CDI Electronics Acquires Balmar Marine
CDI Electronics has announced the acquisition of Ballard Commercial Industries located in Arlington, Washington. The transaction was completed on June 6. Financial terms were not disclosed. CDI Electronics was founded in 1983 and is a company in aftermarket outboard ignition systems and diagnostic software. Balmar was founded in 1982 and is known worldwide for its high-output alternators and premium DC charging systems for gasoline and diesel inboards.
Ice Impacts Still Felt on Great Lakes in May
Iron ore shipments on the Great Lakes totaled 6.4 million tons in May, a virtual repeat of a year ago. The total would have been about 600,000 tons more, but three 1,000-foot-long U.S.-flag lakers were out of service for a combined 65 days in May to repair damage suffered in the heavy ice that covered the Lakes in March and April. Shipments from U.S. ports total 5.8 million tons, again virtually unchanged from a year ago. Loadings at Canadian terminals in the St.
Today in U.S. Naval History: June 9
Today in U.S. Naval History - June 9 1882 - Establishment of Office of Naval Records of the War of the Rebellion (became part of Naval Historical Center) 1942 - First Navy photograhic interpretation unit set up in the Atlanic. 1959 - Launching of USS George Washington (SSBN-598), first nuclear powered fleet ballistic missile submarine, at Groton, Ct. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Dynamic Oil Trading Urges Greater Due Digilence
Dynamic Oil Trading, a global trading company for marine fuels and lubricants, has highlighted the important role of fuel suppliers in helping shipping companies…
Marine Rebound Strengthens RINA Results
International engineering, testing, certification and classification group RINA has reported improved results for 2013. Its performance was strengthened by an upturn in marine activities and a drive to improve efficiency and drive down costs. RINA turnover for 2013 increased 4% to €294 million, while EBITDA was up 6% to €37.2 million. Ugo Salerno, RINA Chairman and CEO said, “Returning confidence in…
SeaKing Electrical Strikes Transatlantic Service Agreement
Merseyside based SeaKing Electrical has secured a transatlantic service agreement with a manufacturer of green technology for the maritime sector. The Birkenhead…
Less than a Year to go to the FAL Directive Deadline
The FAL Directive under which European Member States are mandated to adopt a Maritime Single Window system is less than a year away; by June 1 2015 all shipping companies, operators and port authorities must be using the Single Window for reporting. To mark the occasion, Inlecom Systems Ltd. (Inlecom), the transport and logistics research and innovation company, is offering to pilot its Intelligent Ship Reporting Gateway free of charge to ship owners, ship operators and port authorities.
Cruise Giant Increases Megaship Order
MSC Cruises has moved to increase its order of megaships from Italian shipbuilder Fincantieri to two ships, with an option for third. At a cost of AUD $3.2 billion, this investment signifies a confidence that the cruise holiday industry will only continue to strengthen. The Italian-Swiss shipping company currently operates 12 cruise liners, running numerous different sea routes simultaneously. The two new ships…
Natural Gas as Bridge Fuel
Following a recent UN report on climate change mitigation, which laid out a raft of potential changes to the global energy system, headline writers concentrated on the massive shift to renewable energy outlined in the report. Douglas Westwood points out, however, there was also a notable shift in tone on natural gas. The UN report expressly talks about the potential for clean-burning natural gas to be used as a “bridge fuel”…
ABB Turbocharging Opens Service Facility in Denmark
ABB Turbocharging announced today it will celebrate the opening of a new service facility in Fredericia, Denmark on June 12, 2014. The ceremony will also mark the…
ICOMIA Superyacht Refit Group Welcomes New Member
On Friday, June 6, 2014, German shipyard NCP-Repair Shipyard Šibenik Ltd. joined the ICOMIA Superyacht Refit Group as its 11th member. The International Council of Marine Industry Associations’ (ICOMIA) Superyacht Refit Group represents quality refit, repair and maintenance yards. Working towards maintaining and improving global superyacht quality, the Refit Group follows professional working standards and specified environmental practices.
USCG Medevacs Chief Mate from Cargo Vessel
A U.S. Coast Guard (USCG) aircrew medevaced a Russian man Sunday, who was coughing up blood and had difficulty breathing while his ship was anchored about 11 miles south of Cameron, Louisiana.
Braemar SA Opens Office in Panama
Braemar (incorporating The Salvage Association), a multi-disciplinary Marine Surveying and Technical Consultancy, has announced that it has set up a new office in Panama. “Panama has always been a strategically important location, and of course the expansion of the Panama Canal is set to change world trade patterns and open up the area to new markets,” said Richard Gayton, Regional Director, Americas. “Panama serves as a hub airport for multiple south and Central American destinations.
Bulk Carrier Assists in Dramatic Rescue of 322
Bulk Carrier, “Jupiter Bay”, managed by Synergy Group, was requested late on Friday night (2230 hrs, June 6) by the Maritime Rescue Coordination Centre in Rome, to respond to a humanitarian search and rescue operation in the Mediterranean involving a large number of people in small boats. At the time the “Jupiter Bay”, 30,153 dwt, was on passage from Tunis to Gibraltar. The Isle of Man flagged vessel’s Master, Capt.
ICS Publishes Annual Review
The International Chamber of Shipping (ICS) has published its latest Annual Review of maritime policy and regulatory developments in advance of its Annual General Meeting. The 2014 Annual Review covers the wide-ranging scope of ICS’s activities as the world’s principal international trade association for ship operators, and can now be downloaded free of charge from the ICS website. Printed copies are being distributed via ICS’s 34 member national shipowners’ associations…
Malaysia says spent $8.6 million on search for MH370
Malaysia has spent a total of 27.6 million ringgit ($8.6 million) so far on the search for the missing Malaysia Airlines Flight MH370, authorities said on Monday…
Only a Fraction of LNG Export Projects Will be Built: Shell
Only a fraction of the natural gas export projects being developed around the globe will become reality as high costs and weakening gas prices torpedo those that…
China Complains of 1,416 Vietnam Vessel Rammings
A statement on the China Foreign Ministry’s website, claims that as of 5 pm on June 7, 2014 there were as many as 63 Vietnamese vessels in the area near the Xisha…
Coast Guard's Top Enlisted & Civilians Recognized
Senior leaders at Coast Guard Headquarters in Washington formally recognized the service’s top enlisted and civilian members during the 2013 Coast Guard Persons of the Year Awards Ceremony. Vice Adm.
Paradip Port on a robust expansion mode
Paradip Port, one of the twelve major ports of India, located close to the mineral rich states on the East coast plans to add significant capacity to meet the ever increasing demand in the region.
