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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


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


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.


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


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


MARAD Approves Vessel Transfers

The U.S. Maritime Administration (MARAD) announced that it has approved requests for transfer and sale of five U.S. vessels, including a tanker and a cable ship. They include: ยท K-Sea Transportation LLC, Staten Island, NY, has received approval to sell the 6,430-gross-ton tank barge, KTC-115 to McKeil Work Boats Ltd., a Canadian corporation, and transfer said Vessel to Canadian registry and flag. The vessel was built in 1968 in Avondale, LA.


MN 100: Kvichak Marine Industries, Inc.

Kvichak boats.jpg

469 NW Bowdoin Place Seattle, WA 98107 Telephone: 206 545 8485 E-mail: sales@kvichak.com Website: www.kvichak.com CEO/President: Keith Whittemore Number of Employees: 155 The Company: Kvichak Marine Industries Inc. responds quickly to new customer requirements


EU to Help Italy Cope with Boat Migrants

The European Commission said on Wednesday it would launch an EU version of Italy's sea rescue operation to help it deal with the droves of migrants crossing the Mediterranean in crowded boats from North Africa, something Italy has repeatedly called for.


First N.American Boat Powered by Volvo Penta IPS

Photo courtesy of Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America to be powered by Volvo Penta IPS propulsion. Built by Metal Craft Marine Inc


RN Warship Intercepts Caribean Drug Smugglers

Drug confiscation: Photo MOD

Royal Navy warship HMS Argyll has seized £21 million worth of cocaine after a 12-hour pursuit across the Caribbean, informs the Ministry of Defence. Sailors then transferred the cocaine to a US Coast Guard vessel. After receiving information that a suspicious-looking vessel had been spotted


Two Rescued from Disabled Boat near Niagara Falls

The U.S. Coast Guard (USCG ) rescued two people from a disabled boat near Niagara Falls late Monday night. At about 9:15 p.m., a search-and-rescue (SAR) coordinator from USCG Sector Buffalo, New York, responded to a call for help from the boaters via cell phone


Electric Boat Powered by Aluminum-air Battery

The vessel - Hydroxy 3000 - is a typical electrical lake vessel for private use by consumers. Together with Heig University, this vessel has been adapted to the new aluminum-air battery technology.

Alcoa, Phinergy and Heig-VD University demonstrate electric boat with aluminum-air battery range extender at Lake Neuchâtel, Switzerland Alcoa, clean technology company Phinergy and HEIG-VD University, today debuted a zero-emissions electric demo boat powered by an aluminum-air battery at


USCG Rescue Fisherman from Western Lake Erie

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  The Coast Guard rescued a fisherman from western Lake Erie after he launched an emergency distress flare Wednesday afternoon, near South Bass Island, Ohio. The Coast Guard is not releasing the name of the man rescued, and there is no Coast Guard imagery for this case.


First Two Mooring Boats Launched for Port of Ras Laffan

Photo courtesy of Nakilat Damen Shipyards

Nakilat has celebrated the delivery of two 16-meter mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat Svitzer Wijsmuller. The built-in-Qatar vessels will be operated at the Port of Ras Laffan. The two Stan Tug 1606 mooring boats


MN 100: All American Marine, Inc.

Sea Scout.jpg

200 Harris Ave. Bellingham, WA 98225 Telephone: 360 647 7602 E-mail: jhudspeth@allamericanmarine.com Website: www.allamericanmarine.com CEO/President: Matt Mullett Number of Employees: 48 The Company: All American Marine Inc., located on the shores of Bellingham Bay in Washington State


Two Boat Migrants Die, 1,500 Saved Off Italy

Two boat migrants died among almost 1,500 rescued by Italy in the last 24 hours, authorities said on Friday as the total number reaching Italian shores this year passed 100,000. Italy's interior minister said it was "proud to be saving lives" of migrants who have been streaming out of


SAFE Boats Partners with NASBLA

safe boats.jpg

SAFE Boats International announced a Mission Partner Sponsorship with the National Association of State Boating Law Administrators (NASBLA). Signed on July 28, 2014, this agreement unifies the interconnected missions of both organizations to jointly enhance the safety and security of our


Woods Hole Group Clinches Multi-Year O&M Contract

  Woods Hole Group will be working with the National Oceanic and Atmospheric Administration, Center for Operational Oceanographic Products and Services for the operation and maintenance of Physical Oceanographic Real Time System along the East Coast of the USA


US Warships Evacuate NOAA Pacific Island Researchers

Hurricane Iselle: Image NOAA

Sailors and Marines from the Makin Island Amphibious Ready Group (ARG) and 11th Marine Expeditionary Unit (MEU) have conducted an emergent recovery of 11 researchers with the National Oceanic and Atmospheric Administration (NOAA) from the Papahnaumokukea Marine National Monument threatened by


Babcock Wins Small Boat Fleet Support Contract

Babcock has begun work under the recently awarded contract from the UK Ministry of Defence (MoD) to provide repair and maintenance to small boats used by the Royal Navy, Royal Marines, British Army and MoD Police,. Babcock is one of the companies appointed by the MoD Commercially Supported


Construction of Flotel Ship for Pemex

  With traditional keel laying, began work today mount flotel tier ship for worker accommodation platforms Pemex Exploration and Production. The vessel, to be delivered in July 2016, measured 131 meters in length and 27 meters wide, and will accommodate 700 people.  






 
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