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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


Navios Maritime Midstream Partners Announces Cash Distribution

Navios Maritime Midstream Partners L.P. announced that its Board of Directors has declared a cash distribution of $0.4225 per unit for the quarter ended December 31, 2016.   This distribution represents an annualized distribution of $1.69 per unit


Carnival, Wärtsilä Partner on Ship Performance

Carnival Dream (Photo: Wärtsilä)

Wärtsilä and Carnival Corporation & plc have signed a 12-year agreement that aims to strengthen the groups’ existing partnership and joint improvement efforts to maintain the higher levels for cruise ship safety and reliability


GasLog Partners closes public offering

Photo Gaslog

GasLog Partners LP today announced the closing of its public offering of 3,750,000 common units representing limited partner interests (the "common units").  The public offering price was $20.50 per common unit.  The net proceeds from the offering


Transas, Japan Radio Company Announce Strategic Partnership

Transas CEO Frank Coles

The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value.     Transas, the innovative, digital solutions company, and Japan Radio Company (JRC)


Wärtsilä, CSSC Ink BWMS Manufacturing Deal

New manufacturing license agreement for Ballast Water Management Systems was signed by Dr Joe Thomas, Director, Wärtsilä Marine Solutions and Mr Zou Xiubin, Director, Jiujiang Precision Photo Wartsila

Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC), based in Jiujiang, China.   The two-way agreement provides CSSC with access to technology and the


Danish Shipowners Partnership for Green Shipping

Photo: Danish Maritime Authority

The Danish Shipowners' Association, the Ministry of Environment and Food of Denmark and the Ministry of Industry, Business and Financial Affairs have concluded a partnership.   "The Danish Shipowners' Association, the Ministry of Environment and Food of Denmark and the Ministry of


Power Products Acquires Lenco Marine

Power Products, LLC has acquired Lenco Marine, a designer and manufacturer of trim tabs, actuators, hatch lifts, accessories and the AutoGlide automatic trim tab control system.    Lenco Marine will continue to operate in Stuart, Fla


Lebanese NGO “KAYANY” Bags CMA CGM Corporate Foundation 2016 Prize

Photo: CMA CGM

 On Thursday, December 22, the President of CMA CGM Corporate Foundation, Mrs. Naïla Saadé, handed over the 2016 Prize of the Corporate Foundation to Mrs. Nora Joumblatt, founder and president of the NGO “KAYANY” at CMA CGM head office in Beirut.  


DMA: Sea Service Records Go Online

Pic by Danish Maritime Authority

 Now seafarers can manage and report their seagoing service digitally, the Danish Maritime Authority (DMA) announced.   Digitalising seagoing service is the first step taken to make it easier for seafarers to apply for certificates


Gulf Navigation forms JV with Polimar Turkish

Photo: Gulf Navigation Holding

 Dubai-listed Gulf Navigation Holding has announced a partnership with Polimar Turkish Holding to grow its fleet and increase its global reach. Under the agreement, Gulf Navigation said it would be able to serve customers in major trading ports worldwide.  


FONASBA, BIMCO launch Agency Appointment Agreement

FONASBA and BIMCO have launched a new Agency Appointment Agreement document. This new form, which is based on BIMCO’s tried and tested box layout, provides a simple, clear and effective means of confirming the details of an agency agreement for an individual or short series of port calls


Seacat Set for Offshore Wind Rush

Courtesy Seacat Services

Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction   9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services


SENER to Present LNG Bunkering Vessel Design

Photo: SENER

The SENER engineering and technology group will be at the LNG BunkeringSummit 2017 to present its revolutionary design for a liquefied natural gas (LNG) bunkering vessel. The conference is taking place in Amsterdam (Netherlands), and will run from January 29 to February 1.


MISC Berhad Names New LNG Carrier Seri Cenderawasih

Official Seri Cenderawasih Photo MISC

MISC Berhad today held the naming and delivery ceremony for its new LNG carrier, Seri Cenderawasih. The 150,200 CBM liquefied natural gas (LNG) carrier is the second in a series of five MOSS-Type LNG carriers ordered from Hyundai Heavy Industries Co., Ltd. (HHI”) by MISC


Teekay Contemplates Norwegian Bond Issuance

Photo Teekay LNG

Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it intends to issue new senior unsecured bonds in the Norwegian bond market through an add-on to its existing Norwegian bonds due in October 2021 (TKLNG04 - ISIN: NO0010777089)






 
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