SpecTec has launched a new product within the AMOS Business Suite: AMOS Mobile, a handheld-device software providing the ability to record transactions remotely, and upload those transactions right into AMOS. AMOS Mobile users can record inventory updates…
According to Braemar, 2011 is already a record year for dry bulk carrier demolition. In Jan-May 2011, 13.6m Dwt of bulkers have been scrapped, including 7.1m Dwt of Capesize (over 120k Dwt) bulkers. If scrapping continues at this pace for the balance of 2011…
The VDMA (German Engineering Federation) has noted an upsurge in orders for German marine equipment and offshore suppliers, despite a six percent drop in sales in 2010.“We continue to be successful in world markets and have also found new customers in attractive niches in 2011…
Svitzer UK and Sanderson Maritime have launched Seatel, a North Sea barge with a 70 bedroom hotel module offering a comfortable, stable platform and high quality accommodation at half the cost of current market alternatives. Designed for anchorage in deep-sea locations…
DryShips Inc., a provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that it has obtained unanimous consent from its existing syndicate members to amend the $495…
Wilhelmsen Ships Service (WSS) Kuwait has recently won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC). KOTC is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC…
Ray Kranzusch has been appointed to the position of Product Manager, Oil and Gas Drills, for Atlas Copco Construction & Mining effective immediately. In his new role, Kranzusch will report directly to Scott Slater, Business Line Manager for…
Tsakos Energy Navigation Limited (TEN) has announced the sale of the 1991-built Aframax tanker Vergina II to third party owners. Vergina II, sister vessel of Victory III sold earlier in 2010, will be delivered to its new owners by the end of this month and will release approximately $1…
Miami-based outfitting contractor Sea Level Marine announced its recent successful completion of a dry-dock refit of Crystal Cruises’ Serenity on May 21, 2011 at Meyer Werft yard in Hamburg, Germany. The scope of the 14-day project was an interior…
TITAN Salvage has appointed Mark Hoddinott to global director, marketing and strategy, responsible for developing, delivering and managing the company's strategic marketing and business development plans. He will operate out of Titan's UK facility at Newhaven…
TT Club, the leading mutual insurer in the international freight and logistics arena, has had its financial strength rating of A- (Excellent) re-affirmed by the US rating agency, A. M. Best. TT’s issuer credit rating was also maintained at 'a-' by the agency…
InterManager, the international trade association for the shipmanagement industry, announced the completion of the development phase of its six-yearproject to produce an industry wide performance measurement tool. The Project is set to be rolled-out to the worldwide shipping industry…
Maritime recruitment specialist Faststream appointed a new Vice President to manage its team of recruitment specialists in the USA. Tamara Ellis, a former senior employee with Ranstad, the world’s second largest staffing organisation, will…
Renee Marazon, CEO of The Maritime Academy of Toledo Foundation, has announced that The Maritime Foundation has been approved by the U.S. Coast Guard to offer Standards of Training, Certification and Watchkeeping (STCW training) effective immediately…
The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80 m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels…