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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.  


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


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


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


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


Swift Appointed Foundation GM

Captain Peter J. Swift has been appointed as the General Manager of the Maritime Industry Foundation. He takes up his new position with effect from June 2007. Before joining the Maritime Industry Foundation, Captain Swift spent forty eight years in the maritime industry. Twenty of those years were at sea, with command experience on LNG carriers, OBOs and aframax tankers. Shore experience included marine operations and technical management positions with P & O Bulk Shipping Division


New Website for Great Lakes Shipping

American Century web.jpg

Members of the Great Lakes-St. Lawrence Seaway shipping industry have launched a new, one-stop website resource at www.marinedelivers.com to highlight the economic, environmental and safety benefits of the bi-national navigation system. The redesigned site, which is aimed at both U.S. and Canadian audiences, will serve as a platform for industry news and announcements, economic statistics, safety information and environmental success stories. The website includes:


Chinese Shipbuilder Wins 2012 Award

Luan Xiao Ming, Chief Operating Officer and Executive Director of China Rongsheng Heavy Industries: Photo Rongsheng

China Rongsheng Heavy Industries wins the 'Seatrade Global Performer 2012' award China Rongsheng Heavy Industries, a privately owned enterprise from China, was awarded the “Seatrade Global Performer 2012” at a ceremony in London.
 Mr. Luan Xiao Ming, Chief Operating Officer and Executive Director of China Rongsheng Heavy Industries, received the award on behalf of the Group. Mr. Luan said, “China Rongsheng Heavy Industries was very honoured to receive this prestigious


Sustainable Ocean Summit Final Program Available

Photo: World Ocean Council

The SOS 2013 program will take on the issues that are challenging access to ocean areas and resources by responsible industry operators. Click here to see the program. This global gathering of the diverse ocean business community is not a conference to discuss the issues, enjoy some networking and hope someone else will do something. The SOS is a working meeting to advance industry leadership and collaboration on shared ocean sustainability risks and opportunities through WOC programs


Homeland Security Secretary Visits Ingalls Shipbuilding

Ingall Shipbbuilding visit: Photo credit HII

Huntington Ingalls Industries' Ingalls Shipbuilding division apprises it has hosted a visit by Secretary of Homeland Security Secretary Jeh Johnson and U.S. Rep. Steven Palazzo (R-Miss.). In the course of their visit the guests toured the shipyard and the Ingalls-built National Security Cutter


Bunker Specialists Endofa Name Hoffmann CEO

Lars Hoffmann: Photo Endofa

Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann served as Chief Executive Officer for Shipping.dk.  He also served on the board of the Danish Shipbrokers Association.


RS at SEA JAPAN 2014

Russian Maritime of Shipping stall

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry. The event which brought together the leading industry representatives of the world took place between 9 to


Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices

  Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower product prices offset rises in production and sales volumes. SABIC made a net profit of 6.44 billion riyals ($1


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


Tsuneishi to build shipyard in Indonesia -

Philippine shipbuilder Tsuneishi Heavy Industries Inc plans to expand into Indonesia this year, said CEO Hitoshi Kono, adding that the firm plans to build a shipyard here. (Investor Daily) Note: Reuters has not verified this story and does not vouch for its accuracy.


Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Valiant: Photo Maersk Drilling

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with


Nigeria Maritime Academy Gets Bridge Simulator

Photo courtesy NAUTIS

A NAUTIS Full Mission Bridge Simulator was purchased and delivered to the Maritime Academy of Nigeria in Oron. The new simulator will be used to provide qualitative education and training for the merchant Navy and maritime industry in full accordance with international standards.


Ecoshield Wins Industry Award

Photo courtesy Hydrex

Subsea Industries, a Hydrex company, announced that its Ecoshield coating system, which offers protection from cavitation and corrosion/erosion damage for ship hulls, rudders and ship underwater running gear, has been recognized with an industry award.


YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received in June and supplied to domestic thermoelectrical companies, according to a document seen by Reuters on Thursday.


Kvichak-built Hovercraft for Sale

SUNAX (Photo courtexy Kvichak)

The 95’ BHT-150 hovercraft SUNAX, built by Kvichak Marine Industries and owned and operated by Aleutians East Borough, is for sale through public competitive bid.  The hovercraft will be sold through a sealed bid process. An IFB package will be available May 15, 2014


McDermott Signs Agreement for North Sea Spoolbase

© McDermott International

McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015.


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to improve welding efficiency and coating quality in commercial vessels. Until now


Commodity Giant Steps out of the Shadows

Photo: Trafigura

A detailed new case study scrutinizing the risk-management Swiss-based Trafigura is the latest effort to "demystify" the once-secretive commodity trading industry, just big merchants seek to fill a void being left by Wall Street banks.


 
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