Marine link

Strategic Alliance

Volvo Penta Signs Agreement with Garmin

AB Volvo Penta and Garmin Ltd have entered into a joint development and marketing strategic alliance to provide instrumentation, navigation and communication equipment for marine use. Volvo Penta and Garmin will jointly develop marine instrumentation, navigation, and communication equipment, which will be marketed in a complete customer offer for fully integrated drive systems and instruments. "The Volvo Penta and Garmin strategic alliance  will provide our mutual  customers access to state-of-the-art communication technology and a complete programme of multifunctional instruments which will significantly strengthen our world-leading position when it comes to complete, integrated drive systems for boats," said Göran Gummeson, President of Volvo Penta.   As electronic systems continue to gain ground in the marine sector, the propulsion system in boats is being increasingly integrated in the driver's environment. Volvo Penta is linking engines and transmissions with instruments, controls and accessories in the electronic platform known as EVC, Electronic Vessel Control. Using this electronic platform, Volvo Penta has been able to deliver products including the joystick and the Dynamic Positioning System. Volvo Penta's and Garmin's joint products will be introduced successively, starting in 2012.

McDermott, Bay Begin Alliance at Harbor Island Facility

J. Ray McDermott, Inc., a subsidiary of McDermott International, Inc., and Bay Ltd. have formed a strategic alliance to pursue fabrication projects in the offshore oil and gas industry, using McDermott's Harbor Island facility near Corpus Christi, Texas. Under the alliance, J. Ray McDermott will provide overall project management, engineering and procurement services, as well as the assembly areas, lifting equipment dredged slip and bulkhead at Harbor Island.

Smit In Talks With Rivtow

Smit International is in talks to buy Canada's Rivtow Marine, a harbor towage service and transport firm active in Canada and the U.S. No financial details of the planned takeover were immediately available. Smit International also said it would boost its stake in Belgium's Salvage & Towage Union to 49 percent from 26 percent for an undisclosed sum. In addition the company said it was discussing further developing a strategic alliance with Salvage & Towage Union

AMSC, HHI Expand Wind Power Alliance

American Superconductor Corporation, a global power technologies company, and South Korea-based Hyundai Heavy Industries Co., Ltd. (Korean Stock Exchange: HHI) announced that they have expanded their strategic alliance to include the joint development of a five megawatt (MW) full conversion wind turbine primarily for use in the burgeoning offshore wind industry. Under the terms of the alliance, the five MW wind turbine design will be jointly developed by HHI and AMSC's wholly-owned AMSC

Evans Cooling Systems, Strategic alliance with Hydra Tech

Evans Cooling Systems, Inc. announced a strategic alliance with Hydra Technologies Limited (Hydratech), to manufacture and market Evans unique range of waterless engine coolants in the UK and Ireland. Evans developed and patented waterless engine coolants to solve overheating problems in high performance applications and heavy duty diesel trucks, and recently expanded into the stationary engine industry. Evans coolants improve fuel economy, reduce maintenance costs

Florida Inland Port Forges Alliance with JaxPort

This and recent agreements with Port of Miami and Port of Palm Beach solidify Florida Inland Port’s position as the premier inland port / integrated logistics center serving the southeastern U.S.     Florida Inland Port today announced the signing of a Memorandum of Understanding (MOU) that creates a strategic alliance with the Jacksonville Port Authority (JAXPORT).  The alliance between one of Florida’s largest seaports and the state’s first rail-oriented

Brunswick Marine Innovation Center Opens In Singapore

Brunswick New Technologies (BNT) is preparing to test and pilot a new generation of electronics solutions for the marine and recreational industries at its Marine Innovation Center opening today in Raffles Marina, Singapore. "We believe this latest venture in Singapore will further solidify and extend our leadership efforts in marine innovation by enabling Brunswick New Technologies the opportunity to test its applications in real-world situations," said George W

YSS, Gagasan to Buy Tankers

YAYASAN Sabah Shipping (YSS) and Gagasan Carriers Sdn Bhd (GCSB) have formed a joint-venture company, under which it will acquire two new chemical tankers costing $39 million. The formation of the joint-venture company, GS Tankers Sdn Bhd, is the culmination of a four-year strategic alliance between YSS and GCSB in managing and operating YSS' first chemical tanker, Danum. A joint-venture agreement between YSS and GCSB was formalized in Kota Kinabalu, Sabah.

N-KOM, Wärtsilä Ink Repair Agreement

The MoU was signed by CEO of N-KOM Chandru Rajwani (right) and Seppo Hautajoki (left) Managing Director of Wärtsilä Doha LLC & Wärtsilä Gulf FZE (Dubai). (Photo: N-KOM)

Nakilat Keppel Offshore & Marine (N-KOM) and Wärtsilä have signed a Memorandum of Understanding (MoU) agreeing to work together to increase business opportunities in repair and maintenance services for marine and offshore vessels, as well as onshore structures at the shipyard.   N-KOM’s CEO Chandru Rajwani said, “N-KOM is always on the lookout for longterm strategic alliances to further our business interests

Robotics Ocean Monitoring Alliance Formed in Africa

Slocum glider off Cape Town (Photo: BOM)

Blue Ocean Monitoring enters into strategic alliance with Sea Technology Services   Blue Ocean Monitoring (BOM) announced that it has entered a strategic business alliance agreement with Sea Technology Services (Pty) Ltd (STS). Under the alliance, BOM will initially base one of its Slocum Gliders in Cape Town to be deployed on regional ocean monitoring programs, with STS providing associated marketing and engineering support services.  Additional gliders are available

Battery System Selected for Largest Electric Ferry

Swiss battery manufacturer Leclanché was selected as a battery system supplier to the world’s largest battery operated ferryboat to be built by Danish shipbuilder Søby Shipyard Ltd. The ferry will enter service in June 2017 to transportation of vehicles and passengers between

Drydocks World Completes World’s Largest Turret

Drydocks World marks key milestone in completing the worlds largest turret

  Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system with His Highness Sheikh Ahmed bin Saeed Al Maktoum, President

US Sanctions Put Gazprom-Shell Alliance Plans in Jeopardy

Royal Dutch Shell's plans to build a strategic alliance with Russia's Gazprom could be in jeopardy after the United States added one of Gazprom's biggest gas fields to its list of Russian sanctions on Friday.   Shell and Gazprom signed an agreement in June to develop a strategic alliance in

McQuilling Joins Forces with Jones Trading

Marine services company McQuilling announced today a strategic alliance between McQ Holdings and U.S. block equity trading firm JonesTrading Capital Markets Group to provide a capital markets platform to the transportation industry.    

Drydocks World to Repair “High Island IV”

The contract signing for the “High Island IV” was  held in Dubai Maritime City in the presence of His Excellency Khamis Juma Buamim, Chairman of Drydocks World and Maritime  World, and Mr. Kurt Hoffman, Chief Operating Offi

  Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas, and energy sectors, has been chosen to carry out the drydocking and repairs of the jack-up “High Island IV” for Shelf Drilling

SERS Partners IEMS for Enhanced Oil Spill Response Services

Enhanced Oil Spill Response Services

  Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe

Zamakona, Finnish GS-Hydro Ink Deal

Presentation ceremony of the agreement between Zamakona and the Finnish GS-Hydro

  The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.

UASC Expands in South America

Extension of relationship with local agency partner, Ultramar, marks next phase of UASC’s growing presence in South America

  United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has today appointed The Ultramar Group as its local liner shipping agency partner in Brazil, Argentina and Uruguay. This appointment is the latest milestone in UASC’s expanding

ABB, Samsung SDI JV to Develop Microgrids Globally


  ABB and Samsung SDI have signed a Memorandum of Understanding to promote microgrid solutions globally. The two companies will establish a global commercial alliance to develop and market modular and scalable microgrid solutions, utilizing lithium-ion batteries for energy storage.

Drydocks World Completes NDC Rig Repair

Photo: Drydocks World

Drydocks World informs it has completed a refurbishment project on the National Drilling Company’s (NDC) offshore drilling Rig Beynouna.   Drydocks World’s rig services and offshore project management methodology turned around the major repair on Rig Beynouna ahead of schedule

Antwerp Port Expands Activities in India

Courtesy Port of Antwerp

  Port of Antwerp International (PAI), the international consulting and investment subsidiary of the port of Antwerp, and APEC, maritime training and education, conduct their activities in India strongly. Recently, under the impetus of the Indian Ministry of Shipping

Partnership Offers Real-time Maritime Tracking

exactEarth and Harris Corporation form strategic alliance to provide real-time global maritime tracking and information solutions    Satellite Automatic Identification System (AIS) data services provider exactEarth Ltd.and space, geospatial and remote sensing solutions company Harris

Harris Pye Engineering, Grand Bahama Shipyard Partner

Harris Pye Engineering has announced  the recent alliance with Grand Bahama Shipyard Ltd. The two companies met in Miami at the Cruise Shipping Exhibition and discussed a working relationship earlier this year, which was continued through further discussions during OTC in Houston.

Ports of LA, Auckland, Guangzhou Form Alliance

Ambassador Vilma Martinez, left, President of the L.A. Harbor Commission, signs agreement along with Yuan Huahui, center, Deputy Director-General of the Guangzhou Port Authority, and Sanchia Jacobs, Manager Global Partnerships & Strategy, Auckland Council. Photo: Port of Los Angeles

 The Port of Los Angeles, Ports of Auckland in New Zealand and Guangzhou in China have signed a memorandum of understanding (MOU) a ground-breaking Tripartite Economic Alliance for promoting closer ties.   “The port of Los Angeles looks forward to collaborating with the ports of

Peel Ports, JNPT in Historic Partnership

(From L to R) Neeraj Bansal, Chairman, JNPT with Peel Ports, Chief Executive Officer, Mark Whitworth at The Signing of the Letter of Intent between JNPT & The Peel Ports Group in Mumbai on June 12, 2015.

  At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust

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