Caterpillar Inc. will combine two divisions dealing with power and energy, adding more detail to a restructuring announced last year, and plans to complete this by June 2016, the company said on Wednesday.Caterpillar announced a number of personnel and consolidations…
AkzoNobel has announced the issue of more than 126,000 carbon credits worth more than $500,000 – the first to be awarded under the company’s landmark scheme for the shipping industry – which was developed in conjunction with the Gold Standard Foundation and the Fremco Group…
Trojan Battery Co., LLC, a leading manufacturer of deep-cycle batteries, has named Michael Everett senior vice president of engineering. Based at Trojan’s corporate headquarters in Santa Fe Springs, Calif., Everett oversees the company’s product development…
Bahamas' Prime Minister Christie has met with Global Shipping Giant Mediterranean Shipping Company (MSC), in Geneva. Principal and founder of MSC, Gianluigi Aponte and his senior management team met with Prime Minister at MSCs headquarters in Geneva…
Paris-based consultancy, Alphaliner, reports “a new mega alliance appears to be in the making,” as French container shipping major CMA CGM and its Chinese counterpart China COSCO lead efforts to set up a new carrier partnership. (Marine Link has reported about this last week…
The Greek privatization fund TAIPED formally accepted the binding bid submitted by Cosco Pacific for the majority stake in Piraeus Port Authority (OLP), while the port company’s stock posted a significant increase on the Athens bourse in response…
Veritas Petroleum Services (VPS) and DNV GL have launched a new Fuel Analytics solution. As part of DNV GL’s ECO Insight fleet performance management portal, the tool will enable a systematic assessment of the impact of fuel quality on vessel performance…
The National Marine Manufacturers Association (NMMA) has presented the 13th consecutive annual Customer Satisfaction Index (CSI) award to Volvo Penta for its gasoline sterndrive engines. The CSI awards, presented at the Miami International Boat Show Feb…
JHW has ordered five 85,000 m3 Very Large Ethane Carriers (VLECs) for a JACCAR/Hartmann Reederei joint venture, called UEC (United Ethane Carriers); each vessel will be powered by a single MAN B&W 6G60ME-GI main engine. Dalian Shipbuilding Industry Offshore Co…
Japan has urged Australia to award a contract to build its new $50-billion submarine fleet, reports SMH. Japan, which is offering a variant of its 4,000 ton Soryu submarine, is competing against rival bids from Germany and France for the contract…
The first Malta Maritime Summit, an opportunity for international and Maltese stakeholders to raise and discuss common interests, will be held on 3-6 October, ahead of the start of Malta’s presidency of the European Council in January 2017…
The Ministry of Shipping, India will showcase all its investable opportunities to domestic and global investors in the first-ever Maritime India Summit (MIS) to be held in Mumbai from April 14-16, 2016. The 200 projects comprise 20 projects…
The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months. The ship is entirely autonomous, fully operational without an onboard crew…
MAN Diesel & Turbo received an order for an MAN 6L21/31 engine to power a newbuilding cadet training sailing ship for the Defence Ministry of the Republic of Indonesia. The engine will be used to power the 110m ‘Kri Bima Suci’ and up to 200 persons on board when not propelled by sail power…
Northern Lights, a manufacturer of marine power generation and climate control products, announced the appointment of Kit Purdy as new Global Sales Manager.Purdy’s responsibilities will include day-to-day management of the sales department and staff…
