Imtra sells business to employees through creation of ESOP

Imtra sells business to employees through creation of ESOP

(NEW BEDFORD, Mass.) — Imtra, a leading manufacturer and importer of quality solutions and products for the marine, energy and transportation markets, has sold 100 percent ownership rights of the company to its employees through an employee stock ownership plan (ESOP). Making a compelling alternative to other sale events such as private equity or strategic sale, ESOPs allow the leadership…
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Harvey Gulf selects SailPlan to optimize fleet emissions

Harvey Gulf selects SailPlan to optimize fleet emissions

(RESTON, Va.) — SailPlan, a maritime clean technology company that reduces ship emissions, has announced that Harvey Gulf International Marine has entered into a commercial agreement to add SailPlan to its fleet. SailPlan is an emissions monitoring and optimization platform that combines the real-time engine, fuel and navigational data from vessels with weather, mapping, infrastructure and traffic data to benchmark,…
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Crowley names Marcus Jadotte as senior vice president, government relations

Crowley names Marcus Jadotte as senior vice president, government relations

(JACKSONVILLE, Fla.) — Marcus Jadotte has joined Crowley as senior vice president of government relations, leading the company’s advocacy activities across all its businesses. Jadotte will spearhead the company’s continuing advocacy for laws and regulations that support the domestic maritime industry, while expanding awareness of Crowley’s growing defense and civilian government services among federal, state and local officials. He will…
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CMA names Eagle Bulk’s Gary Vogel as commodore for 2022

CMA names Eagle Bulk’s Gary Vogel as commodore for 2022

(LONDON) — Gary Vogel, chief executive officer of Eagle Bulk Shipping, has been named as the Connecticut Maritime Association (CMA) commodore for 2022. Vogel follows a long succession of influential maritime industry leaders as commodore. The 2022 Commodore Award will be presented on Thursday, March 31 at the gala dinner marking the conclusion of the annual Connecticut Maritime Association conference…
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Hornblower acquires pair of multipurpose vessels available for offshore charter

Hornblower acquires pair of multipurpose vessels available for offshore charter

(NEW YORK) —  Hornblower Group has acquired two major offshore vessels available for hire: Seaward Explorer and Seaward Endeavor, previously California Responder and Pacific Responder, respectively. Seaward Services Inc. (SSI), part of the Hornblower Group of maritime businesses, is offering the multipurpose supply vessels for charter, with prompt availability. Seaward Explorer and Seaward Endeavor were built at VT Halter Marine…
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Survitec firefighting system ready for Yara Birkeland’s first laden voyage

Survitec firefighting system ready for Yara Birkeland’s first laden voyage

(LONDON) — Survitec’s advanced firefighting system and safety equipment aboard Yara Birkeland – the world’s first fully autonomous containership – have successfully completed their first annual service ahead of the 3,200-dwt ship’s first laden voyage. The zero-emission, fully electric Yara Birkeland is preparing to carry its first fertilizer cargo on the Heroya-Brevik route in early 2022. The groundbreaking vessel, which…
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Propspeed reports strong expansion in anti-fouling market in 2021

Propspeed reports strong expansion in anti-fouling market in 2021

(AUCKLAND, New Zealand) – Propspeed, a leading innovator of underwater foul-release coatings, has announced that an investment in global expansion at the beginning of this year has allowed it to exceed its stated objectives of unprecedented growth in 2021. Although, lockdowns and supply chain issues added complexity, Propspeed was able to accomplish a major rebranding campaign; developed solid shipyard, boatbuilder…
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Mustang Survival acquires Stearns

Mustang Survival acquires Stearns

(LAFAYETTE, Calif.) — Mustang Survival has announced the acquisition of the government and commercial marine business of Stearns. The products will be amalgamated into the Mustang Survival brand of life jackets, personal flotation devices and life-saving appliances. Mustang Survival President Jason Leggatt said the acquisition highlights the importance of the brand’s continued commitment to its government and professional consumers. “Mustang…
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Fully electric US tugboat eWolf to be propelled by Schottel

Fully electric US tugboat eWolf to be propelled by Schottel

(SPAY, Germany) — Crowley’s new 82-foot eWolf, the first all-electric tugboat to be built and operated in the United States, will be equipped with Schottel systems. As part of the fully integrated electrical package, Schottel is supplying two rudder propellers type SRP 430 featuring the LE-Drive (embedded L-drive). MariHub, the data IoT gateway and monitoring solution, completes Schottel's scope of…
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Caterpillar Marine to power Edda Wind zero-emission vessels

Caterpillar Marine to power Edda Wind zero-emission vessels

(HOUSTON) — Caterpillar Marine will be the power solutions provider for Edda Wind’s series of four new commissioning service operation vessels (CSOVs) being built at Astilleros Gondan and two new service operation vessels (SOV) to be built at Astilleros Balenciaga shipyards in Spain. Edda Wind is a joint venture of Ostensjo Rederi and Willhelmsen. The series of vessels will be…
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