Dubai Maritime City (DMC), the world’s first purpose-built maritime centre, announced that ship repair and maintenance company Goltens carried out a ground breaking ceremony of its new office and workshop facility in DMC. The company has launched its business in the city, and laid the foundation stone for the construction of facilities dedicated to building and repairing ships. Goltens, which has a strong presence in the Middle East and across 21 locations around the globe, are under a long term Musataha ground development agreement with DMC for two plots within the DMC. The plots measuring about 23,000 square metres are leased to Goltens for a period of 25 years. “When we announced the opening of the maritime zone of the city in March of this year we were determined to develop Dubai Maritime City as part of the Strategic Plan of 2014. Today I want to emphasize that the vast collection of amenities and facilities provided by DMC to encourage business by sea is an opportunity for real growth and development of this vital sector. Infrastructure development is progressing rapidly and we see heightened interest from companies all over the world in this unique facility,” said Khamis Juma Buamim, Chairman of Drydocks World. “Goltens is recognized for its reputation as a reliable, dependable and responsive provider of a wide variety of ship repair and mechanical services
Gulfstream Services, Inc. (GSI) names Billy Marcel as Manager of Global Operations – Decommissioning Services Division. US-based Gulfstream Services, Inc. is a global corporation focused on developing high pressure equipment solutions for the international oil and gas industry. GSI has four divisions – rental tools, wireline, cementing assembly and decommissioning – in four strategic oil and gas hubs.
The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua. The sector faced "unprecedented, severe challenges" as a lack of new orders, owing to weakness in the global shipping market, had exacerbated overcapacity in the industry, Xinhua reported, citing a government document.
Trelleborg, manufacturers of products to seal and protect industrial structures in harsh environments report good performance at AGM Approximately 700 shareholders attended Trelleborg’s recent Annual General Meeting in Trelleborg . The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”. “2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances
ConocoPhillips and Bechtel Corp. have agreed to renew their collaboration of pursuing worldwide liquefied natural gas (LNG) projects. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Egypt. "The ConocoPhillips-Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our
“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital converters in a type approved Class A system,” says Stefan Karlsson, Vice President Sales and Marketing, Saab TransponderTech. “The result is a dramatic improvement in receiver sensitivity, stability and signal processing compared to our already exceptional R4 platform.”
Market opportunities are there for high-definition, 3D imaging sonar, Northstar Electronics tells shareholders, updates Echotec LOI Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar Corp., is announcing revenue opportunities within the sonar marketplace, along with an update to the LOI. As previously announced, Echotec Sonar is developing High Definition Sonar (HDS) systems which are capable of 3-D imaging for the military
Videotel and the MTNB join forces to promote good practice in on board training and to simplify the training minefield. Every industry has its training needs. However the unique operating environment within the maritime sector, particularly on board a vessel, means that new recruits can be faced with a daunting array of training requirements and options. The Merchant Navy Training Board (MNTB) has responded to this
MPI Workboats, an operator of purpose-built aluminum wind farm support catamarans, has received ZF gearboxes installed in six of its latest vessels. Designed and constructed to work in challenging environments to transport passengers in comfort and safety , the boats are less than 12 months old and supply installations in British and European waters and further afield. Andrew Wragg, Superintendent at MPI Workboats, said
Rising energy demand from Asia Pacific countries is a key factor driving the growth in regional offshore oil and gas exploration and production (E&P) activities. In response to this, The Royal Norwegian Embassy in Singapore, Innovation Norway in alliance with DNV and Norwegian Business Association (Singapore) is staging the Asia Offshore Technology Conference in Singapore. The conference will examine and draw practical conclusions about ‘The Challenges of Offshore E&P in Asia
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway DNV GL president and CEO Henrik O. Madsen was appointed as chairman of the executive board of the Research Council of Norway. The executive board is the Research Council’s highest authority
Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an LR2 or an MR2? What is the historical rate of return for these tankers? Which tanker class is the riskiest? These questions face owners
The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting. The order features four Stan Patrol 4207 vessels, one RoRo 5612 and a further three Stan Patrol 3007 vessels.
PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new
Scientists at the U.S. Naval Research Laboratory (NRL) along with Mercury Continuity (MC) have demonstrated the Tactical Reachback Extended Communications (TREC) system in the port of Miami. The NRL-developed communications technology
Two Chinese ship recycling yards have applied for inclusion of their facilities in the future EU list of Ship Recycling Facilities. The official documents for the application were presented yesterday in Brussels to Julio Burgués
Hiab, part of Cargotec, and Consorcio Industrial Puebla S.A.P.I. de C.V. (CIPSA) have signed an agreement regarding a long-term distribution partnership in the Americas region. As a part of the transaction Hiab will sell its current sales company HIAB S.A de C.V. which employs 70 persons
Maaskant Shipyards (Stellendam), part of Damen Shipyards Group, has received certification from Bureau Veritas for aligning its quality and management systems with internationally recognized standards. A certificate of approval for the ISO 9001:2008
For the 2014 business year, the Liebherr Group is currently anticipating an overall turnover of 8,866 million euros (2013: 8,964 million euros). In the area of construction machines and mining, a decline is expected. For the other areas, the 2014 figures are higher than the previous year’s
MAN Diesel & Turbo received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering Co.,Ltd. (DSME) agreeing a deal with the BW Group to build two LNG carriers. The technical engine specification complies with IMO Tier II
Jan Westerhoud, President of Europe Container Terminals (ECT), will step down and retire from the company effective January 1, 2015, the company announced today in a press release. This decision was made in consultation with main shareholder Hutchison Port Holdings Limited (HPH), ECT noted
Russia’s largest shipping company is continuing to develop its potential in the LNG transportation segment by entering into a new long-term agreement with Royal Dutch Shell. On December 16, a naming ceremony was held for the LNG carrier SCF Melampus
Scana Industrier ASA has through its subsidiary Scana Offshore Vestby, signed a letter of intent (LOI) for delivery of a FSO turret pull-in and locking system to Knutsen OAS Shipping AS / KNOT FSO1 AS. The FSO is a converted Shuttle Tanker in the Knutsen Fleet
In the coming year, the HUMMEL (bumblebee) LNG Hybrid Barge will enable Becker Marine Systems to supply low-emission power to cruise ships lying at port in Hamburg. The first container with liquefied natural gas (LNG) fuel has now arrived in the Hanseatic City.
Hempel has acquired Schaepman’s Lakfabrieken B.V, a Dutch supplier of specialized industrial, protective and decorative coatings. The acquisition is part of Hempel’s five-year growth strategy. Terms of the sale are undisclosed.