ABB's New Turbocharger: 'A Quantum Technology Leap'
ABB Turbocharging unveil its new A200-L generation of single-stage turbochargers for low-speed two-stroke engines. The A200-L’s compressor stage has been optimized…
MOL Warns Large Net Loss in 2012
Mitsui OSK Lines' financial statement for Q3, December 31, 2012, underlines a stagnant shipping market. Looking at the maritime shipping market conditions, in the dry bulker market…
Nautilus Marine Extends Acquisition Tender Period
Greece's Nautilus Marine Acquisition Corp. (Nautilus) extends tender period referring to the acquisition of Assetplus Ltd. The tender offer, as amended, has been extended until 5:00 p.m.…
Greek Shipowners CPLP Justify Q4 2012 Net Loss
Capital Product Partners L.P. (CPLP) attribute fourth quarter 2012 net loss to a US$43.2-million impairment charge. CPLP an international owner of modern tanker…
Cruise Trade Association Goes Global
9 cruise industry associations to operate under a common organization with a unified structure to better serve the industry. The new association was created to provide…
Older Markey Equipment Doesn’t Fade Away ...
It Just Comes Home for New Life. The late W.C. “Bill” Markey, President of Markey Machinery for over 40 years (1948 to 1988) coined a simple phrase for the company’s design philosophy, “Built Hell For Stout”. As a result, an extraordinary number of Markey deck machines manufactured during that era (and after) are still in service today. As a result, customers often contact Markey for service parts and/or complete overhaul of a winch that is over 50 years old.
ABS Forms Operational, Environmental Performance Team
Top talent to take leadership role in developing solutions for industry’s most pressing challenges. ABS, a provider of global classification services, has taken…
Offshore Lifting Trials Completed
Offshore lifting trials with crane barge Conquest MB1 and Cargo / supply vessel Abis Dublin successfully completed. deugro Denmark A/S, together with partners Conquest Offshore and Amasus Shipping / Abis Shipping, have developed a plan for the installation of offshore windpark components. The approach of this plan is the use of a standard offshore barge with a 1,500 tons offshore crane (Conquest MB1)…
Seamen’s Union Launches 48 hour Strike in Greece
Inchcape Shipping Services (ISS) advised of 48 hour strike action in Greece by the Seamen’s Union from 0600 on Thursday 31 August until 0600 on Saturday 2 February 2013.
Signal Ship Repair Achieves 1000 Days
Signal Ship Repair, a division of Signal International, Inc., recently attained a milestone of 1,000 days without a lost time injury, on January 30th, 2013. This…
MacGregor Wins Ship Equip Deal
More car carriers benefit from established MacGregor electric-drive technology. MacGregor, part of Cargotec, has secured a contract to deliver electrically-driven…
Maersk Line Commences New Service From KPCT
A solution providing dedicated road and railway lines, efficient terminal operations, world-class marine infrastructure, customer-centric approach, cost effective services was of utmost requirement to the Southern Andhra Pradesh, Eastern Karnataka, and Northern Tamil Nadu hinterland. These facilities define Krishnapatnam Port Container Terminal (KPCT). With such advantages, new Container line services are commencing from KPCT.
IMO Sec-Gen Visits IMSO HQ
International Mobile Satellite Organization (IMSO) visited by International Maritime Organization (IMO) Secretary-General. The purpose of the visit was to discuss matters of mutual interest, in particular in the field of the future of maritime communications and how new technologies would support the sustainability of the maritime sector. IMSO Director General, Captain Esteban Pacha-Vicente, said:…
Doyle Joins FMC
On Tuesday, January 1, 2013, the United States Senate confirmed President Obama’s nomination of William P. Doyle, of Pennsylvania, to be a Federal Maritime Commissioner.
DOJ: Former Liner President Guilty in Price-Fixing Conspiracy
Former Executive Convicted for Role in Price-Fixing Conspiracy Involving Coastal Freight Services Between the Continental United States and Puerto Rico. Following a two-week trial…
Kirby Announces 4Q & 2012 Year Financials
Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2012 of $57.9 million, or $1.03 per share, compared with $56.2 million…
ACL to Haul for SeaRiver Maritime
American Commercial Lines Will Transport Petroleum Products by Inland Barge for SeaRiver Maritime Inc. American Commercial Lines (ACL) is pleased to announce that…
OW Bunker Buy Two Bunker Barges
OW Bunker acquire two bunker barges for Nordic operations: 'OW Copenhagen' and 'OW Aalborg'. Prior to the acquisition, OW Bunker operated both vessels on a bare…
Dong Energy to Build Westermost Rough OWF
DONG Energy to build this offshore wind farm (OWF) located in the North Sea off the British east coast. The construction will represent a total investment of approximately…
SHI Profits Eroded by One-Off Costs
Samsung Heavy Industries (HII) Q4 3012 net profit fell 59% due to costs related to an oil-leakage accident in 2007. Net profit for the three months ended December…
