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 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 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
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 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
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
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.
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 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.
Two services will be merged into one until further notice / Reason is change in market demand / All other services remain unchanged. Members of the G6 Alliance today announced a change within their Asia - North America West Coast products in response to changes in market demand. As the G6 Alliance continues to review its product profiles, the CC1 and CC2 will be merged into a combined service until further notice with the following port rotation and effective sailings: CC1/CC2 Combo:
Cargotec is to begin restructuring at maritime software provider Interschalt, following its acquisition of the company earlier this year. The re-organisation is estimated to affect Interschalt personnel in Germany, USA (Houston) and China (Shanghai)
Nordic American Offshore Ltd. (NAO) said it will move its corporate domicile from the Republic of the Marshall Islands to Bermuda. According to NAO, the change of corporate domicile will not affect the company’s day-to-day business
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced U.S. GAAP net income of $1.4 billion, or $1.93 diluted EPS, for the third quarter of 2016 compared to U.S. GAAP net income for the third quarter of 2015 of $1.2 billion, or $1.56 diluted EPS
Hanjin’s bankruptcy leaves the proposed carrier grouping THE Alliance at a size disadvantage to both its future rivals. Might a replacement be called up? Drewry says that the container shipping industry is in a state of flux at the moment and nobody can honestly say they
The local authorities at Shenzhen port within the Pearl River Delta have now formally announced that vessels will be required to use fuel oil with a sulphur content not exceeding 0.5% m/m, or equivalent emission reduction measures from 1 October 2016.
GAC UK and Forth Logistics Marine Services (FLMS) have formed a partnership to provide mooring and related terminal services around the UK. Formed on the back of a long term contract in the River Forth with an oil major to be announced later in the year
Wärtsilä has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), both in the DJSI World and DJSI Europe indices. S&P Dow Jones Indices, one of the world's leading index providers, and RobecoSAM
Global shipping giants are now trying to fill the void left by South Korea's Hanjin Shipping. According to Nikkei, Global shipping heavyweights are rushing to open new lines on the trans-Pacific route, seeking to fill the gaps left by Hanjin.
Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division placed a 900-ton superlift into dry dock, continuing construction of the nuclear-powered aircraft carrier John F. Kennedy (CVN 79). As Kennedy begins to take shape in the dry dock
Car and truck shipper Wilh. Wilhelmsen Asa made the following remarks and announcements on it's capital markets day on Thursday: * Expects fundamentals in car/truck carrier shipping market (PCTC) to remain weak for another 2-3 years * CEO Jan Eivind Wang says capacity utilisation globally is
International participants at a high-level conference on the world's oceans pledged more than $5.3 billion for conservation and designated vast areas as protected waters, U.S. Secretary of State John Kerry said on Friday. More than 90 countries took part in the two-day conference
Tropical coral reefs lose up to two thirds of their zooplankton through ocean acidification. This is the conclusion reached by a German-Australian research team that examined two reefs with so-called carbon dioxide seeps off the coast of Papua New Guinea
It's oficial now. Danish conglomerate A.P. Moeller-Maersk A/S said Thursday it is splitting into two separate units - transport and energy businesses. Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate to generate growth
Rolls-Royce announced that Stephen Daintith has been appointed Chief Financial Officer and as an executive director of Rolls-Royce Holdings plc. Stephen will take up his new role in 2017, succeeding David Smith who will leave Rolls-Royce after three years to pursue other business interests
[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S. Coast Guard (USCG) requirements governing towing vessels that operate in U.S. inland waterways.