Hydrasun Secures Shell Integrity Management Contract
Hydrasun, a provider of integrated fluid transfer, power and control solutions to the global energy market, has secured a five-year contract with two, one year extension options…
NV Charts Debuts New Northeast Regional Chart
One of the most popular boating and cruising areas on the U.S. East Coast, the region from Long Island, New York to Nantucket, is now available in improved format and readability from NV Charts. Region 3.1: Rhode Island to Nantucket Sound, including the waters from Watch Hill, R.I. to Chatham, Mass., on the lower end of Cape Cod, includes Nantucket, the Elizabeth Islands and Buzzard’s Bay, Block Island, Block Island Sound and all of Narragansett Bay.
Alnmaritec Announce Partnership with Sculli
U.K. shipbuilder Alnmaritec announced a new exclusive alliance with the Italian design company Studio Sculli. Based in Sarzana near La Spezia, the studio is lead by Mauro Sculli - formerly Design Manager for the world renowned Wally Yachts - and has to date specialized in design and support for the Italian Super yacht industry. In this new development, the worlds of commercial boats and super yachts are to be fused together.
DNV Software Advances 3D Simulation Technology
Marine operations – such as transportation, installation and lifting of fixed and floating structures and subsea equipment – are becoming increasingly challenging…
Seaway Powell Launches Victory Series Actuators
Seaway Powell Marine, a British engineering companies specializing in the design and manufacture of marine hydraulic systems, has announced it will be manufacturing and distributing a new range of Victory Series Actuators. The Victory Actuator Series is an electromechanical ram-style actuator that is a low maintenance alternative to fluid power cylinders. Suited as a clean and efficient hydraulic cylinder replacement…
Safety, Savings and Simplicity Cited as Key Cylinder Oils Benefits
Roughly nine out of 10 shipowners and managers using single oils believe that the main benefits are the assurance of safety in operations, direct savings in lubricant…
Crowley Honors USMMA Midshipman with Award
Crowley Maritime Corporation presented U.S. Merchant Marine Academy (USMMA) Midshipman James R. Cameron with the company’s Maritime Security Enhancement Award, during the academy's recent 2013 graduation awards convocation. The Maritime Security Enhancement Award, established in 2003, is given each year to a USMMA student who demonstrates a strong interest in a port, maritime or transportation security career and who achieves the highest grade in the academy’s transportation security class.
Seeking a Worthy Container Line Stock ...
Asian container liner finances are put under the microscope in a recent Drewry Maritime Equity Research report. It is a challenge to find an investable container shipping stock in the current environment. Most companies have seen their cash balances wither and total industry debt has more than doubled in the past five years to USD 100-bn. Drewry’s analysis of the financial health of the industry paints…
China Merchants' Guestimate Container Terminal Growth
China Merchants Holdings (International) Company recently held its AGM in Hong Kong and the Vice-Chairman predicted figures in the company's container terminal operation interests. The Company's Vice Chairman Li Jianhong, Managing Director Hu Jianhua, Deputy Managing Director Zheng Shaoping and Deputy General Manager & CFO Zhang Rizhong were interviewed by journalists after the AGM. Mr. Li Jianhong said: "This year from January to May…
Safe Bulkers Start Series B Share Trade on NYSE
Greece-based Safe Bulkers, Inc. commences trading of its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares on the New York Stock Exchange. About Safe Bulkers, Inc.
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