The Drew Marine Division of Ashland Specialty Chemical Company has elected John C. "Jack" Finnegan as manager of new business development. Finnegan, who comes to Drew Marine from Newport News Shipbuilding, will be responsible for identifying and developing new business opportunities to expand the range of products and services Drew Marine offers to the marine industry. He will also manage start-up operation and global implementation for the company's new business ventures and product lines.
Leading classification society ClassNK has released new technical rules and guidance for the survey and construction of inland waterway ships. As a result of ClassNK’s recent expansion of its global activities, in particular across South America, the number of inland waterway ships on the ClassNK register has continued to grow, accounting for 15% of all vessels classed over the past year alone. In order to support this growing market and ensure the safety of the inland
The new P-310 pilot boat developed by Response Marine is designed to meet the need for a small, fast pilot and transport boat with a low operating and start-up cost. The P-310 is a relatively deep V hull (18-degree transom) with increasingly steep mid and forward sections, designed to deliver a smooth ride. The first hull was built by Viking Welding in Kensington, NH, for use by Eastern Point Pilots, which provides pilot, transport and tow services along the northeaster coast of Massachusetts
Intergraph and the Napa Group will collaborate to improve the interfacing to integrate each other’s shipbuilding and offshore structure software solutions as well as create new capabilities. A mutual arrangement allows the companies to use existing features inherent in their software offerings. Intergraph’s SmartMarine™ Enterprise suite, including its next-generation, data-centric, rules-driven SmartMarine 3D modeling and visualization solution
Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean. Evergreen announce a new ISC-Mauritius-Mozambique-Africa (IMMA) Service linking the Indian sub-continent, Indian Ocean Islands and Mozambique will be launched in late April. Employing three 2,500 TEU vessels, the biweekly service will have its inaugural sailing from Karachi on the 22nd of April 2-13
International maritime services provider, Inchcape Shipping Services (ISS), has appointed Romi Kaushal as Executive Vice President of Operations for their Asia Pacific region. With extensive experience in operations and shore based management, Romi has worked in senior commercial and operational positions across the globe. He was also a Principal Consultant for KPMG, CEO for the Emirates Shipping Line in Hong Kong and has held shipping roles in Hamburg, New York, Dubai and Montreal
Kursiu Linija has sold a fifty percent share of its equity to Icelandic transport company Eimskip. The deal gives Kursiu Linija resources to continue its growth and develop new intra European services, and continues Eimskip’s strategy of becoming a transport leader, offering total services in the North Atlantic through a network linking key ports in Europe. Lithuania-based K ursiu Linija has an expected turnover of approximately $76.6m in 2006 compared to $58.8m in 2005
BG Global LNG appointed David Maxwell to the leadership team of the Global LNG business, according to a Chron.com report. As vice president and general manager, LNG Business Development, Maxwell will be responsible for developing new LNG opportunities in Asia Pacific for BG as well as helping to realize existing opportunities. Maxwell was with Woodside where he was director, Gas and Marketing and was involved in the development of Woodside's natural gas and LNG portfolio
Stork Technical Services held its second REACHing Out forum as the company aims to improve safety engagement with its employee community, customers and wider oil and gas industry. More than 70 business leaders and safety experts from across the UK attended the thought leadership event which was held at the Marcliffe Hotel, Aberdeen. Erik-Jan Bijvank, SVP – UK & Africa, said, “REACHing Out delivered on our key aims for the event – to engage with our peers
MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery, windlasses and mooring winches, all optimised for operations in very low temperatures. Delivery is planned to start in 2017 and continue into 2018.
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading construction equipment manufacturer, announced today it enters into an exclusive strategic alliance agreement with CNH Industrial, one of the world's largest capital goods companies
Singapore Exchange Ltd (SGX) sees the potential to develop new freight derivatives centred on active Asian shipping routes and expand the use of freight derivatives with its acquisition of London's Baltic Exchange, a senior SGX official told Reuters.
Marine ecosystems provide us with food and raw materials, they have an impact on air quality and global climate, they break down harmful substances and serve as places of recreation and tourism. The functioning of these ecosystems – and thus also the basis for human well-being –
The European Union's securities markets regulator has dropped proposals to make participants in the multi-billion dollar commodity derivatives market for freight rates disclose knowledge of loading conditions, the Baltic Exchange said.
UK Industry trade body Mersey Maritime has announced a new trade agreement with the Isle of Man Shipping Association (IOMSA) which aims to supercharge bilateral trade, particularly among small to medium sized businesses. The agreement was announced at a special reception during
2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14, 2016.
Being followed by an albatross is considered to bring good luck to mariners but the birds themselves aren’t always so lucky when trying to pick up a free feed from fishing boats. To better protect seabirds from fishing gear, AFMA has been working with the fishing industry to develop new
C. Raymond Hunt Associates, a boat design firm that continues to expand on the legacy of its founder, C. Raymond Hunt, to produce innovative boats with rugged seaworthiness, is now celebrating its 50th year. “Ray Hunt was a genius
The Korean Register (KR) – an IACS member classification society – has announced that it has significantly expanded its land-based test facilities for Ballast Water Management System (BWMS) by opening a brand new specialist facility.
The first Minerva class corvettes, decommissioned by the Italian Navy, have been converted Fincantieri has delivered today at its shipyard in Muggiano, La Spezia the first two units part of the supply contract of four Offshore Patrol Vessels (OPV), to the Bangladesh Coast Guard (BCG)
The Company: The company provides marine organizations, boat builders and equipment manufacturers with relevant subject matter expertise plus an independent overview of how this sector is rapidly changing. For OEM boat builders and equipment manufacturers
Whilst LNG has proven to be a viable option as a bunkering fuel for ships, there are still challenges to the pace of its development and demand for LNG as a fuel. One of the obstacles to the accelerated uptake is the uncertainty regarding its availability.
The Company: Located in Carmi and Fairfield, Illinois and Cocoa, Florida, Elastec manufactures water pollution control products specializing in oil spill recovery equipment. Established in 1990 with the invention of the ELASTEC Drum Skimmer, the U.S
Volvo Penta and Danish manufacturer BUKH have entered into a partnership by which Volvo Penta will supply BUKH with diesel engines of up to 16 liter capacity for new propulsion solutions for lifeboats. The agreement between the two companies enables BUKH to extend its SOLAS engine range
The design of many DP vessels dates back to a time when there was limited understanding of how to make closed bus power plants fully fault tolerant. This resulted in a number of potentially costly incidents. This poor incident record eventually led to many operators preferring to operate