So where do you turn when you would like to start your own ship management company, but you need a million dollars and the worst financial crisis of a lifetime has rendered traditional sources moot? In the case of Dubai, UAE-based Noah Ship Management’s Svein Elof Pedersen and Thomas Chacko Arakal…
GE Marine reports that it will provide Austal USA, Mobile, Alabama, with two LM2500 aeroderivative gas turbines to power the United States Navy’s fourth LCS-Class-Independence variant. The new LCS will be named USS Montgomery, and will be powered…
MAN Diesel & Turbo used the world premiere of its MAN B&W ME-GI gas engine in Copenhagen to present efficiency technologies for its twostroke engines, namely its WHR (Waste Heat Recovery) systems, that include its TCS-PTG turbines, and which are offered as an integrated solution…
Wilhelmsen Ships Service (WSS) has signed its first contract with Karachi Port Trust (KPT) to supply cleaning chemicals during 2011 – 2012, demonstrating an ongoing growth for WSS within what is an increasingly important region to the company…
The U.S. maritime industry publicly recognized the women and men responsible for safe ship operations at the Annual Safety Awards Luncheon held at the Loews New Orleans Hotel on June 2, 2011. Over 180 people, representing over 70 companies, attended the annual industry-sponsored event…
HRH The Prince Consort of Denmark visited the North American headquarters of Maersk in Madison, NJ, today. The Prince Consort met with Chairman and CEO of Maersk Inc. J. Russell Bruner, Chief Financial Officer Maersk North America Morten K…
As Cargo, Fuel or both; LNG is emerging as the clear and clean way forward for the maritime industry. • In the Beginning The use of LNG as a marine fuel is not new. Vessels trading cryogenic LNG have burned boil-off natural…
Blank Rome LLP’s Gregory Linsin and Jeanne Grasso explain the challenges and lay out a cogent solution…Current Trends in MARPOL EnforcementThe United States has long been aggressively enforcing compliance with the International Convention for the Prevention of Pollution from Ships…
Shell announced a multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico (GoM). The Cardamom project is expected to produce 50,000 barrels of oil equivalent (boe) a day at peak…
At a press conference at the Shanghai International Conference Center in China, executives from Royal Caribbean International told an audience of 300 travel agents and media partners that it will introduce Voyager of the Seas to the China market in June 2012…
Atlas Copco welcomes its newest drilling equipment distributor, James River Equipment. The company, well-known as a heavy equipment supplier, will represent Atlas Copco in the Carolinas for blasthole rigs, other surface drilling rigs and equipment…
The Postal Service will salute the U.S. Merchant Marine on four forever stamps July 28 at the United States Merchant Marine Academy in Kings Point, NY. Admission is free and the public is welcome to attend the 11:30 a.m. dedication ceremony that takes place in the Ackerman Auditorium…
NOL Group announced the resignation of Eng Aik Meng as President of its APL shipping business. The container transportation and logistics group has named Kenneth Glenn, currently President of its North Asia Region, as his replacement.NOL said Mr…
The Liberian Registry has accorded the status of Recognized Organization to the classification society IRS (Indian Register of Shipping), to act on behalf of vessels operating under the flag of Liberia. Captain J C Anand, Chairman of IRS, says…
Rick Calhoun, President of Cargo Carriers (Cargill) and Chairman of Waterways Council, Inc., released a statement today regarding the state of emergency on the Lower Mississippi River. “The inland waterways navigation system is the most important…