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Adds New

Stewart Group Launches Subsea Division

(Photo: Credit)

The Stewart Group, an international shipbroker, has added new depth with the appointment of Michael Braid to launch its specialist subsea and renewables business. "We're delighted Michael has joined The Stewart Group team,” said Paul Love, Managing Director of The Stewart Group.  “The caliber of the appointment underpins our growth strategy in the subsea and renewables sector." The Stewart Group, which has offices in Aberdeen, London, Houston, Cape Town and Ghana, is a world leader in shipbroking for the procurement of offshore support vessels, deep sea towage, salvage and ship sale/purchase services.  


US Container Manufacturer Listed Among Fastest Growing

Hoover Container Solutions, provider of liquid & bulk container systems, listed as one of Houston's top 100 fastest growing companies. Houston Business Journal's "Fast 100 List" ranks the fastest-growing private companies in the Houston area by percentage of growth in revenue from 2010-2011. Hoover has experienced 30% or greater annual revenue growth for three years in a row which is a direct result of its efforts to provide greater value to its customers


Japan Radio Adds New Staff

In an effort to continue its ever widening expansion program within the marine electronics market in both North and South America, Japan Radio Company has added key personnel to its U.S. headquarters offices, JRC North America, Seattle, Wash. Ray Carter has joined the company as national sales manager, with experience in the commercial fishing electronics industry. Carter had previously served as general manager for Yaquina Bay Marine Supply in Newport, Ore


Rolls-Royce to Acquire Electric Holding

Rolls-Royce has announced its intention to acquire Scandinavian Electric Holding (SEH), a supplier of system packages for diesel-electric marine propulsion systems, continuing its growth strategy in the marine market. The acquisition, from Borea Opportunity II AS, requires approval from the Norwegian competition authorities, which is expected to be completed within a few weeks. Rolls-Royce will purchase 100 per cent of the equity of SEH for cash consideration of $84m


Authorities Approve Stolt-Nielsen’s Jo Tankers Acquisition

Stolt-Nielsen Limited said it has it received competition authority approval to acquire the chemical tanker operations of Jo Tankers. The acquisition is expected to be finalized before the end of November.   The transaction comprises 13 chemical tankers and a 50 percent share in a joint venture with eight chemical tanker newbuildings, representing an enterprise value of $575 million. The acquired ships would satisfy the tonnage-replacement needs of the Stolt Tankers' fleet for the next


ACCL Adds New Itineraries for 2000

Known as the original smallship cruise line, American Canadian Caribbean Line (ACCL), has established 25 new itineraries for the year 2000. Included in the new schedule are: Gulf Intracoastal Waterway; seven-day Belize/Barrier Reef; Chicago/Upper Mississippi; and Great Lakes/Quebec City. Able to hold between 84 and 100 passengers each, ACCL's three-vessel fleet Grande Caribe, Grande Mariner and Niagara Prince kicked off the new year in Central America and the Caribbean


EPA Strengthens Haz Waste Shipment Regs

The U.S. Environmental Protection Agency is strengthening the regulations that govern the shipping of hazardous waste for recycling between the United States and other countries. The new measures are meant to increase the level of regulatory oversight, provide stricter controls, and greater transparency. The final rule announced today aligns EPA’s hazardous waste import/export/transit shipment regulations with the procedures of the Organization for Economic Cooperation and Development


LGH Expands Equipment Rental Fleet

Image: LGH

Lifting Gear Hire (LGH), a company providing lifting and moving equipment for rent and sale, announced the addition of several new products to its equipment rental fleet.   Joining the company’s rental portfolio is a 4x4x2 Gated Material Basket, as well as several new rigging rollers, including include Beam Clamp Rigging Rollers, Beam Clamp Multi-Rollers and Rack Rollers – each piece of equipment tested, inspected and certified upon request


DGX Adds Ocean Services to Latin America

dgx-header-logo_s1.jpg

Dependable Global Express, Inc. (DGX), a global ocean freight forwarder and NVOCC (non-vessel operating common carrier), and the only neutral freight consolidator serving Central and South America from the U.S. West Coast, has announced the following service enhancements: An every other week LCL (less-than-container load) consolidation service from Los Angeles to Buenaventura, Colombia.  A direct, weekly LCL service to Guatemala City, Guatemala  


ACL Newbuilds for Mississippi and Columbia Rivers

American Cruise Lines (ACL) today confirmed it will be placing the first of four upcoming newbuilds on the Mississippi River, where it currently operates its newest riverboat, Queen of the Mississippi. The second newbuild will operate in the Pacific Northwest on the Columbia and Snake Rivers, where the line is operating the 120-passenger Queen of the West. Construction of both new riverboats is well underway at Chesapeake Shipbuilding in Salisbury, Md.


Egypt Weans Itself off Foreign Gas

Egypt seeking to defer up to 25 LNG cargoes this year-trade; talks with trade houses and producers ongoing.   Egypt is holding talks with its liquefied natural gas (LNG) suppliers to defer contracted shipments this year and aims to cut back on purchases in 2018


Saqr Port Orders Damen ASD Tug

Photo: Damen

Saqr Port, part of Rash Al Khaimah (RAK) Ports, has signed a contract with the Damen Shipyards Group for the delivery of an ASD 2913 tug. The vessel will be built a short distance away at Albwardy Damen in Sharjah and will be delivered in time for the opening of the new bulk terminal at Saqr Port


Tauck to Double Small Ship Cruising Capacity

Tauck announced a four-year plan for doubling its small ship cruising capacity through strategic fleet expansion, deepened partnership programs and new itineraries.   “We’re destination explorers at Tauck and some destinations are best explored by both land and sea


Vesper Marine Launches smartAIS technology

Vesper Marine XB-8000 smartAIS Transponder Photo Vesper Marine

Vesper Marine, a leading manufacturer of innovative marine safety products, announced today the release of its revolutionary smartAIS technology. Combined with award-winning, proven Vesper Marine products, smartAIS provides new capabilities – including the world’s first black box AIS


Abu Dhabi Ship Building Adds New Dry Dock

Photo: Abu Dhabi Ship Building

Abu Dhabi Ship Building PJSC (ADSB) held a ceremony to inaugurate its new floating dry dock at its location in Zayed Port. The floating dock, which began servicing vessels in July 2016, has greatly enhanced ADSB’s commercial service offering


Bahri Profits Fall

Photo: Bahri

 National Shipping Company of Saudi Arabia (Bahri),  the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31. That compares with 566.4 million riyals in the fourth quarter of 2015.  


Gener8 Adds New ECO VLCC

courtesy Gener8 Maritime

Gener8 Maritime announced that it took delivery of the "ECO" VLCC the Gener8 Hector on January 6, 2017 from Hanjin Heavy Industries and Construction Philippines. The Gener8 Hector represents the nineteenth of 21 "ECO" VLCCs expected to be delivered into Gener8 Maritime's


Safety for Gas-Fuelled Ships

Photo: International Maritime Organization @Fjord Lines/Espen Gees

 A new mandatory code for ships using gases or other low-flashpoint fuels enters into force on 1 January 2017, along with new training requirements for seafarers working on those ships.    Gas and other low-flashpoint fuels are cleaner for the atmosphere as they emit very low


FESCO Fleet Adds New Ice-class Container Vessel

Photo:  Far Eastern Shipping Company

 The container vessel “FESCO Nagaevo” with deadweight of 5 215 tons joined the fleet of FESCO Transportation Group. The vessel will operate under the Russian flag, the port of registry is Vladivostok.   The vessel’s full capacity is 508 TEU


CMA CGM Adds New MARMARA EXPRESS Line

Map: CMA CGM

 CMA CGM upgrades its offer between the Eastern and Western Mediterranean Sea with the new MARMARA EXPRESS line.   "We are pleased to announce the new service offer MARMARA EXPRESS which directly links Turkey, Spain, France, Greece and Italy," says a company statement.


ZIM to Enhance its Atlantic Network

Photo: ​ZIM Integrated Shipping Services Ltd

 ​ZIM Integrated Shipping Services Ltd (ZIM)  has announced a significant upgrading of its Atlantic network, offering improved connections between US, Canada and the Mediterranean, starting April 2017, subject to FMC approval.  


MOL Sets up Smart Shipping Office

Image MOL

Mitsui O.S.K. Lines, Ltd. today announced establishment of the Smart Shipping Office (the Office), effective December 1. WhileICT(*1) has rapidly been growing and potential applications at sea and between sea and shore are expanding, the Office will not only contribute to more advanced vessel


Can Trump Make Coal Great Again?

File Image: a cargo of barged coal  makes its way on the U.S. inland river system (CREDIT: Inland Marine)

Most of the U.S. coal industry doubts Donald Trump can fulfill his promise to make the ailing industry great again in a country awash in dirt-cheap natural gas, a competing fuel. But a small sub-section of the coal sector that mines metallurgical coal - a variety used by steel makers instead of


Clean Arctic Alliance Response to Arctic HFO Ban

Image Courtesy Clean Arctic Alliance

Responding to reports that the Association of Arctic Expedition Cruise Operators (AECO) had reconfirmed its support of a ban on heavy fuel oil (HFO) from Arctic shipping during its annual general meeting, Clean Arctic Alliance advisor Dr Sian Prior said:  


DNV GL Adds New Functionality to ECO Insight

Image: DNV GL

 The latest release of DNV GL’s fleet performance management solution ECO Insight adds a range of new analytical and reporting features to the market leading portal.    The new features enable shipowners to manage more vessel data than ever






 
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