Corporate consolidations have, in the last 10 years, effectively consumed a number of "household" brand names as efforts were made to streamline the acquirer's letterhead. In a reversal, of sorts, Northrop Grumman Corporation gave a rebirth to a well-respected name in the marine business, saying that its marine systems business unit has been renamed Sperry Marine, effective immediately. Formerly Litton Marine, this commercial and defense-related marine electronics business was acquired by Northrop Grumman in its purchase of Litton Industries Inc., last year. Sperry Marine remains a business unit of the Baltimore, Md.-based Electronic Systems sector of Northrop Grumman. George Perkins, vice president and general manager of Northrop Grumman's Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance and Naval Systems, Division said, "Sperry Marine is a highly respected brand name that is recognized throughout the marine electronics industry worldwide. Its lineage dates to 1910, when Elmer Sperry invented the first marine gyrocompass." Sperry Marine provides navigation solutions for the international marine industry under the Sperry Marine, Decca and C. Plath brand names, with customer service and support through offices in 19 countries and authorized service depots in more than 300 locations worldwide.
Digital Marine Solutions announced today it has signed a purchase agreement to acquire the marine division of Jeppesen, subject to regulatory approval. Under the terms of the agreement, the former Jeppesen Marine will operate as a separate entity with its own dedicated resources and will trade under the C-MAP brand name. Jeppesen will remain as part of The Boeing Company. Digital Marine Solutions is owned by the Altor 2003 Fund
It is a well-known fact that marine assets are unique, whether they are inland and ocean-going vessels or waterfront properties, shipyards and barge fleeting operations. Making business decisions pertaining to them, especially in today’s market, can be difficult. Consequently, North American Marine Consultants, LLC, and R.E. Perry Company have formed a strategic alliance to better assist their customers in managing their marine assets by providing knowledge-based marine surveying
To put its marine insurance experience closer to their clients, agents and brokers, the Marine insurance unit at XL Group plc (NYSE: XL) announced additional underwriting appointments further establishing its inland marine field operation. XL’s new Inland Marine Field team includes Michael Perrotti, Senior Vice President, Marine Field Operations based in Cleveland, Ken Mueller, Regional Vice President in Atlanta, and Ryan Faris, Marine Underwriter in New York
Maritime turbocharger services provider Tru-Marine Group say that Mr. Isaac Yohanan has joined as a General Manager and Director of Tru-Marine Houston LLC. The company inform that Mr. Yohanan will be responsible for Tru-Marine's business and service operation in the US and the Americas focusing on its rapidly expanding presence in the marine and off-shore energy markets in North, South and Central America offering scheduled overhauls
GE Marine’s LM6000 aeroderivative marine gas turbine PC and PG models have received Lloyd’s Register’s Design Appraisal Document to the Marine Naval Vessel Rules (NVR). According to Ge, the fuel-efficient LM6000 simple-cycle gas turbine delivers over 40% thermal efficiency. The GE LM6000PC marine produces 42 megawatts (MW)/59,900 shaft horsepower (shp) and the more powerful PG model has an output of 52 MW/70,275 shp.
Marine Drilling Cos. Inc. announced it tendered its Marine 700 semi-submersible drilling rig to Esso Exploration Inc. for acceptance under their five-year contract, but Esso rejected it in the belief the unit was not ready. Marine Drilling and Esso, a unit of Exxon Corp., are currently holding discussions in an attempt to resolve issues associated with these recent developments. Marine Drilling believed it would meet its July 15 contract deadline
KPI Bridge Oil, a leading global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Ms. Caroline Huot as Global Marine Lubricants Director. Caroline will be based in the Group’s Singapore office. Caroline Huot who is a French national has more than 17 years experience in the Marine Lubricants sector. Amongst a number of high profile positions within the Shipping and Marine lubricants industries
Supplier of marine air conditioning and sanitation equipment Dometic Marine has announced the promotion of Dennis Chiang to Asia Pacific Marine Divisional Manager. Singapore-based Chiang has been with Dometic Marine for just longer than two years as Regional Marine OE & AM Sales Manager for Asia Pacific, and has been working with Dometic products for the past ten years. Air conditioning, toilet, refrigeration and galley specialist Dometic Marine is targeting rapid growth in the Asia
Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, says it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets as follows: Grand Bahamas Shipyard Hyde Marine is partnering with Grand Bahama Shipyard (GBS) for installation of the Hyde GUARDIAN Gold BWTS, for vessels docking at the yard.
The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System. The firm owns and operates eight facilities in the Midwest and has about 200 employees
The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets
Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends, but strong growth in earnings. Kongsberg had operating revenues of 4.13 billion Norwegian crowns ($502
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market. The gas carrier owner reported profit before and after tax of minus $ 5
The Company: Founded in 1979, Reintjes GmbH is an independent propulsion technology company that manufactures thousands of gearboxes annually. More than 90,000 units have been supplied to customers worldwide. Over time, Reintjes has expanded its product portfolio of marine gearboxes for engine
The Company: All American Marine Inc. was founded in 1987 and specializes in the construction of custom tailored aluminum boats from 30 to 150 feet LOA. Today, the company has become a leading builder of high speed passenger catamarans, survey craft, and research vessels
Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties. The Request for Additional Information (RFAI) effectively stops the clock on the agreement until such time as the filing parties
The Company: Founded in 1992, UA Business Solutions was a pioneer in the field of Enterprise Resource Planning (ERP) and an early Microsoft Partner. The ERP evolution into the maritime industry found UA developing industry specific solutions for marine clients
Naval architect and marine engineering company Foreship has created a wholly-owned subsidiary located in Tallinn to strengthen ties with shipowners, shipyards and marine equipment suppliers in Estonia, and support the development of locally-based design skills.
Danish producer Tuco Marine said it will reveal a new Arctic workboat daughter craft at next month’s SMM in Hamburg. Many arctic patrol vessels, icebrakers and polar research vessels are currently under development and construction worldwide
The Company: Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions, McDonough forged his company, expanding from the Ohio River to the Gulf of Mexico and eventually to the East Coast
Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,150 exhibitors from 67 countries, presenting their most innovative products and services
There is growing concern regarding the environmental impact and associated costs of petroleum based fluid discharges. Petroleum is persistent and toxic. It damages living organisms including plants, animals and marine life for many years. While many believe that the bulk of this environmental
The Company: R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement, ensuring that customers have quality, reliability
A 97.5m truss-legged liftboat designed by A. K. Suda (SUDA) has been completed and is being delivered to its owner, following on the heels of a 91.5m truss leg liftboat delivered earlier this year. Built by Triyards Marine for Swissco Offshore