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PressReleases 
Articles Marex Corporate News and Press Releases
B2B Communications Expert Jacky Cheng Appointed as Managing Director of The Scott Partnership China
Thursday, September 2nd, 2010
The Scott Partnership, a global Business-to-Business PR and marketing communications consultancy based in Cheshire, UK, announces the appointment of B2B communications expert Jacky Cheng as Managing Director of its newly established China office. Jacky will lead the business growth of this operation and will play a strategic role in aiding the global expansion of the agency. Prior to this position, Jacky led the formation and development of EMG China, a B2B specialist. Jacky led the Shanghai office for 6 years. Under his guidance, EMG China built a team of more than 25 employees in China. An experienced B2B communicator, Jacky ...
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Crude Carriers Corp. to Present at Jefferies 7th Global Shipping and Logistics
Thursday, September 2nd, 2010
Crude Carriers Corp. (NYSE: CRU), a tanker company focusing on the maritime transportation of crude oil cargoes, announced today that Mr. Ioannis Lazaridis, the Company’s President, and Mr. Jerry Kalogiratos, the Company’s Chief Financial Officer, will present at Jefferies 7th Global Shipping and Logistics Conference on Wednesday, September 8, 2010, in New York City at 11am EDT. There will also be a simultaneous live webcast over the internet, through the Crude Carriers Corp. website, www.crudecarrierscorp.com, or by going to the following link: http://www.wsw.com/webcast/jeff51/cru/
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Videotel Launches Training Video Aimed at Preventing Accidents in Powered Watertight Doors
Thursday, September 2nd, 2010
Videotel Marine International, the world’s leading producer of maritime training videos, DVDs and computer based training programs, has responded to industry requests to produce a training video on the safe use of powered watertight doors to prevent deaths and maimings. Each year seafarers die or are seriously injured by being crushed within powered watertight doors, often because they have not followed safe working practices. Powered watertight doors are an important design feature fitted to many types of vessels to prevent progressive flooding. Usually made of steel and designed to withstand extreme pressures from flooding water, powered watertight doors close with ...
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Schat-Harding Launches SeaCure Hook and Training Package
Thursday, September 2nd, 2010
Leading lifeboat and davit manufacturer Schat-Harding has introduced a new range of on load release hooks for lifeboats, backed by a training package. The SeaCure hooks are the safest on load release hooks available and are fully compliant with pending revisions to SOLAS. “We have always said that the safety of on load release hooks had three components,” explains David Torres, sales director, Schat-Harding Service. “These are design, maintenance and training. With this new hook we have designed it to be fail-safe and we have designed out a lot of maintenance by making sure there is no wear and tear ...
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Wärtsilä and Tarbit Shipping Sign Contract to Convert Tanker to LNG Operation for Reduced NOX Emissions
Thursday, September 2nd, 2010
Wärtsilä, the marine industry's leading ship power solution provider, has signed a turnkey contract with Tarbit Shipping of Sweden to convert a product tanker to LNG propulsion, and to supply the ship with a Wärtsilä LNGPac system for the safe and convenient storage of LNG onboard. This is the first order for a Wärtsilä LNGPac system. The 25,000 dwt product tanker 'Bit Viking' is operated by Statoil along the Norwegian coastline, and the conversion will enable the vessel to qualify for lower NOX emission taxes under the Norwegian government's NOX fund scheme. "By carrying out this large-scale conversion project, and ...
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MOL Provides Emergency Relief for Flood Victims in Pakistan
Thursday, September 2nd, 2010
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced its determination of ¥2 million in aid as well as providing a MOL containership to transport aid supplies for north-western Pakistan, as an emergency relief for extensive flooding caused by record-breaking rainfall during late July and early August. We extend our condolences to all affected by the flood, and hope the affected regions can be quickly restored to liveable conditions. Aid supplies will be accepted as follows:
- Items covered - Aid supplies from governmental institutions or government-approved aid organizations to be shipped to Pakistan for flood relief
- Loading port - Ports where ...
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Offshore Solutions B.V. Appoints New Managing Director
Thursday, September 2nd, 2010
Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has appointed Lindsay Young as managing director. Mr. Young joins the business from RBG Ltd. (RBG) where he was operations director for its UK business. With more than 25 years experience within contractor companies in the global energy industry, Mr. Young previously held senior operations and business development positions with Aker Kvaerner, KBR and latterly RBG. He joins the business at an exciting time in its evolution and will play a vital part in implementing the strategies, which will be essential to the continued growth and development ...
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Rental Company Orders a Total of Eight Kalmar Reachstackers
Thursday, September 2nd, 2010
Belgium-based equipment rental company Cuypers Vorkliften N.V. has awarded Cargotec an order for six Kalmar DRF450-60S5M reachstackers. The company plans to lease the machines to its customers operating at the Port of Antwerp. The agreement was made in the second quarter of 2010. With more businesses acknowledging the financial benefits of long- and short-term rental contracts, Cuypers Vorkliften ordered two more identical Kalmar reachstackers in the third quarter. Delivery of the first units is also scheduled for this same quarter. As a professional rental firm, Cuypers Vorkliften opted for Kalmar reachstackers because it was the trusted and preferred brand of ...
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Tokyo Gas, MOL Agree Transfer of Shares in LNG Shuttle and Regasification Vessels
Thursday, September 2nd, 2010
Tokyo Gas Co., Ltd. (President: Tsuyoshi Okamoto) and Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced that Tokyo LNG Tanker Co., Ltd. (President: Kazumasa Hidai), a wholly owned subsidiary of Tokyo Gas and MOL executed an agreement under which Tokyo LNG Tanker will receive a minority stake of the shares owned by MOL in the joint-venture companies related to the LNG Shuttle and Regasification Vessels (SRVs) owned jointly by MOL and Höegh LNG. SRVs take on liquefied natural gas (LNG) cargo at loading terminals and upon arrival at its destination, regasify it onboard, and transfer it to shore ...
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MOL Starts Safety Campaign
Thursday, September 2nd, 2010
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced the launch of the semi annual Safety Campaign for all MOL-operated vessels. During the campaign, the company will publicize about the MOL goal of “four zeroes”- zero serious marine incidents, zero oil pollution, zero fatal accidents, and zero cargo damage. The campaign is directed at realizing the company's key objective of becoming the world leader in safe operation, as set out in the new mid-term management plan “GEAR UP! MOL.” A key element of the campaign is a frank exchange of ideas, advice, and opinions between management and seafarers and ...
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Ocean Signal Strengthens its Sales and Marketing Team
Thursday, September 2nd, 2010
In its continuing process of bringing together exceptional marine industry expertise, maritime safety and communication specialist, Ocean Signal, has announced the appointment of Mark Day as its Global Sales and Marketing Manager.
With a BA (Hons) in Maritime Management, Mark has extensive industry experience having worked in senior sales and marketing positions for several leading marine electronics companies. Prior to joining Ocean Signal he was European Sales Manager for McMurdo. Mark was particularly pleased to be joining the new company, commenting, "This is an exciting opportunity for me to be involved with a company from its launch to ...
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Marlink Facilitates a First for Stena Line
Thursday, September 2nd, 2010
Stena Line, one of the world's largest ferry operators, has renewed and upgraded its contract with Marlink, the global provider of maritime satellite communications. As part of the renewed contract, Marlink will provide fully integrated satellite telephony access to 34 vessels and Internet access to 27 vessels. The system will position Stena Line as one of the first ferry operators to offer free WiFi Internet access for passengers. Signing this important milestone contract with Niclas Ingeström, CIO, Stena Line IT services, Tore Morten Olsen, CEO, Marlink commented, "To provide free WiFi Internet access puts Stena in a strong competitive position. ...
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Polarcus Takes Delivery of Polarcus Asima
Thursday, September 2nd, 2010
Polarcus Limited (OAX: PLCS) has announced that Polarcus Asima AS, a member of the Polarcus Group, today took delivery of POLARCUS ASIMA, the third and most sophisticated 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at Drydocks World – Dubai in the United Arab Emirates and is transiting directly to the Black Sea to commence a charter for Rosneft. POLARCUS ASIMA is a purpose-built 12 streamer 3D seismic vessel of the latest ULSTEIN SX134 design and the largest vessel in the Company's fleet with an overall length of 92m and a beam of 21m. ...
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Hutton's Acquires Lars Knutsen & Clode
Thursday, September 2nd, 2010
Hutton’s has announced its acquisition today of ship supply company Lars Knutsen & Clode in a move which further enhances Hutton’s position as the UK’s leading ship supplier, with a national network able to supply all British ports. Established in South Wales more than 100 years ago, Lars Knutsen & Clode (LKC) has a strong history in ship supply. The company’s network boasts 8,000 sq ft of warehouse facility in Pembrokeshire with full bond, ambient, freezer and chilled facilities and Unitor stock which is superbly placed to supply Pembroke and the Milford oil and gas industry, South Wales and South ...
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Odyssey's SHIPWRECK! Pirates & Treasure Exhibit to Open at the Maryland Science Center
Thursday, September 2nd, 2010
The SS Republic Returns to Baltimore after 150 Years! Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX) today announced that following an extensive content upgrade, the Company’s multi-media traveling exhibit SHIPWRECK! Pirates & Treasure will open at the Maryland Science Center in Baltimore on October 1, 2010. The exhibit will run through January 31, 2011, in the Legg Mason Gallery on the second floor of the science center. The 8,000-square-foot SHIPWRECK! exhibit takes visitors on the thrilling quest to discover the ocean’s greatest shipwreck stories and treasures. The exhibit features over 500 authentic artifacts recovered by Odyssey from various shipwrecks in the ...
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PD Ports Shows Delicate Touch with Wind Farm Units
Thursday, September 2nd, 2010
Moving 75 ton nacelle units from a ship to a specialist vehicle took some delicate touches from PD Ports’ experienced stevedoring team at the Port of Immingham. “The handling operation required extreme care as the nacelles were manufactured from lightweight materials and the team needed to use guide-wires for the inch-perfect precision movement onto the vehicles,” says Jerry Hopkinson, PD Ports’ managing director, bulks, ports and logistics. The five units were destined for a site near Mansfield which will form part of a new five turbine wind farm expected to generate 9MW of power, equivalent to the domestic electricity needs ...
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Work Starts on the "Victory", 140 Meter Mega Yacht
Thursday, September 2nd, 2010
Today, at Fincantieri’s shipyard in Muggiano (La Spezia), work commenced on the construction of the mega yacht ordered from Fincantieri at the end of last year. At 140 meters long, Hull No. 6218, the project “Victory”, to the best of our knowledge, is the first mega yacht over 100 meters ordered since the onset of the financial crisis in October 2008. Introduced by Camper & Nicholsons International, one of the world’s leading brokerage companies in the mega-yacht market, who will represent the Client throughout the construction. Based on a new, unique concept which is the brainchild of the Monaco based ...
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Baker Hughes Installs World’s First Ultra-Temperature SAGD Production Systems
Thursday, September 2nd, 2010
Electrical submersible pumping (ESP) systems designed to operate up to 250°C maximize production from SAGD wells. Baker Hughes (NYSE: BHI) has installed the world’s first ultra-temperature electrical submersible pumping (ESP) systems in steam assisted gravity drainage (SAGD) wells in the Canadian oil sands. Nine Centrilift XP™ ESP production systems, which can operate at fluid temperatures up to 250°C (482°F), have been installed since April 15, 2010. Calgary-based Cenovus Energy, currently field testing the system at its Christina Lake, Alberta, thermal project, is among the first to deploy the new technology. “We expect the more robust system to increase run life ...
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Lintec Says Some Bunker Samples are Still Failing the New ECA Test
Thursday, September 2nd, 2010
Leading fuel testing agency Lintec Testing Services says that, of the fuel samples it has tested in the last four months, 7.5 per cent exceeded the limit of 1 per cent sulphur content specified under the new Emissions Control Area (ECA) regulations which came into effect on July 1 this year. Previously, the sulphur content limit had been 1.50 per cent. These results are measured in accordance with the ISO 8217 specification for international marine fuels. “It is significant, however”, says Michael Green, Technical Manager of Lintec, “that only 2.5 per cent of samples taken inside the new ECA region ...
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First Global Congress for Maritime Environmental Protection “gmec” in Hamburg
Thursday, September 2nd, 2010
Europe's Green Capital 2011 combines economy and ecology The North German city of Hamburg has been awarded the title “European Green Capital 2011” by the European Commission. Currently this port city is giving an insight of how to combine sustainability with successful trading: at the global maritime environmental congress (gmec), taking place on the 7th and 8th of September 2010. In the maritime sector, environmental and climate protection is currently the dominant topic. Hence the Congress Center Hamburg will be hosting the first international, industry-wide congress on maritime environmental protection. At the gmec, high-ranking members of the International Maritime Organization ...
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Exciting New Content and Exhibit Areas Announced for Offshore Communications 2010
Thursday, September 2nd, 2010
Offshore Communications 2010, the premier annual event dedicated solely to communications in an offshore or remote inland environment, is returning to the Houston, TX area. The 10th annual Offshore Communications Conference and Exposition will be held November 3 - 4 at the Houston Marriott Westchase located in Houston, TX. The Offshore Communications Conference and Exposition is the leading forum for communications professionals in the oil and gas community to learn best practices, discover new technology and collaborate with colleagues. "Offshore Communications is the only show that provides the oil & gas community with conference content and exhibit show floor exclusively ...
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New Weather Closures Adjust Automatically
Tuesday, August 31st, 2010
Heavy doors and hatches require manpower to close in rough waters. A perfect solution for offshore vessels, workboats, tugs, crew's quarters and pump houses, the advanced Weather Closures from Delta "T" Systems can be remotely shut in the event of bad weather, violent seas and extreme wind or for security purposes. Available in custom sizes to fit any application, the versatile Weather Closures are constructed from marine-grade 6063 aluminum housing with anodized aluminum blades. The Weather Closures are also offered in a powder-coated finish to handle harsh marine conditions. Lightweight and energy efficient, they feature 24V DC or 110V AC ...
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Shiptec China 2010, Marine Tradeshow of the Year in Northeast Asia
Tuesday, August 31st, 2010
The beautiful coastal city, Dalian will meet its biennial international maritime tradeshow – Shiptec China, from 26 to 28 October 2010 at Dalian World Expo Center, which will take the attention of international maritime community. Shiptec China covers a large range of exhibits including shipbuilding, vessels, ports, shipping, marine engineering, marine technology, marine services etc. and will intensively demonstrate the latest marine technology and achievements. Seminars and forums on varied topics will also be hosted alongside with the main event. Participation As of August 23, a total of 680 booths have been registered by 302 domestic and international exhibitors, i.e. ...
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Morgan Technical Ceramics Announces its Transducer Assembly Capabilities
Tuesday, August 31st, 2010
Piezoelectric assembly capabilities expanded Morgan Technical Ceramics’ ElectroCeramics business in Bedford, OH announces its high volume assembly capability for piezoelectric assemblies and transducers for applications in a broad range of markets, including medical, aerospace, industrial, oceanographic, commercial, automotive and state-of-the-art scientific research. MTC utilizes CNC machining and automated assembly equipment such as custom assembly fixturing, high speed pick and place, adhesives dispensing , high volume polarization, electrode application, auto calibration and serialized testing and data collection to meet its customers high volume requirements. MTC has extensive piezoelectric material experience and an applications knowledge base of transducer design and construction from ...
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Europort Istanbul 2011 Introduces 'Super Yacht Route'
Tuesday, August 31st, 2010
After a period of changing market conditions in the maritime sector, Turkey shows its resilience. The Turkish shipbuilding industry has become more focused on the construction of complex ships and the growing market for super yachts. The leading maritime exhibition Europort Istanbul responds to these market developments with the introduction of a ‘super yacht route’ at the exhibition. With the introduction of a ‘super yacht route’ Europort Istanbul 2011 offers new opportunities for suppliers of products and services for the super yacht industry. Super yacht builders, designers and project managers in Turkey and the surrounding countries will be personally invited ...
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Wilhelmsen Ships Service Completes Project Cargo Management Contract in Jeddah, Saudi Arabia
Tuesday, August 31st, 2010
Wilhelmsen Ships Service undertook a significant project in Saudi Arabia when the company moved equipment and parts totaling some 32,000 tons over difficult road networks destined for the construction site of the new Al Safwa cement plant. The contract was awarded by one of the world’s largest cement producers and was handled by Wilhelmsen Ships Services Jeddah office. A complex operation involved road transportation of 160 km from Jeddah and 260 km from Yanbu. The Wilhelmsen Ships Service team, headed by Johan Ostnes, carried out a road survey prior to moving the cargo, ascertaining that the road was in good ...
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exactEarth Establishes Asian Presence
Tuesday, August 31st, 2010
exactEarth Ltd., the data services subsidiary of COM DEV International Ltd. (TSX: CDV), today announced that it has hired Albert Antoine as Regional Sales Director for Asia and the Pacific Rim. From his base in Singapore, Mr. Antoine will provide a local point of contact for customers in the region who purchase exactEarth's space-based Automatic Identification System (S-AIS) service, exactAISTM. "Asia and the Pacific Rim are key markets for us, and we are pleased to take this step to demonstrate our commitment to servicing prospective customers in the region," said John Allan, exactEarth's Vice President, Global Sales and Marketing. "The ...
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Hyde Marine Awarded Multiple Ship Ballast Water Management Contract
Tuesday, August 31st, 2010
Hyde Marine Inc. has announced the award of a contract from a leading South Korean shipyard to supply Hyde GUARDIAN® Ballast Water Treatment (BWT) Systems for multiple 157,000 DWT Suez Max Crude Oil Tankers being built for a major Greek ship owner. Ten Hyde GUARDIAN ship-sets will be delivered from May 2011 to March 2013. As Hyde Marine’s first large tanker project, the company will be supplying explosion-proof UV Reactors and the newly developed Hyde GUARDIAN SUPERFLOW high capacity, auto-back flush disk filters. This is one of the largest BWT system orders placed to date totaling just over $19.8 million. ...
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Keppel AmFELS Maintains Perfect Track Record with Second Rowan Rig
Tuesday, August 31st, 2010
Second of four Rowan jack-ups delivered safely, on time and within budget Keppel AmFELS L.L.C., the U.S. wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver the second of four EXL rigs to Rowan Drilling Companies, Inc. (Rowan) on time, within budget and with zero lost-time incidents. The rig, christened Rowan EXL-II last Friday, is scheduled for delivery on 31 August and will depart the Keppel AmFELS yard within the next month. It is expected to be deployed to Trinidad for three years under contract with BP Trinidad and Tobago. Mr David Russell, President ...
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Schlumberger Completes Merger with Smith International
Tuesday, August 31st, 2010
Schlumberger Limited (NYSE:SLB) announced August 27, 2010 that it has closed its merger with Smith International, Inc. As previously announced, each Smith stockholder will receive 0.6966 shares of Schlumberger common stock in exchange for each Smith share, with cash paid in lieu of any fractional shares of Schlumberger common stock. Schlumberger has issued approximately 176 million shares pursuant to the merger, representing a transaction value of approximately $11 billion. As a result, former Smith stockholders own approximately 12.9% of Schlumberger’s outstanding shares of common stock. The merger widens Schlumberger's lead as the world's largest oilfield services company based on revenue ...
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New Service at the Hamburg Information Counter of the Cruise Centre in HafenCity
Tuesday, August 31st, 2010
At the suggestion of AIDA Cruises, Hamburg Cruise Center e. V. is offering since June 2010 a special service for Hamburg’s cruise passengers. At the Information Counter at the Cruise Center in HafenCity, the arriving and departing passengers can purchase admission tickets for the “Miniature Wonderland” in the Speicherstadt. Instead of spending any waiting times before or after the cruise in the terminal, the cruise passengers can participate in a discovery tour at Hamburg’s popular exhibition. The “Miniature Wonderland” lies in close proximity to the Cruise Center and can be reached on foot in approx. 10 minutes. With the tickets ...
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Krishnapatnam Port Sets An All India Coal Discharge Record
Tuesday, August 31st, 2010
Krishnapatnam Port has established an all new record for coal discharge in India using the conventional system of coal unloading for ports in India. The vessel MV. IKAN KEDEWAS called the port on 26th August and the discharge commenced at 12:40 hrs. Within 24 hrs. 55,374 MT of Coal was unloaded from the vessel. This feat surpassed Krishnapatnam Port’s previous all India record of 42,756 MT which was established on 2nd May 2010. JSW Steel Ltd., who is the importer of this coal, has appreciated the Port management, staff, workers and others who helped in achieving this marvelous feat. Krishnapatnam ...
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New Multi-Purpose LED Lamp Provides Ultra-Wide Light Spread
Tuesday, August 31st, 2010
Now there's a versatile LED light that is suitable for a variety of applications, interior or exterior, wet or dry. The advanced 12 LED DuraLed lamp from Hella marine offers class-leading efficiency, a rugged construction and unmatched illumination. Offering substantial power savings onboard compared to incandescent lighting, the economical 12 LED DuraLed draws less than 2.5W or less than 0.2A at 12V. Hella marine optics ensure a wide spread of intense white light without glare or eye strain. Employing maintenance-free, fit-and-forget technology, the durable 12 LED DuraLed features a UV-resistant, acrylic housing and comes pre-wired with 20" of twin core ...
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New Anti-Piracy Initiative Disables Attacking Vessels
Tuesday, August 31st, 2010
Anti-piracy and maritime security specialist Merchant Maritime Warfare Centre (MMWC) has developed an innovative device to improve the safety of shipping in high-risk piracy areas. MMWC’s Propeller Arrester creates an impenetrable security perimeter around a vessel which, when crossed, causes failure of the attacking vessel’s propulsion, rendering it disabled. Rigged to heavy-duty booms and deployed prior to entering high-risk areas, the Propeller Arrester releases lines of strong buoyant rope which float on the surface of the water, without interfering with the deploying vessel’s own propeller. The Propeller Arrester can be deployed very quickly, with minimal manpower. It remains effective when ...
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Air Casters Contribute to Successful 2000 Ton M/V CAKEWALK Launch
Tuesday, August 31st, 2010
Safe, controlled move from build facility to dry dock to sea Derecktor Shipyards utilized 42 Super 60” AeroGo air casters for the launch of the +2000 ton marine vessel “Cakewalk,” the largest yacht in the United States. The path of movement was a straight line out of the build facility, and then a turn toward the dry dock. After the turn, the vessel floated on AeroGo casters down to water’s edge and then floated onto dry dock.
Utilizing 42 Super 60” AeroGo air casters, the megaton yacht was maneuvered, despite the changes in direction and surfaces, in a ...
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