Marine Link
Monday, February 27, 2017

Transas, Japan Radio Company Announce Strategic Partnership

Transas CEO Frank Coles

The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value. Transas, the innovative, digital solutions company, and Japan Radio Company (JRC), a leading global marine electronics company, today announced their new strategic partnership. The two industry-leading companies will work together in research and development, product distribution and project collaboration. The technical…

Brunswick Promotes Hubert to Sales Director

Jeff Hubert (Photo: Brunswick Commercial & Government Products)

Brunswick Commercial & Government Products (BCGP) has promoted Jeff Hubert to director of sales, responsible for product development initiatives and worldwide business development. Hubert joined BCGP in 2016, and has been serving as the company's regional sales manager for the Eastern U.S. Recently retired as Lt. Colonel of the Florida Fish and Wildlife Conservation Commission (FWC), Hubert is a graduate of the FBI National Academy with over 30 years of law enforcement experience. Originally from New York, Hubert began his public service career as a lifeguard in Daytona Beach, Fla.

Laborde wins Bukh Distribution Deal

Enclosed lifeboat Photo Laborde Products

Laborde Products has been selected as BUKH Diesel Marine Distributor for the United States marine market. "Our companies have tremendous synergies," stated Soren Pederson, BUKH sales manager. "The BUKH engine line really complements our growing position in the marine market, and provides much needed domestic support for the US cruise ship industry with the large population of BUKH SOLAS engines used in lifeboats and fast rescue craft”, said Chris Cerullo, Laborde Products marine manager.

US Tanker Liberty Sails for Sea Trials

Liberty (Photo: NASSCO)

U.S. shipbuilder General Dynamics NASSCO said it has sent the newly built Jones Act tanker Liberty to sea for testing and trials. The 610-foot-long Liberty set sail for the first time on Monday, February 20 to undergo sea trials before delivery later this year. Liberty is the third and final tanker to be constructed as part of the ECO Class program for SEACOR. The three vessels are each 50,000 deadweight ton LNG-conversion-ready product carriers with a 330,000 barrel cargo capacity. The other two vessels in the series, Independence and Constitution, were delivered in 2016.

Asbestos on Board

File photo: Workers clean the interior of a cargo hold aboard the LST-1166. (U.S. Coast Guard photo/Pacific Strike Team)

What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos. Asbestos is a natural fiber that was mined for use in construction and household products. It became rapidly popular after others realized it has fire-resistant properties and durability. However, in the 1960s, researchers began to link exposure to this material with cancer, specifically mesothelioma, which can form in the lungs, abdomen or heart.

MOL to Restructure Organization

Chart: Mitsui O.S.K. Lines

The Japanese shipping company  Mitsui O.S.K. Lines, Ltd (MOL) will restructure its organization effective April 1, says a press statement from the company. MOL is establishing the Product Transport Business Unit, under which much of the carrier and port divisions will reside. It has also submitted an application to establish a logistics subsidiary in India. The company will establish the Product Transport Business Unit to create the cross-sectional system “One MOL” to promote businesses in the product transport field and further meet customer needs.

Apply Now for the MN100

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.   Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/   Contact Joe Keefe with questions at: keefe@marinelink.com

C-MAP Appointed Admiralty Distributor

the ADMIRALTY products & services Photo C-MAP

C-MAP has been appointed by the United Kingdom Hydrographic Office (UKHO) as an official ADMIRALTY Digital Distributor and SENC Service Provider. Following this appointment, C-MAP, will now supply ADMIRALTY Vector Chart Service (AVCS), C-MAP ADMIRALTY ENC Service (CAES), ADMIRALTY Digital Publications (ADP) and Electronic Nautical Publications (e-NPs) through its global network of offices and distributors. AVCS - the world’s leading ENC Service - will be provided by C-MAP in both traditional S-63 format and in the time and cost efficient DNV certified SENC data compression format.

Galasso Named Ocean Signal Sales Manager

Rich Galasso (Photo: Ocean Signal)

Communication and safety at sea specialist Ocean Signal has announced the appointment of Rich Galasso as its new US Sales Manager. Galasso will assist with the company’s sales growth strategy in the US as demand continues to increase for Ocean Signal’s communication and safety products for the recreational and commercial markets, including 406MHz beacons, AIS man overboard devices and flares. Bringing more than 20 years’ experience in the marine industry to the role, Galasso joins…

1-Stop, Bestshore Team-up for European entry

VBS-By matching terminal resources to landside demand, the 1-Stop VBS effectively maximises supply chain efficiency resulting in productivity gains to both container terminals and the container industry Photo  1-Stop

1-Stop Connections (1-Stop) and Bestshore Business Solutions UK Ltd (Bestshore) announce a new strategic alliance to bring their productivity solutions to the European and Indian-sub continent port community. Through the partnership with Bestshore, 1-Stop assures that their products and solutions are represented by trusted advisors and experts in the shipping industry. 1-Stop’s flagship product, the Vehicle Booking System (VBS), is the premier system for the Terminal to Landside interface. The VBS is active in 13 terminals across Australia, New Zealand and most recently, the Philippines.

Scorpio Tankers Reports 4Q Loss

Photo: Scorpio Tankers

Scorpio Tankers has reported a fourth-quarter loss of $29.7 million or a loss of 18 cents per share. The shipping company posted revenue of $106.1 million in the period, also exceeding Street forecasts. Scorpio Tankers sharply reduced its quarterly dividend by 92% to $0.01 from $0.125. For the year, the company reported a loss of $24.9 million, or 15 cents per share, swinging to a loss in the period. Revenue was reported as $522.7 million. The Company currently has nine newbuilding vessel orders (eight MRs and one LR2) with HMD and SSME, which the Company refers to as its Newbuilding Program.

Tanker Market: Sun Sets on Japan Dirty Imports

Graph: Gibson Shipbrokers

The Japanese refining industry has been experiencing challenging circumstances for a number of years, with significant rationalisation of refining capacity, according to Weekly Tanker Market Report by Gibson Shipbrokers. Reform in the Japanese refining sector is not a particularly new story; however, in March 2017, a government directive will come into effect, forcing refiners to further boost efficiency, whilst enhancing output of higher value clean products such as diesel and jet fuel.

Apply Now for the MN100

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/ Contact Joe Keefe with questions at: keefe@marinelink.com  

Asia, Mideast Product Tankers Idled on Oversupply

File Image: Credit BMT

Lower product shipments from India, Mideast; diesel comes off floating storage, frees up ships. Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as a fifth of last year's level, shipbrokers and traders said. Shipping data in Thomson Reuters Eikon shows around 50 product tankers currently floating idle off Singapore and Fujairah, United Arab Emirates. Besides…

LR Demand Difficulties

Graph: E.A. Gibson Shipbrokers Ltd

There has always been a compelling story being told about how larger product carriers are the future, in particular the LR2s, says Gibsons Weekly Tanker Report. However, the sector has had a particularly challenging few months, with little optimism regarding a sustained recovery in earnings. The LR2 story centered around the expansion of refining capacity in the Middle East, capacity reductions in Europe and wider product imbalances driving long haul trade. In some regards that story delivered.

Navionics charts in iNavX In-App Chart Store Available

Fugawi and Navionics make available Navionics charts in the iNavX In-App Chart Store Photo INAVX

iNavX, the benchmark marine navigation mobile application, announced today, in partnership with Fugawi and Navionics, the availability of Navionics charts in the iNavX In-App Chart Store. This is a first for the industry, and iNavX is the only independent marine navigation app to offer Navionics charts to its users. “When it comes to crucial navigation information, boaters’ decisions about what apps, electronics and charts they use can be as varied and personal as the foul weather gear they wear to keep them dry,” said Shaun Steingold, CEO, NavX Studios.

The MN100 Edition is Coming

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/ Contact Joe Keefe with questions at: keefe@marinelink.com

Metal Shark Launches New Website

Photo: Metal Shark

Louisiana-based shipbuilder Metal Shark has announced the launch of its new website. The new metalsharkboats.com features an all new design boasting fresh content, increased functionality, and robust search tools that facilitate navigation within the company’s vast product portfolio. “Metal Shark has expanded its focus to include a diverse range of markets, so we tasked ourselves to create an easily navigable website that allows us to reach the right customers with the right products and message,” explained Josh Stickles, Metal Shark’s vice president of marketing.

Marine Propulsion Market Poised for Growth -Report

Photo: MAN Diesel & Turbo

The marine propulsion engine market was valued at $9 billion in 2015 and is projected to reach $12 billion by 2022, growing at a CAGR of 4.1 percent from 2016 to 2022, according to a new report published by Allied Market Research. Diesel propulsion system segment is expected to maintain its dominance throughout the forecast period. Asia-Pacific accounted for the highest share of 51 percent in 2015, and is anticipated to maintain this trend. Increase in production and sales of ships globally and rise in international seaborne trade drives the market growth.

FUSION Wins NMMA Innovation Award

NMMA Innovation Award in the Watersport Equipment category at the 2017 Miami International Boat Show for its STEREOACTIVE purpose-built portable marine stereo. Photo FUSION Entertainment

FUSION announced today that its STEREOACTIVE purpose-builtportable marine stereo has won the National Marine Manufacturers Association (NMMA) Innovation Award in the Watersport Equipmentcategory at the 2017 Miami International Boat Show. “We are very proud of the passion and dedication our design and engineering team has put into STEREOACTIVE and are deeply honored to be recognized by the NMMA,” said Chris Baird, managing director of FUSION Entertainment. “After 10 years in the industry…

Maersk Enhances Asia-Europe, Transpacific services

AE7 WESTBOUND Maersk

Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable MSC and Maersk Line to accommodate the incoming volumes from the recently announced slot purchase agreements with Hyundai Merchant Marine and Hamburg Süd. The two carriers will move cargo, but not operate vessels in the 2M network. “With these exciting product improvements we confirm our commitment to provide extensive direct coverage and best in class transit times to our customers in the Asia-Europe and Transpacific trades…

The MN100 Edition is Coming

The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.     Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply at the link below. To have your company featured in this edition, please apply at http://mn100.maritimemagazine.com/   Contact Joe Keefe with questions at: keefe@marinelink.com

Tony Bon: From Yarn Handler to CEO

Tony Bon (Photo: Samson)

January of 2017 saw the retirement of one of the veterans of the Samson family. Tony Bon, CEO through 2015 retired as of December 31, 2016. Bon shares his impressions of the time he’s been with Samson and the high points of both the company and the industry it serves. In the Navy they have an expression to describe a captain that moves up through the ranks: “He came up through the hawse pipes.” Bon’s journey to the corner office at Samson is a similar story. In 1974, after leaving Berklee College of Music in Boston, Bon needed a job.

Maritime Reporter Magazine Cover Feb 2017 - The Cruise Industry Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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