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EASTERN MARINE

Eastern to Build Offshore Vessel for Harvey Gulf

Image: Eastern Shipbuilding

Eastern Shipbuilding announced that on, Wednesday July 16, 2014, Harvey Gulf International Marine, Inc. (HGIM) and Eastern Shipbuilding Group, Inc. (ESG) entered into a contract to construct a new Robert Allan, LTD. (RAL) RAmpage 6400 Multipurpose Field Support Vessel (MPFSV) at Eastern’s Panama City, Florida facilities. The RAL design is designated RAmpage 6400 and Eastern Hull No. 234; the vessel will begin a 10-year charter when delivered in April, 2016. Harvey Gulf is Eastern’s long term offshore vessel client; now contracting its 14th offshore vessel over the past 13 years. This contract continues Eastern’s long term commitment and history of being one of the most successful U.S. shipbuilders in the offshore marine shipbuilding industry. Eastern will continue to provide better services and grow its facilities along with its strong workforce of men and women who are always eager for the next new construction, conversion or repair challenge. Robert Allan, LTD (RAL) of Vancouver, B.C. will be providing this detailed MPFSV Hybrid design and engineering providing better diesel fuel efficiencies than typical vessels of the same class during various offshore operating conditions. Eastern Shipbuilding Group, Inc. is again a part of Harvey Gulf International Marine’s ongoing growth specializing in towing drilling rigs and providing Offshore Supply and Multipurpose Support Vessels for deepwater water operations in the U.S. Gulf of Mexico.


ESG Deliver Towboat, Launch PSV

Bravante lX Christening: Photo courtesy of ESG

Eastern Shipbuilding Group, Inc. informs that it has delivered the towboat MV Kimberly Hidalgo to Florida Marine, and on the same day launched the Platform Support Vessel (PSV) MV Bravante lX for Boldini S.A., Bravante Group of Brazil. 1. Delivery of MV Kimberly Hidalgo The new tugboat is  one of a series with EPA Tier 3 main propulsion engines and generators delivered to Florida Marine. The vessel is powered by two (2) Caterpillar 3512C Tier 3 diesel engines rated at 1,500 HP at 1


Lang Expands Management Team

Lang Manufacturing Company, cooking solutions provider, has appointed new sales managers for its national and international sales coverage. Kenneth Fader was named national accounts manager for the eastern region; Mark Pumphret as eastern regional sales manager, and Jon Walker as director of government contracts, marine & international sales.


STX Marine Awarded Eastern Shipbuilding Contracts

Image courtesy STX Marine

STX Marine will provide the designs for two new contracts recently secured by Eastern Shipbuilding Group in Panama City, Fla. The first contract is for a 310-ft Multi-Purpose Light Construction Vessel for Harvey Gulf International LLC.  The new LCV300, to be named Harver Deep-Sea, will be an enhanced version of the STX Marine’s SV300 currently being constructed for Harvey Gulf Marine at Eastern Shipbuilding and will include accommodation for 71 persons; a 165 tonne AHC deck crane;


Eastern Shipbuilding Delivers Third Tiger Shark Vessel to Harvey Gulf

 The HARVEY CHAMPION was delivered on August 7th, 2012

Eastern Shipbuilding Group Delivers Third “Tiger Shark Class” Vessel to Harvey Gulf International Marine. Eastern Shipbuilding Group, Inc. is pleased to announce the early delivery of the HARVEY CHAMPION, the third of three (3) 292 ft. Tiger Shark Class, Offshore Support Vessels being constructed for Harvey Gulf International Marine, LLC of New Orleans, LA. The HARVEY CHAMPION was delivered on August 7th, 2012 after successfully completing dock trials


Eastern Shipbuilding Delivers Tug, Launches PSV

Launch of PSV Bravante Vlll

Eastern Shipbuilding Group, Inc. says it has delivered the tugboat M/V JAMES DALE ROBIN to Florida Marine Transporters, Inc. of Mandeville, LA. and not long before that christened and launched the Platform Supply Vessel (PSV) M/V BRAVANTE VIII for Boldini S.A., BRAVANTE GROUP of Brazil. Tug JAMES DALE ROBIN In 2013 Florida Marine Transporters, Inc. exercised more options for five additional 90’x32’x10’ Inland Towboats


McDermott Marine: Volume is Up

McDermott Marine: Volume is Up McDermott International, Inc. reported net income of $19.3 million on revenues of $591.2 million for the quarter ended September 30, 2001. Earnings were up 245% as compared to the same quarter last year, when net income was $5.6 million, or $0.09 a diluted share. Revenues increased by more than 50% over the third quarter last year, when revenues were $391 million. Operating income was $33.6 million in the third quarter of 2001, compared to $12


MMS Study of Loop Current in Eastern GOM

A study released by the Minerals Management Service examines the circulation in the Eastern Gulf of Mexico (GOM) and sheds new light on the behavior of the Loop Current (LC) and Loop Current Eddies (LCEs), the relation between the upper- and lower-layer currents, and the variability of water mass characteristics in deepwater. When the LC and the LCE are present in the Gulf near oil and gas activities, operators may have to curtail or amend their operations due to the strength of the current


FMT Signs on for Another Eastern Towboat

Photo courtesy of Eastern Shipbuilding

Eastern Shipbuilding Group, Inc. announced that Florida Marine Transporters, Inc. of Mandeville, La. exercised one additional 90’x32’x10’ Canal Class Inland Towboat to the five vessel program currently under contract. On August 5, 2014, Florida Marine Transporters, Inc. signed the sixth vessel and with this additional towboat brings the total to sixty-one (61) vessels contracted. This option vessel adds one more towboat that will be constructed from the design furnished by


ESG Holds HOSMAX Double Launch Event

HOS Brairwood

Eastern Shipbuilding Group, Inc. held its third HOSMAX Double Event in Panama City, Florida. On Friday, October 24, 2014, the christening and subsequent launching of the HOS Brairwood (Hull 210) the 10th HOSMAX launch in 20 months, followed with the same day delivery of the HOS Black Watch  (Hull 208) both for Hornbeck Offshore Services, LLC. The launch event was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests in attendance with an afternoon of


SCI Declares 1H Financial Results

SCI Tanker

  The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a loss of Rs.123.53 crores during the quarter ended 30.09.2013. This has resulted in a cumulative profit of Rs.68


Study: US Offshore Holds Huge Untapped Potential

Credit: Chevron - Statoil ASA

New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the


Transas Launches Web Map Service

Transas web map

  Transas Marine has launched Transas Web Map Service (WMS)to provide transparent and easy access to navigation charts through common interface. Access to comprehensive mapping data is a powerful tool for developers of online web-based and mobile apps who can now use Transas’ top-notch


India Seeks Private Cash for Intermodal Bridge

Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017 to build rail lines linking ports and national networks to ease growing congestion


Eastern's Columbia on Display in Fort Lauderdale

The modernized steel hull Columbia replica is based on the classic 1923 design. (Photo: Eastern Shipbuilding Group)

Eastern Shipbuilding Group’s reengineered Columbia, built from the original design plans of the classic 1923 Essex-built schooner, will be on display at the Fort Lauderdale International Boat Show, October 30-November 3, 2014. The original Columbia


Wallem Adds Three Ship Simulators in Ukraine

Fared Khan

The Wallem Maritime Training Center in Odessa, Ukraine added three training simulators: bridge simulator (Transas NT-PRO 5000 5.25), engine room simulator (Transas Techsim 5000 8.3) and liquid cargo handling simulator (Transas LCHS 5000). The equipment will be used to simultaneously train deck and


Libyan Government: Ports, Oil Fields Safe

Libyan oil ports and fields are safe and under government control, the country's interior minister said on Friday after visting the eastern Brega port. "This visit is a message to the world and Libya that the Libyan state is controlling the oilfelds and ports


Libyan Rebel Refuses to Hand Over Oil Ports

Libyan militia leader Ibrahim al-Jathran

A former Libyan rebel leader, who seized oil ports in the past to campaign for eastern autonomy, said he had turned down an offer to join an armed group challenging the internationally-recognized government. The loyalty of Ibrahim Jathran to the government is key to ensure that three oil ports


EMGS Receives LoI for BOA Thalassa

BOA Thalassa

  Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar.   "This is the first time we operate for this customer and also the first time we operate in Thailand and we are


Heavy Clashes Near Benghazi Seaport

Heavy fighting broke out near the seaport of Libya's eastern Benghazi city on Monday as the army, backed by forces loyal to a former general, attacked Islamist groups, residents said. Dozens of residents were leaving the city, heeding a call by the army to evacuate the port area where military


Violence Closes Libya's Benghazi Port

Libya has closed Benghazi's commercial port due to clashes between the army and Islamist fighters in the area, a port official said on Tuesday. "All ship movements and discharging of imports have been stopped," said the official


G E Shipping to buy Product Tanker

Image

  The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,700 dwt on 4th November, 2014. The 2004 Japanese built vessel is expected to join the Company’s fleet in the current quarter.


Libyan Protesters Stop Oil Exports from Eastern Hariga Port

Libyan Protesters

  Libyan state security guards have started a protest at the eastern Hariga oil port, banning any oil exports, a Libyan oil official said on Saturday. A tanker had been waiting for three days to lift oil but the guards did not allow it, the official said, asking not to be named


Caterpillar's Rich Moore to Speak at Goldman Sachs 2014

  Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available.


Matson To Acquire Horizon's Alaska Operations

The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations. A Matson Investor Conference Call has been acheduled for 5:00 PM






 
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