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Successful Year

AIDA Celebrates Record Year

AIDA Cruises achieved an exceptional increase in its annual results for the business year 2005. With a turnover of € 375 million and a total of 233,000 passengers, AIDA Cruises has had its most successful year since the company was founded. Around 10% more guests spent their holiday on board an AIDA Club Ship than in the previous year 2004. Sales also rose from € 370 million to € 375 million. The increase in turnover is lower than that for passenger numbers on account of a considerable reduction in flight volumes. AIDA Cruises has initiated a number of major investment projects during the last financial year with, for example, three new AIDA vessels being built at the Meyer Shipyard in Papenburg at a cost of € 945 million. The steelwork has already commenced in October of this year and the first ship will be laid down in March 2006. The new AIDA vessels will be delivered in the spring of 2007, 2008 and 2009, ensuring an 80% expansion in the capacity of the AIDA fleet by the year 2009. With its four AIDA Club Ships and total capacity of 5,400 beds, AIDA Cruises is the undisputed market leader for sea cruises in Germany. The rapidly growing company, which is part of the Carnival Group and based in the Baltic city of Rostock, currently has 2,400 employees from 25 different countries. The workforce will increase to around 4,000 by 2009


SCA Announces New Chair/Vice Chair

The Shipbuilders Council of America (SCA) announced that Herschel Vinyard, vice president at Atlantic Marine Holding Company, has been elected its new chair. Mr. Vinyard takes the leadership role of the Council after two successful years that saw increased membership and an expansion of services provided by the SCA under the chairmanship of Steve Welch, CEO and President of Todd Pacific Shipyards. Chris Bollinger, executive vice president of Bollinger Shipyards


Tanker Orders Flood in For Chartco

ChartCo, has taken more orders for its ChartManager service from tow major tanker fleet owners. Greek company Avin International is the third major Greek shipping company, to sign up as a ChartCo customer while ChevronTexaco Shipping Company has signed up to ChartCo’s service following successful trials on two of its vessels. Avin International, a tanker operator active in the shipment of crude oil and petroleum products


NOL Group Announces New Appointments

Move is part of APL and APL Logistics growth strategy in region , 2 April 2008: Global container shipping, terminals and logistics group Neptune Orient Lines (NOL) has announced a series of key appointments in the fast-growing region. The new Vice-President for the region is Gene Seroka. He is responsible for the overall management of NOL’s APL, APL Terminals and APL Logistics businesses throughout the Middle East from the Group’s regional HQ in .


Conrad Industries 2008 Results

Conrad Industries, Inc. (Pink Sheets: CNRD) announced its fourth quarter and twelve months 2008 results. For the quarter ended December 31, 2008, Conrad had net income of $7.1m and earnings per diluted share of $1.09 compared to net income of $6.3m and earnings per diluted share of $0.86 during the fourth quarter of 2007. The Company had net income of $23m and earnings per diluted share of $3.29 for the twelve months ended December 31, 2008 compared to net income of $19


DT&F: Expanding New Yacht Construction Business in U.S.

DT&F_Sorcha_152_crop1 web.jpg

Following its assessment of activity at this year’s Monaco Yacht Show, Dwight Tracy & Friends Yacht Sales announced expansion of its program for representing new construction shipyards, both in the U.S. and Europe.  According to DT&F founder and CEO Dwight Tracy, “The current strength of the euro against the U.S. dollar, and the current situation in our domestic new yacht market, makes this a time of opportunity for European yacht buyers in search of first-quality


Detroit Diesel, Volvo Penta Collaboration Concludes

Detroit Diesel Corporation (DDC) and Volvo Penta of the Americas (VPA) have announced a mutual agreement to conclude their successful four-year collaboration which provided Detroit Diesel distribution rights for Compact and 6-16 liter inboard diesel engines and parts in North America. Effective February 1, 1999, Compact diesel inboard engines from 10-102 hp as well as 6-16 liter diesel inboard engines from 318-770 horsepower were transitioned back to VPA for engine, parts, sales, distribution


Wärtsilä's R&D Chief Paro Retires

Senior Vice President Daniel Paro (60), who has played a decisive role in the development of Wärtsilä's current engine portfolio, retires on March 1, 2006. Paro was head of the Research Center in Vaasa and also Wärtsilä's entire engine development activities in the 1980s and 1990s, the period during which current successful products like the Wärtsilä 32 and Wärtsilä 46 were developed. Additionally, he has had a decisive impact on the introduction of gas and common-rail technologies in


McMoRan Completes Test in Gulf

McMoRan Exploration Co. has completed a successful production test at its Flatrock discovery located in the South Marsh Island section of the Gulf of Mexico. According to the company, the production test found a gross flow rate of about 71 million cubic feet of natural gas per day. Production is expected to begin at the well by the end of the year.


Strategy Engineering Wins O&G Company Award

Photo: Strategy Engineering & Consulting

Strategy Engineering & Consulting, LLC announce that it was named the winner of the Oil and Gas Awards Engineering Company of the Year for the Gulf Coast Region in 2012, announced Strategy President Chris Morris. “The Engineering Company of the Year award recognizes engineering excellence and achievements within the oil and gas industry in the Gulf Coast region," Morris said. "This award acknowledges engineering companies that demonstrate completed projects that display


MARAD Certifying Cruise Security, Safety Training

Photo: Antonio Ferrer

The U.S. Maritime Administration (MARAD) informs it has begun certifying cruise vessel security and safety training program providers.   As part of the voluntary certification, MARAD will review training plans and supporting information for consistency with training standards established


Jaxport Welcomes Consolidation of Crowley's Jacksonville Operations

  Crowleys Bill Pennella (right), Vice COB/EVP, and JAXPORTs Dr. John Allen Newman (left), Board Vice Chair, agree to the expanded, long-term lease at JAXPORT’s Talleyrand Marine Terminal.

JAXPORT’s Board of Directors today unanimously approved an expanded, long-term lease with Crowley Liner Services Inc. Under the agreement, Crowley will relocate its Puerto Rican service from its private terminal along Jacksonville’s harbor to JAXPORT’s Talleyrand Marine Terminal


MAN Diesel & Turbo Reports ME-GI Milestones

ME-GI engine (Image: MAN Diesel & Turbo)

100 Orders received for ME-GI; second ME-GI engine dispatched by engine builder after successful Factory Acceptance Testing   MAN Diesel & Turbo reports that its ME-GI engine has now received more than 100 orders. FLEX LNG announced on February 2 that two-stroke slow-speed ME-GI main


Europe Should Resume Shipbuilding

João Ferreira (Pic: EU Parliament)

 In the EU journal Parliament, Portuguese Member of European Parliament João Ferreira has proposed a five-point plan to stimulate growth in the EU shipbuilding industry.    He said that after a decline in industrial activity since the 1970s


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


Bangladesh Ship Recycling Project Begins

Photo: IMO

An agreement between the International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh has been signed for the parties to collaboratively improve safety and environmental standards in the country’s ship-recycling industry.  


Viking Star Succeeds In Sea Trials

Courtesy :Viking Gr.

  There is no question that Viking Ocean Cruises is launching an exceptionally innovative series of new ocean-going vessels, layered on its successful series of river cruise vessels, notably the Viking Longships. This list of innovations is a long one


German Seaports Seek Federal Backing

Barge traffic at the Port of Hamburg

The Port of Hamburg, along with the other German seaports, is calling for appropriate recognition in the Federal Transport Infrastructure Plan. “When the new Federal Transport Infrastructure Plan is agreed this year, the forecast growth in freight traffic makes it essential that


Hamburg Süd Receives Panalpina Award

Photo courtesy of Hamburg Süd

Hamburg Süd has been recognized for the first time with the “Carrier of the Year” Award by the internationally operating transport and logistics group, Panalpina, based in Basle/Switzerland. Peter Frederiksen, Member of the Executive Board of Hamburg Süd


Abu Dhabi Ports’ Training Centre Reports Successful 2014

Photo courtesy of the Abu Dhabi Ports’ Maritime Training Centre

Abu Dhabi Ports’ Maritime Training Centre looked back on what it called a successful year, noting a number “success stories” throughout 2014 as the number of trainees at the center increased by 15% in 2014 compared to 2013.  


Shipbuilder CTruk Awarded Round 6 RGF Grant

   An artist rendering of the completed Advanced Composite Technology Centre (Photo courtesy of CTruk)

Essex-based shipbuilder CTruk received a £1 million ($1.5 million) grant for the construction of an Advanced Composite Technology Centre from the UK Government's Regional Growth Fund, the office of Deputy Prime Minister Nick Clegg announced today.


Australia’s First Renewable Energy From Wave Power Array

Courtesy ARENA

  The Australian Renewable Energy Agency (ARENA) today joined Minister for Industry and Science Ian Macfarlane to officially switch on the Carnegie Perth Wave Energy Project’s onshore power station. Following successful testing last year, the project is now up and running


Hempel Opens its First Factory in Africa

From left to right: Kim Junge Andersen (Group Executive Vice President and CFO) and Johann Geldenhuis (TCMCs General Manager) shaking hands after the deal was signed. (Photo: Hempel)

Hempel has opened its first factory in Africa, its 26th worldwide, to manufacture coatings for the marine as well as decorative and protective industries to serve customers in Sub-Saharan Africa.    Further boosting its growth plans, Hempel acquired its South African toll manufacturer


Irving Shipyard Offers College, Job Opportunities for Women

From left to right: Doreen Parsons, Manager of the Women Unlimited Association; Don Bureaux, Nova Scotia Community College President; Kevin McCoy, President of Irving Shipbuilding; Kelly Regan, Minister of Labour and Advanced Education; Koren Beaman, Halifax Shipyard Local 1 Executive (CNW Group/J.D. Irving, Limited)

Irving Shipbuilding's partnership with Women Unlimited provides community college funding and job opportunities at Halifax Shipyard   Irving Shipbuilding has partnered with Women Unlimited to provide education funding and job opportunities to 20 women who will participate in the welding and


CSIRO, BHP Billiton Join Forces in Marine Research

Ningaloo Reef in Western Australia File photo BHP Billiton

  The World Heritage Listed Ningaloo Reef in Western Australia will be the focus of a new marine research partnership between CSIRO and BHP Billiton Petroleum announced today. Ningaloo Reef is the largest fringing reef in the world, extending 300 kilometres along the North West coast of






 
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