Survitec Appoints Baines VP, Cruise
Survitec appointed Mark Baines as Global Vice President, Cruise. Based in Survitecās Miami office, he will build a dedicated sales and operations team focused solely on partnering with cruise clients to achieve their safety and equipment reliability objectives. He joined Survitec on secondment from Survitecās majority owners Onex in July 2017 and has been heavily involved in the development of Survitecās go-to-market strategy.
Naval Group Shipbuilding Posts Higher Profit
French shipbuilding and defence company Naval Group, in which Thales owns a 35 percent stake, reported a surge in 2017 profits and expressed confidence over its outlook for 2018.
TRAC Intermodal Gears Up for Gulf Coast Resin Exports
TRAC Intermodal is expanding and improving the quality of its chassis fleet in the Gulf Region to meet an expected surge in U.S. resin exports. The TRAC Gulf Regionalā¦
Vard Order Intake Zooms
With 13 new contracts secured in Q4 2017, VARD Holdings Limited's order intake of NOK 3.79 billion in the quarter increased the full year order intake ended December 31, 2017 to NOK 8.28 billion.
DP World, Panama to Strengthen Ties
Trade infrastructure development to diversify Panamaās economy and DP Worldās international experience in over 40 countries were at the centre of discussions heldā¦
West Phoenix to Drill in UK and Norway
Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the U.K. and Norwegian continental shelves from the summer of 2018. Theā¦
NL Networks, Portcall.com win Wärtsilä Start-up Challenge
The first Wärtsilä SparkUp Challenge, an initiative to find innovative start-ups to develop ideas for the smart shipping value chain, has been won by KNL Networks and Portcall.com.
First Carrousel Rave Tug Delivered to Novatug
Multratug 32, the first new CARROUSEL RAVE TUG (CRT) was delivered to its owner, Novatug B.V. of the Netherlands in February 2018. Multraship B.V. of the Netherlandsā¦
SeaSafe Marine Wins Höegh Contract
SeaSafe Marine has signed a sole service supplier agreement with Höegh-Wallem Ship Management Inc. to provide services and spares for the lifeboat systems on their fleetās 38 vessels.
Genco Shipping & Trading Announces Fleet Renewal Program
International seaborne drybulk transportation services Genco Shipping & Trading plans to undergo a fleet optimization and renewal plan aimed at modernizing its fleet.
MOL Unveils Restructuring
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to undertake a number of changes as part of an organizational restructuring, effective April 1, 2018. MOLā¦
Hyundai Merchant Marine Starts Independent Asia-North Europe Service
South Korea's Hyundai Merchant Marine (HMM) announced that it launches new Asia-North Europe Express (AEX) service in April. HMM opens a new Asia-North Europe loopā¦
Golar LNG Partners Updates on Acquisitions
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trainsā¦
Team Tankers Buys Two Tanker Carriers
Team Tankers International announced that it has entered into share purchase agreements to acquire all outstanding shares in each of Laurin Shipping and Anglo-Atlantic Steamship Company.
Silver Lining for VLGC Shipowners: Drewry
A slowdown in fleet growth should begin the recovery cycle from the second half of 2018, although freight rates will not reach the levels seen during the bull run of 2014-15ā¦
OSM Looks to Boost Mozambique Maritime Education
OSM Maritime Group says it is aiming to make the shipping industry accessible to all as part of its involvement in the UN Global Compact (UNGC) initiative. The ship management company,has signed a MOU to re-launch the Mozambican Higher School of Nautical Sciences. It is also actively working to increase the number of females in its global pool of 11,000 qualified seafarers. OSM is one of the first companies in the ship management segment to join the UNGC.
BUG-O Names Director, Sales and Marketing
Scott Thayer has joined BUG-O Products as Director of Sales and Marketing on February 26, 2018. Scott brings with him nearly 30 years of experience in the weldingā¦
Hendry Marine Adds New Drydock
Hendry Marine Industries, Inc. (HMI) (along with its affiliated companies Gulf Marine Repair Corporation, Universal Environmental Solutions, LLC, and Anchor Sandblasting and Coatings, LLC) offers a broad range of maritime services in Port Tampa Bay, including commercial and government ship repair, steel fabrication, gas-freeing, tank cleaning, slop services, lead and asbestos abatement, brokered waste and blasting and coating.
Tech File: Fuel Monitoring Matters
Whether you choose distillates, liquefied natural gas (LNG) or scrubbers to meet the new International Maritime Organization (IMO) fuel regulations in 2020, it will be ever more critical to regularly monitor the condition of vital equipment to ensure there is no adverse affect on operational efficiency. Industry opinion ahead of the implementation of the 2020 global sulphur cap remains fragmented to say the least.
Demanding Times for DSC Dredge
The dynamic dredge builder navigates a complicated dredge building market by augmenting an impressive array of standard equipment with a customized approach thatā¦