Wärtsilä Gains €25-million on Sato Sale
Wärtsilä Corporation has sold all of its 1.987.940 shares in housing investment company Sato Oyj. Wärtsilä will record a capital gain of approximately EUR 25 million on this sale.
GoM Energy Workers Testify Need of Offshore Lease Sales
Two members of the Gulf Economic Survival Team testified at a U.S. House Natural Resources Subcommittee on Energy & Mineral Resources Oversight hearing. Two members…
Headhunter Installs Sewage Treatment Plant on AET Tankers
Headhunter, Inc. completed installation of the company’s Tidalwave HMX sewage treatment plant on the first of two specially outfitted Aframax tankers owned by AET Tanker Holdings of Kuala Lumpur, Malaysia. The two Aframax tankers have been chartered for 20 years to Marine Well Containment Company of Houston, Texas. The Tidalwave HMX systems are USCG-certified and Bureau Veritas-approved to IMO MEPC 159(55) standards.
First U.S.-Flag "Lakers" Back In Service; 52 More To Follow
The 2013 Great Lakes shipping season began on March 2 with the sailing of the tug/barge unit Prentiss Brown/St. Mary’s Conquest. The vessel, operated by Port City Marine Services, departed its winter lay-up berth in Milwaukee and sailed for Charlevoix, Michigan, where it loaded 9,200 tons of cement for delivery to Chicago. Next to get underway was the tug/barge unit Dorothy Ann/Pathfinder. The vessel…
Troy Container Hire New IT Manager
Troy Container Line Ltd., one of the largest American-owned NVOCCs, appointed Benjamin Towner IT Manager. Mr. Towner’s management of Troy Container Line’s website application development and enterprise architecture will support enhanced quality and customer service for web users. Mr. Towner joins Troy Container Line with 20 years of experience in the information technology industry. His background…
Hubbell gets nod from PEMEX on Heater Contract
Hubbell Awarded Water Heater Contract For The PEMEX $78 Million Offshore Drilling Platform. Hubbell Electric Heater Company, a leading manufacturer of Marine/Offshore qualified water heaters located in Stratford, CT, announced today that the company has been awarded the water heater contract for the habitation module for the latest offshore drilling platform owned by Mexico’s state run oil company PEMEX.
Super Cranes Arrive in Britain
Inchcape Shipping Services (ISS) was called on to act as agent for the arrival of the first giant cranes at the UK’s new global container port, DP World’s London Gateway. As the largest quay cranes in Britain, bigger than the London Eye and weighing 2,000 tons each, ISS arranged the complex operation of easing the heavy-lift vessel operated by Shanghai Zhenhua Shipping Co, the Zhen Hua 26, onto the berth ready to start the delicate process of discharging the leviathans.
Westgarth Joins Seagull Board
Capt. Graham Westgarth, who becomes a non-executive Seagull Director, has over 40 years industry experience including 18 years at sea (five years as a Ship’s Master). From 2001 to 2010, he was responsible for Teekay’s 5,000 sea and shore staff and the technical management of 200 vessels, as the company extended beyond its conventional tanker interests to shuttle tankers, FPSOs, FSOs and LNG vessels.
Senator Dick Durbinn to Receive Waterways Council Award
U.S. Senator Dick Durbin (D-IL) will receive the 12th Annual Waterways Council, Inc. Leadership Service Award on March 19, 2013 at the Loews Madison Hotel in Washington, DC. He will receive the award during WCI’s Washington Seminar at approximately 2:45 p.m. Senator Durbin is the 47th Senator from the State of Illinois, the state’s senior senator and the convener of Illinois’ bipartisan Congressional delegation.
Royal Caribean Names Rob Zeiger VP, Global Communications Officer
Royal Caribbean Cruises Ltd. has named Rob Zeiger to the position of vice president, global chief communications officer. Zeiger is responsible for leading Royal Caribbean’s overall communications, corporate social responsibility, public relations and corporate positioning strategies. He reports directly to the company’s chairman and CEO, Richard D. Fain. Zeiger has more than 25 years’ experience in media relations, corporate reputation and issues and crisis management.
Economist Dan North to Address U.S. and Global Financial Forecast
This year’s IMUA Annual Meeting’s keynote address will feature a presentation by Dan North, Chief Economist for Euler Hermes North America. Addressing attendees of the 83rd Annual Meeting…
Diana Shipping Enter Contract with Cargill
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Cargill International S.A.…
Siemens Wind Power Turbine Certified
Siemens Wind Power has received offshore prototype certification from GL Renewables Certification (GL RC) for testing its new 6 megawatt offshore wind turbine at DONG Energy's Gunfleet Sands III demonstration project in the UK. This will be the first offshore test of this new offshore wind turbine. Morten Pilgaard Rasmussen, head of research and development at Siemens Wind Power received the Prototype Certificate from Axel Dombrowski…
Former Greek Navy Commander Joins AdvanFort
AdvanFort Company appointed Nicholas-Andrew Iliopoulos business development director. Mr. Iliopoulos is a former Greek Navy Lt. Commander and a master mariner who…
RS Platou: Shipbuilding Capacity Lower
RS Platou Economic Research AS said in a monthly report that global shipbuilding capacity is significantly lower than it was at its peak five years ago. Though a…
Tognum Makes Large Investments
2012-2014: Investment of more than one billion euros in plant expansion and R&D; Publication of Annual Report 2012 announced. The specialist for propulsion and power solutions Tognum intends to invest more than one billion euros by the end of 2014. This amount exceeds the volume that Tognum specified in a cornerstone paper together with Daimler AG and Rolls-Royce plc two years ago. Approximately €600…
Björn Lagerkvist, 1941 - 2013
It is with deep sadness and regret we report that Mr Björn Lagerkvist, former President of the International Council of Marine Industry Associations (ICOMIA) passed away on Friday 1 March 2013 after a long-suffering illness. Mr Lagerkvist was appointed Chief Executive Officer of Swedish marine industry association Sweboat in 1975 and attended his first ICOMIA Congress in Oslo that same year – consecutively attending Congress for the next 37-years.
Xylem Launches New ‘FerryBox’ Water Quality Monitor
Xylem Analytics UK and Aanderaa Data Instruments have launched a new marine water quality monitor which has been designed to enable wider deployment of water quality sensors on ferries and other marine vessels. The ‘SOOGuard’ will be launched at Ocean Business 2013 in April and Xylem’s David Goldsmith says: “In order to encourage the operators of ferries to allow the installation of monitoring equipment on their vessels…
New Azerbaijani Shipbuilding and Repair Unit Opens
President Ilham Aliyev reportedly participated in the opening ceremony for the newly built ship repair and shipbuilding production unit of the State Caspian Sea Shipping, News AZ reports. Chief of the Azerbaijani State Caspian Sea Shipping, Aydin Bashirov, briefed the head of state on the conditions and production process at the new venture, detailing its technology and equipment. Aliyev then visited the six separate workshops of the production unit, constructed across 2.2 hectares.
World Bank Offers to Aid Jamaica's Logistics Hub Plans
Jamaica’s plans to become one of the world’s top four logistics centres has received a major boost after the World Bank committed to providing technical and other…
