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Develops New

Finnegan Joins Drew Marine As Manager

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.


ClassNK Issues New Rules for Inland Waterway Ships

Inland waterways vessel

  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


Response Marine Develops New Pilot Boat

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 to Collaborate

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 Extends Indian Ocean Network

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


ISS Appoint Romi Kaushai Asia Pacific Operations V-P

Romi Kaushai: Photo courtesy of ISS

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 Joins Forces with Eimskip

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 Appoints New VP

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 Reaches Out to Improve Safety

Photo: Stork

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


Cargotec Bags Daewoo's Deck Machinery Order

MacGregors  Combined Anchor and Mooring Winches

  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.


Rolls-Royce, VTT to Jointly Develop Smart Ships

Photo: Rolls-Royce

Rolls-Royce and VTT Technical Research Center of Finland Ltd have announced a strategic partnership to design, test and validate the first generation of remote and autonomous ships. The new partnership will combine and integrate the two company’s unique expertise to make such vessels a


Mouvex Celebrates 110 Years

Mouvex, part of PSG, a Dover company and manufacturer of positive displacement pumps, is celebrating its 110-year anniversary in 2016.    Headquartered in Auxerre, France, Mouvex was founded in 1906 by engineer André Petit when he identified the challenges that gear and lobe


India to Develop New Sea Routes and Shipping Services

Indias Minister of State for Shipping Pon. Radhakrishnan. Photo: Official Twitter Page

 The Government proposes to develop new sea routes and shipping services connecting with various countries.     These services are reviewed and restructured as per the viability study, giving due regard to the availability of cargo for a given port-pair at desired freight levels


Maersk Line to acquire Hamburg Süd

Dr. Ottmar Guest Photo Hamburg Süd Group

Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement and regulatory approvals.  Hamburg Süd is the world's seventh largest container shipping line and a


MN100: Elastec

(Photo: Elastec)

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


BUKH SOLAS Range Expanded with Volvo Penta Power

BUKH produces a range of SOLAS engines for lifeboats. (Photo: Norsafe)

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


DPS & Closing the Door on Unnecessary Risk

(Photo: DNV GL)

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


Hyundai Heavy, CNH Industrial in Mini Excavator Alliance

Photo: Hyundai Heavy Industries

 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


SGX sees Baltic buy boosting Asian freight derivatives

file image (Credit: BSM)

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.


New Helmholtz Institute for Functional Marine Biodiversity

We are delighted to be able to take our research into the impact of global change on the marine environment to the next level with the new Helmholtz Institute, says AWI director Prof. Karin Lochte.

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 –


Freight Futures Market Avoids Tougher EU Information Disclosures

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.  


Roadmap to Help Cut GHG Finalized

Photo: Danish Maritime Authority

Today, the IMO Marine Environment Protection Committee (MEPC) has agreed on a roadmap for how the shipping industry can contribute to the global efforts made to re-duce greenhouse gas emissions. The roadmap is an important step that enables the shipping industry to contribute con-structively to


Huntington Ingalls Industries to Open Australian Office

Jeff McCray (Photo: HII)

Huntington Ingalls Industries (HII) said it plans to establish a permanent presence in Australia by opening an office in Canberra.   “Establishing a permanent presence in Australia demonstrates HII’s commitment to supporting Australia and the U.S


Singapore Exchange Completes Baltic Exchange Takeover

Singapore Exchange has completed its takeover of the privately-owned Baltic Exchange, sealing an 87 million pound ($108 million) deal for one of London's oldest institutions, the groups said on Tuesday. The acquisition is one of the latest developments in a string of mergers


Indian Transportation Sector Surges Ahead

Nitin Gadkari. Photo courtesy: Official FB Page

 The Shipping and Road Transport sectors in India have together spent a total of about Rs 4 lakh crores ($60billion) in the past two and a half years as they work towards building world class highways and shipping infrastructure in the country, says the Cabinet Minister Nitin Gadkari.






 
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