Yves Barraquand has been appointed as the new CEO of control, instrumentation and electrical engineering specialist CMR Group. Taking over from Pascal Fouache, who has led the Group since 1991, Barraquand, will lead an organization employing…
GAC Russia has teamed up with the Far East Development Fund to address the challenges faced by international shipping companies transiting the Northern Sea Route (NSR), and to make this transport corridor more attractive to ship and cargo owners…
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV).Sistership to the Alya McCall launched in November last year, Najla McCall has seating capacity…
The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25…
Terex Port Solutions (TPS) has acquired the assets of the terminal tractor product line from CVS Ferrari S.R.L. (CVS), which has been part of Manitex International, Inc. since 2010. The acquisition strengthens TPS’ position as a leader in integrated solutions for ports and terminals…
The International Chamber of Shipping (ICS) has made a number of submissions to a critical meeting of the IMO Marine Environment Committee (MEPC) which begins in London next week (18-22 April). These address further measures to reduce the sector’s CO2 emissions…
Yesterday during a joint trade mission in Montreal, the port authorities of Montreal and Antwerp, Belgium renewed their cooperative agreement. The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp…
The newly developed waste heat recovery system 'Hydrocurrent Organic Rankine Cycle (ORC) Module 125EJW' 1 by MHI Marine Machinery & Engine Co., Ltd. (President: Kazuo Soma, Head Office: Nagasaki) has begun operation on the vessel named Arnold Maersk belonging to Maersk Line…
Incat Crowther launched the Harbor Master, a new generation of tour vessel to operate on Tasmania’s picturesque Macquarie Harbor.Developed in collaboration with World Heritage Cruises, the 220-passenger, 35-metre catamaran combines the operator’s…
Robert Wassmer will join Kelvion, a globally active manufacturer of industrial heat exchangers, as Chief Executive Officer (CEO) and Managing Director of Kelvion Holding GmbH effective as of July 1, 2016, the company’s shareholder committee announced…
Woodside today signed a five-year charter contract with Norwegian company Siem Offshore Australia Pty Ltd — an agreement that delivers Australia its first LNG-powered marine support vessel in 2017.Woodside Chief Operations Officer Mike Utsler…
Today, during a ceremony in Detroit, Secretary of the Navy Ray Mabus announced that the next Arleigh Burke class destroyer, DDG 120, will be named Carl M. Levin in honor of the longest serving senator in Michigan history. During his 36 years in the Senate…
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design.Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1,050 ft (320 m)…
MacGregor, part of Cargotec, has secured orders for environmentally-friendly equipment for four next-generation eco-cruise ships which will be built in Germany and Finland. The vessels will be the first liquefied natural gas-powered cruise ships to enter the market…
Indian classification society, The Indian Register of Shipping (IRClass), continues to be instrumental in facilitating the aims and objectives of the Government’s Make in India initiative, lending its support this week in Mumbai to the Maritime India Summit…