end user markets of oil and gas, power and marine. Geographically Asia Pacific and Central Eastern & Southern Europe remain particularly strong with good customer wins across all our main markets. With a less pronounced split of profits expected between the first and second
KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the first quarter ended March 31, 2010. Revenue for the first quarter of 2010 was $28.0 million, up 53% from the quarter ended March 31, 2009. Net income for the period was $2.1 million, or $0.14 per diluted share. During the same period last year the company reported a net loss of $2.6 million or $0.18 per diluted share, on revenues of $18.3 million.
In 2012 Liebherr Mobile Harbor Cranes achieved the highest annual turnover in history. In addition to this remarkable success, Liebherr received the IBJ Innovative Technology Award and the State Prize Clean Technology Austria, acknowledgements for its innovative strength and environmental awareness. Moreover, Liebherr reached a remarkable milestone with the delivery of its 1000th mobile harbour crane. Proved excellence in cargo handling
The New Year started much as the old left off with product tanker markets strong Mideast-Far East and Tran-Atlantic but weak elsewhere. LR2 tanker rates for Mideast-Japan jumped five and ten Worldscale points on successive days, according to brokers.
A&P Southampton has recently completed dry docking and repairs aboard the heavy lift ship, Strong Virginian, a vessel owned by Van Ommeren Shipping (U.S.) LLC. The 21,541dwt vessel arrived for dry docking on May 27 following a period alongside in Marchwood Military Port, where she was demobilized prior to refit. A team from A&P Southampton assisted with the demobilization which included releasing sea fastenings and providing support to the ship's staff for removal of US Army landing craft
Ratings agency Standard and Poor’s (S&P) has affirmed North P&I club’s "A" credit rating and stable outlook following a review of marine mutuals based on the agency’s new ratings criteria for insurers. The review confirms North’s continued status both as the second largest and as one of the highest-rated members of the International Group of P&I Clubs. It was based on S&P’s new rating methodology for insurers published on May 7, 2013
The expansion of GAC Bunker Fuels Ltd global network continues with the opening of a new dedicated office in India and the appointment of an additional trader in Singapore. The opening of the Cochin office reflects the company’s commitment to its operations in the Indian Subcontinent, where they are already represented by a team based in Colombo, Sri Lanka. Shipping veteran Captain Sathya Chandrashekar has been appointed to run the new Cochin operation.
Carnival Corporation & plc has appointed US Navy retired Vice Admiral William Burke to the newly created position of Chief Maritime Officer, effective December 9, 2013. Burke will report directly to Chief Operations Officer Alan Buckelew and will have oversight of the company's
The Tognum Group & its subsidiary MTU Friedrichshafen situated on Lake Constance provide staff with numerous possibilities for reconciling the demands of work and private life, now recognized for the third time as a 'Family-Friendly Employer'
As Congress considers extending critical federal incentives for wind energy this month, leaders from the Virginia Offshore Wind Development Authority, the City of Norfolk, and the Virginia Ship Repair Association joined Environment Virginia to detail the economic and environmental benefits of
Marine Propulsion Systems, a business unit of ZF Friedrichshafen AG, shared at the sidelines of Marintec China 2013 that China continues to be a key focus for the company and shared plans to strengthen its footprint in the market. ZF Marine has been in China since 2006 and currently operates a
Middle East shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship Repair/Shipyard award for the second consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013. Abu Bakar Mohd Nor, CEO of N-KOM said
The GAC Group has been named the Bulk Ships Agent of the year in the 2013 International Bulk Journal (IBJ) Awards which salute the best in the global maritime bulk industry. The shipping, marine and logistics services provider was among 18 winners recognised at this year's IBJ Awards ceremony
A&P North East shipyard announces that the Subsea7 vessels 'Acergy Discovery' and 'Rockwater 1' will be dry-docked at the company's Tyne facility in November and December 2013. For the Acergy Discovery the main SOW covers thruster overhaul and general maintenance.
The International Tribunal for the Law of the Sea has ordered the Russian Federation in a binding ruling to release the Greenpeace ship 'Arctic Sunrise' and the 28 activists and two freelance journalists on board upon payment of a EUR 3.6 million bond.
Heavy seas at Phi Phi Island have sunk a large passenger ferry, beached a cargo boat and heavily damaged at least six speedboats and 20 longtail boats, inform the Phuket Gazette citing Thailand Marine Police officials. The Andaman Jet Wave ferry
Altogether 26 people are missing after two ships sank in separate incidents off the coast of east China's Shandong Province, reports Xinhua. Strong gales were forecast off Shandong, when twelve people were confirmed missing after the ship "XINGLONGZHOU65"
EMA/IMA has just completed an in-depth analysis of the floating production sector. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs. Inventory of floating production systems now at 277 units
H.E. Khamis Juma Buamim, Chairman of Drydocks World and Maritime World the international provider of maritime services to the shipping oil, gas and energy sectors received the prestigious Sword of Honor for 2013 from the British Safety Council. The award was presented in the presence of Ms
The Panama Canal is experiencing a strong grain shipping season with dry bulkers registering record grain cargoes during the first two months of the current fiscal year. Based on the analysis by the Panama Canal’s Marketing Division, in October, a total of 5
Two AHTS (80 metric ton bollard pull with dynamic position capability) One 36 meter fast utility/crew boat with option for a second vessel Continues its fleet renewal and expansion program to capitalise on strong demand for offshore support vessels
Some voyages are expected to be delayed in the North Sea waters as a very intense low is expected in the South Norwegian Sea on December 5 and is moving E-ward over Scandinavia on December 6. It will cause severe weather conditions in the North Sea with STORM and HIGH to VERY HIGH SEA December