New hub to support increasing demand from oil & gas customers in Africa & extend coverage to mega-yacht owners in the Mediterranean and Atlantic.VT iDirect, Inc. (iDirect), a company of VT Systems, Inc. (VT Systems), announce that SkyStream FZ LLZ…
ABB wins four-year $16 million automation services contract renewal for PEMEX in Mexico.ABB wins an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen…
IMO Secretary-General Koji Sekimizu calls on governments & the shipping industry to take prompt and decisive action on a number of key issues.In a keynote address to the International Chamber of Shipping (ICS) Conference in London, Mr. Sekimizu…
Hall Spars & Rigging equipped yachts claim victory in three of the five divisions of the Maxi Yacht Rolex Cup 2012 at Porto Cervo, Sardina.The 2012 edition of the Maxi Yacht Rolex Cup that took place in Porto Cervo, Sardina, could be described as one of the top events in the yachting world…
Measured by equity TEU, there is no change in the order & ranking of the top five international container terminal operators.PSA (Port of Singapore Authority) was again the leading operator in terms of equity TEU ahead of Hutchison (HPH)…
TEAM Energy, an Acteon company, contracted for three years to provide Total with technical personnel for its drilling, fluids & well operations.The new contract will maintain TEAM Energy’s global relationship with Total, build on the existing…
Early Bird Pricing Extended for SHIPPINGInsight Fleet Optimization Conference; More than 30 Industry Experts to Address Challenges and Solutions for Reducing Costs and Enhancing Efficiency in Ship Operations. The organizers of the SHIPPINGInsight 2012 Fleet Optimization Conference in Stamford…
ECDIS Ltd included in MCA Training Provider List.The sad consequences of the grounding of ships have been all too commonly seen on television screens world-wide. Ships such as Torrey Canyon, Exxon Valdez and Costa Concordia have become household names in recent years…
ASCE to Release New Report Detailing Trade Impacts of Failing to Invest in America’s Seaports/Inland Waterways. Engineers, International Trade and Ports Experts to Outline Modernization Needs; Opportunities for Job CreationThe nation’s seaports…
AdvanFort Launches Quality Assurance ProgramThe AdvanFort Company, reinforcing its commitment to quality operations, has instituted its Quality Assurance program. The multi-faceted program includes seeking counsel from outside expert advisors…
Aberdeen Harbor Engages in Study into Potential Port Expansion.Aberdeen Harbour Board has commenced a major feasibility study into the potential expansion of facilities at the port. Continued growth in traffic and cargos, as well as an increase in the size of the vessels has prompted the study…
Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has delivered the OCEAN WAVE, the first of four “Ocean” class tugs, to Crowley Maritime Corporation. “We are extremely proud of our Ocean Class team and the delivery of the first in class tug…
Chris Charman has been appointed as Chief Executive of IMCA (International Marine Contractors Association) taking over from Hugh Williams who is retiring. He will take up the position on 3 December 2012. IMCA is the international trade association for offshore…
In recent years, excess vessel capacity has been plaguing shipping markets and the resultant drop in asset values has restrained financing options for ship owners. Following the financial crisis in 2008, demand across the major shipping segments – dry bulk…
Volatility, expensive and limited finance and challenging trading conditions permeate many shipping industry sectors & is mirrored in shipbuilding.Nevertheless, there has been enough of a steady stream of dealflow for the mid‐sized shipyards…
