Stolt-Nielsen Completes Bond Issues
Stolt-Nielsen Limited announced the placement of senior unsecured bonds in a total amount of NOK 1,100 million in a new five-year bond issue carrying a coupon of 3M NIBOR plus 4.1 percent.
LOC Group Announces Two Appointments
Global marine engineering consultancy LOC Group (London Offshore Consultants) announced appointments in two new positions; John Quarrington has joined the company…
Kondracki Joins TOTE Services Leadership Team
TOTE Services has promoted Michael J. (Mick) Kondracki to director of labor relations and risk management effective March 16, 2015, as announced by the company’s president, Phil Greene, Jr.
Liebherr Opens African Maritime Hub
Liebherr Maritime Cranes celebrated the grand opening of the new sales and service center in Durban, South Africa. The new African maritime hub was opened by a number of guests from the local industry and Liebherr representatives. Mainly as a result of the close cooperation with Transnet over the past few years, Liebherr-Africa (LAF) has decided to extend its activities and to establish a specialized maritime hub in Durban.
Hapag-Lloyd CFO Ganz Steps Down
Peter Ganz will step down from his position as company CFO effective April 1, 2015, also leaving the company on the same day, as announced during today’s meeting of Hapag-Lloyd’s Supervisory Board. The Supervisory Board has given its approval. The change on the Executive Board comes following an agreement between shareholders stipulating that CSAV, as the new largest shareholder in Hapag-Lloyd, has the right to nominate an individual of its choice to assume the position of CFO.
BMT’s REMBRANDT-INLAND Simulation Tool
When a new or expanded port is planned on an inland waterway, how do you assure the civil marine engineers and ship operators of feasibility and operability while…
Boat of the Month: Moore Shallow Shuttle 23
Moore Boat LLC recently delivered the first of three all new aluminum Moore Shallow Shuttle 23 RIB’s to Seacrets, Jamaica USA after the vessel’s successful completion of various sea trials and the U.S. Coast Guard’s final simplified stability test. Designed in house with the assistance of CDI Marine’s Band Lavis Division, the Shallow Shuttle is a unique water taxi with a Coast Guard small passenger (subchapter T) approved capacity of fourteen (twelve passengers, Captain and one Mate).
Dometic’s Workboat Play
Workboat operators are taking a second look at Dometic’s SeaXchange Reverse Osmosis Systems as missions expand and demands on these vessels increase. It’s no secret…
Huge Heavy Lift Project Wraps up in Colombia
Mammoet USA informs it has completed a heavy lifting and transport project at the largest refinery in Colombia, the Reficar Refinery. Mammoet was contracted to assist in the modernization and expansion of the refinery in 2011. The scope of lifting and transport services for this project was large and diverse with more than 1,000 lifts and moves with 150 of the lifts weighing 100 tons or more. Mammoet served as a key contractor…
Affordable SATCOM for Workboat Applications
SATCOM edges closer to providing standardized services to the workboat sector. It’s affordable now and someday soon, you won’t be able to afford to be without it.
Kenya Ready to Start Work at Northern Port
Kenya is ready to begin work on the first three berths at a long-delayed port on its northern coast, next to the historic trading town of Lamu, President Uhuru Kenyatta…
Maersk Line Orders Seven Containerships from China
Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years. The companies said in a statement on Thursday they would not give details of the price of the vessels. The deal included an option for two extra vessels, within eight months. Maersk said it was the first deal in a planned expansion.
17 Countries for Maritime Security Training in Indonesia
Representatives from 17 countries would take part in the sixth Maritime Security Desktop Exercise that is scheduled to be held in Yogyakarta, Indonesia from March 30 to April 1.
No More State Funds, Russia Warns its Ship Builders
Russian Deputy Prime Minister Dmitry Rogozin came down heavily on country's shipbuilders criticizing them for doing a poor job to implement instructions from the…
Expanded Panama Canal to be Operational by April 2016
The widened Panama Canal is expected to finally be up and running in April 2016, after months of delays and cost overruns, AFP reports. The expansion project area will allow bigger ships to transit…
Japan's Navy Unveils De-Facto Aircraft Carrier
Japan's Maritime Self Defense Force (JMSDF) took delivery of its biggest warship Izumo, since World War II, a vessel that observers say is a "de-facto aircraft carrier".
Thailand Eyes Submarine Fleet
Royal Thai Navy (RTN)'s plan to buy submarines is on again with strong backing from Defence Minister Prawit Wongsuwon who wants Thailand’s fleet to be on par with neighbouring countries.
Submerged Politics in Aussie's $39 bln Submarine Plan
Australian government plans to spend 50 billion Australian dollars (US$39.39 billion) on powerful new submarines, has become a political football at home, reports Reuters.
Front Street Unveils New Line of Sailing Yachts
The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction.
Soo Locks Open for Cargo Ships
Despite the chilly temperatures and heavy snowfall the U.S. Army Corps of Engineers opened the Soo Locks for the start of the Great Lakes shipping season. The Edwin H.
