PTC (Nasdaq:PMTC), The Product Development Company, and Sener announced plans to strengthen their alliance to deliver an integration between Sener’s FORAN system and PTC’s Windchill PLM software. The integration will enable Sener’s shipbuilding customers to leverage Windchill’s enterprise PLM capabilities while managing FORAN CAD data within the same PLM platform ideally suited for complex, distributed, and large-scale product development. FORAN is Sener’s integrated CAD/CAM/CAE technology solution for the complete design of commercial and naval ships and offshore units, including forms definition, naval architecture calculations, hull structure, machinery, outfitting, electrical and accommodation design and manufacturing. (www.sener.es) (www.ptc.com)
According to an August 25 report from www.wbay.com, Bay Shipbuilding notified the Wisconsin Workforce Development Tuesday it may cut a total of 405 positions. The company laid off 133 employees in the last three months, and those could become more permanent than expected with the company announcing plans for 272 more jobs cut between October 30th and December 5th. (Source: www.wbay.com)
Dutch firm Damen Shipyards Group has announced plans to buy the remaining shares it does not already own in Romanian shipyard Santierul Naval Galati and to delist it from the RASDAQ over-the-counter market. Damen reportedly offered $612,400 for 5.107 percent in the shipyard. Last March, Damen Shipyards Group bought a 51 percent stake in the shipyard from the country's main privatization agency, the FPS. Last November, it acquired a further 43.89 percent at a public tender offer.
GE Security, Inc., announced plans to submit its CommerceGuard container security solution for participation in the next phase of U.S. Customs and Border Protection (CBP) testing and evaluation of conveyance security devices (CSD). CommerceGuard is a solution for global supply chain security, currently helping to protect intermodal shipping containers while they are in-transit by adding intrusion detection to other security measures already in place in the supply chain
1883-The keeper and crew of the Smith’s Island Station, Virginia (Fifth District), saw a small schooner flying a signal near Isaac Shoal, five miles away from the station. They went out to her and found on board the captain of a sloop that wrecked the night before several miles from land. He had succeeded in swimming to a bar near the beach, where he was picked up by the crew of the schooner. Finding him suffering from exposure they signaled for assistance
President and CEO of Bouchard Transportation, Morton S. Bouchard III accepts the Admiral’s Award from Maritime College Interim President Dr. Michael A. Cappeto at the Annual Admiral’s Scholarship Dinner on Tuesday, May 6, 2014 Morton S. Bouchard III Announces Plan for the Construction of Dormitory to House Visitors to the Tug & Barge Simulation Center at SUNY Maritime College Bouchard Transportation Co., Inc
American Commercial Lines Inc. announced plans to increase wage rates for hourly production and maintenance employees at the Company’s Jeffersonville, Indiana manufacturing facility by an average of approximately 11% this year, including a more than 15% wage increase for certified welders. The Company’s proposal increases the hourly wage rate for certified welders to $19.50 per hour. This new wage plan was presented to General Drivers, Warehousemen & Helpers (Teamsters), Local Union No
Dubai Ports Authority (DPA) and the Jebel Ali Free Zone announced a joint venture with Oracle Corp. to establish the region's first e-business market. The Dubai Electronic Market (DEM) will start operating within 60 days, and would make it possible for businesses to buy, sell and compete on world markets. DPA will operate the project, while Oracle will provide the infrastructure and advanced technology. All purchase orders, confirmations
883-The keeper and crew of the Smith’s Island Station, Virginia (Fifth District), saw a small schooner flying a signal near Isaac Shoal, five miles away from the station. They went out to her and found on board the captain of a sloop that wrecked the night before several miles from land. He had succeeded in swimming to a bar near the beach, where he was picked up by the crew of the schooner. Finding him suffering from exposure they signaled for assistance
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar. E. Nikolas Tavlarios, President, commented, "We are pleased to continue to execute our growth strategy with the delivery of the Zakynthos
American River Transportation Company (ARTCO), a subsidiary of Archer Daniels Midland Company (ADM), today announced plans to launch new barge fleeting and switching operations in the Cairo, Illinois, harbor starting January 1, 2016.
DP World London Gateway and UPS today announced plans to build a new 32,000 square metre package sorting and delivery facility at the logistics site in the south east of England. At close to £120 Million, the project is one of UPS’s largest infrastructure investments outside of
Iran's oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea worthiness by potential foreign clients, despite easing of sanctions, reports Reuters.
The South Korean shipyard STX Offshore & Shipbuilding is apparently close to a bankruptcy if not yard soon find new vendors who are willing to pump huge sums into the yard. Otherwise, there is the prospect of a collapse in the first half of the 2016th.
US crude fell to a more than six-year low this week, clouding the picture for a high-yield energy sector that already faces a significant cull when credit lines are reevaluated in autumn. Lower-quality names, especially in exploration and production, are already struggling to stay afloat
The Port of Long Beach today announced plans to seek new ways to use a largely undeveloped 150-acre pier to help move cargo more efficiently as the Port continues to welcome increasing trade. With the looming closure at the end of this month of the temporary storage depot at the
BAE Systems Ship Repair Norfolk has announced plans for layoffs - 650 people will be layed off effective November 20, 2015, says company sources. This represents 43 percent reduction in workforce. The company attributed to a decrease in Navy repair work.
PortMiami Deep Dredge gives businesses the infrastructure necessary for growth The completion of the PortMiami deep dredge project, which deepens the port’s main harbor channel from 42 feet to a depth of 52 feet to accommodate Post-Panamax ships
The first three of the world’s largest and most technologically advanced Ship-to-Shore (STS) container cranes and two rail mounted cranes for the intermodal rail facility have been delivered to APM Terminals’ Lázaro Cárdenas (TEC2)
Eying a rapidly growing cruise market, Carnival Corporation announces plans to sail more ships from China The Chinese cruise market, expected to become the world’s largest based on surging demand for cruise vacations by Chinese travelers
Iran will boost its crude oil production within one week once international sanctions are lifted and is determined to regain its lost market share, senior Iranian oil officials reiterated on Monday. Iran will raise production by 500,000 barrels per day in the first week after sanctions are
With the delivery of five Rubber-Tire Gantry Cranes (RTGs) and two Ship-to-Shore (STS) gantry cranes capable of handling Ultra-Large Containerships (ULCS) of up to 16,000 TEU capacity, the new 1.3 million TEU deep-water APM Terminals Izmir facility is nearing completion in anticipation of
Singapore looks to pull ahead in the race to become Asia’s main gas hub by establishing a domestic gas trading market. Rising liquefied natural gas (LNG) supply and demand within Asia has prompted Singapore to to become a centre for energy trading.
Carnival Cruise Line has announced plans to commit two ships to the China cruise market: Carnival Miracle and Carnival Splendor. Both ships will be based in China year-round, with Carnival Miracle to begin China sailings in spring 2017 and Carnival Splendor to begin in spring
UPS announced plans to construct a new 32,000-square-meter package sorting and delivery facility at the DP World London Gateway logistics site in the south east of England. At close to $184 million, this project constitutes one of UPS’s largest infrastructure investments outside of the