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Announces Changes

Universal Silencer Now Universal

On December 8, 2009 at the International Power Generation Conference, Universal Silencer announced changing its name to Universal. Universal’s President, Randy Eppli, said, “Over the past 5 years we have seen an ever increasing demand from our customers to help them be more environmentally conscious and meet higher air quality standards for exhaust emissions. This demand from our customers and the marketplace has driven the development of our core technologies within engine, blower, fan, compressor and vent acoustics and emissions. Therefore, the name Universal Silencer communicates only a part of our capabilities.” Eppli continued, “The name change also helps support our mission of providing clean, quiet technology for the world’s energy needs.” (www.universalAET.com)


Chemoil Marketing Group Announces Changes

Chemoil announced that Nick Ganas from its San Francisco Marketing Group will move to Singapore as of November 20th, 2006. Nick will join Cem Saral’s marketing group at Chemoil International Pte Ltd Singapore as Sales Manager for Asia. Cem Saral will be promoted to Sales and Marketing Director for Asia. Joining Chemoil Corporations’s Marketing Group in San Francisco will be Stuart Colie. Stuart joins us from APM Terminals


HORNBECK-LEEVAC Changes Name

HORNBECK-LEEVAC Marine Services, Inc. announced that it has changed its name to Hornbeck Offshore Services, Inc. The new corporate name was approved at the company's recent annual meeting of stockholders. The name of the tug and tank barge owning subsidiary, LEEVAC Marine, LLC, has also been changed to Hornbeck Offshore Transportation, LLC. The name changes are effective immediately. Todd M. Hornbeck, President and CEO remarked


USCG Announces Changes to Civil Penalty Policies

The Coast Guard has expanded the scope of the Notice of Violation (NOV) program, building upon the success of the existing program in place since 1995. The NOV program is an expedited civil penalty assessment process that allows parties to pay the proposed penalty without further administrative process. The Coast Guard has also recently announced that it will be adjusting its fines and other civil monetary penalties for inflation


Change Recruitment Achieves MLC Standard

Change Recruitment Group announced that it is the first independent recruitment company in the U.K. to achieve the quality status which is gained by receiving a Declaration of Conformity to the Maritime Labor Convention. The Maritime Labor Convention (MLC) 2006 came into force August 20, 2013, and has led to greater employment protection for the majority of the world’s seafarers and Change International, the global division of Change Recruitment Group


Key Leadership Changes at Hydroid

Christopher von Alt (left) and Duane Fotheringham

Hydroid, Inc., a subsidiary of Kongsberg Maritime, today announced changes in its leadership team. Christopher von Alt, one of the company’s founders and primary forces in its extraordinary growth since its inception in 2001, has elected to resign from his current position as president, effective January 1, 2014. Hydroid’s board of directors has selected Duane Fotheringham, Hydroid’s vice president of operations, as his successor


WQIS Introduces Policy Form 2007

Government regulations, environmental changes and an increasingly difficult business climate make it impossible to keep doing business as usual. Recognizing the need for change, the Water Quality Insurance Syndicate (WQIS) has created its 2007 Policy Form. The overall policy has been simplified by including and clarifying several endorsements while the coverage itself has been expanded, making it the most flexible and complete insurance coverage for today’s marine industry.


Maine Maritime Academy Restructures Loeb-Sullivan School

Dr. John Barlow, vice president for academic affairs and academic dean at Maine Maritime Academy (MMA), has announced that the college's Loeb-Sullivan School of International Business and Logistics has been restructured. The Loeb-Sullivan School offers graduate and undergraduate degrees in business. According to Barlow, the restructuring is intended primarily for administrative efficiency so as to position the graduate division of the business school as a global


Death Knell for NOAA Traditional Paper Nautical Charts

Chartwork old-style: Photo courtesy of NOAA

NOAA’s Office of Coast Survey has announced major changes ahead for mariners and others who use nautical charts. Starting April 13, 2014, the federal government will no longer print traditional lithographic (paper) nautical charts .  NOAA will continue to provide other forms of nautical charts, including Print-on-Demand paper charts as well as electronic and digital formats. Since 1862, those lithographic nautical charts -- available in marine shops and other stores -- have been


Chevron Scraps 2015 Share Repurchase Program

Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices.   The company's shares extended loses on the news, falling nearly 4 to $99 after being down 2.6 percent before the buyback halt was announced.   "Given the change in market conditions, we are suspending our share repurchase program for 2015," Chevron CFO Pat Yarrington told investors on a conference call.    


Transport Ministers Summit Kicks off in Germany

Key topics of this year’s summit will be centered on transport and climate change as a milestone to the COP 21 climate change conference in December 2015.   The Annual Summit of transport ministers from around the world will take place in Leipzig, Germany from May 27-29, 2015


Conrad Announces Management Team Changes

Conrad Industries, Inc. announced the appointment of Scott J. Theriot as Executive Vice President and Chief Operating Officer.   Johnny Conrad, President and Chief Executive Officer, said, “Scott has been in the shipyard business since 1976 in various positions spending the majority


Navios in Red, but Beats Estimates

Picture: Navios Maritime Holdings

 Navios Maritime Holdings, vertically integrated seaborne shipping and Logistics Company, slumped to a loss in the Q1 although the result beat by $0.10 per share the average estimate of analysts who had forecast red ink for the dry bulk company.  


US Senators Want a Stop to Arctic Drilling

Photo: Greenpeace Finland

 Eighteen U. S. senators have urged the Obama’s administration to halt Shell’s Arctic drilling plans saying that it is an unacceptable and irresponsible decision, says a report in Reuters.   Oregon’s Senator Jeff Merkley, joined by seventeen other Senators


‘Old Ironsides’ to Undergo 3-year Restoration

USS Constitution’s victories at sea during the War of 1812 inspired a nation and helped mark the emergence of the United States as a world-class maritime power

USS Constitution, ‘Old Ironsides’, will enter dry dock May 18 for a nearly three year restoration with most of the work being done below the waterline and the bow area. The timeline of events leading up to the ship’s dry docking can be found below


IMO Dodges Marshall Islands Plea for CO2 Target

Emissions from shipping. Photo courtesy: HZG

 The International Maritime Organisation (IMO) has dodged a decision on the setting of a new global target for reducing greenhouse gas emissions from international shipping, proposed by the Marshall Islands.   The environmental lobby group Transport & Environment (T&E)


BMT’s Fleet Management System to Debut at Nor-Shipping

Photo: BMT SMART

BMT SMART Ltd., the specialist fleet and vessel performance management company of BMT Group, will launch its new SMARTFLEET Management system at Nor-Shipping in Oslo next month. Technical experts will be on hand to showcase the system and its capabilities whilst discussing with delegates their


LNG Carrier for Osaka Gas Named LNG Mars

The LNG Venus, a sister ship to the LNG Mars

  Mitsui O.S.K. Lines, Ltd. today announced that the naming ceremony for a newbuilding LNG carrier for Osaka Gas Co., Ltd. was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. The vessel was ordered by MOL and Osaka Gas International Transport, Inc


Challenges Ahead for Marine Insurance

Dieter Berg, president of the International Union of Marine Insurance. Photo by IUMI

 The marine insurance sector is undergoing a rapid period of change and it is critical that insurers understand the risks the industry is facing and offer products that match these new trends, Dieter Berg, president of the International Union of Marine Insurance (IUMI) said.  


RINA Launches Engineers Development Programme

RINA Emblem

  The Royal Institution of Naval Architects (RINA) is delighted to announce the first of a portfolio of soft skills courses tailored to the needs of engineers called Effective Presentations and Networking which will take place on July 29th 2015 at RINA headquarters in London.


RV Polarstern Sets Course for Spitsbergen

RV Polarstern

  On Tuesday, 19 May 2015 the research icebreaker Polarstern will leave its home port in Bremerhaven, setting a course for the Arctic. Led by Dr Ilka Peeken from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) a team of 53 researchers from 11 countries will


Oceans HQ, Gibraltar Registry, Partner on STCW Requirements

André Tanguy (Photo: Oceans HQ)

Maritime software solutions provider Oceans HQ Ltd has announced a partnership with the Gibraltar Ship Registry (part of the Gibraltar Maritime Administration), ahead of new STCW requirements for online access to seafarer certification data which come into force in 2017.


Investing in Unsustainable EU Fishing is Risky

Why Smart Investors Must Avoid Unsustainable Seafood Operations

  Recent changes to EU fishing and seafood legislation means that the financing of fishing operations reliant on overexploited stocks, or the use of destructive or unselective methods will prove a high risk to investors, Greenpeace warned today.


LPG Coaster Shipping Market to Remain Weak in 2015

Freight Rates (Source: Drewrys LPG Forecaster)

The LPG coaster shipping market continues to be plagued by excess vessel supply with rates remaining stubbornly below pre-financial crisis levels, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.


How Do You Lose 100 Million Barrels of Oil?

Oil-market watchers are struggling to reconcile the large estimated oversupply in the market with the much smaller buildup of reported inventories and narrowing contango in futures prices.   Some blame the barrel counters who compile official statistics on supply, demand and stocks






 
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