The Directors to Kvaerner's Board have been elected. From Kvaerner's first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner's employees…
ORBIT Communication Systems, Ltd., a subsidiary of Orbit Technologies Ltd. (TASE:ORBI), today announced that it has recruited Dr. Carlo Rizzo to head its Telemetry and Earth Observation business operations in Europe. A seasoned industry expert…
When Admiral Robert J. Papp assumed the duties of the 24th Commandant of the U.S. Coast Guard on May 25, 2010, he also served notice that it won’t be business as usual at headquarters. Papp, unlike his three immediate predecessors, apparently…
In shipping, there’s little that one can count on from year to year. The word “change” comes to mind immediately. Another constant is a steady hand at the helm at the International Association of Independent Tanker Owners (INTERTANKO), the voice of the world’s collective tanker market…
GE Marine reports that it will provide Austal USA, Mobile, Alabama, with two LM2500 aeroderivative gas turbines to power the United States Navy’s fourth LCS-Class-Independence variant. The new LCS will be named USS Montgomery, and will be powered…
MAN Diesel & Turbo used the world premiere of its MAN B&W ME-GI gas engine in Copenhagen to present efficiency technologies for its twostroke engines, namely its WHR (Waste Heat Recovery) systems, that include its TCS-PTG turbines, and which are offered as an integrated solution…
Wilhelmsen Ships Service (WSS) has signed its first contract with Karachi Port Trust (KPT) to supply cleaning chemicals during 2011 – 2012, demonstrating an ongoing growth for WSS within what is an increasingly important region to the company…
HRH The Prince Consort of Denmark visited the North American headquarters of Maersk in Madison, NJ, today. The Prince Consort met with Chairman and CEO of Maersk Inc. J. Russell Bruner, Chief Financial Officer Maersk North America Morten K…
At a press conference at the Shanghai International Conference Center in China, executives from Royal Caribbean International told an audience of 300 travel agents and media partners that it will introduce Voyager of the Seas to the China market in June 2012…
Atlas Copco welcomes its newest drilling equipment distributor, James River Equipment. The company, well-known as a heavy equipment supplier, will represent Atlas Copco in the Carolinas for blasthole rigs, other surface drilling rigs and equipment…
NOL Group announced the resignation of Eng Aik Meng as President of its APL shipping business. The container transportation and logistics group has named Kenneth Glenn, currently President of its North Asia Region, as his replacement.NOL said Mr…
The state of the art crane vessel the Oleg Strashnov arrived at the Sheringham Shoal site early last week after a trip to Vlissingen in Holland to pick up further monopiles, and has resumed foundation installations. Currently persons on board number 162…
Wilhelmsen Ships Service (WSS) Saudi has been appointed by the new Ras Al Zawr port in Saudi Arabia LPG/C Al Barrah as the first agent to be issued a license of operation to load ammonia. Ras Al Zawr is one of the six new ports planned by the…
IHC Merwede has recently increased its underwriting capacity by more than 50 percent to nearly $2.2 billion. Of this amount, over $1.3 billion has been committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks…
Based on planned IMO compliance deadlines, over 50,000 merchant ships will need to install certified BWT systems by 2016 or 2017; that’s about 10,000 ships per year for five or so years after ratification. Optimarin, a world leader of ballast water treatment systems…
