ZF acquires industrial gears and wind turbine gearbox segment from Bosch Rexroth Following the go-ahead from antitrust authorities, on December 1, 2015 ZF has officially taken over the industrial gears and wind turbine gearbox business from Bosch Rexroth AG…
Crowley Awards Scholarships to Three USMMA Cadets at the 2015 Connie Awards Dinner The Crowley Maritime Corporation awarded three United States Merchant Marine Academy (USMMA) cadets with Thomas B. Crowley Sr. Memorial scholarships at the…
The future USS Zumwalt (DDG 1000) has departed departed Bath Iron Works to set sail for the first time, conducting at-sea tests and trials in the Atlantic Ocean, Dec. 7.A video of the ship underway is available here.The Navy said the…
The new Colchester head office of offshore wind services provider CWind Ltd was officially opened by Harwich and North Essex MP Bernard Jenkin on Friday last week. CWind moved to its new offices in the landmark APEX 12 Business Park north…
The Polish crew of a cargo vessel kidnapped last month off the Nigerian coast are safe and on their way home, Poland's Prime Minister Beata Szydlo said on Tuesday. 'Everything ended happily. The sailors are safe and sound, we are glad that they are coming back to their families…
Japan Radio Company (JRC) has announced the reaching of its 100-year anniversary in 2015. With the passing of the private radio law in Japan in June 1915, the company was founded in December of the same year as the Japan Radiotelegraph Manufacturing Company…
Egypt headquartered Maridive Group, an international offshore marine and oil support services provider, has chosen to migrate 24 of its Offshore Support Vessels to Marlink’s VSAT (Very Small Aperture Terminal) WaveCall Plus services in addition to one new build vessel…
BMT Designers & Planners, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has named Rick Cox as its newest Vice President of Business Development. Cox fills a key role in the firm’s business development organization…
Hinode’s 5th Annual conference on the Outlook for bunkering and Marine Lubricants in India clearly acknowledged the fact that India was well on its way to becoming a Bunkering destination. Lack of infrastructure, duties, quality of bunkers…
Singapore sovereign wealth fund Temasek Holdings has agreed to sell its entire 67 percent stake in Neptune Orient Lines (NOL) to France’s CMA CGM, the world’s third-largest container shipper. CMA CGM will pay S$1.30 a share in cash for the 2…
The board members of China Merchants Energy Shipping (CMES) has approved of a plan to order an additional 10 eco-friendly VLCCs. These vessels will be operated by CMES’ Hong Kong-based subsidiary, China VLCC Company Limited, a tanker JV between CMES and Sinotrans & CSC Group…
Hapag-Lloyd informs about the current delay of its Mediterranean Pacific Service (MPS) – “Duesseldorf Express” due to technical Problems. 'We regret to inform you that the “Duesseldorf Express” experienced technical problems on her current westbound voyage…
Moody's Investors Service has today changed to stable from positive the outlook on CMA CGM S.A.'s B1 corporate family rating, B1-PD probability of default rating and B3 senior unsecured rating. Concurrently, Moody's has affirmed the ratings assigned to the company…
The container ship Hanjin Aqua (4,500-TEU) ran aground off Sangiang Island in Indonesia's Banten, Sundra Strait. The ship with 2303 containers on board is en route from Adelaide Australia to Jakarta, including hazardous cargo class A. Vessel…
Poland joins countries looking to tap into its natural resources, as minerals and fossil fuels become more accessible for exploitation. The Polish Information and Foreign Investment Agency (PAIiIZ) has organized and sent the first business…
