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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


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


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


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


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.


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


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


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).  


Pneumatic Chainsaw Designed for Underwater Use

CS Unitec 5 1028 Chainsaw

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


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


Nichols Brothers to Build Vessel for American Samoa

Image: Nichols Brothers Boat Builders

Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by the Government of American Samoa to build a multipurpose vessel to operate in the warm waters of the South Pacific primarily between Pago Pago and the Manu’a Islands


India, Sri Lanka Exchange Fishermen at Maritime Border

Picture: Indian Coast Guard

 Sri Lanka and India exchanged the fishermen who were detained in each other's jails for trespassing into their territorial waters.  A total of 15 Indian fishermen, who were in the custody of Sri Lankan authorities, reached Karaikal


US Boating On High Speed Recovery

 Picture: National Marine Manufacturers Association

 Nearly 89 million Americans went boating last year, one of the largest boating participation figures on record. And the boat sales last year increased to $37 billion, a 3 percent increase from the year before. These figures are released by the National Marine Manufacturers Association


Dales Marine Fills Its Scotland Docks

Photo: Dales Marine

Ship repair and specialist fabrication firm Dales Marine reports a first time achievement as all of its seven docks around Scotland are full for the first time today.   Dales Marine’s docks are filled with vessels ranging from offshore supply vessels to ferries


INTERTANKO Launches ECA Bunker Surcharge Clauses

Photo: Teekay Tankers

INTERTANKO’s documentary committee has launched bunker surcharge clauses for Emission Control Areas (ECA).   Rising bunker prices due to rising oil prices and volatility in global politics can have a dramatic effect on trade as they fluctuate not just day to day, but also port to port


FPSO Trio Receives Side Shell Protection

Steel top plates welded to ship to form cavity into which elastomer core will be injected

SPS Overlay has yet again been used for side impact protection on three FPSOs for a major player in the offshore industry. The work was carried out at Enseada do Paraguaçu S.A. Shipyards (EEP) in Brazil and COSCO (Dalian) Shipyard, China


CMA CGM Updates European, African Services

cma w. af.jpg

The CMA CGM Group announce the specialization of its EURAF 1 and EURAF 2 services to meet the needs of its African and European clients. Accordinng to the shipping company, the services will offer two weekly services from Europe and the Mediterranean to Africa instead of one; improved


WESMAR Bow Thruster Integrate Safety

WESMAR Bow Thruster integrate safety

  “The WESMAR thruster works really well. It turns the boat on a dime,” says Wylie Sacks of Pembroke Pines, Florida, who with his son, ‘Vinnie,’ a 100-ton licensed captain, operates a charter boat out of Ft. Lauderdale, Florida


Seawall Reinstatement at Royal Hong Kong Yacht Club

    For approximately four months, seawall reinstatement works will be carried out at the Yacht Club inside Causeway Bay Typhoon Shelter within the area bounded by straight lines joining the following coordinates (WGS 84 Datum) from (A) to (D) and the adjacent shoreline:


CargoFlexX Bags US Order for 6 Bulk Handling Systems

Netherlands-based cargo handling innovator CargoFlexX BV has secured a contract to deliver six dry bulk handling systems to the Gulf of Mexico.    The dry bulk handling systems will be installed on-board the new SOLAS OSVs under construction for SEACOR Marine LLC’s new building


Fusion Launch new Website FUSION-LINK.com

Fusion-Link Website HR PRG

Leading Marine Audio Manufacturer Unveils Feature-RichOnline Experience to Highlight Support for Multifunction Display Partners FUSION®, a worldwide leader in marine audio, announced today the release of a comprehensive new website, FUSION-Link.com


OP/ED: Knowing the Rules of the Road

Michael Borgstrom, President of Chicago-based Wendella Sightseeing Boats.

Mitigating Risk of Dangerous Interactions with Recreational Rental Vessels   I am increasingly concerned about the interaction between commercial vessels and recreational craft on the Chicago River.  Even more frequently my operation is encountering people in short-term rental craft


Krill Systems Expands in the Far East

Photo courtesy of Krill Systems

Despite plummeting global fuel-prices, raising inevitable questions about their impact on the fuel conservation sector of the market, Krill Systems has reported strong booth traffic and interest in its products and services at the recent Work Boat Show in New Orleans


Boston Whaler Holds Ribbon Cutting Event

Boston Whaler celebrated major expansion with an  exclusive ribbon-cutting event

  In 2014, Boston Whaler broke ground on a new era in its history, introducing its largest model ever with the new 420 Outrage. On Jan. 13, 2015, Whaler celebrated the expansion to its facility that makes production of the 420 Outrage possible: the addition of nearly 60


Custom Ro-Pax Delivered in China

San sha No. 1 (Photo courtesy of Knude E. Hansen A/S)

The first Ro-Pax cruiser designed and built in China for the Chinese market has entered into service on January 1, 2015.   The ship, named San sha No. 1, can carry wheeled cargo, containers, trailers as well as passengers, and was delivered to China's southernmost city Sansha in Hainan






 
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