People & Company News


Wärtsilä CEO Addresses Challenges, Opportunities

Dec 19, 2011

Björn Rosengren was appointed President and CEO at Wärtsilä Corporation, as from September 1 this year. In a recent interview he told Maritime Reporter his views on the current business environment, the markets and about tasks ahead. Henrik Segercrantz reports…

First Marine Application for New Generation TCS-PTG

Dec 19, 2011

MAN Diesel & Turbo received an order for two Turbo Compound Systems including Power Turbine and Generator (TCS-PTG) from Samjin Shipbuilding in Weihai, China. The TCS-PTGs will be employed aboard two 4,700 TEU container vessels currently under construction…

Lorentzen Named CMA 2012 Commodore

Dec 19, 2011

Øivind Lorentzen, III, CEO of SEACOR Holdings Inc. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2012.  Mr. Lorentzen follows a long succession of influential maritime industry leaders as Commodore.   The 2012 Commodore Award will be presented to Mr…

GAC Continues Crystal Palace Main Club Sponsorship

Dec 19, 2011

GAC and Crystal Palace Football Club (CPFC) have sealed one of the longest-running sponsorship deals in English Football, with the extension of their collaboration for another two years until June 2014. Dating back to 2004, the agreement now…

Port of LA, USACE Address Container Terminal Expansion

Dec 19, 2011

The Port of Los Angeles and U.S. Army Corps of Engineers have prepared a Draft Environmental Impact Statement/Report (EIS/EIR) for the Berths 302-306 APL Container Terminal Project that involves the improvement and expansion of the existing 291-acre terminal by 56 acres…

Owners Warned: Pay Heed to Turkish SOX Regs

Dec 19, 2011

OW Bunker highlighted the potential safety issues that ship owners and operators will face in Turkish waters when new local sulfur legislation comes into force from January 1, 2012.  The ruling, delivered by the Turkish Chamber of  Shipping…

NSRP Awards $17 million in R&D Projects

Dec 16, 2011

$17.1 Million in New Cost-Reducing Shipbuilding R&D ProjectsThe Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for five new research and development projects to continue the program’s mission to reduce the costs associated with U…

Formosa Plastics Marine Selects ABS Nautical Systems

Dec 16, 2011

ABS Nautical Systems announced that its fully integrated asset management software suite NS5 has been selected for trial by Formosa Plastics Marine Corp. (FPMC), part of the Formosa Plastics Group - the only privately owned Taiwan oil refinery…

GPA-Designed Hopper Barges Operating for ACP

Dec 16, 2011

Two of five split hopper barges, designed by Seattle-based Naval Architecture and Marine Engineering firm Guido Perla & Associates, Inc. (GPA) recently went into service in Panama after they were successfully received and accepted by they Panama Canal Authority…

Life Sentence for Somali Pirates

Dec 16, 2011

Somalis Sentenced to Life in Prison on Charges Relating to Piracy of the S/V Quest. Mohamud Hirs Issa Ali, a/k/a Sanadaaq, 32, and Jilani Abdiali, a/k/a Ilkasse, 20, both of Somalia, were sentenced today in Norfolk federal court to life in prison for their acts of piracy against the S/V Quest…

LR Statutory Alert: Bio-Fuels

Dec 16, 2011

Statutory alert: Changes to the requirements for the carriage of blends of petroleum oil and bio-fuels.Applicabilty: All owners, operators and charterers of vessels carrying MARPOL bio-fuels and bio-fuel blend cargoes in bulk The 62nd…

Inland Awards Conferred in Paducah

Dec 16, 2011

The Seamen’s Church Institute (SCI), organized the 12th Annual River Bell Awards Luncheon in Paducah, KY on Thursday, December 8, 2011. The awards paid tribute to three individuals whose labors have significantly enriched America’s waterways…

Kirby Expands With Three New Units

Dec 16, 2011

Kirby Corporation Announces Purchase of Three Coastwise Tank Barge and Tug Units; Purchased Seaboats, Inc. coastwise tank barge fleet consisting of three 80,000 barrel tank barge and tug units for $42.3 million in cash. Kirby Corporation has…

Arctic Surveys Yielding Data and Savings

Dec 16, 2011

U.S.-Canada Arctic Ocean survey partnership saved costs, increased data; 2011 mission concludes joint seafloor survey operations. A recent mission marked the completion of a five-year collaboration between the United States and Canada to survey the Arctic Ocean…

U.S. DOT Funds $62 Million in Port Grants

Dec 16, 2011

Port Projects Awarded $62 Million in TIGER III Infrastructure Grants; Critical importance of connective infrastructure to America’s seaports recognized.U.S. Transportation Secretary Ray LaHood today announced that 46 transportation projects…

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