GLOBAL MATERIALS SERVICES
American Commercial Lines LLC sold its ownership interest in Global Materials Services LLC to Mid-South Terminal Company, L.P. for $14 million cash. This transaction gives Mid-South Terminal Company, L.P., headquartered in Memphis, Tennessee, 100% control of Global Materials Services' network of 24 river-served terminals in the United States and 1 in Europe. Richard L. Huber, Chairman of ACL, said “We are pleased that we were able to transfer our interest in this operation to our partner. This transaction allows us to continue our progress toward emerging from Chapter 11 with a focus on our core business. The proceeds from this transaction will be used to pay off the remaining balance of our DIP term loan financing.”
Responding to the introduction of new materials within the structure and components of offshore units, naval vessels and specialized ships such as ultra large containerships, ABS has strengthened its technical and engineering capabilities in this area with the appointment of a global materials engineering team. The team will also provide in-field support to the society’s surveyors attending the significant growth in the number of equipment suppliers.
Danish Maritime Institute (DMI) and FORCE Technology have joined forces. The new name for the merged company will be FORCE Technology. DMI provides consultancy and know-how to the marine industry with services including: Ship and offshore model testing, numerical analysis and simulations, wind tunnel testing of ships and offshore structures, simulator based training, and development and sales of simulators In addition to using own facilities DNI undertakes several assignments for clients
Intertek will tackle the issue of mercury pollution across industries during the “International Conference on Mercury as a Global Pollutant” (ICMGP) in Edinburgh, Scotland, July 28 to August 2, 2013. Intertek will showcase expertise in detecting, monitoring and controlling mercury, supporting industries such as food, consumer products and oil and gas. Recent Harvard studies have shown that mercury is a long term problem
Spill Center, a North American leader in environmental claims management and emergency response support for transportation clients at risk for releases of hazardous materials, has expanded its program to include global cargo-carrying vessels, according to Tom Moses, president and founder of the company. V.Ships, a ship management company with a network of 18 offices worldwide, provides shipowners with a range of management and support services for oil tankers, chemical tankers
National Shipping of America (NSA), which operates a fortnightly service between Houston, Port Everglades and Puerto Rico, has partnered with Rickmers-Linie (America) to provide more global connections to Puerto Rico shippers and greatly expand break bulk service opportunities to the island. Rickmers-Linie will also serve as general sales agent for National Shipping in North America. The NSA vessel service, called the Isla Verde Express, connects the U.S
Northrop Grumman Corporation (NYSE: NOC) has been awarded a delivery order for the fifth year of a five-year contract to provide technical, logistics and material support for navigation systems installed on U.S. Navy ships and submarines. The delivery order, valued at $15.5m, was awarded to Northrop Grumman’s Sperry Marine business unit by Naval Inventory Control Point, Mechanicsburg, Pa., under a firm fixed-price performance-based logistics (PBL) contract.
Royal Boskalis Westminster N.V. (Boskalis) has ordered a new self-propelled megacutter from IHC Merwede. This self-propelled cutter suction dredger, with a total installed power of 23,700 kW and a pump ashore capacity of 15,600 kW, is a replacement investment. The total investment amounts to around EUR 170 million and construction of the vessel is expected to take more than three years. Boskalis explain that a cutter suction dredger is a vessel that dredges while being held into
R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources, customers will benefit from the ships’ lifecycle services and enhanced portfolio, combining Sea Level's established offerings with R&M Group's portfolio, along an expanded network of resources across the globe. Based in Miami
Retlif Testing Laboratories, an independent global provider of EMI/EMC and Environmental (ESS) testing and compliance services, has launched its new dedicated Composites Testing Laboratory. The result of three years of planning, Retlif’s new Composites Testing Laboratory provides testing for Carbon Fiber Reinforced Polymers (CFRP), Glass Fiber Reinforced Polymers (GFRP), Aramids (Kevlar), as well as for Non-Fiber Reinforced Plastic, materials used in commercial aviation
Algoma Central Corporation and Nova Marine Carriers SA today announced the creation of a new joint venture that will focus on short-sea dry-bulk shipping for global markets. This new joint venture, operating as NovaAlgoma Short-Sea Carriers, or NASC
Former Inchcape Shipping Services (ISS) CEO assembles senior team for launch of Nisomar, a data-driven maritime services company With a belief that innovation in shipping has fallen well behind other sectors, new entrant into the maritime industry Nisomar has launched a range of services
Global Diving & Salvage, Inc. has expanded its regional operations with the addition of a new office in Juneau, Alaska. The new Juneau office will support southeast Alaska through several of Global’s primary service lines: marine construction, marine salvage and emergency response
The Danish Government receives recommendations from the Maritime Strategy Team on how to maintain the Danish stronghold as a maritime nation towards 2025. The Maritime Strategy Team, headed by Chairman Jesper Lok, presents its recommendations to the Danish government
Raytheon Anschütz, a leader in naval bridge system integration, has announced the successful integration of Warship Electronic Chart Display Information System (WECDIS) into their Integrated Navigation and Bridge Systems (INBS) for the UK Royal Navy Type 26 Global Combat Ships.
Tomorrow’s high tech fleets will depend on shipyards – long after the christening is over. Siemens PLM software makes that dream possible – today. According to global powerhouse Siemens, a major transformation is underway in the marine sector
The Bomin Group, a global physical supplier and trader of marine fuel oil, today reaffirmed its commitment to providing physical bunkering products and services in the Baltic, including Rostock, Germany’s largest Baltic port. In line with the company’s new regional hub structure
Corvus Energy said it has been awarded a 10-year service and maintenance agreement for the entire Scandlines hybrid ferry fleet. The contract includes both traditional service and maintenance of the fleets’ energy storage systems, plus Corvus’ remote condition-based monitoring service
World No. 1 shipping company Maersk Line gained EU antitrust approval on Monday for its acquisition of Hamburg Sud (HSDG) after agreeing to pull the German company out from five consortia on trade routes to address competition concerns. The bid by Maersk, part of Denmark's A.P
Coatings, linings and fireproofing company Carboline was founded by Stanley Lopata in St. Louis, Mo. in 1947 and has since gone on to become a global organization, now celebrating its 70th anniversary in 2017. “We have achieved this milestone through the hard work and dedication of
KVH Industries, Inc. has launched a new all-inclusive Connectivity as a Service (CaaS) offering for the maritime industry, AgilePlans by KVH. For a single monthly fee, AgilePlans by KVH brings an advanced satellite communications solution onboard without a costly capital expenditure
MOL Triumph, the world's largest containership with a carrying capacity of 20,170 TEU, successfully arrived at Yangshan Port in Shanghai on April 10, 2017, said Mitsui O.S.K. Lines, Ltd. (MOL) MOL took delivery of MOL Triumph, the first of six 20
The Singapore Maritime Gallery (SMG) which underwent a refresh, was officially opened today by Senior Minister of State, Prime Minister's Office, Ministry of Foreign Affairs & Ministry of Transport, Mrs Josephine Teo.
Ocean Carrier Nile Dutch will use ClearMetal's machine-learning approach to fleet and container utilization improvement. ClearMetal is a predictive logistics company that uses AI and machine learning to unlock new efficiencies for global trade.
The 8,600 TEU capacity CSAV Traiguen became the largest container ship to call a Guatemalan port when it arrived at Terminal de Contenedores Quetzal (TCQ) on Guatemala’s Pacific Coast on April 12th, 2017, on the maiden call of German-based Hapag-Lloyd’s Mediterranean Pacific