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.
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
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
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
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
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:
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
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
NSL Engineering Pte. Ltd., a spreader bar manufacturers, and VeriTainer Corporation, a crane mounted maritime security solutions, are on schedule to complete manufacturing of the first RAM VeriSpreader by Q2 2009. "The development of the RAM VeriSpreader addresses NSL Engineering's significant global customer base that requires a security scanning and compliance solution for their transshipped cargo and global supply chain networks." said John Alioto, CEO of VeriTainer.
By Jesse Leon Guerrero, U.S. Navy The U.S. Navy, in partnership with the U.S. Coast Guard and civilian contractors, safely removed 49 55-gallon drums filled with hazardous materials from the grounded Japanese commercial fishing vessel Daiki Maru 7 at the Spanish Steps on Naval Base Guam (NBG)
Intertek, the global provider of quality and safety services, will address key topical issues at the NACE Corrosion 2014 conference this week. Corrosion costs $276 billion annually in the U.S. alone and is often responsible for damage, downtime and the costly replacement of vital industrial
Container truck drivers at Canada's largest port reached a new deal on Thursday, narrowly avoiding an expanded job action that would have seen some 400 unionized drivers join about 1,200 non-unionized drivers who walked off the job last week.
Dr Robin Bidwell CBE has been appointed as LOC Group chairman informs the London-headquartered international marine and engineering consultancy and survey company. LOC add that for 35 years, Dr Bidwell built and led Environmental Resources Management (ERM) the global environmental advisory firm
HS Ocean Group (HSOG ) celebrates National Apprenticeship Week by committing to long-term Apprenticeship program. The marine services specialist HSOG has launched a formal Apprenticeship training program following the successful progression of its first ever apprentices.
March 6 marks the start of a new service from Los Angeles gateway. CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced a new weekly, direct, all-water LCL (less than container load) service from the U.S
Global marine engineering consultancy LOC Group announced Dr. Robin Bidwell, CBE as its nonexecutive chairman. For 35 years, Dr. Bidwell built and led Environmental Resources Management (ERM) the global environmental advisory firm employing more than 5000 employees in over 40 countries
The U.S. Naval Research Laboratory (NRL) & the National Center for Environmental Prediction (NCEP) within the National Ocean and Atmospheric Administration (NOAA) have entered into a formal agreement that results in NCEP using Navy developed global ocean forecast model technology to make
The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the recent signing of a memorandum of understanding (MOU) reports Xinhua. The MOU was signed by the Lord Mayor of London, Fiona Woolf; the Vice President of the Investment Committee
The Liberian Registry has launched a mobile app to enable owners, managers, operators and others to communicate and interact with the registry on a round-the-clock basis. The FlagState App builds on Liberia’s commitment to provide innovative technology and services to its clients, who own
An £8 million investment in the Port of Liverpool’ animal feed warehouse facility makes it the largest of its type in the U.K., increasing capacity by 60% to 400,000sq.ft, allowing Peel Ports Group to add value to its customer supply chains and create effective logistics solutions
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an
ITC Global, a leading provider of satellite communications to remote and harsh environments announce that it has launched a new corporate brand as the final step in bringing a series of recent acquisitions together as a single global company.
By Pavel Polityuk and Maytaal Angel, Reuters Steel and grain exports continue to flow from key global supplier Ukraine via Black Sea terminals with ports operating normal schedules, despite concerns raised by the tense political backdrop, officials and traders said on Tuesday.
First Medical Group and Hawkes Associates Limited announced a strategic partnership to deliver a range of risk management and training services to energy and construction industries in Libya and globally. Based in Aberdeen Hawkes Associates Limited have provided risk management services