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
Exxon Mobil Corporation announced the success of two wells drilled during 2000 in the Crazy Horse Exploration Unit, located in the Gulf of Mexico approximately 125 miles southeast of New Orleans. The wells confirmed Crazy Horse to be a world-class discovery and development opportunity. ExxonMobil owns 25 percent interest in the Crazy Horse Unit with BP (operator) owning 75 percent. The Crazy Horse appraisal well, drilled in Mississippi Canyon Block 822
Saltwater is the ever-present, costly enemy of Navy ships – a major cause of corrosion. A new weapon in the anti-corrosion arsenal, Sherwin-Williams Polysiloxane XLE-80 HAPS Free, was showcased at Mega Rust 2011, held June 6-9 in Norfolk, Va. A Navy project using the coating was reported on during the presentation, “Time & Cost Savings Associated with the Application of MIL-PRF-24635 Type V Polysiloxane to the Freeboard of the USS Bonhomme Richard (LHD-6)
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.
Container, bulk and tankship owners, Samudera Shipping Line, presents its 2012 financial report with the chairman's letter to shareholders. The following is extracted from Mr. Masli Mulia's letter to stakeholders: "The financial year ended December 31
Dana Gas, a regional private sector natural gas company in the Middle East, announced a successful bid in the Egyptian Natural Gas Holding Company 2012 International Bid Round that took place on April 18, 2013. The Company has also been prequalified as a non-operator in Lebanon’s first
Chet Morrison Contractors hired industry veteran Metin Gezer as Vice President of Land Construction Services. Gezer is one of several recent leadership additions who will provide support and infrastructure to foster the growth of the company’s construction services for both onshore and
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of the vessel type that will bring ice management and pollution control in thick first year ice to a new level.
Wärtsilä extends X-series portfolio to a 92-bore electronically-controlled low-speed engine with large, ultra-large container ships in mind Wärtsilä extends its offering in the low-speed X-generation engine series with the new Wärtsilä X92 engine
“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital converters in a type approved Class A system,” says Stefan Karlsson, Vice President Sales and Marketing
International classification society Bureau Veritas has put in place a completely new IT-based certification and ship status system. It is aimed at reducing the workload of shipowners and operators and simplifying access to ship information and status.
National Ocean Industries Association (NOIA) formally informs House Natural Resources Committee of its support of HR 6082 National Ocean Industries Association (NOIA) President Randall Luthi has sent the following letter to House Natural Resources Committee Chairman Doc Hastings in
Sweden's Cavotec Group strengthens customer base with acquisition of ground support equipment manufacturer Combibox, also of Sweden. Cavotec explains their success at generating added value for customers and the Group by applying technologies perfected for airports to port applications for
Signal invests $40m in Orange, TX shipyard; Building ATBs currently for Kirby Ocean Tranporation Co. A ubiquitous presence in the Gulf of Mexico ship construction and repair market is Mobile, Ala.-based Signal International, a Marine and Fabrication company which employs about 1800 in its four
The Global Container Service Group (GCS) has added new feeder and short-sea links to the list of services calling at the NUTEP terminal in Novorossiysk. Both GCS and NUTEP are members of the Delo Group. X-Press Feeders X-Press Feeders has launched the BSX service to Novorossiysk
Ongoing Expansion Supports Growing Number of Yachting and Oil and Gas Industry Customers in Southern Florida, the Caribbean, Mexico, and Central America. Staying ahead of the bandwidth demands for its rapidly growing customer base, KVH Industries, Inc
IMO inform that regulations to improve the energy efficiency of international shipping entered into force 1, January 2013. The EEDI is a non-prescriptive, performance-based mechanism that leaves the choice of technologies to use in a specific ship design to the industry
FKAB has secured a contract for the design of a 2,400m³ trailing suction hopper dredger (TSHD). The concept design was developed by the Ministry of Transportation and Communication’s Kaoshing Harbor bureau, which will own and operate the vessels
In the latest stage of its ongoing expansion of the global mini-VSAT Broadband network, KVH Industries, Inc. has more than doubled the network’s capacity in the Brazilian and African regions. The ongoing global network upgrade involves deployment of Variable Coding, Spreading