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Liebherr Group Achieves Highest Turnover in its History
World economic development was weaker in 2012 than in the previous year. Although growth was still 3.2%, the emerging marketsā rates of growth declined as well. The industrial nations continued to pursue a course between consolidation and economic stabilization. Within the Eurozone only a few countries achieved economic growth. The volume of world trade increased by 2.1%. The 2012 business year progressed well for the Liebherr Group.
MHI Engine Base Renamed "Mitsubishi Turbocharger and Engine Europe B.V."
Mitsubishi Heavy Industries, Ltd. (MHI) changed the name of its subsidiary in Almere, the Netherlands, which handles its turbocharger and engine businesses in Europe from the previous "MHI Equipment Europe B.V." to "Mitsubishi Turbocharger and Engine Europe B.V." In tandem with the changeover, the renamed company will now further accelerate activities to expand its business not only in the European market, where demand is robust, but also in newly emerging markets such as Africa.
Reef Subsea Wins Offshore W. Africa Contracts
Reef Subsea has secured two contracts for offshore operations in the West Africa region with a combined value of more than US$15-M. The firmās IMR and Construction division, based in Bergen, Norway, is working with two major oil and gas companies on the projects in The Republic of Congo and Equatorial Guinea. For both projects, Reef Subsea, which also has a presence in Aberdeen, Houston, Mandal in Norway and Surrey and Stockton-on-Tees in Englandā¦
KPI Bridge Oil Appoints Hout
KPI Bridge Oil, a leading global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Ms. Caroline Huot as Global Marine Lubricants Director. Caroline will be based in the Groupās Singapore office. Caroline Huot who is a French national has more than 17 years experience in the Marine Lubricants sector. Amongst a number of high profile positions within the Shipping and Marine lubricants industriesā¦
CapEx or Capsize: International Port Analysis
The Colliers International report, "CapEx or Capsize," underscores the idea that cities need to spend the capital to upgrade their ports, or risk "capsizing" their economies.
Swire Oilfield Services Strengthens East African Presence
Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management, is strengthening its newly established presence in Kenya, East Africa with the appointment of Dan Davies as the new commercial manager. Dan will be responsible for the commercial activity across East Africa and further developing business in Kenya, Tanzania, Uganda, Madagascar and the wider East African region.
āSilk Roadā Requires Sophisticated Counter-Piracy
As a special to Piracy Daily, Andrew Moulder discusses the international importance of the United Arab Emirates as a vital gateway for emerging markets and the importance of sophisticated counter-piracy efforts. The role of the United Arab Emirates (UAE) as the far most important regional hub for East- West ship transport offers a critical demonstration of both the scope and the need for sophistication of counter-piracy enforcement in the Gulfs of Aden and Oman.
Damen Contracted for DAFF Fleet Maintenance and Repair
The South African Department of Agriculture, Forestry and Fisheries (DAFF) assigned Damen Shipyards Cape Town (DSCT, part of Damen Shipyards Group) to get its fleet of Fisheries Research Vessels and Fisheries Protection and Surveillance Vessels operational as soon as possible. The scope of work includes repair works and ongoing maintenance. The DAFF Fleet currently consists of six vessels, including the 83m Offshore Patrol Vessel āSarah Baartmanā and the 78m Research Vessel āAfricanaā.
Furuno ECDIS Type Specific Training Available in Ukraine
Odessa Maritime Training Center in Ukraine has joined the Furuno NavSkills network. Starting from March 2013, Odessa Maritime Training Center will provide Furuno type specific ECDIS training to navigators, as a part of the Furuno NavSkills training network. Established in 1998, Odessa Maritime Training center (OMTC) is one of the leading centers in the Ukraine. During the following two years the OMTCā¦
Hempel Releases Annual Report 2012
Hempel Group reported that its revenues grew by 15% in 2012, despite facing a challenging world market, and the Group is still on track to achieve its long-term goals. The Hempel Group delivered an all-time high revenue of EUR 1,242 million in 2012. EBITDA reached a record high of EUR 126 million, an increase of 21 million compared to 2011. Net profit remained level with2011 at EUR 35 million. Pierre-Yves Jullienā¦
IHC Merwede Reveals Healthy Profit Margin
IHC Merwede has revealed a healthy net profit margin of 4.1% in 2012 and a positive sales forecast for the year ahead. The company develops and builds vessels, equipment and life-cycle support services for the dredging, mining and offshore industries, which have been performing well ā despite the global economic situation and the knock-on effect for the maritime industry. In 2012, IHC Merwede reached a revenue of ā¬895 million and a net profit of ā¬37 million.
KVH Expands Mini-VSAT Broadband Network in Brazil and Africa
In the latest stage of its ongoing expansion of the global mini-VSAT Broadband network, KVH Industries, Inc. has more than doubled the networkās capacity in the Brazilian and African regions. The ongoing global network upgrade involves deployment of Variable Coding, Spreading, and Modulation (VCSM) technology provided by ViaSat, Inc., KVHās partner in the mini-VSAT Broadband network. This is the third major capacity increase in less than five monthsā¦
SENER Opens Office in Brazil
The engineering and technology group SENER has opened an office in São Paulo, Brazil. SENER thus establishes an operating and permanent division in this Latin American country, made up of about 300 Brazilian professionals specialized in engineering and construction that will carry out projects in the fields of Power and Process, Civil engineering and Architecture, Aerospace and Marine engineering. Furthermore, SENER premises in Brazil also include an office in Rio de Janeiro.
Evergreen Line Extends Indian Ocean Network
Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean. Evergreen announce a new ISC-Mauritius-Mozambiqueā¦
Law Firm HFW Names Paul Dean New Shipping Head
London-based Holman Fenwick Willan (HFW) announce the election of Paul Dean as head of the law firm's shipping practice. Paul Dean has taken over from current head George Eddings who becomes the firm's new Managing Partner effective from 1 April 2013. Paul specialises in dispute resolution arising from marine and offshore matters, including charterparties, bills of lading, shipbuilding, collisionsā¦
Fourth Series of Offshore Vessels Joins Bourbon Fleet
A year after taking delivery of its last Bourbon 200 vessel and first Bourbon Liberty 300 vessel, Bourbon has extended its range of services with the Bourbon Liberty 151, the first vessel in a series of 15 PSVs. The first Bourbon Liberty 150 series vessel will operate for Maersk Oil and Qatar. Bourbon has been investing in a range of next generation built-in-series vessels since 2008. By the end of 2014ā¦
Nigerian Offshore Equipment Facility Taking Shape
Kaztec Engineering announced that construction of its Phase 1 Lagos factory is now underway. Kaztec, a subsidiary of the Chrome Group a leading West African oil and gas conglomerateā¦
Cal Dive Wins GoM Subsea Pipeline Contract
Cal Dive International awarded an EPIC contract by Pemex Exploración y Producción; updates Q1 2013 expectations. The contract is for the engineering, procurementā¦
London P&I Issues Warning on Bagged Rice Cargoes
The London P&I Club has advised shipowners to seek advice before loading bagged rice cargoes in view of the inherent risks associated with the trade and an increase in the severity of claims in recent years. In the latest issue of its StopLoss Bulletin, the club notes that poor freight markets have seen an increase in the number of owners employing their ships in the bagged rice trades. It says theā¦
New Hapag-Lloyd Feeder Service for Baltic Region
Hapag-Lloyd will launch its new Finland Express Service (FIX) on April 2 to improve links between the Baltic region. The feeder service will connect Russia, Finlandā¦