Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets. The distribution agreement will allow KS to offer electrical automation, hybrid solutions and power management.
P/R International Offshore Services ANS (IOS), which is a 50/50 joint venture between Farstad Shipping ASA and P & O Australia has entered into an agreement to purchase a platform supply vessel, design UT 755L, from Consensus Foss KS (Det Nordenfjeldske Dampskipsselskap). The vessel is under construction at Aker Brattvaag. IOS will formally take over the vessel immediately after delivery from the yard in December 2002
Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million. This is the 18th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for primo November 2007.
K-Sea Transportation Partners has acquired the 140,000 barrel capacity double-hulled barge S/R New York and the 8,000 horsepower tugboat S/R Everett. This integrated tug barge unit, built in 2000, had been leased by SeaRiver Maritime, Inc., a subsidiary of Exxon Mobil Corporation, from a financial institution. The purchase price of $34 million was financed using available cash and $25 million in borrowings under a new term loan
According to a report from Reuters, Seoul shares edged up in volatile trade on March 8 lifted by shipbuilders and financials, but memory chip manufacturers like Samsung Electronics (005930.KS) and steelmakers underperformed. (Source: Reuters)
The first of five specialist subsea application seminars organized by Kongsberg Maritime’s subsea department starts February 28, 2013 in Copenhagen, Denmark. The free one-day seminars have been developed to enable users of Kongsberg Maritime hydroacoustic systems to speak with the experts and learn how to get the most from these state-of-the art tools. Kongsberg Maritime invites existing customers and those interested in utilizing its survey
K-Sea Transportation Partners L.P. has completed the acquisition of Smith Maritime, Ltd. of Honolulu, Hawaii and Sirius Maritime, LLC of Seattle, Wash. President and CEO Timothy J. Casey said: “We are very excited about welcoming the Smith and Sirius operating teams to K-Sea. This acquisition immediately increases our barrel-carrying capacity by 770,000 barrels, or 22% of our capacity of 3.5 million barrels at June 30, 2007
K-Sea Transportation Partners L.P. has acquired the 140,000 barrel capacity double-hulled barge S/R New York and the 8,000 horsepower tugboat S/R Everett. This integrated tug barge unit, built in 2000, had been leased by SeaRiver Maritime, Inc., a subsidiary of Exxon Mobil Corporation, from a financial institution. The purchase price of $34 million was financed using available cash and $25 million in borrowings under a new term loan
(East Brunswick, NJ) K-Sea Transportation Partners L.P. announced today that it has successfully completed the ABS HSQE certification process for all of its locations and operating divisions. K-Sea is the first U.S. flag tug and barge operator to achieve ABS HSQE certification, according to ABS. The company's management system meets the standards of the ISM Code, ISO 9001, ISO 14001 and OHSAS 18001. In addition, K-Sea continues to maintain its AWO Responsible Carrier Program certification
Maritime and logistics service provider Inchcape Shipping Services (ISS) has been appointed agent for Neptune Lines’ new Arabian Gulf short sea car transportation service in Kuwait, Iraq and Qatar. As agents for Neptune Lines in these three countries, ISS will provide full port agency, vessel husbandry and liner services, as well as vehicle documentation, on the new Arabian Gulf short sea service.
ICS Secretary General Peter Hinchliffe reaches out to the Canadian Transport Minister in a letter this week. The text of that letter follows below: Dear Minister Garneau, I am writing on behalf of the International Chamber of Shipping (ICS) which is the principal global trade
Indian Minister for Road Transport Highways & Shipping, Nitin Gadkari gave an overview of his Ministry’s achievements as well as plans for future growth. Beginning with Shipping, he informed that while ports around the world had faced losses
Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered to several bases along the Norwegian west coast by ship. Skangas will in addition deliver LNG to Statoil’s tugs at
The captain and crew of Holland America Line’s ms Veendam were honored by the Association for Rescue at Sea with a prestigious AFRAS AMVER Award for the 2015 rescue of a pilot who ditched his aircraft in the Pacific Ocean near Hawaii. The Automated Mutual Assistance Vessel Rescue System was
Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $338,000 in civil penalties. The agreements were reached with one vessel-operating common carrier and six ocean transportation intermediaries (both
The Prime Mover-Trailer Owners Workers Unity Council of Chittagong Oikya Parishad has postponed their ongoing strike till October 4 at Chittagong Port. This has ended the deadlock in goods transportation at the sea port for the time being.
Shipping industry executives say the increased security threat from cyber and data privacy breaches is the number one risk to its sector, according to a new ranking released today by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company.
COSCO Shipping Co. Ltd. (COSCOL) said it has been awarded a transportation and logistics contract signed by representatives of all parties on September 27, 2016 in Astana, Kazakhstan. Part of the work under the contract will be subcontracted to COSCOL’s Korean Partners
The world is closely watching several contentious flash points that have potential to ignite. The behavior and rhetoric of China and Russia regarding vital shipping lanes in international waters have been alarming. Disputed sovereignty claims and efforts to enforce them have the maritime
On Thursday, October 6th, 2016, Bouchard Transportation Co., Inc. President & CEO Morton S. Bouchard III was honored at the Coast Guard Foundation 36th Annual Salute to the United States Coast Guard National Awards Dinner, in New York City.
Agile Network, a provider of multi-carrier and multi-modal transportation execution technology in North America, announced it has reached an agreement for the acquisition of Pantechnik International, a leading provider of transportation execution technology in Europe and Asia.
To mark this year’s Interferry Conference in Manila, the Philippines, Damen Shipyards Group has teamed up with Netherlands Shipping Training Centre (NSTC), Managed by the international maritime education and training organisation STC-Group
As the City of San Francisco commissions its latest fireboat today, the vessel, designed by Seattle-based Jensen Maritime Consultants, exemplifies the evolution and growth of the naval architecture and marine engineering firm since it was acquired by Crowley Maritime Corp. in 2008.
Intellian Technologies announced an initial public offering of 1,450,000 common shares via the KOSDAQ, at an initial price of $17.27 per share. The initial public offering will result in roughly $26m in raised capital and a total market capitalization for the company of just below $124m
Ahead of the 70th Session of the IMO’s Marine Environment Protection Committee (MEPC), the cross-industry coalition 'SEA\LNG' has highlighted the ability of the liquefied natural gas (LNG) sector to meet the future emissions requirements of the global shipping industry.