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C&G BOAT WORKS

Diana Shipping Enter Contract with Cargill

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v Sideris GS. The gross charter rate is $13,500 per day, minus a 5% commission paid to third parties, for a minimum period of 21 months to maximum of 27 months. The charter is expected to commence in the middle of March 2013. This employment is anticipated to generate approximately $8.5 million of gross revenue for the minimum scheduled period of the charter. The Sideris GS is a 174,186 dwt Capesize dry bulk vessel built in 2006. www.dianashippinginc.com


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


Husky Energy to Release 1st Quarter Results

Husky Energy Inc. will release its first quarter results on Wednesday, April 23, 2003. A conference call for analysts and investors will be held later that day at 4:15. John C.S. Lau, President & Chief executive Officer, Donald R. Ingram, Senior Vice-President, Midstream & Refined Products and Neil D. McGee, Vice- President & Chief Financial Officer will be hosting the call.


Hudong-Zhonghua Selected to Build LNG Carriers

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in .  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). 


CS Unitec's Hydraulic Reciprocating Saw Quickly Cuts Metal and Wood

Hydraulic power for marine, mining, subsea, utility, construction and demolition applications. CS Unitec’s powerful 2 HP Hydraulic Reciprocating Saw is designed for fast, hand-held cutting of metal and wood. The saw’s durability makes this tool perfectly suited for use in subsea, marine, mining, utility, industrial plant maintenance, construction and demolition industries. Model 5 1219 0010 (also known as The SHARK), weighing 13 lbs., quickly cuts pipe and wood up to 6" dia


USN Tests Security Response to Facilities, Personnel

Active-shooter Training: Photo credit USN

USN wraps up large scale security exercise testing response to nationwide threats The Navy wrapped up its largest annual security exercise after a week of training designed to test the service's ability to respond to nation-wide threats to its installations, units, personnel and families. The exercise, known as Solid Curtain-Citadel Shield (SC-CS) 2012, was led by Commander, U.S. Fleet Forces (USFF) and Commander, Navy Installations Command (CNIC)


USS Samuel B. Roberts Makes Port Call to Martinique

Sailors from USS Samuel B. Roberts (FFG 58) "Sammy B" and embarked helicopter detachment, Helicopter Anti-submarine Squadron Light (HSL) 48, arrived in the Port de France Martinique on April 3, for the first port visit of the ship’s Partnership of the Americas (POA) 2007 deployment to South America. Arriving with the Samuel B. Roberts will be the Chilean Navy Frigate Almirante Latorre (FFG 14). Latorre will be working side by side with the “Sammy B” throughout this deployment.


P&O Maritime Services Enters Cable Installation Market

 Image courtesy OMM

P&O Maritime Services, owner and operator of specialist science and cargo vessels, has entered the power cable installation market with its vessel CS European Supporter. The company has signed a long-term agreement with UK-headquartered subsea cable specialists, Offshore Marine Management (OMM), for the provision of a suite of capabilities to be marketed with the entrant cable installation vessel. The European Supporter, formerly Oceanic Viking


Hydrographic Services Review Panel Meeting, Oct 26-27

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Notice of Open Meeting: The Hydrographic Services Review Panel (HSRP) is a Federal Advisory Committee established to advise the Under Secretary of Commerce for Oceans and Atmosphere on matters related to the responsibilities and authorities set forth in section 303 of the Hydrographic Services Improvement Act of 1998, its amendments, and such other appropriate matters that the Under Secretary refers to the Panel for review and advice. DATE AND TIME:


Cover the Guns: Transhield's Armordillo Navy Approved

Photo: Transhield

Transhield, Inc., a manufacturer of high-tech protective covers for commercial and industrial markets, announce that their patented Armordillo protective covers have successfully completed evaluation with the U.S. Navy.  The evaluation of Transhield Armordillo advanced protective cover technology occurred over a nine-month period onboard several surface combatants and at the Naval Research Lab.  As a result of the evaluation


USN Awards General Dynamics $11 Million for Support Services

Photo courtesy of General Dynamics

The U.S. Navy has awarded General Dynamics Electric Boat an $11 million contract to perform non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).


Libya's Coastguard Detains 400 Immigrants

Libya's coastguard has detained more than 400 immigrants, mostly from the Horn of Africa, in its waters in the past two days as they tried to illegally cross to Europe in small boats, Libyan officials said on Thursday.   The coastguard picked up five boatloads of people


KVH Film Considered for Maritime Safety Award

Photo courtesy of KVH

“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc., (Nasdaq: KVHI) is pleased to announce that its 2013 film “The Human Element” has been


Offshore: Seacor Raises the Bar Again

(Courtesy SEACOR Marine)

Long acknowledged as a firm to watch in U.S. crewboat and fast supply boat innovation, Seacor Marine will be attracting industry attention once again when its latest set of new boats begin delivery in 2014. While this new class of mono-hull boats have some big dimensions


On Patrol with the U.S. Coast Guard

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Building programs continue, spanning the full range of missions, despite budget concerns. Amidst all the talk of Beltway budget cutbacks and sequestration, the U.S. Coast Guard is quietly investing approximately $30 billion in major acquisition projects to modernize its physical assets


Australia's Victoria state may sell two biggest ports

Australia's Victoria state government said it may sell Port of Melbourne, the country's largest container and general cargo port, continuing a rush by states to sell major assets to fund new infrastructure projects. Victorian Treasurer Michael O'Brien said the government will commission a


IMTRA Supplies Hydraulic Thrusters for US Navy

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IMTRA, a manufacturer and importer of quality marine products, announced today its Side-Power SH1000 thruster system has been installed on the fourth hull of the 114-foot U.S. Navy Range Training Support Craft (RTSC-110). Selected to replace another supplier used on the previous three builds


Rolls-Royce Water Jets for Windfarm Support Vessels

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Rolls-Royce said it has secured a contract to supply water jets for three wind farm support vessels to be built by South Boats IOW for the offshore wind transfer vessel operator Seacat Services. In what Rolls-Royce called one of the biggest orders made for wind farm workboats


Electric Boat Gets USS Minnesota Refit Funding

USS Minnesota departs Norfolk Jan 2014: Photo credit USN

The U.S. Navy has awarded Electric Boat a US$57.2-million contract to prepare and perform maintenance work on the 'USS Minnesota' (SSN-783), a Virginia-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.


UK Submarine Specialist Shipyard Gets £300-million Investment

HMS Astute: Photo credit MOD

Over the next 8 years BAE Systems’ shipyard in Barrow-in-Furness will undergo a transformation, part- funded by the Ministry of Defence, to improve the infrastructure of a site where submarines have been built for over a century. Around 850 contractors will work on the development at its


With an Interceptor, a RHIB and a Cat

Salthouse Boatbuilders

Two extreme AC72 foiling catamarans with wing sails went head-to-head at over 40 knots in San Francisco Bay, California. The teams were competing in the 2013 Americas Cup Challenge which took place from September 7-21, 2013. Anyone watching the first few days of Americas Cup sailing will know


On Patrol: North River Boats

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ALMAR by North River Boats of Roseburg Oregon recently built and launched the first of three 29 x 10 ft. Liberty Walk Around vessels destined for the San Francisco area. The Liberty family of boats features a Wing Hybrid Foam/Air Fender protecting the exterior perimeter of the boat


Handling Tug Meets the Sea at Uzmar

Photo: Uzmar

On February 21, 2014, Uzmar Shipyard, also known as “Workboat and Tug Factory” of Turkey, held a launching ceremony for the KOC MUSANED-2, the second of total 6 line handling tugs being built for Kuwait Oil Company’s tug fleet


Coast Guard Receives New Response Boats

U.S. Coast Guard photo by David Mosley

U.S. Coast Guard Station Cape Disappointment personnel recently received an upgrade to their small boat fleet, when two new 29-foot, Freedom Class, Response Boat – Small, were delivered and put into operation, replacing the 25-foot, defender class, Response Boat – Small.


GD Electric Boat Awarded US$11-million Navy Contract

USS Virginia: Photo credit USN

Amongst the latest listing of US Department of Defense, Navy contracts, GD Electric Boat is awarded a contract to provide submarine repairs. Details as follows: General Dynamics, Electric Boat Corp., Groton, Conn., is awarded an $11,000


 
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