COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply. Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts, has signed a share purchase agreement with COSCO Europe GmbH to acquire the entire issued share capital of its wholly-owned subsidiary, Hanyuan Technical Service Center GmbH. The consideration of the acquisition amounted to EUR1,180,000 (equivalent to approximately HK$11,977,000). Upon completion of the acquisition, Hanyuan will officially become the first wholly owned subsidiary of COSCO International in Europe, which marks a crucial step to expand its global presence of supply services of marine equipment and spare parts outside Asia.
MAN B&W Diesel Service in Denmark has revamped its level of customer service with a free tracking system Extranet service enabling customers who are buying original MAN B&W Diesel spare parts, with the ability to track their orders from their desktop. Those ordering the spare parts for the engine manufacturer's two- and four-stroke engines will benefit by being able to follow any spare part order from the moment it is shipped to the arrival at its destination
The Swiss company B2B Netservice Ltd. is now offering a business-to-business Internet platform using reverse auction techniques. Planned for unveiling in Hamburg and ready for operation on November 1, 2000, mespas.com will enable buyers and suppliers of maritime engine spar parts to meet on the Internet. The goal of the new platform is to simplify the procurement of bids by buyers of maritime engine spare parts, and, at the same time, to provide suppliers a new sales venue for their products
After completing sea trials off the southern California coast, dry cargo/ammunition ship USNS Sacagawea (T-AKE 2) was delivered to the U.S. Navy’s Military Sealift Command (MSC) on Feb. 27. The ship, designated T-AKE, is the second in a new class of combat logistics force ships and is able to deliver ammunition, provisions, stores, spare parts, potable water, and petroleum products to the Navy’s carrier and expeditionary strike groups and other Naval forces.
Kvichak Marine Industries, Inc. acquired MARCO Pollution Control, a leader in the design and manufacturing of oil spill recovery equipment. With this newly added division Kvichak will expand its product offering for its existing line of all-aluminum vessels used in the spill recovery industry – many of which utilize the MARCO Filterbelt module as the primary recovery platform. “We saw this purchase as a perfect fit for Kvichak,” said company president, Keith Whittemore
SpecTec Group has signed an agreement with diesel engine company Wärtsilä whereby Wärtsilä will become a value-added distributor of SpecTec's AMOS software product range. The agreement marks the beginning of a partnership with the two companies co-operating to enable the delivery of fully integrated CMMS (Computerised Maintenance Management Systems), which includes e-business and electronic documentation. Thomas Falck, SpecTec's CEO and Managing Director
BOURBON optimizes Class Dockings for its vessels with new organization Bourbon Docking. Located in Dubai, this new organization will strengthen BOURBON’s vessel maintenance program, allowing the Group to reach its 2015 target rate of 95% vessel availability. According to BOURBON 2015 Leadership Strategy plan, the Group’s growth strategy is based on the mass-building of vessels in series. This initiative substantially reduces costs
Raytheon Anschütz is expanding its presence in the U.S. navigation systems market with the opening of its San Diego, Calif.-based operations in January 2012. The business area will be co-located at Raytheon’s established facility, dedicated to the development and delivery of naval and maritime systems and technology. With the new office, Raytheon Anschütz focuses its capabilities in providing navigation systems and customer support to the U.S. maritime industry. The U.S
The National Shipping Company of Saudi Arabia (Bahri) and Saudi Electricity Company (SEC) signed a Memorandum of Understanding (MoU) for a period of five years, appointing Bahri to transport all the equipment, tools, spare parts and products imported from outside by SEC. The MoU, signed by Engr. Ibrahim Al-Omar, CEO of (Bahri) and Engr. Ziad Al-Shiha, CEO of (SEC), aims to support strategic resettlement of projects for electrical industries and exchange of experiences between the two
Germany's Rheinmetall Group to supply 12 fire control radars & 6 electro-optical systems for six new patrol boats. Together with spare parts and training, the order also includes a transfer of know-how to Malaysia, which will enable local industry to take an active part in the project. Delivery of the systems will commence in 2015 and continue through to 2020. The Malaysian Navy’s new “Second Generation Patrol Vessels Littoral Combat Ships” (SGPV LCS)
A keel laying ceremony was held at Fincantieri’s shipyard in Riva Trigoso (Sestri Levante, Genoa) for a Logistic Support Ship (LSS), as construction work continues on the first unit of the Italian Navy’s fleet renewal plan, which has been commissioned to Fincantieri
OEM Group has secured a two-year contract worth up to £1 million with Go Marine to deliver engine support services to its fleet of vessels operating across the world for the oil and gas industry. Under the global technical support and services agreement
Gibraltar’s Gibdock shipyard has completed an extensive package of work on Solstad Shipping’s Normand Cutter. The 127m long, 10,979grt construction support vessel (CSV) left the yard on June 29th following a 22-day drydock programme
Damen Shipyards Group and Sydney City Marine have signed a Memorandum of Understanding (MOU) outlining the future cooperation of the two companies concerning the repair and maintenance of Damen-built vessels in Australia and New Zealand. The MOU lays the groundwork for expansion of Damen’s
ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia.
Venezuelan crude oil sales to the United States rose nearly 4 percent in May to 762,000 barrels per day (bpd) after declining since January amid falling output and delays at the country's main oil port, according to Thomson Reuters data on Tuesday.
Düsseldorf, Germany, 14 June 2016 – Terex Port Solutions (TPS) is continuing its success in India with its diesel-electric Terex Gottwald mobile harbour cranes. IRC Natural Resources Pvt. Ltd., which is part of the IRC Group (IRC)
Elcome International, supplier of turnkey solutions for marine electronics, electrical and safety systems for the world maritime industry, has invested in a expansion of its maritime service network with the opening of new facilities in Egypt, Sri Lanka and Singapore.
The design and technical features of Finland's newest icebreaker Polaris were presented on Monday, June 6, in Helsinki as part of the CIMAC World Congress. IB Polaris is the most environmentally friendly diesel-electric icebreaker ever built
MacGregor, part of Cargotec, continues to serve the busy Greek shipping industry from its new, larger premises at Akti Miaouli, which is in the heart of the Greek port of Piraeus. "We serve 1,500 Greek-owned vessels annually and handle over 4
Kalmar, part of Cargotec, and the Yilport Oslo Terminal Investments AS in Norway, have signed a long term service agreement for Kalmar Optimal Care. The order was signed on 1 February 2016 and the Kalmar services team has already started working at the terminal.
Construction of the first ship is expected to start by early 2017 with handover to the Indian Navy by 2023. The project scope includes 7 P-17A frigates, each equipped with two MAN 12V28/33D STC engines. The building yards are Mazagon Dock Shipbuilders Ltd
Four Damen SPa 1605 ballistic protected security patrol vessels have been delivered to C&I Leasing Plc, a player in the Nigerian offshore support vessel market. The patrol boats, which have already undergone sea-trials, will provide security patrol and escort services for LNG tankers calling
The Damen Shipyards Group informs it has signed a contract with the Dutch and Swedish Ministries of Defense for a seven-year, in-service maintenance contract covering a total of five tugs, all of which were purchased from Damen.
An independent study for ABB Turbocharging found that 87 percent of organizations work only or mostly with original equipment manufacturers (OEMs) for maintenance support and spare parts procurement. Benefits cited include reduced downtime and better parts availability according to the Forrester