G & G MARINE
GS-Hydro has reached an agreement with Zamakona Yards to include its hydraulic services in the range of services offered by the Zamakona in the Canary Islands. Marking the new partnership, a presentation ceremony was held January 29 in the Las Palmas Port. In attendance were the President of the Port Authority of Las Palmas, Luis Ibarra; Zamakona Yards´ CEO in the Canary Islands, Álvaro Garaygordobil; Vice President of Business Development at the GS-Hydro Corporation, Jukka Suotsalo; General Director of Zamakona Yards in Canarias, Borja Garaygordobil; and General Director of GS-Hydro SAU, Pablo Moya who was in charge of the presentation of the services that GS-Hydro will offer now in Canarias. The agreement was signed last December in Zamakona´s offices in Las Palmas and has an initial term of two years.
Colsa Corp., Huntsville, Ala., is being awarded a $7,761,671 indefinite-delivery/ indefinite-quantity, cost-plus-fixed-fee contract to provide research, analysis, design, modification, documentation, configuration management, and engineering support services for the Data Link Test Tools (DLTT) and Gateway Systems (GS). DLTT and GS support the development, integration, and implementation of tactical data links and are used in performing interoperability testing across numerous land-based
Volvo Penta is developing the power output of its marine gasoline engines with up to an additional 20 hp. With power ratings of up to 320 hp, the upgraded gasoline engines become faster and more reliable - while at the same time beginning this year they are being delivered in the classic Volvo Penta red color. Most of Volvo Penta's 6- and 8-cylinder gasoline engines are being further developed for the 2002 model year
Diana Shipping Inc. announced that it has agreed to purchase from an unaffiliated third party, a Capesize dry bulk carrier of approximately 175,000 dwt, currently under construction by Shanghai Waigaoqiao Shipbuilding Co., Ltd. for a price of $91 million. The vessel, to be named Sideris GS, is expected to be delivered to the Company by the sellers immediately upon completion of its construction in or about December 2006.
Hyundai Heavy Industries Co. plans to bid for a $3.1b controlling stake in Daewoo Shipbuilding & Marine Engineering Co. reports said. A preliminary offer will be submitted Wednesday. The preferred bidder will be announced in September and the sale will be completed by the end of October, according to the policy lender. Hyundai Heavy will compete with Posco, GS Group and Hanwha Group for the 50.4 percent holding being sold by state-run Korea Development Bank and Korea Asset Management Corp
Aimed at everyone in the shipping industry, the Guide explains the fundamental aspects of human behaviour – 'The Human Element'. Based on a wide range of consultations with maritime organisations, the guide was produced by organisational psychologists gs partnership ltd, for consortium partners UK Maritime & Coastguard Agency, BP Shipping,Teekay Marine Services, and the Standard P&I Club. Aimed at everyone in the shipping industry
Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. on Tuesday announced terms under which they will merge next October, creating Japan's largest non-life insurer with assets of 5.7 trillion yen ($51.6 billion). In a joint statement, the companies said 1.09 Mitsui Marine shares will be allocated for one Sumitomo Marine share. The merged entity will be named Mitsui Sumitomo Insurance Co. with Mitsui Marine president Takeo Iguchi and Sumitomo Marine president
In the wake of the recent ethics scandal at Boeing1, Congress has begun to focus on the many issues that arise when government contractors hire former federal government employees. Because of Congress' involvement, government contractors are under close scrutiny when they hire such individuals, particularly those with whom the contractor had dealings prior to the offer of employment. While the "revolving door" between the federal government and private industry is controlled by the 1996
Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the "Series A preferred shares"). The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission
Petchem producers unlikely to buy due to impurities in oil. Big middle distillates yield, less naphtha, LPG; wide variance in API gravities in assays, samples. Tests on samples of the same type of U.S. condensate now heading to South Korea and Japan have raised questions about the ultra-light crude's suitability for use in Asia, sources said, making some potential buyers wary about taking the oil. The uncertainty could delay a rapid build-up in the flow of U.S
Protecting Workers, and Ensuring Safe Sailing for the Maritime Industry. The cable-laying vessel GS Global Sentinel was undergoing repair work. Shipyard workers and members of the ship’s crew found a mysteriously high hydrogen sulfide reading in a confined space on board that created a
Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro. The agreement, with an initial duration of two years, will include hydraulic services in the already extensive range of services offered by the Zamakona Yards group in the Canary Islands.
The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.
The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure are prepared to buy a 30 percent stake in Associated British Ports for about 1.6 billion pounds ($2.4 billion). Associated British Ports is Britain's leading port operator, with 21 ports in England
Unique centrifuge technology by Severn Trent enhances offshore marine solids handling Severn Trent De Nora has recently incorporated the CentraSep® vertical self-discharging (VSD) centrifuge technology from Advanced Separation Technologies (AST) into its solids handling equipment package
McDermott awarded Gulf of Mexico Spar hull installation contract for Williams Partners. McDermott International, Inc. announce that one of its subsidiaries has been awarded a contract by Williams Partners L.P. for transportation and installation services for a Spar hull in the Gulf of Mexico.
T.D. Williamson (TDW), a leading provider of pipeline equipment and services, announced that it opened its first office in Korea. This new office will enable TDW to provide customers in the region with technical solutions based upon its specialist pipeline intervention and isolation technologies
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v Sideris GS
Keppel AmFELS LLC, a wholly owned U.S. subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record.
Intelsat S.A. (formerly known as Intelsat Global Holdings S.A.) announced the pricing of its initial public offering of 19,323,672 common shares at a price of $18.00 per share and concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the
Transhield, Inc., a manufacturer of high-tech protective covers for commercial and industrial markets, announce that their patented Armordillo protective covers have successfully completed evaluation with the U.S. Navy. The evaluation of Transhield Armordillo advanced protective cover
“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce that its 2013 film “The Human Element” has been
Boat designer and manufacturer in the San Francisco Bay Area, Moose Boats, said it has delivered a M2-35 Catamaran Patrol Boat to New York City Police Department’s Harbor Unit. The 35 foot all-aluminum catamaran vessel is a sister ship to NYPD’s three existing Moose Boats M2- 35
No Alaskan crude oil has been exported outside of the United States since 2004. Genscape Vesseltracker monitoring data showed that a cargo of Alaskan North Slope crude was loaded Sept. 26 at the Alaskan port of Valdez for delivery into the South Korean refining center of Yeosu
Renold Hi-Tec Couplings, of Halifax, U.K., will debut a new range of high temperature, marine propulsion rubber-in-compression couplings on booth 3809 at the International Workboat Show in New Orleans from December 3-5, 2014. The new HTB-MP range is a second generation of couplings based on the