Quest Announces New CFO
Quest Specialty Chemicals, a company in the specialty coatings industry, announced the appointment of Rick Martin as Chief Financial Officer, effective immediately. Martin has an experience in finance within a number of global industrial businesses, emphasizing financial and internal control activities, investor relations and risk management. Prior to joining Quest, Martin served as Vice President Corporate Controller, Treasurer and Secretary for Hilex Poly Co., LLC.
Third Damen Stan Patrol for Mexican Navy
The Mexican Navy contracted Damen Shipyards Group for the design and material package of a Damen Stan Patrol 4207, including technical assistance. Construction of the vessel will start in the summer of 2013 at ASTIMAR 1 (Tampico), one of the five naval shipyards of Astilleros de la Secretaría de Marina. The vessels are designed to perform patrolduties in designated areas. Other clients who operate similar vessels in the region include navies and coast guards of Jamaica…
Chet Morrison Develops Subsea Cutter: SHARC
Chet Morrison Contractors has developed a subsea cutter that they say offers improvement over existing technologies. SHARC (Subsea Hydraulic Abrasive Rotating Cutter) was developed to make subsea P&A work safer for divers by eliminating the need for hand jetting and reducing the time divers spend under water performing. In addition, the manufacturer claims that SHARC reduces overall job time by 60 percent and can be deployed by Chet Morrison’s 240-foot…
DryShips Reports 1Q 2013 Financial and Operating Results
DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. For the first quarter of 2013, the Company reported a net loss of $116.6 million, or $0.30 basic and diluted loss per share.
Açu Superport: A Modern Port Concept for Brazil
After spending a day exploring the sprawling Açu Superport and Industrial Complex construction site far up the northeast coast of the state of Rio de Janeiro courtesy of LLX and OSX…
Dutch Navy Contracts Imtech for Submarine Upkeep
Imtech Marine signed a contract to be involved in the execution of the capability upkeep program Walrus-class submarines (IP-W) of the Royal Netherlands Navy. The Dutch Defense Materiel Organization granted Imtech Marine Netherlands the assignment to carry out the mechanical, engineering and electrical upgrade works on board the submarines. The assignment will be carried out at the Naval base in Den Helder and will run from 2013 until 2020.
Lloyd’s Approves Hyundai LNG Carrier Training Facility
Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier training courses to SIGTTO Training Standards. Lloyd's Register has awarded Approved Training Provider (ATP) Certification to Hae Young Maritime Services Co. Ltd. (HMS), a subsidiary of Hyundai Merchant Marine Co. Ltd (HMM), one of Korea’s largest shipping companies. The HMS Training Center at Busan…
Cruise Industry Adopts Passenger Bill of Rights
Cruise Lines International Association (CLIA) has announced that its Board of Directors approved the adoption of a Cruise Industry Passenger Bill of Rights detailing…
A Billion to One Shot
TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver. Through long-term joint ventures with state-owned Chinese concerns, TTS has established itself as the leading (and largest) Norwegian business in China. Ivar K. Hanson, the chief operating officer of marine, offshore and ports and logistics equipment supplier TTS Group, has adopted the diplomatic smile of an experienced politician.
GAC Pushes Further into the Arctic with Polar Logistics Group
GAC Norway AS and Polar Logistics Group ApS (POLOG) formed a strategic partnership to further strengthen GAC's network within the Arctic Circle. The move is the latest stage in the company's Arctic strategy to better serve the region by bringing together organizations and individuals to create a unified network of expertise, experience and local resources. By combining GAC's shipping, logistics and…
Cargotec Appoints Mikko Pelkonen Senior VP
Cargotec has appointed Mikko Pelkonen as Senior Vice President, Human Resources and member of the Executive Board and reporting to President and CEO Mika Vehviläinen. He will be responsible for corporate human resources strategy and implementation. The appointment takes effect in August 2013. Mikko Pelkonen is currently Vice President of Human Resources at Nokia Siemens Networks, Mobile Broadband Business Unit.
WSS Reports Steady SARD Increase
Wilhelmsen Ships Services (WSS) General Manager for Japan Yoshihiro Iizuka said that he expects more customers to sign up for its Ships Agency Re-Defined (SARD)…
Ambrey Risk Launches New Training Website
Maritime security specialist, Ambrey Risk, based in Herefordshire, U.K., launched a new training and recruitment website: www.ambreytraining.com, outlining their…
HoOk Offshore Crane R&D Project Launched
With funding from the German Federal Ministry of Economics and Technology and supported by "Projektträger Jülich" (PTJ) (project sponsors Jülich), over the next three years Hamburg University of Technology, Mareval AG Hamburg and the maritime engineering company HeavyLift@Sea will conduct research into the improvement of tools for the simulation of offshore crane operations. The project is named HoOK - Hochseeoperationen mit Kranen [Offshore Operations with Cranes].
DP Gezina Named and Christened
The naming of Service Support Vessel DP Gezina in Hardinxveld – Giessendam was performed by Mrs. Gezina Roelofs, and witnessed by the 200 guests attending the event. Mrs. Gezina Roelofs is the mother of the owner of Chevalier Floatels, Marcel Roelofs. With Chevalier Floatels new flagship, DP Gezina completed, both Chevalier Floatels and Holland Shipyards companies have added another vessel to their track record.
Logistics Revenues Surpass Pre-recession Levels
The latest report from Ti, Global Transport and Logistics Financial Analysis 2013, reveals the winners and losers in the global logistics industry over what has been a tempestuous six year period.
Austal Lays Keel for Fourth U.S. Navy Vessel
Austal held a keel-laying ceremony for the fourth Joint High Speed Vessel Fall River (JHSV 4), one of ten Austal-designed 103-meter U.S. Navy Joint High Speed Vessels under contract with the U.S. Navy. The ship’s sponsor, Diane Bemus Patrick, was present at the ceremony to authenticate the keel. Mrs. Patrick, First Lady of Massachusetts where the city of Fall River is located, was chosen to sponsor the ship by Secretary of the Navy Ray Mabus. Mrs.
Wärtsilä to Supply Direct Electric Heating for Chevron African Offshore Oilfield
Wärtsilä was contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited's Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9,000-kW system will be used to heat the 43-km subsea production pipeline between the Lianzi field and the Benguela Belize Lobito Tomboco (BBLT) platform. The Lianzi field lies approximately 100 km off the coast of the Republic of Congo, and the BBLT platform is located in Angola.
Aker Solutions to Double Subsea Manufacturing Capacity in Brazil
Aker Solutions today laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil. The plant in the city of São José dos Pinhais in the Paraná state in Brazil will be operational in 2015. It will replace Aker Solutions' current subsea manufacturing facility in Curitiba and double production capacity in the country. Aker Solutions' Executive Chairman Øyvind Eriksen and Luis Araujo…
IEA Pushes for Renewables and Nuclear Power
In a review of Finnish energy policies launched, the International Energy Agency praised Finland for its commitment to a sustainable energy future. With its energy…
