L-3 Klein Delivers HarborGuard Systems
SALEM, N.H., May 5, 2011 – L-3 Klein Associates, Inc. (L-3 Klein) announced today the first deliveries of its HarborGuard Integrated Waterside Security and Surveillance System for a major U.S.
Wrist Ship Supply Acquires Strachans
Wrist Ship Supply, one of the world’s largest ship supply companies, today announced the acquisition of Strachans Ltd, the UK’s leading independent food distributor to the offshore catering market. This represents Wrist’s sixth deal in less than two years following acquisitions in Europe, America and Canada. The agreement combines Strachans’ specialist offshore market knowledge with Wrist’s global network…
PSV Rem Mist Delivered
Ulstein Verft delivered the platform supply vessel Rem Mist to Remøy Shipping on 5 May 2011. The vessel, which is yard number 289 from Ulstein Verft, was delivered one day before the contracted date. In his speech at the delivery, managing director of Remøy Shipping, Per Gunnar Jarnes, emphasised ULSTEIN’s ability to deliver advanced vessels on time - even before time in this instance. “In order to be successful in the global market…
Hume New W&O CEO, Guidry Advances in Pon
W&O, supplier of marine valves, pipe, fittings, engineered products and valve automation systems, announced that Michael Hume has been appointed President and CEO of W&O. He has been serving as the company’s Chief Operating Officer since 2009. Jack Guidry, former president and CEO of W&O, has been promoted to Senior Vice President of Pon and CEO of PVI, one of Pon’s American holding companies, which owns W&O, DMC-Carter Chambers and AT Controls.
New E&C Offshore Contracts Worth Over $1 billion
San Donato Milanese (Milan), 3 May 2011 – Saipem has been awarded new E&C Offshore contracts worth in excess of $1 billion in China and Brazil. The offshore activities for both the contracts will be performed mainly by the newly-built and highly-specialized Saipem FDS 2 vessel, in different periods between 2012 and 2013. In China, Husky Oil China Ltd awarded Saipem the contract for the Liwan 3-1 Field – Deepwater EPCI.
Capital Product Partners Merger with Crude Carriers
CAPITAL PRODUCT PARTNERS L.P. ATHENS, GREECE, May 5, 2011 -Capital Product Partners L.P. (the "Partnership") (NASDAQ: CPLP), an international owner of modern double-hull tankers, today announces two important transactions, an increase in the investment of our Sponsor, Capital Maritime and Trading Corp. (“Capital Maritime”) in the Partnership and releases its financial results for the first quarter ended March 31, 2011.
Daewoo Shipbuilding Rides Demand
According to a report from The Wall Street Journal, Daewoo Shipbuilding & Marine Engineering Co. said its first-quarter net profit more than doubled under new accounting standards on strong orders.
Vinashin's Bank Loan Extended
According to a report from Viet Nam News, the government green-lighted a plan that will extend the loan payment period for Viet Nam Shipbuilding Industry Group (Vinashin).
Vinashin's Bank Loan Extended
According to a report from Viet Nam News, the government green-lighted a plan that will extend the loan payment period for Viet Nam Shipbuilding Industry Group (Vinashin).
Council Endorses Irving Shipbuilding
According to a report from Halifax News Net, Halifax Regional Council has endorsed Irving Shipbuilding’s efforts to secure a contract for large vessel construction…
OW BUNKER Says Outsourcing Model Is Natural Evolution For Fuel Supply
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today stated that outsourcing fuel procurement is a natural evolution within the shipping industry as ship owners and operators look to maximise efficiencies and reduce costs within their operations. “Although fuel oil is not core to ship owners’/operators’ end service it still represents over 50% of a vessel’s operating costs.
Gilje Appointed VP of L-3 Valmarine
L-3 Valmarine has appointed John Egil Gilje as vice president and director Sales & Marketing of L-3 Valmarine effective April 1, 2011. Gilje will report directly to Finn Inge Langeland, managing director of L-3 Valmarine. With more than 18 years of international management experience, whereof the last five years in the marine automation market, Gilje, 42, had been serving, prior to joining L-3 Valmarine…
Call for Changes to SOLAS to Combat Piracy
Prominent UK and US maritime lawyer and maritime author Dr John A.C. Cartner is calling on the International Maritime Organization (IMO) to enact changes to the…
U.S. Navy Photo: USS Mesa Verde
MEDITERRANEAN SEA (April 29, 2011) Sailors and Marines assigned to the amphibious transport dock ship USS Mesa Verde (LPD 19) conduct a visit, board, search and seizure exercise. Mesa Verde is deployed as part of the Bataan Amphibious Ready Group, supporting maritime security operations and theater security cooperation efforts in the U.S. 6th Fleet area of responsibility. (U.S. Navy photo by Mass Communication Specialist 2nd Class Josue L. Escobosa/Released)
STX Finland Management Changes
The acting President and Chairman of STX Finland, Mr Su-Jou Kim, has decided to reorganize STX Finland´s management group to improve the efficiency, synergies and competitiveness of STX Finland.
Danaos Corporation Adds One More Newly Built Vessel
Athens, Greece, May 4, 2011 - Danaos Corporation (NYSE: DAC), a leading international owner of containerships, announced that on May 4, 2011, it took delivery of one more newly built containership, the Hanjin Greece, expanding its operational fleet to a total of 55 containerships aggregating 257,029 TEU. The Hanjin Greece, built at Hyundai Samho Heavy Industries Co. Ltd. has a carrying capacity of 10,100 TEU, is 349 meters long, 45.6 meters wide and has a speed of 25.50 knots.
Deltamarin Designs Equinox Class Bulk Carriers
Deltamarin has signed an agreement with Nantong Mingde Heavy Industry about the design of totally seven new Equinox Class Self Unloading and Gearless Bulk Carriers to be built for Algoma Central Corporation and the Canadian Wheat Board. Deltamarin will take care of the Basic and Detail design of the vessels as well as Procurement support. The vessels are derivatives of Deltamarin’s B.delta standard bulker designs…
Moore Stephens Calls on HMRC to Consult
Leading accountant and shipping adviser, Moore Stephens says companies operating within UK tonnage tax could consider leaving the UK, as a result of HMRC’s decision to unilaterally reinterpret the regime rules. Sue Bill, a tax partner with Moore Stephens, says, “Given the substantial increase in the UK fleet since 2000, it is widely considered that UK tonnage tax has been a success. HMRC’s decision…
New Technology for Submarine Wireless Battery Monitoring
The German navigation specialist Raytheon Anschütz introduces a newly developed wireless battery monitoring technology. The core of the system is a new sensor that features an innovative measurement concept to provide highest failure safety while contributing to cost savings during installation and servicing. Raytheon Anschütz, as a subsidiary of the Raytheon Company, presents a wireless battery monitoring demonstration at this year’s UDT in London.
Wärtsilä Wins Total Solution Order for LNG Vessel
Wärtsilä, the marine industry's leading solutions provider, has been contracted by Kleven Maritime of Norway to design a new LNG powered Platform Supply Vessel (PSV) of the Norwegian operator Rem Offshore. The scope of the order also includes the propulsion machinery, automation and other equipment for the same vessel. Wärtsilä is the clear market leader in supplying design and propulsion solutions for LNG powered PSVs, a position that is further strengthened with this order.
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