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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)


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.


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


Ocean Conservancy and NAMEPA Partner to Fight Marine Debris

  NAMEPA (North American Marine Environment Protection Association) and the Ocean Conservancy signed a memorandum of understanding (MOU) this month, the two group announced in a press release.   The agreement aims to foster a collaborative effort that encourages marine pollution prevention, advocates for sensible and sustainable marine environmental practices, and heightens public awareness of impacts and mitigation techniques of marine pollution.  


Resolve Salvage & Fire CG Approved for OPA90

Photo courtesy Resolve Marine

Resolve Salvage & Fire (Americas), the emergency response division of international maritime emergency services contractor Resolve Marine Group, announced that the U.S. Coast Guard has approved Resolve to help oil tanker vessel owners comply with new OPA90 requirements by the February 22, 2011 deadline. The USCG has already begun issuing Interim Operating Authorizations (IOA) for tank vessels that cite Resolve in their OPA90 Vessel Response Plans


Cosco Scraps Eight Old Bulk Carriers

Image: Cosco group

Following the recent announcement ordering 10 drybulk vessels, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping.    The vessels were sold to different third parties for scrap for approximately RMB82.2m ($13.3m). Cosco said it recognized losses from the disposal of approximately RMB182.2m.   Cosco has made plans to scrap a total of 41 vessels this year as part of its fleet optimization plan


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.


CMA CGM Launches New TransAtlantic Service

Photo coutesy of CMA CGM

The CMA CGM Group announced that it will launch a new container shipping offering between North America and North Europe at the end of May 2015. The group will expand its existing transatlantic services with the launch of the NEW VESPUCCI service and the addition of a new port of call in


Aiken Marine Sees Upturn In Overseas Business

Danny Donald (left) and Steve Grant (right). (Photo:Aiken Marine)

A division of Aberdeen-based Aiken Group announced an upturn in its overseas business in recent months.   Aiken Marine, which supplies a range of services to the global marine and offshore industries, has seen a rise in its business supplying and brokering newbuild resale drilling jackups


CMA CGM Christens Its Largest Ship

The CMA CGM KERGUELEN’s godmother, Mrs Catherine Hayot, closed the ceremony by launching the bottle of champagne that broke on the vessel’s hull and by stating the traditional sentence

The CMA CGM Group announced that the CMA CGM Kerguelen, the group’s largest vessel, was christened in Le Havre, France. The christening took place in presence of Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group, the vessel’s godmother Catherine Hayot


AMI Maritime, BMT SMART Sign Partnership Agreement

Photo courtesy of BMT Smart

BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, announced that Singapore-based AMI Maritime Pte Ltd has become an accredited service partner. The agreement will provide both organizations with the opportunity to enhance their proposition in helping to


Twelve Cranes Unload Mega Box Ship

Photo courtesy of CMA CGM

The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced.   No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17


CMA CGM Upgrades Gulfbridge, Hispaniola Lines

Container shipping company CMA CGM Group announced its Gulfbridge service upgrade, and its Hispaniola feeder service optimization.    The CMA CGM Group upgrades its Gulfbridge service between the Gulf of Mexico and the Caribbean area


CMA CGM Launches Container Tracking App

Photo: CMA CGM

The CMA CGM Group is launching the first real-time container tracking mobile application for the group’s clients    The CMA CGM Group announced the launch of its first mobile application offering a follow-up solution and real time data collecting on the container’s position


CMA CGM Makes Jamaica its Caribbean Hub

Photo: A Gilbert Bellamy

The CMA CGM Group announced that Farid T. Salem, CMA CGM Group Executive Officer, signed on April 7, in Kingston – Jamaica, an agreement with the Port Authority of Jamaica granting the CMA CGM Group the concession of Kingston Container Terminal for 30 years


New Containership Enters CMA CGM Fleet

CMA CGM Volga (Photo courtesy of the CMA CGM Group)

The CMA CGM Volga, eighth of the 28 vessels named after famous rivers series, enters the CMA CGM fleet   Newbuild containership CMA CGM Volga entered the CMA CGM fleet on March 17, and began her first rotation in Dalian, China, on March 20, the CMA CGM Group announced.  


BG Group Produces First Oil from Knarr Field

Petrojarl Knarr (Photo: BG Group)

BG Group announced the Petrojarl Knarr floating production, storage and offloading (FPSO) vessel had started production from the Knarr oil field in the North Sea, offshore Norway.    The FPSO has been leased from Teekay Corporation and is moored approximately 120 kilometers off the


Nicaragua Canal Disastrous: Scientists

 Nicaragua Grand Canal project by HKND

 An international consortium of environmental scientists has expressed strong concern about the impact of a controversial Central American canal across Nicaragua.    The leading researchers from 18 institutions in the United States and Central and South America -- have voiced


ST Engineering Y-O-Y Profits Slip

  Singapore Technologies Engineering Ltd  reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.63b as reported for FY2013. Profit before tax (PBT) of $650.7m was $79m or 11% lower year-on-year compared to $729


Okeanus to Represent MacArtney Group in Brazil

webLogo Okeanus.jpg

Underwater technology provider MacArtney Group has signed an agreement with Okeanus Ltda. to be the group's official representative in the Brazilian market, MacArtney Group announced today. This is the third such deal MacArtney Group has signed in the South American in the last six months


New Box Ship Enters CMA CGM Fleet

CMA CGM Rhone (Photo: CMA CGM)

The maiden voyage of the containership CMA CGM Rhone started in China on February 20, the CMA CGM Group announced.   The 9,365 TEU vessel CMA CGM Rhone is the seventh in a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered from now to the third quarter of 2016


CMA CGM Box Ship is the Largest to Call Brazil

CMA CGM Tigris (Photo courtesy of CMA CGM)

CMA CGM reinforces its position in Brazil, introducing the largest vessel in terms of TEU capacity to ever call Brazil   Containership CMA CGM Tigris, one of the newest vessels in the CMA CGM fleet, is due to call the Port of Santos on February, 6






 
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