GLOBAL MATERIALS SERVICES
American Commercial Lines LLC sold its ownership interest in Global Materials Services LLC to Mid-South Terminal Company, L.P. for $14 million cash. This transaction gives Mid-South Terminal Company, L.P., headquartered in Memphis, Tennessee, 100% control of Global Materials Services' network of 24 river-served terminals in the United States and 1 in Europe. Richard L. Huber, Chairman of ACL, said “We are pleased that we were able to transfer our interest in this operation to our partner. This transaction allows us to continue our progress toward emerging from Chapter 11 with a focus on our core business. The proceeds from this transaction will be used to pay off the remaining balance of our DIP term loan financing.”
Responding to the introduction of new materials within the structure and components of offshore units, naval vessels and specialized ships such as ultra large containerships, ABS has strengthened its technical and engineering capabilities in this area with the appointment of a global materials engineering team. The team will also provide in-field support to the society’s surveyors attending the significant growth in the number of equipment suppliers.
Danish Maritime Institute (DMI) and FORCE Technology have joined forces. The new name for the merged company will be FORCE Technology. DMI provides consultancy and know-how to the marine industry with services including: Ship and offshore model testing, numerical analysis and simulations, wind tunnel testing of ships and offshore structures, simulator based training, and development and sales of simulators In addition to using own facilities DNI undertakes several assignments for clients
Intertek will tackle the issue of mercury pollution across industries during the “International Conference on Mercury as a Global Pollutant” (ICMGP) in Edinburgh, Scotland, July 28 to August 2, 2013. Intertek will showcase expertise in detecting, monitoring and controlling mercury, supporting industries such as food, consumer products and oil and gas. Recent Harvard studies have shown that mercury is a long term problem
Spill Center, a North American leader in environmental claims management and emergency response support for transportation clients at risk for releases of hazardous materials, has expanded its program to include global cargo-carrying vessels, according to Tom Moses, president and founder of the company. V.Ships, a ship management company with a network of 18 offices worldwide, provides shipowners with a range of management and support services for oil tankers, chemical tankers
National Shipping of America (NSA), which operates a fortnightly service between Houston, Port Everglades and Puerto Rico, has partnered with Rickmers-Linie (America) to provide more global connections to Puerto Rico shippers and greatly expand break bulk service opportunities to the island. Rickmers-Linie will also serve as general sales agent for National Shipping in North America. The NSA vessel service, called the Isla Verde Express, connects the U.S
The sharply increasing raw material costs and their influence on the global economy now forces Hempel to react. The oil price has been increasing and is currently at a record high. The majority of raw materials used in the paint industry are oil related. Paint raw materials such as epoxy resins have, over the past months, increased markedly, some even as much as 30%. Due to the general positive trend in the world economy, the price of metal is also under pressure
Northrop Grumman Corporation (NYSE: NOC) has been awarded a delivery order for the fifth year of a five-year contract to provide technical, logistics and material support for navigation systems installed on U.S. Navy ships and submarines. The delivery order, valued at $15.5m, was awarded to Northrop Grumman’s Sperry Marine business unit by Naval Inventory Control Point, Mechanicsburg, Pa., under a firm fixed-price performance-based logistics (PBL) contract.
Royal Boskalis Westminster N.V. (Boskalis) has ordered a new self-propelled megacutter from IHC Merwede. This self-propelled cutter suction dredger, with a total installed power of 23,700 kW and a pump ashore capacity of 15,600 kW, is a replacement investment. The total investment amounts to around EUR 170 million and construction of the vessel is expected to take more than three years. Boskalis explain that a cutter suction dredger is a vessel that dredges while being held into
Class society a member of institute awarded funds for next-generation materials research In response to today's announcement by U.S. President Barack Obama regarding the awarding of funding under the Lightweight and Modern Metals Manufacturing Innovation Institute (LM3I) initiative to the American Lightweight Materials Manufacturing Innovation Institute (ALMMII), ABS Chairman and CEO Christopher J. Wiernicki issued the following statement:
CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville
EMS Seven Seas announces new CEO; enters into agreement to acquire Wave Shipping, a Singapore-based maritime and port agency services company. EMS Seven Seas, an international ship chandler and leader in the provision of goods to the marine, offshore and defense sectors
Australia’s Woodside has signed on Lloyd’s Register Energy to act as its global inspection provider across a number of assets.Lloyd’s won the contract to provide surveillance inspection, expediting and auditing services for the global operator for three years
In an unprecedented show of commitment for an environmental cause, DP World and Hutchison Port Holdings Limited (HPH) have joined hands to combat global warming in a Waste Reduction Campaign that will multiply the effect of their individual efforts to curb global greenhouse emissions.
Danish product tanker carrier TORM A/S and UAE-based Albwardy Marine Engineering (AME), an Albwardy-Damen JV, have signed a Service Level Agreement for diving services in the UAE region. The purpose is to further strengthen their relations and respective commercial reliability
MacGregor has secured a winch package contract from Nam Cheong Limited group, a global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia's largest offshore support vessel builder
Le Diamant B – 16, rue de la République 92922 Paris-La-Défense Cedex, France E-mail: firstname.lastname@example.org Web: www.lubmarine.com The Company: Total Lubmarine is a global business unit of the oil major Total Group specialized and dedicated to marine lubricants and
3225 Mainway Burlington, State ON Canada L9C5J8 Tel: (905) 335-1440 Email: email@example.com Website: www.thordonbearings.com President & CEO: Terry McGowan The Company: Thordon Bearings Inc. designs and manufactures a complete range of polymer bearing
Seasat A/S, the Danish communications services provider, specialized in delivering reliable broadband, television and voice services for the maritime market announces today that it has been awarded a multiyear contract with Maersk Supply Service
Caterpillar Inc. has been named to the 2014 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 13th year for Caterpillar to be included in the list since DJSI debuted in 1999.
The Coast Guard accepted delivery of the fourth National Security Cutter, Hamilton, in Pascagoula, Mississippi, Monday. Hamilton will be the first of two NSCs to be homeported in Charleston, South Carolina. The cutter will be commissioned into service Dec. 6.
Secretaria de Marina orders seventh patrol vessel and a fast crew supplier In August 2014 the Mexican Navy (Secretaría de Marina) and the Netherlands’ Damen Shipyards Group signed contracts for the delivery of the design, material package
UKHO calls on tanker owners and operators to ensure compliance with SOLAS rules on ECDIS carriage from July 1, 2015 The majority of ships in the global tanker fleet have yet to adopt ECDIS, according to data published for the first time by the United Kingdom Hydrographic Office (UKHO).
SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of supply chain assets and cargo on a global basis. LoJack SCI will exclusively offer the Contguard CMU (Cargo Monitoring Unit) service
Regional Reporting Inc. (RRI) and Global Risk Evaluations (GREvL) inform of the creation of a joint venture aimed at expanding their marine services offerings. The new company Marine Reporting International Ltd. (MRI) will combine the marine division of GREvL and RRI's UK subsidiary.