Nakashima Propeller Takes Majority Stake in Becker Marine Systems
Japan's Nakashima Propeller Co. has taken a majority stake in the German shipbuilding supplier Becker Marine Systems GmbH.“We have gotten to know Nakashima Propeller as a much respected and reliable partner through decades of cooperation,” said Dirk Lehmann and Henning Kuhlmann, the two managing directors at Becker Marine Systems, “and because we are expert suppliers in the area in front of and behind…
Lebanon Expands Claim in Maritime Area Dispute with Israel
A senior cabinet minister said on Monday he had signed a document expanding Lebanon's claims in a row with Israel over their maritime border that has held up hydrocarbon exploration in the potentially gas-rich area.The amendment would add around 1,400 square kilometers (540.54 square miles) to the exclusive economic zone claimed by Lebanon in its original submission to the United Nations.Negotiations between old foes Lebanon and Israel were launched in October to try to resolve the dispute.
Marlink Gets OK to Acquire ITC Global from Panasonic
Maritime connectivity and IT solutions provider Marlink Group has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. "The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks, while remaining fully focused on providing best-in-class services to their customers across the world," Marlink said."Both the Federal…
French Container Shipping Firm Offers to Rebuild Beirut's Port Within Three Years
French container shipping group CMA CGM is pursuing a plan to rebuild Beirut's port within three years, despite political deadlock in Lebanon that has prevented decisions on the port since a blast last August, a company executive said.A chemical explosion at the port killed 200 people and destroyed entire neighborhoods, deepening Lebanon's worst political and economic crisis since the 1975-1990 civil war.CMA CGM's plan…
ABS Grants Its Software Quality Management Notation for OOS Serooskerke Semi-sub
The American Bureau of Shipping (ABS) has granted its Integrated Software Quality Management (ISQM) notation to OOS Serooskerke one of the world’s largest semi-submersible, heavy-lift crane platforms.The ABS Integrated Software Quality Management (ISQM) notation recognizes OOS' risk-based approach to critical software control safety systems.ABS said that key operational software on the ABS-classed OOS Serooskerke…
- 1
- 2