A number of companies have been showing interest in the sale of Daewoo Shipbuilding & Marine Engineering (DSME.) GS Group has expressed interest to acquire the shipbuilder. According to reports, the group believes it has an advantage over other conglomerates such as POSCO and Doosan. On the contrary, GS believes its acquisition of the shipbuilder will increase synergy with businesses it holds interest in ― energy, engineering and construction. Since 2005, the group put GS Holdings at the forefront to set up a team of mergers and acquisitions (M&A) specialists led by its CEO Suh Kyung-suk for the acquisition of DSME. Source: Times
Following delivery by Damen Shipyards Hardinxveld of two shallow draft Multi Cats 1908 to Coastal Shipping, these versatile workboats were named by Miss Marina van Oord and Mrs. C. Ybema on the 6th of September 2005. Named CS Marine and CS Carmen the vessels will be used for anchor handling, supply duties, towing, hose handling and survey activities. The 19 m vessels will be deployed in the Caspian Sea on a long term contract, supporting the local oil- and gas industry
Around the end of June Moran Towing Corp. of New Canaan, Connecticut will launch the Lisa Moran, a new triple screw push boat at the C&G Boatworks yard in Mobile Alabama. This will be the third push boat in the extensive and varied Moran fleet. The firm’s two existing pushboats were repowered with Cummins engines earlier this year. Three Cummins KTA38 M0 mains, each one producing 850 hp at 1800 rpm, will power the 77 x 30-ft. Lisa Moran
The CS68 ECDIS from Simrad is based on the newly developed, marine dedicated MC50 computer, designed to provide SOLAS vessels with fully approved (Wheelmark) ECDIS. Simrad has coined the phrase PLECDIST - or Paper Less ECDIS for CS68 – to demonstrate that the system really does enable the ability to travel without paper charts. The fully approved and redundant nature of the CS68 ECDIS means that no paper charts are required on board
Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build four container vessels of the type Aker CS 2700 for König & Cie. GmbH & Co. KG in Hamburg (Germany). The total contract value is approximately EUR 160 million. The vessels are due for delivery between the first and third quarter of 2007. The vessels of the type Aker CS 2700 are 221.6 m long and 29.8 m wide, with a deadweight of 37.570 t
British Columbia Ferry Services Inc. (BC Ferries) today released its third quarter results for fiscal 2007/08. The company reported a net loss of $7.8 million for the three months ended December 31, 2007, compared to a net loss of $1.8 million in the same quarter last year. Net earnings before extraordinary gain for the nine-month period ended December 30, 2007 were $67.7 million, down from $82.0 million for the same period in the previous year.
It takes about ten and a half months to complete a 155-ft. supply boat at C&G Boatworks in Bayou LaBatre. So the boat that Janson Graham of Graham Gulf, had started this past July, should deliver some time next April or May. Sea trials for the new vessel will attract some attention, since it is a sister to boats delivered this past spring, but it will have different power. The earlier boats were powered by four 1575 HP engines for a total of 6300 HP
Larry Rigdon, President and Chief Executive Officer of Rigdon Marine, announced that Rigdon Marine Corporation has officially entered the Crewboat and Fast Supply Vessel market with the delivery yesterday of the RIGDON YELLOWFIN. The RIGDON YELLOWFIN was delivered by C&G Boatworks of Mobile, Alabama. Mrs. Margot Jackson christened the RIGDON YELLOWFIN before it was immediately deployed under long term contract to a major oil company in the Gulf of Mexico.
By Mass Communication Specialist 2nd Class (SW) Alexia M. Riveracorrea, , Pacific The Navy's Deep Submergence Unit tested a new system known as the submarine rescue diving and recompression system (SRDRS) with the Chilean submarine CS Simpson (SS-21) Sept. 17-18. The SRDS is designed to be rapidly deployed to any location in the world via air or ground and can be installed on military or commercial vessels when a call for assistance is received
Chicago — CargoWise is continuing its expansion into Canada with the implementation of its ediEnterprise solution for the Canadian-based C.S World Cargo 2000 Ltd and CAN ASL Inc. CargoWise’s rapid expansion into the Canadian market is centered on providing solutions specifically tailored to the needs of Logistics Service Providers (LSP’s) in the Canadian marketplace, particularly with regard to customs brokerage.
Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting
Keppel AmFELS LLC, a wholly owned U.S. subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record.
Intelsat S.A. (formerly known as Intelsat Global Holdings S.A.) announced the pricing of its initial public offering of 19,323,672 common shares at a price of $18.00 per share and concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the
Aimed at everyone in the shipping industry, the Guide explains the fundamental aspects of human behaviour – 'The Human Element'. Based on a wide range of consultations with maritime organisations, the guide was produced by organisational psychologists gs partnership ltd
Unique centrifuge technology by Severn Trent enhances offshore marine solids handling Severn Trent De Nora has recently incorporated the CentraSep® vertical self-discharging (VSD) centrifuge technology from Advanced Separation Technologies (AST) into its solids handling equipment package
US boatbuilders OBX plan new models in its popular 2013 'Express' range of powerboats After the successful launch of the 32 Express at the 2012 Miami and Palm Beach Boatshows, OBX Boatworks is expanding their line up with several new models for 2013. The new models are:
Growing reliance on DP technology, a burgeoning global market and the focus on offshore safety means that DP capabilities are no longer optional. Markets & Trends The requirement for Dynamic Positioning (DP) capabilities on offshore tonnage is growing in leaps and bounds; directly
McDermott awarded Gulf of Mexico Spar hull installation contract for Williams Partners. McDermott International, Inc. announce that one of its subsidiaries has been awarded a contract by Williams Partners L.P. for transportation and installation services for a Spar hull in the Gulf of Mexico.
The Z-Tech 6500, ICDAS 19 has been successfully delivered to ICDAS Port Operations, by sister company, ICDAS Shipyards. This vessel was conceived, constructed and will be operated entirely in house under the parent company; ICDAS Celik Enerji Tersane ve Ulasim A.S, in Turkey.
The Global Container Service Group (GCS) has added new feeder and short-sea links to the list of services calling at the NUTEP terminal in Novorossiysk. Both GCS and NUTEP are members of the Delo Group. X-Press Feeders X-Press Feeders has launched the BSX service to Novorossiysk
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
T.D. Williamson (TDW), a leading provider of pipeline equipment and services, announced that it opened its first office in Korea. This new office will enable TDW to provide customers in the region with technical solutions based upon its specialist pipeline intervention and isolation technologies
Boksa Marine Design, Inc. is pleased to announce its recent hire of Jeffrey Kuenning, who will join the Boksa Marine Design team as a naval architect and marine engineer working in the Lithia, FL office. Kuenning will have an immediate impact on the development of a variety of custom yacht and
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
OceanWorks International announce the successful re-deployment of the VENUS coastal network in the Strait of Georgia after repairs. Placed in Canadian waters in the Strait of Georgia, VENUS is part of the Ocean Networks Canada Observatory, is a cabled undersea laboratory with nodes that provide