marine

Wärtsilä Achieves First Marine Benchmark With Hybrid Solution For Bulk Carriers

Wärtsilä achieves new marine benchmark with hybrid solution for bulk carriers

Image Credit: wartsila.com

The technology group Wärtsilä has achieved a new technology benchmark with the introduction of the marine sector’s first hybrid installation for a bulk carrier. This innovative system will be installed on the M/V ‘Paolo Topic’, a bulk carrier built at Onomichi Dockyard in Japan and managed by Marfin Management S.A.M. The project agreement was signed on July 8 in Monte Carlo, Monaco.

Wärtsilä’s hybrid power module, the Wärtsilä HY, will ensure the seamless integration...

https://www.marineinsight.com/shipping-news/wartsila-achieves-first-marine-benchmark-with-hybrid-solution-for-bulk-carriers/

Auxo Investment Partners acquires marine transportation company

Aerial photo of the barge Endeavour and the tug Karen Andrie on Lake Michigan. Auxo Investment Partners photo

Private investment firm Auxo Investment Partners, Muskegon, Mich., announced today that it is acquiring Andrie LLC, a Michigan-based Jones Act bulk transporter of specialty products.

Those products include liquid asphalt, cement, light oil petroleum products, and calcium chloride. The deal, terms of which were not disclosed, marks Auxo’s sixth acquisition in 16 months, and builds on the firm’s December 2017 acquisition of M/G Transport Services, a dry-bulk transportation and logistics company...

https://www.workboat.com/news/people-and-products/auxo-investment-partners-acquires-marine-transportation-company/

Handling a marine company crisis: Don’t lie

In July 2018, an amphibious duck boat, operated by Ride the Ducks Branson, carrying 31 people foundered and sank on a lake near Branson, Mo., leaving 17 dead, the deadliest accident ever involving the popular tourist boats. In November, a federal grand jury indicted the duck boat’s captain for negligence and in attention. Branson/Lakes Area Convention and Visitors Bureau photo

Marine companies should have a crisis plan in place, just in case.

“If you don’t have a crisis plan, get started today,” David Norman, managing director, Kitchen Public Relations, New York, told his audience during a keynote presentation Thursday at the Passenger Vessel Association’s annual convention in New Orleans. (Originally, Adm. Charles Ray, vice commandant, U.S. Coast Guard, was supposed to deliver the keynote address. The government shutdown shelved those plans.)

Earlier in the day,...

https://www.workboat.com/news/passenger-vessels/handling-a-marine-company-crisis-dont-lie/

TWIN DISC ADDS VETH PROPULSION TO ITS FAMILY OF PRODUCTS

Recently, Twin Disc, Inc. acquired Veth Propulsion, a global supplier of main and auxiliary marine propulsion products.

“I am excited to announce the accretive acquisition of Veth Propulsion. Twin Disc has worked with Veth Propulsion for over two years, and the companies share similar cultures based on providing customers with high-quality products and leading design, engineering, and manufacturing services,” said John H. Batten, President and CEO of Twin Disc.

“Veth Propulsion strategically...

https://www.workboat.com/press-release/twin-disc-adds-veth-propulsion-to-its-family-of-products/

+ More