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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


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: · 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.


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


Company Fined for Oil Spill Near Anacortes

Ecology issues $112,500 penalty for sunken vessel.   American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel, the Clam Digger, in July 2013 near Anacortes. The Washington Department of Ecology investigated the cause of the sinking


Charter Boat Crew Rescued in Gulf of Mexico

The 29-foot fishing charter boat Reel Deep went missing Monday, July 28, 2014. (USCG photo)

U.S. Coast Guard search and rescue crews worked throughout the night to find a missing charter boat with four people aboard as far as 70 miles off Galveston. A Coast Guard HC-144 aircrew located them about 40 miles offshore as they started the last leg of their search Tuesday at 10:33 a.m.


Messer's CEO Norville Announces Retirement

Bill Heller (left), new President and CEO of Messer Cutting Systems; and retiring President and CEO Gary Norville. In the Background is Messer’s Titan III Cutting Machine

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines. Norville worked in many different departments during his career with Messer


Metal Shark’s New Yard Now Operational

Construction has commenced on the first new Metal Shark 75 Endurance-class catamaran at the companys new shipyard in Franklin, Louisiana. (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal


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


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


Homecoming Scotland 2014 Fireball Championships

An exciting week of sailing with the 2014 Fireball European Championships taking place at the port

  Lerwick Harbour is ready for an exciting week of sailing with the 2014 Fireball European Championships taking place at the port next week. As a warm-up to the main event, the Shetland Fireball Championships will be held this afternoon and tomorrow.


Dredging at Jurong Port, Singapore

Jurong Port, Singapore

  Dredging work will be carried out at Keppel Shipyard Benoi Road, off West Jurong Channel, from 28 July to 30 September. As per the Maritime and Port Authority of Singapore Port Marine Notice No.98 of 2014, the works will be conducted 24 hours daily - including Sundays & Public






 
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