C & G BOAT WORKS
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
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 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
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
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.
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
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
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
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).
CS Unitec introduces a series of pneumatic chainsaws suited for use in underwater applications or in wet, hazardous environments. Series 5 1028 air saws are designed with a chain brake to stop chain movement during kickback or repositioning of the saw during cutting. These air saws feature two separate lubricating systems that automatically oil the saw chain and motor for easy startup and low-maintenance operation. Safer than gas or electric in hazardous atmospheres
With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation, operating in New York Harbor, the Somerset, Mass., shipyard delivered a third 61-foot patrol/rescue boat to the New York Harbor Unit
On October 10, 2014, Kenneth Smith, 99, the last of the original Smith Brothers, will christen the tug Captain Kenneth. The vessel was designed by the late Oliver Bryant and Parfait Designs and constructed at the company's yard on the Chesapeake Bay. Captain Kenneth is 49.5' x 19' x 7
Mill Log Equipment Company DBA Twin Disc Mid-Atlantic informs it has hired Ricky White as the Territory Manager for the southern Mid-Atlantic States to include the state of North Carolina (less the Outer Banks), and South Carolina. Ricky will operate out of the full service Rock Hill
Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today the results of this year’s Newport For New ProductsTM (NFNP) Awards. Judged on Thursday during the opening day of the Newport International Boat Show and announced at an awards
The U.S. Navy has awarded a $234 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. The contract has a total potential value of $1.5 billion over five years if all options are exercised
A fisherman was rescued by the United States Coast Guard (USCG) after his 40-foot fishing vessel became caught in the surf on the Chatham Bar in Chatham, Massachusetts, Wednesday. USCG Watchstanders at Sector Southeast New England received a notification from a good Samaritan informing
Lowrance, a world-leading brand in fishing electronics since 1957— announced today its exclusive partnership with Skeeter Performance Fishing Boats. Lowrance HDS Gen2 Touch navigation systems and Elite-3x fishfinders are now the standard electronics systems offered on Skeeter
After developing what it calls the most effective zero-speed anti-rolling devices ever made, Seakeeper said it forever changed the experience of boating. Within a decade, the company claimed a position as a global leader in active gyroscopic stabilization technology
The Coast Guard rescued a man from a boat taking on water near Fairport Harbor, Ohio, Tuesday afternoon. The name of the boater is not being released, and there is no Coast Guard imagery. At about 3:30 p.m., a watchstander at Coast Guard Station Fairport, in Grand River, Ohio
Marine Travelift builds boat hoists, self-propelled transporters, and marine forklifts Not every ship repair facility has a drydock or marine railway. But thanks to a Sturgeon Bay, Wis.-based company, shipbuilders and repair yards from small to large can get a real lift.
274 Sears Point Road Petaluma, CA 94954 Telephone: 707 778 9828 E-mail: firstname.lastname@example.org Website: www.mooseboats.com CEO/President: Roger Fleck Number of Employees: 20 The Company: Moose Boats is recognized for being a leader in supplying high quality customized mission-specific
The Coast Guard and a good Samaritan found and rescued a man Saturday morning, who had been missing since Friday afternoon on lower Lake Michigan. The Coast Guard is not releasing the man’s name and there is no imagery of video available.
Lowrance, a world-leading brand in fishing electronics since 1957 — announced today its renewed exclusive standard fit partnership with Fishing Holdings, LLC. The relationship agreement, signed for an additional three years, spans across all Fishing Holdings’ brands including
Petchem producers unlikely to buy due to impurities in oil. Big middle distillates yield, less naphtha, LPG; wide variance in API gravities in assays, samples. Tests on samples of the same type of U.S. condensate now heading to South Korea and Japan have raised questions about the ultra-light
583 East Broadway Cape Vincent, NY 13618 Telephone: 613-542-1810 E-mail: email@example.com Website: www.metalcraftmarine.com CEO/President: Tom Wroe Number of Employees: 150 The Company: MetalCraft Marine Incorporated is a fully integrated designer and manufacturer of custom high