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Wärtsilä and V.Ships to Form Partnership

Wärtsilä and V.Ships agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Wärtsilä and V.Ships plan to offer an integrated portfolio of services that encompasses the full lifecycle of ship's machineries at competitive cost. The new partnership offering of Ship and Technical Management Services embrace technical supervision, machinery maintenance planning, conditioned based maintenance and planning, software updates, training programs, spare parts and labor, logistics and accounting for technical management. The shortage of skilled labor and the increasing complexity of ship machinery represent a challenge for the marine industry. Wärtsilä and V.Ships' partnership is an alliance that is aimed to provide skilled labor, who are continuously trained and supported by state of the art logistic and management organization.


BIW And Energy Research Corp. Form Partnership

The Advanced Technology Division of Bath Iron Works (BIW) and the Energy Research Corporation (ERC) have partnered to develop an advanced carbonate-based fuel cell energy plant for defense marine applications. The partnership is an effort to improve ship electric power generation (also known as ship hotel power), with the development of the high efficiency Direct Fuel Cell (DFC) Ship Service Fuel Cell. "The establishment of this alliance marks the beginning of a process we believe will lead


Lockheed and Blohm + Voss Form Partnership in Support of LCS

Lockheed Martin and Blohm + Voss forged an agreement to work together in providing the U.S. Navy with a Littoral Combat Ship (LCS) solution capable of meeting the stated requirements of speed, range, payload, cost, capability, survivability and supportability. The agreement, in the form of a memorandum of understanding, calls for a continuance of the relationship established between both companies for the Navy's ongoing Ship Concept Studies


Hong Kong Joins U.S. Customs CSI

Robert C. Bonner, Commissioner of the U.S. Customs Service, today announced the signing of a declaration by Hong Kong to join the Container Security Initiative (CSI), a key U.S. Customs initiative designed to prevent global sea cargo from being exploited by terrorists to inflict harm on America and other nations of the world. "I applaud the government of Hong Kong for joining the U.S. Customs Service Container Security Initiative


Hoegh LNG Partners Prices IPO

  Höegh LNG Partners LP  a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd., announced today the pricing of its initial public offering of 9,600,000 common units representing limited partner interests in the Partnership at $20.00 per unit. The Partnership has also granted the underwriters a 30-day option to purchase up to 1,440,000 additional common units. The common units being offered represent a 36


Teekay Petrojarl Contracts Damen for FPSO Upgrade

Teekay Petrojarl’s FPSO Petrojarl I (Photo: Damen)

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an EPC contract by Petrojarl I LLC for the upgrade of its FPSO Petrojarl I. The Petrojarl I is a Teekay Petrojarl managed FPSO built in 1986 which has been active in the North Sea. Its redeployment will be at the Atlanta field in Brazil.   The Petrojarl I is contracted by Queiroz Galvão Exploração e Produção (QGEP) for deployment at the Atlanta post-salt


Gulf Oil & Aegean Strategic Partnership

On Feb. 10, Aegean Marine Petroleum Network Inc. (NYSE:ANW) and Gulf Oil Marine Ltd., a member of Gulf Oil Group, announced that they entered into a strategic partnership for the global distribution of marine lubricants. This partnership will allow for Aegean to join the Sealub Alliance Network, a group recently formed by Gulf Oil Marine to distribute high-quality marine lubricants. The strategic partnership between these two companies will allow for a significant extension in Sealub


Thomas Gunn Navigation and Transas Marine Form Partnership

A Transas 24-inch ECDIS Panel PC (Photo: Transas Marine).

Thomas Gunn Navigation Services and Transas Marine Ltd. announced today a new partnership which will bring significant benefits to customers of both organisations. Thomas Gunn will now offer Transas Navi-Sailor 4000 ECDIS as part of its total navigation solution, while Transas will offer Thomas Gunn’s paper chart management service, which includes Admiralty and International HO’s paper charts and paper publications, as a part of its ECDIS package.


IMTRA Forms Partnership with Vimar

Vimar switches

IMTRA has announced  that it has entered a distribution agreement with Vimar. Effective immediately, the award-winning importer and manufacturer of high quality consumer marine products, advanced LED solutions and integrated marine systems, will be the select distributor of the Italy-based company’s products in North America. Vimar manufactures stylish and innovative electrical equipment, automation systems, switches and wall plates for marine markets and commercial construction.


Transas, XVR Simulation Form Partnership

Photo: Transas

Transas has announced its new strategic cooperation with XVR Simulation to expand their maritime training capabilities and to deploy common complex projects in the safety and security simulation market.   Transas and XVR Simulation have just entered into a Memorandum of Understanding (MoU), which was officially signed on the first day of the Transas Simulation User Conference 2016, in Singapore. The two will work close together to extend offers for existing and future customers of both


Box Shippers Form Asia-focused Ocean Alliance

Photo: CMA CGM

France's CMA CGM and China's COSCO Container Lines are to form a four-way vessel-sharing alliance with Evergreen Line and Orient Overseas Container Line focused on Asia routes, CMA CGM said on Wednesday.   Container shipping has seen route-sharing develop in response to a severe downturn in


Partnership Seeks to Boost Maritime VSAT for China

SpeedCast signs partnership MOU with Beijing Marine Communications & Navigation Company Limited to build a global maritime VSAT service for China Market   SpeedCast International Limited, a global satellite communications and network service provider


New Ocean Alliance to Challenge Market Leader

Photo: China COSCO Shipping Corp

 China COSCO Shipping Corp Ltd and three partners, including France's CMA CGM SA, announced a new shipping partnership, OCEAN Alliance, formed to challenge 2M - the world's largest container carrier alliance.   Other members of the new COSCO alliance are Taiwan-based Evergreen Line and


UltraShip Benefits from Eye-share, Logimatic Partnership

Ulla Lange, Senior Accountant at Ultraship (UltraShip)

Ship management company UltraShip is the first user of the paperless invoice processing system, SmartSCAN, in Sertica.   Eye-share has partnered with Denmark based Logimatic. The partnership forms part of Eye-share’s strategy to reach new, important customer segments


Royal IHC Bags NMDC's TSHD Contract

Royal IHC awarded contract for  TSHD Photo by NMDC

Royal IHC (IHC) and National Marine Dredging Company (NMDC) have signed a contract for the construction of the first custom-build state-of-the-art trailing suction hopper dredger (TSHD) in the Gulf area. The contract was signed at NMDC’s headquarters in Abu Dhabi


RINA Services Classifies First Ships in Iran

RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran.   This dual classification is the result of a partnership signed with the Tehran-based ACS shortly after sanctions in


RINA Services Classifies the First Ships in Iran

RINA Services SPA

 RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran.   This dual classification is the result of a partnership signed with the Tehran-based ACS shortly after


DNV GL ShipManager Enables Safety Management Reporting

ShipManager software for maritime industry Photo DNV GL

Shipping companies are increasingly gathering information from the fleet in order to improve their operations and safety performance. Without easy–to-use and data smart systems potential insights and improvements may be lost. Time-consuming reporting to various stakeholders may reduce focus


Dynagas Partners inks long-term deals for two LNG Vessels

Courtesy Dynagas Partners

Dynagas LNG Partners LP enters into new long-term time charter agreements for two of its LNG carriers and maintains current level of cash distribution following its latest drop down from its Sponsor Monaco – March 31, 2016 –Dynagas LNG Partners LP


V-Ships, Empros Team Up on Bulk Carrier Management

Image Credit V Ships

V.Ships, part of the V.Group, has entered into a partnership with Empros Lines to create a dedicated bulk carrier management cell in Greece. The cell will be staffed by the Empros’ technical team and hosted in the Piraeus office of V.Ships Greece. 


China Cosco to Form Container Alliance

Photo: China COSCO Shipping

 China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators to create a new shipping alliance, say reports in local media.  


Singtel, Inmarsat Join Forces to Boost Maritime Cyber Security

left - Mr Andrew Lim, Managing Director, Business Group, Group Enterprise at Singtel; right - Mr Ronald Spithout, President Inmarsat Maritime Courtesy  Singtel

Singapore and London, 6 April 2016: Singapore Telecommunications Limited (Singtel) and Inmarsat (LSE:ISAT.L) have entered into a strategic partnership to enhance maritime cyber security using Trustwave’s Unified Threat Management (UTM) solution.  


Stakeholders Voice Opposition to Proposed Waterway Tolls

Deb Calhoun (Photo: WCI)

A group of 75 companies and organizations have collectively voiced opposition to a Public Private Partnership (P3) project that would seek to toll the Illinois Waterway and that could make its way into the Water Resources and Development Act (WRDA) of 2016.


GAC, Far East Development Fund Team up to develop NSR

International shipping companies transiting the Northern Sea Route Photo GAC

GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners.


Collaboration on Swimming Robots for Subsea Maintenance

Statoil CTO Elisabeth Birkeland Kvalheim (left) and Eelume CEO Kristin Y. Pettersen. Photo Statoil

NTNU spin-off company Eelume collaborates with Kongsberg Maritime and Statoil to develop swimming robots for subsea inspection and light intervention. Kongsberg Maritime and Statoil have signed an agreement with Eelume, a NTNU spin-off company






 
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