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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


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


Japan's NYK Line Warns of $1.9 bln hit to Earnings

NYK Line may book losses as shipping slump slashes asset values. Nippon Yusen, Japan's biggest shipper by sales, warned it would book a $1.9 billion hit to first-half income, after the industry's deepening slump forced it to write down the value of container ships and other assets. The shock writedown is the latest symptom of the dramatic slowdown in the container shipping sector. Weaker global trade, and in particular softer demand from China


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.


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


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


Canada to Aid Developing Nations Fight Climate Change

Prime Minister Justin Trudeau Courtesy Canada.Ca

  Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming, which he has promised will show the country is serious about tackling the issue. Canada will give C$2.65 billion ($1.98 billion) over the next five years, the newly elected Trudeau announced during a trip to Malta, where he was meeting the heads of Commonwealth countries.


COSCO Container Lines Renamed COSCO Shipping Lines

Courtesy COSCO

COSCO Container Lines Co., Ltd. has changed its company name to  COSCO Shipping Lines Co., Ltd. (“Our Company”).   Our Company changed its official company name from COSCO Container Lines Co., Ltd. to COSCO Shipping Lines Co., Ltd. on November 18, 2016.  


New Research Vessel Delivered to State of California

The innovative and efficient Incat Crowther design will ensure Sentinel will be on the job for decades (Photo: Vigor)

A new 60-foot research vessel has been delivered to the California Department of Water Resources (DWR).   The rugged and utilitarian catamaran, Sentinel, was designed by Incat Crowther and built at Vigor’s specialized aluminum fabrication facility in Seattle.  


Fincantieri's STX Bid Approved by S.Korean Court

French state holds 33 pct of STX France; acquisition could boost Fincantieri's position in cruise shipbuilding. A South Korean court approved on Tuesday Italy's Fincantieri as the preferred bidder to buy shipbuilder STX France, helping Fincantieri move closer to a deal that could boost its


Former ST Marine President Pleads Guilty to Corruption

Chang Cheow Teck, the former President of ST Marine, has pled guilty to ‎one charge under section 157(1) of the Companies Act. Chang was sentenced to a Short Detention Order of 14 days.    Change served as ST marine president from March 2008 to April 2010


ZIM Announces Upgraded Lines Structure

Pic: ZIM Integrated Shipping Services Ltd

 In order to improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing.   


TTS Worldwide is OL USA

Cargo ships entering one busiest ports in world Singapore Photo OL International Holdings

OL International Holdings LLC (OL International) today announced the renaming and rebranding of TTS Worldwide as OL USA. Effective February 1st, 2017, the change is the latest and most symbolic development in an aggressive, multi-year strategic expansion plan for OL International’s


Diana Shipping Grants Lower Price for Bulker Duo

Diana Shipping Agrees Lower Price for Bulker Duo

Diana Shipping Inc. Announces a Reduction of the Contract Price to the Shipbuilding Contracts of Two Newbuildings; Time Charter Contracts for m/v Newport News with SwissMarine and for m/v Leto and m/v Naias with Glencore Diana Shipping Inc


Long Beach Approves MSC's Bid for Hanjin Terminal

Photo: Port of Long Beach

The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co


Shanghai, Trinidad and Tobago to Host Maritime Technology Centres

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO) has announced the first two institutes selected to host regional Maritime Technology Cooperation Centres (MTCCs) under an ambitious project, funded by the EU and implemented by IMO, to help mitigate the harmful effects of climate change.  


Executive Changes at Caterpillar

Tom Pellette is appointed Caterpillar Inc.s group president of Energy & Transportation. Photo Caterpillar

Following the previous announcement that Jim Umpleby will become Caterpillar’s Chief Executive Officer on January 1, 2017, Caterpillar Inc. announced today additional changes in its executive ranks. The company’s Board of Directors has appointed current Construction Industries


Arctic Discovery Shocks Scientists

Photo: Arctic Program

 A report from the Washington Post described how high Arctic temperatures had risen by about 36 degrees Fahrenheit last month, coinciding with record-low sea ice levels.   Scientists have just discovered something int he Arctic that could totally change how they see the drastically


Wilhelmsen, Wallenius One Step Closer to Merger

Thomas Wilhelmsen, group CEO Photo Wilhelmsen

Wilhelmsen and Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off Carrier. Signing the transaction agreement is an important milestone in the merger as


ClassNK Amends Its Shipbuilding Rules

© icarmen13 / Adobe Stock

Classification society ClassNK has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships.   Requirements amended include: Amendment related to the High-strength Materials used for Intermediate Shafts (to incorporate research and development


Euroseas Sells Bulker, Adds Boxship

Photo: Euroseas Ltd

 Euroseas Ltd., Greek owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that it took delivery of the M/V RT Dagr, a 1,645 teu feeder containership built in 1998.   


Euroseas Sells Bulker, Adds Feeder

Courtesy Euroseas

Euroseas Ltd. announced today that it took delivery of the M/V RT Dagr, a 1,645 teu feeder containership built in 1998. As previously announced, the vessel was purchased by issuing 900,000 shares of the Company's common stock. The Company also announced that it agreed to sell for scrap the M/V






 
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