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Group Announces

Man-Made Island Proposed for LNG Terminal

Atlantic Sea Island Group, announced that they have received notification from the United States Coast Guard that their application to create an LNG deepwater terminal on a 60.5 acres constructed island 13.5 approximate miles south of Long Beach, Long Island, has been deemed "complete" and allows the regulatory, oversight and review process to continue pursuant to federal regulations. Far from population centers and outside of vital shipping lanes, Safe Harbor Energy will have the capacity to deliver 2 billion cubic feet of natural gas each day to 65 million consumers, ending the area's dependence on natural gas shipped up from the Gulf Coast some 1,200 miles away.


VT Chairman Outlines Venture with BAE Systems

In a statement provided with the company's Preliminary Results , VT Group's chairman Michael Jeffries gave an indication of how the new shipbuilding venture between his company and BAE Systems would be structured. He said "We announced in December 2006 that we had entered into discussions with BAE Systems to combine our respective surface shipbuilding and naval support businesses, including Fleet Support Limited (FSL)


Dubois Appointed CFO of CMA CGM Group

CMA CGM Group announced the appointment of Olivier Dubois as Group Chief Financial Officer. He will replace Jean-Yves Schapiro who has decided to take on new challenges outside the shipping industry. Olivier Dubois graduated from ESSEC Business School in 1976 and IEP Paris (Business Administration) in 1978. His experience has spanned over 30 years: from 1980 to 1991 at Banque Paribas; from 1991 to 2002, Director and Executive Officer in charge of Administration, Finance, Tax, IT


Kongsberg EM2040 dual head at MMT Group

Kongsberg EM2040D_005.jpg

MMT Group announce acquisition of a new Kongsberg EM2040D. The EM2040 dual head system has recently been installed on MMT’s survey and ROV vessel IceBeam.   This is the first highly developed multibeam echo sounder to combine all of the advanced features of deepwater echo sounders to the near-bottom sounding environment. Such features include:   1.    Dual swath per ping to maintain a high survey speed


Reservoir Names MD for Well Intervention

Fraser Louden (Photo: Reservoir Group).

Reservoir Group announced the appointment of Fraser Louden as managing director of its well intervention and measurements business. Acting as the Group management team’s interface with its growing portfolio of companies, Louden joins from an executive advisor role at FMC Technologies and previous expertise at READ Well Services Ltd., where he held key roles, including chief executive officer, vice president, business development manager and R&D manager.


Ship Service Provider GAC Announces Senior Appointments

Patrik Halldén: Photo credit GAC

The GAC Group announces key management appointments for its head office and local operations in Oman and the United Kingdom. Group Vice President for Human Resources Jan Farnelid will retire on 31 August and take on a consulting role with the Group until the end of the year. Since 2004, Jan has successfully implemented HR policies and initiatives that underline the importance of GAC’s focus on human capital as a key enabler of its expansion strategy.


P&O, Festival Squash Consolidation Plans

Citing, among other factors, a lackluster market for cruise shares on the U.S. stock exchange, P&O said it and Festival Cruises decided not to pursue the merger of their cruises businesses due to the continuing low valuations of cruise companies in the United States. The groups announced in May a deal to combine businesses as part of Peninsular and Oriental Steam Navigation cruises division in a deal worth up to $600 million.


The Shipyard Group Adds to Growing Fleet

The Shipyard Group announced the addition of the M/Y Caribbean Sparkle.  This 107 ft. custom cockpit motor yacht, based in South Florida, is available for charter in Florida and the Bahamas.   The  Caribbean Sparkle accommodates eight guests in four staterooms.  In the cockpit is the angler’s chair, ready for reeling in the day's catch.  From there it’s a few steps onto the swim platform where you can snorkel


CMA CGM Service Resumes Through Haiti

Having been involved in the relief effort since the earthquake struck Haiti, the CMA CGM Group announced that it has resumed a regular service between Port-au-Prince and Kingston in Jamaica.   On February 7th, a 516 teu capacity CMA CGM feeder vessel made a call to Port-au-Prince as an extension of its Europe-Caribbean Service (ECS). A second call was made on February 15th thanks to the 400-ft long floating dock that has recently been installed at the Haiti Terminal


NOL Group Orders New Container Ships

Global shipping and logistics company NOL Group announced an order for 10 new 8,400-TEU (twenty-foot-equivalent unit) container ships to be delivered in 2013 and 2014.  It has also signed a letter of intent for two 10,700-TEU vessels.  The total consideration is approximately $1.2b. The ships will be constructed by South Korea-based Daewoo Shipbuilding & Marine Engineering Co.  The two organizations signed a contract for construction of the 8


WTO & World Bank to Support Trade Facilitation

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  The World Bank Group and the World Trade Organization (WTO) have agreed to enhance their co-operation in assisting developing and least-developed countries to better utilize trade facilitation programs which can help countries reduce trade costs and more fully engage in the global economy


Tamtron Develops New Shackle Dynamometer

Image: Tamtron

Tamtron Group announced it has joined with selected customers to develop a device for measuring tension or pulling forces. This shackle dynamometer, also known as a shackle load cell, is suited for field tests due to its light structure that has been achieved by replacing the pin of the shackle


Newbuild Containership Enters CMA CGM Fleet

CMA CGM Elbe (Photo: CMA CGM)

The CMA CGM Group announced the maiden voyage of the CMA CGM Elbe on October, 14, 2014 in Dalian (China). The CMA CGM Elbe (9400 TEUs) is the second of a series of 28 vessels from 9,400 TEUs to 10,900 TEUs, vessels which will be delivered from now to the third quarter of 2016


CMA CGM Acquires 7,000 Reefer Containers

Photo: CMA CGM

The CMA CGM Group announced it has acquired more than 7,000 of last generation 40’ High Cube Reefer containers including 6,000 low consumption engines. The CMA CGM Group said regularly invests Reefer containers that reduce carbon print by 60% compare to the first generation’s Reefers


Mariner Group Wins GSN Award

The Mariner Group announced it has been recognized again by Government Security News (GSN) as the Most Notable Seaport Security Solution in this year’s Airport, Seaport, & Border Security Awards Program. The awards program covers security initiatives completed within the past 12 months


DMW Completes Crane Acceptance Trials

Photo courtesy of DMW Marine Group

DMW Marine Group announced it has completed factory acceptance testing on four of its model M400.24A4 cranes with DNV OS E101 certification and type approval. The cranes are for installation on new drillships for a U.S. customer, DMW said


Survitec to Exhibit Escape Slides at SMM

SurvitecZodiac MES escape slide and rafts during heavy weather sea trials (Photo courtesy of Survitec)

Survitec Group announced that it will showcase its SurvitecZodiac range of escape slides and liferafts at the SMM exhibition in Hamburg as part of the Survitec Group Stand (Hall B5, Booth 324) and will include presentations of what the company calls the most advanced escape slide systems on the


SBI Wins Jack-up Design and Engineering Contract

SBI Offshore Limited, which is pursuing higher-value oil and gas engineering projects, said today it has secured a $24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters.


EMGS - Settlement of the Convertible Bond Loan to North Energy

ABB CEO, Ulrich Spiesshofer

  Divestment fully in line with ABB’s commitment to continuous portfolio optimization. ABB has divested five businesses with limited synergies in the past 11 months raising about $1 billion. Zurich, Switzerland, August 20, 2014– ABB


Port Réunion to Become Strategic Maritime Hub

Visit of the President of the French Republic François Hollande to the Reunion Island Rodolphe Saadé intends to turn Port Réunion into CMA CGM Group strategic maritime hub in the Indian Ocean; New sourcing and export opportunities for the Reunion Island economic players; new


Brambles Acquires Ferguson Group

Photo courtesy of the Ferguson Group

The Ferguson Group announces that it has been acquired by Brambles Limited for an enterprise value of £320 million. Brambles Limited is a supply-chain logistics company operating in more than 50 countries, primarily through the CHEP and IFCO brands


CMA CGM Enters Agreements with CSCL, UASC

The CMA CGM Group announced the signature of three major agreements on the biggest worldwide maritime trades with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC). Under the name of Ocean Three, the agreements; which include a combination of vessel sharings


GNS Launches Free E-Navigation Solutions

At SMM in Hamburg, Germany this week, Global Navigation Solutions (GNS), the maritime services group announces the launch of (i) its new free Essentials package, as well as (ii) an upgrade to the Voyager Planning Station dashboard, and (iii) a new bundle purchasing option. Essentials Package


Second Sailing Added to Cleveland-Europe Express

Photo: Spliethoff

The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE), the only scheduled ocean service for containerized and breakbulk freight operating between Europe and a Great Lakes port.


Crowley Receives Heavy-Lift Deck Barge in Singapore

HDB: Photo Crowley Maritime

Crowley Maritime Corporation’s solutions group announced today that it has received the first two of potentially four, new heavy-lift, ballastable deck barges (HDBs) for use by clients in the Asia-Pacific region. These new barges, which will be contracted and managed from the






 
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