The Danish-led e-navigation project, EfficienSea2, got one step closer to being launched when a core element of the project – Maritime Cloud – was debated by a group of international maritime organisations and companies. The purpose of…
Indonesia Port Corporations (IPC) or PT Pelabuhan Indonesia (Pelindo) II, Indonesia’s state-owned port operator is to build 22 ports in the country in the next five years for an anticipated cost of around $3.5 billion. “We are targeting…
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) hosted a group of 9th and 10th grade students from the International School of Vlore, Albania for a career day and cultural learning event Sept. 26, 2015.The community…
As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian. Eni has vowed to press ahead with oil production - a $5.5bn (£3…
Tim Cornelius, CEO of global tidal developer Atlantis Resources has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation. The move…
One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of Lemissoler Navigation Co…
Three South Africa youths made history in South Africa’s maritime economy sector at the weekend when they boarded the country’s first registered cargo ship since the dawn of democracy. Similarly, the city of Nelson Mandela Bay also marked…
General Electric Co said on Monday it will move production of large, gas-powered engines to Canada from Waukesha, Wisconsin, along with 350 jobs, to access export financing no longer available in the United States. In its latest salvo aimed at persuading Congress to renew the U…
The National Marine Manufacturers Association (NMMA) this week presented the 12th consecutive Customer Satisfaction Index (CSI) award to Volvo Penta recognizing excellence in customer satisfaction in marine sterndrive engines. The CSI award is based on an independent survey of over 50…
Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today…
Press Release -- Twenty-nine young women and men are starting their dual studies program today at Voith in Heidenheim. Alternating between the company and the Baden-Württemberg Cooperative State University (DHBW), 22 students will study the…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
Though cracks were detected in the concrete walls of one of the locks of the newly expanded Panama Canal last month, the Panama Canal Authority (ACP) is maintaining an April 2016 start date for the revamped inter-oceanic waterway, reports Fox News…
SCHOTTEL, a German manufacturer of marine propulsion systems, has invested a total of €45 million to open a new state-of-the-art Rudderpropeller factory, increasing the company’s production capacity by roughly 30 percent. The factory, near its headquarters in Spay…
Following a distinguished career in which he built and strengthened Caterpillar’s Global Mining business, Caterpillar announced the retirement of Chris Curfman, vice president with responsibility for the Mining Sales & Support Division. Curfman’s retirement will be effective December 31…