Atlas Elektronik has established a new subsidiary in Finland. With this local branch, Germany’s systems supplier for naval electronics will be able to start an intensive support to the Finnish Navy and also work more closely with Finnish partners…
Genco Shipping & Trading Limited (NYSE:GNK) has reached an agreement to enter into a time charter for the Genco Claudius, a Capesize newbuilding, with Cargill International S.A. for 10.5 to 13.5 months at a rate of $36,000 per day, less a 5% third-party brokerage commission…
Less than 24 hours after Hurricane Ida reached the coast of La., trucks were leaving Tideland Signal’s factory loaded with solar powered marine beacons and fog signals desperately needed to mark the Gulf Coast’s vital offshore oil wells. Emergency spares…
OptiMarin AS has received Type Approval Certificate for the OptiMarin Ballast System (OBS). The Type Approval Certificate has been issued by Det Norske Veritas (DNV) on behalf of the Norwegian Maritime Administration and confirms OptiMarin’s…
MAN Diesel celebrated the official opening of its newest service centre in Seattle, Washington on 27 October to further expand its PrimeServ network in North America. The Grand Opening of MAN Diesel PrimeServ Seattle took place in front of more than 100 customers…
The ABS Board of Directors has elected two senior executives of the classification society to the position of Corporate Officers. Mark A. McGrath currently serving in the appointed role of President and Chief Operating Officer of the ABS Pacific Division and Kenneth L…
ABS was named Best Classification Society during the recent Lloyd’s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the industry’s daily newspaper to benchmark excellence within the maritime industry…
Lloyd’s Register Classification Society (China, [LRCS]) and International Paint have delivered their 60th training course aimed at bringing Chinese shipyards up to speed with the International Maritime Organization’s (IMO) new Performance Standard for Protective Coatings (PSPC) on commercial ships…
During a formal ceremony held at the local Sheraton Hotel in Oran, Algeria on the 9th of September, Giampiero Soncini and Stefano Succi have signed a contract with Hyproc, a branch of the Algerian oil and gas company Sonatrach, the 12th largest oil and gas company in the world…
Hydrex has developed a new method enabling permanent repairs of rudders without drydocking the ship. The newly designed equipment is lightweight and can be mobilized very rapidly in our special flight containers. Major defects on rudders very often cause unscheduled drydocking of ships…
Intelsat, Ltd., provider of fixed satellite services, announced the signing of a multi-year distribution agreement with Corporate Satellite Communications (CSC/DVS) for Intelsat’s Network Broadband Global Maritime service. CSC/DVS’s customers…
Raytheon Anschütz has now introduced new features for its Standard 22 gyro compass. Among the new features the most important improvements are independent transmitting magnetic compass and individual speed error correction functions. Standard…
Lockheed Martin Australia of Canberra and Acacia Research, Ltd. of Adelaide are teaming to pursue the combat system integrator role for the Royal Australian Navy's Future Submarine project, SEA 1000.Under this Department of Defence project…
Tideworks Technology and Santa Marta International Terminal Company (SMITCO), a joint venture between Manzanillo International Terminal-Panama, S.A. (MIT) and Sociedad Portuaria de Santa Marta (SPSM), announced the finalization of an agreement…
Medina International Holdings, Inc. (Pink Sheets: MIHI), a manufacturer of specialized search and rescue boats, announced that it has completed the acquisition of Harbor Guard Boats, Inc. Harbor Guard Boats, Inc. manufactures fire rescue, rescue and patrol boats…