Sheldon Joins CDI
Ray Sheldon brings 40 years of experience to the company’s global engineering business. CDI Corp. (NYSE:CDI) has announced that Ray Sheldon has joined its Global Engineering and Technology Solutions (GETS) unit as Vice President of Naval Architecture and Systems Engineering. Mr. Sheldon will lead CDI's greater Washington, DC, area operations, which provide advanced technology consulting and solutions to the United States Navy, US Coast Guard, and other defense and commercial clients. Mr.
Reduce Boatbuilding Risk by Starting with Requirements
Managing the risks associated with a new ship acquisition, whether commercial or military, can be a daunting process. For the commercial operator, the new ship must make a reasonable profit after the cost of design and the annual operating costs are accounted for. The warfighter must fit his new acquisition into ever-shrinking fiscal budgets while ensuring that a vital mission capability is met. Programmatic Risk – Will the selected hull form and associated requirements successfully meet the owner’s needs?
Valuable Maritime Services Contract Continuation for CDI
CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center. The watercraft engineering and marine services contract is for the Naval Surface Warfare Center, Carderock Division, Detachment Norfolk – Combatant Craft Division (CCD). The new task order, including all options, has a maximum value of $36 million over a two-year period. CDI will be the principal engineering and installation/alteration contractor for the CCD…
Videotel Works with Industry for Chemical Tanker Training
Chemical Tanker safety comes into sharp focus in a new training course from leading maritime training provider Videotel Marine International. The newly-launched Advanced Chemical Tanker Course has been developed in conjunction with the Chemical Distribution Institute (CDI), with the involvement of some of the biggest names in the chemical tanker industry. Nigel D. Cleave, Videotel CEO, explained the thinking behind the initiative, “Chemical companies employ some of the highest quality workforce and demand the highest quality training for that workforce.
ESD Systems Recommended for Oil/Chemical Tankers
OCIMF and CDI release new information paper Linked Ship/Shore Emergency Shutdown Systems for Oil and Chemical Transfers. The information paper, jointly released by CDI and OCIMF on April 21 recommends an Emergency Shutdown (ESD) connection that will link ship and terminal ESD systems, so that manual activation by the terminal or ship will stop cargo transfer operations. “Linked ship/shore ESD systems have been a standard safety feature of LNG transfer operations for many years,” said OCIMF Director Captain Andrew Cassels.
Jerome Best Named VP at Seaward Services
Seaward Services, an HMS Global Maritime company, has hired Jerome Best to serve as Vice-President for Business Development and Capture at the corporate office in New Albany, Ind. Best most recently held a position as FMS Port Engineer with CDI Marine Company LLC, where he had responsibilities in both Winter Park, Fla. and Beirut, Lebanon. Best studied Occupational Education at Southern Illinois University, Carbondale, before he was enrolled in Defense Acquisition University in Ft. Belvoir, Va. From 1990-2002, he was professionally trained in Management and Systems Acquisition.
OceanWorks Names Business Development Manager
OceanWorks welcomes Keith La Rose to its team in the position of Business Development Manager – Military in Vancouver office. Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’ penetration of the military market by further raising awareness of the company’s proven custom engineering, standard products, and service capabilities. Throughout his extensive sales career, Keith has held various professional and sales management positions…
APL Celebrates 150 Years in Japan
The Yokohama Port and Habour Bureau, Yokohama-Kawasaki International Port Corporation and Yokohama Port Corporation have paid tribute to APL for its contributions as one of Japan’s longest-serving shipping lines. As APL celebrates 150 years of shipping in Japan, the carrier also renews its commitment towards the advancement of the country’s maritime sector. APL Chief Executive Officer, Nicolas Sartini said, “Japan is strategic to APL’s Intra-Asia developments and we will build on our 150-year-old foundation which few can claim to own.
Greater Access to INTERTANKO Database
Access to INTERTANKO's Terminal Vetting Database (TVD) is now available to those who are tanker owners/operators, terminal owners/operators, PSC authorities and others with a legitimate interest in improving safety, but who are not Members or Associate Members of the Association. Access to the TVD continues to remain free of charge, although access still requires agreement and compliance with the TVD's terms and conditions of use. We believe that such broadened access to the TVD…
Cosco, PSA Launch New Berth in Singapore
China's Cosco Shipping Ports (CSP) is launching a new berth at its joint venture container terminal - Cosco PSA Terminal (CPT) - with PSA Corporation in Singapore. The two parties inked a memorandum of understanding on Thursday for the berth, which will be Cosco Shipping Ports' third at the Pasir Panjang Terminal. Established in 2003, CPT has served as a hub for container shipping in the Southeast Asia region. The launch of the third berth follows the CSP supplemental agreement signed with PSA on 18 March 2016…
Chance to Buy Carnival Shares at UK Bourse
Carnival Corporation to sell existing shares over time in the London stock market. Carnival Corporation and Carnival Investments Limited, a wholly owned subsidiary of Carnival Corporation, intend to sell existing Carnival plc ordinary shares that they hold in the UK market. Depending on market conditions, Carnival Corporation and Carnival Investments Limited over time will sell up to 32,000,000 ordinary shares of Carnival plc in this program. Under the terms of the articles of association of Carnival plc the ordinary shares sold by Carnival Corporation and Carnival Investments Limited will…
Carnival Signs MOA for First New Cruise Ships Built in China
Carnival Corporation & plc has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement (MOA) to order the industry’s first new cruise ships built in China for the Chinese market. The MOA is subject to several conditions including closing of the joint venture, financing and other key terms. As part of the new MOA, Carnival Corporation’s cruise joint venture in China agreed to order two new cruise ships to be built by a newly formed China-based shipbuilding joint venture between China’s largest shipbuilder…
Carnival’s Fathom Approved for US-Cuba Sailings
Carnival Corporation & plc has received Cuban approval to begin travel to Cuba starting on May 1, 2016. This, following U.S. authorization granted in July 2015, clears Carnival Corporation to operate the 704-passenger MV Adonia to Cuba through its newest brand Fathom, marking the first time in over 50 years a cruise ship is approved to sail from the United States to Cuba. Cuban authorities from Havanatur Celimar, various other agencies and Carnival Corporation today signed agreements enabling cruising by Carnival Corporation to Cuba.
Carnival Announces Audit Safety Procedures
Carnival Corporation & plc Announces Comprehensive Audit and Review of Safety and Emergency Response Across All Its Cruise Lines. Following the tragic Costa Concordia accident, Carnival Corporation & plc, parent company of Costa Cruises and nine other cruise lines around the world, announced a comprehensive audit and review of all safety and emergency response procedures across all of the company's cruise lines. Carnival Corporation & plc and the cruise industry as a whole have maintained an excellent safety record over the years.
Keppel's Senior Executive Director to Retire
Keppel Corporation Limited announced that Teo Soon Hoe, Senior Executive Director, Keppel Corporation will retire June 1, 2014. Teo will step down as Chairman of Keppel Telecommunications & Transportation Ltd (Keppel T&T) and non-independent director of Keppel Infrastructure Fund Management Pte Ltd (KIFM), Trustee Manager of Keppel Infrastructure Trust, with effect from the same date. Teo will continue to represent Keppel Corporation as its nominee director on the boards of Tianjin Eco-city companies, and k1 Ventures Limited.
Keppel Listed on Global Sustainability Indices
Driven by a firm commitment to continuously strengthen its environmental, social and governance (ESG) management and strategy, Keppel Corporation's sustainability efforts have gained momentum, affirmed by inclusion on several global sustainability benchmarks in recent months. Keppel Corporation has been included on the latest Euronext Vigeo World 120 index released 28 November 2014. The company has been listed among the top 120 companies in Europe, North America and Asia Pacific for control of corporate responsibility risk and contribution to sustainable development.
Carnival to Add Nine Ships to Cruise Fleet
Carnival Corporation & plc today signed two strategic memorandums of agreement that will add a total of nine new cruise ships to the company’s fleet over a four-year period from 2019-2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are subject to several conditions, including satisfactory financing. Italian shipbuilder Fincantieri S.p.A and German shipbuilder Meyer Werft will each build new ships based on Carnival Corporation’s next-generation ship designs…
Kachidurian Named Chief Commercial Officer of Seacube
Jim Kachidurian has been named Chief Commercial Officer of container leasing company SeaCube Container Leasing Ltd. He will report to Robert Sappio, Chief Executive Officer. Kachidurian has executive experience across a variety of financial services and transportation companies, having began his career in container leasing at Transocean Leasing some 30 years ago. He has held senior sales and marketing roles with companies such as GE Capital, Donlen Corporation and most recently as Senior Vice President - Sales and Marketing at Stoughton Trailers in Madison, Wisc.
Carnival Sets Up Asia Unit, Appoints Head
Carnival Corporation appoints Costa Cruises Chairman Pier Luigi Foschi to oversee the company's growth strategies within the Asian region. In his role as chairman and chief executive officer of the new Carnival Asia unit, Foschi will be responsible for establishing Carnival Corporation & plc's new corporate offices in Singapore and providing guidance and assistance to the organization's various operating units in pursuing their Asian cruise strategies. Currently, Carnival Corporation…
US Corp Buys PCTC
International Shipholding Corporation purchases a 1999-built Pure Car Truck Carrier (PCTC) to fly the US flag. International Shipholding Corporation announce the purchase of a 1999-built Pure Car Truck Carrier (PCTC). The vessel acquisition was funded by a $3.5 million cash payment and the sale of the Company’s 1994-built PCTC, Green Cove, to the seller in a transaction valued at approximately $27.5 million. The newly purchased PCTC, which will be reflagged under the U.S. Flag and renamed Green Cove, will promptly commence a long-term charter with a strong, creditworthy counterparty. Mr.
Wood Jr. Appointed Chairman at American Superconductor
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16. He replaces former chairman and company founder, Gregory J. Yurek, who retired as chief executive officer earlier this year. Wood, 67, has been an independent director of AMSC since 2006. Prior to joining AMSC’s Board, Wood was chief executive officer of Analogic Corporation, a leading designer and manufacturer of medical imaging and security systems.
Carnival Plans to Save 1 Billion Gallons of Fuel
Carnival Corporation & plc released the results of its multiyear Fleet Fuel Conservation Program that states by the end of 2014 the cruise company will have saved more than one billion gallons of fuel and reduced fleet carbon emissions by 12 billion kilograms over a seven year period. By the end of 2014, Carnival Corporation's Fleet Fuel Conservation Program will have improved the fleet's overall fuel efficiency by 24 percent compared to 2007, while saving approximately $2.5 billion in fuel costs, the company's single biggest expense.
Carnival Corp MOU with CSSC to Promote Cruise Industry
Carnival Corporation & plc the world’s largest cruise company, today announced it has signed a memorandum of understanding (MOU) with the China State Shipbuilding Corporation (CSSC) to explore the possibility of a joint venture aimed at accelerating the development and growth of the Chinese cruise industry, expected to be one of the largest cruise markets in the world with 4.5 million passengers by 2020, according to the Chinese Ministry of Transport (MOT). Becoming official at a signing ceremony today at the Ninth China Cruise Shipping and International Cruise Expo in Tianjin…
Carnival Corp. to Invest $400m in Scrubber Technology
Carnival Corporation CEO Arnold Donald announced that Carnival will significantly extend its installation of exhaust gas cleaning technology, investing $400m in the coming three years to install the technology on 70 ships across its brand, a significant jump from the 32 announced last year. Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world’s largest cruise company, and Donald stressed that it is the company’s intention to use “communication, collaboration and cooperation” across its 10 brands to both build revenue generation opportunities…
Volunteers Pitch In for 'Canal Clean Sweep'
Events Linked to Earth Day. More than 100 groups of volunteers are expected to join in for the seventh annual "Canal Clean Sweep" on the weekend of April 20-22, 2012. Sponsoring partners for the "Canal Clean Sweep" are the New York State Canal Corporation, the non-profit Parks & Trails New York, and the New York State Environmental Facilities Corporation. The events along the 524-mile-long Canal system help celebrate Earth Day, April 22, and prepare the canals for the 188th consecutive navigation season, scheduled to begin May 1, weather permitting. Brian U.
Cuba Opens Up for Carnival Corp. Brand
Carnival Corp. granted U.S. Carnival Corporation & plc said that the U.S. Department of the Treasury and the U.S. Department of Commerce granted approval for the company to begin travel to Cuba. Carnival Corporation intends to take travelers to Cuba beginning in May 2016 via its newly launched fathom brand – a new social impact travel brand providing purpose-oriented, social impact experiences, initially in the Dominican Republic. Carnival Corporation intends to operate fathom travel itineraries directly to Cuba for the purpose of providing cultural…