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.
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
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
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
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
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.
To obtain current safety and security zone information about major U.S. waterways and ports, call 1-800-682-1796.
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
The Ministry of Defence (MOD) has signed a £20 million contract to buy equipment for the Royal Navy's 3 new offshore patrol vessels (OPVs). The contract will enable BAE Systems to begin work on the engines & gearboxes, etc. that need to be ordered in advance.
Imtech Marine has expanded its training facilities in the Middle East with a new training center in Sharjah, United Arab Emirates. The training center, hosted by Imtech Marine’s company Radio Holland Middle East, has started with a type specific ECDIS Training Course for Navigators and
The European Parliament has passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region, informs Greenpeace. The move represents a clear break from the current positions of ‘Arctic Council’ members
NewLead Holdings Ltd. announced that it has executed definitive agreements for the acquisition of two eco-type 31,800 dwt, Handysize bulk carriers built in 2012 for a total acquisition price of $37 million. The two eco-type vessels are expected to be delivered in NewLead by the end of June and
Cobham SATCOM has appointed Paul H. Jona as its new Senior Vice President (SVP). Starting March 03, 2014 Paul will work alongside incumbent SVP Walther Thygesen. After completing seven years of service as CEO of Thrane & Thrane A/S, and since July 2012 heading up Cobham SATCOM as SVP
Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, Bibby Offshore, has further expanded its fleet by signing a charter agreement for an IRM (Inspection Repair and Maintenance) light construction vessel and adding an additional two ROVs (Remote
By Oleg Vukmanovic and Henning Gloystein, Reuters As Russia tightened its grip on Ukraine's Crimea region this month, U.S. and European Union officials were urging the Obama Administration to speed up approvals of more liquefied natural gas (LNG) export terminals.
Power and automation technology group, ABB, informs it has won three orders worth $60 million for internal and external telecommunication systems for three Statoil projects on the Norwegian Continental Shelf. The three contracts have been signed with leading shipyards in South Korea
Ocean carriers were unable to increase freight rates between the Mediterranean and North America from November to January due to continuing poor vessel utilisation and the approaching threat of P3, according to the latest edition of Drewry's Container Insight Weekly. Westbound
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design
Container ship owners Box Ships announce its financial results for the fourth quarter and year ended December 31, 2013, showing an increased EBITDA in the past year. Excerpts as follows: Adjusted EBITDA was $42.087-million in year 2012 which rose to $47.209-million in 2013.
Mermaid Marine has increased its range of JCB Dieselmax marine diesel engines. The company, based in Poole, now has eleven models available in the JCB TCAE range ranging from 55kW / 74hp to 120kW / 160hp suitable for a large variety of applications
Navico — recreational marine electronics company and parent to the Lowrance, Simrad and B&G brands — announced the addition of long-time pro-staffer Chris Meyer to its Volume Boat Builder and OEM sales team. In his new role as Key Account Manager
Crowley’s Carib Energy has been awarded a multi-year contract to supply containerized, U.S.-sourced Liquefied Natural Gas (LNG) to its first industrial customer, Coca-Cola Puerto Rico Bottlers in Cayey and Club Caribe in Cidra, both wholly owned subsidiaries of CC1 Companies, LLC.
Maritime security company Ambrey Risk, specialists in commercial shipping in the oil and gas sector inform it has now been formally awarded full certification & accreditation for ISO 28000: ISO/PAS 28007, following Lloyd’s Register Quality Assurance