The Drew Marine Division of Ashland Specialty Chemical Company has elected John C. "Jack" Finnegan as manager of new business development. Finnegan, who comes to Drew Marine from Newport News Shipbuilding, will be responsible for identifying and developing new business opportunities to expand the range of products and services Drew Marine offers to the marine industry. He will also manage start-up operation and global implementation for the company's new business ventures and product lines.
Korean Register (KR) has opened a new ICT (information communications technology) Center to enhance the application of advanced information and ICT across the maritime and ship classification industries. According to KR, the new high-tech facility has been launched in response to demand from the Korean shipbuilding and marine transport industries, keen to be more competitive in a challenging market. It seeks to address the fact that advanced onshore technologies have been difficult to adapt
Intergraph and the Napa Group will collaborate to improve the interfacing to integrate each other’s shipbuilding and offshore structure software solutions as well as create new capabilities. A mutual arrangement allows the companies to use existing features inherent in their software offerings. Intergraph’s SmartMarine™ Enterprise suite, including its next-generation, data-centric, rules-driven SmartMarine 3D modeling and visualization solution
Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean. Evergreen announce a new ISC-Mauritius-Mozambique-Africa (IMMA) Service linking the Indian sub-continent, Indian Ocean Islands and Mozambique will be launched in late April. Employing three 2,500 TEU vessels, the biweekly service will have its inaugural sailing from Karachi on the 22nd of April 2-13
International maritime services provider, Inchcape Shipping Services (ISS), has appointed Romi Kaushal as Executive Vice President of Operations for their Asia Pacific region. With extensive experience in operations and shore based management, Romi has worked in senior commercial and operational positions across the globe. He was also a Principal Consultant for KPMG, CEO for the Emirates Shipping Line in Hong Kong and has held shipping roles in Hamburg, New York, Dubai and Montreal
Leading classification society ClassNK has released new technical rules and guidance for the survey and construction of inland waterway ships. As a result of ClassNK’s recent expansion of its global activities, in particular across South America, the number of inland waterway ships on the ClassNK register has continued to grow, accounting for 15% of all vessels classed over the past year alone. In order to support this growing market and ensure the safety of the inland
Kursiu Linija has sold a fifty percent share of its equity to Icelandic transport company Eimskip. The deal gives Kursiu Linija resources to continue its growth and develop new intra European services, and continues Eimskip’s strategy of becoming a transport leader, offering total services in the North Atlantic through a network linking key ports in Europe. Lithuania-based K ursiu Linija has an expected turnover of approximately $76.6m in 2006 compared to $58.8m in 2005
BG Global LNG appointed David Maxwell to the leadership team of the Global LNG business, according to a Chron.com report. As vice president and general manager, LNG Business Development, Maxwell will be responsible for developing new LNG opportunities in Asia Pacific for BG as well as helping to realize existing opportunities. Maxwell was with Woodside where he was director, Gas and Marketing and was involved in the development of Woodside's natural gas and LNG portfolio
The new P-310 pilot boat developed by Response Marine is designed to meet the need for a small, fast pilot and transport boat with a low operating and start-up cost. The P-310 is a relatively deep V hull (18-degree transom) with increasingly steep mid and forward sections, designed to deliver a smooth ride. The first hull was built by Viking Welding in Kensington, NH, for use by Eastern Point Pilots, which provides pilot, transport and tow services along the northeaster coast of Massachusetts
MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery, windlasses and mooring winches, all optimised for operations in very low temperatures. Delivery is planned to start in 2017 and continue into 2018.
The Board of Commissioners of the Port of New Orleans and the St. Louis Regional Freightway today entered into a Memorandum of Understanding (MOU) to exchange market and operational information with the goal of growing trade and building upon existing and new business relationships between the two
The UK Chamber of Shipping has welcomed Government’s plans to introduce new technical qualifications, but raised questions as to why marine engineering is absent from the plans. As part of the 2017 Budget, Government outlined its plans to introduce recommendations made
Bayou La Batre, Ala. shipbuilder Horizon Shipbuilding, Inc. said it has hired John Hotz as Vice President of Business Development. Hotz brings to the role industry experience and a background in business development, having worked within the commercial and government marine sector throughout
Antwerp Port Authority has supported Hydrex Underwater Technologies’ plan to expand its existing 5000m² site on Asiadok on the River Scheldt with new workshops and offices. As part of its expansion, the result of organic growth over the past two years
The Government proposes to develop new sea routes and shipping services connecting with various countries. These services are reviewed and restructured as per the viability study, giving due regard to the availability of cargo for a given port-pair at desired freight levels
Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement and regulatory approvals. Hamburg Süd is the world's seventh largest container shipping line and a
An agreement between ZF Friedrichshafen AG and Rolls-Royce Power Systems will see the two companies collaborate even more closely on the development, marketing, sales and service of marine propulsion systems. The combination of MTU engines from Rolls-Royce Power Systems and marine
Incheon Port's annual container volume surpassed 2.5 million TEUs as of December 16, the largest-ever volume in the history of Incheon Port, in 11 years since hitting 1 million TEUs in 2005 and in three years since reaching two million TEUs in 2013.
The Incheon Port Authority or IPA (www.icpa.or.kr, IPA) proclaimed a new voyage to make the top 30 ports in the world in a ceremony to celebrate the achievement of 2.5 million TEU annual container volumes at Incheon New Port located in Songdo-dong, Yeonsu-gu, Incheon, on December 16.
The 50 years since the grounding of the tanker Torrey Canyon in 1967 have seen dramatic and sustained reduction in major oil spills from ships, thanks to cooperation between Governments and industry, says International Maritime Organization (IMO)
Hatteland Display expands second Generation Series X portfolio to provide bridge and navigation technology manufacturers a cutting-edge new platform for current and future product development Nedre Vats, Norway, 23 January 2017 – Hatteland Display
Hyundai Heavy Industries (HHI) has announced that it held the production ceremony of the 5,000th propeller at its Ulsan factory. The 5,000th propeller measuring 10.6 meters in diameter and 77 tons in weight is scheduled to be installed on a 300
Maersk Line reported a 2016 result that is USD 1,679 million lower than the 2015 result (USD 1,303 million). The overriding reason for the loss is a 19% decline in freight rates compared to 2015. Revenue was USD 20.7 billion, which is 13% lower than 2015 (USD 23.7bn).
LNG Demand Set to Outpace Gas Demand Growth from 2015 to 2030 Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year
Damen Shiprepair & Conversion (DSC) plans to lay off around 150 workers as part of its reorganisation program at three Dutch yards within its group. All employees at the three locations — Damen Shiprepair Rotterdam (DSR)