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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


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


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


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)


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


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.


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.


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


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


Migrant Boat Capsizes, Second in Two Days

A migrant boat capsized in the Mediterranean on Thursday and about 100 of its passengers have been rescued while the number of dead is unknown, officials said.   It was the second shipwreck in two days as sea crossings accelerate amid good weather


P&I Club warns on Enclosed Space Entry & Testing

Carl Durow Photo P&I Club

The London P&I Club says it continues to see cases of injuries and fatalities associated with entry into enclosed onboard spaces, including cargo holds on bulk carriers where atmospheres have not been treated as potentially dangerous.  


Norsafe Debuts New RIB in Gothenburg

Photo: Norsafe

Norsafe has released its first RIB, the Marathon 900, to compliment its range of boat models for professional and military customers.  Launched at High Speed Boat Operations in Gothenburg this month, the new Marathon 900 RIB was demonstrated with two newly developed Mercury outboard


SAFE Boats Delivers First CIV for Air and Marine Operations

Photo: SAFE Boats International

SAFE Boats International (SBI), a manufacturer of aluminum boats located in Bremerton, Wash., has completed the first Coastal Interceptor Vessel (CIV) on contract from U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO).  


Four Patrol Boats Delivered in Nigeria

Photo: Damen

Four Damen SPa 1605 ballistic protected security patrol vessels have been delivered to C&I Leasing Plc, a player in the Nigerian offshore support vessel market. The patrol boats, which have already undergone sea-trials, will provide security patrol and escort services for LNG tankers calling


Boating Fatalities Low in 2015 -USCG

U.S. Coast Guard photo by Josh Perkins

The U.S. Coast Guard released its 2015 Recreational Boating Statistics report Tuesday, revealing that boating fatalities nationwide that year totaled 626, the third-lowest number of yearly boating fatalities on record.    From 2014 to 2015, injuries decreased from 2,678 to 2,613, a 2


Tuco Marine Bags Wind Farm Service Boat Order

Image: Tuco Marine Group

Tuco Marine Group of Denmark informs it has inked a new order for its 11-meter wind farm service boat from the ProZero series of fast rescue boats, daughter crafts and workboats.   Tuco said the new order is from a major, but for now undisclosed, company in the European offshore market


Norsafe Showing Comprehensive range at Posidonia

Courtesy NORSAFE

Norsafe will be showing a comprehensive range of its renowned safety craft at Posidonia, June 6 to 10th 2016 at stand 420, hall 3. Exhibiting in partnership with its Greek agent, Intra Mare, the Norwegian based manufacturer together with its Greek subsidiary Norsafe Watercraft Hellas will be


NATO to Boost Effort to Stop Mediterranean Smugglers

NATO agreed on Thursday to broaden its operations in the Mediterranean to help the European Union stop criminals trafficking refugees from North Africa but will not act until the fate of rescued migrants is cleared up.   U.S. Secretary of State John Kerry said a meeting of NATO foreign


Turnbull Tours Austal’s Western Australia Yard

Prime Minister Malcolm Turnbull was joined by Senator Linda Reynolds and Senator Chris Back for the tour of Austal’s Henderson shipyard, hosted by Austal CEO David Singleton and Chairman John Rothwell. (Image: Rod Taylor/Austal)

 Austal Limited welcomed Australian Prime Minister Malcolm Turnbull to the company’s Henderson, Western Australia shipyard, demonstrating the facility’s naval shipbuilding capabilities, innovation and export success.  


Incat Crowther Designs Fast Crewboat for CMS

Courtesy Incat Crowther

Construction is underway for the second 70m Catamaran crew boat sister ship to the Muslim Magomayev, designed by Incat Crowther. Muslim Magomayev is a first-of-type vessel which Incat Crowther developed in close conjunction with Caspian Marine Services (CMS)


Maritime Turkey Set for a Tailwind

Kosbas Terminal serves as a Free Zone. (Photo by Turkish Chamber of Shipping)

Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and shipping of great importance to the country’s economy. Its extensive coastline running for 8,483 km, (1


FIO’s New Research Vessel Enters Build Phase

Construction of FIO’s new research vessel is expected to be completed in summer 2017 (Image: Boksa Marine Design)

 The 78’ research vessel designed and engineered by Boksa Marine Design (BMD) in 2015 is headed to the building phase beginning in June.   BMD contracted with the Florida Institute of Oceanography (FIO) in February 2015 for the design of a new vessel to replace its current


Overcrowded Migrant Boat Flips, Five Dead

A large wooden fishing boat overcrowded with migrants capsized off the coast of Libya, the Italian navy said on Wednesday, with some 562 people rescued and five found dead.   Photographs show the blue fishing boat rocking violently before capsizing, sending migrants tumbling into the sea


Guinean Sailors Arrested after Clash with Sierra Leone Navy

Sierra Leone was holding 11 Guineans including military personnel in custody on Wednesday following a confrontation at sea involving the two West African neighbours' navies, Sierra Leonean officials said.   The incident occurred early on Monday morning off the coast of northern Sierra Leone






 
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