Archive for the ‘News’ Category

Cargotec appoints Tom Svennevig Vice President for MacGregor advanced load-handling business

Cargotec appoints Tom Svennevig Vice President for MacGregor advanced load-handling business
 Cargotec has appointed Tom Svennevig as Vice President responsible for the company’s advanced load-handling business line as of 24 October 2011. Mr Svennevig is experienced in the offshore business, and he joins Cargotec from Aker Pusnes in Norway where he was Vice President, Deck Machinery....
November 24th, 2011 | People and Places | Read More

Wärtsilä completes unique conversion of vessel to LNG operation

Wärtsilä completes unique conversion of vessel to LNG operation
The product tanker ‘Bit Viking’ was the first vessel ever to undergo a conversion by Wärtsilä from heavy fuel oil to liquefied natural gas (LNG) operation. The conversion enables the ‘Bit Viking’ to qualify for lower nitrogen oxide (NOX) emission taxes under the Norwegian NOX fund scheme. The...
November 23rd, 2011 | News, Ship Conversions | Read More

Dramatic South Hall changes for the 2012 Tullett Prebon London Boat Show

Dramatic South Hall changes for the 2012 Tullett Prebon London Boat Show
 The 2012 Tullett Prebon London Boat Show at ExCeL London is set to be another spectacular event for the UK marine industry with hundreds of must-see boats on display.  The London Show is an important event for visitors as it marks the start of the next sailing year; when you can’t get out on the...
November 20th, 2011 | Exhibitions, Sports | Read More

60 seconds with Jerry Sullivan

60 seconds with Jerry Sullivan
 Lloyd’s is celebrating the 25th anniversary of the Lloyd’s building – one of the most forward-looking architectural feats of its time. Modern architecture can be challenging – and not just in the aesthetic sense, says Jerry Sullivan, a specialist underwriter of architects and engineers professional...
November 20th, 2011 | Dialogs and Debates, Organisations | Read More

Lord Mayor of London commends UK Maritime Services

Lord Mayor of London commends UK Maritime Services
Mark Jackson and Jeremy Penn greet the newly elected Lord Mayor of London Newly elected Lord Mayor of London David Wooton highlighted the £26bn contribution made by maritime businesses to the UK economy during a visit to London’s Baltic Exchange  last Wednesday. The visit underlines the diverse...
November 20th, 2011 | People and Places | Read More

Thames Investment Drives Jobs and Growth

Thames Investment Drives Jobs and Growth
The Port of London Authority (PLA) says that the tidal River Thames is attracting investment of almost £2.5 billion in new passenger piers, cargo handling terminals and vessels. The PLA revealed the figure at the recently held parliamentary reception hosted by Gravesham MP, Adam Holloway.  The 95 miles...
November 18th, 2011 | News, Ports & Terminals | Read More

WTM2011 Experiences 5% Increase in Visitors

WTM2011 Experiences 5% Increase in Visitors
World TravelMarket 2011, the leading global event for the travel industry, experienced animpressive 5% increase in visitors compared to the previous event. More than 28, 000visitors (28, 183) attended WTM 2011 compared to 26, 908 that attended WTM 2010, reveals unaudited figures. The 2011 risecements...
November 18th, 2011 | News | Read More

ABS Chief Executive Warns on Class Move into Ship Design

ABS Chief Executive Warns on Class Move into Ship Design
Development of in-house ‘green ship’ designs by class societies risks creating conflict of interest with their core safety role.- (Houston, TX—) ABS President and Chief Executive Officer Christopher J. Wiernicki has warned that a move into ship design by some class societies creates a fundamental...
November 18th, 2011 | Classification Societies, News | Read More

Potentials identified for foreign companies in China’s fast growing LNG sector

Potentials identified for foreign companies in China’s fast growing LNG sector
The rapidly growing LNG industry in China is expected to draw on wide support from foreign companies in order to meet the demand for technologies and competencies needed to realise ambitious targets. This is one of the findings of a study exploring the opportunities and challenges for Norwegian companies...
November 18th, 2011 | News | Read More

World’s largest heavylift vessel to be classed by DNV

World’s largest heavylift vessel to be classed by DNV
Rotterdam: Dockwise’s new heavy lift vessel, the Dockwise Vanguard, will be able to lift and transport units of up to 110, 000 tonnes. The maximum capacity of an existing vessel is 75, 000 tonnes. With its width of nearly 80 metres and length of 275 metres, this is the first semisubmersible heavy lift...
November 18th, 2011 | Classification Societies, News | Read More

Vattenfall’s UK Country Manager and Director for East Anglia Offshore Wind Joint on world’s largest offshore wind farm

Vattenfall’s UK Country Manager and Director for East Anglia Offshore Wind Joint on world’s largest offshore wind farm
The offshore wind industry is on the threshold of major expansion. Since 2003, more than 500 offshore wind turbines have been installed- 35 per cent of them in 2010 alone. The investments going into the industry are rather impressive: the European Wind Energy Association calculates banks invested over...
November 18th, 2011 | Conferences, Seminars, Forums | Read More

Caterpillar Launches Cat® C175-16 Marine Propulsion Engine

Caterpillar Launches Cat® C175-16 Marine Propulsion Engine
Cat C175 Designed to Drive More Profitable Vessel designs Caterpillar today introduced the Cat® C175-16 marine propulsion engine at a size, power and rpm that will drive new, more profitable vessel designs for all segments of the marine industry. The latest in a line of high performance engines designed...
November 18th, 2011 | News | Read More

Action needed to combat shipping fraud – and to ensure independence of the judiciary

Action needed to combat shipping fraud – and to ensure independence of the judiciary
James Brewer International Maritime Fraud: London Shipping Law Centre event By James Brewer Fraud and corruption are blighting many aspects of the maritime world, from the mundane operation of vessels right through to the highest levels of commercial justice, the most recent seminar organised by...
November 17th, 2011 | Legal, Marine Insurance, Maritime Fraud, News, Piracy and Terrorism | Read More

Port Authority celebrates 80th birthday of the Bayonne Bridge

Port Authority celebrates 80th birthday of the Bayonne Bridge
Crossing is the Gateway to Region’s Port Facilities, the Largest on the East Coast, and Generator of Hundreds of Thousands of Jobs and Billions in Economic Activity Arching gracefully over the industrial Kill Van Kull waterway, the steel triangular-truss Bayonne Bridge celebrated its 80th birthday...
November 17th, 2011 | News | Read More

Hamworthy lands offshore inertgas contract at Hyundai

Hamworthy lands offshore inertgas contract at Hyundai
 Hamworthy has won a contract from South Korea’s Hyundai Heavy Industries to supply its inert gas generator (IGG) package for the QUAD 204 FPSO project. The BP-operated FPSO is to be deployed some 110 miles to the west of the Shetland Isles in the North Atlantic as a replacement for the Schiehallion...
November 17th, 2011 | News | Read More

Cruise Specialist Wins Pride of Travel Award for Exceptional Commercial Performance and Dedication to Customer Service

Cruise Specialist Wins Pride of Travel Award for Exceptional Commercial Performance and Dedication to Customer Service
Michaela Juarez, Hillary Devey and Jo Rigby Pride of Travel Award winner Joanna Rigby has described carrying off the prize as one of the two best moments in her travel career. The Thomas Cook home-based consultant was presented with the award, in association with TTG and the Travel Channel, today...
November 17th, 2011 | News | Read More

The 2011 World Travel Market

The 2011 World Travel Market
 The World Travel Market 2011 exhibition was held once again at London’s ExCel Centre from 7 to 10 November 2011. Lilian Evgenidis was there to cover this premier event in the British capital. Countries from all over the globe gathered in order to promote their tourism industry and services. Each...
November 17th, 2011 | Exhibitions | Read More

Moody’s reassesses the landesbank sector

Moody’s reassesses the landesbank sector
 Hamburg/Kiel, 16 November 2011 – The rating agency Moody’s has reviewed the method it uses to evaluate the long-term rating of landesbanks. In doing so it has limited the positive influence of the federal state owners on landesbanks’ ratings. Hitherto it was possible to upgrade these banks’...
November 16th, 2011 | News | Read More

We must protect crews from the horrors of Piracy says Intermanager President

We must protect crews from the horrors of Piracy says Intermanager President
Alastair Evitt The “horrors” of piracy have dominated the first year of Meridian Marine Management Managing Director Alastair Evitt’s first year in his role as President of InterManager, the international trade association for the shipmanagement industry. Summing up his first year representing...
November 15th, 2011 | News | Read More

DVB Group: Sound operating performance during the first nine months of 2011 – strong increase in net interest income

DVB Group: Sound operating performance during the first nine months of 2011 – strong increase in net interest income
DVB continued to enjoy success in its core international transport finance business during the third quarter of 2011, leading to a solid 21.2% increase in net interest income after allowance for credit losses, to €162.1 million. At €106.4 million, consolidated net income before taxes decreased by...
November 15th, 2011 | News | Read More

Jörg Arndt leaving HSH Nordbank on the best of terms

Jörg Arndt leaving HSH Nordbank on the best of terms
After 29 years of service to the Bank, Jörg Arndt, Head of the Group Treasury Business Unit, has asked the Management Board to release him from his contract so that he can apply himself to new professional work. The Management Board has granted his request and Mr. Arndt will leave the Bank tomorrow  15...
November 14th, 2011 | News, People and Places, Ship Finance | Read More

Lloyd’s Register and Chandris (Hellas) Inc. join forces in the first holistic Fleet Ship Energy Management Programme

Lloyd’s Register and Chandris (Hellas) Inc. join forces in the first holistic Fleet Ship Energy Management Programme
Well established ship manager Chandris (Hellas) has chosen Lloyd’s Register to provide a wide range of ship energy efficiency services. Chandris’ aim is to enhance its in-house capacity to identify appropriate key performance indicators and application of suitable energy efficiency measures. The...
November 14th, 2011 | IT and Communications, News, Shipmanagement | Read More

New CFO for the Rickmers Group

New CFO for the Rickmers Group
Dr. Ignace Van Meenen (pictured on the left) has taken up the position of Chief Financial Officer (CFO) of the Rickmers Group effective 1 October 2011. In this function, Dr Van Meenen will press ahead with the realignment of the group of companies to enable it to respond faster and more flexibly to the...
November 14th, 2011 | News, People and Places | Read More

Hamworthy wins world’s first newbuild FSRU regas orders

Hamworthy wins world’s first newbuild FSRU regas orders
Hamworthy has secured a contract for the supply of regasification technology on board what are understood to be the world’s first newbuild Floating Storage and Regasification Units (FSRUs). Two 170, 000m3 storage capacity vessels, owned by Hoegh LNG, are being built at the world’s largest shipbuilder,...
November 12th, 2011 | Marine Equipment Products and Services, News | Read More

OpCost 2011 seminar

OpCost 2011 seminar
Ship operating costs seminar: Current and future trends – OpCost 2011, the Moore Stephens Shipping Group’s unique benchmarking report shows operating costs on the increase, reversing the trend of the previous year when they had fallen for the first time in eight years. Oversupply of vessels,...
November 11th, 2011 | Conferences, Seminars, Forums | Read More