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International Announces

Algae-X Technology Now Available in Greece

Algae-X International announces its distribution agreement with Sun Sea Service. Based in Athens, Sun Sea Service is a sales and service center for several engine manufacturers including Volvo Penta, Yanmar and Perkins. Sun Sea Service also maintains over 950 recreational vessels, both private yachts and charter fleets. Sun Sea Service will introduce Algae-X Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to its network of commercial marine customers and boat builders. Algae-X Fuel Conditioners will be installed in the fuel systems for new engine packages and retrofitted into existing engine installations for marine, power generation, trucking and transportation, construction, mining, Agriculture and other applications. Algae-X Technology improves and maintains the quality of diesel fuel, hydraulic oil and other distillate fuels, preventing tank sludge and clogged filters.


ALGAE-X®Technology Now Available in South Africa

International announces its distribution agreement with Clear Fuel Technologies, a Division of Windo Info S.A., based in Dalbridge, South Africa. Clear Fuel Technologies President Ron Mattig, is introducing ALGAE-X® Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to his network of distributors in the Trucking, Power Generation, Mining, Agriculture and Commercial Marine industries. ALGAE-X® Technology is reported to improve and maintain the quality of diesel fuel


Smit Profit Soars 60%

Smit International announced that its mid-year results saw profits soar 60% from EUR 29.7 million to EUR 47.5 million, driven by an extremely busy six months and good results in its salvage division, and strong pricing and utilization in its Transport & Heavy Lift Division. "The exceptionally high results in the second half of 2006 were continued in the first half of 2007, with our net profit rising 60% relative to the first half of 2006,” said CEO Ben Vree


U.S. Coast Guard Chooses Videotel on Demand

Nigel Cleave, CEO of Videotel, presenting a commemorative plaque to Rear Admiral Linda Fagan at CMA Shipping 2012.

Videotel Marine International announced that the United States Coast Guard (USCG) in Yorktown, Virginia, which trains Port State Control Officers, has taken delivery of three Videotel on Demand (VOD) units. The units are pre-loaded with top quality marine safety and operational training videos, computer-based training materials (CBT) and instructional courses. Comprehensive and interactive, the training material will be used by the USCG to augment existing Port State Control Office training


Undersea Laboratory Cable Array Repaired

VENUS SIIM Being Deployed: Photo courtesy of OceanWorks

OceanWorks International announce the successful re-deployment of the VENUS coastal network in the Strait of Georgia after repairs. Placed in Canadian waters in the Strait of Georgia, VENUS is part of the Ocean Networks Canada Observatory, is a cabled undersea laboratory with nodes that provide live video, acoustic images and real-time data for ocean researchers and explorers. VENUS delivers real time information from seafloor instruments via fiber optic cables to the University of Victoria


China Merchants Holdings Complete Terminal Link Deal

Closing Ceremony: Photo credit China Merchants

China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. Farid Salem, CMA CGM's Executive Officer, said: "CMA CGM is very pleased to enter a new strategic partnership with CMHI which will allow us to join our complementary forces to operate and further develop in Terminals investments." "The smooth completion of this transaction


TBS Acquires Handymax Bulk Carrier

TBS International Limited announced that it has entered into an agreement to acquire the M.V. Desert Explorer, to be renamed M.V. Fox Maiden, a 1985 built, 40,902 dwt handymax bulk carrier. TBS has agreed to acquire this vessel charter free for $35.5 million with expected delivery within the third quarter of 2008. Following this acquisition and the deliveries of the previously announced vessels, TBS' fleet will be comprised of 45 vessels with an aggregate of 1,351,621 dwt


International-Marine.com Goes Live

International-marine.com announced its new website which offers new features and more relevant content as well as a chance to win an iPod. International-marine.com has improved site navigation and enhanced its product search facilities to include an interactive vessel area search. The new Support and advice section is a one stop shop for technical information. (www.international-marine.com)


International Bunkering Middle East DMCC Promotes Staff

Mr. Felix Teo Yu Chuan.bmp

International Bunkering based in Dubai, UAE is pleased to announce the promotion of Mr. Felix Teo Yu Chuan to Senior Bunker Trader as from 1st of May 2011. At International Bunkering we acknowledge the value of each of our employees and their contribution to our results. Throughout his period of employment with International Bunkering Mr. Felix Teo has shown a very high level of customer understanding and a desire to meet them at level and to fulfill their individual requirements.


Cruise Ship Superstructure Fire Extinguised by Crew

RCI CEO Inspects the Damage: Photo credit RCI

Royal Caribbean International announce cancellation of the vessel's next cruise to allow for damage repair in the port of refuge, Freeport, Bahamas. At approximately 3 a.m., Monday, Coast Guard Sector Miami received a report of a fire aboard the Bahamian-flagged cruise ship Grandeur of the Seas carrying 2,224 passengers and 796 crew en route to CoCoCay, Bahamas. The fire began on the third deck of the aft mooring area of the ship and spread to the fourth deck crew lounge area. Around 5 a.m


UNEPCOM Endorses Rosneft's Arctic Research Initiative

The scientific exploration of the Arctic

  The Russian National Committee for UNEP (UNEPCOM) endorsed the initiative of Rosneft and the Russian Geographical Society to elaborate interdisciplinary scientific program for comprehensive Arctic research. This program will help to set out the principles of special economic activity


Stolt-Nielsen Buys One Million of Its Common Shares

Stolt-Nielsen Limited announced today that on November 18, 2014, it agreed to purchase one million of its common shares through a private tender of shares at a price of NOK 110 per share. The shares are purchased in accordance with the buyback program announced on November 18, 2014.


ST Engineering Rejigs Top Deck

Lee Fook Sun

  Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun


Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana will acquire Petronas’ interests of 50% of Block 0197 & 0297 (Cuu Long Basin), 40% of Block 10&11.1 (Nam Con Son Basin) and 36.85% of Block 46-Cai Nuoc (Malay-Tho Chu Basin

  SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million


MOL Forms New Medium Range Tanker Pool

MOL, Ultranav, OSG and Asahi Tanker reach agreement to pool product tanker operation Mitsui O.S.K. Lines, Ltd. (MOL) announced that a pool agreement governing the formation of a new medium range pool has been signed among the partners: MOL, Asahi Tanker Co., Ltd., Ultranav International S. A


Baumann Relieves Matthews as SUPSALV Director

Capt. Gregg Baumann,  Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV)

Capt. Gregg Baumann assumed command from Capt. Mark Matthews as the Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV), Naval Sea Systems Command announced.   Baumann reports to SUPSALV after serving as program manager for the International Fleet Support Program


CaroTrans Assures Seamless Transport on US West Coast

CaroTrans Logo

  CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program to address potential supply chain disruptions. Congestion and current labor issues are impacting the flow of cargo at U.S


Rolls-Royce Releases Interim Management Statement

Logo

  As announced on 5 November, Rolls-Royce has accelerated its cost reduction efforts and outlined additional restructuring charges that will reduce the expected underlying profit in 2014 and 2015 by around £60m in both years, subject to employee consultation


Foster Wheeler To Delist From NASDAQ

  Foster Wheeler AG announced today that it intends to voluntarily delist the registered shares of the Company, par value CHF 3 per share, from the NASDAQ Global Select Market (“NASDAQ”) and, provided that the requirements for deregistration are met, in due course


Drydocks World hosts INTERTANKO Team

Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners

  Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement, Ms


BHP Billiton's Conservation Efforts on the World Stage

Welcoming ceremony kicks off World Parks Congress in Sydney

  Thousands of conservation experts from around the world, including environmental scientists from BHP Billiton, are in Sydney for the 2014 World Parks Congress (WPC). WPC is the preeminent conservation forum and is held every 10 years to share best-practice knowledge in managing


International Windship Association Launched

IWSA logo.jpg

An international association has been created to facilitate and promote wind propulsion for commercial shipping worldwide. The founding members of a new association for the shipping industry have announced the establishment of the International Windship Association (IWSA)


Paterson Elected to Tidewater Board of Directors

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Tidewater Inc. announced the election of Richard D. Paterson to its board of directors for a term beginning November 13, 2014 and expiring in July 2015. Richard D. Paterson is a certified public accountant who retired from Price Waterhouse Coopers LLP (PwC), an international network of auditors


Wison Selects AVEVA to Support Offshore Projects

Paul Eveleigh

International EPC firm chooses AVEVA software, replacing competitive solution, to increase productivity and efficiency on offshore projects.   AVEVA has announced that Wison Offshore & Marine, a global EPC firm, has selected AVEVA Marine software for the engineering


Genco Names Wobensmith President

Genco Shipping & Trading Limited (OTCBB: GSKNF) has announced that John C. Wobensmith, the company's CFO has been appointed as President effective December 19, 2014. He succeeds Robert Gerald Buchanan, who will retire as of the same date






 
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