The Stewart Group, an international shipbroker, has added new depth with the appointment of Michael Braid to launch its specialist subsea and renewables business. "We're delighted Michael has joined The Stewart Group team,” said Paul Love, Managing Director of The Stewart Group. “The caliber of the appointment underpins our growth strategy in the subsea and renewables sector." The Stewart Group, which has offices in Aberdeen, London, Houston, Cape Town and Ghana, is a world leader in shipbroking for the procurement of offshore support vessels, deep sea towage, salvage and ship sale/purchase services.
In an effort to continue its ever widening expansion program within the marine electronics market in both North and South America, Japan Radio Company has added key personnel to its U.S. headquarters offices, JRC North America, Seattle, Wash. Ray Carter has joined the company as national sales manager, with experience in the commercial fishing electronics industry. Carter had previously served as general manager for Yaquina Bay Marine Supply in Newport, Ore
Known as the original smallship cruise line, American Canadian Caribbean Line (ACCL), has established 25 new itineraries for the year 2000. Included in the new schedule are: Gulf Intracoastal Waterway; seven-day Belize/Barrier Reef; Chicago/Upper Mississippi; and Great Lakes/Quebec City. Able to hold between 84 and 100 passengers each, ACCL's three-vessel fleet Grande Caribe, Grande Mariner and Niagara Prince kicked off the new year in Central America and the Caribbean
Rolls-Royce has announced its intention to acquire Scandinavian Electric Holding (SEH), a supplier of system packages for diesel-electric marine propulsion systems, continuing its growth strategy in the marine market. The acquisition, from Borea Opportunity II AS, requires approval from the Norwegian competition authorities, which is expected to be completed within a few weeks. Rolls-Royce will purchase 100 per cent of the equity of SEH for cash consideration of $84m
The U.S. Environmental Protection Agency is strengthening the regulations that govern the shipping of hazardous waste for recycling between the United States and other countries. The new measures are meant to increase the level of regulatory oversight, provide stricter controls, and greater transparency. The final rule announced today aligns EPA’s hazardous waste import/export/transit shipment regulations with the procedures of the Organization for Economic Cooperation and Development
Hoover Container Solutions, provider of liquid & bulk container systems, listed as one of Houston's top 100 fastest growing companies. Houston Business Journal's "Fast 100 List" ranks the fastest-growing private companies in the Houston area by percentage of growth in revenue from 2010-2011. Hoover has experienced 30% or greater annual revenue growth for three years in a row which is a direct result of its efforts to provide greater value to its customers
BP and partners start production of oil/gas from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects. “The start-up of Skarv is a key operational milestone for BP, adding new production from one of our core higher-margin areas,” said Bob Dudley, BP group chief executive. The Skarv field is approximately 210 kilometres west of the Norwegian coast in water depths of approximately 350-450 metres
U.S. Navy awards Lockheed Martin US$57-million contract to upgrade electronic warfare (EW) ship defense system. Under this low-rate production contract for Block 2 of the Navy's Surface Electronic Warfare Improvement Program (SEWIP), Lockheed Martin will upgrade the AN/SLQ-32(V)2 system found on all U.S. aircraft carriers, cruisers, destroyers and other warships with key capabilities to determine if the electronic sensors of potential foes are stalking the ship.
Dependable Global Express, Inc. (DGX), a global ocean freight forwarder and NVOCC (non-vessel operating common carrier), and the only neutral freight consolidator serving Central and South America from the U.S. West Coast, has announced the following service enhancements: An every other week LCL (less-than-container load) consolidation service from Los Angeles to Buenaventura, Colombia. A direct, weekly LCL service to Guatemala City, Guatemala
American Cruise Lines (ACL) today confirmed it will be placing the first of four upcoming newbuilds on the Mississippi River, where it currently operates its newest riverboat, Queen of the Mississippi. The second newbuild will operate in the Pacific Northwest on the Columbia and Snake Rivers, where the line is operating the 120-passenger Queen of the West. Construction of both new riverboats is well underway at Chesapeake Shipbuilding in Salisbury, Md.
Crewtoo, an online network dedicated to seafarers, launched an online maritime jobs board. Founded by KVH Media Group, part of KVH Industries, Inc. (KVHI), Crewtoo, which says it has more than 100,000 members, is premiering the service today in Stamford, Connecticut, at Shipping 2014
Yesterday marked the christening of the U.S. Navy’s new state-of-the-art Auxiliary General Oceanographic Research (AGOR) scientific research vessel R/V Neil Armstrong (AGOR 27) at the Dakota Creek Industries shipyard in Anacortes, Washington.
A $73.2 million investment strengthens DIS’ fleet newbuilding strategy d’Amico International Shipping (DIS), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers Limited (Ireland) entered
U.S. exploration and production companies are finding accumulations of crude and condensates twice as fast as they are producing them, according to statistics published on Thursday. Proved reserves of crude stood at 30.5 billion barrels at the start of 2013.
Offshore drilling rig owners Ensco plc record revenues of US$1.3-Billion in their third quarter 2013 financial report. Highlights: Record Revenues Totaling $1.3 Billion Record Earnings of $379 Million Earnings Per Share Grew 9% $11 Billion of Contracted Revenue Backlog
Rand Logistics, Inc. announced that it has secured additional new long-term contractual business for the 2014 sailing season, totaling in excess of 250 sailing days. These contracts, a combination of new business, market share gains and organic market growth
Maritime industry executives from around the world will convene in Stamford, Conn., Sept. 30 through Oct. 2, 2014 for SHIPPINGInsight 2014. Entering its third year, SHIPPINGInsight has become established as the premier maritime industry technical forum in North America addressing practical
Anil Sethi, Managing Director of Ariel Maritime and Ariel Global Logistics welcomed a new member of their Manchester based Sales and Marketing staff: Nigel Huntington joined their Sales Team in January 2014 and will be working out of the company’s Manchester head office.
American Cruise Lines (ACL) confirms it will be placing the first of 4 upcoming newbuilds on the Mississippi River, where it currently operates its newest riverboat, 'Queen of the Mississippi'. The second newbuild will operate in the Pacific Northwest on the Columbia and Snake Rivers
Pipeline engineering specialist STATS Group said it has appointed two new directors as part of a strategy to increase its international presence in key oil and gas regions. The newly created roles see Dave Vernon promoted to Director of Isolation Services and Dale Millward promoted to Director
The Port of Hueneme’s most historic cargo year, 2013, yielded a significant economic stimulus, reporting 778 new trade related jobs, $5 million in additional taxes and an additional $90 million in Maritime related economic activity as the Port of Hueneme continues to grow as an economic
The Port’s most historic cargo year (fiscal 2013) yielded a significant economic stimulus, reporting 778 new trade related jobs, $5 million in additional taxes and an additional $90 million in Maritime related economic activity as the Port of Hueneme continues to grow as an economic engine
Reuters - Transocean Ltd, owner of the world's largest offshore drilling fleet, said it could take up to 18-24 months for demand to recover as customers delay drilling programs. Demand for offshore rigs is tapering as major oil companies trim exploration and production budgets in the face of
By Balazs Koranyi, Reuters The current slowdown in offshore oil and gas drilling will last 12 to 18 months, and the market for rigs will rebound in 2015, Maersk Drilling said, providing a more optimistic forecast than other drilling firms.
National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions