People & Company News


Wärtsilä Back to Growth, Stable Profitability in 2012

Jan 25, 2013

Wärtsilä has issued its financial statement and bulletin for the period January to December 2012.HIgllights of the review period-Order intake increased 9% to EUR 4,940 million (4,516)-Net sales increased 12% to EUR 4,725 million (4,209)-Book-to-bill 1…

Matson Pays Out First Quarter Cash Dividend

Jan 24, 2013

Matson, Inc., a leading U.S. carrier in the Pacific, declares a first quarter 2013 cash dividend of $0.15 per share.'The strong cash flows generated from our core businesses allow us to support a solid dividend to our shareholders,' said Matt Cox…

Port Metro Vancouver Gets Asia-Pacific Gateway Funds

Jan 24, 2013

Canadian government partners with Port Metro Vancouver to improve movement of exports through the Asia-Pacific Gateway.Kerry-Lynne Findlay, Member of Parliament for Delta, Richmond East, on behalf of the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway…

Captain Rich Hendren Joins TerraSond Limited

Jan 24, 2013

TerraSond Limited welcomed Captain Rich Hendren as the new HSE and QM Director. Rich will be working out of the TerraSond corporate headquarters in Palmer, Alaska.  Mr. Hendren has over 30 years of management experience in the military, maritime…

NOAA Satellites Aid in 263 Rescues in 2012

Jan 24, 2013

The same NOAA weather and climate satellites that accurately tracked Hurricane Sandy’s path in October also played a key role in rescuing 263 people in 111 emergencies in the United States and surrounding waters in 2012. Since NOAA’s seven…

ABC: Powering Up for the Next 100 Years

Jan 24, 2013

Belgian power maker celebrates 100-year anniversary and jumps into a higher power class with a new diesel engineOn the occasion of its centenary, a new engine type, the DL36, has being launched to meet the future emission directives of 2016…

GE Upgrades Royal Fleet Auxiliary’s Fleet Tankers

Jan 24, 2013

Royal Fleet Auxiliary Ships WAVE KNIGHT and WAVE RULER Receive New Integrated Platform Management Systems GE’s Power Conversion (NYSE: GE) business has started fitting the latest generation of Integrated Platform Management System (IPMS)…

HB Rentals Names Aguilar Senior Vice President

Jan 24, 2013

Onshore and Offshore global accommodation specialist, HB Rentals, a Superior Energy Services company, has promoted Glenn Aguilar to Senior Vice President of Global Operations, announced President Deidre Toups.   Based in Houston, Aguilar…

Panama Canal Expansion Moves Forward

Jan 24, 2013

The Panama Canal Expansion is moving forward to reach its goal of bolstering the waterway’s capacity in order to provide a better service.  To date, the program is 50% complete.  “The program continues to progress and reach milestones while we focus the next phases on building the locks…

New Employee at A/S Dan-Bunkering Ltd., Shanghai

Jan 24, 2013

We are pleased to announce that as from 14 January 2013, Shiwei Liao, 31 years old, has joined Dan-Bunkering as Marketing Executive. Shiwei is originally from the southern part of China where he has been working with logistics and bunkering…

Videotel Assists Shipowners

Jan 24, 2013

Ship operators concerned about complying with the newly enforced garbage management rules can now turn to Videotel for support. Important new updates to MARPOL Annex V entered into force on January 1, 2013 and have revolutionised the way the industry must look at the issue of waste disposal…

QM2 Visit Boosts UAE as Cruise Ship Destination

Jan 24, 2013

Cunard cruise ship 'Queen Mary 2', is set to make its maiden call in the capital on 29th January.Queen Mary 2’s stop in Abu Dhabi is part of her 2013 World Voyage – a 106-day voyage from Southampton in the UK which will take in five continents…

IMCA Induct New President

Jan 24, 2013

Massimo Fontolan, of Saipem Ltd., takes on the role of President of the International Marine Contractors Association (IMCA).Mr. Fontolan is currently Vice President Commercial, North Atlantic and Arctic at Saipem Ltd. In addition to becoming President of IMCA…

Greece's Costamare Deliver Positive 2012 Financial Results

Jan 23, 2013

In a challenging market, Costamere has minimized its re-chartering risk, identifies possibilites to expand in container ship market.Costamare Inc. is a leading international owner of containerships. Through its subsidiaries Costamare Inc…

Antarctic Cruise Ship Freed by Navy Icebreaker

Jan 23, 2013

'HMS Protector' punched through thick Antarctic ice to help clear the way for cruise ship 'Fram' as ice floes gathered around the liner.The Portsmouth-based survey ship broke through ice up to four metres (13ft) thick to clear a way through…

Current News

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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