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 has announced growth of more than 30% in its North American-based operation, in what it describes as a milestone for ship supply in the United States. The growth follows Wrist’s acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America – in 2010. The successful integration of the largest ship supply organization in North America has given Wrist a significant
Unitor, Norway's international ship supply specialist, has garnered its largest ever single order for ships equipment with a $6.8 million contract from Poland's Stocznia Szczecinska SA (Szczecin Shipyard) for nitrogen generator systems for eight 40,000-dwt chemical tankers under construction at the yard. The order encompasses the delivery of Unitor's 35-ton, hollow-fibre, air separation nitrogen generator system, to each tanker comprising four 360 kW compressors and nitrogen generators
Maersk gains from US military's US$ 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
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
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
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
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
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.
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
In light of the recent shipping vessel attack on the Suez Canal (Suez Canal Authority, August 31st, 2013), Nexus Consulting is announcing the release of recommendations for merchant vessels traveling through the canal. Background The Suez Canal Authority (SCA) has noted that an attack on a
SATS announced it has through its subsidiaries, SATS Airport Services and SATS-Creuers Cruise Services (SATS-Creuers), entered into a share purchase agreement to acquire the entire issued share capital of Singapore Cruise Center for S$110 million from Temasek.
Ship suppliers are managing to weather the economic storm by putting solid and vetted business partnerships ahead of any major move towards online procurement, according to the industry’s leading trade body. The International Shipsuppliers & Services Association (ISSA) said that while
The U.S. Navy's aircraft carrier USS George Washington (CVN 73) completes its largest replenishment-at-sea (RAS) ever with Military Sealift Command dry cargo and ammunition ship USNS Charles Drew (T-AKE 10). While RAS's are nothing new to the Sailors aboard George Washington
International Shipsuppliers & Services Association (ISSA) encourages members to adopt eco-friendly practices The International Shipsuppliers & Services Association (ISSA) is encouraging its members to implement green policies and achieve internationally-recognised environmental
UK=based Ships Electronic Services (SES) gains a £375,000 contract to supply all the navigation and communications equipment for two new Hybrid Ferries building at Ferguson Shipbuilders, Port Glasgow for Caledonian Marine Assets These will be the world’s first hybrid diesel
Wrist Ship Supply reported solid growth in market share and turnover following a year of focused consolidation. According to the company, its turnover reached DKK 2,447 million in 2011, an increase of 20% since 2010, and earnings before interest and tax (EBIT) increased by 45% to DKK 21.7 million
Clay Maitland, managing partner of International Registries LLC (which administers the Marshall Islands ship registry), Founding Chairman of the North American Marine Environment Protection Association (NAMEPA), member of the United States Coast Guard Foundation board and former Chairman of
As the demand for ship supply services off the island of Sri Lanka grows, so too has GAC Sri Lanka. The company has moved into new, bigger premises at Galle and Trincomaleeand opened a new branch in Hambantota to accommodate increased maritime activities and better meet its customers' needs.
Wrist Ship Supply launch 'Xena', to streamline the purchasing of consumable ship supplies, optimising vessel economy & improving health at sea. The Xena software is a menu-planning tool and electronic cookbook which provides ship owners with inventory control
With the North American ECA (Emission Control Area) now in force, Hans Staal, Branch Manager, OW Bunker USA explains the lessons that must be learned and why collaboration within the shipping supply chain is going to be key to meeting new regulatory challenges.
Rolls-Royce delivers advanced new Axial Mk1 waterjets for the latest US Navy Littoral Combat Ship (LCS). Rolls-Royce Axial Mk1 waterjets are very power dense, delivering more cavitation-free performance for their size and power than any other waterjet
Port delivery restrictions to ships are forcing ship suppliers to use barges for the supply of ship stores – resulting in hundreds of pounds of increased logistic costs, warns the UK’s leading ships chandler Hutton’s.
As shipowners anticipate the Maritime Labour Convention (MLC) seafarer welfare regulations, Wrist Ship Supply, says it has experienced growing demand for its menu-planning software programme, WristXena. Aimed at streamlining the purchasing process for consumable ship supplies
Hutton’s, a U.K. ship supplier, will unveil its new Product Guide at this week’s IMPA trade show in London from September 11-12, 2013. The new Product Guide is available online, downloadable from the web and in electronic format on USB sticks – a clear sign that Hutton’s