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MarineCFO Unveils Commercial Release of MarineCFO

MarineCFO Inc., a provider of marine transportation solutions announced the commercial release of MarineCFO for the marine transportation industry. MarineCFO, Inc. offers industry leading solutions to the global Marine Transportation Industry. Built upon the UA Financial Management and Business Framework Software Platform, MarineCFO boasts the benefits from the expertise and experience gained in over 6,000 customer installations worldwide in most major industries.


Swift Appointed Foundation GM

Captain Peter J. Swift has been appointed as the General Manager of the Maritime Industry Foundation. He takes up his new position with effect from June 2007. Before joining the Maritime Industry Foundation, Captain Swift spent forty eight years in the maritime industry. Twenty of those years were at sea, with command experience on LNG carriers, OBOs and aframax tankers. Shore experience included marine operations and technical management positions with P & O Bulk Shipping Division


Ship Demand to Reach 31 Million DWT between 2006-2010

According to Research and Markets, which provides an in-depth study on supply-demand, competitive pattern and latest market changes in Chinas shipbuilding industry, as well as presents and analyzes the development and operating strategies, competitiveness and the prospect of major manufacturers in details, from 2006 to 2010, the total demand of ships will reach 31 million DWT, and the annual demand will be 6.2 million DWT on average


Kronodoc Oy Introduces Software Version for Marine Industry

Kronodoc Oy introduces a new software version, Kronodoc Marine. The new version is suitable for Marine Industry clients to manage their content, execute program and project management around the world. Kronodoc generates process analysis and reports in a distributed collaborative environment. The new software version adds a wide range of new functionality: Project Email Tracking Powerful Information Search Process Management, System Application Integration (Ex: CAD Viewer, CADRef)


Pakistan President Approves Strengthening Shipbuilding Industry

Pakistan President President General Pervez Musharraf said shipbuilding industry can become the country’s great asset due to its potential and would contribute to the uplift of national economy.The President was chairing a meeting of Karachi Shipyard and Engineering Works (KSEW) to review the shipbuilding industry, which was also attended by Prime Minister Shaukat Aziz. Vice Admiral Iftikhar Rao, Managing Director KSEW in his presentation informed President Musharraf that shipbuilding is


Korea's Shipbuilding Industry Update

According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding and Marine Engineering places among the top five along with Hyundai Heavy Industries and Samsung Heavy Industries. Korea's shipbuilding industry, keeps on growing. This year's ship exports are expected to exceed US$30 billion, up 13 percent from last year.


Japanese Shipyard Expected To Integrate

Three Japanese shipbuilders are expected by the end of the week to sign an agreement to integrate their operations, Reuters reported. According to the report, Kawasaki Heavy Industries Ltd., Ishikawajima-Harima Heavy Industries Co., (IHI) and Mitsui Engineering & Shipbuilding Co Ltd. are set to integrate operations in the general commercial vessel market. The combined annual revenue of the their ship businesses in fiscal 1999 totaled 308.5 billion yen, surpassing the 268


Expansion Continues at the Australian Marine Complex

The expansion of Western Australia’s shipbuilding capabilities is set to continue with the construction of two crucial common-use facilities at the Australian Marine Complex ( AMC ) at Henderson. The State Government has today called for expressions of interest to build a service and repair facility for the local super-yacht industry and a blast and paint facility at the AMC. Industry and Enterprise Minister Francis Logan said the State Government was committed to ensuring the


Dow Named VP of Public Affairs for Carnival

Tom Dow, a 28-year travel industry veteran, has been named vice president - public affairs for Miami-based Carnival Corporation & plc. In this newly created position, Dow serves as Carnival Corporation & plc's liaison to federal and state governments and local communities in North America. He also serves as Carnival Corporation & plc's representative for industry organizations such as the International Council of Cruise Lines


First Wave Marine Chosen to Participate in OSPP

First Wave Marine, Inc. announced that it has entered into the OSHA Strategic Partnership Program (OSPP) for the shipbuilding industry. First Wave qualified for the OSPP because its safety performance exceeds the industry average. In addition, the company was required to demonstrate that its safety and health program met or exceeded OSHA's requirements for the shipbuilding and ship repair industry. In an OSPP, OSHA establishes an extended


Ecoshield Wins Industry Award

Photo courtesy Hydrex

Subsea Industries, a Hydrex company, announced that its Ecoshield coating system, which offers protection from cavitation and corrosion/erosion damage for ship hulls, rudders and ship underwater running gear, has been recognized with an industry award.


US Sens. Kaine and Reed Visit Newport News Shipbuilding

Pictured with U.S. Sens. Tim Kaine and Jack Reed  in front of USS Abraham Lincoln are (left to right) Capt. Karl Thomas, the ship’s commanding officer; Todd West, director, Newport News’ RCOH program; and Chris Miner, Newport News’ vice president of in-service aircraft carrier programs. Photo by Chris Oxley, Huntington Ingalls Industries

Huntington Ingalls Industries (HII) hosted U.S. Sens. Tim Kaine (D-Va.) and Jack Reed (D-R.I.) Tuesday for a tour of the company's Newport News Shipbuilding division. The visit provided the senators an opportunity to meet shipbuilders and see construction progress being made on all programs across


New Joint Venture Targets Nuclear Industry

Cory_Navarm logo web.jpg

International maritime logistics expert Cory Logistics, part of Braemar Shipping Services plc, has formed a joint venture with universal supply chain specialist Navarm Limited to create a single source provider for a full suite of maritime and land based services for the nuclear new build industry


DNV GL Oil & Gas to Expand in Norway

Marianne Hauso

Relocates Norwegian oil and gas HQ to Stavanger, led by Marianne Hauso; to increase staff in Western Norway by 10% in 2014 DNV GL is relocating its oil and gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers, the company said


Cruise Industry Disappointed by Findings of Critical LMU Report

Cruise ship file photo CCL

New research by the UK's Leeds Metropolitan University (LMU) claims the cruise industry is ignoring its responsibility to the environments and societies it visits. The research has provoked a strong response from the Cruise Lines International Association (CLIA) according to shipping trade


McQuilling Services Industry's Spot Market Review for First Quarter

Fig1

 There’s no denying that the wave owners rode into 2014 on was a welcome way to start the new year (at least from their perspective).  Earnings in the large crude tanker segment reached levels that hadn’t been obtained in three years and in the smaller dirty segment


IMO, Bangladesh Target Improved Ship-recycling Standards

Photo: IMO

The International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh have signed a landmark agreement to work together to improve safety and environmental standards in the country’s ship-recycling industry.


BWM Convention Problems Need Solutions

The global shipping industry – represented by the International Chamber of Shipping (ICS), BIMCO, Intercargo, Intertanko, World Shipping Council (WSC), CLIA and IPTA – has voiced continuing concern about serious implementation problems associated with the IMO Ballast Water Management


Senator Landrieu Defends Jones Act

Source: wikimedia.org

The United States should strengthen a century-old law designed to protect the domestic shipping industry, rather than relax it under pressure from the energy industry, the chair of the Senate Energy Committee said on Tuesday.   The 1920 Jones Act restricts the delivery of goods between U.S


Britain Warns Scots: Independence would Hurt Energy Industry

Britain on Tuesday warned Scots that voting for independence would put jobs and investment in the Scottish energy industry at risk, threatening the commercial viability of North Sea oil and gas fields and renewable energy projects. In September Scotland will hold an referendum on whether to


The Offshore Service Vessel Dynamic Positioning Authority

In a recent study, two groups were shown the same painting; one group was told it was painted in 1905, the other was told 2005. Not surprisingly, the first group reported liking the painting more than the second, proving the human brain almost automatically equates longevity with quality. 


Energy Industry Needs Insurance Against Cyber Attacks

Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars. Willis highlighted the industry's vulnerability to cyber threats in its annual review of


CNO Addresses Payloads, Platforms at Sea-Air-Space

(U.S. Navy photo by Chief Mass Communication Specialist Peter D. Lawlor/Released)

The Navy's top admiral joined his sea service counterparts to discuss the importance of the sea services at the Sea-Air-Space Service Chief Update Panel today. Speaking to members of national and international defense industries, Chief of Naval Operations (CNO) Adm


NCS Survey Hires Goldsworthy

Simon Goldsworthy

NCS Survey, an Acteon company, has appointed Simon Goldsworthy as business development manager in its Aberdeen office. Goldsworthy will be responsible for building relationships with existing and potential clients and growing NCS Survey’s presence in the offshore industry globally


Shipping Experts Tackle Problems in Asia

SHIPPING EXPERTS CALL FOR COLLABORATION AND CONSOLIDATION.JPG

Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry.


 
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