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Inaugurates New

Underwater Technology Company Appoints Advisory Board

Image credit Channel Technologies Group

 Channel Technologies Group inaugurates new Strategic Advisory Board Channel Technologies Group (CTG) has named Ret. Vice Adm. John J. Donnelly, Ret. Rear Adm. Nevin P. Carr and Ret. Rear Adm. Winford (Jerry) Ellis to the company’s first Strategic Advisory Board (Board). The Board will help CTG expand its leadership position in the underwater technology industry through identifying methods to better connect with customers and identifying solutions to current and future challenges. CTG and its family of brands including Channel Industries (CI), ITC and Sonatech, are designers and manufacture of piezoelectric ceramics, transducers and advanced sonar systems used in marine, geophysical, and medical fields. CTG products keep the Navy and its personnel safe on national security missions around the world. “For 50 years, we have been delivering top-quality, highly-reliable products to our customers, including the U.S. Navy,” stated Kevin Ruelas, president and chief executive officer of CTG. “Our Strategic Advisory Board and the unique expertise that each one of these admirals bring to our company will enable us to better connect with our key customers, determine the new challenges that lie ahead for our industry and the country and deliver innovative technologies to solve those challenges.”


World’s Largest Testing Vessel Unveiled

Left to right) Thor Hegg Eriksen - President of the Offshore BA of Trelleborg, Louise N. Anderson - General Consulate of Sweden, Riverton Mussi - Mayor of the city of Macaé , Julio César Carmo Bueno - Secretary for Economic Development, Energy, Industry and Services, Fredrik Meuller - President of Trelleborg Offshore & Construction, Conceição Ribeiro – President of CODIM, Luiz Edmundo Costa Leite – State Secretary for Science and Technology.

World’s Largest Testing Vessel Unveiled as Trelleborg Inaugurates New Facility in Brazil  A global manufacturer of polymer and syntactic foam-based solutions for the offshore oil and gas industry, Trelleborg officially opened its newly constructed facility in Macaé, Brazil, on 13th September 2012. To support offshore customers in their quest to reach greater subsea depths, the new facility boasts the largest hydrostatic pressure testing vessel in the world.


Glasgow Shipyard Inaugurates Its Saving Grace

Glasgow Shipyard Inaugurates Its Saving Grace Glasgow's Govan shipyard celebrated a welcome but rare sight on Friday as a new ship slipped into the dark waters of the Clyde - the first since the once-mighty yard's shaky future was guaranteed last year. The 643 ft. (196-m) Wave Ruler, the second of a new class of oilers for Britain's Royal Fleet Auxiliary, will be used primarily to provide Royal Navy and NATO ships with fuel and fresh water at sea.


Iraq Launches Oil Tanker

The Iraqi Oil Tanker Co. launched its first new ship in 27 years, according to an AP report. The 14,000-ton, Chinese built Dijlah was inaugurated in Basra, officials said.


Vizag Port Mulls Major Expansion

Photos: Visakhapatnam Port Trust

Vishakhapatnam Port is poised for major expansion, with the Minister for Shipping, Road Transport and Highways Nitin Gadkari inaugurating several projects during his visit to the port, says government press release.    The Minister inaugurated a Container Freight Station of 1 lakh TEU capacity developed by M/s.VCTPL at a cost of Rs.104 crores for which an extent of Ac 34 acres is allotted by the Port.   


Spectec Inaugurates New Office In Brazil

SPECTEC INAUGURATES NEW OFFICE IN BRAZIL.JPG

Following the opening of the legal entity in Brazil last year, SpecTec is happy to announce the official inauguration of its 25th office worldwide, in Rio de Janeiro that took place on 12th May. The office is located in one of the newest and most beautiful areas of Rio, Barra de Tijuca, in the Centro Empresarial Mario Henrique Simonsen, along Avenida das Americas. The inauguration event was attended by SpecTec’s excellent service suppliers in Brazil


Indian Maritime University Opens New Campus

Union Minister for Shipping Shri G K Vasan yesterday inaugurated the Karaikal campus of the Indian Maritime University (IMU) in the Union Territory of Puducherry. To fulfill the aspirations of the youth in maritime training, education and career building, the Union government opened IMU campuses in all of the country’s maritime states. The government has already opened campuses of the University at Kandla and Cochin


PCA Seeking Ways To Safeguard Water

The Panama Canal Authority (PCA) inaugurated an inter-institutional commission charged with safeguaring the trade route's vital supplies of fresh water into the future. The commission, made up of government and environmental groups under PCA stewardship, aims to establish mechanisms to protect the Canal's fragile rainforest watershed, while achieving long-term sustainable development for resident communities, the Authority said


EC Debuts Inland Waterways Observatory

The European Commission (EC) inaugurated its Inland Waterways Observatory. The Internet site is intended to enhance utilization of the European inland waterways. It discusses such issues as the market, the Trans-European transport network, relevant legislation, the available inland fleet, and research projects. Source: HK Law


CSIC Forms Joint Venture with Wartsila

Wartsila Qiyao Diesel Co Ltd (Shanghai), a joint-venture between Finland-based Wartsila and the China Shipbuilding Industry Corporation (CSIC), was inaugurated on June 29. With paid-up capital of 250 million yuan, the company is located in Shanghai's Lingang Industrial Park, Nanhui District, and will mainly manufacture Wartsila's Auxpac generating sets. Source: Shanghai Daily News


Kenya Commissions Terminal at Mombasa

Kenya on Saturday inaugurated the first part of a new container terminal at Mombasa which is expected to boost by 50 percent the volume of cargo handled by East Africa's largest seaport. Construction of the 30 billion shilling ($296.74 million)terminal began in March 2012 and was completed in


Krishnapatnam Port, Maersk Launches Mainline Service for China

Krishnapatnam port

Krishnapatnam, the country’s largest all-weather; deep water port on the east-coast of India has marked another milestone towards operational excellence as it launched its weekly mainline service from China to Krishnapatnam Port. The service to be operated by Maersk line in partnership with


Lerwick Port Launches Latest VMS

Lerwick Port Authoritys new control room Photo Lerwick port

Lerwick Port Authority have inaugurated a new Vessel Monitoring System (VMS) which utilises the latest technology to improve the handling of ship movements at the busy Shetland port. Transas, a world-leader in providing harmonised integrated solutions to the maritime industry


Panama Canal Celebrates 102 Years

Image: Panama Canal Authority

 The Panama Canal has celebrated 102 years of successful operations and service to the global maritime community, just one day after welcoming its one-hundredth transit through the expanded waterway.     On August 15, 1914, the Panama Canal officially opened for business


Gadkari Flags off Two Vessels from Varanasi, India

Nitin Gadkari. Photo: The official FB Page of the Minister

A trial run of two cargo vessels from the Aghoreshwar Bhagwan Ram Ghat Varanasi.   The vessels viz. MV Joy Basudev (capacity 1400 tons) and MV V.V Giri (capacity 300 tons), contain newly assembled cars of Maruti Suzuki and construction material.  


MOL Reshuffles US Route, Inks Car Transport Deal

At the ceremony marking the first shipment. First from right MOL Managing Executive Officer Naotoshi Omoto Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that it has won a contract to transport vehicles manufactured at Toyota Argentina S.A. to ports on West Coast South America and West Coast Central America. Vehicles produced at Zarate plant to be exported to the majority of the Latin American Region and


First “Neo-Panamax” Calls Port of Philadelphia

Photo: Philadelphia Regional Port Authority

 The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River.   The MSC Sofia Celeste, an 8,800 TEU (Twenty-foot Equivalent Unit) vessel operated by the Mediterranean Shipping Company


China: 'Illegal' Fishing in S.China Sea to be Met Harshly

China's Supreme Court said on Tuesday people caught illegally fishing in Chinese waters could be jailed for up to a year, issuing a judicial interpretation defining those waters as including China's exclusive economic zones. An arbitration court in The Hague ruled last month that China had no


Maersk Training Bullsh on India

Photo: Maersk Training

 Maersk Training, part of the Denmark based A.P. Moller-Maersk, is betting on the Indian training centre, reports the Hindu. India is one of the 10 Centre’s that is making profits.   "While other Maersk training centres are facing issues due to downturn in maritime and oil


New Container Facility at Krishnapatnam Port

Shri Suresh Prabhu and Shri Venkaiah Naidu at the inauguration ceremony of the Port Side Container facility at the Krishnapatnam Port premise.  (Photo: KPCL)

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking. This event is a significant turning point for the port


WWL Adds Another Neo-Panamax

MV Thermis (Source: Port of Nagoya, Japan)

Themis is Wallenius Wilhelmsen Logistics’ (WWL) fourth Neo-Panamax class vessel, which means it is built for the expanded Panama Canal inaugurated June 26.   Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 meters long, 36


Kiel’s Forest Products Center Launched

SCA Obbola in Ostuferhafen Photo Port of Kiel

 Kiel’s new forest products handling and distribution centre has gone into operation in the Ostuferhafen. This means that the port has now become an integral part of the logistics chain operated by the Swedish concerns Svenska Cellulosa Aktiebolaget (SCA) and Iggesund Paperboard.


Panama Canal Extension May Be Bad for Some Shippers

Photo: Panama Canal Authority

The newly inaugurated Panama Canal may not be as beneficial as it seems for container ship carriers, says Xeneta, a benchmarking and market intelligence platform for containerized ocean freight.   Although the new sets of locks and deeper


Panama Canal Traffic to Double

Panama Canal Photo PCA

The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday. With the expansion of the canal's width and depth, the volume of traffic will double


BIMCO: Containership Scrapping Heats Up

(Source: BIMCO)

  As the containershipping market continues to drift through a prolonged downturn premised on overcapacity a subdued world economy, BIMCO reports a glimmer of hope:  demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of 2015






 
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