INTELLECTUAL CAPITAL FOR EXECUTIVES
MarEx e-Newsletter | Contact us
Current Edition >>

>> If you have not received the current edition, and would like a subscription please Click Here to subscribe now.

Previous Edition >>

>> If you have not received the current edition, and would like a subscription please Click Here to subscribe now.

>Domestic
>international
>Op-Ed
Thursday, July 3rd, 2008
Add to Google PressReleases     Articles  

Marex Corporate News and Press Releases


A MORE VERSATILE SIDE SCAN SONAR

A MORE VERSATILE SIDE SCAN SONAR

Thursday, July 3rd, 2008

Side scan sonar is one of the most widely used and effective tools for underwater search operations. Its claim-to-fame is the ability to produce detailed pictures of underwater objects regardless of water clarity. Even in zero visibility the sonar produces high resolution images of everything on the bottom. Side scan has been extremely useful in helping to locate and identify a variety of targets from drowning victims to submerged vehicles and sunken vessels. Today many law enforcement agencies, rescue squads, and emergency management groups are seeking homeland defense grants to purchase this equipment. The limitation of the side scan is ...


Click Here To Read More

Northrop Grumman Introduces New Desktop Marine Radar

Northrop Grumman Introduces New Desktop Marine Radar

Thursday, July 3rd, 2008

CHARLOTTESVILLE, Va. – July 3, 2008 – Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has recently unveiled a new integrated desktop marine radar designed to meet the latest International Electrotechnical Commission (IEC) performance standards. The new Sperry Marine VisionMaster FT™ 250 is designed to comply with the IEC 62388 CAT 2 technical requirements and meets the International Maritime Organization (IMO) carriage requirements for vessels of 5,000 to 10,000 gross tonnage. Sperry Marine plans to offer the product in radar-only and chart-radar configurations. An enhanced version will incorporate all of the CAT 1 functionality for automatic tracking and plotting ...


Click Here To Read More

Veson Nautical Hires Maritime Finance Professional; Augments Development and Customer Support Staff

Veson Nautical Hires Maritime Finance Professional; Augments Development and Customer Support Staff

Thursday, July 3rd, 2008

BOSTON, MA– (June 30, 2008) –Veson Nautical, the U.S.-based maritime software developer that delivers outstanding chartering, operations and accounting solutions for cargo transportation, today announced five new staff members have joined the Boston and Singapore offices. Veson has significantly expanded its pre- and post-installation team as well as its Summer Internship Program, recently hiring a previous intern as a full time employee. John Veson, president of Veson Nautical remarked, “As we continue to grow, we have made some strategic hires to ensure the satisfaction of our customers. We have added a director of client services who will work closely with ...


Click Here To Read More

BALTIC EXCHANGE AND Q88 LAUNCH NEW VESSEL QUESTIONNAIRE WEB SERVICE

BALTIC EXCHANGE AND Q88 LAUNCH NEW VESSEL QUESTIONNAIRE WEB SERVICE

Thursday, July 3rd, 2008

London and Norwalk, July 2, 2008 The Baltic Exchange and http://Q88.com LLC. ("Q88") announced today the launch of http://www.baltic99.com , a new website for the dry bulk shipping industry. In conjunction with the launch, the Baltic Exchange has revised Baltic99 its standard dry cargo questionnaire for owners and charterers. A new version is available for download from http://www.baltic99.com. The use of http://www.baltic99.com will significantly improve accuracy and efficiency when dry bulk shipowners complete and distribute vessel questionnaires to charterers and port terminals. This website allows for automatic completion by linking 90 of ...


Click Here To Read More

Seismic Acquisition by Sailing in Circles

Seismic Acquisition by Sailing in Circles

Thursday, July 3rd, 2008

From the EAGE/SPE Rome 2008 Conference Wide azimuth, or WAZ, seismic surveys provide better illumination than traditional marine surveys in complex geologic areas by essentially "shining the light" on the formations from many directions. The "light" comprises seismic signals over a wide range of azimuths, or angles of incidence on the subsurface reflectors. WAZ surveys typically use multiple source and streamer vessels to obtain this advantage. Nick Moldoveanu, geophysical advisor at Schlumberger, described a new acquisition technique at the recent meeting of the European Association of Geoscientists and Engineers (EAGE) in Rome. "The WAZ geometry is parallel," he told the ...


Click Here To Read More

KVH Begins Rollout of Global Ku-band mini-VSAT Broadband Satellite Communications Network

KVH Begins Rollout of Global Ku-band mini-VSAT Broadband Satellite Communications Network

Thursday, July 3rd, 2008

MIDDLETOWN, RI – In a move to offer faster, more affordable broadband connections to a growing market of leisure, commercial, and government vessels worldwide, KVH Industries, Inc., (Nasdaq: KVHI) today announced a new agreement with ViaSat, Inc., (Nasdaq: VSAT) to begin the global rollout of the popular mini-VSAT Broadbandsm satellite communications service. Together with the compact 24-inch (60 cm) KVH TracPhone® V7 antenna, the mini-VSAT Broadband service is already offering regional Voice over IP telephone service and Internet access as fast as 512 Kbps (upload) and 2 Mbps (download) at fixed monthly rates to mariners throughout North America, the Caribbean, ...


Click Here To Read More

Hapag-Lloyd and Coast Guard to Receive Port Ministry Awards

Hapag-Lloyd and Coast Guard to Receive Port Ministry Awards

Thursday, July 3rd, 2008

The North American Maritime Ministry Association (NAMMA) has announced that Hapag-Lloyd and the United States Coast Guard are the recipients of this year's maritime ministry awards. The awards are given to a corporation and an individual or organization who demonstrate a commitment to benefit seafarers. They will be presented October 23, 2008 in New York at this year's World Maritime Day Observance. NAMMA is an alliance of over 150 nonprofit, faith-based agencies that assist seafarers in the U.S., Canada, Mexico and the Caribbean. Founded in 1932, it sets standards for pastoral care of seafarers coping with spiritual, physical and legal ...


Click Here To Read More

The Bominflot Group is pleased to announce that Mr. Rudy Stoett has just joined Bominflot

The Bominflot Group is pleased to announce that Mr. Rudy Stoett has just joined Bominflot

Thursday, July 3rd, 2008

The Bominflot Group is pleased to announce that Mr. Rudy Stoett has just joined Bominflot Bunker Oil Corp., based in Houston, Texas, with effect from 1st July 2008 in the role of Senior Trader. He will be responsible for fuel oil trading, risk management, operations and sales oversight, and business development for Bominflot’s U.S. Gulf Coast operations. Prior to joining Bominflot, Rudy was employed for 8 years as a fuel oil trader for Chevron/FAMM. Before that he worked 1 year for Ocean Connect, and prior to that 8 years as a broker and trader for Banque Paribas. His contact details ...


Click Here To Read More

AXYS Technologies Inc. (AXYS) chosen to provide buoy platform to Mexico's CICESE

AXYS Technologies Inc. (AXYS) chosen to provide buoy platform to Mexico's CICESE

Thursday, July 3rd, 2008

Sidney, BC, Canada, June 26, 2008 Following a comprehensive review of the world's leading met-ocean buoy suppliers, Mexico's CICESE (Centro de Investigacion Cientifica y de Educacion Superior de Ensenada) has chosen AXYS for the supply of a 3 Metre data collection buoy. The 3 Metre buoy will monitor critical meteorological and oceanographic parameters for an oil rig application in 3000 metres of water in the Gulf of Mexico. The resulting data will be sent to CICESE via Iridium satellite telemetry. AXYS' WatchMan500™ Data Acquisition System (DAS) forms the 'smarts' inside the buoy, allowing system operators to remotely monitor and control ...


Click Here To Read More

Konecranes Introduces the AGD Grab Unloader for Performance and Reliability

Konecranes Introduces the AGD Grab Unloader for Performance and Reliability

Thursday, July 3rd, 2008

SPRINGFIELD, OH (June 30, 2008)—Konecranes, a global leader in the manufacturing of overhead lifting equipment introduces the AGD Grab Unloader. This product is the answer to the performance and reliability demands of modern bulk terminals. The AGD Grab Unloader can lift from 16 to 65 tons (with special design up to 100 tons). It has an unloading capacity of up to 3000 tph. The outreach capacity is 30 to 50 meters and the backreach capacity is up to 40 meters. The hoist moves at a rate of 180 m/min and the gantry travels at up to 30 m/min. The closing ...


Click Here To Read More

BROADPOINT COMMUNICATIONS ANNOUNCES CONTRACT WITH SEACOR MARINE FOR NEW STATE-OF-THE-ART CREW VESSEL

BROADPOINT COMMUNICATIONS ANNOUNCES CONTRACT WITH SEACOR MARINE FOR NEW STATE-OF-THE-ART CREW VESSEL

Thursday, July 3rd, 2008

HOUSTON (July 1, 2008) – Broadpoint, a US-based telecommunications and network solutions company, has been awarded an additional contract from SEACOR Marine, a leading provider of support services to oil and gas operators. The contract covers connectivity services for five new vessels, including the M/V SEACOR Cheetah – the first of SEACOR’s landmark new crew transport vessels to be put into service. While Broadpoint has provided communications services to SEACOR Marine vessels in the Gulf of Mexico for more than 13 years, today’s announcement marks the first international partnership between the two companies as the SEACOR Cheetah heads to the ...


Click Here To Read More

Crowley's Neah Bay Emergency Response Tug Starts Year-Round Rescue Service Today

Crowley's Neah Bay Emergency Response Tug  Starts Year-Round Rescue Service Today

Thursday, July 3rd, 2008

(NEAH BAY, Wash.; July 1, 2008) A Crowley emergency response tug began its first day of year-round service today in Neah Bay, Wash. The emergency response tug will provide assistance to disabled ships and protect the coastline in an unprecedented tour in Washington - providing 365 continuous days of service in an effort to help prevent oil spills in the Strait of Juan de Fuca and along Washington's pristine coastlines. The contract extension agreement between the Washington Department of Ecology and Crowley Maritime Corporation marks the first time that a response tug will be stationed at Neah Bay for a ...


Click Here To Read More

VT HALTER MARINE ORDERS MARKEY GENERAL PURPOSE WINCH FOR NOAA COASTAL MAPPING VESSEL FERDINAND R. HASSLER

VT HALTER MARINE ORDERS MARKEY GENERAL PURPOSE WINCH FOR NOAA COASTAL MAPPING VESSEL FERDINAND R. HASSLER

Thursday, July 3rd, 2008

The Markey Machinery Company, Inc. is pleased to receive an order to supply VT Halter Marine, Inc. with one General Purpose Winch. When delivered in 2009, Halter plans to install the DEPC-7 on National Oceanic and Atmospheric Administration (NOAA) coastal mapping vessel R/V Ferdinand R. Hassler, currently under construction. The Markey type DEPC-7 winch is custom designed by Markey engineers to meet NOAA’s statement of requirements. NOAA’s requirements include independent certification of the winch’s design by the American Bureau of Shipping (ABS). NOAA’s R/V Ferdinand R. Hassler- a 124-foot small waterplane area twin hulled (SWATH-type) craft, is named after a ...


Click Here To Read More

MANUEL ALMIRA NAMED EXECUTIVE DIRECTOR OF PORT OF PALM BEACH

MANUEL ALMIRA NAMED EXECUTIVE DIRECTOR OF PORT OF PALM BEACH

Thursday, July 3rd, 2008

June 30, 2008 RIVIERA BEACH, Fla. – Manuel (Manny) Almira has been appointed Executive Director of the Port of Palm Beach, succeeding Lori A. Baer, who resigned this past March. The Port of Palm Beach District Board of Commissioners appointed Almira, a 25-year veteran of the maritime industry, to the Executive Director position on June 24; he formally accepted the position and its three-year contract this morning. Almira’s extensive maritime industry knowledge combined with in-depth South Florida market experience made him a stand out amongst the five finalists. He will assume the Executive Director position effective July 14, 2008. “The ...


Click Here To Read More

Port of Baltimore Documentary Wins Industry Award of Excellence

Port of Baltimore Documentary Wins Industry Award of Excellence

Thursday, July 3rd, 2008

"The Great Port of Baltimore: The First 300 Years," a 30-minute video documentary produced by the Port of Baltimore Tricentennial Committee and Adventure Productions, has won the highest honors in the 28th Annual Telly Awards competition, which received over 14,000 entries from all 50 states and five continents. "The Telly Awards are right up there with the Emmys in our industry," said George Stover, president of Baltimore-based Adventure Productions. The Telly Awards honor the best local, regional and cable television commercials and programs, in addition to video and film productions and work created for the Internet. The Port of Baltimore ...


Click Here To Read More

Thuraya Signs Ten Agreements for Maritime Distribution

Thuraya Signs Ten Agreements  for Maritime Distribution

Thursday, July 3rd, 2008

Abu Dhabi, 24th June 2008------: Demand for Thuraya’s recently launched ThurayaMarine solution has been overwhelming that the Company has signed up ten distribution agreements for this competitive product. This momentum is an indication for the need for an affordable, reliable maritime communication solution that caters to the needs of the regional maritime industry. ThurayaMarine is a cost effective and user friendly telecom solution purposely designed for small and medium sized sea vessels. With a compact-size terminal, the service supports voice, data, fax, GPS and GmPRS. The omni-directional antenna that comes with the terminal ensures a quality, uninterrupted service at sea. ...


Click Here To Read More

Greenship has received orders for Ballast Water Management Systems and Sediment Reduction Systems.

Greenship has received orders for Ballast Water Management Systems and Sediment Reduction Systems.

Thursday, July 3rd, 2008

Greenship BV has signed a contract with Schelde Naval Shipbuilding for the delivery and supply of SEDINOX® Ballast Water Management Systems on board 4 navy patrol vessels for the Royal Dutch Navy. Greenship again achieved an order for delivery of Sediment Reduction Systems (SEDIMENTOR®) for two vessels owned by Chemgas Shipping the Netherlands. Chemgas is very satisfied about the results of their first Sediment Reduction Systems that are already in operation. The SEDIMENTOR® is the first step in the Greenship’s ballast water management system. Chemgas wants their new building vessels be prepared for the pending IMO regulations. Website:
Click Here To Read More


SpecTec Newsletter now available through MarEx

SpecTec Newsletter now available through MarEx

Thursday, July 3rd, 2008

We are pleased to now offer a direct link to the SpecTec weekly newsletter. You can reach it by clicking on this link http://www.spectec.net/downloads/newsletters/NEWS_jun.pdf SpecTec Group is a company specialised in the offering of software and services in the field of Asset Management. Contact: Deanne Aline Litman Communications Officer SpecTec Group Head Office (Italy) ph 0039 0187 5666 (13) fax 0039 0187 284838 e-mail:deanne.litman@spectec.net skype: deanne.litman.spectec


Click Here To Read More

London Club launches enhanced charterers cover

London Club launches enhanced charterers cover

Thursday, July 3rd, 2008

June 30, 2008 THE London P&I Club has recently launched an enhanced charterers liability insurance facility following detailed analysis and consultation with a number of members, operators and brokers. Bilbrough underwriter Nigel Martin, says, “A strength of the club’s new combined single-limit cover is that it reflects a great deal of feedback from members and others involved in chartering and trading about their practical insurance needs. This has emphasised that the protection provided by standard P&I - along with cover for liability to hull - remains extremely important, but that charterers also face a range of increasingly varied risks, requiring ...


Click Here To Read More

PORTS AMERICA GROUP ANNOUNCES CORPORATE PROMOTIONS

PORTS AMERICA GROUP ANNOUNCES CORPORATE PROMOTIONS

Thursday, July 3rd, 2008

Ports America Group has announced the promotions of Douglas A. Tilden from chief executive officer to chairman and Stephen Edwards from president to chief executive officer and president. Earlier this year, Tilden was promoted to CEO of Ports America from his previous position as president and CEO of Marine Terminals Corp. / MTC Holdings. He began his career in the shipping industry in 1969, working for United States Lines for 18 years before joining Marine Terminals Corp. in 1987. This new role will allow Tilden to focus on enhancing value to customers and to work on corporate-wide strategic initiatives. “As ...


Click Here To Read More

Alfa Laval’s PureBallast receives full Ballast Water Type Approval

Alfa Laval’s PureBallast receives full Ballast Water Type Approval

Thursday, July 3rd, 2008

27 June 2008 PureBallast, Alfa Laval’s unique and chemical-free system for ballast water treatment, has now received full Ballast Water Type Approval from DNV on behalf of Norwegian authorities. The certification, which was issued on June 27th, confirms that PureBallast complies in full with pending ballast water treatment legislation from the International Maritime Organization (IMO). Alfa Laval’s PureBallast system, which has been purchased for installation aboard more then 25 vessels since its launch in 2006, has rapidly established itself as the commercial leader in ballast water treatment. Now, having received full Ballast Water Type Approval on June 27th, it is ...


Click Here To Read More