Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low. However, collective industry efforts are already focusing in on how a reduction…
Variable Bore Rams Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is lending support to communities in the southern Louisiana disaster zone in the wake of recent flooding. President of VBR…
Responding to the unexpected service disruption caused by CKYHE alliance member Hanjin Shipping, which has entered rehabilitation proceedings, Evergreen Line has added new functions to its online e-commerce system.The service disruption…
ABB has appointed Guido Jouret as Chief Digital Officer, reporting to ABB’s CEO Ulrich Spiesshofer, effective October 1, 2016. Jouret, a pioneer of the Internet of Things, will lead the next level of development and deployment of ABB’s digital…
Sparkman & Stephens (S&S), the naval architecture and brokerage firm founded by Olin Stephens and Drake Sparkman in 1929, announced that it was acquired by a group of private investors led by Brooke S. Parish and John B. Reuter.The transaction…
Horizon Shipbuilding, Inc. of Bayou La Batre, Ala. has been recognized for its Outstanding Achievement in Innovative Manufacturing by the Economic Development Partnership of Alabama for the shipbuilder’s GORDHEAD management software, which aims…
At the SMM 2016 in Hamburg, Transas CEO Frank Coles delivered the company's standpoint on the future of maritime operations. Coles opened the forum by summing up the situation of maritime technology market today, stating that, “Our industry today is awash with innovation…
Globecomm, providers of maritime connectivity services, is integrating its Telaurus and Globecomm South Africa business units to enhance service provision to ship owners. Globecomm South Africa is an Inmarsat Distribution Partner and L-Band specialist supporting service providers and resellers…
Building upon conventional technical skills and know-how while also taking advantage of the latest technology, Hydrex offers a unique hull monitoring service to its customers. This gives shipowners total control of their ship's hull condition and consequently its performance…
ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…
Marine and underwater LED lighting provider OceanLED has anounced two new staff appointments to its global leadership team: sales, product, business and organizational expert Charlie Stuart joins the company as Global Managing Director, and Lindsay Shapiro joins as the new Marketing Manager…
Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump. Mitsubishi Heavy Industries, Ltd. (MHI) announced in a press release today that it has entered talks with Imabari Shipbuilding Co…
Mitsui O.S.K. Lines, Ltd. today announced that the company and its subsidiary MOL Information Systems, Ltd. have signed a contract with Yokohama National University to conduct a joint study on the analysis and use of big data related to ocean shipping…
Effective August 29, 2016, YANMAR America announces that Zack Bolien will transition from his current role of Parts Marketing Specialist to Digital Marketing Specialist. The Digital Marketing Specialist is a new position for the company…
Two innovators in delivering unique solutions for the maritime sector, Damen Green Solutions and Evoqua Water Technologies will launch the DAMEN BALCON EC 1500 powered by the SeaCURE ballast water management system (BWMS) at SMM Hamburg. The…