Indian shipping needs a fund backed by the government to spur growth of the country's merchant fleet, David Rasquinha, deputy managing director of Export-Import Bank of India, has told the INMEX-SMM Conference in Mumbai.
Australian vessel builder Incat Tasmania will soon have a showcase for its passenger ferries in both central London and Sydney Harbour.
Forum Energy Technologies (FET) is a $1.4 billion company, formed in the summer of 2010 in a five-way merger among Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies and Allied Technology. Since then it has grown through acquisition and organically.
Singapore’s homegrown maritime technology firm Ascenz Solutions has broadened its suite of operational risk intelligence solutions, and is making preparations to venture into the European market.
Sika Australia develops elastic adhesives and sealing systems for the marine industry.
The first ocean cleanup system ever tested at sea will soon be deployed for trials 23 kilometers (12 NM) off the Dutch coast. The goal of the test is to see how the floating barrier design is able to cope in extreme weather at sea during a 12-month period.
When you think of Miami-Dade, yachts and shipyards will often come to mind. But while this industry employs over 100,000 technically certified workers in the South Florida area, Miami-Dade itself has no training programs to supply the workforce.
India has sent a letter of request (LoR) to the US seeking to purchase patrol drones for protection and vigilance of its maritime assets in the Indian Ocean, sources said.