Industrial Products News

The L.S. Starrett Company, a manufacturer of precision measuring tools and gages, metrology systems and more, appointed Matthew Wells as Director of Operations and Continuous Improvement, responsible for Production, Planning, Production Control and Purchasing, Inventory Management, Warehouse and Shipping, Quality, Manufacturing Engineering, Facility, EHS, Maintenance and Continuous Improvement. Wells reports directly to Mr. Emerson Leme, Vice President, Starrett Industrial Products, North America.

Jeff Chittim, ESAB’s North American Senior Product Manager for Heavy Industrial Products, discusses how WeldCloud online applications and the ESAB Heavy Industrial Product Line are a powerful tandem to help shipyards improve weld quality and efficiency.While automation has gone a long way in making shipyards more efficient, today shipbuilding remains a hands-on endeavor, with a dearth of ‘welders and fitters’ being a common lament.Technology companies such as ESAB, a global supplier of welding and cutting solutions across industries…

Sun Feng formerly a CCS vice president, was named Chairman and President, taking over from Mo Jianhui, who retired.In a handover ceremony at CCS headquarters in Beijing, Sun paid tribute to Mo, praising his contribution to CCS.“Mr. Mo oversaw the rapid growth of our classed fleet, an expanded global network and he helped increase our international presence and influence, we thank him for all the success he helped deliver,” he said. “We have also seen our offshore business increase despite the downward trend.

France is launching a program for the construction of third-generation nuclear-powered, ballistic missile-carrying submarines - SSBN (SNLE 3G). The program aims to provide a new generation of four nuclear-powered ballistic missile submarines that will serve the French Navy's operational needs between the 2030s and the 2090s. The construction of the new submarines will be led by the French company Naval Group.The new submarines will gradually replace the second-generation SSBN…

Harken Industrial to manufacture and distribute C-Hero Man Overboard Rescue System.The USCG (SubM) option boats are required to perform a MOB drill for the USCG at the time of COI. In 137.215 (4) a surveyor has to examine systems in support of drills and training to ensure that it operates as intended. In response, the C-Hero MOB system can be an incredibly simple and affordable solution to that challenge. C-Hero founder Shane Smith, worked for more than 30 years as a tug captain performing coastwise towing, pushing barges on the rivers, and ship docking on San Francisco Bay.

Saab has received an order from the China Maritime Safety Administration to renew and extend the Vessel Traffic Management Information System (VTMIS) in Shanghai, improving the safety and efficiency of shipping in the world's largest container portThe project will take 18 months to complete, and includes the replacement of most of the existing radar and communications systems, two traffic centres and the delivery of a new supervisory centre."Saab's expertise in upgrading complex existing systems with minimal operational disturbance was a key consideration for the China Maritime Safety Adminstration. With a daily import and export of 3 billion dollars' worth of goods…

Harken Industrial is pleased to announce a manufacturing and distribution agreement for the complete C-Hero Man Overboard Rescue System.The system will be manufactured to ISO 9001standards by Harken Industrial in Pewaukee, Wis., and distributed by C-Hero, a California-based company, in the United States. Harken will sell the system through its industrial products network in the rest of the world.The C-Hero StoryC-Hero founder Shane Smith, a tugboat captain, started his career working with his father in Hawaii during the 1970s doing diving, salvage, bunkering, and ocean towing.

The Board of Directors of Canadian National Railway Company (CN) announced the appointment of Jean-Jacques Ruest as President and Chief Executive Officer of CN effective immediately. Ruest has also been appointed to CN’s Board of Directors.“In JJ, we have the best. He brings vision, energy, and speed to the role. JJ brought the team together to tackle the immediate operational and customer service challenges the Company was facing since the fall of 2017,” said Board Chairman Robert Pace.Ruest, 63, has been with the Company for 22 years, the last eight as Executive Vice-President and Chief Marketing Officer.“I am very proud to be a CN railroader, and I am honoured and humbled by the Board’s confidence in me and the entire leadership team,” said Ruest.

Germany's HSH Nordbank, once the world's biggest ship financier, aims to buy shipping loans from other banks and make new investments in the industry as it emerges from years of turmoil, a top bank official said.The bank's regional government owners are selling the lender to buyout groups Cerberus Capital Management and J.C. Flowers, with investors GoldenTree, Centaurus Capital and Austrian bank BAWAG also taking stakes."HSH, at the end of this process of privatization, will for the first time since 2008 be restored.

The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods.The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential tariff exemptions and suggested a hardening of the Trump administration's approach to trade negotiations.It also sent a chill through financial markets…

At the opening session of the 2016 SNAME Maritime Convention in Bellevue, Washington, George A. (Sandy) Thomson was elected a Fellow of the Society of Naval Architects and Marine Engineers (SNAME). This is quite an honor for Thomson who has a long family history in the maritime industry. Thomson’s great, great grandfather was a deep sea captain sailing the Great Lakes before becoming a lighthouse keeper; his uncle was head of Shell Canada when Shell maintained a fleet of steam powered tankers operating on the Great Lakes…

The world's biggest container shipping line Maersk Line  by capacity estimates  up to a 15% increase in container volumes from Asia to the rest of the world in early 2016, which could indicate that industry demand is on the rise, despite recent issues with weak demand and swelling overcapacity, according to The Wall Street Journal. Robbert Van Trooijen, CEO of Maersk Line Asia Pacific, said, “There has been more demand certainly this time around than it was last year. That in itself is a positive sign of a good start to the year. “What we don’t know yet is what will happen when the factories come back from collective holidays. The performance of the container-shipping industry…

EXMAR stated that on June 23rd 2015 under the witness of King Philippe of Belgium and President Xi Jinping, Mr. Jiang Jianqing, Chairman of Board of ICBC and Mr. Nicolas Saverys, CEO of EXMAR, signed the financing agreement for the world’s first floating LNG unit (FLNG – Floating Liquefaction and Storage Unit). ICBC will provide financing to EXMAR for the FLNG project in a total amount of USD 200,000,000. up to now, and also the highest technology project. It is known that Belgium is China’s 5th biggest trading partner in the European Union, but the major exporting products to Belgium are low-level industrial products like steel and toys. The FLNG ordered by EXMAR is the world’s first floating natural gas liquefaction unit. offshore units.

The CMA CGM Group last week received the largest vessel of its fleet, a 17,722 TEU containership CMA CGM Kerguelen, to be christened May 12 in Le Havre. CMA CGM Kerguelen measures 398 meters long and 54 meters wide, making it the largest container ship in the CMA CGM fleet. It has capacity for 17,722 twenty-foot equivalent containers. CMA CGM KERGUELEN will be positioned in the shipper’s French Asia Line, which links Europe to Asia. Thus, the ship will export consumer products (fruit…

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak Marine Industries and Vigor Industrial today announced the companies are merging to unite their strengths in the design and fabrication of aluminum workboats, shipbuilding, and boat building. Under the terms of the merger, Kvichak will become a wholly owned subsidiary of Vigor. Kvichak’s current owners (Jim Meckley, Brian Thomas and Keith Whittemore) will join Vigor as shareholders and as members of the leadership team. “My partners and I are very excited to be joining Vigor. Sharing best ideas and practices across companies will make us even more competitive and create a more stable business base for our workers…

Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office. Of his 24-year career with Bain, Mr Vestring has spent over two decades in Asia advising leading companies on portfolio strategy, growth, mergers and acquisitions, merger integration, organisation and performance improvement. The companies he has advised include those in shipping, offshore & marine, industrial products, automotive, infrastructure, commodities, airlines and telecoms. Mr Vestring works closely with Asian and multinational companies to grow organically and inorganically across Asia. He is also part of Bain's Developing Market 100 initiative that partners high-growth companies in developing markets on the journey towards global leadership. and Bangkok.

Chinese Foreign Minister Wang Yi, who is visiting Africa, has accelerated its drive to draw the continent into the Maritime Silk Road — Beijing’s ambitious transcontinental initiative, reports The Hindu. The core of the "One Belt and One Road" initiative, the creation of a Silk Road Economic Belt and 21st Century Maritime Silk Road, is infrastructure construction. China should also include Africa in the initiative and encourage the transfer of its labor-intensive industries to Africa. China thinks that a modern standard-gauge rail link between Nairobi and Mombasa will linkup the capital of Kenya and the country’s well-established port has much larger implications.

BHP Billiton last night celebrated the shipment of its one billionth tonne of iron ore to China with customers, industrial associations, joint venture partners, suppliers and employees in Shanghai. BHP Billiton’s Chief Executive Officer Andrew Mackenzie was joined by President Iron Ore Jimmy Wilson, President HSE, Marketing and Technology Mike Henry, President Coal Dean Dalla Valle and guests to reveal the commemorative plaque to mark the milestone. Mr Mackenzie said BHP Billiton, a leading global resources company, was proud to contribute to the important trading relationship between China and Australia and to the country’s steel industry. “China is of immense importance to BHP Billiton and to Australia,” he said.

Boeing and Oracle Team USA (winner of the 34th America's Cup) are collaborating to recycle 7,000 pounds (about 3,175 kilograms) of carbon fiber of USA-71, a yacht built for the America's Cup campaign in 2003. The hull and mast of the racing yacht will be processed and repurposed, a first-of-its-kind effort for what will likely be the largest carbon structure ever recycled. Boeing and Oracle Team USA, working with research partners, will utilize a technique developed to recycle composite materials from Boeing's 787 Dreamliner…

PwC US today announced the addition of John Donahue as a director in the firm’s transportation and logistics sector within the larger Industrial Products practice. With more than 25 years of experience in all aspects of the transportation and logistics industry, Donahue will be responsible for leading the freight-related segments for the firm’s transportation and logistics engagements. According to PwC, Donahue will help freight transportation companies implement new business strategies…

Tidewater Inc. announced the election of Richard D. Paterson to its board of directors for a term beginning November 13, 2014 and expiring in July 2015. Richard D. Paterson is a certified public accountant who retired from Price Waterhouse Coopers LLP (PwC), an international network of auditors, tax and business consultants, in 2011 after 37 years of service. At the time of his retirement, Paterson served as the global leader of PwC's Consumer, Industrial Products and Services Practices comprising the automotive…

East Africa's biggest port, Mombasa, expects to handle at least 14 percent more cargo this year, helped by its expanded capacity and a marketing drive, its management said on Thursday. The Indian Ocean port handles fuel, consumer goods and other imports for Uganda, Burundi, Rwanda, South Sudan, Democratic Republic of Congo and Somalia, and exports of tea and coffee from the region. Gichiri Ndua, the port's managing director, said in a statement that they expected a cargo throughput of 25.5 million tonnes this year, up from 22.31 million handled in 2013. Between January and October this year, cargo volumes at the port rose 8.3 percent to 15.8 million tonnes compared with the same period in 2013, Ndua said.

Brokers Marcon International were in attendance and inform of the launch of the 300’ x 100’ x 20’ heavy deck cargo barge “Prometheus” (Hull No. 104) built and designed by Gunderson Marine, Portland, Oregon, for Ulysses LLC. The new barge was christened by Mimsy Huger Lindner and promptly and safely launched to the sound of the swirling bagpipes of the Clan Macleay Pipe Band. “Prometheus” is a double raked ABS +A1 Barge with recessed bitts, a parabolic bow rake and about a 29,572ft2 clear deck.