Socgen Joins SEA\LNG
French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEA\LNG. Joining a growing band of industry leaders from across the LNG value chain, Societe Generale brings an essential financial perspective to the group which aims to accelerate the uptake of LNG as a marine fuel. Paul Taylor, Global Head of Shipping Finance…
Hong Kong to Host Global Maritime Forum Inaugural Annual Summit
Hong Kong is chosen to host the Global Maritime Forum’s inaugural Annual Summit on 3-4 October 2018. The high-level meeting will convene key industry leaders with policymakers, experts, NGOs and other influential decision-makers and opinion shapers. Their task will be to share their ideas on the challenges facing the maritime industry and to develop practical proposals to optimise global seaborne trade, thereby increasing sustainable long term economic development and human wellbeing. “We look forward to welcoming the world’s maritime decision-makers to Hong Kong.
Nor-Shipping: Opening Oceans in Denmark
Global maritime event week Nor-Shipping is making its first move outside Norway, with a new initiative to help maritime and ocean industry players realize the almost limitless business potential of the ocean space. Nor-Shipping’s Opening Oceans Conference, taking place in Copenhagen from May 2-3, 2018, will bring businesses together to illustrate and discuss key opportunities, equip delegates with the tools to tackle them, and facilitate fresh collaborations. Timed to coincide with Danish Maritime Days…
Arctic Seas Environment: Seminar on Catastrophic Oil Spill
Federal, state, local, tribal & industry leaders meet for 'Arctic Spill of National Significance' seminar in Anchorage, Alaska. A Spill of National Significance is defined as a spill that, due to size, location actual or potential impact on the environment or the necessary response effort, is so complex it requires extraordinary coordination of federal, state, local and responsible party resources to contain and clean up the discharge. The Arctic SONS seminar served to…
Stena Line Selects Bekaert
Stena Line selects Bekaert to help conserve energy among its fleet of ships. With the installation of Bekaert advanced solar control window film, industry leader Stena Line minimizes fuel consumption, improves comfort for passengers and employees and significantly lowers air conditioning use. The savings based on the cost of air conditioning has been calculated to be approximately 247,000 kWh/year, which could equal fuel savings of 58 cubic meters/15,321 U.S. gallons for one ship. The collaboration between Stena Line and Bekaert creates vast opportunities, both for the maritime industry leader and the environment. Bekaert window film was developed after years of research by the company's scientists active in its pioneering research and development centers in San Diego…
London International Shipping Week Kicks Off
Maritime UK welcomes leaders from across the global shipping, ports and maritime business services sectors to the inaugural London International Shipping Week from 9, September 2013. Through the week, Maritime UK will be covering all the major stories, announcements and events. On Monday morning it will publish the results of an extensive survey of UK industry leaders, saying what they think of the UK economy and its competitiveness. The week, says Maritime UK, is about the UK standing up and telling the world that not only is it proud of its maritime past…
Mitsui Marine, Sumitomo To Merge By April 2002
Sumitomo Marine & Fire Insurance and Mitsui Marine & Fire Insurance agreed to merge by April 1, 2002, in a move that would create Japan's largest non-life insurer. With combined assets of $51.7 billion, the merged company will outstrip current industry leader Tokio Marine & Fire Insurance, whose assets stand at $48.5 billion. Analysts say the merger will accelerate consolidation in the sector, where competition is intensifying, due mainly to the deregulation of insurance premiums in July 1998. The companies will unveil a detailed merger plan in March.
LR North America Earns Safety Award
Lloyd’s Register North America, Inc. has received the 2004-2005 Industry Leader Safety Award in the Maritime Services category from Signal Mutual Indemnity Association. LRNA was selected from 200 member companies for the quality of its internal safety programmes and its exemplary safety record.
Holt, Crane Lead the Change at Load & A-2-B Company
A-2-B Company appointed Mark Holt as general manager, while Jeff Crane directs sales and marketing for the Load & A-2-B Company, the industry leader in wireless crane safety solutions. Jeff Crane said, “With new product innovations, our company will exceed the 25 percent annual sales increases we have enjoyed for the last seven years.”
NSRC Convenes For Ship Repair Conference
Ship repair industry leaders from all three coasts and Hawaii converged in Washington, D.C., last week to kick off the National Ship Repair Coalition’s (NSRC’s) 2002 National Ship Repair Conference at the Washington Court Hotel on Capitol Hill. The annual conference is instrumental to both ensuring Fleet readiness and addressing the challenges that face the domestic industry. “NSRC is a leader in efforts aimed at ensuring the security of the United States while enhancing the safety and quality of life of the servicemen and women who put their lives on the line each day,” said NSRC President Christopher Long. NSRC is a supporter of fully funding critical readiness accounts, such as ship depot maintenance, which have historically been underfunded.
ABS Seminars Advance Cybersecurity Knowledge
ABS brought together nearly 100 industry leaders, government officials, technical experts, and academic leaders in Singapore to discuss cyber-related threats and risks in the marine environment and explain the value of the ABS CyberSafety program. The seminar is one of many ABS is hosting across Asia, Europe and the Americas currently. “ABS understands the cyber challenges owners and operators face today with increased software integration and greater levels of automation,” says ABS Chief Technology Officer Howard Fireman.
Report: Korean Shipbuilders Dominate Global Orders
Reports indicate that South Korea's shipbuilders ranked No. 1 through No. 7 worldwide in terms of order backlogs for the first time ever as of the end of February, a London-based market researcher said Monday. Seven domestic shipyards' order backlogs accounted for 35 percent of the global industry's total of 107.34 million compensated gross tons (CGT), Clarkson Plc. said. Hyundai Heavy Industries ranked No. 1 worldwide with an order backlog of 10.82 million CGT, it said. Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries Co. were the second and third largest with order backlogs of 7.82 million CGT and 7.44 million CGT, it said. Industry leader Hyundai Heavy's two subsidiaries _ Hyundai Mipo Dockyard Co.
Challenging Themes at BIMCO’s Vancouver General Meeting
Climate, energy and demographics are to be discussed by industry leaders in Vancouver BC, when BIMCO, the world’s largest representative shipping organisation holds its General Meeting in the Canadian city in June this year. Issues of sustainability are never far from the thoughts of ship operators these days, especially when contemplating the purchase of new ships, which may well have a 25 year lifespan. Shipping people have to look further ahead than most, as they contemplate the future demand for their ships…
Naval Patrol Craft, Weapons – Brazil Conference Offers Market Insight
Senior officials of the regional seas of Brazil, Chile, Colombia, Ecuador and Trinidad and Tobago, as well as international representatives of the United States Coast Guard and Department of Defense of the United States will lead sessions of the inaugural Offshore Patrol Vessels in Latin America Conference, which will be held from 21 to 23 May 2012 in the Stock Exchange Convention Center in Rio de Janeiro, Brazil. The forum during the three-day conference will be the first ever undertaken collaboratively with the Navy of Brazil to explore patrol vessels and combat surface ships throughout Latin America. In this communication platform for decision makers naval and maritime security…
Classification Society ABS Selects Key Advisors
Following the 151st Annual Meeting of Members and of the Board of Directors ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment. “ABS is proud to announce such a strong group of marine and offshore industry leaders that will help guide the direction of one of the world’s leading classification societies,” said ABS Chairman and CEO Christopher J. Wiernicki. John A. RADM James A.
Connaughton Keynote MMA Summit
Massachusetts Maritime Academy announced Sean T. Connaughton as the keynote speaker for the Maritime Education Summit to be held April 15 -17, 2009. The summit is focused on Trends and Pedagogy for the Future and will be held at the Academy’s campus in Buzzards Bay, Massachusetts. Mr. Connaughton served as the U.S. Maritime Administrator until 2009 and recently joined the American Bureau of Shipping (ABS) as Corporate Vice President for Government Affairs. In this role, Mr. Connaughton is the bureau’s chief connection with senior government officials and works to build relationships with those who influence policy on maritime safety and classification matters. In joining the Maritime Education Summit at Massachusetts Maritime Academy, Mr.
SSI Rep Sponsors Brazilian Offshore Seminar
SSI and its representatives continue to engage with leaders of the shipbuilding and offshore industry to help increase productivity and solve business challenges. On April 23, Sincronia, SSI's representative for ShipConstructor software in Brazil, is sponsoring the first seminar focused on the shipbuilding and offshore construction cluster in the state of Pernambuco. Estaleiro Atlântico Sul (EAS) and the American Bureau of Shipping are cosponsors of this event which has been organized by SOBENA (Society of Brazilian Naval Engineers), in partnership with Petrobras, Transpetro, EAS, FIEPE and the Federal University of Pernambuco. The seminar…
Scalia to Address CGA Corps of Cadets
The Honorable Antonin Scalia, Associate Justice of the U.S. Supreme Court, is scheduled to speak at the U.S. Coast Guard Academy March 18, as the 2014 Hedrick Fellow. Justice Scalia will address the corps of cadets in Leamy Hall Auditorium at 7:30 p.m., in an event that is open to the public. Justice Scalia was nominated by President Ronald Reagan and is currently the longest-serving justice on the Supreme Court. He took his seat on the Court, Sept. 26, 1986. The purpose of the Hedrick Fellow program is to bring world-renowned political, military, and industry leaders to the Academy to share their knowledge and insight with cadets and faculty, and provide an opportunity for the Coast Guard’s future leaders to learn from the experiences of America's most distinguished leaders.
GD to Purchase Advanced Technical Products
General Dynamics and Advanced Technical Products, Inc. today entered into a definitive agreement for General Dynamics to acquire all 5.89 million outstanding shares of Advanced Technical Products (ATP) for a cash purchase price of $33.50 per share. In addition, General Dynamics would assume approximately $36.2 million of ATP's net debt and retire approximately $16.2 million in ATP stock options, bringing the transaction's value to approximately $250 million. The acquisition would be immediately accretive to General Dynamics' earnings. ATP closed at $28.53 in yesterday's trading. The proposed transaction, unanimously approved by the boards of directors of both companies, is subject to ATP shareholder and regulatory approval and customary closing conditions.
Large Yacht Fire-fighting: Upcoming Resolve Symposium
Resolve Maritime Academy informs it is to participate with industry leaders in a discussion at Roscioli Yachting Center, Fort Lauderdale, Florida, on new techniques and training in fighting fires aboard large yachts. Resolve explains that in conjuncture with MES, Bullard and PyroLance, they will be discussing large yacht shipboard firefighting methods. As technology and techniques grow and evolve, it is important to stay abreast of current and future trends in order to minimize risk and damage.
Samref Wraps Yanbu Refinery Revamp
Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel. The SAMREF partnership, which is celebrating 30 years of joint refining operations, demonstrates the long-term collaboration and progress towards meeting the energy needs of Saudi Arabia’s growing economy. The project is the…
OTC is a Success
New technologies and new ideas to sustain the growth of the industry overflowed at this year’s Offshore Technology Conference (OTC), bringing a record 51,320 attendees to Houston for four days. The conference was held 2-5 May at Reliant Center at Reliant Park in Houston. “Industry leaders gathered in sessions focused on the future of financing the offshore oil and gas industry to meet the world’s increasing energy demands and on recruiting personnel to replace the aging workforce,” said Rod Allan, OTC .05 Chairman. Allan added that an array of new technologies was presented for the first time. The Spotlight on New Technology program highlighted 14 innovative technologies that are already making the industry more successful.
Jelenić Joins Pacific Merchant Shipping Association
Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016. Jelenić brings two decades of maritime industry experience to his new role, including more than 14 years in environmental and planning positions at the Port of Long Beach, the nation’s second busiest seaport, and senior management roles in private consulting and logistics development.