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…
Jeppesen, a subsidiary of The Boeing Company, has teamed with Furuno and MapMedia to develop NavNet 3D-compatible C-MAP by Jeppesen vector charts. This will allow boaters to use advanced features and functionality of the NavNet 3D system while navigating with C-MAP by Jeppesen chart data…
Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract to supply the navigation and communication systems for nine new 114.8 ft patrol boats being built for the Iraqi navy.The $19m firm, fixed-price contract was awarded to…
Harrington Hoists, Inc., recently hosted a celebration dinner in honor of their 20th year anniversary as a wholly owned subsidiary of Kito Corporation. This relationship allowed the company, in a joint effort, to become the sole source for…
Hal Martin and Ray Schiller, owners of Panel Specialists, Inc. in Temple, Texas, retired December 31, 2009. As life-long residents of Temple, both had careers with Wilsonart. Schiller spent 30 years with Wilsonart and has been involved with the marine industry for 35 years…
