Chance to Buy Carnival Shares at UK Bourse
Carnival Corporation to sell existing shares over time in the London stock market. Carnival Corporation and Carnival Investments Limited, a wholly owned subsidiary of Carnival Corporation…
Rolls-Royce's Technology Management Skills Recognised
Rolls-Royce recognised as one of the best in Europe for 'Technology Management' by the Fraunhofer Institute for Production Technology. The 'Successful Practice Award' was presented recently at a ceremony held in Vaals, the Netherlands. Rolls-Royce, which has invested over £7.5 billion in the last ten years on Research and Development, was commended for its long-term strategic approach to technology development.
Vietnam Opens Deepwater Container Port
Cai Mep-Thi Vai international port in the coastal southern province of Ba Ria-Vung Tau inaugurated. The construction of the port, an international gateway, was funded with 12.9 trillion VND (US$ 620-billion) from the Japan International Cooperation Agency (JICA) and is expected to ease the strain on other ports in Ho Chi Minh City and also to improve trade links among south-eastern provinces. Deputy…
Super Slow Steaming – Bunker Sales Down
The Port of Rotterdam reports 2012 fuel oil bunker volume fell from 11.6 to 10.3 million tonnes. The Port of Rotterdam Authority attributes the decline as a whole to the more efficient way of sailing adopted by shipping (‘super slow steaming’). However, gas oil bunkering increased slightly; from 530,000 to 550,000 tonnes. Container vessels account for almost half of the close on 23,000 bunkers sold and three-quarters of the total quantity of fuel oil bunkered.
FarSounder Sponsor Superyacht Technical Workshop
FarSounder is a sponsor for Day 2 of the 2013 American Superyacht Forum in Las Vegas, hosted by The Superyacht Group. FarSounder, Inc. is a U.S. based high technology marine electronics manufacturer specializing in underwater acoustics, and the provision of realtime 3D sonar systems. The workshops and exhibits at the American Superyacht Forum will run throughout the day, providing an opportunity for…
Sailors Save Shipyard, Navy, Half-a-Million Dollars
Sailors aboard 'USS Abraham Lincoln' (CVN 72) completed a major step in its overhaul, removing all flight deck catapults. The aircraft carrier's V-2 division teamworked with Huntington Ingalls Industries, Newport News Shipbuilding shipyard workers, allowing them to begin their inspection for structural corrosion beneath the catapult troughs sooner. In all, Lincoln's V-2 Division saved 4,800 man-hours of labor from shipyard workers, saving the Navy $480,000.
ABB's New Turbocharger: 'A Quantum Technology Leap'
ABB Turbocharging unveil its new A200-L generation of single-stage turbochargers for low-speed two-stroke engines. The A200-L’s compressor stage has been optimized…
MOL Warns Large Net Loss in 2012
Mitsui OSK Lines' financial statement for Q3, December 31, 2012, underlines a stagnant shipping market. Looking at the maritime shipping market conditions, in the dry bulker market…
Nautilus Marine Extends Acquisition Tender Period
Greece's Nautilus Marine Acquisition Corp. (Nautilus) extends tender period referring to the acquisition of Assetplus Ltd. The tender offer, as amended, has been extended until 5:00 p.m.…
Greek Shipowners CPLP Justify Q4 2012 Net Loss
Capital Product Partners L.P. (CPLP) attribute fourth quarter 2012 net loss to a US$43.2-million impairment charge. CPLP an international owner of modern tanker…
Cruise Trade Association Goes Global
9 cruise industry associations to operate under a common organization with a unified structure to better serve the industry. The new association was created to provide…
Older Markey Equipment Doesn’t Fade Away ...
It Just Comes Home for New Life. The late W.C. “Bill” Markey, President of Markey Machinery for over 40 years (1948 to 1988) coined a simple phrase for the company’s design philosophy, “Built Hell For Stout”. As a result, an extraordinary number of Markey deck machines manufactured during that era (and after) are still in service today. As a result, customers often contact Markey for service parts and/or complete overhaul of a winch that is over 50 years old.
ABS Forms Operational, Environmental Performance Team
Top talent to take leadership role in developing solutions for industry’s most pressing challenges. ABS, a provider of global classification services, has taken…
Offshore Lifting Trials Completed
Offshore lifting trials with crane barge Conquest MB1 and Cargo / supply vessel Abis Dublin successfully completed. deugro Denmark A/S, together with partners Conquest Offshore and Amasus Shipping / Abis Shipping, have developed a plan for the installation of offshore windpark components. The approach of this plan is the use of a standard offshore barge with a 1,500 tons offshore crane (Conquest MB1)…
Seamen’s Union Launches 48 hour Strike in Greece
Inchcape Shipping Services (ISS) advised of 48 hour strike action in Greece by the Seamen’s Union from 0600 on Thursday 31 August until 0600 on Saturday 2 February 2013.
Signal Ship Repair Achieves 1000 Days
Signal Ship Repair, a division of Signal International, Inc., recently attained a milestone of 1,000 days without a lost time injury, on January 30th, 2013. This…
MacGregor Wins Ship Equip Deal
More car carriers benefit from established MacGregor electric-drive technology. MacGregor, part of Cargotec, has secured a contract to deliver electrically-driven…
Maersk Line Commences New Service From KPCT
A solution providing dedicated road and railway lines, efficient terminal operations, world-class marine infrastructure, customer-centric approach, cost effective services was of utmost requirement to the Southern Andhra Pradesh, Eastern Karnataka, and Northern Tamil Nadu hinterland. These facilities define Krishnapatnam Port Container Terminal (KPCT). With such advantages, new Container line services are commencing from KPCT.
ACL to Haul for SeaRiver Maritime
American Commercial Lines Will Transport Petroleum Products by Inland Barge for SeaRiver Maritime Inc. American Commercial Lines (ACL) is pleased to announce that…
Kirby Announces 4Q & 2012 Year Financials
Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2012 of $57.9 million, or $1.03 per share, compared with $56.2 million…
