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.
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
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
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.
KENC Oil & Gas, specialists in the design, fabrication and supply of custom engineered equipment, will move to new, larger premises to meet growing demand from the on and offshore industries. From mid-July, KENC’s new headquarters will be at a 450m2 facility nearby the company’s existing address in Oldenzaal, the Netherlands. “This expansion is necessary thanks to the increasing number and size of engineering projects we are completing
Lifting Gear Hire (LGH), a company providing lifting and moving equipment for rent and sale, announced the addition of several new products to its equipment rental fleet. Joining the company’s rental portfolio is a 4x4x2 Gated Material Basket, as well as several new rigging rollers, including include Beam Clamp Rigging Rollers, Beam Clamp Multi-Rollers and Rack Rollers – each piece of equipment tested, inspected and certified upon request
Sparkman & Stephens (S&S), the naval architecture and brokerage firm founded by Olin Stephens and Drake Sparkman in 1929, announced that it was acquired by a group of private investors led by Brooke S. Parish and John B. Reuter. The transaction enables S&S to implement expansion
Responding to the unexpected service disruption caused by CKYHE alliance member Hanjin Shipping, which has entered rehabilitation proceedings, Evergreen Line has added new functions to its online e-commerce system. The service disruption has caused delays to Evergreen Line’s cargoes
DP World London Gateway Port has announced a new shipping service to Australia, the Mediterranean and other key markets. CMA-CGM’s NEMO (North European Mediterranean Oceania) and Hapag Lloyd’s EAX (Europe, Australia Express) combined service will begin calling at DP World
Carnival Corporation & plc has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement (MOA) to order the industry’s first new cruise ships built in China for the Chinese market. The MOA is subject to several conditions including closing of the
As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group
The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group. The seller is the Norwegian private equity fund Herkules. Harding is one of the leading suppliers of lifesaving equipment and lifecycle
Conventional wisdom in the liquefied natural gas (LNG) sector is that no new projects will be built for several years, given the vast cost can't be reconciled with the current low prices. This view has led some in the industry to predict that the market will flip back to a structural
The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.
Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. Navig8 Sirius is a 25,000 DWT stainless steel chemical tanker.
The PALFINGER Group closed the acquisition of 100 percent of the shares in Herkules Harding Holding AS, i.e. the globally operating Harding Group, supplier of lifesaving equipment and lifecycle services for maritime installations and ships.
Stolt-Nielsen buys competitor's chemical tanker operations. Deal includes 13 chemical tankers and 50 pct in 8 newbuilds. Details of the deal include: Stolt-Nielsen agrees to acquire the chemical tanker operations of Jo Tankers.
Navig8 Chemical Tankers Inc. (the “Company”) (N‐OTC: CHEMS), an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Sky, a 25,000 DWT stainless steel chemical tanker, from Kitanihon Shipbuilding Co
Congressman French Hill (AR-2) joined Mayor Mark Stodola to celebrate the official announcement of the a $6.185M TIGER grant awarded by the US Department of Transportation to the Little Rock Port Authority. The funds will be used to support the Little Rock Port Authority Growth Initiative to
Crowley Maritime Corporation announced that it is launching a new weekly fixed-day container shipping service between Jacksonville and Costa Rica. The service’s two containerships will call at the Jacksonville Port Authority’s Talleyrand Terminal
The Company: ACR Electronics, Inc. a Drew Marine Company, designs and manufactures a complete line of safety and survival products for the marine industries and various worldwide government agencies. Products include Emergency Position Indicating Radio Beacons, Personal Locator Beacons