Hitachi Zosen Corp., a major Japanese shipbuilder, won 29 billion yen worth of orders from Bergesen D.Y. Group ASA of Norway for four 300,000-ton oil tankers. The tankers will be delivered between March 31, 2000 and January 31, 2001, a spokesman for Hitachi Zosen said. Hitachi Zosen posted a parent current loss of 17.49 billion yen for the year ended March 1999, its first current loss in 10 years, against current profit of 7.02 billion a year earlier, mainly due to losses from unprofitable overseas business.
British tidal energy company, Marine Current Turbines Ltd, announced that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively shape the commercialization process of innovative marine current power plants,” said Michael Axmann, CFO of the newly founded Solar & Hydro Division within Siemens’ Energy Sector.
Classification society ClassNK has announced that it will reorganize its Board of Directors as part of a larger corporate reorganization, effective July 1, 2011. As part of the reorganization, ClassNK’s four current Managing Directors -- Shosuke Kakubari, Koichi Fujiwara, Takuya Yoneya, and Yasushi Nakamura -- will be promoted to Executive Vice Presidents and take up positions alongside current Executive Vice Presidents Hiroshige Kitada and Toshitomo Matsui
The Maritime Administrations announced it has released its annual Compilation of Maritime Laws for fiscal year 2007. Each year since 1995, the Maritime Administration has published the laws as an essential reference for its Agency leadership and staff. The compilation is also widely used by the Members of Congress, their staffs and committees, attorneys practicing in the area of Federal Maritime Law and interested members of the general public.
Transocean Ltd. announced the following management appointments, effective immediately. Ricardo H. Rosa has been named Executive Vice President and Chief Financial Officer. Prior to being named to his current position, Mr. Rosa served as Senior Vice President and CFO. Arnaud A.Y. Bobillier has been named Executive Vice President, Operations Integrity, responsible for driving continuous improvement companywide. Before being named to his current position, Mr
Björn Ingemanson, 53, has been appointed new President of Volvo Penta. Ingemanson is currently President of Volvo Trucks’ International Division and will assume his new position on April 1, 2012, when he will succeed the current President Göran Gummeson, who will retire next year. Ingemanson has a long history at the Volvo Group and his past positions include CFO of Volvo Trucks and European head of the Group’s customer financing company, Volvo Financial Services
The 54-foot beam on the GPA-640 class PSV St. Louis contrasts with the narrower 46-foot beam on the GPA-654 class Triple Play in this image of the two vessels at Port Fouchon?s Seaport Terminal. On December 7, 2007, the fourth in a 10 boat series of GPA-654 class diesel-electric platform supply vessels for Rigdon Marine, the Slam Dunk, was delivered alongside Bollinger’s facility in Port Fourchon. At the same time the fifth and sixth of the series were taking shape at Bollinger’s Lockport
Senior Vice President Daniel Paro (60), who has played a decisive role in the development of Wärtsilä's current engine portfolio, retires on March 1, 2006. Paro was head of the Research Center in Vaasa and also Wärtsilä's entire engine development activities in the 1980s and 1990s, the period during which current successful products like the Wärtsilä 32 and Wärtsilä 46 were developed. Additionally, he has had a decisive impact on the introduction of gas and common-rail technologies in
Acquisition combines leaders in marine radar signal processing. Rutter Inc. (TSX: RUT) is pleased to announce it has acquired OceanWaveS GmbH of Lüneburg, Germany, a recognized industry leader in the development and supply of radar-based wave and surface current measurement technology. Rutter’s sigma S6 and OceanWaveS’ WaMoS are respected within the industry for discrimination of ice, oil, small targets, waves
To obtain current safety and security zone information about major U.S. waterways and ports, call 1-800-682-1796.
An investment agreement has been signed between ATP, Goldman Sachs funds and PFA to invest DKK 11 billion in DONG Energy A/S. The final closing of the transaction is conditional on the approval of the State Finance Committee of the Danish Parliament.
The Long Beach City Council voted unanimously to confirm Mayor Bob Foster’s appointment of the City’s former Chief Financial Officer (CFO) Lori Ann Farrell to the Board of Harbor Commissioners, which oversees the Port of Long Beach and the staff of the City’s Harbor Department.
AVEVA announced that BMT Defense Services Ltd (BMT) has chosen AVEVA Marine software to serve its current and future customers through improved design efficiency. BMT has selected AVEVA Marine to enable tighter integration between its hull and outfitting disciplines
The Tanker Safety Expert Panel, an independent panel appointed to review Canada's current tanker safety system and to propose measures to strengthen it, has released its report: 'A Review of Canada's Ship-Source Oil Spill Preparedness and Response Regime—Setting the Course for the Future.'
Imtech Marine and Danelec Marine, announce at the current Marintec 2013 expo in Shangai, an extension of the remote access service delivered by the Imtech Marine 24/7 GTAC, Global Technical Assistance Centre, to include data from Danelec Marine VDR (Voyage Data Recorder) systems.
The Panama Canal is experiencing a strong grain shipping season with dry bulkers registering record grain cargoes during the first two months of the current fiscal year. Based on the analysis by the Panama Canal’s Marketing Division, in October, a total of 5
Singapore's Terra Weather say that Offshore planners and asset managers will now be able to plan critical offshore activities with greater confidence and accuracy, by taking advantage of a first ever cloud-based weather planning tool that allows users to get real-time
Stanford Marine, a regional offshore marine business, announced today from its Dubai headquarters the delivery of the latest addition to its fleet. The Stanford Hawk, a 75m diesel electric platform supply vessel (PSV) is one of two sister vessels being built at the Fujian Mawei shipyard in
With new experimental facilities under construction at HR Wallingford, the foundations are in place for another two decades of successful collaboration between HR Wallingford’s Professor Richard Whitehouse and University College London’s Professor Richard Simons.
Wärtsilä's new Propulsion Test Centre has been established and funded by Wärtsilä with strong support from VTT Technical Research Centre of Finland, who will provide the resources to operate the facility. The test centre is located in Tuusula, southern Finland
Northrop Grumman Corporation has delivered the second MQ-8C Fire Scout unmanned helicopter to the U.S. Navy after completing final assembly at the company's unmanned systems center in Moss Point, Miss. The aircraft is joining the first one delivered to Naval Base Ventura County, Point Mugu, Calif
Contract signed to upgrade Collins Class Submarines Defence Minister Senator David Johnston announced the Defence Materiel Organisation has signed a multi-million dollar contract with ASC Pty Ltd to update the control management and monitoring system for the Royal Australian Navy’s
The loss of seasonal sea ice in the Arctic will have ramifications for the U.S. Navy in terms of future missions, force structure, training and investments. To get a better handle on planning for future Arctic missions, Chief of Naval Operations (CNO) Adm
VLCC rates of $60,000/day triggered a deeper dive in crude tankers, so DNB Markets (Shipping) looked into ~66,000 fixtures. With increased interest in the crude tanker segment coupled with spot rates approaching $60,000/day, DNB decided to dig deeper into alternative data sources
Rear Adm. Jon White, Oceanographer & Navigator of the Navy, Director Task Force Climate Change, was tasked by the Chief of Naval Operations (CNO) Adm. Jonathan Greenert to provide an unambiguous assessment of how ice coverage will change in the Arctic and how human activity in the