Blount-Barker Shipbuilding Corporation was recently formed and James A. Barker has been named the President and CEO. Blount-Barker, based in Warren, R.I., specializes in the design and shipbuilding of tugboats, cruise ships, high-speed ferries and dinner and passenger vessels. The new company takes over the activities of the Blount Marine and Blount Industries entities, and operates as a separate corporation. As part of the new venture, Mr. Barker assumes management of Blount's shipyard and personnel, with the option to purchase the operations should they be sold in the future. "Jim Barker brings complementary experience that will greatly enhance the capabilities of the new Blount-Barker venture," said Luther H. Blount, founder of Blount Marine and Blount Industries. Blount, 84, will remain active in the day-to-day shipyard operation for Blount-Barker. "Through this new venture, we intend to maximize the superior naval architecture design and shipbuilding capabilities of Blount Marine and Blount Industries," said Jim Barker. "We also plan to expand into larger commercial vessels in the coming years," he added. Blount Marine was founded in 1949 by Luther Blount, and today extends over six acres in Warren with a staff of more than 50. Blount Marine has been a leading innovator in the shipbuilding industry for more than half a century. Luther Blount holds 21 U.S patents for numerous inventions, including the stern trawler and the net/drum technology.
M/V Horizon, a 600-passenger dinner cruise vessel, was delivered to Pegasus Yacht Cruises of New York by Blount Industries. Measuring 161 ft., Horizon boasts a welded steel, single chine hull with three enclosed dining decks. All superstructure above the second deck is 100 percent aluminum construction. New Jersey-based Robinson Interiors designed Horizon with old world ambience in mind - its dining room features varnished cherry wood paneling and trim.
According to reports, three colleges will share a donation from philanthropist and shipbuilder Luther Blount -- a 175-ft. cruise ship. Blount announced he will give the ship, called the Niagara Prince, to Rhode Island College, Roger Williams University and Wentworth Institute of Technology in Boston when it retires in the fall. Blount graduated from Wentworth in 1937 with a degree in machine construction and tool design
The 442-passenger, fast catamaran Atlanticat was delivered to it's hailing port of Portsmouth, NH, recently. The vessel, built for B.B.O., LLC will be operating as Acadian Whale Adventures out of Bar Harbor, Maine and used for off shore whale watching during the summer months and commuter service in Key West, Fla., during the winter. The 7,200 hp aluminum catamaran is powered by (4) Cummins KTA-50 engines; ZF4600D gears with (2) Cummins ONAN 95 Kw generators supplying the ships service
Blount Boats, Inc. received Notice of Award to design and construct four 75-ft passenger vessels for the U.S. Army Kwajalein Atoll in the South Pacific. The vessels will be built to meet the USCG Subchapter 'T' for operation between the Marshall Islands of Kwajalein, Rio-Namur and Ennubirr Island on a Protected Waters Route for the Kwajalein Range Service, LLC, a contractor to the U.S. Army. The 150-passenger mono hull boat will be constructed of welded Corten steel with an aluminum
Rhode Island’s economic assets include a surprising number of prominent and lesser known maritime firms. A recent media tour hosted by the Rhode Island Economic Development Corporation (RIEDC) highlighted the Ocean State’s key role(s) in the nation’s maritime industry. As the state of Rhode Island – along with everyone else, so it seems – works to revitalize a struggling local economy
Blount-Barker Shipbuilding signed a contract with a B.B.O., LLC of Portsmouth, New Hampshire for the construction of a 124 ft. Whale Watch Catamaran for operation in Bar Harbor, Maine. The vessel designed by Crowther Multihulls of Sydney, Australia will operate both seasonal whale watch tours and high-speed commuter service. The 124 ft. x 36 ft. catamaran designed with a main, mid and upper deck will accommodate 444 passengers at a loaded operating speed of 40 knots
Blount/Barker Shipbuilding signed a contract with Buchanan Marine, New Haven, Conn., for the construction of an 85 ft. (25.9 m), 2,400 hp all welded, Twin Screw tug. Powered by twin CAT 3512 engines, twin disc gears and two 65 kW generators, the tug's hull and superstructure plans have been contracted via Bristol Harbor Marine Design, which will utilize CAD/CNC technology for all lofting and cutting. The tug will be keel cooled and equipped with two
The new 85-ft. tug, Mister T built by Blount/Barker Shipbuilding was delivered to its port of New York City on December 11. The vessel, which will be used for harbor and ocean towing of bulk material barges, is a 2,400 hp twin screw tug powered by two Cat 3512 engines; 4:1 twin gears and two kW generators will supply ships service power. The tug is keel-cooled and equipped with two four-blade propellers measuring 78 in. in diameter
The 89-ft steel excursion boat, Linnea built by Blount Boats for Wendella Sightseeing Company was completed and accepted on July 20, 2010. The vessel was delivered to Chicago via Erie Canal and began service on July 30th. The delivery for the Linnea is especially timely on account of the fact that Wendella Sightseeing, Chicago’s original tour boat company is celebrating its 75th season as one of the city’s premier sightseeing and tourism venues.
Full-year underlying profit guidance unchanged; writedown raises questions over company's oil strategy. Danish oil and shipping group A.P. Moller-Maersk moved to shrink its Brazilian petroleum operations on Tuesday, selling its stake in its only producing Brazilian oilfield and saying it will
A Netherlands-based subsidiary of Brazilian tycoon Eike Batista's bankrupt shipbuilding and shipleasing unit OSX Brasil SA suspended payments to creditors after being granted protection by a Dutch court. According to a securities filing on Thursday
Brazil's state-run Petrobras will probably not meet its oil and gas production target for 2014 because of continued delays in the startup of new offshore oil platforms, a government source with direct knowledge of the situation told Reuters on Monday.
Brazilian mining company Vale SA plans to double its iron ore exports to China within five years, Jose Carlos Martins, the company's head of ferrous metals, told reporters on Thursday. Rio de Janeiro-based Vale is the largest producer and exporter of iron ore
Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil, a source with direct knowledge of the deal said on Tuesday. Petrobras
Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro as part of a money-laundering probe, two sources with direct knowledge of the operation told Reuters on Friday. The police said they were exercising 23 search and arrest warrants in
Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday.
Brazilian President Dilma Rousseff on Monday lashed out at critics of state-run oil company Petroleo Brasileiro SA, saying accusations of corruption, cost-overruns and stagnation at the company were politically motivated. Rousseff, speaking at the launching of an oil tanker at a shipyard near
Brazilian President Dilma Rousseff on Monday lashed out at critics of Petroleo Brasileiro SA, saying accusations of corruption, cost-overruns and stagnation at the state-run oil company were politically-motivated. "I won't tolerate any type of wrongdoing, criminal action
Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state, Rio Grande do Sul, to supply more fuel for local manufacturers and power generators.
Oleo e Gas Participacoes SA, the bankrupt oil company controlled by Brazilian tycoon Eike Batista, received a $44 million offer for five oil exploration and production blocks in Colombia, the company said on Friday. The offer involves $30 million in cash and the assumption of $14 million in
Brazil will export more crude oil in 2014 than it will import, Magda Chambriard, director general of Brazil's oil regulator, the ANP, said on Tuesday. If her prediction comes true, the oil-trade surplus will be Brazil's first since 2012, when the country exported $20
Brazil's state-run oil company Petrobras said on Tuesday it produced an average of 2.61 million barrels per day (boepd) of oil and equivalent natural gas in May domestically and abroad, up 2 percent from the previous month. Petroleo Brasileiro SA, as the firm is formally known
Brazil's MMX said late Wednesday it approved the lease and possible sale of its Corumba, high-grade iron ore unit, part of efforts to raise cash and restructure the troubled mining company controlled by Brazilian tycoon Eike Batista. The Rio de Janeiro-based company
Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with Holland's SBM Offshore NV, the company said in a securities filing. The potential reduction in profit is based on an estimate of the amount