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CP Ships Appoints Torrens VP

Iain Torrens has been appointed vice president, treasurer for CP Ships. He is based at the company's management headquarters in London and reports to CFO Ian Webber. In his new role Torrens will be responsible for group treasury and taxation activities. Graham Lambert continues with his treasury responsibilities reporting to Iain Torrens. Torrens was previously Deputy Group Treasurer for Cookson Group plc, the U.K. international materials technology company.


Magellan Corp. and Marine Electronics Leader Lowrance Electronics Inc. to Merge

Lowrance Electronics Inc. of Tulsa, Okla., will be merged into California-based Magellan Corp., a leading satellite access products company, as a result of a merger agreement among those companies and Magellan's parent company Orbital Sciences Corp. The transaction will create a nearly $150 million, satellite-based, consumer and recreational electronics business under the Magellan banner, according to David W. Thompson, Magellan chairman and Orbital president and CEO.


ECOSLOPS, SOPREMA Ink Supply Deal

Ecoslops features innovative technology to convert petroleum residues of maritime origin in new marine fuels in accordance with ISO 8217. Photo Ecoslops

ECOSLOPS an innovative technology company that upgrades ship-generated hydrocarbon residues (slops) into valuable distillates and light bitumen, has announced the signing of a long-term XFO (light bitumen) supply contract with SOPREMA. SOPREMA is the European leader in the bituminous membrane market for the isolation industry and had a 2.13 bn€ turnover in 2015 with more than 6,260 employees in 40 plants. Commenting on the development, Vincent Favier, CEO, ECOSLOPS, said


Marine equipment makes waves at OTE

By NEIL DOWNING James Rall, of Hydroacustics Inc., of New York, explains uses for the Proteus ROV roaming ocean vehicle, used for exploration with cameras and lights. The ROV is controlled by a joystick. The Providence Journal / Steve Szydlowski PROVIDENCE — Jason Cedro clicked on a computer mouse at the Rhode Island Convention Center yesterday and on the screen appeared a live, gull’s-eye view of Narragansett Bay, from a camera perched miles to the south at Beavertail State Park


Chinese Ballast Water Treatment Manufacturer Gets Supply Order

Shangai-based PACT Environmental Technology win $3.5M orders for BWT plant Euro Tech Holdings Company Limited  announce that its subsidiary, PACT Environmental Technology Company Ltd.("PACT") has recently been awarded  contracts worth about US$1.3million from two companies outside China and another one  worth about US$2.2million from a company in Jiangsu, China. These contracts  cover design, supply


Oceanfoil, Clarke Designs and UCL Continue Aerofoil Development

Oceanfoil, the maritime technology company developing aerofoil technology, announced the formation of partnerships with naval architects Owen Clarke Design LLP and University College London’s Energy Institute (UCL-Energy). Oceanfoil will work with naval architects Owen Clarke Design LLP during the final design and engineering phase, leading to the manufacture of the working prototypes of the new improved wingsails for sea trials in the second half of 2014


Foster Wheeler Closes Acquisition Of Siemens Environmental Systems And Services

Image

  Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has finalized the acquisition of the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. The transaction was closed April 30, 2014. The Siemens Environmental Systems and Services purchase includes assets of the former Wheelabrator Air Pollution Control Company located in Pittsburgh


WesPac to Build N. America’s First LNG Bunker Barge

Image: WesPac Midstream

WesPac Midstream LLC (WesPac), a provider of energy infrastructure and liquefied natural gas (LNG) solutions, and its affiliate Clean Marine Energy LLC (CME), the global facilitator of tailored solutions for Emission Control Area (ECA) compliance, announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America


Northrop Grumman 3Q Profits Soar

Northrop Grumman Corp. (NOC) said third-quarter profit soared 62%, helped by a gain from the dissolution of a joint venture and a strong performance in its ships business. It also raised its forecast for 2007 earnings from continuing operations. The Los Angeles global defense and technology company said net income rose to $489m, or $1.41 a share, from $302m, or 86 cents a share, a year earlier. The latest results included a gain of $21m, or 6 cents a share


DNV GL Approves GTT Membrane LNG Bunker Barge

GTT NAs membrane LNG bunker barge (Image courtesy of GTT NA)

Houston-based GTT North America (GTT NA), U.S. subsidiary of French engineering and technology company GTT (Gaztransport & Technigaz SA), has received an Approval in Principle from DNV GL for the design of a 2,200 cubic meter liquefied natural gas (LNG) bunker barge. The distinctive design incorporates GTT’s proven membrane Cargo Containment System (CCS), which is utilized in roughly 70% of the global LNG carrier fleet and nearly 90% of LNG carrier projects on order.


LR Defines 'Autonomy Levels' for Ship Design and Operation

New guidance provides the route to classification with six levels for autonomous ships   Lloyd’s Register (LR) has set out the ‘how’ of marine autonomous operations in a new ShipRight procedure guidance, which describes autonomy levels (AL) ranging from 'AL 1' through to


Korea Selects Intellian as 'World Class 300' Company

Eric Sung, President and CEO of Intellian receives World Class 300 certificate Photo Intellian

Intellian’s appointment to Korea’s prestigious ‘World Class 300’ list of the country’s most promising technology companies is a distinguished achievement and confirms its commanding lead in the mobile satellite communications terminal sector.


Seminar on DNV GL DP Operator Training & Certification

DP training in KONGSBERG simulators at Kongsberg Maritime Ltd’s Aberdeen training centre. Photo Kongsberg Maritime

Kongsberg Maritime Ltd, the UK subsidiary of global marine technology company Kongsberg Maritime, welcomed customers to its Aberdeen training centre on Thursday 30th June for a seminar on the future of Dynamic Positioning Operator (DPO) Training and Certification


Liberia Registry Launches Electronic Oil Record Book

Christian Mollitor Vice President Photo Liberian Registry

The Liberian Registry, in partnership with Prevention at Sea Ltd, a Cyprus-based maritime compliance technology company, has launched an innovative software product designed to replace traditional paper oil record books (ORBs) and to facilitate correct ORB entries into an efficient electronic


ACR Electronics Debuts New Products at Posidonia

GlobalFIX V4 EPIRB (Image: ACR Electronics)

Safety and survival technologies company ACR Electronics is introducing several new products at Posidonia 2016 taking place in Athens, Greece from June 6-10.   GlobalFIX V4 EPIRB ACR Electronics’ new GlobalFIX V4 EPIRB is a new professional grade design EPIRB


SHIPPINGInsight Agenda, Keynote Speakers Announced

Photos: SHIPPINGInsight

SHIPPINGInsight announced the agenda and identified keynote speakers for the fifth Fleet Optimization Conference & Exhibition. The annual event will take place October 18-19, 2016, at the Stamford Marriott Hotel and Spa in Stamford, Conn.  


Yen Drops on Rate Cut Talk; Oil Climbs

Oil Barrels Photo AOPL

The U.S. dollar rose to a three week high against the yen on Friday, on a report of likely further monetary policy easing from the Bank of Japan, while a rise in crude oil prices was offset by poor technology sector earnings, leaving Wall Street stocks steady.


ABB To Help Save Venice From the Sea

Barriers Venice Photo ABB

 ABB to deliver advanced integrated automation and electrical solution for largest Italian public work project of the last century. ABB will supply the complete integrated electrical and automation system for Mo.S.E. (the Italian acronym for experimental electro mechanic module)


Israeli Shipping Data Firm to Enter Commodities Game

Analysts say intelligent analytics could give firm an edge. A young Israeli technology company believes the expertise it has built up in tracking ships for governments and security agencies could help it break into the much larger market for providing information on seaborne commodities.


Maritime Cook Islands Enhance Registry Growth

Glenn Armstrong (Photo: PDMS

PDMS Maritime has announced that it has been awarded a new contract to deliver its international ship registry and seafarer management platform (MARIS) to Maritime Cook Islands (MCI) Limited, the corporate administrators of the Cook Islands international ship registry.


China's Militarization of South China Sea Will Have Consequences -US

U.S. Defense Secretary Ash Carter on Tuesday warned China against what he called "aggressive" actions in the South China Sea region, including the placement of surface-to-air missiles on a disputed island, and said they would have consequences.  


Elcome to Showcase Latest Technology at Dubai Boat Show

Raymarine Quantum Wireless CHIRP marine radar Photo Elcome

Elcome International, the leading marine solutions provider and system integrator in the Middle East and one of the largest marine technology companies in the world, will showcase a full array of the latest technologies at the Dubai International Boat Show next week.  


Kongsberg Maritime Opens Office in Panama

Photo: Kongsberg Maritime

Kongsberg Maritime has established a new country office in the Republic of Panama. Opened in January 2016 and situated in the ‘Canal Zone’ close to Panama City, Kongsberg Maritime Panama will service merchant fleet customers transiting the Canal and the extensive tug sector in the


Xylem Acquires Tideland Signal

Tideland Signal Corporation has been acquired by Xylem Inc. (NSYE: XYL), a global water technology company. Tideland will now be part of the Xylem Analytics business which includes YSI, SonTek and Aanderaa. “We are very excited about the possibilities now available with the added scope and


New Transas CEO Plans Market Shakeup

Frank Coles (Photo: Transas)

The new CEO of Transas, Frank Coles, has vocalized his vision for the future of the global maritime technology for the first time since his appointment in late 2015.    The Transas CEO has his sights set on the company delivering the technology and solutions needed for the integrated






 
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