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GLOBAL MATERIALS SERVICES

ACL Sells 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.”


ABS Strengthens Materials Capabilities

Michael Wheatcroft has been promoted to the new position of Assistant Chief Engineer for Materials and Chief Metallurgist.

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.


DMI and FORCE Technology Join Forces

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 Addresses Global Mercury Pollution

Intertek lab image.jpg

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


V.Ships Signs with Spill Center for Global Vessel Spill Support

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


NSA, Rickmers-Linie Partner for Puerto Rico Service

nsa.png

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


Hempel to Increase Prices 5 to 15%

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 - Sub Nav Contract

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.


Boskalis Orders Mega-Cutter Dredger

A large dredger: Photo Wiki CCL

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


R&M Group Merges with Sea Level Marine

l.t.r.: Thomas Grunwald (R&M USA), Darelynn Prejean, Barry Lee (Sea Level Marine)

R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources, customers will benefit from the ships’ lifecycle services and enhanced portfolio, combining Sea Level's established offerings with R&M Group's portfolio, along an expanded network of resources across the globe.   Based in Miami


Shipping, Key Ingredient of EU’s Africa Agenda

Photo: European Community Shipowners Associations

 The African economy has become one of the most promising global growth markets. Shipping is taking care of the largest part of international trade and in Africa this is even more the case due to less developed land infrastructure.   


Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

President of Dredging Operations David Simonelli Photo Great Lakes

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a


Cory Brothers Opens in Amsterdam Port

Kevin Gorman, MD Photo Cory Brothers

Cory Brothers Shipping Agency is delighted to announce the opening of Cory Brothers (The Netherlands) BV, in the port of Amsterdam, servicing the ARA range. The new company commences operations on the 1st May 2016 and compliments the groups recent office openings in Houston and Atlanta in the


Oil Price Bottoming Depends on Global Growth - IEA chief

International Energy Agency (IEA) chief Fatih Birol

International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed but that would depend on global economic growth. Asked if oil prices had reached a bottom, Birol told Reuters: "It may well be the case, but it depends on economic growth."


Canada Non-resource Exports to Surge in 2016

Canadian non-resource exports should post healthy gains this year, the country's trade financing agency said on Monday, a development the central bank is counting on to help revive an economy hobbled by weak global energy prices.   Export Development Canada predicted the consumer goods


E.R. Schiffahrt Chooses GNS ENCs Bundle

Maritime services group Global Navigation Solutions (GNS) has agreed terms with E.R. Schiffahrt, a Hamburg-based ship management company with activities in container and bulk segments, to supply Electronic Navigational Charts (ENCs) and the GNS navigation management software, Voyager.  


DP World Wins Limassol Port Contract

Photo: DP World

 DP World, one of the world's biggest port operators, and the Cypriot logistics and services company GAP Vassilopoulos Public have won two concessions to manage commercial activities at Limassol Port in Cyprus starting in January.  


KVH Dominates Global Maritime VSAT Market

Photo KVH Norwary

KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top market share position in the maritime VSAT


US Navy Awards Additional LCS Work to Austal

Austal Limited has been awarded a not-to-exceed $9,937,228 modification to a previously awarded Littoral Combat Ship (LCS) contract to provide procurement and engineering efforts in support of scope changes on fiscal 2015 and fiscal 2016 ships.  


Satlink Signs on with Fleet Xpress, FleetBroadband

Satlink Satellite Communications Ltd, a satellite communication and technical services provider, announced that it has become an Inmarsat Partner for Fleet Xpress and FleetBroadband. As part of the partnership Satlink’s solutions will be integrated with Inmarsat’s Fleet Xpress service


New Dredged Material Site Proposed in LI Sound

Long Island Sound map (Image: EPA)

The U.S. Environmental Protection Agency (EPA) has proposed to designate a dredged material disposal site to serve the eastern Long Island Sound region. The Eastern Long Island Sound Disposal Site (ELDS) would be located offshore from New London, Conn


One Business, Two Regulatory Worlds: Handling DOT and GHS Regulations

The Globally Harmonized System of Classification and Labeling of Chemicals (GHS) deadlines that went into effect on June 1 and December 1, 2015, respectively, have had a significant impact on U.S. chemical manufacturers and distributors.   


Cavotec, ABB Partner on Shore-to-ship Power

Photo: Cavotec

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions


Sellick Equipment to Open New Facility

Image: Sellick Equipment

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager, held a ground breaking ceremony for a new multimillion dollar, 120,000 square feet manufacturing plant.  


New Shipping Firm Sets up in Vancouver

A new shipping company has established itself in Vancouver as the Vancouver International Maritime Centre (VIMC) completes its Asia tour, launching in Tokyo, Singapore and Hong Kong.   Greystoke Marine Management Ltd. is the latest company to choose Vancouver for its base of operations






 
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