Marine link
 

Wins New

Report: SPP Group to Build 15

According to a Reuters report, South Korea's SPP Group (www.spp.co.kr) won new shipbuliding orders for a cumulative 15 ships -- reportedly seven of them bulk carriers -- for $660m.


ISS Palumbo UK Acquires Union Transport

ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.   The merger of the Union Transport business with ISS Palumbo and its worldwide network will enhance the combination of global project freight forwarding and integrated logistics ISS Palumbo offers to its customers, including ENI, SAIPEM and Air Products.  


Aker Finnyards: Negotiations with Employee Reps Concluded

Since the beginning of 2005 Finland's three largest shipyards in Helsinki, Rauma and Turku have been working as one company, the new Aker Finnyards. As a part of the restructuring, negotiations were started on November 9 with the employee representatives to improve the productivity of the yards. The formal negotiations have now been concluded, and the number of employees that will be affected will be approximately 315.


New Leadership at Fugro

Fugro GeoServices announced several recent promotions within the company, including two key management appointments: Ted Hampton, president and Adam Jackson, senior vice president. Mr. Hampton is a licensed geologist and former vice president of the company. He replaces longtime leader Mr. Tom Hamilton, who will retire this spring after nearly 30 years with Fugro. Together, Mr. Hamilton and Mr. Hampton led the formation of Fugro GeoServices in 1999 to provide oil and gas clients in the Gulf


Korea Yards to Build Scorpio LPG Tankships

Image courtesy of Scorpio Tankers

Scorpio Tankers signs agreements with two S. Korea shipyards to construct a minimum of 5 & up to 10 LPG tankships, Scorpio's first venture into this specialised market. Emanuele Lauro, chief executive officer and chairman of the board, commented, "We are excited about our entry into LPG which we have long considered an extension of the product market. With common customers, shipbuilders, and trade lanes, and offsetting seasonal swings


Port of Brunswick Wins Honda Import Deal

Photo courtesy of Honda

The Georgia Ports Authority has won new import business from Honda. The 2015 Honda Fit, built at the carmaker’s new plant in Celaya, Mexico, is moving into the U.S. through the Port of Brunswick. International Auto Processing (IAP) will handle the cars upon arrival.   “Highlighting the truly global nature of auto manufacturing, a Japanese company building cars in Mexico has chosen Georgia’s deepwater ports as a vital gateway to the U.S


Greencarrier Freight Services Achieves ISO Standards

Georg Skivik Moltu (Photo courtesy: Greencarrier Freight Services)

Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit. “As a new and relatively small company in the oil and gas and project logistics industries, we have to produce a level of quality, personal service and knowledge that exceeds what the competition is doing,” said Georg Skivik Moltu


Korea's STX Offshore Debt to Equity Swap Hastened

STX Offshore & Shipbuilding Co. will issue new shares worth 38.4 billion won (US$36.5 million) as part of its debt-to-equity swap scheme. The shipbuilder will float 15.37 million shares, which will be listed on the main Seoul bourse on Jan. 9, 2014, reports Yonhap News Agency. Yonhap cite Jeong Yu-mi, a spokesperson for STX Offshore & Shipbuilding, as informing that trhe new share issuance is part of the 700 billion won debt-to-equity swap program aimed at stabilizing the company


Hyundai Heavy Reports Q3 Results

According to Reuters, Hyundai Heavy Industries Co. reported a net profit in the third quarter because of more profitable orders and one-off gains from an accounting change. Earnings at South Korean shipbuilders, which dominate the global market, are set to improve due to falling steel plate prices and a more stable South Korean won. But analysts are concerned vessel prices could weaken in the coming quarters due to sluggish global trading volumes and as Chinese shipyards boost capacity


Marine Construction Policy Builds Expertise, Service into Coverage

Ken Baldwin, Chief Underwriting Officer, Travelers Ocean Marine

Construction is a complex business. Equipment can break down; employees can be injured; a project can go awry in unexpected ways. Add a marine element to the work underway, and the pitfalls that a contractor must navigate to manage risk become even more challenging. Marine contractors have long understood that they need specialized coverage and have sought out ocean marine insurance carriers with the expertise to help them


Drydocks World, Maritime World Win Excellence Awards

The Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks World Group has won the Best Maritime Conference Award in recognition of their successin organizing the “2nd Mare Forum Dubai


China Unveils Action Plan on Maritime Silk Road

Map by National Development and Reform Commission

 China has unveiled the principles, framework, and cooperation priorities and mechanisms in its Maritime Silk Road initiative in a bid to enhance regional connectivity and embrace a brighter future together.   The plan consists two segments - One is centered on the Asian land mass and


VesselVanguard wins Chris-Craft Order

CHRIS-CRAFT SELECTS VESSELVANGUARD TO OFFER OWNERS WORLDWIDE THE LATEST VESSEL MAINTENANCE TECHNOLOGY

  Digital Boat Profile and Customer Service Portal Gives Cutting Edge Options for Vessel Management to Boat Owners Palm Beach Gardens, Fla. VesselVanguard, infomred today a new relationship with Chris-Craft to provide a two-year subscription for its award-winning maintenance management


Finalists of Hiab's World Crane Championship

Eric

  Hiab, part of Cargotec, has selected the finalists who will take part in the first ever World Crane Championships at the Commercial Vehicle Show in Birmingham, United Kingdom, on 14-16 April 2015. The 18 contestants, who have won their places after qualifying through rounds held in 13


Harim to Expand Pan Ocean with Grain

Firm aims to hike Pan Ocean sales to over 10 trln won in 5-6 years. South Korea's Harim Group aims to grow sales at the country's largest bulk shipper Pan Ocean Co Ltd, which it plans to acquire, seven times to more than 10 trillion won ($8.97 billion) annually within five to six years.


LNG-powered Fjord Line Ferries 'World's Cleanest'

Image Credit: Fjord Line

 Fjord Line's liquefied natural gas (LNG)-powered newbuildings have claimed a new title as the 'world's cleanest ferries'. The Bergensfjord and Stavangerford have won the respective first and second places on the World Ports Climate Environmental Ship Index (ESI)


Hempel Finalizes Acquisition of Jones-Blair Company

webJones-Blair.jpg

  Global coatings producer Hempel announced today that it has closed its previously announced acquisition of Jones-Blair Company, a North American protective and waterproofing market supplier. Terms of the acquisition were not disclosed.  


Kiwi Joins Volvo Ocean Race Crew

Stu Bannatyne (Photo by Team Alvimedica)

 Kiwi Volvo Ocean Race veteran Stu Bannatyne has joined Team Alvimedica for leg five of the race from Auckland to Brazil, says a statement from the Team.   Bannatyne has done the Volvo Ocean Race six times, winning three of them.  


OTC Names Technology Award Winners

VersaCutter

The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby.  


Toyota Kirloskar, Kamarajar Port Ink Deal for Expansion

The agreement was signed by the company officials in the presence of Union Shipping Minister Nitin Gadkari and Minister of State for Shipping Pon. Radhakrishnan in New Delhi

  Toyota Kirloskar Motor Pvt. Ltd. (TKM)  signed an MoU with Kamarajar Port Ltd. (KPL) in order to help facilitate the expansion of its export business. The MoU is a win-win for both as TKM will build a long-time relationship with the port


Genting Acquires Crystal Cruises

 CRYSTAL SERENITY at sea, courtesy of Crystal Cruises

 Crystal Cruises has been sold for $550 million to the owner of Asia's largest cruise line and a major shareholder of Norwegian Cruise Line.    Crystal's parent company, Nippon Yusen Kabushiki Kaisha has sold the line to Genting Hong Kong, which owns Star Cruises


Holland America Line Wins Cruise Critic Cruisers’ Choice Awards

Courtesy Holland American Line

  Holland America Line won top honors in four categories in the 2015 Cruise Critic Cruisers’ Choice Awards. The premium cruise line took first place in Best Dining (large-ship category) for ms Nieuw Amsterdam, Best Value-for-Money (mid-sized category) for ms Zuiderdam


Fendercare to Equip New UK Navy OPVs

Fendercare Marine has signed a contract with BAE Systems Naval Ships for the provision of rudder blades, rudder stocks, sleeves/liners for rudder stock, anchors, chain and deck equipment for three new Offshore Patrol Vessels (OPVs) for the U.K. Royal Navy.   


Kenya to Start Work on New Northern Seaport

Kenya will start construction work next month on a long-delayed new port to be built on its northern coast, next to the historic trading town of Lamu, the presidency announced on Monday. The Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) project is intended to include a port, new roads


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






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright