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
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 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
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 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
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).
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
Louisiana-based boatbuilder Metal Shark has announced several new contracts with Latin American and Caribbean operators, further expanding the company’s presence in the region. At a recent ceremony with Puerto Rico’s Governor Alejandro Garcia Padilla in San Juan
Low energy prices, depressed day rates and slow growth of bunkering infrastructure has dampened progress for the marine industry’s ‘white knight’ of environmentally friendly fuels. LNG, nevertheless, is here to stay. Slow Start
San Francisco’s Jensen-designed super pumping fireboat is like none that came before her. As a result, the City by the Bay is prepared like never before, for its next crisis. Christened on October 17, appropriately enough on the anniversary of the 1989 Loma Prieta earthquake
At least 12 people drowned when a boat capsized near a town on Tanzania's coast, while at least 27 others were rescued, a senior police official said on Tuesday. The boat capsized in the early hours of the morning with an unknown number of passengers onboard
The City of Amsterdam Fire Department has taken delivery of its new firefighting vessel: the Jan van der Heyde IV. C-Job Naval Architects provided the concept design for the 17.6-meter vessel. Damen Shipyards Hardinxveld executed detailed design, engineering and vessel construction.
Master Marine said it has laid the first keel of four new 67’ x 28’ fleet boats ordered in September. Each boat will be powered by a pair of S6R2-Y3MPTAW Mitsubishi 803 HP tier III diesel marine engines to be operated at 1,400 RPM coupled to Twin Disc 5321 gears
Israel Marine Police delegation visits SAFE Boats International to sea trial final patrol boats under multi-year contract The Israel Marine Police (IMP) visited SAFE Boats International (SBI) this week to inspect and sea trial the final three vessels of 10 new patrol boats under contract
Innovative boats, unusual collaboration: Hornblower, Horizon, Incat Crowther and Metal Shark team up on one of the most significant newbuilding projects of the year. When New York City Mayor Bill de Blasio earlier this year announced the selection of Hornblower to operate as many as 20
All bets would have been lost if one was to predict that I would never find one of the most advanced and modern workboats in the heart of the Norwegian Fjordlands. Sure enough, if you make the trek to Flam through nearly 50 tunnels in between the prominent towns of Bergen and Oslo
On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats. The boats are specially developed in close cooperation with KBV and are a continuation of seven boats already delivered between 2015 and 2016.
The SENER engineering and technology group has signed a new contract with NODOSA SHIPYARD to install its FORAN CAD/CAM/CAE system to design and produce the shipyard's new projects. This contract covers installing permanent FORAN system licenses in all design disciplines (Hull
Megaware KeelGuard, Inc., a worldwide supplier of products designed to protect the smallest fishing boats to the largest Coast Guard fleets since 1992, announced today the launch of its newest boat protection product – PontoonGuard.
Danish builder Tuco Marine said it has delivered a ProZero 10.5m WBW Archipelago multipurpose workboat to the Norwegian Archipelago Services. The vessel is a fast and light and features a hydraulic bow gate and a deck crane for handling cargo over the vessels side, according to the builder
Logistics hubs and Fast Supply Vessels will be key assets in the complex offshore transport solution Petrobras has devised for moving workers and goods, to and from Brazil’s remote pre-salt plays. Here is a look at a modern local shipyards building the heavy-duty aluminum vessels
Five people were killed and around 100 people rescued on Sunday after a fire ripped through a boat carrying tourists to islands north of the Indonesian capital Jakarta, authorities said. Along with five fatalities, 17 people were also injured, said Ferry Budiharso