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ARIES MARINE

Delivery: Bollinger Delivers the "New" Elsa Leigh

Bollinger Shipyards last month re-delivered the 254-ft. supply boat, Elsa Leigh, to Aries Marine Corp., of Lafayette, La., which is the new name for the former Seacor Clipper following extensive renovation at Bollinger's Morgan City shipyard. The new name is in honor of Elsa Leigh, the four year-old daughter of Courtney B. Ramsay, vice-president of Aries Marine. "This is the kind of project we love," said Donald "Boysie" Bollinger, chairman and CEO of Bollinger. "Repair, conversion and retrofitting boats has been a vital part of our business since my father founded the company in 1946 and jobs like this always present new challenges." Much of the work involved mechanical systems in the hull and replacement of about 30 percent of the boat's steel. The vessel was brought up to ABS DPS 1, FiFi1 and GMDSS Area 3 certification. Her two main EMD engines were removed and rebuilt by NREC in Houma, La., who boosted their power from 1,250 hp each to 1,500 hp each. The boat's old reverse/reduction gears were replaced with re-conditioned Falk gears to accommodate the higher horsepower and her two drive shafts were re-conditioned at Bollinger. Elsa Leigh's Detroit Diesel 12V71 generator sets were "tuned up" and a Cummins KT-19 M3 700 hp diesel engine replaced the existing Detroit Diesel bowthruster engine. That engine was re-conditioned and used to drive a fire pump that serves two new 11,000 GPM Stang fire monitors that Bollinger added to the boat


Grandunion Controls Aries Maritime Transport

Aries Maritime Transport Limited (NASDAQ:RAMS) announced that Grandunion Inc., a company controlled by Michail S. Zolotas and Nicholas G. Fistes, acquired 18,977,778 newly issued common shares in Aries in exchange for three capesize drybulk carriers. Of such shares, 2,666,667 were transferred to Rocket Marine Inc., a company controlled by two former directors and principal shareholders in Aries, in exchange for Rocket and its affiliates entering into a voting agreement with Grandunion


Aries Maritime Provides Update on its Fleet Deployment

Aries Maritime Transport Limited announced an update on its fleet deployment. The Bora, a 2000-built double-hull products tanker, returned to service last week following the completion of works, which included dry-docking repairs and upgrades, as previously announced. The vessel is being deployed in the spot market, while period charter opportunities are explored. The cost of repairs is expected to total approximately $1.4m.


Aries Maritime Announces Extended Period Charter for the Ocean Hope

Aries Maritime Transport Limited announced it has extended the existing period charter for the Ocean Hope, a 1989-built container vessel, with China Shipping Container Lines (CSCL). The extended charter is for a period of 24 months at a net rate of $13,300 per day, commencing on June 13, 2007. The Company also announced that the MSC Oslo, a 1989-built container vessel, returned to service on April 14, 2007, following the completion of works necessary to achieve the speed required


Aries Maritime Transport Limited Announces 3Q Results

Aries Maritime Transport Limited reported its financial results for the nine months ended September 30, 2007. Revenues of $23.2m were recorded for the three months ended September 30, 2007, compared to revenues of $26m recorded for the three months ended June 30, 2007. The decrease in revenues is primarily attributable to unscheduled out-of-service time related to the Ostria, a 2000-built double-hull products tanker, and scheduled out-of-service time related to the High Land


Aries Renews Bareboat Charters for Two Tankers

Aries Maritime Transport Limited announced it has renewed the bareboat charters for the Stena Compass, a 2006-built double-hull products tanker, and its sister ship, the Stena Compassion, with Stena Group. The charters will be for 23 to 25 months at a gross rate of $18,700 per day per vessel, less 2.5% in brokerage commissions. The charters also include a profit-sharing component for Aries equal to 30% of the actual Time Charter Equivalent rate above $26,000 per day per vessel


APR Labs Greener Method of Propulsion

Photo courtesy APR Labs

In 2006, Aries Propulsion Research Labs (APR Labs) introduced a new method of propulsion technology labeled Omni-Directional Propulsion (ODP). The method was created by designer Chris B. Hewatt and was first published on the United States Patent and Trade Organization (USPTO) Web site as publication 20060230847. APR Labs says that this unique design has been gaining attention in the transportation industry, but could have its greatest impact on the marine industry because it creates movement


Offshore Drilling Expenditure Expected to Increase

MarketResearch.com announced the addition of GBI Research's new report "Offshore Drilling Industry in the Americas to 2015 - New Deepwater Discoveries and Stringent Offshore Regulations Affecting the Future Industry Outlook," to their collection of Energy market reports. The report provides forecasts for the offshore drilling industry in the Americas to 2015. The report also provides segmental forecasts of the offshore drilling market by water depth and highlights the major


Offshore Service Vessels Design Innovation

PSV World Sapphire from Damen (Photo courtesy Damen)

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters, today’s OSV is a far cry from those built only a decade ago. Maritime Reporter examines some of the recent innovations in design and function.


SENER Celebrates FORAN System’s 50th Anniversary

Left to right: Managing Director of SENER, Jorge Unda; Spanish Minister of Industry, Energy and Tourism, José Manuel Soria; President of SENER, Jorge Sendagorta; and Marine General Manager of SENER, Rafael de Góngora. (Photo: SENER)

SENER has commemorated the 50th anniversary of FORAN, its CAD/CAM/CAE system for designing naval vessels and marine structures, created by SENER’s cofounder José Manuel de Sendagorta in the 1960s. Today it is the world leader in marine technology and, since its inception, it has served as the prime example of SENER’s ability to innovate and export.   The event was held at Madrid’s Casino on the evening of Thursday, June 11


MN100: Advanced Mechanical Enterprises

Image: Advanced Mechanical Enterprises

The Company: AME President Richard Merhige has pioneered the use of lasers in the marine industry.   The Case: AMEsolutions.com is comprised of Advanced Mechanical Enterprises/AME and Advanced Maintenance Engineering/AME, comprehensive marine and industrial engineering services companies


MN100: Dometic

(Image: Dometic)

The Company: Dometic develops products that make life on the water more comfortable and productive. An engineering leader of innovative products for the global marine industry with the largest worldwide sales and service network, products include air conditioning, ventilation, air purification


Hoppe Marine to Present Smart Shipping Solutions

Photo courtesy of Hoppe

For decades, Hamburg-based Hoppe Marine has produced onboard measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be present itself as a data integrator on vessels as a precondition for Smart Shipping and Big Data.  


MN100: Klüber Lubrication NA LP

(Photo: Klüber Lubrication)

The Company: Klüber Lubrication is one of the world’s leading manufacturers of specialty lubricants, offering high-end tribological solutions to virtually all industries and markets worldwide. Most products are developed and made to specific customer requirements


Navionics+Regions Available in New Areas

New Navionics+Regions Image Navionics

Navionics, the leader in content and location-based services for the recreational boating and outdoor markets, announced today the release of Navionics+ Regions in five coverage areas throughout the U.S. and Canada. At the affordable price of $149 per region


Parker to Supply Three Arctic Vessels

Photo courtesy of Parker Bestobell Marine

Parker Bestobell Marine, a supplier of cryogenic valves and part of Parker, a leader in motion and control technologies, has received a major new order from DSME (Daewoo Shipbuilding & Marine Engineering) in South Korea to supply cryogenic valves for three new vessels.  


MN100: Kirby Inland Marine

Photo: Kirby Inland Marine

The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii


Engine Providers Power Operators' Profits

Image: Caterpillar Marine

With an eye towards environmental compliance, operational efficiencies and the bottom line, the Marine News top propulsion providers touch all bases.   Sitting down to select the best engine and propulsion manufacturers in the workboat marine space isn’t necessarily the easiest task


MN100: Master Marine, Inc.

Photo: Master Marine

The Company: Master Marine has provided excellent marine repair and new construction services for over 55 years to all marine sectors. Equipment includes one 750-ton floating dry-dock (152’ x 46’) inside the wing walls and one 220-ton Marine Travel lift for servicing inland and


MN100: International Paint

Dave Heflin (Photo: International Paint)

The Company: For over 130 years, AkzoNobel’s Marine Coatings business, International, has pioneered the development of market-leading coatings for the shipping industry. The firm prides itself in its commitment to innovation, continual investment in research and development and a resolute


MN100: John Deere Power Systems

Image: John Deere Power Systems

The Company: John Deere Power Systems manufactures and markets industrial, marine and generator drive diesel engines, as well as drivetrain components for use in a variety of off-highway applications. The full line of propulsion and gen-drive PowerTech marine engines – 4.5L, 6.8L, 9.0L, 13


Caterpillar to Establish Singapore Marine Hub

Photo: Caterpillar Marine Center Singapore

 Caterpillar Marine is establishing a new Marine Center in Singapore in the facility at 5 Tukang Innovation Grove previously occupied by Caterpillar Remanufacturing.    The facility will bring together in one location almost 200 people employed by Caterpillar Marine in Singapore


MN100: ACR Electronics, Inc.

Gerry Angeli (Photo: ACR Electronics)

The Company: ACR Electronics, Inc. a Drew Marine Company, designs and manufactures a complete line of safety and survival products for the marine industries and various worldwide government agencies. Products include Emergency Position Indicating Radio Beacons, Personal Locator Beacons


MN100: Robert Allan Ltd.

Mike Fitzpatrick (Photo: Robert Allan Ltd.)

The Company: With about 82 employees, Robert Allan Ltd. is Canada’s most senior consulting Naval Architectural firm, established in Vancouver, B.C. in 1930. The company has earned an international reputation for innovative, successful designs for a wide range of ships and has been a leader


USCG Aiding Preparation for Subchapter M

Marine Inspectors from MSU Portland conduct a field dry dock examination to educate and train the towing vessel community on new regulatory standards that will come into force in the summer of 2018. The information session held at MSU Portland was the second in a series of national outreach forums designed to educate towing vessel operators on the new Subchapter M regulations. (Photo: U.S. Coast Guard)

U.S. Coast Guard, industry working together in preparation for the implementation of inspected towing vessel regulations   Marine Inspectors from Marine Safety Unit (MSU) Portland conducted a field dry dock examination, Wednesday, to educate and train the towing vessel community on new






 
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