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.
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 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
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
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
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 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 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.
Lockheed Martin, Mitsubishi Electric Corporation, SAMPA Kogyo K.K. and Mitsubishi Corporation have formed a joint venture company that will serve the emerging combat system engineering and lifetime support requirements of the Japan Maritime Self-Defense Forces (JMSDF). The joint venture company, MLS Corporation, represents a full service partnership arrangement between industry and government, and leverages Japanese and U.S
ExxonMobil Marine Lubricants and the Greek Group, a collection of likeminded Greek shipping families, celebrated a 50-year business partnership this summer, representing the oil company’s longest-running supply agreement with a Marine customer organization. The Greek Group was established in 1961 when nine shipping family companies formed a fuel and lubricants purchasing group with Mobil Bunker Ltd., London. The original companies, organised as the Prometheus Group
AEGIR-Marine and On Site Alignment (OSA) signed a contract at SMM in Hamburg confirming the companies’ strategic alliance concerning stern seal and propulsion service and the alignment of propulsion shafting and bearings of seagoing vessels.
Maritime Research Institute Netherlands (MARIN) announced the formal investment of 2 million Euros in a large and fast Bull computer cluster (4000 computational cores). This supercomputer complements MARIN’s extensive model basins, simulators and full-scale monitoring tools.
BHP Billiton Sustainable Communities and Engineers Without Borders Support Students in Sustainable Development September 16, 2014 Five university students were this week given the opportunity to pursue studies in sustainable development with the support of scholarships provided by
Odyssey Marine Exploration completes current phase of SS Central America recovery; 15,500+ gold and silver coins, 45 gold bars recovered to date; 161,000-square meter, high-resolution visual site survey complete Deep-ocean exploration company Odyssey Marine Exploration, Inc
Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend the term of their Right of First Refusal Agreement by one year to March 31, 2016
4400 Harding Road Nashville, TN 37205-2290 Tel: (615) 298-8200 Email: Elizabeth@tsgnashville.com Website: www.ingrambarge.com CEO: Orrin H. Ingram The Company: Ingram Barge Company (IBCO) has been a quality marine transporter on America’s inland waterways since 1946
General Dynamics NASSCO and City of San Diego Mayor Kevin Faulconer today signaled the start of construction of five American Petroleum Tankers at a steel cutting ceremony for the first tanker, the APT-1, at the NASSCO shipyard in San Diego.
Huntington Ingalls Industries’ Ingalls Shipbuilding division has donated $89,786.90 to Bishop State Community College for the purchase of 20 welding machines and wire feeder boxes to support Ingalls’ pre-employment program at Bishop State.
Oceanteam Shipping ASA says that it has secured, through its joint venture DOT Holdings AS, an interest in a new build Offshore Support Vessel, and as a result a partnership with Pacific Radiance Ltd., subject to certain conditions subsequent, has been established.
Damen announces strategic partnership agreements with three major Ballast Water Treatment System suppliers; shipping industry to benefit from Damen Global One Stop Ballast Water Treatment Retrofit Service Damen Shipyards announced it has established three strategic partnership agreements with
Peel Ports operators of the Port of Liverpool, says it has been accredited by US Customs and Border Protection as a certified partner in the Customs-Trade Partnership Against Terrorism (C-TPAT) programme. The accreditation system validates ‘best in class’ security and detection
Kalmar, part of Cargotec, has won a significant contract to deliver container handling equipment and related automation technology worth of more than EUR 40 million to Port of Melbourne's new container terminal, operated by Victoria International Container Terminal Ltd (VICTL)
Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has appointed two new distributors as the business targets growth opportunities in Scandinavia. SCI has agreed partnerships with Danish firms Hysafe and Hytek, both part of the Hytek Group
KKR and Borealis Maritime today announced the acquisition of a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank
The Centro De Formação Maritima De Angola (CFMA) was officially launched on August 27 by top management from Sonangol, the Angolan public sector energy company and the Stena Group of Sweden. The CFMA is a world class maritime training facility