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BOAT HOLDING

Medina Int’l Acquires Harbor Guard Boats

Medina International Holdings, Inc. (Pink Sheets: MIHI), a manufacturer of specialized search and rescue boats, announced that it has completed the acquisition of Harbor Guard Boats, Inc. Harbor Guard Boats, Inc. manufactures fire rescue, rescue and patrol boats. Harbor Guard Boats, Inc. had sales of approximately $693,455, $575,110 and $1,478,479 for the years ended April 30, 2007, 2008 and 2009 respectively. President of Medina International Holdings, Inc., Daniel Medina stated that, "This acquisition complements our existing fire, rescue and patrol boat division, adding several high-end, proprietary hull designs that have proven extremely popular." Chief financial officer of Medina International Holdings, Inc. Rao Mankal commented, "This acquisition represents a significant step forward in increasing our product line. We have now expanded our capabilities from 12-ft up to 37-ft boats, thereby giving us a presence in the larger boat market." Albert Mardikian, Chief Executive Officer of Harbor Guard Boats, Inc. said, "I am enthusiastic about this merger. The combined entity of Harbor Guard and Medina International will be the leader in Homeland Security fire, rescue and patrol boats and watercrafts. As part of a publicly traded company our opportunities will expand and our access to additional capital to take advantage of these opportunities will increase." (www.medinamarine.com)


Brunswick Sells Fishing Holdings to Triton Boats

Fishing Holdings, LLC, a manufacturer and marketer of fiberglass fishing boats owned by an affiliate of Platinum Equity, announced its acquisition of Triton Boats from Brunswick Corporation. Terms of the transaction are not disclosed. Triton founder Earl Bentz will join Fishing Holdings and resume his role at the helm of Triton Boats. Additionally, several key members of Triton's executive management and sales representative group will remain on board the Triton team and will continue to


With an Interceptor, a RHIB and a Cat

Salthouse Boatbuilders

Two extreme AC72 foiling catamarans with wing sails went head-to-head at over 40 knots in San Francisco Bay, California. The teams were competing in the 2013 Americas Cup Challenge which took place from September 7-21, 2013. Anyone watching the first few days of Americas Cup sailing will know that it looked like Emirates Team New Zealand had a seemingly untouchable lead – then out of the blue Oracle Team USA completed one of the greatest comebacks in sport to win the 34th


Survey Names Carolina Skiff America’s Premier Fiberglass Boat Builder

Photo: Carolina Skiff

Carolina Skiff, LLC announced that it has become the nation’s number-one fiberglass boat builder, based on new boat state registrations compiled by Statistical Surveys, Inc. for the year ending December 31, 2012. Holding the industry’s top spot in fiberglass boat sales in the saltwater, fiberglass, outboard-powered category since 1997, Carolina Skiff is now the number-one fiberglass boat builder in America, covering all fiberglass boat types (freshwater and saltwater)


Chuan Hup To Buy 20 New Barges & Tugs

Marine shipping company Chuan Hup Holdings expects a new contract to ship coal to Indonesia to contribute significantly to group earnings in 2001, according to a company official. Chuan Hup reportedly has a fleet of about 145 barges, tug boats and other vessels, but would have to add to that to service the new contract. The current estimate calls for about 20 new barges and tug boats.


Trawling for Scrap Metal

Drawings courtesy of Rodriguez Boat Builders

It looks like a typical Gulf of Mexico double-rigged shrimp trawler. However at 110 by 28-ft she will be bigger than most shrimpers. Like her sister, the Poncho, delivered in 2009, the new vessel is also built with robust framing and extra power. Like the Poncho, the as yet unnamed vessel, will be trawling for scrap metal, old tires and any other scrap is at the site of a decommissioned oil rig.   The work, mandated by U.S


Saab TransponderTech To Provide ARS System

Saab TransponderTech has been awarded a contract to provide Orkney Island Harbor Authorities with an ARS system that includes AIS functionality. The system boasts a base station implemented into the VTS system delivered by Navtek from Norway and mobile transponders to the pilot boats and tug boats in that region. The mobile transponders also hold special applications with alarm functionality for emergencies as well as administrative functionality for piloting


State Unveils Future for Ferries

Washington State Ferries officials presented their idea of what the future holds for the Kingston ferry terminal. Ridership on the Kingston-Edmonds route is expected to increase by 70 percent in the next 25 years. Although vehicles will play a role in that increase, passenger-only service will likely see an even greater boost, the North Kitsap Herald reported. A third boat will be added to the Kingston-Edmonds route in the summer of 2010 and year-round in 2012


New GM at Burger Boat Company

Burger Boat Company announced that Bill Bitner has joined the Burger Executive Team as the new Vice-President/General Manager. Bitner has previously held positions as Allied Signal-Honeywell Aerospace Division and most recently, from Rolls-Royce Aerospace where he served as Vice President/General Manager for the last five years. Bitner holds an MBA in Global Management, Lean Manufacturing Certification and an Executive MBA Certification.


Strong Offshore Market Demand Prompts Swissco OSV Orders

Image courtesy of Swissco

Singapore's Swissco Holdings say they have placed orders with China shipyards for two anchor handling tug supply vessels (“AHTS”) and a fast utility/crew boat with a one plus one option. The newbuild vessels, excluding owner supplied equipment, are worth an aggregate of S$42 million. “We believe that the heightened demand for offshore support vessels will remain sustainable on the back of healthy level of activities in the robust oil and gas industry and we will continue


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

 Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


Keels Laid for Oman’s New Naval Ships

From left to right: Commander Mudhafar Al Riyami, 2IC, Staff Officer 1, Marine Engineer; Captain Abdulhameed Al Sinani, Most Senior, Head of Team; Bernard Gorman, Supervisor - Austal; John Cooper, Program Manager (Acting); Kutub Chowdhury, Principal Surveyor – DNV GL; and Lieutenant Commander Mubarak Al Kasbi, Staff Officer, Marine Engineer. (Photo: Austal)

Austal Australia has completed the keel laying for two 72-meter High Speed Support Vessels (HSSVs) for the Royal Navy of Oman. The occasion was formally recognized at an event held today at Austal’s Australian Shipyard in Henderson, Western Australia.  


Austal Delivers Fourth Cape Class Patrol Boat

Photo: Austal

Austal Limited has delivered Cape Sorell, the fourth of eight Cape Class Patrol Boats being supplied to the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract.   Austal Chief Executive Officer Andrew Bellamy said it


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


Safety is Job One

FF1200 free fall WEB.jpg

Maritime safety products and systems can entail everything from a sophisticated integrated bridge system down to cleaning products for the galley. Here are a few recent introductions that appear particularly topical in the never-ending push for safer ships and crews. Free Fallin’


Ferry Capsizing Kills at Least 129 in Congo

At least 129 people are dead in the Democratic Republic of Congo after an overcrowded vessel sank on Lake Tanganyika in the early hours of Friday morning.   According to Laurent Kahozi Sumba, the transport minister for Katanga province


Crew of Stricken Fishing Vessel Found Unharmed

The crew of a stricken fishing vessel, seemingly washed up on the beach at Chapel St Leonards, are safe and well, Humber Coastguard reported.   Skegness and Chapel coastguards, Skegness RNLI inshore lifeboats and a rescue helicopter were all tasked to the 18-foot coble reported to the


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


USCG Rescues Mariner from Boat Near Maui

Coast Guard Station Maui at Māʻalaea,

  A man is safe after being rescued from a disabled boat approximately 46 miles southwest of Kahoolawe, Maui, Saturday. At 10:15 a.m., watchstanders at the Coast Guard Sector Honolulu command center received notification from a friend of the vessel’s operator reporting that the


Leighton to Sell John Holland

  Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI). CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the fourth largest construction company in the world by


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


CTruk Unveils Expansion Plans

Photo: CTruk

Bigger boats for offshore wind and much more as company looks to sustainable growth   CTruk held an informal launch event at its new Colne Estuary site on The Hythe, East Colchester yesterday, sharing its plans for expansion to guests and staff.  


Moose Boats Delivers 2 Patrol Boats

Photo: Moose Boats

Aluminum boat manufacturer Moose Boats announced the delivery of two patrol boats. The builder delivered a M2-38’ Patrol Catamaran to the United States Park Police in Fort Tilden, New York, as well as a M2-38’ Wide Cabin Patrol Catamaran to the New Jersey State Police in Point Pleasant


Bunker Holding Adds Subsidiary Unioil Supply

The Bunker Holding Group has established a new subsidiary operating under the name Unioil Supply A/S. The physical setup, based in Aalborg, consists of professionals from the former OW Supply & Trading.   The Danish-based Bunker Holding is the parent company of a group of companies






 
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