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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.


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


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.


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


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


OPEX Sees Opportunity for Growth

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Aberdeen-based Operational Excellence (OPEX) Group Ltd, a company that serves the oil and gas industry, has won new business worth more than £500,000 ($791,700) in the last month and is targeting turnover exceeding £1 million (nearly $1.6 million) in its first year of trading. The company was inaugurated in August 2010 after receiving a seven-figure commitment from entrepreneurial investment company Enerco Venture


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


Panama Canal: Expansion and Impact

Photo: Canal de Panamá

 Panama Canal expansion opens June 26 amid much fanfare and one of the worst shipping industry slumps ever.    WSJ says, while it won’t do anything to help the dire state of the industry near-term, the changes are critical to Western trade in the long run.  


Abu Dhabi Cruise Terminal Posts Record Year

(Photo: Abu Dhabi Ports)

As the region’s 2015/2016 cruise season has come to a close, Abu Dhabi Ports, the master developer, operator and manager of ports and the Khalifa Industrial Zone in the Emirate, has released its best ever Cruise Terminal performance figures


Panama Canal Conducts Trial Through Expanded Cocoli Locks

ACP Owned crane ship Oceanus successfully transits the new Pacific facing Cocoli Locks on Monday Photo ACP

Today, the Panama Canal conducted another successful trial transit in the Expanded Canal. The transiting vessel, a U.S.-built crane ship named the Oceanus, was maneuvered through the Pacific-facing Cocoli Locks by Panama Canal Pilots Fernando Jaén and Ricardo Varela.   


Countdown Begins for Expanded Panama Canal opening

Courtesy PCA

History will be made in Panama on Sunday, June 26, when the first-ever Expanded Panama Canal is inaugurated. The COSCO Shipping Panama will transit through the new locks on this significant day, with the world as its audience.   The Panama Canal Expansion project is the largest construction


Adani Kandla Terminal Hits 3.5 MT Volume

Adani Kandla Bulk Terminal completes 3.5 MT of cargo volume in first financial year. Photo Adani

Adani Kandla Bulk Terminal Pvt. Ltd. (AKBTPL), part of Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer, today announced it had clocked minimum guaranteed throughput (MGT) cargo volume of 3.5 million tonnes (MT) for the current financial year 2015-16


Cosco Pacific, PSA Team Up to Expand Terminals in Singapore

PSA Pasir Panjang Terminal. Photo: PSA Corp

 COSCO-PSA Terminal Pte Ltd (CPT), a joint venture company formed by Cosco Pacific Limited (Cosco Pacific) and PSA Corporation Limited (PSA), is investing in new container berths in Singapore capable of serving the next generation of mega container vessels.   


UASC Expands Further in S.America

Photo: UASC

 United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April.  


India Can Become Engine of Maritime Growth: PM

PM Narendra Modi inaugurating the Korean exhibition at Maritime India Summit 2016. Photo: Ministry of Information and Broadcasting, Government of India.

 Prime Minister Narendra Modi has inaugurated the India's first ever Maritime Summit and said that the country's vast coast line of 7500 km offers vast investment opportunities.    “Our maritime agenda will complement this ambitious infrastructure plan for the hinterland


ZIM to Enhance its Asia to US East Coast and Gulf Services

Photo: ​ZIM Integrated Shipping Services Ltd

 ​ZIM Integrated Shipping Services Ltd (ZIM) has announcd an enhanced Asia to US East Coast and Gulf service offering, with seven different weekly services, extensive direct port-to-port coverage and best-in-market Transit time from key ports in Asia to US East Coast & Gulf.  


Krishnapatnam Port Inaugurates Maersk Salalah Service

Vessel Inauguration Function Photo Krishnapatnam port

Krishnapatnam Port inaugurated yesterday the maiden call of “M V Maersk Bentonville” as part of the direct weekly service from Krishpatnam to Salalah (Oman). The first voyage of Maersk Bentonville discharged 551 TEU’s and loaded 770 TEU’s of exports.


Panama Canal’s Emission Reduction Initiatives Highlighted

Last week, the Panama Canal participated as a part of the Panamanian delegation 69th Session of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) meeting that took place in London. During this five-day meeting


PCA - Draw to Select First Vessel to Transit

Panama Canal Expansion Courtesy PCA

The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness.


Nautical Institute (Singapore) Branch Inaugurated

The inauguration of new Nautical Institute (Singapore) Branch Photo Nautical Institute

The inauguration of new The Nautical Institute (Singapore) Branch was hosted by the Singapore Shipping Association and sponsored by the Shipowners’ Mutual Protection and Indemnity Association (Luxemburg), Singapore Branch, during Singapore Maritime Week.


Unique Pier for cruise ships at Ports of Stockholm

Photo Ports of Stockholm

In time for the start of the cruise season in May, Ports of Stockholm’s most recent and exciting pier construction was inaugurated at the Port of Nynäshamn. It is a seawalk, a 260 metre-long extendible pier that, in a similar way to an extendible measuring ruler


COSCO Rolls Out Shipping Financial Platform

Photo: China COSCO Shipping Co

 China COSCO Shipping Co. Ltd (China COSCO Shipping) officially  inaugurated the company “COSCO shipping Financial Holdings Limited (COSCO shipping Financial) in Hong Kong.   It was former China Shipping (Hong Kong) Holdings, reports Sinocast.  






 
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