British tidal energy company, Marine Current Turbines Ltd, announced that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively…
Raymond Lord has been named President of Donjon-SMIT, LLC, effective November 8. A native of Houston, Texas, Mr. Lord has more than 30 years of experience within the marine salvage industry, most recently serving as Vice President and Operations Manager for SMIT Americas in Houston…
Mitsui OSK Line made a firm commitment to install Bridge Navigational Watch and Alarm Systems (BNWAS) on board its ships ahead of regulatory requirements. The company has taken the opportunity of the drydocking of 17 of its vessels so far this year to install the Martek Marine Navgard BNWAS…
Aberdeen-based Veripos, the leading supplier of GNSS positioning services to the world offshore industry, has appointed Angus Scott as Regional Manager of its Europe, Africa and Middle East (EAME) division. Reporting to company Managing Director Walter Steedman…
Mitsui OSK Line has made a firm commitment to install Bridge Navigational Watch and Alarm Systems (BNWAS) on board its ships ahead of regulatory requirements. The company has taken the opportunity of the drydocking of 17 of its vessels so far this year to install the Martek Marine Navgard BNWAS…
Damage to World Economy. “At last, governments are being stung into taking positive action to put an end to the menace posed by pirates, whether they be from Somalia or elsewhere. Not before time, there is a growing realisation that piracy…
The Naval Ship Classification Association (NSCA) has elected Lorenz Petersen, Germanischer Lloyd's Business Segment Manager for Navy Vessels, as Chairman of the Association, at their annual general meeting in Rome.The NSCA is the naval counterpart…
Georgia Ports Authority Executive Director Curtis J. Foltz announced the ports saw a growth rate of 5.0 percent in the first quarter of FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of cargo…
Jerry Nagel, chairman of the board at Rickmers-Linie (America) was the recipient of the 8th annual Lifetime Leadership and Achievement Award at the Wed., Oct. 26 kickoff of the 22nd annual Breakbulk Transportation Conference and Exhibition at the New Orleans Convention Center…
When navigating shipping lanes and busy harbors, the ability to monitor speed and direction of other vessels is particularly important. Automatic Identification System (AIS) technology, originating from the shipping industry, has been a great help to recreational boaters in these areas…
Stolt-Nielsen Limited (Oslo Børs: SNI) has obtained commitments for a $600 million senior secured revolving credit facility, which will replace the Company's two existing revolving credit lines maturing in July 2012 and January 2013 respectively…
Military Sealift Command fleet replenishment oiler USNS Big Horn returned to Naval Station Norfolk Oct. 28, following a seven-month deployment to the U.S. Naval Forces Europe-Africa/U.S. 6th Fleet area of responsibility, providing underway replenishment services primarily to U…
Tidewater Inc. announced today a second quarter net loss for the period ended September 30, 2011, of $4.9 million, or $0.09 per share, on revenues of $250.9 million. For the same quarter last year, net earnings were $19.4 million, or $0…
CML Microcircuits has announced the launch of the new cutting-edge Marine AIS Search and Rescue Transmitter (SART) processor, the CMX7045.The CMX7045 is a highly integrated and flexible baseband processor fulfilling the needs of an AIS-SART and meeting IEC 61097-14 requirements…
The National Transportation Safety Board is holding its Marine Accident Investigation course on December 5-9, 2011. The course, held at NTSB's Training Center in Ashburn, Virginia, focuses on the fundamentals of marine accident investigation including fracture analysis…
