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C & G BOAT WORKS

POSCO,GS Group to Make Joint Bid for Daewoo

POSCO and GS Group said they are teaming up in the race to buy Daewoo, Reuters reported. POSCO, the world's fourth-largest steelmaker, and GS Holdings, the holding company for energy-to-construction group GS, said they were forming a consortium to bid for Daewoo. A 50.4 percent stake in Daewoo is being sold by top shareholders including Korea Development Bank. Cash-rich POSCO had been considered as a strong candidate even alone but some analysts had been skeptical about benefits from a steel-shipbuilder combination. Source:  Reuters


Zamakona to Offer GS-Hydro Hydraulic Services

Pictured from left to right: Borja Garaygordóbil, General Director of Zamakona Yards Canarias; Pablo Moya, Managing Director of GS-Hydro Spain, Portugal and France; Álvaro Garaygordóbil, CEO Zamakona Yards Canarias and Luis Ibarra, President of the Port Authority of Las Palmas (Photo courtesy of Zamakona Yards)

GS-Hydro has reached an agreement with Zamakona Yards to include its hydraulic services in the range of services offered by the Zamakona in the Canary Islands.   Marking the new partnership, a presentation ceremony was held January 29 in the Las Palmas Port. In attendance were the President of the Port Authority of Las Palmas, Luis Ibarra; Zamakona Yards´ CEO in the Canary Islands, Álvaro Garaygordobil; Vice President of Business Development at the GS-Hydro Corporation


Yayasan Sabah Plans Expansion

Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers, the Business Times reported. The group through its joint-venture company, GS Tankers Sdn Bhd, inked a shipbuilding contract for the construction and sale of a chemical tanker with Nok Bong Shipbuilding Co Ltd, a shipbuilder from Koje City, Kyungnam, South Korea


Boksa Marine Design, Custom Steel Boats Yacht

Boksa Marine Design and Custom Steel Boats developed the CS 85. Designed specifically for an avid SCUBA diver and his family and friends, the CS 85, an 85 ft x 22 ft expedition style motor yacht, combines accessible exterior spaces with liveable interior spaces.  There is a large dive locker located in the lazarette with easy access to the large swim platform.  An Opacmare Transformer provides a large swim-up deck for diver access to the water


Moose Boats Deliver Patrol Boat to NYPD

M2-35 patrol boat: Photo courtesy of Moose Boats

Boat designer and manufacturer in the San Francisco Bay Area, Moose Boats, said it has delivered a M2-35 Catamaran Patrol Boat to New York City Police Department’s Harbor Unit. The 35 foot all-aluminum catamaran vessel is a sister ship to NYPD’s three existing Moose Boats M2- 35 catamarans, the first of which has been in service since December 2009. The vessel will be responsible for patrol, search and rescue


People & Company: Q&A: Gary C. Schuler, CEO, Senesco Marine

MarineNews: What did you do before coming to Senesco Marine, and how did you get into the shipbuilding industry? How does your former field compare/contrast with the marine business? Gary Schuler: I served as CEO of Bostitch, a $500 million producer of pneumatic tools and fasteners, from 1980-1990. After leaving there, I was involved in some turnaround situations before joining an investment partnership. The majority investor at Senesco Marine, whom I've know for about 20 years


Hudong-Zhonghua to Build LNG Carriers for PNG, Gorgon Jansz

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China.  These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).  


MOL Crew Rescues Mariners from Disabled Vessel

A scene of rescuing crew members

While steaming some 700km west of Guam on January 20, Mitsui O.S.K. Lines, Ltd. operated coal carrier C. S. Sunshine rescued all 24 Chinese crew members of a disabled freighter January 20. At 8:15 a.m. (local time) on January 20, the Panama-registered C.S. Sunshine, which departed Newcastle, Australia, bound for Tsuruga, Fukui Prefecture, Japan, received a distress signal from a Panama-flagged freighter that had lost power. The 46,700 MT, 228.4m C.S


UK's Victor Marine Customise Separator for Indian Navy

Lightweight Separator: Image credit Victor Marine

Victor Marine Ltd fulfill a significant order for a series of lightweight oily water separators for naval fast attack interceptor vessels. These lighter units have now been added to Victor Marine’s full range of products. Due to the weight constraints applied to this project, Victor Marine faced the challenge of designing and building a lightweight version of their already very successful CS Series range of separators.


POSCO, Hanwha Submit Bid for Daewoo

South Korea's POSCO and Hanwha Group have submitted separate bid proposals to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering, the two companies said on Monday. POSCO, which agreed last week to form a consortium with a rival bidder GS Group, has submitted a takeover proposal, its spokeswoman Ko Min-jin said, competing with Hanwha Group and Hyundai Heavy. Source: Reuters


Newport International Boat Show Announces Edson Awards

Logo

Newport Exhibition Group, owners and producers of the Newport International Boat Show,announced today the results of this year’s Edson Awards for Excellence in Portraying Company Image. Presented by Will Keene, chairman of Edson International


MarAd Stresses Economic Impact of Shipyard Jobs in NE

Maritime Administrator Paul “Chip” Jaenichen (Photo: MARAD)

In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the


Capsized Migrant Boat: Egypt Arrests Crew Members

Photo: International Organization for Migration

Egyptian authorities have arrested four crew members of a boat carrying almost 600 migrants which capsized off Egypt's coast, killing at least 43, judicial sources said on Thursday.   The boat sank on Wednesday in the Mediterranean off Burg Rashid


Crewboat Delivered to Caspian Marine

Photo courtesy of Incat Crowther

Built Built by Austal Ships, Rashid Behbudov, sistership to the Muslim Magomeyev and the second Incat Crowther 70m Catamaran Fast Crew Boat, has been delivered for Caspian Marine Services.   Muslim Magomayev, the first of this design developed by Incat Crowther


Britain: EU Mission Should Turn Back Migrant Boats

A European Union naval force deployed in the Mediterranean should turn back migrant boats after they leave Libya and prevent them from reaching Italy, British Foreign Minister Boris Johnson said on Thursday.   Italy is on the frontline of Europe's migrant crisis, taking in more than 400


Vigor Delivers Two Pilot boats to M.E.

Image courtesy Vigor

Vigor expanded its growing portfolio of international sales with the delivery of two, 19m all-weather pilot boats to The Port of Duqm Company (PDC), SAOC, Sultanate of Oman. The Port has been undergoing a major multiphase expansion and the new pilot boats will play a key role in ensuring the


Partnership Yields Next-gen Versatile Workboats

Image: AMC

Naval Architect John Kecsmar of Ad Hoc Marine Designs is now working with Aluminium Marine Consultants (AMC) to offer a range of uniquely designed, versatile SWATH workboats.   Kecsmar possesses many decades of experience working and designing in shipyards in all things high-speed and is a


MN100: RIBCRAFT

(Photo: RIBCRAFT)

The Company: RIBCRAFT designs and builds safe, durable, performance oriented rigid inflatable boats (RIBs) that fulfill the most demanding military and professional applications. With over twenty-five years experience, RIBCRAFT provides high quality professional grade RIBs and inflatables for


Fishing Vessel Burns up in Maine

Coast Guard Petty Officer 3rd Class Cory Langston fights the boat fire from the Coast Guard 29-foot response boat in Hopkins Point Marina in Jonesport, Maine on Thursday, Sept. 8, 2016. The was no one aboard at the time of the fire. (U.S. Coast Guard photo by Stephanie Horvat)

A boat fire was extinguished Thursday off the coast of Jonesport, Maine. The was no one aboard at the time of the fire.   At about 6:12 a.m., watchstanders at U.S. Coast Guard Sector Northern New England received a call from the owner, who was on shore


MN100: Gibbs & Cox, Inc.

(Image: Gibbs & Cox, Inc.)

The Company: Gibbs & Cox and Donald L. Blount and Associates (G&C/DLBA) comprise one of the world’s leading independent naval architecture and marine engineering design firms. The company employs naval architects, engineers and designers from all of the ship-related engineering


MN100: MetalCraft Marine Inc.

(Photo: MetalCraft Marine Inc.)

The Company: MetalCraft Marine Incorporated is a fully integrated designer and manufacturer of custom high performance fire, rescue, patrol, research, and other specialized work boats. The company is the North American industry leader in the design and manufacturing of high speed aluminum


BUKH SOLAS Range Expanded with Volvo Penta Power

BUKH produces a range of SOLAS engines for lifeboats. (Photo: Norsafe)

Volvo Penta and Danish manufacturer BUKH have entered into a partnership by which Volvo Penta will supply BUKH with diesel engines of up to 16 liter capacity for new propulsion solutions for lifeboats.   The agreement between the two companies enables BUKH to extend its SOLAS engine range


New Tour Boat for Argosy Cruises

(Image: Teknicraft Design)

All American Marine, Inc. (AAM), together with Argosy Cruises of Seattle, Wash., has signed a contract for the construction of a 125-foot aluminum monohull tour boat for operation in Puget Sound’s Elliott Bay.   This project will mark the first keel laid at All American Marine’s


MN100: Elastec

(Photo: Elastec)

The Company: Located in Carmi and Fairfield, Illinois and Cocoa, Florida, Elastec manufactures water pollution control products specializing in oil spill recovery equipment. Established in 1990 with the invention of the ELASTEC Drum Skimmer, the U.S


Tuco Launches Air Supported Vessel

Air Supported Vessel

In collaboration with Effect Ships International AS, Norway, Tuco has launched a carbon sandwich Air Supported Vessel (ASV). With the patented ASV concept the vessel "rides on a cushion of air", you can read more about the new arctic workboat here, and see a small movie of the boat above






 
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