BP Announces 2Q 2014 Interim Dividend
On 29 July 2014, the Directors of BP p.l.c. announced that the interim dividend for the second quarter 2014 would be US$0.0975 per ordinary share (US$0.585 per ADS).
ZF Marine Makes a Strong Towboat Thrust
When German industrial manufacturing giant ZF bought Holland Rudder Propeller nearly five years ago, it was a strategic addition to its ZF Marine portfolio that is now reaping big rewards as it is enjoying strong penetration of its azimuth thruster systems in the U.S. towboat market. Maritime Reporter & Engineering News visited with Frank van der Vegt, Sales Manager, Commercial Craft Thruster Systems, at the ZF Marine Krimpen B.V. factory in The Netherlands for an update.
Genel Energy Returns Staffing to Normal in Kurdistan
Genel Energy reports that following a significant improvement in the security situation in the border region of the Kurdistan Region of Iraq ('KRI'), the Company…
MAN Diesel & Turbo, QMD Ink License Agreement at SMM
On Tuesday September 9, 2014 at Hamburg’s SMM Marine trade fair, MAN Diesel & Turbo signed a new license agreement with QMD, a member of the CSIC Group together with Dalian Marine Diesel Co., Ltd.
Sound Oil Promotes Italy MD to its Board
Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce that Luca Madeddu, Sound Oil's Italian Managing Director, has been appointed…
Kalmar Refurbishes Mobile Harbor Crane for CAPSA in Spain
Kalmar, part of Cargotec, has completed the refurbishment of a mobile harbour crane for Compañía del Puerto S.A. (CAPSA) in Spain. The work started in May 2014 and was completed in just five weeks…
General Dynamics to Club Information Systems & Technology
General Dynamics announced today that, following a comprehensive review of the structure of its Information Systems and Technology business group, General Dynamics…
CMA CGM Enters Agreements with CSCL, UASC
The CMA CGM Group announced the signature of three major agreements on the biggest worldwide maritime trades with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC).
Expanded Kelvin Hughes Product Range on Display
Kelvin Hughes is launching and demonstrating a host of new products and services at SMM 2014, including a port security radar system, specialist mission radome radar and displays, Voyage Data Recorders and the latest version of ChartCo PassageManager software. Co-exhibiting with Lammers Schiffselektronik GmbH who represent Kelvin Hughes in Germany for radar and navigation equipment sales and service.
Danelec to Supply VDRs to Transas
Transas and Danelec Marine announced that Transas has selected Danelec Marine as one of the company’s suppliers of Voyage Data Recorders (VDRs). Under the agreement…
Serdijn Ship Repair Renamed ROG Ship Repair BV
Serdijn Ship Repair has changed its name to ROG Ship Repair BV. As one of the leading ship repair companies, the yard in located in central, easy accessible and…
Holland America Line Promotes Christine Thurlow
Holland America Line has promoted Christine Thurlow to director of national accounts sales, North America, on the company’s National Accounts Sales team. Thurlow will report to Charles J.
Raytheon Anschütz Unveils New Navigation Radar
On opening day of SMM, the German navigation system manufacturer Raytheon Anschütz officially launched the newly developed NautoScan NX network radar transceivers, the centerpiece of its next generation Synapsis Radar system. The new NautoScan NX transceivers generate raw radar video, which is distributed via Gigabit LAN. Raw video distribution without any analogue losses enables optimized performance…
Spotlight on German Shipbuilding
The German shipbuilding industry has a world market share of around one percent. This is certainly in another league compared to China, South Korea and Japan, which divide the global shipbuilding pie of containerships, bulk carriers and tankers among themselves. But the German shipyards are on top in Europe. Here, around 90,000 people in the shipbuilding and supply industry are employed, and the German maritime cluster remains in strategic and symbolic importance.
Search Continues for Lost 1914 Submarine
Royal Australian Navy Minehunter, HMAS Yarra, has been undertaking an underwater search off Papua New Guinea for HMAS AE1, the Navy’s first submarine. AE1 was lost without a trace on September 14…
ABS to Class the First Very Large Ethane Carrier
ABS, a provider of classification services to the maritime and offshore industries, has been chosen to class the world's first contracted series of very large ethane carriers (VLECs).
New Cruise Terminal Design for Abu Dhabi
The concept design of Abu Dhabi’s planned permanent cruise passenger terminal is to be unveiled later this month at European cruise event, Seatrade Med 2014, from September 16-18 in Barcelona. The model is being showcased by Abu Dhabi Ports Company (ADPC) following an international design competition and extensive industry stakeholder input. An important element of the competition was the commitment to hire two leading Emirati architectural graduates…
Great Lakes Limestone Up Again in August
Shipments of limestone on the Great Lakes totaled 3.7 million tons in August, an increase of 2.8 percent compared to a year ago. Shipments bettered the month’s long-term average by almost 7 percent.
Wärtsilä’s LNGPac System: AIP Certificate SMM Presentation
The new Wärtsilä LNGPac, the upgraded version of the company's successful LNG fuel handling system, has been granted an AIP (Approval in Principle) Certificate from the classification society DNV GL.
Latest Ocean-going Shipbuilding Orders
A number of orders are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, with contracts being signed across the Dry Bulk, Tanker and Container markets.