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FMT INDUSTRIES

TY Offshore Launches Eighth of Eighteen FMT Industries Barges

Photo: TY Offshore

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.  


Horizon Delivers 140’ Towboat for FMT

Photo: Horizon Shipbuilding

Horizon Shipbuilding, Inc., Bayou La Batre, Alabama, has delivered the seventh 140’ towboat for Florida Marine Transporters (FMT). The vessel is named for FMT’s long-time Captain Phillip Box. The M/V Capt. Phillip Box was launched in April, 2014 at Horizon’s Bayou La Batre facility using its 600 metric ton TraveLift. This TraveLift is one of the largest on the Gulf Coast and allows for efficient launch of new vessels as well as quick repair projects.


Genesis Energy Acquires FMT Business

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


Horizon Delivers FMT's M/V BREES

M/V Brees

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


AAPA Cruise Seminar to Explore, Assess Industry Issues

Photo: AAPA

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


New Drydock for FMT Shipyard and Repair

Photo: Gulf Island Marine Fabricators

Gulf Island Marine Fabricators has recently delivered a new drydock named the J.B. Barthelemy to FMT Shipyard and Repair.   The new drydock, which is 180 feet long and 73 feet wide with 63-foot clearance between the wingwalls, seven-foot deep pontoon with 18-foot high wing walls, has a 2,400-short-ton capacity and will be located at FMT Shipyard and Repair yard on the Harvey Canal.    The drydock has a 225 kilowatt genset provided by Kennedy Engine


Indonesia Promotes Ship Component Industry Abroad

According to a September 18 report from The Jakarta Post, the Industry Ministry plans to reinvigorate Indonesia’s ship component industry with a roadshow that is scheduled to meet potential investors from several East Asian countries, including Japan, China and South Korea. The ministry’s director general for transportation, telecommunications and IT industries, Budi Darmadi, said that a strong domestic ship component industry was needed to improve the nation’s shipbuilding


Landing School Develops Women’s Program

WIMI logo.jpg

The Landing School, a post-secondary institution focused on educating tomorrow’s marine industry professionals, announced the development of a community program, the Women in the Marine Industry Initiative. Developed by The Landing School, the intent of this initiative is to support women who are in or wish to join the marine industry in Maine and beyond. The primary goal of the program is to inspire, educate and lead women to a fulfilling and successful career in the marine industry


Horizon Delivers 2 Towboats to FMT

John Cox

  Horizon Shipbuilding Inc. recently delivered two towboats to Florida Marine Transporters. The towboats are the 120’ GIANNA HULL and the 80’ JOHN COX. This is the third vessel Horizon has delivered to Florida Marine Transporters this year. Horizon Shipbuilding, Inc. is a leader in the shipbuilding Industry. We are technologically advanced in our owner created collaboration software. We use the system he created to manage projects in real time thus creating an


Norway Exempts Idled OSV's From License Fee

Owners of ships serving the oil industry will be exempt from paying license fees for 2016 on vessels that have been mothballed, Norway's industry minister said in a statement on Tuesday. The price of crude oil has plunged 70 percent since mid-2014, leading to cutbacks in oil industry investments and lower demand for supply ships, anchor handlers and construction vessels. The fee per ship registered in Norway is about 35,000 Norwegian crowns ($4,000) per year


Wärtsilä Donates Engine to Texas A&M University

The 8-cylinder Wärtsilä 20 diesel engine donated to Texas A&M Galveston is housed in an engineering lab on the University campus. Photo Wartsila

Wärtsilä has donated an 8-cylinder Wärtsilä 20 engine and generating set, to the Marine Engineering Technology Department at Texas A&M University at Galveston. The donation represents a continuation of Wärtsilä's ongoing industry support programme aimed at helping


Asia-N.Europe Box Freight Rates Soar 37 pct

File Image: A containership alongside at the port of Hamburg. (credit port of Hamburg)

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 37 percent to $720 per 20-foot container (TEU) in the week ending on Friday, a person with access to data from the Shanghai Containerized Freight Index told Reuters.


SCA Applauds Funding for New US Ships

The Senate Appropriations Committee this week acknowledged calls for increasing the Navy’s ship count, funding the construction of 10 new ships, as well as providing the U.S. Coast Guard funding for the acquisition of six total new ships.  


SRH Marine and Setel Powerline Pact for Greek Market

Photo: SRH Marine Electronics

 SRH Marine Electronics SA and SETEL PowerLine Ltd have entered a Reseller and Installation Partner Agreement.    Through this cooperation SRH is able to offer a complete and holistic approach to e-Navigation concept through Setel PowerLine specializing in the design and


Maritime Consolidation: Palfinger Aims to Acquire Harding

Palfingers potential acquisition of Harding will help it be less dependent on the whims of the offshore energy markets. (Photo: Palfinger Marine)

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group


STX Sells Lorient Shipyard

Photo: STX France

 The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium.    The shipyard, which has produced civil and naval vessels, will be purchased by Kership, a joint venture between French industrial shipbuilder Piriou and naval manufacturer DCNS. 


Outdated Systems Placing Vessels at Risk of Cyber-Attack

Image: Plymouth University

 Maritime vessels are under significant threat of cyber-attack because many are carrying outdated software and were not designed with cyber security in mind, according to new research.   But operators could easily mitigate against such dangers by updating security systems


Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the heart of the global shipping industry for centuries, the two companies said on Wednesday.


CMA CGM Proceeds with NOL Takeover after China Okay

File Image: A CMA CGM boxship alongside during cargo operations (credit: Marad)

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China, the French group said. CMA CGM received on Wednesday confirmation of the deal's approval by the


Danish Maritime Days Themes Announced

Four themes at this year’s Danish Maritime Days will highlight some of the most important challenges and opportunities which the global maritime industry is facing, organizers said.   Open markets, innovation, sustainability as well as security and safety will be high on the agenda


Dubai Partners with WOC on Ocean Sustainable Dwevelopment

Photo: Dubai Council for Marine & Maritime Industries

 The Dubai Council on Marine and Maritime Industries (DCMMI) and the World Ocean Council (WOC) have agreed to collaborate on ocean sustainable development and corporate ocean responsibility.    The WOC is increasingly working with and through “maritime clusters” to


Port of Caen Orders Damen ASD Tug 2810

Damen ASD Tug 2810, Artist Impression (Photo: Damen Shipyards)

The Port of Caen/Chamber of Commerce & Industry Caen Normandy (Chambre de Commerce et d’industrie de Caen Normandie) has placed an order for a Damen ASD Tug 2810. This follows Damen winning a public tender on December 8, 2015.  


Prosafe Appoints Interim Chairman of the Board

Glen Rødland (Photo: Prosafe)

Prosafe, owner and operator of semi-submersible accommodation vessels, informs that its Chairman, Harald Espedal, has notified the company that he will step down from his position as Chairman and Director of the Board “for work load reasons”.


Meet the Future Surveyor

(Image: DNV GL)

Knut Ørbeck-Nilssen, CEO Maritime, DNV GL discusses the future of class   DNV GL is now integrated and fully armed to address the challenges of the day. Drones for tank inspections? Virtual surveyors? Unmanned ships?   


Zim Sinks to Red

Photo: ZIM Integrated Shipping Services Ltd

 Israeli ocean carrier ZIM Integrated Shipping Services Ltd. (ZIM) has sunk to the red in the first quarter of 2016 after staying in the black for almost a year.   ZIM swung to a $56 million net loss in the first quarter from a $12 million profit in the previous year and revenue was






 
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