Marsh to Take Over as Lloydâs Register CEO
Alastair Marsh, current CFO at the Lloydâs Register Group Ltd. (LR), has been appointed as the successor to CEO Richard Sadler who has decided to step down at the end of 2015. Sadler will pass the CEO role to Marsh on October 1, 2015 and commence a formal handover period until the end of December 2015. Simon Nice, currently Group FP&A Director, will take up the role of Interim Group Financial Director during the transition.
New Cargo Inspection Facility for Massport
Passport Systems, Inc. has began construction on a non-intrusive, cargo inspection facility at the Massachusetts Port Authority (Massport), Port of Boston, Conley Container Terminal in South Boston which is designed to increase the effectiveness and efficiency of cargo screening at the Port. Passport Systems' SmartScan 3D automated cargo inspection system can detect, locate and identify contraband at ports and border crossings around the globe as well as automatically clear or confirm alarms.
LPG Coaster Shipping Market to Remain Weak in 2015
The LPG coaster shipping market continues to be plagued by excess vessel supply with rates remaining stubbornly below pre-financial crisis levels, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. âAverage 12-month LPG coaster time charter rates fell almost 15% between 2007 and 2014â, said Shresth Sharma, senior analyst, gas shipping at Drewry.
Ostebo Chosen to Head CLIA
Thomas P. Ostebo will join Cruise Lines International Association (CLIA) as the organizationâs new president and chief executive officer, effective July 6, 2015. Selected by CLIAâs global executive committee following the departure of Christine Duffy on January 31, 2015, former CLIA president and CEO, Ostebo will oversee CLIA domestic and international operations, working directly with CLIAâs senior leadership team.
Fleet Week Kicks off in New York
Three U.S. Navy ships, two U.S. Coast Guard (USCG) cutters, and four U.S. Naval Academy (USNA) Yard Patrol boats have arrived in the New York Harbor to participate in the 2015 Fleet Week New York Parade of Ships. Participating ships include the amphibious transport dock USS San Antonio (LPD 17), Arleigh Burke-class Aegis guided-missile destroyers USS Barry (DDG 52) and USS Stout (DDG 55), 703-class USNA Yard Patrol boats, and U.S.
Laborde Repowers Much of Stone Oil Fleet
In January 2014, Laborde Products sold its first Mitsubishi engine to John W. Stone Oil for the vessel John W. Stone. Since then, Laborde has supplied the Gretna, Louisiana-based oil distributor with seven more Mitsubishis, repowering half of its fleet. The John W. Stone, Olga G. Stone and Moose are now powered by a S12A2-Y2MPTK at 940 hp, while the Jennifer, Shell Fueler, Hiawatha and Custom each have a S6R-Y2MPTK at 630 hp. Stone Power utilizes a S12R-Y3MPTAW at 1,100 hp.
New Ferry Service to Long Island
A new intermodal service for the Tri-State area offers a transportation alternative linking New York City, New Jersey and Connecticut with Long Island. The new service, launched in partnership between Seastreak, the BridgeportâPort Jefferson Ferry and Hampton Jitney, uses a combination of ferries and busses to transport passengers from New York City, New Jersey and Connecticut to Long Island. Beginning May 22âŚ
Containership Reliability Reaches New High
Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight , the online schedule reliability tool provided by Drewry Supply Chain Advisors. The previous best since Drewryâs new data series started in May 2014 was achieved inâŚ
APL Introduces New Service in the Americas
APL introduced a new weekly service aimed to enhance its network coverage in the Americas. The new America Caribbean Express (ACX) service, which links Central America and U.S.
US Builder Secures Wind Farm Supply Vessel Order
Rhode Island based shipbuilder Blount Boats signed a contract with Rhode Island Fast Ferry for the construction of a crew transfer vessel (CTV) that will operate for Deepwater Wind Block Island, the shipbuilder announced today. The 21-meter aluminum vessel was designed by South Boats IOW (Isle of Wight), a company that has designed and built approximately 85 CTVs for the European Offshore Wind Sector.
Pipeline Breaks on Calif. Coast
A pipeline ruptured along the scenic California coastline on Tuesday, spilling some 21,000 gallons (79,000 liters) of oil into the ocean and on beaches before it could be secured, a U.S.
Iran to Allow UN Inspection of Yemen Aid Ship
Iran will allow the United Nations to inspect an aid shipment to Yemen, the ISNA agency quoted Deputy Foreign Minister Hossein Amir Abdollahian as saying on Wednesday.
Trafigura Fixes 6 Voyage Charters from Golar LNG
Swiss trader Trafigura has taken up to six liquefied natural gas (LNG) vessels from Norwegian shipping company Golar LNG, likely on a single-voyage basis to transport cargoesâŚ
Iran Ship to Red Sea Could spark Yemen Showdown
An Iranian cargo ship heading to Yemen is expected to cross into the Red Sea on Thursday, state news agency IRNA reported, amid fears of a showdown with Saudi-ledâŚ
Investing in Unsustainable EU Fishing is Risky
Recent changes to EU fishing and seafood legislation means that the financing of fishing operations reliant on overexploited stocks, or the use of destructive orâŚ
Damen-built Tug RT Evolution Christened
On May 18th, 2015, the Damen-built ART 80-32 Hybrid RotortugRT Evolution was named at the Greenwich Ship Tier in London during the cocktail reception of âTugnology Conferenceâ.
Ensco plc Announces Cash Dividend
Ensco plcannounced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.15 per Class A ordinary share payable on 19 June 2015.
Polar Science Gets a Boost From EU
The âŹ2 million five-year EU-PolarNet programme brings together 22 of Europeâs internationally-respected multi-disciplinary research institutions to develop and deliverâŚ
AVEVA, Aker Solutions Ink Deal for AVEVA Everything3D
Cambridge, UK: AVEVA today announced that it has entered a multiyear agreement with Aker Solutions for AVEVA Everything3D (AVEVA E3Dâ˘). The Norwegian oil serviceâŚ
MacGregor Promotes Graduate Development with University Partnership
MacGregor (GBR) Ltd has established a new relationship with Robert Gordon University in Aberdeen by providing work placements that support the career development of graduates.
