Inaugurates New

Underwater Technology Company Appoints Advisory Board

 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

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.

Spectec Inaugurates New Office In Brazil

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

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.

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

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

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

India Launches Dredging Project

The Indian prime minister will inaugurate a deep sea dredging project on Saturday, called the Sethusamudhram Shipping Channel Project, to remove sand stone on two stretches along the channel between India and Sri Lanka. The new channel will have a depth of almost 40 feet and a width of almost 1000 feet for two-way traffic. When completed, the project will allow allow ships to travel between India's west and east coasts without circumnavigating Sri Lanka, saving about 36 hours in travel time

OPEX Sees Opportunity for Growth

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