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Wärtsilä and V.Ships to Form Partnership

Wärtsilä and V.Ships agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Wärtsilä and V.Ships plan to offer an integrated portfolio of services that encompasses the full lifecycle of ship's machineries at competitive cost. The new partnership offering of Ship and Technical Management Services embrace technical supervision, machinery maintenance planning, conditioned based maintenance and planning, software updates, training programs, spare parts and labor, logistics and accounting for technical management. The shortage of skilled labor and the increasing complexity of ship machinery represent a challenge for the marine industry. Wärtsilä and V.Ships' partnership is an alliance that is aimed to provide skilled labor, who are continuously trained and supported by state of the art logistic and management organization.


BIW And Energy Research Corp. Form Partnership

The Advanced Technology Division of Bath Iron Works (BIW) and the Energy Research Corporation (ERC) have partnered to develop an advanced carbonate-based fuel cell energy plant for defense marine applications. The partnership is an effort to improve ship electric power generation (also known as ship hotel power), with the development of the high efficiency Direct Fuel Cell (DFC) Ship Service Fuel Cell. "The establishment of this alliance marks the beginning of a process we believe will lead


Teekay Petrojarl Contracts Damen for FPSO Upgrade

Teekay Petrojarl’s FPSO Petrojarl I (Photo: Damen)

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an EPC contract by Petrojarl I LLC for the upgrade of its FPSO Petrojarl I. The Petrojarl I is a Teekay Petrojarl managed FPSO built in 1986 which has been active in the North Sea. Its redeployment will be at the Atlanta field in Brazil.   The Petrojarl I is contracted by Queiroz Galvão Exploração e Produção (QGEP) for deployment at the Atlanta post-salt


Lockheed and Blohm + Voss Form Partnership in Support of LCS

Lockheed Martin and Blohm + Voss forged an agreement to work together in providing the U.S. Navy with a Littoral Combat Ship (LCS) solution capable of meeting the stated requirements of speed, range, payload, cost, capability, survivability and supportability. The agreement, in the form of a memorandum of understanding, calls for a continuance of the relationship established between both companies for the Navy's ongoing Ship Concept Studies


Hong Kong Joins U.S. Customs CSI

Robert C. Bonner, Commissioner of the U.S. Customs Service, today announced the signing of a declaration by Hong Kong to join the Container Security Initiative (CSI), a key U.S. Customs initiative designed to prevent global sea cargo from being exploited by terrorists to inflict harm on America and other nations of the world. "I applaud the government of Hong Kong for joining the U.S. Customs Service Container Security Initiative


Hoegh LNG Partners Prices IPO

  Höegh LNG Partners LP  a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd., announced today the pricing of its initial public offering of 9,600,000 common units representing limited partner interests in the Partnership at $20.00 per unit. The Partnership has also granted the underwriters a 30-day option to purchase up to 1,440,000 additional common units. The common units being offered represent a 36


Gulf Oil & Aegean Strategic Partnership

On Feb. 10, Aegean Marine Petroleum Network Inc. (NYSE:ANW) and Gulf Oil Marine Ltd., a member of Gulf Oil Group, announced that they entered into a strategic partnership for the global distribution of marine lubricants. This partnership will allow for Aegean to join the Sealub Alliance Network, a group recently formed by Gulf Oil Marine to distribute high-quality marine lubricants. The strategic partnership between these two companies will allow for a significant extension in Sealub


New Defense Cooperation with India

  Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India and the United States that promise to open a new chapter in our defense relationship and mark an important milestone in the U.S.-India strategic partnership. By finalizing the renewal of our 10-year framework for the U.S.-India Defense Relationship, we will continue to build on the growing momentum in our defense cooperation


Transas, XVR Simulation Form Partnership

Photo: Transas

Transas has announced its new strategic cooperation with XVR Simulation to expand their maritime training capabilities and to deploy common complex projects in the safety and security simulation market.   Transas and XVR Simulation have just entered into a Memorandum of Understanding (MoU), which was officially signed on the first day of the Transas Simulation User Conference 2016, in Singapore. The two will work close together to extend offers for existing and future customers of both


Thomas Gunn Navigation and Transas Marine Form Partnership

A Transas 24-inch ECDIS Panel PC (Photo: Transas Marine).

Thomas Gunn Navigation Services and Transas Marine Ltd. announced today a new partnership which will bring significant benefits to customers of both organisations. Thomas Gunn will now offer Transas Navi-Sailor 4000 ECDIS as part of its total navigation solution, while Transas will offer Thomas Gunn’s paper chart management service, which includes Admiralty and International HO’s paper charts and paper publications, as a part of its ECDIS package.


ReCAAP, OCIMF Sign Asian Anti-Piracy MoU

ReCAAP Information Sharing Centre Executive Director Masafumi Kuroki (L) and OCIMF Director Andrew Cassels affirm shared interest and collaboration with MOU. Photo provided by ReCAAP Information Sharing Centre

The safety of navigation is vital to the safety, security and economic activities of all stakeholders traversing sea routes in Asia—the region with some of the busiest seas in the world.    Recognising this shared interest, the Regional Cooperation Agreement on Combating Piracy


GE, Maersk Drilling Accelerate Digital Partnership

 The image shows Maersk Drilling’s rig Integrator. Photo Credit: Maersk Drilling

The 'digital revolution' continues in earnest in the maritime and offshore energy sectors, driven by new pilot programs with positive results such as GE (NYSE: GE) and Maersk Drilling, which announced this morning an extension of the scope of their digital partnership following the positive


Egypt to Establish USD 4bln Petrochemical Complex in Suez

Photo: Suez Canal Authority

 Egyptian Ministry of Petroleum entered in a partnership with the Ministry of Public Business Sector to establish a petrochemical plant in Suez governorate at a total cost exceeds $4 billion, Zawya reported quoting Petroleum Minister Tarek el-Molla.  


Odfjell Acquires Five Chemical Tankers

CTG Bismuth (Photo: Odfjell SE)

Odfjell SE informs it has signed a final agreement to acquire five chemical tanker newbuilds from Chemical Transportation Group, Inc (CTG) and form a pool of 15 chemical tankers.   The transaction has been signed and completed, Odfjell said


Damen Continues to Forge Australian Connections

(Photo: Damen)

Damen Shipyards Group has sent a high level delegation to meet with key members of the Australian shipbuilding industry, signifying its commitment to the SEA 1180 Program.   With an eye on maximizing local industry content and ensuring long-term Australian jobs


MSHS Named FPT's North America Distributor

FPT North America announced an exclusive partnership with marine distributor Motor-Services Hugo Stamp, Inc. (MSHS), an FPT distributor partner since 2005.   FPT awarded MSHS the North American territory, which includes all of the U.S., Canada and Mexico


Seanergy Maritime Reports Q1 Results, Acquires Vessel

Photo: Seanergy Maritime

 For the quarter ended March 31, 2017, Seanergy Maritime Holdings Corp generated net revenues of $13.3 million, a 90% increase versus the same period 2016.    As of March 31, 2017, stockholders’ equity was $26.7 million and cash and cash equivalents


Lloyd’s Register Helps Seafarers in Need

The LR funded Sailors’ Society Emergency Welfare Fund has helped thousands, including  seafarer’s son, Mati. (Photo: Sailors’ Society)

Lloyd’s Register (LR) has donated £20,000 to Sailors’ Society’s Emergency Welfare Fund which provides financial relief to seafarers and their families in dire need.    Every year, maritime charity Sailors’ Society is inundated with requests for support


Denmark to Host European Maritime Day in 2024

Photo: Mads Claus Rasmussen, Danish Maritime Authority

 In 2024, Denmark will be hosting European Maritime Day with more than 1,000 participants. With its maritime surroundings, the city of Svendborg will be the setting of the conference, said a press release from Danish Maritime Authority.  


Hurricane Dora Forms Off Mexico's Pacific Coast

Image: U.S. National Hurricane Center

Hurricane Dora formed off the western coast of Mexico in the Pacific Ocean on Monday, but it was expected to slow and remain offshore, the U.S. National Hurricane Center (NHC) said. Dora, the first hurricane to form in the Pacific so far this year


Statoil, AET Expand Shuttle Tankers Contract

The shuttle tanker Eagle Barents currently on charter for Statoil from AET. (Photo: Statoil)

Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group, MISC Berhad


The U.S and Philippine Navies Hold Maritime Drill

Official U.S. Navy file photo

 The U.S. and Philippine navies will participate in the Maritime Training Activity Sama Sama June 19-25 in the vicinity of Cebu.    Maritime Training Activity Sama Sama is designed to enhance the complexity and diversity of training opportunities


Lake Constance Ferry to Test MTU Gas Engine

From left: Stefan Ballier, senior manager of ferry operations at the Constance utility; Dr. Norbert Reuter, head of the city of Constance utility company; Andreas Schell, CEO of Rolls-Royce Power Systems; and Matthias Vogel, Vice President Sales at Rolls-Royce Power Systems. (Photo: Rolls-Royce Power Systems)

From 2019, Rolls-Royce Power Systems and the City of Constance public utility are to begin testing the marine propulsion technology of the future on Lake Constance. This takes the form of a gas engine carrying the MTU brand. The public utility's new car ferry is to be equipped with twin


GloBallast Story Published at UN Ocean Conference

Photo: Photo: International Maritime Organization (IMO)

 During the 20th century, tiny organisms carried in the ballast water of ships began to be recognized as alien invasive species.    These aquatic species were hitching a ride across the oceans and some were embedding themselves in new areas


RSC Bio Solutions, Drew Marine Ink Distribution Deal

Mike Guggenheimer (Photo: RSC Bio Solutions)

RSC Bio Solutions and Drew Marine announced a new global marine distribution partnership at a press event held at Nor-Shipping’s annual conference in Oslo, Norway. This strategic alliance creates enhanced global availability for RSC Bio Solutions’ high performance






 
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