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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


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


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


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


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


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


Marine Professionals commemorates 20th anniversary

MPI 20th Anniversary Logo

Marine Professionals Inc. (MPI) is marking its 20th year in business, kicking off a year-long commemoration with a new celebratory logo and a secondary, complementary visual.  The anniversary logo symbolizes MPI’s success over the past 20 years


New Pilot Boat for the Thames and Medway

Photo: Port of London Authority

Estuary Services Limited (ESL), a joint venture between the Port of London Authority (PLA) and Peel Ports London Medway, is continuing its fleet replacement plan and buying another new pilot boat for its pilot transfer operations serving the ports of London and Medway.   


Chao Phraya: A Floating Food World

Dinner cruise boat owned by Supatra Co. Ltd., 18 by 5-meters, 66-guests main, 24-guests upper deck, Cummins 6BTA-M 5.9-liter 150 HP, 7 knots, built by a contractor in Ayutthya. (Photo: Haig-Brown/Cummins)

For many years, the Supatra River House on the Chao Phrya River, has been a favorite with Thai and foreign dinners. Situated on the Thonburi side of the river, the most favored approach to the restaurant is by boat. To that end, the owner, Khun Supapan maintains a fleet of beautifully restored


Voices: Todd Roberts, President, Marine Group Boat Works

Todd Roberts (Photo: Marine Group Boat Works)

From growing up on San Diego Bay then graduating from the California Maritime Academy to leading a fast-growing, technologically advanced, family-owned group of shipyards, Todd Roberts, for as many of his 43 years that he can remember, has always been ‘maritime.’  


First Steel Cut for Next Italian Navy Newbuilds

Photo: Fincantieri

A steel cutting ceremony was held for the Italian Navy’s lead Multipurpose Offshore Patrol Ship (PPA) at Fincantieri’s shipyard in Muggiano (La Spezia), officially marking the beginning of construction works on the first unit.  


Lake Assault to Build Pittsburgh Fireboat

Lake Assault Pittsburgh boat Pic by Lake Assault

Lake Assault Boats, a leading manufacturer of purpose-built and mission-specific fire and rescue boats, has been chosen to construct a 34-foot fireboat by the Pittsburgh Bureau of Fire in Pittsburgh, PA.   The fireboat will respond to emergencies and help manage fires on waterways


Lift Boat Crew Rescued in US Gulf

Four crewmembers aboard the lift boat Superior Trust were rescued after the vessel became unstable near Southwest Pass, La., Wednesday.   U.S. Coast Guard Sector New Orleans watchstanders received a call early Wednesday morning reporting one of the Superior Trust’s legs failed and


Euroseas Reports Q4 Loss

Pic: Euroseas Ltd

 Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, reported a total net revenues of $7.3 million for the three month period ended December 31, 2016.  


Unlockable Feature for Simrad Halo Pulse Compression Radar

Photo Simrad

Simrad Yachting announced today a new, unlockable add-on feature for Halo Pulse Compression Radar Systems – VelocityTrack. Increasing boater awareness, VelocityTrack provides instant visual feedback on the motion of radar targets in relation to the boat, reducing the risk of a collision.


NMMA CSI award for Volvo Penta

One can experience first-hand how the combination of Volvo Penta’s Glass Cockpit and joystick has changed the way boaters can monitor, control and maneuver their entire vessel with ease. Photo Volvo Penta

The National Marine Manufacturers Association (NMMA) has presented the 14th consecutive annual Customer Satisfaction Index (CSI) award to Volvo Penta for its gasoline sterndrive engines.   The CSI awards, presented at the Miami International Boat Show Feb


GOST Debuts Security Technology at Miami Boat Show

All-in-one video recording system – GOST Watch HD XVR Photo GOST

GOST (Global Ocean Security Technologies), a world leader in marine security, tracking, monitoring and video surveillance systems, announced today that it will highlight its newest marine products at the 2017 Miami International Boat Show at the Miami Marine Stadium Park & Basin


Volvo Penta Wins Innovation Award for Inboard Joystick

Photo Volvo Penta

The National Marine Manufacturers Association (NMMA) and Boating Writers International (BWI) today presented Volvo Penta with a 2017 Innovation Award for the Volvo Penta Joystick for Inboard. It is the first and only joystick for twin inboard shaft installations that includes both docking and


FUSION Wins NMMA Innovation Award

NMMA Innovation Award in the Watersport Equipment category at the 2017 Miami International Boat Show for its STEREOACTIVE purpose-built portable marine stereo. Photo FUSION Entertainment

FUSION announced today that its STEREOACTIVE purpose-builtportable marine stereo has won the National Marine Manufacturers Association (NMMA) Innovation Award in the Watersport Equipmentcategory at the 2017 Miami International Boat Show. The Innovation Awards program


Cammell Laird Launches Claire House Charity Kite Boat

Photo: Cammell Laird

Merseyside shipyard and engineering company Cammell Laird held a special ceremony to launch a unique kite boat designed to raise funds for charity Claire House Children’s Hospice.   The ‘CL Challenger’ was designed by retired shipyard naval architect Bill Owen


Maritime Cook Islands Technical Department Reconstituted

Rachele Andreani Photo MCI

Maritime Cook Islands Reconstitutes Its Technical Department –FourNew Senior Appointments to ProvideEnhanced Technical Expertise to Ship Owners Maritime Cook Islands (“MCI”), the international ship registry, hassignificantly enhanced its technical department with a series of






 
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