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Heindenreich Marine Develops Product Tanker Pool

Heindenreich Marine has created a new global clean petroleum product tanker pool - Dorado Tankers - to be managed from Heidmar's new office in Darien, Conn. The focus of the new company will be to operate product tankers under a common umbrella - similar to the Star Tankers' panamax pool. Heidmar also reported that it has elected David G. Palmer as vice president of the company, as well as managing director of Dorado Tankers. Palmer previously served as CEO of the International Product Carriers Pool and as senior executive with Stolt-Nielsen.


Geodis Wilson Appoints New Global Director

Global freight management company Geodis Wilson has announced the appointment of Mark Ness as new Global Industry Director – FMCG (Fast Moving Consumer Goods). Mark’s appointment reflects the importance to Geodis Wilson managing growth in the highly volatile FMCG – Retail vertical - a truly global market sector in constant flux, with ever greater product ranges, faster item turnovers, and an increasing demand for flexible, transparent and seamless supply chain management


Paradox Marine's Larger Facility

Steady growth in U.S. and international markets has prompted Paradox Marine to purchase a larger facility in Fort Lauderdale, Fla. The new location for the boat security systems supplier serves as its new Global Headquarters and houses its corporate administrative, research & development, sales & marketing and manufacturing & distribution operations. "Despite challenging economic conditions, interest in our unique boat security, monitoring


Global Ocean Commission Invites Industry Input

The Global Ocean Commission name chairs of a special plenary Sustainable Ocean Summit session to be held in Washington DC, in April 2013. Global Ocean Commission names Costa Rican President José María Figueres and South African cabinet minister Trevor Manuel, to chair Special SOS Session for business input to the Commission. This new ‘Global Ocean Commission - Ocean Industry Forum’ session at SOS 2013 on 24 April will provide a key opportunity for the ocean business


CSL Launches Corporate Sustainability Report

Rt. Hon. Paul E. Martin loading cargo in Sechelt, British Columbia (Photo: CSL)

The CSL Group, a global company in marine dry bulk cargo shipping and handling, today released its new Corporate Sustainability Report, featuring highlights of its 2013 sustainability performance and progress. The inaugural report available on the company’s website broadens the scope of CSL’s Environmental Report published since 2008 and includes other priority areas including safety, ethics, employee and community engagement, the workplace, philanthropy and value for customers


ICS: Global Shipping's Emissions 20% Lower

Peter Hinchliffe

The total Green House Gas emissions from global maritime transport are estimated to have been more than 20% lower in 2012 than in 2007, according to the International Chamber of Shipping (ICS), the global shipping industry’s trade association. The global shipping industry, which transports by sea around 90% of all world trade, is thought to have produced only about 2.2% of the world’s total GHG emissions during 2012 compared to 2.8% in 2007.


ABB Inaugurates New Azipod Manufacturing Base in Shanghai

Azipod improves vessels’ fuel efficiency up to 25%, lowers their environmental impact and provides better maneuvering capabilities.   ABB, the leading power and automation technology group, today inaugurated a new global manufacturing base in Shanghai featuring Azipod C, the company’s advanced green marine propulsion system. Located in the Lingang New Development Zone, the new base covers 37,000 square meters with an annual output of 60 units at present


Drydocks World Contracts with Saipem

Drydocks Worlds Dubai Shipyard

Drydocks World’s new global strategy was developed to create additional and increased capacity and efficiencies in all its four important business segments which are; Repairs, Conversion, New building and Engineering. Accordingly, to keep in line with this strategy, it has entered into a Strategic Agreement with Saipem, a subsidiary of the Italian oil company, Eni., an international turnkey contractor in the oil & gas Offshore and Onshore industry.  


Dolphin Marine's Latest Financial Results Better Than Expected

Dolphin Marine, suppliers of marine geophysical services, presents Q3 and first nine months of 2012 financial results Highlights: · Revenues of USD 61.2 million, compared to USD 43.0  
million in Q3 2011 · EBITDA of USD 28.9 million (47,2%), improved from  
USD  9.1  million in Q3 2011 · EBIT of USD 16.8 million (27,4%), compared to USD  
5.5 million in Q3 2011


European Shippers' Council Calls on Competition Authorities to Cooperate

Pic: The European Shippers’ Council (ESC)

 Shipping alliances will lead to market convergence and will reinforce the risk of reducing service quality and sailing frequency as well as free choice for manufacturers and retailers, as well as enhancing prices, according to the European Shippers’ Council (ESC)    It also has called for greater data monitoring by national competition authorities following recent announcements regarding shipping line collaborations which, it claims


Inmarsat's Launch Date for Xpress Satellite

Inmarsat

  Inmarsat, the leading provider of global mobile satellite communications services, will complete another significant milestone in the delivery of its transformational global mobile satellite communications (GX) service with the scheduled launch of Inmarsat-5 F2 (I-5 F2) from the Baikonur


Panama Canal Authority Holds Hearing on New Toll Structure

       Photo courtesy of the Panama Canal Authority

  The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement


Caterpillar to Stay in Peoria

Courtesy Caterpillar

  After a multiyear study focused on modernizing its global headquarters, Caterpillar Inc. today reaffirmed it will remain in Peoria, Illinois, and revealed a design that will eventually span 31 acres on the city’s riverfront. The key elements of the campus are:


CMA to Host Cyber Security Panel

U.S. Coast Guard, shipping industry professionals, to speak on cyber security issues at CMA Conference   Jeffrey G. Lantz, Director of Commercial Regulations and Standards for the United States Coast Guard’s Assistant Commandant for Marine Safety


VIKING Steps Up Pace of Innovation at SMM

VIKINGs multi-layer flagship immersion suit in hi vis yellow approved without a lifejacke

This year’s SMM in Hamburg will see VIKING release more innovations than at any other point in its 50-year history, including new developments in PPE clothing, safety equipment outsourcing, onboard training solutions, and evacuation systems


ABB Partners with Salesforce.com

logo

  ABB, the leading power and automation technology group, has signed a global agreement with Salesforce.com for sales and cloud-based services, offering more flexibility and real-time exchange of information in order to drive sales performance.


MHI to Establish New Global Business Innovation Arm

Image

  Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI) will implement changes to its Technology & Innovation Headquarters and Global Business Planning & Operations Headquarters. Topping the list of changes is the establishment of a new "Global Business Innovation


Shipping's GHG Emissions Down

Approaching ship: File photo

The total Green House Gas (GHG) emissions from global maritime transport are estimated to have been over 20% lower in 2012 than in 2007, according to "London Matters – the official Maritime London Newsletter", citing the International Chamber of Shipping (ICS).


G20 Targets New Global Energy Body

G20

  Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday.


Andrews to Lead CWind’s O&M Division

Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services.   Andrews joins CWind from Siemens Energy where he started his career as an apprentice technician 25 years ago and progressed through increasingly senior


Inmarsat Maritime Takes Distribution Partner

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  Inmarsat has appointed SpeedCast International Limited (SpeedCast), a leading global network and satellite communications service provider, as a Distribution Partner (DP) for its flagship maritime service, FleetBroadband, and Fleet One


MacGregor Appoints 2 New VPs

Nick White

  MacGregor is presently building its new Global Lifecycle Support organisation to develop and enhance customer service both in the merchant shipping and offshore markets. The installed base of MacGregor's product portfolio of strong MacGregor, Hatlapa, Porsgrunn


UN Climate Talks Head for Watered-down Deal

  United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughest issues for next year's Paris summit. Peruvian Environment Minister Manuel Pulgar-Vidal, hosting the talks


Investors Gamble Forest Preservation Will Pay Off in Carbon Markets

  Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets. London-based Permian Global said on the sidelines of U.N


Panama Canal Polls Industry on Proposed Fees

ACP Administrator/CEO Jorge Luis Quijano (Image: Courtesy ACP)

ACP touts new Toll Structure as reflecting value of route and better customer service. The Panama Canal Authority (ACP) has announced a proposal for a new toll structure, following more than a year of informal consultations with representatives from various industry segments.






 
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