Hyundai Heavy Industries & Cummins announce a J/V to build mid-range engines in Korea.The engines will extend from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. The…
APM Terminals is entering the Russian market in a strategic partnership with the leading Russian transportation group, N-Trans. By acquiring 37.5 pct. of the public company Global Ports, APM Terminals becomes an equal controlling partner in the leading operator of container terminals in Russia…
British aircraft carrier HMS Illustrious is due to retire in 2014 & Defence seek proposals from organisations interested in preserving the warship.HMS Invincible, HMS Illustrious and HMS Ark Royal came into service in the early 1980s and…
20 Mayors to discuss severe weather implications for Mississippi River sustainability & need for regional co-operation.Spurred by the severe drought and Hurricane Isaac, Mayors from towns and cities along the Mississippi River will participate…
US-based Yale Cordage, a custom and specialty rope manufacturer, announce that Bill Putnam has been named president of the company.Saco, Maine-based Yale Cordage is a custom and specialty rope manufacturer that designs a wide variety of application-specific ropes…
Crystal Cruises unveils the world's first self-contained, free-standing 'living wall' at sea, with indoor plants depicting a world map.A living wall is a vertical garden that is pre-planted in panels and then attached to the wall or facade of a building…
Shell accepts US$560-million offer from Plains Exploration & Production (PXP for working interest in Gulf of Mexico Holstein asset.Shell received an unsolicited offer from PXP for Shell’s working interest. The transaction is effective October 1…
Transas Marine launches its Port Management Information Systems (PMIS), a comprehensive solution for real-time port management.Developed in accordance with the port industry best practice, the Port Management Information System (PMIS) from…
Bollinger Shipyards, Inc. announce the upcoming retirement of its Vice President Central Division, Larry Vauclin.Vauclin’s retirement was announced by Bollinger Executive Vice President, Ben Bordelon, who said, 'Larry has been a critical part of the growth of Bollinger over the past 16 years…
Gavin Higgins has joined Nichols Brothers Boat Builders as Chief Operating Officer (COO).Gavin Higgins has been appointed the Chief Operating Officer at Nichols Brothers Boat Builders. Gavin’s duties will include oversight of Engineering…
Consistency and Quality Are Hallmarks of Ecosse Subsea Systems’ Growing Engineering DivisionEnergy technology company, Ecosse Subsea Systems, (ESS) has increased the size of its engineering division in response to client demand for specialist engineering packages…
Swire Oilfield Services Appoints New Chief Operating Officer and Chief Technical Officer.Swire Oilfield Services (Swire), the leading global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has appointed two new members to its executive team…
A major fire aboard the Colombo-bound merchant vessel 'Amsterdam Bridge' off Mumbai coast reportedly contained & cooling operations underway.Indian Coast Guard officials said, 'The flames have been contained but not extinguished. A thick…
Cargotec has secured orders for three new mobile Siwertell ship unloaders for ports in Turkey, Denmark and Sweden.The Siwertell road-mobile unloader enables clean, dust-free, handling of dry bulk material, and its minimal exhaust and sound…
EU Naval Force warship 'ESPS Relampago' rescues 68 people in a drifting open boat.ESPS Relámpago, currently operating as part of the EU Naval Force – Operation ATALANTA, fighting piracy off the Somali Coast, rescued 68 people after finding…