Interview: Eddie Brown, Cummins' Director of Business Development, Marine
How do you see business today, and where is Cummins looking for opportunities as COVID-19 and volatile oil markets generate market uncertainty?Even in the current state, we are still seeing a solid level of interest and activity in the commercial marine space.
Prologis report addresses intersection of increased e-commerce activity on industrial real estate
As more consumers continue to opt to buy goods online, as opposed to venturing out to retail store locations and shopping malls, amid the ongoing COVID-19 pandemic, it is resulting in a subsequent impact on industrial real estate, specifically the part of the market focused on warehousing and logistics.That was a major takeaway in a recent report published by San Francisco-based real estate investment trust company Prologis.
CGG's Sercel Buys Stake in Autonomous Robots Start-Up
France-based seismic data company CGG has informed that its subsidiary Sercel has acquired a 34% shareholding in AMBPR, a start-up company that designs and markets autonomous robots.The AMBPR robots are used for repairing (sanding and painting) of large metallic structures…
Huisman to Equip Chinese Rescue Vessel
Dutch maritime equipment manufacturer Huisman said it has been awarded a contract by China Merchants Heavy Industry (Shenzhen) Co., Ltd for the delivery of a 250mt knuckle boom crane and a 500mt towing winch, to be installed on the upgraded 14…
BV Appoints Gregg-Smith as China Chief Executive
Testing, inspection and certification (TIC) services company Bureau Veritas (BV) announced Alex Gregg-Smith has joined the BV group as Marine & Offshore Country Chief Executive, China.Reporting to Claude Maillot, Senior Vice President North Asia Zone…
CMA CGM Halts Timber Exports from Gambia Over Rosewood Risk
Shipping group CMA CGM said on Wednesday it was suspending timber exports from Gambia due to suspected trafficking of rosewood in the West African country.Demand for furniture in China has led to widespread felling of rosewood in West Africa in recent years, despite the variety being protected under
Libya's NOC to Lift Force Majeure at Es Sider Oil Port
Libya's National Oil Corporation (NOC) said on Wednesday that it is ready to lift force majeure at Es Sider oil port, allowing a tanker on standby to load crude from storage.The state oil company urged all Libyan parties to support it and called…
Ocean Yield Sells Chemical Tanker to Navig8
Shipowner Ocean Yield has completed the sale of the Navig8 Amessi chemical tanker to Navig8 Chemical Tankers.Navig8 Chemical Tankers Inc. had in January declared the purchase option on the 2015-built chemical tanker. It was then said Navig8…
Eleventh National Security Cutter Named Elizebeth Smith Friedman
The U.S. Coast Guard is naming the 11th Legend-Class National Security Cutter (NSC) in honor of Elizebeth Smith Friedman.Friedman was a pioneering code-breaker for the Coast Guard during the Prohibition Era and World War II, serving within the Coast Guard Cryptanalytic Unit-387.
'Autonomous Guard Vessel' Concept Unveiled
A new offshore guard vessel concept aims to be smaller, lighter and more efficient than most of the vessels used to protect offshore operations currently. It will also be completely unmanned and autonomous.The so-called Autonomous Guard Vessel…