Wärtsilä extends the service agreement with Winterthur Gas & Diesel Ldt. for another 10 years

Wärtsilä Corporation, Press release, 25 January 2018 at 10:30 a.m. EET

The technology group Wärtsilä has signed a 10-year service partnership agreement with the Swiss company Winterthur Gas & Diesel Ltd. (WinGD), a leading developer of two-stroke low-speed gas and diesel engines used for propulsion power in merchant shipping. The new partnership agreement appoints Wärtsilä as an authorized global service provider for all WinGD products and provides WinGD and its customers continued access to Wärtsilä’s worldwide service network and comprehensive services offering. It also enhances the opportunity for Wärtsilä to provide integrated smart solutions and smart services to the merchant shipping industry.

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Royal Caribbean employees get an $80 million surprise bonus; Yemen conflict prompts new guidance on maritime security

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Royal Caribbean employees get an $80 million surprise bonus
January 24, 2018 — Royal Caribbean Cruises Ltd. says that a record setting year will translate into a surprise financial reward for each of its 66,000 employees. After announcing RCL had achieved its three-year Double-Double goal of doubling earnings per share and recording a double-digit return on invested capital, the company today told employees they will be thanked for their contribution with individual salary bonuses of five percent.

 

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Crowley aids power restoration efforts in Vieques, Puerto Rico; Denmark unveils plan for maritime sector growth

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Crowley aids power restoration efforts in Vieques, Puerto Rico
January 23, 2018 — Crowley Maritime Corporation’s liner and logistics teams recently provided full supply chain management services for the first of several expected shipments of special cargo to help restore power in Vieques, an island located about eight miles from the main island of Puerto Rico, in the aftermath of Hurricane Maria. Crowley’s groups provided ocean transport, trucking, delivery coordination, port services and freight forwarding of breakbulk supplies and utility-related equipment from San Juan to the island.

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IMO gets call for ban on carriage of high sulfur fuel; USS Fitzgerald arrives in Pascagoula to start repairs

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Damen delivers five harbor tugs to Cuba
January 22, 2018 — Damen Shipyards has delivered five new harbor tugs to Empresa de Navegación Caribe, a subsidiary of Cuba’s Grupo Empresarial de Transporte Marítimo Portuario (GEMAR). Prior to the order being placed, all of the vessels were being held in stock at Damen Shipyards Gorinchem in the Netherlands and were subsequently delivered within three weeks of the orders being confirmed, steaming across the Atlantic Ocean to Havana on their own keels.

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Congressional leaders underscore importance of Jones Act; NTSB reports on 2016 bulk carrier grounding

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Congressional leaders underscore importance of Jones Act
January 19, 2018 — Providing a rare interlude of bipartisan accord in Washington, the House Subcommittee on Coast Guard and Maritime Transportation held a hearing on “The State of the U.S. Flag Maritime Industry” during which congressional and maritime leaders stressed the importance of the Jones Act.

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