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.
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
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
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
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
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
Cummins Inc. and CitiCapital have reached an agreement to promote a co-sponsored marine finance program. Under the agreement customers who purchase Cummins engines for various commercial vessels will receive exclusive finance products provided by CitiCapital. This agreement demonstrates the cooperative efforts of both companies by bringing together the premier manufacturer of marine engines and the world's largest financial services conglomerate. The agreement will initially cover the U.S
Unitor ASA and BP Marine, who co-founded The Marine Alliance B.V. joint venture three years ago, have now decided to dissolve this partnership and focus individually on their respective customers’ requirements. The transition will commence early October and will be completed by 1 January 2004. After that date, Unitor and BP Marine will each provide their own customer services. Changing business needs The Marine Alliance was established to deliver improved customer services
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
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 2014 Canadian Ferry Operators Association (CFOA) annual AGM & Conference is scheduled to take place September 29-30 in Quebec City. The two-day conference will feature presentations on topics such as energy optimization and sustainability
Tuco Marine Group says that it has sold its first boat shortly after the launch of ProZero, the new range of boats for the professional market. The vessel was sold in close cooperation with Tuco's Norwegian partner Provide Maritime A/S and was commissioned by Bergen & Omland Friluftsråd
U.S. Department of Defense informs that Rolls Royce Marine North America, Walpole, Massachusetts, is being awarded a US$9,000,000 firm-fixed-price repair order (N00104-09-G-A755) for the repair of one Marine Trent 30 marine gas turbine engine for the Littoral Combat Ship (LCS) Freedom variant.
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management, a unit of Greece’s largest shipper Angelicoussis Group, according to Yonhap News.
July 2014 marked the 100th anniversary of the traveling inspection staff, originally created under the Steamboat Inspection Service. These travelers are highly experienced marine inspectors and investigators that help to measure the effectiveness of existing programs and policies.
Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal
Today in U.S. Naval History - July 30 1918 - Units of First Marine Aviation Force arrive at Brest, France 1941 - Japanese aircraft bomb USS Tutuila (PR-4) at Chungking, China; First Navy ship damaged by Axis during World War II. 1942 - Franklin D
Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device primarily for carrying out inter-field transfers. They have already found the device to be an invaluable backup method for when
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners
Burger Boat Company announced that it has received a contract for the construction of an 89-foot (27-meter) steel passenger vessel for Wendella Sightseeing Company, Chicago, Ill. Styled after other vessels in Wendella's fleet, this vessel will be used for their signature Combined Lake and River
Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean Outlet Monitoring services for Western Australia’s Water Corporation.
Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental Management and Occupational Health & Safety Systems. The ISO 9001:2008
Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of the buyer and where the two tankers are headed. The United Emblem, which is carrying more than 1 million barrels of oil
Scottish Salmon Farms has taken delivery of its latest vessel – powered by twin Doosan V158TIH main engines supplied by WaterMota. Designed by consultant naval architects AG Salmon as a multi-role vessel, Sally Ann was built by Arklow Marine Services in Ireland for Scottish Sea
Record 2014 second quarter earnings per share of $1.31 compared with $1.11 in the 2013 second quarter, which included a $0.07 benefit due to the reduction of the United earnout liability. 2014 third quarter earnings per share guidance range of $1.30 to $1.40 compared with $1