Marine Power News

 

Iran, Oman Sign Maritime Agreement

May 29, 2015

Iran's Mehr news agency said that Iranian Foreign Minister Javad Zarif and Omani Foreign Minister Yusuf bin Alawi have announced that the two countries have agreed to demarcate a previously undefined stretch of maritime border. Zarif discussed…

DMCC, DMCA to Promote Dubai’s Maritime Sector

May 29, 2015

DMCC has signed a Memorandum of Understanding (‘MoU’) with the Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The…

Construction Starts on Crowley’s 2nd LNG ConRo Ship

May 27, 2015

Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade Shipbuilder VT Halter Marine, Inc. has officially started the construction of Taíno, the second of two liquefied natural gas (LNG)-powered…

Mercury Marine Begins HQ Expansion

May 27, 2015

Mercury Marine announces 45,000 square foot EDP parts expansion to Fond du Lac global headquarters Mercury Marine will add a 45,000 square foot expansion to its electro-deposition paint (EDP) system that will double its current processing capabilities…

Caterpillar CEO Joins ExxonMobil Board

May 27, 2015

Exxon Mobil Corporation announced today that its shareholders have elected Doug Oberhelman to its board of directors. Oberhelman is chairman of the board of directors and chief executive officer of Caterpillar Inc. With the election of Oberhelman…

New Launches, Demonstrations Set for Seawork

May 27, 2015

Europe’s commercial marine and workboat exhibition held in a working port, Seawork International, has released its plans for demonstrations, launches and conferences. Organizers say Voith will announce a new marine propulsion system that produces more thrust…

HMAS Anzac Visits Portsmouth, UK

May 22, 2015

The Royal Australian Navy’s helicopter frigate HMAS Anzac has arrived in Portsmouth, England, as part of her NORTHERN TRIDENT 2015 deployment. Anzac departed Sydney in March 2015, and has transited the Southern Ocean, Indian Ocean, the Red Sea…

Volume Up in Dutch Maritime Technology Sector

May 22, 2015

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.  “Overall we see a nuanced picture, with ups and downs…

Indonesia Sinks Boats from China

May 21, 2015

According to The China People's Daily, Indonesia has just sank a large Chinese vessel and 40 other foreign ships caught fishing in The South China Sea.  The Jakarta Post cited Maritime Affairs and Fisheries Minister Susi Pudjiastuti as saying that the Gui Xei Yu 12661…

Austal Launches USNS Brunswick

May 20, 2015

Austal launched the recently christened USNS Brunswick (JHSV 6) at its manufacturing facility in Mobile, Ala.With the 338-foot Joint High Speed Vessel entering the water for the first time, the ship will undergo final outfitting and testing before sea trials and delivery to the U…

BP, Sinopec JV for Marine Fuel

May 20, 2015

British oil major BP and China’s Sinopec Fuel Oil have formed a marine fuels bunkering joint venture (JV), BP Sinopec Marine Fuels Pte Ltd. Under the deal, the 50-50 percent joint venture, BP Sinopec Marine Fuels Pte Ltd, would be based in Singapore and provide ship fuel storage and sales…

Rolls-Royce Marine Unit to Cut 600 Jobs

May 18, 2015

British engineering group Rolls-Royce (RR.L) said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a 'broadly neutral' impact on 2015 profits. Rolls-Royce is in…

EU Approves CO2 MRV Regulation

May 18, 2015

The European Council approved a new shipping regulation on the monitoring, reporting and verification (MRV) of CO2 emissions on April 28, 2015, as part of its overall strategy to reduce greenhouse gas emissions by 2050. The regulation, slated to enter into force on July 1…

WPT Power Appoints Engineering Manager

May 18, 2015

Robert De Hoyos has joined WPT Power Corporation as the company’s new engineering manager, bringing to the post 21 years of manufacturing experience as a mechanical engineer. De Hoyos’ expertise is in new product design, drawing and routing…

Volvo Penta to Power Volvo Ocean Race

May 15, 2015

Volvo Penta is the official engine supplier for the 2014-2015 Volvo Ocean Race, which is having its North American stopover in Newport, R.I., this week. “The Volvo Ocean Race serves as a crucible for developing and testing new technologies that will benefit the entire marine industry…

Logistics News

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

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