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Wednesday, August 27th, 2008
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Marex Corporate News and Press Releases


Crowley recognized as a "Best of the Best" Ocean Carrier and Third-Party Logistics Provider in Logistics Management's Quest for Quality Reader Survey

 Crowley recognized as a

Thursday, August 21st, 2008

(Jacksonville, Fla.; August 15, 2008) Crowley Maritime Corporation's liner services and logistics units have been named among the "Best of the Best" in Logistics Management magazine's 25th Annual Quest for Quality Awards. The results were published in the August edition of the magazine. Crowley was ranked second overall among ocean carriers. Additionally, the company made the list of top 3PLs for the first time in their logistics unit's 10-year history. The results are part of an extensive survey involving responses from over 6,000 magazine readers who have responsibility for buying transportation and third party services. In order to be named ...


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FIRST CONTRACT FOR SUBSEA 7'S NEW GULF OF MEXICO SPOOLBASE

FIRST CONTRACT FOR SUBSEA 7'S NEW GULF OF MEXICO SPOOLBASE

Thursday, August 21st, 2008

Subsea 7 Inc (OSE Symbol: SUB), one of the world’s leading subsea engineering and construction companies, has won the first contract for its new fabrication and spoolbase facility at Port Isabel, Texas. The subsea pipelay fabrication and installation contract has been awarded by Marathon Oil Corporation and is valued at over US$ 45 million. The supply agreement is part of Marathon’s previously disclosed procurement activities related to long lead time items associated with the Company’s Droshky discovery in the Gulf of Mexico. Marathon anticipates sanctioning the Droshky development in the fourth quarter of this year. The contract has been awarded ...


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AUSTAL USA NAMES JOHN BELL DIRECTOR OF LEGAL AFFAIRS

AUSTAL USA NAMES JOHN BELL DIRECTOR OF LEGAL AFFAIRS

Thursday, August 21st, 2008

Austal USA would like to introduce John Bell as the Director of Legal Affairs for Austal’s Mobile, Alabama shipyard. Mr. Bell comes to Austal from the law firm of Nix, Holtsford, Gilliland, Higgins and Hitson, P.C. where he worked as an attorney in their litigation department. With a Law degree from the University of Alabama and an MBA from Spring Hill College, Mr. Bell also has over 12 years of experience in the shipbuilding industry. Upon graduation from the U.S. Merchant Marine Academy, he worked as a design engineer for Bender Shipbuilding and Repair Co. in Mobile, Alabama, and in ...


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John Deere announces plan to enhance parts service capabilities

John Deere announces plan to enhance parts service capabilities

Thursday, August 21st, 2008

MOLINE, Illinois (August 15, 2008) – Deere & Company will enhance its parts service capabilities in the U.S. and Canada by investing in capacity expansions at Deere’s primary parts distribution center in Milan, IL and three additional locations in the western U.S. and Canada. "This strategic investment will further enhance John Deere’s leadership position,” said Gail Leese, vice president of Worldwide Parts Services. “The initiative will support dealers and customers by locating service parts inventory closer to customers and dealers to enhance availability and speed of delivery.” The Parts Distribution Center in Milan, IL will be expanded over 300,000 square ...


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Northrop Grumman to Supply Inertial Navigation Systems For New Spanish Navy Maritime Action Ships

Northrop Grumman to Supply Inertial Navigation Systems For New Spanish Navy Maritime Action Ships

Thursday, August 21st, 2008

CHARLOTTESVILLE, Va. – August 18, 2008 – Northrop Grumman Corporation (NYSE: NOC) has won a contract to supply high-accuracy inertial navigation systems (INS) for four new Buques de Acción Marítima (Maritime Action Ships) being built for the Spanish navy at the Navantia shipyard in Ferrol, northwest Spain. The contract, valued at more than $1.5 million, was awarded by Navantia to Northrop Grumman’s Sperry Marine business unit. Installation, commissioning and trials will be overseen by Aeromarine, Sperry Marine’s sales and service representative in Spain. Each of the ships will be fitted with one MK 39 Mod 3A ring laser gyro (RLG) ...


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Kongsberg Maritime has taken the next step to a seamless projector display for marine simulation

Kongsberg Maritime has taken the next step to a seamless projector display for marine simulation

Thursday, August 21st, 2008

Kongsberg Maritime has integrated a unique Image Calibration Tool with its SeaView R5 visual system, which provides the highly realistic scenes created and animated by the Polaris navigation simulators. The cutting-edge new tool utilises sophisticated software techniques and algorithms to greatly enhance the quality of the image displayed by the projectors in the simulator. SeaView R5, with the new Image Calibration Tool enables the simulation projectors to provide a near seamless display. The result is a more realistic scenario for the simulator users, which in turn translates to more effective training. The tool is capable of calibrating the picture displayed ...


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Thuraya Releases New Portable Broadband Terminal with Video Streaming Capability

Thuraya Releases New Portable Broadband Terminal with Video Streaming Capability

Thursday, August 21st, 2008

Abu Dhabi, 16th July 2008------: A new A-5 sized 444 kbps broadband terminal with advanced video streaming capability is the new competitive product launched by Thuraya, world leading mobile satellite operator, this week, as part of its ongoing products innovation strategy. The new terminal, among the smallest in the satellite broadband category, is considered to be the most efficient for its size in terms of speed offering and video streaming capability. The ThurayaIP service is offered in various monthly fee packages with limited and unlimited usages, depending on customer differing needs. According to market commentators, the compact size, high-speed unlimited ...


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Keppel FELS delivers jackup rig to Maersk Contractors ahead of schedule

Keppel FELS delivers jackup rig to Maersk Contractors ahead of schedule

Thursday, August 21st, 2008

Keppel FELS Limited (Keppel FELS) has delivered a jackup drilling rig to Maersk Contractors three days ahead of schedule. This rig was named Maersk Resolute by Ms Anette Bjerge, wife of Mr Soren Gath Hansen, Executive Vice President of Dong Energy at a ceremony in Keppel FELS today. Maersk Resolute is the second in a series of four high efficiency jackups being built by Keppel FELS for Maersk Contractors. The rig has been contracted to Dong Energy for operations in the Danish part of the North Sea for three years. Mr Claus V. Hemmingsen, CEO of Maersk Contractors, said, “The ...


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Wärtsilä inaugurates new plant extension in Khopoli, India

Wärtsilä inaugurates new plant extension in Khopoli, India

Thursday, August 21st, 2008

Wärtsilä is poised for growth in India - expands existing unit into a state-of-the-art facility to meet global demands Wärtsilä has taken yet another big leap towards growth in India by inaugurating a new extension to its plant in Khopoli, Maharashtra. The plant manufactures auxiliary units and modules for engine driven power stations. The new extension will primarily cater to the requirement of Wärtsilä Group to supply auxiliaries all over the world. The focus will be on Wärtsilä 20, Wärtsilä 32 and Wärtsilä 34 engine installations. In the last few years, Wärtsilä has invested approximately EUR 8 million in its ...


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SeaArk Delivers 21’ Commander Patrol/Rescue Boat toTown of Hempstead Bay Constables

SeaArk Delivers 21’ Commander Patrol/Rescue Boat toTown of Hempstead Bay Constables

Thursday, August 21st, 2008

Monticello, AR . . . SeaArk Marine, Inc. recently delivered “Marine 7”, a 21-foot Commander center console patrol/rescue boat to the Town of Hempstead Bay Constables in Point Lookout, NY. This boat is responsible for patrol, rescue, law enforcement and fisheries/conservation enforcement on the South Shore of Long Island in the waters within the Town of Hempstead, Jones Inlet and the Atlantic Ocean. The SeaArk 21-foot Commander is based on a widely proven hull designed by C. Raymond Hunt & Associates, New Bedford, MA, and is constructed of all-welded marine-grade aluminum. The vessel features a deep-vee variable deadrise hull that ...


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SpecTec and Stratos in AmosMail agreement

SpecTec and Stratos in AmosMail agreement

Thursday, August 21st, 2008

SpecTec and Stratos have reached an agreement for SpecTec to become the sole owner of AmosMail, the powerful and successful satellite e-mail system which is used on thousands of ships and oil rigs worldwide. With the agreement, SpecTec has the right to sell, use, develop and modify Amos Mail, and has the total ownership of the name and its trademark. Stratos retains all rights relevant to AmosConnect. SpecTec will look immediately at the existing features of AmosMail 7.4, the currently sold version, and compare it with the list of Enhancement Requests given by existing customers. SpecTec's intention is to release ...


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OceanWorks Delivers Design-Build Project for Pangeo Subsea

OceanWorks Delivers Design-Build Project for Pangeo Subsea

Thursday, August 21st, 2008

North Vancouver, British Columbia – OceanWorks has delivered a high accuracy mechanical positioning system to PanGeo Subsea Inc. This system is deployed to the seabed, and with PanGeo’s acoustic imaging technology can detect and locate buried pipelines or geohazards such as large boulders. The system can be transported, launched, and recovered in a folded configuration. Using a small hydraulic power unit the arms and legs are extended as it nears the seabed. They system can be deployed in up to 600 meters of water from a typical oilfield support vessel. Once deployed it has a survey area of 12m in ...


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SUBSTANTIAL EXPANSION FOR EUROPORT ISTANBUL 2009

SUBSTANTIAL EXPANSION FOR EUROPORT ISTANBUL 2009

Thursday, August 21st, 2008

Rotterdam, 15 August 2008 There is such massive interest in participating in Europort Istanbul 2009 that an extra hall has to be added to the exhibition area. It is the 10th time that the maritime exhibition has been held and it has proved itself to be the business platform for the ship building industry in Turkey. Around 530 national and international brands are represented at Europort Istanbul 2009, giving both shipyards and suppliers an opportunity to present themselves. Thanks to this wide ranging and complex exhibition programme, the trade show takes a unique and dominant position on the international show ...


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Steve Levine joins Globe Wireless

Steve Levine joins Globe Wireless

Thursday, August 21st, 2008

Palm Bay, Florida, USA (13th August 2008): Globe Wireless is proud to announce that Mr. Steve Levine has joined as Director of Sales, North America. As his first task, Steve will assist Globe Wireless with the opening of its 15th international sales and support office in Fort Lauderdale, Florida. Steve commented, “Southern Florida is a key location for any company providing service to yachts and coastal US trade fleets. I am excited to work for a truly independent company that offers consultative service and end-to-end solutions, focused on maritime customers. I look forward to helping Globe expand into new markets ...


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HORIZON LINES COMPLETES MARINE FIRE EXERCISE IN GUAM

HORIZON LINES COMPLETES MARINE FIRE EXERCISE IN GUAM

Thursday, August 21st, 2008

Fire-Fighting Training Conducted to Familiarize First Responders with New Horizon Vessels CHARLOTTE, N.C. (August 14, 2008) - Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has completed a containership fire-fighting exercise in Guam in cooperation with the Guam Fire Department, the U.S. Coast Guard, the Port Authority of Guam and the Port Police Department. The training exercise was the culmination of a five-week vessel familiarization program conducted on Horizon's new Hunter Class vessels, which entered service in Guam last year. The five new Hunter Class vessels each have a capacity of 2,824 TEUs (twenty-foot ...


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SUNKEN RUSSIAN SUB RAISED

SUNKEN RUSSIAN SUB RAISED

Thursday, August 21st, 2008

On Halloween day in 1965 the Russian submarine K-77 was commissioned and assigned to the Soviet Northern Fleet. She was a Juliett class sub manned by 28 officers and 54 crewmen. Despite her small size, 282 feet long and just under 3,200 tons, the US Navy considered her a formidable adversary. The sub was armed with four nuclear cruise missiles and 22 torpedoes. Her stealth came from a tiled rubber exterior and silent running diesel electric motors which propelled her at a submerged speed of 18 knots. She could remain underwater for 800 hours and descend to a safe depth ...


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SUBSEA 7 ANNOUNCES $100M CONTRACT WITH STATOILHYDRO IN NORWAY

SUBSEA 7 ANNOUNCES $100M CONTRACT WITH STATOILHYDRO IN NORWAY

Thursday, August 21st, 2008

Subsea 7 Inc (OSE Symbol: SUB), one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a US$ 100m contract from StatoilHydro for engineering, procurement, construction and installation of the Troll B Gas Injection project in the Norwegian sector of the North Sea. The Troll B Gas Injection project will be developed with two separate subsea satellite wells, located respectively 3.5 km and 6.5 km south of the Troll B platform. The wells will be connected to the Troll B platform by a single gas injection pipeline and a control umbilical. Subsea 7’s ...


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IES promotes Jason Kohler to Vice President of Sales

IES promotes Jason Kohler to Vice President of Sales

Thursday, August 21st, 2008

Midland Park, NJ August 2008-IES announces the promotion of Jason Kohler to Vice President of Sales. The current Vice President of Sales, Mr. William Todd, will be leaving IES to pursue other ventures. IES thanks Bill for years of service and wishes him well in his future endeavors. Jason Kohler’s positive attitude and energy has made 2008 IES’s best sales year ever. This follows a previous sales record for 2007. “Helping the Freight Forwarding and Brokerage community share our vision for the future is my top priority. We have a great product, and I want those in the industry to ...


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Braemar Seascope Limited and Tullett Prebon PLC announce joint arrangement for FFA broking

Braemar Seascope Limited and Tullett Prebon PLC announce joint arrangement for FFA broking

Thursday, August 21st, 2008

Braemar Seascope Limited (“Braemar”) and Tullett Prebon PLC (“Tullett Prebon”) are pleased to announce the formation of TP Braemar, a joint arrangement that will broke forward freight agreements (“FFAs”). The TP Braemar team will be based at Braemar’s offices in London and will employ four FFA brokers to work on the wet FFA market. Operations will commence on 18 August 2008. Denis Petropoulos, joint managing director of Braemar commented: “This is an initial step to building a presence in the rapidly growing FFA market. Tullett Prebon’s wide experience in this and other derivatives markets will be invaluable to achieving this ...


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Danelec Marine reaches sales of more than 2000 S-VDR/VDR systems.

Danelec Marine reaches sales of more than 2000 S-VDR/VDR systems.

Thursday, August 21st, 2008

Danelec Marine is proud to announce that the sale of 2000 S-VDR / VDR systems have been reached during 2nd quarter of 2008. Danelec Marine is recognized as one of the pioneers in the S-VDR / VDR market and is today one of the leaders in this market. The company’s first generation VDR products was developed in 1999-2000 and later sold to a major Japanese manufacturer of marine equipment for the deep-sea market. This led to the development of the second generation S-VDR and VDR products, which is successfully sold and marketed partly through an OEM partnership with Northrop Grumman ...


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Hyde Marine Adds New Global Sales Director, Pekka Tyllilä

Hyde Marine Adds New Global Sales Director, Pekka Tyllilä

Thursday, August 21st, 2008

Cleveland, OH, August 21, 2008 Hyde Marine, Inc., a Lamor Group company, announced the appointment of Pekka Tyllilä as Global Sales Director. Mr. Tyllilä will be responsible for worldwide sales and sales support of Hyde’s fast growing marine ballast water management business including the Hyde Guardian™ BWT system. “With almost twenty years of multi-disciplined marine and mechanical engineering experience in his native Finland, Pekka is a natural leader with highly effective team building and motivational skills.” Hyde Chairman, Tom Mackey, said. “He has extensive experience in sales, sales networking and product development, which will provide Hyde with effective leadership and ...


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KONGSBERG MARITIME AND ZHENJIANG MARINE ELECTRICAL APPLIANCES FORM NEW JOINT VENTURE

KONGSBERG MARITIME AND ZHENJIANG MARINE ELECTRICAL  APPLIANCES FORM NEW JOINT VENTURE

Thursday, August 21st, 2008

New company to focus on electrical control & distribution units to Asian marine industry Kongsberg Maritime has further strengthened its market position in the Asian region by forming a new joint venture with the Chinese company Zhenjiang Marine Electrical Appliances. The new company, Kongsberg Maritime China Zhenjiang Ltd., is focused on the delivery of electrical control & distribution units to the marine industry. Zhenjiang Marine Electrical Appliances has long traditions in the Chinese marine market, specialising in electrical equipment for commercial and naval ships, such as low-voltage switchboards, bridge consoles, multiform control cabinets, dry transformers and battery charger/UPS power devices. ...


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L-3 Klein Associates, Inc. featured in MIT Museum Exhibit

L-3 Klein Associates, Inc. featured in MIT Museum Exhibit

Thursday, August 21st, 2008

SALEM, NEW HAMPSHIRE, August 15, 2008 – L-3 Communications (NYSE: LLL) announced that its Klein Associates, Inc. subsidiary (L-3 Klein) has been featured in the MIT Museum in an exhibit entitled: Klein Side Scan Sonar: A World Leader in Ocean Exploration. The Exhibit chronicles the history of Klein Side Scan Sonar from founder, Marty Klein’s, early years at MIT. It takes us through the beginnings of side scan sonar, how it works and key historic discoveries. It continues through the formation of Klein Associates, Inc. and the development of a commercial product and market up through its current value as ...


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LISCR appoints new General Manager for London

LISCR appoints new General Manager for London

Thursday, August 21st, 2008

THE Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Captain Stuart Williams as general manager of its dedicated office in London, in succession to Giles Heimann. Stuart Williams was previously Operations Manager for UK-based Condor Ferries, for whom he also sailed as a chief officer and worked as a marine and safety superintendent. Prior to that, he served as a first officer for P&O Cruises. He says, “I am delighted to be working for the Liberian Registry, which continues to grow while maintaining its international reputation for safety and quality.” LISCR Chief ...


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Odyssey Marine Exploration Welcomes Peru's Filing In "Black Swan" Case

Odyssey Marine Exploration Welcomes Peru's Filing In

Thursday, August 21st, 2008

Tampa, FL - August 20, 2008 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), the world leader in the field of deep-ocean shipwreck exploration, announced today that the Republic of Peru filed a motion in federal court in one of the company's pending admiralty cases. As anticipated after numerous statements in the media, Peru formally filed a Verified Conditional Claim in the "Black Swan" admiralty case, which was originally filed by Odyssey Marine Exploration. The case is currently pending before the U.S. District Court in Tampa, Florida. "Odyssey's position is to encourage every appropriate claimant to present its potential claims in ...


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PEARL SEAS CRUISES NAMES SHIP

PEARL SEAS CRUISES NAMES SHIP

Thursday, August 21st, 2008

Guilford, CT USA – Pearl Seas Cruises announced last night that the name of its new cruise ship is Pearl Mist, which was launched in March. The 210-passenger cruise ship is undergoing outfitting and is expected to be completed in the first quarter of 2009. It’s seven, ten, eleven and fourteen night itineraries will include travel to the Caribbean, Canadian Maritimes, Eastern Canada, Newfoundland, The Great Lakes and New England. The oversized suites are all out side with private balconies. It will have all the amenities and services offered by modern cruise ships; including spa and fitness facilities, several lounges, ...


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Ports America Appoints New General Counsel, Deborah H. Telman

Ports America Appoints New General Counsel, Deborah H. Telman

Thursday, August 21st, 2008

Ports America Group announced the appointment of Deborah H. Telman to the position of general counsel at the company’s Iselin, N.J., headquarters. Prior to joining Ports America Group, Telman served as chief counsel for mergers and acquisitions at The Boeing Company in Chicago (2002-2008). Telman led Boeing teams in the execution of mergers, acquisitions, divestitures and joint ventures and advised the company on corporate finance and pension management matters. Telman’s additional legal experience included a partnership at Winston & Strawn and working as an attorney at Hopkins & Sutter, both located in Chicago. She acquired financial experience while working at ...


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Sustainable Shipping Forum, Washington D.C. 29-31 October 2008, Mandarin Oriental

Sustainable Shipping Forum, Washington D.C. 29-31 October 2008, Mandarin Oriental

Thursday, August 21st, 2008

Sustainable Shipping Forum, Washington D.C. 29-31 October 2008, Mandarin Oriental Defining the most important issues to face the shipping and bunkering industries for decades, Sustainable Shipping provides a unique platform for debate and discussion. The first opportunity to hear from the world's leading authorities following the IMO's important Marine Environment meeting in October - MEPC 58. What does the future hold for the global bunker and shipping industries as new rules develop? State, federal and international regulations, technological advances, refinery impact, and the financial and political implications of addressing change. Learn how your business can prosper amid the new challenges ...


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ULSTEIN SEA OF SOLUTIONS DESIGNS UNIQUE VESSEL FOR BLACK SEA

ULSTEIN SEA OF SOLUTIONS DESIGNS UNIQUE VESSEL FOR BLACK SEA

Thursday, August 21st, 2008

Vlaardingen – 20 August 2008 Romanian contractor GSP Drilling has signed a contract with Keppel Singmarine for the construction of the DP3 multipurpose vessel ‘GSP Titan’. The new vessel will be unique in the world as it efficiently and economically combines three offshore operating capabilities into one vessel design: pipelay, heavy lift and tender assist drilling operations. The unit has been designed by Dutch design office Ulstein Sea of Solutions and is scheduled for delivery in August 2011. Currently no similar types of vessels in the market are able to perform both construction works and deepwater tender assist drilling operations. ...


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