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
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
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.
Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India and the United States that promise to open a new chapter in our defense relationship and mark an important milestone in the U.S.-India strategic partnership. By finalizing the renewal of our 10-year framework for the U.S.-India Defense Relationship, we will continue to build on the growing momentum in our defense cooperation
Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class chemical tanker trade in the Baltic and North-Western European market.
FarSounder, a developer of 3D forward looking sonar systems for navigation and obstacle avoidance, announced it has entered an integration partnership with Wärtsilä SAM Electronics. The partnership will see 3D sonar data from FarSounder’s navigation systems visualized and
Saudi Aramco, the world’s leading integrated energy and chemicals company, and Hyundai Heavy Industries (HHI) Group signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in the Kingdom of Saudi Arabia.
In the quest to model real conditions faced by ships at sea for design purposes, earlier this summer Foreship unveiled details of a live project that has factored real sea states into CFD-based hull form optimization. The company reports that the results of ‘in wave’ analysis had
Press release - ClassNK and TÜV Rheinland Group have concluded a worldwide partnership agreement to expand their testing and certification services portfolio and better serve their clients. ClassNK is a nonprofit classification society with experience in certifying materials and
For connection of stainless steel and steel tubes above and below deck, VOSS Fluid provides the VOSSFormSQR tube forming system. The solution is certified for marine and offshore applications, even frequently-changing assembly personnel achieve process-reliable connections.
The need to regulate and police the maritime domain to tackle global threats is as pressing as ever, according to Phil Cable, CEO and cofounder of maritime security company MAST. “The global threats faced by the maritime environment, whether it be terrorist, pirate
China Merchants Energy Shipping, Sinotrans Shipping and Greek shipping firm Dynagas are in talks to form a joint venture to build five vessels to ship liquefied natural gas (LNG) from the Arctic, the firms said. China Merchants said in a stock exchange statement on Tuesday that its board had
In the largest delegation to date, DP World has recently sent, its very own employees to live, experience and become part of Milan Expo 2015. DP World’s delegation represented the entire company, from leaders and directors to customs specialists and ground staff; a diverse mix of
Québec Minister of International Relations and Francophonie Christine St-Pierre and Indiana Lieutenant Governor Sue Ellspermann today announced that the Province of Québec and the State of Indiana will launch a new partnership to intensify their collaboration in Great Lakes/St
The littoral combat ship USS Fort Worth (LCS 3) completed its first Cooperation Afloat Readiness And Training (CARAT) exercise with Bangladesh in the Bay of Bengal, Oct. 3. CARAT Bangladesh 2015 is a tangible representation of the continued U.S
Peter Livanos-backed Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has completed a USD 1.3 billion credit facility with fourteen international banks to finance the construction of eight 174,000 cbm newbuilds.
MSC Mediterranean Shipping Company today took delivery of the MSC Silvia, the latest of a brand new class of 9,400 TEU container ships from the leading ocean carrier. Following today’s inauguration ceremony in Shanghai, MSC Silvia will join the Empire service between the Far East and US
Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK. The visit reflects the close working relationship between Inmarsat and China
Nearly 148,000 new jobs have been generated by cargo and vessel activity at Port of Houston terminals since 2011, Port of Houston Authority Chairman Janiece Longoria announced today during the Greater Houston Partnership’s annual State of the Port event.