Industry News – Page 296
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News
New Owner for Newage
Coventry UK based mechanical driveline equipment specialist Newage Transmissions Ltd , well known in the maritime sector for its PRM marine gearboxes, has been acquired by Cambridgeshire based Thornycroft (1862) Ltd . Newage has become a subsidiary company of Thornycroft (1862) Ltd with immediate effect.
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Growth for Port of London
The Port of London Authority hasreported a 4.5% boost in cargo handling last year, taking its total to 53.3 million tons. The PLA''s latest Annual Review also reports that steps are underway to bring three unused wharves on the River Thames in Central London back into working use.
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NewsShort Term Solution for East Head
Works were undertaken last month at East Head to protect the amenity it brings to the Chichester Harbour UK community and to keep the risk of flooding West Wittering village to a minimum.
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Funding Consultancy Set Up
Royal Haskoning and RGroup Advisory have set up the private limited company Maritime and Transport Business Solutions (MTBS) to respond to the growing demand for creative forms of financing in the maritime market.
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NewsLord Mayor Urges Maritime Unity
The Lord Mayor, Alderman Michael Savory, used the recent occasion of the Lord Mayor''s Appeal Maritime Dinner to urge London''s maritime sector to work together to preserve the City''s position as the centre of the global maritime industry.
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NewsISPS Birthday Warnings
As the first birthday of the International Ship and Port Facility Security Code (ISPS) approached last month, maritime security services expert Securewest International expressed concern for companies whose ISPS plans were implemented last summer and for whom compulsory audits were just around the corner.
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NewsPublic Investment Funding for Boxship
Investment fund issuing house Hansa Hamburg Shipping launched its new 1,600 TEU containership MS Flottbek last month to coincide with the Port of Hamburg''s 816th Anniversary celebrations. The vessel provided an impressive finale for the traditional Grand Ship Parade along the River Elbe and in the Port of Hamburg.
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NewsSpecialist Marine Finance Funds Fleet Expansion
Crown River Cruises , whose luxury river cruise fleet is based at Blackfriars Pier on London''s River Thames, has recently ordered the sixth boat in its prestigious fleet. The vessel, currently in production at Tinnemans , Holland, will run the Westminster to Tower of London route for circuit cruises, charter ...
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Navy Gravy for Rolls-Royce
Rolls-Royce has won a £ 137m long-term service and support contract for gas turbines which power 27 ships in service with the British Royal Navy as well as the French, Belgian and Royal Netherlands navies. The company will support Olympus and Tyne gas turbines for the next 12 years, when ...
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Growth Fuels Growth for SMM
Serving a growing global market for marine equipment valued at ? 70 billion per year, preparations for SMM 2006 are in full swing, with the final date for registration set for 30 November 2005.
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News
AMOT Wears Well
MAN B&W , which leads the global market for two stroke diesel engines with 75% market share, has entered into a cooperative agreement AMOT which places the AMOT XTS-W bearing condition monitoring system on the Extent of Delivery list for all new MAN B&W two stroke engines. The XTS-W system ...
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News
Saab Sees It Coming
Saab Transponder Tech has won a major order to supply shipboard Automatic Identification Systems to the Canadian Coast Guard .Under the contract, Saab''s licensed integrator/reseller ICAN Ltd will supply 105 Saab R4 AIS transponders for installation on a wide range of icebreakers, buoy tenders, fisheries patrol vessels and SAR cutters. ...
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News
Kalmar Extends Port Handling Interests
Heavy duty handling equipment manufacturer Kalmar , part of Kone Cargotec , has acquired the Dutch companies Peinemann Kalmar CV and Peinemann Kalmar Rental BV from parent organisation the Peinemann Group for an undisclosed sum.
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News
EC Approves Modal Shift to Water
The European Commission has given Italy approval for a 240m subsidy scheme for the next three years to encourage the transfer of heavy goods vehicles from road to sea. The EC will grant subsidies to road haulage companies which make use of existing or new maritime routes as alternatives to ...
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SMIT Profits Up for 2004
Having completed a strategic reorientation over recent years, Smit International NV has posted mixed but generally good overall results for 2004. The group''s Salvage Division experienced a high work rate throughout the year and recorded an excellent result while the Harbour Towage Division also did well. The Transport & Heavy ...
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NewsLast Severn Class Lifeboat Named
The RNLI ''s final Severn class lifeboat was named last month in a ceremony at Poole by outgoing engineering manager Bob Cripps, who was instrumental in introducing the all weather lifeboat into service in 1995. At 17m in length, the Severn remains the largest boat in the RNLI''s fleet.
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NewsTransport Study Encourages Water Freight
Road pricing schemes which would encourage haulage firms to shift some of their freight off the crowded road network and onto trains, inland waterways and short sea shipping routes were highlighted in a new study into the use of strategic transport corridors in Europe over the next decade undertaken on ...
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NewsWinds of Change Drive Marine Cable Alliance
Rapid expansion of the marine renewable energy market has prompted a cooperation agreement between SMIT Heavy Lift Europe BV and Essex UK based cable installation and maintenance specialist Global Marine Systems Limited .
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Disaster Display on Merseyside
Admission is free to the Merseyside Maritime Museum , where a collection of newly acquired exhibits linked to the Titanic and Lusitania disasters has gone on display. These include the only item of clothing worn on the night of Titanic ''ssinking to still survive and a cushion from the Lusitania ...
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Intermodal Box Empire Created
Icelandic shipping to logistics company Samskip is set to acquire control of the Dutch intermodal operator Geest North Sea in a deal that will create Europe''s largest intra-European intermodal/shortsea container shipping network. The joint company will offer a network of shortsea services encompassing the North Sea, the Baltic, Ireland and ...
