Bourbon, Bureau Veritas Partner on Digitalization
Under a new strategic partnership agreement, French offshore services firm Bourbon and testing, inspection and certification services provider Bureau Veritas will develop and deploy new digital technologies, including solutions for automation, real time fleet monitoring and mitigating cyber risks. For dynamic positioning systems in particular, the partnership will aim to deliver advanced automation of to enable real-time advisory tools for bridge operators and remote support for onshore teams…
Transas, Japan Radio Company Announce Strategic Partnership
The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value. Transas, the innovative, digital solutions company, and Japan Radio Company (JRC), a leading global marine electronics company, today announced their new strategic partnership. The two industry-leading companies will work together in research and development, product distribution and project collaboration. The technical…
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 Alliance's presence to more than 450 ports in 40 countries. By rapidly expanding the number of ports as well as the facilities and services offered by its members…
Modern Terminals, WNS, Form BPO Alliance
Modern Terminals Ltd. and WNS (Holdings) in strategic partnership to provide Business Process Outsourcing (BPO) services. Modern Terminals Limited, a leading container terminal operator headquartered in Hong Kong, and WNS (Holdings) Limited , a leading provider of global Business Process Outsourcing (BPO) services, announce a strategic partnership to deliver BPO services and solutions to the shipping and logistics industry. Under the agreement, WNS and Modern Terminals will jointly work to provide shippers, forwarders, 3PL’s and ocean carriers BPO services designed to reduce costs as well as improve business process efficiency and effectiveness. "We are continuously on the lookout for new and more innovative ideas that can potentially add value for our customers,” said Peter J.
GL Nobel Denton Expands Safety and Risk Services
GL Noble Denton has expanded its safety and risk services to the Norwegian oil and gas market through a new strategic partnership with Stavanger-based consultancy, XAFE. The cooperation will allow both businesses to meet a growing demand for risk analysis, technical safety, and HSE management services from companies operating in the Norwegian and UK North Sea. Under the agreement, experienced local GL Noble Denton and XAFE engineers will deliver leading-edge safety engineering solutions and consultancy to a wide range of clients, supported by GL Noble Denton's worldwide team of senior safety experts. Both companies will expand their presence in Norway through a broader range of complementary services.
Risk Intelligence & Pole Star Form Strategic Partnership
Risk Intelligence, a security and piracy intelligence specialist, have announced their strategic partnership with Pole Star Space Applications, a leading provider of realtime asset tracking and monitoring solutions. The companies are working to integrate several solutions, allowing mutual customers to combine the benefits of realtime fleet information with the latest intelligence on piracy and security incidents around the world. The first product will be launched Q1 2014. “There…
Elektrans, CST & Marine Service to establish Chemtrans
Elektrans Group has joined hands with German tank operator Chemikalien Seetransport (CST) and the consultancy and engineering company Marine Service GmbH to establish a joint venture -- Chemtrans India Pvt Ltd. "Elektran Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport GmbH (CST) and the consultancy and engineering company Marine Service GmbH are pleased to announce that they have concluded a joint venture agreement to set up 'Chemtrans India Private Limited," Elektrans group said in a statement.
India Plans to Increase Submarine Fleet
Indian Defence Minister Manohar Parrikar said the country must rethink its submarine building plan and look for greater numbers than the existing plan of making 24 submarines. "Indian Navy needs to rethink its submarine building plans and should look for more number of submarines," Parrikar said. Referring to the existing 30-year submarine building plan that envisages construction of 24 submarines--both nuclear and conventional--Parrikar said India needed a longer plan till 2050.
Orange Shipbuilding Signs Partnership with OSHA
Conrad Industries, Inc. announced today that its subsidiary, Orange Shipbuilding, Inc. has signed a one-year Strategic Partnership Program Agreement for Worker Safety and Health with the Department of Labor Occupational Safety and Health Administration (OSHA). This voluntary, cooperative relationship is designed to increase occupational safety and health and to reduce injuries and illnesses. Lewis J. Derbes, Jr., Conrad’s Vice-President and CFO commented, “The Company is committed to protecting its most valuable assets: its employees. Through their hard work and commitment to the Company’s safety principles, Conrad has become one of the safest shipyards in the United States and was distinguished as such by the Shipbuilders Council of America earlier this year.
SMU-DNV International Cooperation Centre
Shanghai Maritime University (SMU) and DNV have signed a strategic partnership agreement to establish the “SMU-DNV International Cooperation Centre. The objective is to further expand and deepen the existing relationship between the parties and thus advance the development of the Shanghai International Shipping Centre. According to the strategic partnership agreement, Shanghai Maritime University and DNV will use the SMU-DNV International Cooperation Centre as a platform to strengthen cooperation in the areas of competence development, training, maritime research and development, scholarships, etc., thus contributing to the growth of the Shanghai International Shipping Centre. At the same ceremony, Jörg Beiler was appointed visiting professor of SMU by Yu Shicheng.
HK Container Terminal Interests Cashed-in by DP World
DP World has entered into two transactions to monetise its interests in two container terminals & a logistics centre in Hong Kong. The transactions will see DP World monetise 75% of its interests in CSX World Terminals Hong Kong Limited (CT3), which operates berth 3 of the Kwai Chung Container Terminal (‘CT3’) and ATL Logistics Centre Hong Kong Limited (ATL), a logistics centre located alongside CT3, and 100% of its interest in Asia Container Terminal Ltd (ACT), which operates Asia Container Terminal 8 West (CT8).
Exova Partners with Endures Center
Exova, the global testing, calibration and advisory services provider, has agreed a strategic partnership with Endures in the Netherlands, previously known as the TNO Maritime Material Performance Center. Endures’ Den Helder center is primarily focused on the marine and offshore industry, and its team of scientists oversees research and testing in microbiological corrosion through DNA analysis, bio and anti-fouling, and mechanical, chemical and electrochemical corrosion. The center’s…
Kim Heng Offshore Inks Pact with Iran Marine
The Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a memorandum of understanding with the Iran Marine Fund (IMF)to provide its technical expertise and financing to Iranian offshore marine and oil & gas projects. Based on the MOU, which was signed by Mehrdad Mozaffari, the IMF managing director, and Tan Keng Hoe Melvin, the general manager for supply chain management in Kim Heng, on Monday, the Singaporean company agreed to provide a €400 million finance to develop Iran's marine industries in several phases.
Partnership Targets Waste Conversion Solutions
Terragon Environmental Technologies Inc. has entered into a strategic partnership with Green Marine Capital (GMC) in an effort to enable off grid sustainability by developing and commercializing simple compact and economical products that allow any habitat to convert its waste into useful resources, such as energy and clean water, Terragon said. Terragon’s first commercially available product, the patented Micro Auto Gasification System (MAGS), converts each kilogram of waste generated by a habitat into 2kWh of thermal energy. A second product, the Wastewater Electrochemical treatment Technology (WETT), converts sewage into clean water that can be used for many utilities. Combined, MAGS and WETT can eliminate waste discharge from any habitat while reducing its need for energy and water.
Inmarsat to Deliver Fleet Xpress with SpeedCast
SpeedCast International, a provider of high-speed broadband connectivity to the global maritime industry, has entered into a strategic partnership with Inmarsat, positioning Inmarsat’s new Fleet Xpress service, powered by the Global Xpress (GX) network, as a key service within its maritime services portfolio, being fully integrated with SpeedCast’s existing maritime SIGMA gateway and other Value Added Services. Over the next five years, SpeedCast has committed to roll out Fleet Xpress to approximately 2,000 vessels.
Damen Partners with Three BWTS Suppliers
Damen Shipyards announced it has established three strategic partnership agreements with major Ballast Water Treatment (BWT) system suppliers. It complements the worldwide One Stop BWT Retrofitting Service offered by Damen. This one-stop service gives shipowners peace of mind in their challenge to comply with ballast water regulations in the most cost effective and timely way, Damen said. With more than 60,000 vessels to be retrofitted in the near future, there is a need to coordinate and ensure cost effective implementation and life cycle support.
Odfjell: Strategic Partnership with Lindsay Goldberg
Reference is made to the stock exchange announcement of 18 May 2011, in which Odfjell announced its intentions to enter into a strategic partnership with Lindsay Goldberg LLC to grow its tank terminal business in Europe and North America. Odfjell signed definitive agreements for a strategic partnership with Lindsay Goldberg LLC, a US-based private equity firm. The partnership enhances our platform for organic and strategic investments and expansions in the tank terminal business in Europe and North America. We believe there are attractive expansion opportunities in the tank terminal sector and consider Lindsay Goldberg as a reliable long-term partner with a shared strategic view and ambition.
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 over the last decade. This renewed framework will support stronger military-to-military engagement, including deeper maritime cooperation and increased opportunities in technology and trade.
Crewing Managers V. Ships in New Strategic Partnership
V.Ships Leisure (a provider of ship-management services to the passenger shipping industries) with V.Hospitality and MHG have formed a strategic partnership. The companies have a number of new joint projects in progress and the partnership will allow for a more effective collaboration. “We’re delighted to announce our partnership with MHG,” said Bertrand Petyt, Crew Operations Manager at V.Ships. “We have been working with MHG for many years and not only do we have a trusted and valued relationship but our companies’ philosophies and service standards are aligned.” The new partnership will include our hotel & cruise recruitment division V.Hospitality as well as our yacht recruitment division The Crew Network (Antibes).
Odfjell Finalizes Transaction with Lindsay Goldberg
Odfjell announced it has closed the transaction to form the strategic partnership with Lindsay Goldberg. Through the transaction, Lindsay Goldberg has acquired a 49% interest in each of Odfjell's tank terminals in Rotterdam, Netherlands and Houston, Texas as well as in the greenfield project in Charleston, SC. Odfjell retains the remaining 51% ownership stake. Odfjell has received a total cash consideration of $247m in connection with the transaction, and the parties will invest a total of EUR 25 million of new equity to facilitate planned upgrades and capacity expansion of the Rotterdam terminal.
Tradiant Partners With Vitria
Tradiant, the online advantage for global transportation, announced a strategic partnership with Vitria Technology, Inc., a leading e-business platform provider, to integrate Tradiant's enterprise-wide technology solutions with companies moving international cargo. Tradiant will leverage Vitria's BusinessWare product, which will allow Tradiant to seamlessly link its booking, documentation, contract management and business-to-business e-marketplace products with shippers, forwarders, carriers and third-party logistics providers.
Partnership Seeks to Boost Maritime VSAT for China
SpeedCast International Limited, a global satellite communications and network service provider, and Beijing Marine Communications and Navigation Co. Ltd (MCN), a subsidiary of the China Transport Telecommunications & Information Centre (CTTIC), have signed a Memorandum of Understanding for Strategic Cooperation (MOU). Under the MOU, MCN and SpeedCast will form a strategic partnership by integrating MCN’s VSAT network in Asia Pacific and SpeedCast’s global VSAT networks to provide global connectivity to the maritime industry. This partnership aims to provide seamless connectivity for both MCN and SpeedCast customers wherever they are, as well as providing a wide portfolio of applications enhancing productivity, crew welfare and safety.
MacGregor in JV with China State Shipbuilding
MacGregor, part of Cargotec, and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co Ltd (LMC) signed a joint venture contract to form CSSC Luzhou MacGregor Machine Co Ltd. Subject to all relevant authority approvals, expected within this year, LMC will own 51 percent and MacGregor 49 percent of the new joint venture company. As a first step, the joint venture will cover the transfer of Hatlapa marine air compressor technology over a two-year period. CSSC…