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
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
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
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
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
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
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.
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)
ENSCO International Incorporated announced that the company's Board of Directors declared a regular quarterly cash dividend of $0.025 per share of ENSCO common stock. The cash dividend will be paid on December 15, 2004, to stockholders of record on November 30, 2004.
Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in Korea to ensure safe and optimum navigation of the vessels. The system searches the optimum sea routes and prevents collisions by
No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders. Dry bulk carriers Foremost Maritime are understood by Clarkson Hellas to have added a further four 180
Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, says it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets as follows: Grand Bahamas Shipyard
Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011. The outstanding amount of the loan, as of July 21, 2014, amounted to $21.5 million and the parties agreed to the payment of $15
Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered into a contract to construct a new Robert Allan, LTD. (RAL) RAmpage 6400 Multipurpose Field Support Vessel (MPFSV) at Eastern’s
Ireland’s Minister for Transport, Tourism and Sport, Paschal Donohoe TD and the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the ratification by Ireland of the Maritime Labor Convention (MLC), which sets standards for working and living conditions for
McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform destined for South Timbalier Block 311 in the Gulf of Mexico
The board of directors of Yara International today announced the appointment of Svein Richard Brandtzæg as the company's new President and Chief Executive Officer. He will succeed Jørgen Ole Haslestad by February 2015. Brandtzæg currently serves as President and CEO of Norsk
Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, announced today it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets.
The International Bunkering Industry Association (IBIA) says it has appointed Stephen Hoare as its new events & membership manager at its Southampton office. The role involves developing the association’s conferences, seminars and dinner as well as growing its global membership base
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargos and offshore contract drilling oil services, announced today the receipt of a firm commitment letter from Nordea Bank for an up to $170 million senior secured credit facility to finance nine drybulk
Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product. From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW
Sound Oil, the Mediterranean focused upstream oil and gas company, announced the appointment with immediate effect of Marco Fumagalli as a Non Executive Director of the Company following the institutional investment announced on 25 April 2014.
The full economic impact of the U.K. marine industry and spend associated with boating participation was estimated to total £6.2 billion in 2012/13, according to a new report released by the British Marine Federation (BMF). Latest industry trends results also announced by the BMF show
The International Chamber of Shipping (ICS) has submitted comments on behalf of the global shipping industry to a comprehensive competition policy review being conducted by the Australian Government. The ICS comments support the maintenance of important antitrust exemptions that currently apply to