Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today…
Press Release -- Twenty-nine young women and men are starting their dual studies program today at Voith in Heidenheim. Alternating between the company and the Baden-Württemberg Cooperative State University (DHBW), 22 students will study the…
On April 30, next year the 11th amendment of the Marine Equipment Directive (MED) comes into force, making compliancy with the Bridge Alert Management (BAM) concept mandatory for all navigation equipment.Imtech Marine, as a bridge systems integrator…
Caterpillar Inc said it could cut up to 10,000 jobs through 2018 as part of its restructuring and cost reduction plans to save up to $1.5 billion annually.The company said on Thursday that it would cut 4,000-5,000 jobs by the end of 2016…
At the 2015 Monaco Yacht Show held this morning Fincantieri, leading western shipbuilding group, and Pininfarina, standard-bearer of the Italian design for 85 years, introduced the “Ottantacinque” concept of a latest-generation luxury mega yacht…
The Transportation Safety Board of Canada (TSB) is deploying a team of investigators following the girding and sinking of the tug Sea Imp X in the North Arm of the Fraser River, British Columbia. The occurrence took place yesterday at approximately 20:00 PDT…
The world leading shipping group CMA-CGM has fitted its largest containership, the 18,000 TEU Vasco de Gama, with a 2,000 cu.m/h Bio-Sea 2000 Ballast Water Treatment System (BWTS) supplied by French ballast water treatment specialist Bio-UV…
InterMoor UK Operations, part of Acteon’s foundations and moorings business, has surpassed eight years and more than 2,520 projects without a single lost-time incident (LTI). The safety record is held by InterMoor UK Operations – InterMoor Ltd…
SCHOTTEL, a German manufacturer of marine propulsion systems, has invested a total of €45 million to open a new state-of-the-art Rudderpropeller factory, increasing the company’s production capacity by roughly 30 percent. The factory, near its headquarters in Spay…
Following a distinguished career in which he built and strengthened Caterpillar’s Global Mining business, Caterpillar announced the retirement of Chris Curfman, vice president with responsibility for the Mining Sales & Support Division. Curfman’s retirement will be effective December 31…
MacGregor has received an order worth USD 21 million for optimised cargo handling systems for five 10,500 TEU container ships currently under construction at South Korean shipyard Hyundai Samho Heavy Industries for German operator Hapag-Lloyd…
Frank Coles has been appointed as Chief Executive Officer and member of the Board of Directors for Transas Marine, a provider of equipment, software and system integration for the maritime industry. A maritime business professional, Coles…
MacGregor develops operations in China and strengthens its organization by appointing Zhengyu Li (Frank) as Vice President, Head of China as of October 1, 2015.Li drives the development of MacGregor business in the most important market in the marine industry…
On an evening in September 2012, a rare sequence of events left one of Bibby Offshore’s saturation divers stranded in complete darkness, 90 meters below the surface of the North Sea, without any gas to breathe. The diver was rescued and recovered fully…
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the…