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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.


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


DSU Tests New Submarine Rescue System with Chilean Submarine

By Mass Communication Specialist 2nd Class (SW) Alexia M. Riveracorrea, , Pacific The Navy's Deep Submergence Unit tested a new system known as the submarine rescue diving and recompression system (SRDRS) with the Chilean submarine CS Simpson (SS-21) Sept. 17-18. The SRDS is designed to be rapidly deployed to any location in the world via air or ground and can be installed on military or commercial vessels when a call for assistance is received


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


Laborde Draws Repeat Customer

Vidalia Dock

Carla Jenkins of Vidalia, Louisiana, proudly carries on a family tradition of business on the waterways. Owner and operator of Vidalia Dock and Storage, a company started by her father in 1956, Jenkins relies on engine distributor Laborde Products to keep her fleet running reliably.


Engineers Attach Final Tow Chains to Costa Concordia

Salvage going to plan, hulk due to depart July 21. Engineers were securing the final chains to the Costa Concordia on Tuesday, preparing the wrecked luxury liner to be towed away from the Italian island where it sank two and half years ago, killing 32 people.


USCG Responds to Disabled Duck Boat

Image

  Coast Guard watchstanders coordinated a tow of a disabled tour boat near McCovey Cove in the San Francisco Bay, Tuesday afternoon.  At approximately 12:30 p.m., Coast Guard Sector San Francisco watchstanders received a report from a *local tour boat, Ride the Duck


Passengers Taken Off Stranded Savannah Casino Boat

Casino boat rescue: Photo USCG

The U.S. Coast Guard informs that the casino boat 'Escapade' is moored at its homeport and is no longer aground in Calibogue Sound near Tybee Island, Georgia. Watchstanders at Coast Guard Station Tybee Island were notified the Escapade had ran aground with 94 passengers and 31 staff and


Laying Water Pipeline, Cables in Hong Kong Port

Hong Kong Port

  Hong Kong Marine Department informs that from 2 July 2014 and for approximately 3 months,  marine works involving temporary laying of submarine tracking cables and concrete blocks, pulling of tracking cables, under-seabed water pipeline tunnel drilling works and diving operations will


Newport International Boat Show To Offer Exciting Program

Boat Show

Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today its '2014 At The Helm program' for this year’s Boat Show. The Newport International Boat Show will take place September 11-14, 2014 on the Newport Waterfront along America’s Cup


Leo Motors Inc Takes Lead in Green Marine Propulsion

Leo Greentier Marines is the premier Korean E-outboard developer and manufacturer

  Leo Motors Inc. (LEOM) has acquired by merger 100% of its affiliate company, Leo Greentier Marines (LGM) through a share exchange. LGM is the premier Korean E-outboard developer and manufacturer. They bring LEOM an effective fossil fuel alternative to conventional boats dramatically


Use of Tug Boat Services in Bangkok Port

  To prevent accidents which may cause damages to terminal quay, midstream dolphins and buoys and gantry cranes during berthing and mooring/unmooring in Bangkok port, all cargo vessels and other ships must apply for PAT tug boat service for berthing


FUSION-LinkTM Technology Gains Industry-Wide Acceptance

FUSION-LinkTM technology

  Marine Entertainment Leader Reaches Unparalleled Adoption by Boatbuilders and Manufacturers Auckland, New Zealand – FUSION®, a worldwide leader in marine audio, announced today its innovative and award-winning FUSION-LinkTM technology has been adopted by all marine Multi-Function


China Arrests Vietnamese Fishermen for Territorial Breach

  Six Vietnamese fishermen have been detained by the crew of a Chinese vessel in the South China Sea, officials of both countries said on Friday, the latest in a two-month fracas between the Communist neighbours over maritime sovereignty.


Solar Boats Gather for Race in Monte Carlo

Solar1 Image 1.jpg

RIB & HSC Sponsor SOLAR Boats Racing at Solar1 in Monte Carlo Shock Mitigation and the RIB & HSC Directory are official sponsors and media partners with the Solar1 event in Monte Carlo. Solar powered boats from all over the world are set to battle it out over two days in the first truly


Metal Shark Hires Wegener as Sales Director

Carl Wegener (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development


NAMJet Seals Unique Military Contract

NAMJet’s high-clearance impellers and low-RPM operating range provide exceptional thrust while maintaining top end speed.

NAMJet’s tractor jets seal the deal on a significant military boat building contract. The Army’s one-of-a-kind bridge erection boats fill an obscure, shallow draft workboat niche, while showcasing capabilities that someday could be commercially viable.


SAFE Boats to Build 4 More US Navy Mk VI Patrol Boats

Patrol Boat Mk.Vl: Image SBI

SAFE Boats International (SBI) says it has been awarded a contract to provide the United States Navy four additional Mk VI Patrol Boats (Mk VI PB); with options for an additional two boats. The Mk VI PB is the Navy’s next generation Patrol Boat and will become a part of the Navy


Feedback helps Evolves Mobile Wireless “Hotspot”

Image Soldiers Network courtesy General Dynamics

  General Dynamics C4 Systems - built Warfighter Information Network - Tactical (WIN-T) Increment 2 Soldier Network Extension (SNE) continues evolving with new capabilities based on soldier feedback and mission-centered innovation. In addition to recent updates that make the SNE more






 
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