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 $120m and employs 259 people. As part of the acquisition, the previous owners of OneSource will remain on the management team and as shareholders in Wrist. Jubi Hillery, President, World Ship Supply will oversee the combined entity in North America, which will be headquartered in Houston, and David Cocklin, President & CEO of Karlo Corporation, and Charlie Michelson, President of West Coast Ship Supply, will also remain in senior management positions in the new entity.
World's largest ship supplier continues to expand customer management network. Wrist Ship Supply has appointed another dedicated global key account manager, based in Norway, as it continues to develop its operational network for customers. The complex procurement processes involved in providing food and other consumables to service hundreds of vessels at sea and managing the growing red tape and regulation around port and customs delivery access
Maersk gains from US military's US$ 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, 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 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
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
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
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.
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
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
FMC Technologies, Inc. to support Shell's ultra-deepwater project in the Walker Ridge area of the Gulf of Mexico. Stones is located approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water.
Wärtsilä was contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited's Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9,000-kW system will be used to heat the 43-km subsea
At the 27th Annual Asian Freight and Supply Chain Awards of Cargonews Asia, Hamburg Süd was awarded the title “Best Green Service Provider - Shipping Line” for the second time after 2012. The award ceremony took place in Beijing on May 9 in front of some 300
Colfax Fluid Handling, a business of Colfax Corporation, was awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside structures from offshore platforms. With a lifting capacity of up to 48,000 tons
Inchcape Shipping Services (ISS) announced the appointment of Les Morris to a new role as Senior Vice President Global Sales. The new position has been created to deliver a global key account management and sales excellence program for customers and will involve developing mutually
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has opened an office in Brazil creating the potential for future work in the area. The new base follows on from £10 million of contracts being secured in the region
SBS Worldwide appointed Mike Barber as General Manager – Manchester. He will help SBS continue building the full range of forwarding and supply chain services it offers in the north of the U.K. Mr. Barber has 40 years’ experience in the forwarding and logistics industry
BAE Systems holds a keel laying ceremony for the first of 4 platform supply vessels for Jackson Offshore Operators. The new vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems continued growth in U.S
TY Offshore, LLC launched the FMT 3256, the eighth of eighteen 297’6” x 54’ x 12’, 30,000 barrel tank barges for FMT Industries, LLC, one of the several companies within the Florida Marine Group. FMT Industries recently exercised its option for four additional barges from
Buckley McAllister, President of McAllister Towing & Transportation, announced the Maine Port Authority has selected McAllister as its partner for the design of a containerized articulated tug barge (ATB) for the New England Marine Highway Project.
Maine Port Authority selected McAllister as its partner for the design of a containerized articulated tug barge (ATB) for the New England Marine Highway Project, according to Buckley McAllister, President of McAllister Towing & Transportation.
MacGregor offshore winches for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three shipyards. MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards, Fujian Southeast, Fuzhou Baima and Guangdong Yuexin Ocean Engineering
FMC Technologies receives subsea equipment order for ExxonMobil's Julia Development field. The Julia field is located in the Gulf of Mexico Walker Ridge area in approximately 7,000 feet (2,100 meter) water depth. FMC Technologies' scope of supply includes six subsea trees
The first Mobile Landing Platform ship, 'USNS Montford Point' (MLP 1), built by General Dynamics-NASSCO, accepted in San Diego, Calif. The Mobile Landing Platform is a new class of ship and highly flexible platform that will provide capability for large-scale logistics movements such
U.S.-flagged container ship ‘National Glory’ kicks off the new service when she departs Houston for San Juan May 29, 2013. The new 14-day service, which is being provided by National Shippers of America (NSA), is called "Isla Verde Express" and will provide customers