The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to Drewry’s recently published Container Leasing report. And Drewry forecasts that this trend will continue…
Bill Heller to assume the position as Messer Cuttings Systems’ President and CEOGary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines. Norville worked in many different departments during his career with Messer…
Cummins Inc. reported its results for the second quarter of 2014. According to the report, second quarter revenue of $4.8 billion increased 7 percent from the same quarter in 2013. The increase year-over-year was driven by stronger demand…
One can assume that P&I Clubs and shipowners would be very interested in preventing catastrophic Cat Fines damage to diesel engines. Cat Fines have been damaging marine diesel engines for more than 50 years. Only recently, with the increased…
Hydro Group shows a clear commitment to the next generation of employeesFigures published earlier this year show that Scotland’s current levels of youth unemployment (16-24-year-olds) is at 853,000 – 18.8 percent – more than double that of the average age working population…
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has received the first order of electronically controlled gas injection diesel engine (ME-GI) for MES.MAN B&W 8S70ME-C8.2-GI will be installed on two 2,400 TEU + 400 vehicles ConRo ships to be built by U…
Wärtsilä to divest its shares in QMD two-stroke joint ventureWärtsilä announced that it will divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co. Ltd. (QMD), the joint venture company established for manufacturing large low-speed marine diesel engines…
GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial ShipsGE Marine and Lloyd’s Register report they have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship projects…
The board of directors of Yara International today announced the appointment of Svein Richard Brandtzæg as the company's new President and Chief Executive Officer. He will succeed Jørgen Ole Haslestad by February 2015.Brandtzæg currently serves as President and CEO of Norsk Hydro ASA…
Trans Marine Propulsion Systems, Inc. (TMPS) announced that Chuck Kissee has joined its leadership team as the Director of Business Development to support Anglo Belgian Corporation (ABC) diesel engine sales.'TMPS is excited to have Chuck leading our expansion in our diesel engine sales division…
Belco Technologies Corporation (BELCO), a wholly owned subsidiary of DuPont, has partnered with the Maersk Group to successfully demonstrate BELCO Marine Scrubber technology aboard the Maersk Tukang, a containership with max TEU Capacity of 8…
Damen Marine Components (DMC), part of Damen Shipyards Group, announced it has smashed its propeller nozzle world record by 33 percent downwards. This downsizing to an inside diameter of 665 millimeters only - from the previous 1,000 mm ‘entry…
A joint venture of five industrial auction companies will sell the physical assets of the 300-acre McDermott fabrication facility in Amelia, La. McDermott continues to operate its other fabrication facilities at multiple locations worldwide…
The GMDSS Task Force met 2, May 2014 at the Loews Annapolis Hotel in Annapolis, MD, USA, to address current issues in maritime radio communications and related navigation system subjects. Its next meeting is Thursday 31 July 2014 at 9:30 am…
Announced in 2012 as the world’s first green-ship equipment certification center, The Korean Register – an IACS member class society, and founding partner in the project –announced that the center has opened for business earlier this month in Gunsan…