Descartes Acquires KSD Software
Descartes Systems Group, a global company in uniting logistics-intensive businesses in commerce, acquired KSD Software Norway AS (KSD), a Scandinavia-based providerā¦
GE to Power Seadrillās West Mira Semisubmersible
GEās Power Conversion business signed a multimillion dollar contract with shipbuilder Hyundai Heavy Industries (HHI) of Ulsan, South Korea. GE will supply electric powerā¦
Star Bulk Proposes $75 million Backstopped Equity Rights Offering
Star Bulk Carriers Corp. announced that its Board of Directors approved a backstopped equity rights offering, which will allow the company to raise equity capital through the sale of its commonshares.
Goltens Facility Opens at Dubai Maritime City
Dubai Maritime City (DMC), the mixed-use development for maritime business, announced the Grand Opening of the new Goltens facility at the City. The ultra-modern facility seeks to support Goltensā operations worldwide. Dubai Maritime City project is built over 2.27 million square meters in area and offers a multi-use environment for commercial, industrial, residential and recreational use,. This manmadeā¦
Huntington Ingalls Industries Declares Quarterly Dividend
Huntington Ingalls Industriesā Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 14, 2013, to shareholders of record as of the close of business on May 31, 2013.
Aberdeen Harbor Reports Record Results in 2012
Aberdeen Harbor Boardās annual results have revealed record vessel activity in 2012 and record levels of cargo passing through the port. Overall vessel tonnage handled by the port increased by 8%, from 25.91 million tons in 2011, to 28.19 million tons in 2012. The Harbor also saw an 8% increase in cargo handled, increasing from 4.76 million tons in 2011 to 5.14 million tons in 2012 - another record for the Port.
Thomas Allegretti Takes Helm as Chairman of AMP
The American Maritime Partnership (AMP) announced the election of Thomas Allegretti as its new Chairman. Allegretti is President & CEO of The American Waterways Operators. He succeeds James Henry, Chairman and President of the Transportation Institute. Henry will now serve as AMPās Vice Chairman. As AMP Chairman, Mr. Allegretti leads a coalition to represent the domestic maritime industry. Its 450-plus members span the country and its territories and include vessel owners and operatorsā¦
EMAS AMC Secures $75 million SURF EPCI Statoil Contract
EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and the operating brand of Ezra Holdings Limitedā¦
MOL Launches Mozambique Express Service
Mitsui O.S.K. Lines, Ltd. (MOL) announced its new Mozambique Express Service (MZX), departing Singapore on June 7, 2013. MZX is a weekly service operated by PIL with seven vessels.
GE to Supply Austal with Gas Turbines for Navy Ships
GE Marine said it will provide Austal USA, Mobile, Ala., with four LM2500 marine aeroderivative gas turbines to power the United States Navyās 14th and 16th Independence-variant Littoral Combat Ships (LCS). GE is providing 20 LM2500 gas turbines for the Austal USA LCS program, part of a contract for up to 10 ships over a five-year period. The Austal-built LCSs are powered by two LM2500s arranged in a combined diesel or gas turbine configuration with two diesel engines.
Order Book Opens on New Sailor Black Box
Launched at SMM 2012, Cobham SATCOM made its new standalone Sailor Class A AIS available to order in April 2013. The Sailor 6280/81 AIS System is a black box solutionā¦
Hornbeck Announces 1Q 2013 Results
Hornbeck Offshore Services, Inc. announced results for the first quarter ended March 31, 2013. First quarter 2013 revenues increased 23.0% to $147.5 million compared to $120.0 million for the first quarter of 2012 and increased 10.7% compared to $133.2 million for the fourth quarter of 2012. Operating income was $47.4 million, or 32.1% of revenues, for the first quarter of 2013 compared to $28.6 millionā¦
Havyard Orders MacGregor Cranes
Two MacGregor cranes will feature on a new subsea IMR vessel being built by Havyard in Norway for diverse deepwater operations off the west coast of Africa. In April, MacGregor, part of Cargotec, signed an order with Norwegian shipyard, Havyard Ship Technology AS, for two MacGregor offshore cranes. Both will be installed on a new Havyard 857 subsea inspection maintenance and repair (IMR) vessel being built for Nigerian offshore oil and gas company, Marine Platforms Limited (MPL).
International Bunkering Promotes Staff Member
International Bunkering Middle East DMCC announced the promotion of Jesper Porsmose to Senior Bunker & Lubricant Trader as from May 1, 2013.
Double Triumph for Stork Technical Services
Stork Technical Services, a global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, won two awards at this yearās U.K.
Japan Warms to ME-GI Concept
One of MAN Diesel & Turboās oldest licensees held a successful demonstration of the ME-GI concept on April 17, 2013 at its Tamano works. A large crowd of guests attended the demonstration and the following reception where, among others, MAN Diesel & Turboās Dr. René Umlauft, CEO, and Thomas Knudsen, Head of the Low Speed business unit, held commemorative speeches. In his speech, Dr. Umlauft describedā¦
BMT Restructures Marine Survey Businesses
To better position itself in the market and meet customersā needs of regional expertise accessible through local offices, BMT Group Ltd (BMT) has announced that marine surveying companies BMT De Beer and BMT Techmar became BMT Surveys on the May 1, 2013. This will help provide clarity and a more uniformed approach, whilst paving the way for future expansion both in Europe and further afield. This nameā¦
Great Lakes June 2013 Symposium
Cleveland Metropolitan Bar Association is to present a public program featuring a range of important issues concerning the Great Lakes. The Great Lakes Symposiumā¦
Holland America Place Interior Design Contracts
The company's new Pinnacle-class cruise ship to feature interiors designed by two leading firms. Holland America Line has selected two design companies to create the interior spaces of the line's new 99,000-ton ship that is slated for delivery in February 2016. The first in a new Pinnacle-class of vessel, the ship will showcase decors by designer Adam D. Tihany and designer and architect Bjorn Storbraaten.
Canadian SAR Union Gives Nod to Auditor General's Report
The Union representing Search and Rescue (SAR) specialists with the Canadian Coast Guard (CCG) is unsurprised at findings of the Auditor General's Spring 2013 Report.