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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


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


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).  


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


Man Missing after Tug Capsizes in Houston

The U.S. Coast Guard and Harris County Sheriff Department responders are searching for a missing man after he and four others were sent into the water when their tug flipped over in the San Jacinto river about a half mile south of Interstate 10 in Houston.  


Massive Lift Boat Delivered to Milaha

Photo: Milaha

Milaha has taken delivery of a new lift boat which will be deployed offshore, particularly in support of field maintenance efforts.   Named the Milaha Explorer, the new lift boat was built by Bohai Shipbuilding Heavy Industries Co. Ltd


Atlantic Pioneer Gets to Work at Block Island

Atlantic Pioneer (Photo: Atlantic Wind Transfer)

The first US-built and operated offshore wind farm crew transfer vessel will be named at an official christening ceremony in Quonset Point, Rhode Island. Following the Christening the ‘Atlantic Pioneer’, owned and operated by Atlantic Wind Transfers


Officer Sentenced for Role in Fatal Ferry Crash

The second officer who admitted his actions were responsible for the death of a fisherman, has been sent to prison.   Pasquale Miccio pleaded guilty to a breach of section 58 of the Merchant Shipping Act 1995 as amended, on March 24, 2016 in the High Court of Justiciary, Glasgow


Indonesia Blows Up 23 Foreign Fishing Boats

Photo Courtesy: EUROPEAN PRESSPHOTO AGENCY

 Indonesian authorities sank 23 foreign fishing boats on Tuesday (Apr 5), saying they were "operating illegally in the archipelago's vast waters in continuation efforts for anti-poaching", China's Xinhua news agency reported.   


North River Boats Thrives in a Challenging Build Market

Photo: North River Boats

North River Boats’ formula for success: anchored in a diverse portfolio and customer base.   Tucked away in Roseburg, Ore., North River Boats began simply enough in 1974 by building jet powered boats to run shallow, technical white water rivers


Hundreds of Migrants Arrive in Italy from Egypt

Italy's coast guard said on Thursday it had rescued more than 300 migrants from a packed boat in which they had travelled hundreds of kilometres (miles) from Egypt to the Strait of Sicily. People fleeing war and poverty in Africa and the Middle East have been arriving in southern Italian waters


This Day In Naval History: April 8

1823 - The barges USS Mosquito, USS Gallinipper, and sloop-of-war Peacock chase the pirate schooner, Pilot, which is driven ashore off Havana, Cuba.   1848 - The first U.S. flag is flown over the Sea of Galilee when Lt. William F. Lynch sails in an iron boat up the Jordan River


Norwegian Archipelago Orders ProZero Workboat

Image: Tuco Marine

Norwegian Archipelago Services purchases another ProZero 10.5 meter workboat; Holmestrand Municipality commissions the vessel for the Archipelago services   Norwegian Archipelago Services has bought a second ProZero workboat. The vessel was sold by Tuco Marine in Denmark in close


Europe Cargo Handles 9 Tugs

Europe Cargo, the Belgian member of the FPS Group of independent forwarders and NVOCCs, has undertaken the port agency and stevedoring for nine Damen Stan tug boats, being shipped from Shanghai to Gorinchem, Netherlands.   The brand new vessels – five Type 1606


First US-flagged Wind Farm Vessel Delivered

Photo: Blount Boats

Blount Boats has delivered the Atlantic Pioneer, America’s first U.S.-flagged Crew Transfer Vessel (CTV) for Atlantic Wind Transfers that will begin service for Deep Water Wind Block Island at the end of May.    The 21-meter aluminum vessel was designed by South Boats IOW (Isle


US Oil Rig Count Falls to November 2009 Lows

U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday, as energy firms keep slashing spending despite a more than 50 percent jump in crude futures since hitting a near 13-year low in February.


Australia Accelerates Naval Shipbuilding Efforts

Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm Turnbull said on Monday, making an announcement that could find favour with voters just weeks ahead of a likely federal election. Naval shipbuilding is a key part of a plan unveiled in


Lake Assault Boats Available Through GSA

Photo: Lake Assault

Lake Assault Boats, part of Fraser Shipyards and a  manufacturer of purpose-built, mission-specific fire and rescue boats,has announced that the company’s boats are now listed on the U.S. government’s General Services Administration (GSA) Schedule.  


Austal Lines up Long-term Patrol Boat Work

Austal Pacific Patrol Boat Replacement Design (Image: Austal)

Australia based shipbuilder Austal Limited has been awarded preferred tenderer status by the Commonwealth of Australia for the Pacific Patrol Boats Replacement (PPBR) Project involving the construction of up to 21 steel-hulled patrol vessels and through life sustainment over 30 years in a total






 
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