Vast majority believe there is a business case to be made for LNG as a marine fuel reveals 'LNG Bunkering Trends 2013 and Beyond'.With the ECA regulations on fossil fuel emissions coming into effect in 2015, the world of shipping has turned to liquefied natural gas (LNG) as a greener…
MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems' 'Small & Medium-size Gas Turbine' business unit.Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U…
American Commercial Lines (ACL) select Cat® C280 marine engines for repowering six of their towboats. The first vessels being repowered are the MV J. Russel Flowers and the MV Thurston B. Morton. Cat dealer Whayne Power Systems is assisting with the repower project…
Seaco announce appointment of Jeremy Matthew as Group CEO and Paul Merritt as Group COO. The appointments follow the retirement of Dave Amble as CEO of the HNA owned enterprise.Jeremy Matthew, the group’s current CFO will take over as…
Cash-strapped JJ Sietas Group is building a Van Oord liftboat but as a second order is uncomfirmed the yard's future is in doubt.In June 2012 the creditors’ committee voted in favour of an offer by the VeKa Group of the Netherlands to take over the Sietas shipyard…
CMA CGM, the world’s third-largest container shipping line, purchases a stake in the Port of Long Beach’s Pier J.The deal will bring an additional 2.6 million container units to the Port and increase Port revenues by about $70 million over the next five years…
Aker Solutions contracted by Daewoo Shipbuilding & Marine Engineering (DSME) to supply deepwater drilling riser.The 10 000 ft deepwater drilling CLIP riser system will be manufactured and delivered out of Aker Solutions' manufacturing plant in Port Klang…
Cavotec wins Alternative Maritime Power (SMP) shore power equipment orders at Port of Los Angeles (POLA).Cavotec AMP systems enable vessels to switch off their engines while docked and to connect to shore side electricity. Services such as power supply for reefer containers…
Alberto Alemán Zubieta, immediate past commissioner of the Panama Canal Authority accepts award, looks to canal future.Mr. Alemán spoke as he accepted the Containerization and Intermodal Institute's 'Connie Award' at the annual luncheon at the Newark Club…
Seafarers International Union (SIU) affiliated Ocean Ships to operate 3 new mobile landing platform vessels (MLP) for US Navy.The vessels are being built at General Dynamics NASSCO in San Diego; they are the USNS Montford Point, USNS John Glenn…
Nupas-Cadmatic, CAD ship design software provider, opens new office in Goa, India and another in Singapore.Nupas-Cadmatic ship design software is a joint-venture product of Numeriek Centrum Groningen B.V. and Cadmatic Oy.The offices…
The Aalborg XS-TC7A waste heat recovery (WHR) economizer from Alfa Laval is designed specifically for a ship's auxiliary engines.Waste heat recovery systems after the main engines have proven lucrative for decades for many ship owners, says Hans-Henrik Jensen…
Nautical Control Solutions' (NCS) FuelTrax marine fuel management system now patent protected by the Canadian Intellectual Property Office.Marine Fuel Management system has been granted Canada patent number 2,588,654 for 'Apparatus and Method for Fuel Measurement and Accountability'…
Voith Group reports on financial results at end of fiscal year year 2012 (ending September 30, 2012).Report highlights:• Third best operational result in company history despite difficult business environment at Voith Paper• Sales rise by 2 percent to EUR 5…
Austal USA announces the promotion of Craig Perciavalle to President, Austal USA.Mr. Perciavalle is currently serving as Senior Vice President of Operations. He joined Austal USA in 2007, serving in a number of senior management positions while overseeing Austal’s transition from a small…