People & Company News

 

Agreement to Acquire Arrow Energy Ltd

Mar 23, 2010

The Board of Arrow Energy Limited (Arrow) to unanimously recommend its shareholders vote in favour of the joint proposal to acquire 100% of Arrow shares. CS CSG (Australia) Pty Ltd, the 50/50 joint venture company owned by Shell and a subsidiary of PetroChina…

Parker Sales Manager at Kvichak

Mar 23, 2010

Kvichak Marine Industries in Seattle, Washi. announced the appointment of Art Parker as Sales Manager with a focus on North American business development.  Parker has 30 years experience in the aluminum boatbuilding business and has been with the Kvichak sales and marketing team for 15 years…

Navios Maritime Purchases Navios Aurora II

Mar 23, 2010

Navios Maritime Partners L.P. (NYSE: NMM), an owner and operator of dry cargo vessels, announced the purchase of Navios Aurora II, a 2009 South Korean-built Capesize vessel with a capacity of 169,031 dwt, for $110m from Navios Maritime Holdings Inc…

Wärtsilä Selected Best Supplier by CNOOC

Mar 19, 2010

Wärtsilä received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation. After internal evaluation by project management teams, 28 Chinese and international vendors participating in nine of CNOOC's major projects were honored…

Viking Prospers Despite Tough Conditions

Mar 19, 2010

Viking Life-Saving Equipment A/S achieved all-time-high sales of $208m, up just over six percent on 2008. The group's profit also improved slightly compared with 2008. The company’s management attributes the record performance to increased focus on cost reduction and working capital…

Pfeifer VP of Business Dev, Marine Travelift

Mar 18, 2010

Marine Travelift, Inc. announced the promotion of Erich Pfeifer to Vice President of Business Development and Marketing. Pfeifer will be responsible for all industrial and government sales, as well as marine sales in the Americas.  He will also…

HB Rentals Supplies Shenzi Platform

Mar 18, 2010

Accommodations specialist, HB Rentals, a Superior Energy Services company, will provide a two-building accommodations package for the Shenzi tension leg platform (TLP) in the Gulf of Mexico. The package will consist of two ABS- and USCG-compliant eight-man sleeper units with a…

Sorensen MCP Managing Director, Americas

Mar 18, 2010

Maritime Communications Partner (MCP), wireless communications provider to the cruise industry, announced that it has appointed Fred Sorensen as its new Managing Director for the Americas. He succeeds Steinar Stromsvag who has been in charge of MCP’s Miami office since 2005…

Korean Register Breaks Ground in Busan

Mar 18, 2010

At a ceremony in Busan, Korea on 12 March, the chairman and CEO of the Korean Register – an IACS member classification society – together with over 300 VIP guests, formally broke the ground to start construction of KR’s new head office. As part of its continuing international development plans…

Almaco Modernizes M/S Kristina Katarina

Mar 16, 2010

Almaco Group has been awarded by Kristina Cruises the contract to modernize passenger cabins and public areas on the owner's new flagship M/S Kristina Katarina. The work will be done in Kotka, Finland, and will be completed by the end of July 2010…

Danaos Takes Delivery of 42nd Containership

Mar 16, 2010

Danaos Corporation (NYSE: DAC) announced that on March 12, 2010, it took delivery of a newly built containership, the CMA CGM Musset, expanding its operational fleet, following the sale of the 30 year-old Eagle Express, to a total of 42 containerships aggregating 177…

Wilhelmsen 2000 Tonnes Shipment for Belwind

Mar 15, 2010

Wilhelmsen Ships Service’s Project Logistics team at Lysaker, Norway has just completed two shipments of heavy duty electrical cable to Belgium, for use in the Belwind offshore energy project in the North Sea off Belgium. The cables were produced in Tonsberg at Parker ScanRope AS…

BEI Security Announces MarineNet

Mar 15, 2010

Houston-based, BEI Security announced the availability of MarineNet, an above water and underwater security intrusion detection system for commercial and military facilities. MarineNet can be installed underwater in one of two configurations…

Ezra Orders MacGregor Cargotec Cranes

Mar 15, 2010

Cargotec will deliver two large offshore cranes to Singapore-based Ezra Marine Service Pte Ltd in 2010 and beginning of 2011 respectively. The cranes will be fitted to a deepwater anchor-handling towing/supply vessel (AHTS) and to a self-propelled accommodation barge…

Tyco Telecommunications Renamed TE SubCom

Mar 15, 2010

Tyco Telecommunications, a business unit of Tyco Electronics, announced it is now operating under a new corporate name: Tyco Electronics Subsea Communications (TE SubCom). In 2010, TE SubCom will complete cable installations and upgrade projects in Asia…

Logistics News

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

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