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
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
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
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
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)
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
Electrochemical technologies firm De Nora has announced a brokerage agreement with MARCAS, a buying group for the maritime industry. The deal means that MARCAS members representing close to 1,700 vessels can access aggregate purchasing deals with De Nora for its BALPURE ballast water
The first digital application for condition-based maintenance of an ABB turbocharger has been developed for the new marine auxiliary turbocharger, MXPTM. Presented to the global marine industry at SMM 2016 in Hamburg, the MXP app is the first time ABB Turbocharging has developed a solution
At a signing ceremony at the SMM 2016 Marine Trade Fair in Hamburg, MAN Diesel & Turbo expanded its partnership with Mercy Ships, international provider of charitable healthcare. Under the terms of the agreement, MAN Diesel & Turbo’s after-sales division, MAN PrimeServ
Thordon Bearings’ US West Coast Distributor, Pacific Marine Equipment has successfully completed the installation of a pair of TG100 mechanical propeller shaft seals to Hornblower Cruises & Events’ 1000-passenger capacity twin screw flagship, Inspiration Hornblower.
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.
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.
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
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
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
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
The gas turbines aboard the Royal Australian Navy’s (RAN) new air warfare destroyer (AWD) Hobart have been commissioned. “This is a huge achievement for the project that everyone should be proud of,” said Michael Clements, Test and Activation (T&A) Manager.
Caterpillar Marine is establishing a new Marine Center in Singapore in the facility at 5 Tukang Innovation Grove previously occupied by Caterpillar Remanufacturing. The facility will bring together in one location almost 200 people employed by Caterpillar Marine in Singapore
Simultaneous attention to four offshore support vessels at Gibdock demonstrates that the Gibraltar yard is now a regional hub for this specialized repair, maintenance and renewal work, operating as a base for mobilisation and de-mobilisation projects.
Royal IHC informs it has completed the upgrade of the underwater pump and jet water system on trailing suction hopper dredger (TSHD) VOLVOX TERRANOVA for Van Oord. The renovation involved a complete engineering package, including a plan of repairs for the ship’s hull and
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