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
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
Platts also studies more ship transfer locations, faster trading. Oil pricing agency Platts is looking at approving more Middle East crude grades to boost liquidity in the daily assessment of Asia's Dubai benchmark, company executives said on Wednesday.
Maersk Line, the container shipping unit in the A.P. Moller-Maersk group in Copenhagen, says it will cut about 16% of its capacity on the West Central Asia-Europe trade lane. "In our continuous effort to provide our customers with an attractive and competitive West Central Asia
Yacht service, refit, repair and maintenance yard Marina Barcelona 92 (MB’92) has awarded a contract to Pearlson Shiplift Corporation (PSC) for the design and supply of a new ship lift and transfer system as part of an expansion project underway at its Barcelona shipyard.
The Israeli ocean carrier Zim Integrated Shipping Services is upgrading its Asia-Mediterranean service network, comprising the East Med-Black Sea Express, or EMX, and the Asia-India Subcontinent East Med, or AME, by adding new port calls and upsizing tonnage deployment.
Russia’s Sevmash shipyard will hold a groundbreaking ceremony for its next generation Project fifth Yasen-M multirole nuclear submarine, the Arkhangelsk, on March 19. The Yasen-class subs are touted as the most advanced nuclear-powered multipurpose underwater craft in the
AAL announced that AAL Galveston will join its fleet on long-term time charter and add capacity to its Tramp and Projects division; providing worldwide trade for customers, with a specific focus on EU and US trades. AAL Galveston is a multipurpose
Global marine terminal operator DP World today announced strong financial results from its global portfolio of marine terminals for the twelve months ended 31 December 2014. Like-for-like1 revenue grew 11.3% and adjusted EBITDA increased 16
The U.S. Coast Guard (USCG) has proposed revisions to its regulations for the licensing, construction, design, equipment and operation of deepwater ports, which are offshore fixed or floating structures, other than vessels, used as ports or terminals for the import or export of oil and natural gas
Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV. TBS will continue as manager of a series of dry bulk pools, while Heidmar will provide its pool expertise
Delta SubSea has entered into an agreement with Norwegian company Olympic Shipping AS for the Olympic Delta, a newly built Multipurpose Subsea Support & Construction Vessel. The Olympic Delta is a 94m-long green-friendly vessel designed for greatly reduced fuel consumption and
Marine eProcurement system adds new features to expand functions and enhance management reporting. iMarine Software announced today the release of SeaProcurement (SeaProc) Version 2.2, expanding the next generation in marine eProcurement systems to include contract management
China's crude imports down 23 pct in May; OPEC oil production likely to continue to exceed demand. Oil prices slipped on Monday on news of a slide in China's fuel imports and as markets digested OPEC's decision to maintain its production target
Transport Canada proposes changes to strengthen the safe transportation of dangerous goods; new reporting requirements will improve risk analysis and emergency response Canada’s Minister of Transport Lisa Raitt proposed new amendments to the Transportation of Dangerous Goods
An added 400 dockworkers to handle Port of Oakland cargo; first new hires arrive this week to help clear vessel buildup The first of 400 new dockworkers arrive this week to meet the Port of Oakland’s need for more labor, the port announced today
Yacht service, refit, repair and maintenance yard Marina Barcelona 92 (MB’92) has awarded a contract to Pearlson Shiplift Corporation (PSC) for the design and supply of a new shiplift and transfer system as part of an expansion project underway at the Barcelona shipyard.