Heidmar rethinks CEO appointment

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Farstad OCVs to be Rolls-Royce DP3 equipped

January 29, 2014—Rolls-Royce has signed a contract with shipbuilding group Vard that will see its latest DP3 dynamic positioning system installed on two new offshore construction vessels on order for Norway’s Farstad Shipping. Classification 3 dynamic positioning systems are the most advanced defined by IMO, and this is the first Rolls-Royce contract for DP3. Vessels constructed to DP3 standards are able to operate in very demanding situations where any loss of position has the potential to result in fatal accidents, severe pollution or damage with major economic consequences.

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Fraser Shipyards plans next phase of modernization
A $2.9 million grant would cover 80 percent of the proposed $3.6 million project to extend the existing sheet-pile dock wall at Fraser, which would allow ships to more readily access the berthing area.

Heidmar rethinks CEO appointment
Last week, the board announced that it had appointed Hans van der Zijde as the new CEO but “on reflection, the board, concluded that such a move would not be the best choice for the company.”

Wärtsilä to ax 1,000 jobs
The job reductions, which will “impact all businesses and support functions,” is expected to produce annual savings of EUR 60 million.

Crowley opens new Guatemala City office
Combining the liner and logistics teams under one roof allows Crowley to better streamline services between departments, maximizing interdepartmental efficiency.

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