Marine Propulsion News

 

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…

First Damen Twin Axe for Offshore O&G

May 27, 2015

To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities. The Netherlands-based company will deploy the new vessel…

Damen-built Tug RT Evolution Christened

May 20, 2015

On May 18th, 2015, the Damen-built ART 80-32 Hybrid RotortugRT Evolution was named at the Greenwich Ship Tier in London during the cocktail reception of ‘Tugnology Conference’.Mrs Elizabeth Brunton-Reed, spouse of The ABR Company’s Chairman Mr Allan Brunton-Reed…

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…

Mistral Deal - A Storm Brewing at Sea

May 18, 2015

While France is seeking a way to cancel its contract to deliver two helicopter carriers to the Russian navy, Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for nixing the deal. President Francois Hollande is…

Barillec to Present ‘Marine Apps’

May 13, 2015

Barillec informs it has chosen the Electric & Hybrid Marine Expo to unveil its new identity and to present its “Marine Apps”.  The show will be held in Amsterdam, The Netherlands, from June 23-25. Barillec develops marine applications based…

Rolls-Royce: 50 Years of Azimuth Thruster Production

May 13, 2015

Marking 50 years since the delivery of its first azimuth thruster, Rolls-Royce held an event in Rauma, Finland to celebrate the occasion. Azimuthing thrusters, which today are one of Rolls-Royce’s most successful marine products,  rotate through 360 degrees…

DELTA 'T' Systems Appoints Sales Manager

May 12, 2015

Delta 'T' Systems has appointed Jon Gustafson as its application sales manager. The announcement was made by company president Lynn Oien.Bringing over 15 years of broad marine experience to his new position, Gustafson manages and will grow the application sales team…

SCHOTTEL Launches New Service Divisions

May 12, 2015

SCHOTTEL announced the creation of two new service divisions, Automation and Systems Engineering as well as Repair International.  Stefan Buch was appointed director of the division Automation und Systems Technology. The electrical engineer…

Cummins: New Environmental Sustainability Goals

May 11, 2015

Cummins Inc. announced two new environmental sustainability goals for its products in-use and the logistics of the company's managed freight. These new goals are part of a broader effort for Cummins to reduce its environmental footprint…

Caterpillar Plans Training Center for Dubai

May 11, 2015

Caterpillar announced that it will build a Regional Training Center for the African and Middle East Region (AME) in Dubai, United Arab Emirates. The Center will offer hands-on machines and power systems technical and sales training to Caterpillar's dealers and customers in the AME region…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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Mitsubishi Heavy expects 10% profit growth in this year due to strong defense demand
Sources say that the US Virgin Islands is considering a new registry for ships.
UK sanctions directors of an oil trading group for Russian ties