Konecranes Completes Acquisition of WMI Cranes
On October 11, 2010, Konecranes announced that it had entered into an agreement to acquire the Indian crane company WMI Cranes Ltd. (“WMI”). Konecranes has now received…
Volvo Penta, Yamaha Examine Further Collaboration
AB Volvo Penta and Yamaha Motor Co., Ltd have decided to set up joint working groups to evaluate the potential for deeper collaboration between the companies. On December 6…
Climax Opens New Rental Depots in Australia, U.S.
To support increased demand worldwide for on-site portable machining tools, Climax Portable Machine Tools has opened new rental depots in Houston, Texas; Prairieville…
Report: Containership Order Buoys S. Korea
According to a report on Reuters, shares in shipbuilders in South Korea were buoyed when news broke that Daewoo Shipbuilding & Marine Engineering had won a $2 billion order from A.P.
Mace Personal Defense Joins Piracy Battle
In an effort to combat the rapidly growing levels of piracy and armed robbery against ships around the world, Mace Personal Defense, Inc. a wholly owned subsidiary of Mace Security International, Inc.
Change in GL Renewables Certification Management
During February 2011 Christian Nath hands over the management of GL Renewables Certification. AndreasSchroeter has been appointed as his successor as Senior Vice President GL Renewables Certification and Mike Woebbeking will be Vice President GL Renewables Certification and Head of the Certification Body. Christian Nath will continue to support the organization in a consultative capacity until the end of 2011.
Vinashin Misses Payment, Plans Review
According to a Bloomberg report, Vietnam Shipbuilding Industry Group (Vinashin), plans to present a KPMG LLP report on its business to creditors by mid-year after it missed a payment on a bank loan.
Spirit of France Launched at STX Rauma Shipyard
Launching of the second car-passenger ferry, NB 1368 the Spirit of France, which STX Rauma shipyard is building for P&O Ferries, was conducted on Thursday, 17 February 2011.
Report: China Shipbuilding Plans 17.5B Yuan Private Placement
China Shipbuilding Industry plans to raise 17.46 billion yuan through a private placement of 2.52 billion shares to seven designated investors at 6.93 yuan per share…
Neilson Appointed Academic Dean at Webb
Webb Institute announced the appointment of Mr. Richard P. Neilson as its next Academic Dean. Neilson will assume responsibility for the academic program on July 1 of this year, succeeding Dr.
Seaport Chartering Adopts ShipDecision Technology.
Seaport Chartering Corporation selected ShipDecision technology for its New York Brokerage. Seaport President Frank Messina commented, “My team is using the technology…
Varna Products Appoints New Distributor "Down Under"
VARNA Products, manufacturer of industrial oil & fuel oil pumps, turnkey control solutions and valves is proud to announce the appointment of Wasco Engineering Australia…
KVH Launches TracPhone V3 in Miami
KVH Introduces TracPhone V3, which the company touts as the smallest and most affordable maritime VSAT System, at 2 Mbps and $0.99 per MB. The ultra-compact TracPhone…
J.M. Martinac Wins Navy Deal for 2 More Tugs
According to a report on www.thenewstribune.com, J.M. Martinac Shipbuilding signed acontract to build two more tugboats for the U.S. Navy, just as the yard was preparing…
WCI Honors Congressman Rogers
Congressman Hal Rogers (R-KY), Chairman of the House Appropriations Committee (center), was presented Waterways Council, Inc.'s (WCI) 10th Annual Leadership Service Award from Cornel Martin, WCI President and CEO (left) and Rick Calhoun, WCI Chairman of the Board (right). Rep. Rogers was presented the WCI award for his work championing ports and waterways issues at a dinner on February 16, 2011 in Washington, DC.