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.
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
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
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 (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
Signal International announced that on December 31, 2014, the Signal Ship Repair Operations located in Mobile, Alabama achieved one full year and worked 387,926 manhours, without the occurrence of an OSHA recordable incident. This is a safety milestone within the United States shipyard and marine fabrication industry, thus representing world-class safety performance, the yard said. By realizing the goal of a zero OSHA recordable incident
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
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 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.
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
Immediately after signing contract with signed with Hyundai Samho Heavy Industries to build five VLCCs, with an option to build additional five VLCCs, the National Shipping Company of Saudi Arabia (Bahri) signed a contract with Hyundai Samho Heavy Industries to build additional five VLCCs
Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII
“One Belt, One Road” is a Chinese development strategy launched at the end of 2013 that focuses on connectivity and cooperation among countries primarily in Eurasia. The strategy has two main components, namely the land-based “Silk Road Economic Belt” and the
GB Group inaugurated their Port Lafito, a world-class modern container port in Haiti. They informed that the port is now open and operational. Port Lafito is Haiti’s first Panamax Port with state of the art equipment and technology
Trade Connect, the Port of Los Angeles’ award-winning export education outreach program, formally debuted its new website, LATradeConnect.org, at today’s Los Angeles Board of Harbor Commissioners Meeting. “Trade Connect plays a vital role in strengthening our
A project aiming to identify sea areas in Southeast Asia to be designated as Particularly Sensitive Sea Areas (PSSAs) is gaining ground with the holding of a second regional meeting in Hanoi, Vietnam, June 24-25, the International Maritime Organization (IMO) announced.
Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets, the company announced today
Filtersafe announced the launch of its ‘Compact’ line of ballast water filters, a new range of self-cleaning filtration systems designed for use in vessels with limited space or for retrofit installations. The new, single screen compact filters are designed to handle
BAM International has completed its €65 million project to construct the Aqaba LNG terminal for Aqaba Development Corp. (ADC). The operating company of Royal BAM Group handed over the project on 23 June, two months ahead of schedule.
China Shipping Group has launched container shipping services in Moldova, becoming thus the second foreign companies to have the operation in the country's only port of Giurgiulesti. The hub is vital for Moldova as its economy suffers as a result of the Russian embargo on Moldovan
Offshore oil and gas drilling firm Northern Offshore Ltd. has reached agreement on the terms of a recommended $165m cash acquisition by Shandong Offshore International Company Limited. The NOK7.59 per share offer by Shandong has been unanimously recommended by the board of
The heads of the International Maritime Organization (IMO) and the International Organization for Migration (IOM) on Monday, June 29 reaffirmed their commitment to urgently address the humanitarian crisis arising from the dramatic increase in unsafe mixed migration across the oceans and seas in
Most the major Greek-controlled and listed carriers are registered in Greece, and they all have their liquidity placed in banks abroad. Morgan Stanley analyst Fotis Giannakoulis noted that "nearly 20 percent of the global fleet is controlled by Greek owners and is managed out
Ki-tack Lim from the Republic of Korea has been elected as the new Secretary General of the International Maritime Organization (IMO), with effect from January 1, 2016, for an initial term of four years, the IMO announced. The current president of Busan Port Authority
Teekay Corporation to complete sale of the Knarr FPSO and announces dividend increase of 75 percent Teekay Corporation announced today that its board of directors has declared a cash dividend on its common stock of $0.55 per share for the quarter ended June 30, 2015