Singapore-based Wolong International has announced the signing of a licensing agreement with Fr. Fassmer Gmbh of Germany for the production of Wolong (Fassmer Licensed) totally enclosed lifeboats. The agreement, signed on October 1, 2001, serves to synergize the West and East. Production of the Wolong lifeboats is to b e carried out in China and is expected to commence within the month. Fassmer with this agreement will be providing the technical support to Wolong International in upgrading and improving the quality of its lifeboats.
FastShip has signed agreements for wholesale cargo commitments with international freight forwarders AEI Circle International, GeoLogistics and MSAS Global Logistics. The agreements state that the shipping companies must commit to purchase future cargo space on the company's high-speed trans-Atlantic service on a "take-or-pay" basis upon service commencement in 2003. The agreements closely follow the commitment by the French government to establish Cherbourg as the European hub for FastShip's
Reports indicate that Australian Attorney General, Philip Ruddock, today signed agreements to enhance maritime security and counter-terrorism. Ruddock, in London as part of a week-long visit to Europe to discuss security issues, signed the security protocols at a meeting with the secretary general of the International Maritime Organization (IMO), Efthimios Mitropoulos. He said they would significantly strengthen international efforts to counter terrorist threats to maritime security and
Estonia signs agreement with Primar Stavanger Primar Stavanger, the international Electronic Navigational Chart (ENC) center operated by the Norwegian Hydrographic Service, has recently signed a cooperation agreement with Estonia. The center now covers more than 80 percent of all ENCs available in Europe, reports marketing manager Rune H. Johnsen at Primar Stavanger. Estonia has already made 31 ENCs available, which indicate that the whole coast of this Baltic state is covered
Odfjell signed agreements with the Chuan Dong Shipyard to build a series of six plus four optional 9,000 dwt stainless steel chemical tankers for delivery in 2010-2012 at a total price of $180 million. These ships will operate in our regional trades in Asia and Europe, and will replace smaller vessels currently trading in these areas.
According to a Nov. 29 report from Bloomberg, China Shipping Development Co., the dry-bulk arm of the nation’s second-biggest shipping group, signed agreements to purchase eight 48,000 dead weight ton tankers for a combined $293m. The tankers are expected to be delivered from July 31 through Dec. 31, 2012. (Source: Bloomberg)
Algae-X International is pleased to announce its distribution agreement with Cummins Mid-South LLC. Cummins Mid-South is the Cummins Engine Distributor operating distribution centers throughout the States of Louisiana, Mississippi, Arkansas and Western Tennessee. Calvin B. Klotz, vice president of the Marine Division plans to integrate Algae-X Fuel Conditioners into the fuel systems for new engine packages, and to retro-fit Algae-X units into existing engine installations for Marine
Maritime Administrator Sean T. Connaughton and Will Jenkins, president of SeaRiver Maritime, Inc., today signed an agreement that will open up international experience opportunities for American maritime academy cadets. The training and experience cadets receive will give them more employment opportunities worldwide after they graduate. The public-private partnership represents a formal agreement to provide sea tours for maritime academy cadets onboard vessels trading internationally
Northrop Grumman Corporation's Integrated Systems sector has signed a technical assistance agreement with IZAR of Spain, Europe's second largest shipbuilder, to promote the U.S. Navy's Fire Scout vertical unmanned system for integration on the country's F-100 frigate. The Spanish Navy established a requirement for a precision weapon targeting system for new and existing frigates produced or upgraded by IZAR. As defined in this requirement
Liner shipping company Hapag-Lloyd has signed agreement for GAC Group to handle its vessels in Nigeria and Ghana Leading global liner shipping company Hapag-Lloyd has signed an agreement with the GAC Group to handle their vessels calling at ports in Nigeria and Ghana. Under the deal, GAC will act as full liner agents for Hapag-Lloyd, actively selling its liner services in the region, as well as providing a range of shipping agency and complementary services for its fleet.
PetroChina Company signs agreements with ConocoPhillips to take interests in W. Australian exploration assets & a JSA in China. Under these agreements, PetroChina will acquire 20% interest in the Poseidon offshore discovery in the Browse Basin
The Maritime Employers Association & the Longshoremen's Union Local 375 sign a new 6 year collective agreement. The Maritime Employers Association and Local 375 CUPE Longshoremen's have just inked a new collective agreement which will allow the Port of Montreal to continue its operations
Severn Trent De Nora sign agreements for distribution of marine & offshore water and wastewater treatment products in United States. The agreements are with Marine Systems Inc. (MSI) and AER Supply (AER) to serve as exclusive sales and promotional representatives for its electrolytic
U.S. Coast Guard ond Bureau of Safety and Environmental Enforcement sign agreement to improve offshore oversight. U.S. Coast Guard Rear Admiral Joseph Servidio, Assistant Commandant for Prevention Policy and Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged in the strategic cooperation that the two companies
Hess and PETRONAS sign partnership agreements to develop North Malay Basin Hess Corporation announces that it has signed agreements with PETRONAS to develop the North Malay Basin, located offshore peninsular Malaysia. “The North Malay Basin Integrated Gas Development Project is consistent
APM Terminals to grant USD$3-million for development of a new modern commercial fishing terminal at the Port of Callao, Peru. The local fishing industry had been concerned about potential displacement with the ongoing construction of a new expanded cargo facility at the port.
DP World orders cranes for its new Jebel Ali container terminal from international and local suppliers. DP World, UAE Region signs agreements with local and international companies for the supply of 19 Ship To Shore (STS) quay cranes and 50 Rail Mounted Gantry (RMG) cranes for its 4 million TEU
China Shipbuilding Industry Corporation (CSIC) signs agreement with Sansha Municipal Government to work on infrastructure energy & water resources. China's major ship-building conglomerate will start infrastructure, energy and water resources projects in Sansha
Tenneco and Cormetech sign agreement to design marine engine ultra-large diameter selective catalytic reduction (SCR) catalysts. The MARPOL Annex VI and EPA Tier IV regulations require an 80% reduction in NOx emissions, thus driving the need for engines to include aftertreatment strategies such
Union activists in India & Sri Lanka inspected flag of convenience vessels at ports across South Asia to help improve seafarers’ pay & conditions. Riding on the success of the first staggered week of action in October, dockers’ and seafarers’ unionists in India and Sri
Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors. With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size.
Wärtsilä, a solutions and services provider, has signed new licence agreements with seven of its long-term Chinese partners. CSSC (China State Shipbuilding Corporation) has been a Wärtsilä licensee since 1978, and four of its engine companies have signed new agreements
Representatives from the five multilateral institutions that have signed agreements for the financing of the Panama Canal Expansion Program took part in the annual visit organized to oversee the program’s progress. “This visit is part of the agreement signed between the Panama
BP signs agreement with Maersk Drilling to develop designs for a new breed of advanced technology offshore drilling rigs. The agreement is part of BP’s Project 20KTM, a multi-year initiative to develop next-generation systems and tools for deepwater exploration and production that are