TY Offshore, LLC launched the FMT 3256, the eighth of eighteen 297’6” x 54’ x 12’, 30,000 barrel tank barges for FMT Industries, LLC, one of the several companies within the Florida Marine Group. FMT Industries recently exercised its option for four additional barges from its original order of ten. The barges are being built at TY Offshore’s Gulfport, Mississippi facility. Additional barge launches will follow at thirty day intervals. TY Offshore continues with builds, orders and milestones: •Total of six Harvey Gulf International 302’ x 64’ (92m x 19.5m) Dual Fuel Supply Vessels, Harvey Gulf having exercised its option for three additional DFSVs from its original order of three. •Two of a total order of 10 90’ MK V patrol boats are also under construction, eight having already been delivered. •Up to 15 42’ waterjet propelled aluminum hull/composite superstructure crewboats under construction. •In early 2012, TY Offshore delivered two Signet Maritime Corporation 100’ RAstar 3100 Class Terminal Support/Escort Tugs. •In response to the BP oil spill, TY Offshore delivered a total of 23 oil recovery vessels.
Genesis Energy, L.P. has completed the previously announced acquisition of the black oil barge transportation business of Florida Marine Transporters, Inc. and its affiliates (FMT). The purchase price was $141 million plus customary adjustments. The acquired business is comprised of 30 barges (seven of which are being sub-leased under similar terms of an existing FMT lease) and 14 push/tow boats which transport heavy refined petroleum products
Bayou La Batre, August, 2011 - Horizon Shipbuilding, Inc., Bayou La Batre, AL, has delivered the third in a series of 120’ Towboats to Florida Marine Transporters of Mandeville, LA. The M/V Brees joins her sister ships, M/V’s Capt. W. D. Nunley and Capt. Kirby Dupuis in pushing cargoes throughout the inland waterways of the United States. “This boat is a true workhorse,” said Ben Forrest, Project Manager for the M/V Brees
April 24-26 event in San Francisco to cover new developments and opportunities in cruise management, planning and compliance The American Association of Port Authorities’ (AAPA) 2013 Cruise Seminar in San Francisco, April 24-26, will kick off with a candid look inside the cruise industry from the perspective of four key cruise line executives and end with a tour of the Port of San Francisco to see the impact of the America’s Cup on port operations
Evergreen Vice Group Chairman Chang Kuo-Cheng urged the international transportation industry to “come together – ocean carriers, ports, terminals, inland carriers and shippers – to develop new ways to protect the environment for future generations while we maintain the efficiency of our global network”. As the keynote speaker at the annual Transpacific Maritime Conference (TPM) in Los Angeles, Mr Chang, who is also Chairman of Evergreen Marine Corporation, said:
The Gulf of Mexico's offshore petroleum industry is far from recovering from hurricanes Katrina and Rita, and at least one-sixth of the region's normal daily oil production will still be offline at the start of next storm season, the AP reported. Katrina and Rita destroyed 115 of the Gulf's 4,000 production platforms and damaged another 52, according to a report released last week by the Minerals Management Service, which manages federal offshore leases
It was 50 years ago that Malcom McLean, an entrepreneur from North Carolina, loaded a ship with 58 35-foot containers and sailed from Newark, N.J., to Houston. He was the first to design a transportation system around the packaging of cargo in huge metal boxes that could be loaded and unloaded by cranes. Container shipping eventually replaced the traditional "break-bulk" method of handling crates, barrels and bags, and stowing them loose in a ship's hold
San Francisco’s cruise ship industry is booming. After years of declining business, the dry dock’s return to financial health means blue-collar jobs growth, tourist spending by visiting crews, sales tax for the city and fees for the Port of San Francisco. At least six, and possibly eight, cruise ships will be dry-docked there this year, up from one in 2000. Each contract generally ranges from $1 million to $5 million for piping, electrical, plumbing and painting upgrades
Insurance underwriters and average adjusters have welcomed the recent publication of BIMCO’s Standard General Average Absorption Clause. It is hoped that the initiative will help to promote a broad move away from declaring general average for small and uneconomic claims in all sectors of the industry. The Standard Absorption Clause is designed to be of benefit both to shipowners and insurers by avoiding the time and expense associated with pursuing small general average claims
Global Industries, Ltd. has signed a definitive purchase agreement to acquire ETPM, SA, a leading international offshore construction company wholly-owned by Groupe GTM, the construction affiliate of French utility Suez Lyonnaise des Eaux. The combined company will be the largest offshore construction company in market capitalization with combined 1998 revenues of approximately $1.3 billion. ETPM provides a full range of turnkey services, including design, procurement, fabrication
In the search to find EPA Vessel General Permit (VGP) compliant lubricants, ship owners don't have to sacrifice performance or competitive pricing to meet the regulations. Panolin America offers a range of Greenmarine environmentally considerate lubricants
At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24), the views of the global shipping industry were represented by the International Chamber of Shipping (ICS)
Strong revenue growth will continue over the next five years as AUV's (Autonomous Underwater Vehicle) are increasingly used in commercial scenarios predicts IBISWorld's market research. The Autonomous Underwater Vehicle (AUV) Manufacturing industry has generated robust growth over the past five
Norway's SinOceanic Shipping ASA facilitates newbuilding orders for 10 x 8,800 TEU containerships at Jinhai Heavy Industries. On behalf of foreign interests, SinOceanic Shipping ASA says it has entered into a contract with Jinhai Heavy Industries, China
FMC Technologies, Inc. to support Shell's ultra-deepwater project in the Walker Ridge area of the Gulf of Mexico. Stones is located approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water.
Gulfstream Services, Inc. (GSI), an oilfield rental company providing high pressure equipment for the international oil and gas industry, has named Dale Broussard as Manager – Quality Assurance (QA) and Health, Safety and Environment (HSE), announced Gulfstream Services President Mike Mire
Baker, Lyman and Co., Inc. hired John Scarborough as senior consultant. He is an authorized agent for Germanischer Lloyd on the Corsair Towing Safety Management Systems (TSMS) Strategic Alliance for Subchapter M compliance software for the domestic towing industry.
Quest Specialty Chemicals, a company in the specialty coatings industry, announced the appointment of Rick Martin as Chief Financial Officer, effective immediately. Martin has an experience in finance within a number of global industrial businesses
Cruise Lines International Association (CLIA) has announced that its Board of Directors approved the adoption of a Cruise Industry Passenger Bill of Rights detailing CLIA members' commitment to the safety, comfort and care of guests in a number of important areas.
Maritime security specialist, Ambrey Risk, based in Herefordshire, U.K., launched a new training and recruitment website: www.ambreytraining.com, outlining their training programs and recruitment opportunities for security professionals, in addition to those wishing to enter the business.
The latest report from Ti, Global Transport and Logistics Financial Analysis 2013, reveals the winners and losers in the global logistics industry over what has been a tempestuous six year period. Analyzing the financial accounts of 20 of the world’s largest publicly quoted express
The Rt Hon Edward Davey MP, Secretary of State for Energy and Climate Change, joined GDF SUEZ E&P U.K. in Aberdeen yesterday to witness the signing of another major contract with the U.K. supply chain for the Cygnus project. The deal with Burntisland Fabrication Ltd (BiFab) to construct
Since the integration of Ned-Deck Marine into the Palfinger Group in 2010, the Business Area Palfinger Marine said it has strengthened its position as a deck equipment supplier in the maritime, offshore and wind industries worldwide. Based on these developments
At the 27th Annual Asian Freight and Supply Chain Awards of Cargonews Asia, Hamburg Süd was awarded the title “Best Green Service Provider - Shipping Line” for the second time after 2012. The award ceremony took place in Beijing on May 9 in front of some 300
Greek Shipping Minister Kostis Moussouroulis announced the orders for Chinese shipbuilders on his recent visit to Shanghai. The orders, which were signed in April, accounted for more than 60 percent of the recent global orders of Greek shipowners, reported Xinhua, citing the Greek minister.