Austal announced the appointment of Chris Pemberton to the position of General Manager - Austal Service. Pemberton previously held senior positions within Austal’s Sales and Marketing team and brings to the role more than 15 years experience in the aluminium vessel industry…
Davie Yards Inc. (TSX:DAV) announced that Alain Tanguay has tendered his resignation as Chief Financial Officer of the Corporation, effective February 26, 2010, to pursue other career opportunities. The Corporation has begun a search for a new CFO…
NewLead Holdings Ltd. (NASDAQ:NEWL) announced that it has signed a Stock Purchase Agreement providing for the purchase of two Kamsarmaxes for an aggregate purchase price of $112.7m and signed a Memorandum of Agreement for the sale of the product tanker Chinook for $8…
Seakeeper has brought on ComMar Sales to handle the East Coast, South, Gulf Coast and Florida distribution of its line of Gyro Stabilization Systems. ComMar will represent Seakeeper in Alabama, Connecticut, Delaware, Florida, Georgia, Kentucky…
Transocean Ltd. (NYSE:RIG) announced the effective date for Steven L. Newman to become CEO is March 1, 2010. As previously announced, Newman will succeed Robert L. Long, who is retiring as CEO. In keeping with current corporate governance best practices…
German-based INPLAN GmbH, specialist in Port Management software, has entered a co-operation with Logistics and Port Management Americas LLC (LPMA), Needham, Mass., to develop the American market. The operator of container terminals, LPMA will coordinate INPLAN sales activities in the United States…
Container shipping line APL announced plans for a general rate increase in the Intra Asia trade. The proposed increases will affect all trade from the Far East to India and Pakistan. The rises will be $100 per 20 ft container and $200 per 40-ft container and are effective 1 March 2010…
Genoa-based classification society RINA has taken a lead in the developing market for floating LNG terminals. It has been chosen to class the first offshore Floating Storage and Regasification Unit (FSRU), and is providing studies and support for a number of further offshore LNG projects…
Mercury Computer Systems, Inc. (NASDAQ:MRCY) , a provider of open, embedded, high-performance computing systems, software, and services for image, sensor, and signal processing applications, announced delivery of its network-enabled radar processing…
Raytheon Company (NYSE: RTN) achieved another in a series of milestones for the Zumwalt-class destroyer program with the successful Total Ship Computing Environment (TSCE) Release 6 software specifications review. Zumwalt’s TSCE is an advanced…
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has appointed Colin Cunningham to help drive the growth of its expanding lifeboat business both in the UK and internationally. Cunningham will be…
RBG Limited, provider of fabric maintenance and construction support to the global energy industry, launched a new range of products and services enhancing the company’s marine and subsea capability.RBG’s new, diver friendly hydraulic lightweight…
On 12 February 2010, the container ship Maersk Sydney called at the Port of Hamburg for the first time as part of the Maersk Line’s expanded AE-10 scheduled liner service. This liner service links the ports of Shenzhen (Dachan Bay), Ningbo, Shanghai…
ABB, a power and automation technology group, has acquired the turbocharging service activities of ABCO Industries Limited located in Lunenburg, Nova Scotia. ABB did not disclose the value of the transaction.Prior to the acquisition, ABCO’s…
Wärtsilä has been awarded a contract by DSD Shipping AS of Stavanger, Norway to retrofit the main engines on four DSD Shipping vessels with the Wärtsilä Retrofit Pulse Lubricating System. The Retrofit Pulse Lubricating System (RPLS) is designed to lower the oil feed rate to the engine…
