U.S. Shipping Partners L.P announced that it has entered into a long-term charter agreement with BP for a new double-hulled product tanker being built for U.S. Shipping Partners' tanker joint venture by General Dynamics NASSCO in San Diego. This vessel is due for delivery in early 2009 and will be employed by BP in the U.S. domestic coastwise trade. The ship is the first in U.S. Shipping's new series of nine vessels.
ExxonMobil Marine Fuels (EMMF) has introduced a product quality guarantee covering all bunkers supplied direct to clients. It will be marked by a new product quality guarantee logo on EMMF delivery documentation. Peter Healey, director of EMMF, says, "We observe rigorous product quality standards in all our refineries and terminals throughout the world. We also set extremely high standards in the industry for both our own and all contracted barge operations
Martin Toyen, formerly chief operating officer, has been promoted to president of Seaworthy Systems. Toyen, who has been with Seaworthy Systems since February 1979, will assume the day-to-day operation of the company and its subsidiary corporations. He will also assist in new product/services development as well as strategic planning issues.
Northrop Grumman Corporation has appointed Robert W. Klein vice president of Maritime and Tactical Systems (M&TS). He manages both the diverse range of current products in the M&TS portfolio and the development of new products for this domestic and international market segment. Klein leads a team that integrates sensors, systems, platforms, weapons, and networks into unique products. It is developing and producing several systems that detect or destroy mines at sea or on the
Red Spider, the Remote Open Close Technology specialist, has completed its biggest-ever deal with work valued at £1.5million to supply new products for well completion operations. The agreement involves Red Spider supplying eRED-FB products with deployment scheduled for this summer in the UK North Sea. The eRED-FBs will be used for a series of subsea dual ESP (Electric Submersible Pump) wells and will allow the removal of all wireline runs from the completions operations.
Hempel launches high-solids versions of their Globic, Oceanic and Olympic antifoulings, which offer optimised features and stronger ROI. The new versions, Globic 9000, Globic 6000, Oceanic+ and Olympic+, have been optimised to offer the benefits of high-solids. Reflecting Hempel’s commitment to investment in R&D, they offer optimised binder systems, polishing rates, biocides and solids levels. In addition, they also feature microfibre technology
Horizon Marine has added a new Web Mapping Service (WMS) to its suite of web-based mapping products available to Eddy Watch subscribers. This new product allows clients to import Horizon Marine’s proprietary data into their own Geographic Information System (GIS). These data layers include tropical storm tracks, GPS drifter data, Loop Current and eddy fronts, satellite imagery, and forecast charts. Once the Horizon Marine WMS has been added to an end user’s GIS
Navionics SpA announced the release of a new product line, XL Charts, consisting of larger charts covering Europe. The new XL Charts are two to three times larger than previous products, which include new areas, and features a complete update of all existing coverage areas. New XL Charts for the U.S. were released last month, while other areas such as Canada, Central and South America, Australia and New Zealand will be available by the end of January 2002
Government and business publish a long-term strategy that will strengthen the UK’s position in the offshore wind industry. The multi-million pound investment has the potential to unlock £7 billion in the economy by 2020. The UK currently has more offshore wind power than the rest of the world combined. The offshore wind industrial strategy aims to grow UK supply chain manufacturing so that more of the work and jobs can be done here.
Willard Marine announced the appointment of Karen Jacquelin as director of marketing earlier today. Jacquelin will be responsible for leading Willard Marine’s product and brand marketing strategy, including all advertising, public relations and event marketing initiatives. She will be based out of the company’s corporate offices in Anaheim, Calif. Jacquelin brings more than 20 years of integrated brand advertising, marketing
Chant Engineering announced that business partner DLM has introduced a new product for the International Shipping Industry: the Twistlock Load Cell and Container Load Monitoring System. To increase the safety of cargo ships at sea
Marine electronics group Navico, a literal ‘house of brands’ for the recreational, sail, power and commercial marine markets, is making a strong push in the commercial sector with its Simrad brand. Armed with a stockpile of new technology and a global network of sales and support
As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group
Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the heart of the global shipping industry for centuries, the two companies said on Wednesday.
Eco Marine Power (EMP) has announced that it has entered into a sales and support agreement with Jastram Technologies Ltd. of Canada. This agreement paves the way for EMP to begin offering a wide range of products and services to the Canadian shipping and offshore sector.
Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CD-adapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines including Fluid
Hiab, part of Cargotec, reports on the results of the iLoad project, which received EUR1.4 million funding from the EU's Industrial and Academy Partnerships. The two main outcomes of the project are Model Based Design and light weight design.
Elcome International, the leading marine solutions provider and system integrator in the Middle East and one of the largest marine technology companies in the world, will showcase a full array of the latest technologies at the Dubai International Boat Show next week.
Drew Marine, a provider of technical solutions and services for the maritime, defense and aviation industries, announced its acquisition of NAL Research Corporation, a designer and manufacturer of Iridium tracking and communications equipment
Sherwin-Williams Protective & Marine Coatings was awarded the Steel Tank Institute (STI) 2015 Affiliate New Product of the Year for its EnviroLastic Polyaspartic coatings at STI’s annual meeting in partnership with the Steel Plate Fabricators Association.
Black-Box Class B AIS Transponder is First to Provide Built-In MOB and Anchor Alarm Functionality Vesper Marine announced today that its XB-8000 Class B AIS has a software update available for all new and existing owners, incorporating new features and capabilities to enhance marine safety.
Terex Port Solutions (TPS) has acquired the assets of the terminal tractor product line from CVS Ferrari S.R.L. (CVS), which has been part of Manitex International, Inc. since 2010. The acquisition strengthens TPS’ position as a leader in integrated solutions for ports and terminals
Ideal Tech Labs has Entered Navis’ Development & Service Solutions Partner Program Ideal Tech Labs is an idea accelerator and technology partner for startups, mid-market and enterprise customers. Together with its global clients
ECU Line, Econocaribe and China Consolidators undergoes rebranding to build a Global Brand Connect India’s integrated logistics solution provider Allcargo Logistics Ltd announced the rebranding of its global subsidiaries, ECU Line, Econocaribe and China Consolidators to ECU Worldwide
The PPG protective and marine coatings business is introducing and highlight the new PHENGUARD Subsea coating system. The new product combination of PHENGUARD Subsea 610 coating and PHENGUARD Subsea 780 coating is an ideal two-coat subsea system with high-temperature resistance up