Ship Supply

Wrist Seals Record Deal

Wrist Ship Supply, part of the Wrist Group, announced the acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America - the largest ship supply organization in North America. The move represents the largest deal in the Wrist Group’s corporate history, and provides the organization with a major footprint into the U.S. and Canadian markets. The acquisition marks Wrist Ship Supply’s fifth deal in the past 12 months, and continues Wrist Group’s strategy of controlled global expansion. The Group now has a significant presence in all key global regions in Europe, The Far East, Middle East and the Americas.  OneSource has a turnover of $120m and employs 259 people.  As part of the acquisition, the previous owners of OneSource will remain on the management team and as shareholders in Wrist.  Jubi Hillery, President, World Ship Supply will oversee the combined entity in North America, which will be headquartered in Houston, and David Cocklin, President & CEO of Karlo Corporation, and Charlie Michelson, President of West Coast Ship Supply, will also remain in senior management positions in the new entity.

Wrist Ship Supply Strengthens Global Progam

World's largest ship supplier continues to expand customer management network. Wrist Ship Supply has appointed another dedicated global key account manager, based in Norway, as it continues to develop its operational network for customers. The complex procurement processes involved in providing food and other consumables to service hundreds of vessels at sea and managing the growing red tape and regulation around port and customs delivery access

Maersk Gains From US Military shipments

Maersk gains from US military's US$ 11.5 billion war shipments Maersk, owner of the world’s largest shipping line, has benefited the most from the U.S. military’s dependence on commercial lines, according to a report in 'Longshore & Shipping News'. The company, based in Copenhagen, received almost half the military’s $1.82 billion in contracts last year to ship supplies and equipment around the globe, most of it tied to Iraq and Afghanistan

Unitor Secures Significant Orders

Unitor, Norway's international ship supply specialist, has garnered its largest ever single order for ships equipment with a $6.8 million contract from Poland's Stocznia Szczecinska SA (Szczecin Shipyard) for nitrogen generator systems for eight 40,000-dwt chemical tankers under construction at the yard. The order encompasses the delivery of Unitor's 35-ton, hollow-fibre, air separation nitrogen generator system, to each tanker comprising four 360 kW compressors and nitrogen generators

Rolls-Royce Delivers Waterjets for US Navy LCS

Rolls-Royce delivered the Axial Mk1 waterjet for the latest Freedom-variant of the Littoral Combat Ship (LCS) class, currently under construction for the U.S. Navy. This delivery marks the successful completion of the Office of Naval Research’s (ONR) Future Naval Capabilities (FNC) program for “Compact, High Power Density Waterjets”.  This new  waterjet will now be standard equipment for all future Freedom variants of the Littoral Combat Ships supplied to the U.S

Wrist Group Launches New Trading House

Dynamic Oil Trading launched to meet the fast paced demands of the shipping industry – without limitations. Wrist Group, one of the world’s leading ship services companies, has announced the launch of Dynamic Oil Trading, a new global trading company for marine fuels and lubricants.  Headquartered in Singapore, Dynamic Oil Trading will work with all aspects of the shipping industry, building close relationships with ship owners, operators, brokers, traders and suppliers

Market Report: Long-Term Healthy LNG Ship Demand

The healthy LNG ship newbuilding orderbook is likely to continue through to the end of this decade. An additional 50 new ships will be required for delivery in-service within the next 10 years provided LNG growth continues at eight percent. This was amongst one of a number of detailed conclusions from recent research into LNG ship supply and demand, the results of which were presented recently at the North American LNG conference in Houston by Graham Marshall, V.P

Keppel Opens Nantong Shipyard

Unveiling the sculpture, Soaring with the Can Do spirit, to commemorate the inauguration of Keppel Nantong Shipyard are Mr Luo Yi Min, Party Secretary of Communist Party of China (CPC) Nantong Committee and Mr Lim Chee Onn, Executive Chairman of Keppel Corporation. Keppel Offshore & Marine Limited (Keppel O&M) has officially opened its new wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong), in Nantong, Jiangsu province, China.

USNS Bridge Completes UNREPS with 9 Ships in Persian Gulf

By Mass Communication Specialist Seaman Joshua Cassatt, Commander, U.S. Naval Forces Central Command/Commander, U.S. 5th Fleet Public Affairs USNS Bridge (T-AOE 10) conducted underway replenishments with nine U.S. ships June 1-3 in the Persian Gulf. More than 865,000 gallons of jet fuel, 2.3 million gallons of diesel fuel, 560 pallets of food, ammunition and stores were transferred over the three-day period. It was an undertaking that didn’t intimidate the crew of Bridge in the

Teekay Shipping: Staying One Step Ahead

Events of the past two years -- headlined by the Asian financial crisis, supported by falling oil demand and punctuated by OPEC's production cutbacks to buoy per barrel pricing -- have conspired to throw and keep the tanker market into a historical abyss. In an industry renowned for its ups and downs, this was a "down" for the record books. Consequences of poor rates for the transport of oil products have and will be debated for years, but relying on the cliché, "if it doesn't kill you