Gary Sauder has been named President of GS-Hydro, North America. GS-Hydro is a leading supplier of industrial hydraulic piping that does not require welding. The company designs and supplies piping systems worldwide for the industrial, automotive, marine, offshore oil, and gas markets. It has offices, warehousing, and manufacturing facilities located throughout Europe, North America, and Asia. Sauder’s immediate responsibilities will be to implement a strategic plan to move the U.S. facilities, currently located in Connecticut, to Houston, Texas. The expansion plan is designed to position the operation closer to the company’s growing offshore market base in the Gulf. The Houston location proves to be more centralized in serving other key customer segments as well. Sauder brings a wealth of experience to his new post at GS-Hydro. He has been with Hägglunds for over 20 years, beginning with the company’s service group in Houston from 1983 through 1987, where he was involved in repairs, installations, and start-ups and rose to the position of Service Coordinator.
Aluminum Chambered Boats, Inc., Bellingham Wash., is being awarded a $12,824,070 firm-fixed-priced order no. M67854-08-F-5038 under GSA contract no. GS-07-F-0133M for 42 bridge erection boats, 42 trailers, 42 technical manuals, and 42 warranties. Work will be performed in Bellingham Wash., and work is expected to be completed Jul. 2009. Contract funds will not expire by the end of the current fiscal year. This contract was competed on GSA
YAYASAN Sabah Shipping (YSS) and Gagasan Carriers Sdn Bhd (GCSB) have formed a joint-venture company, under which it will acquire two new chemical tankers costing $39 million. The formation of the joint-venture company, GS Tankers Sdn Bhd, is the culmination of a four-year strategic alliance between YSS and GCSB in managing and operating YSS' first chemical tanker, Danum. A joint-venture agreement between YSS and GCSB was formalized in Kota Kinabalu, Sabah.
MarineNews: What did you do before coming to Senesco Marine, and how did you get into the shipbuilding industry? How does your former field compare/contrast with the marine business? Gary Schuler: I served as CEO of Bostitch, a $500 million producer of pneumatic tools and fasteners, from 1980-1990. After leaving there, I was involved in some turnaround situations before joining an investment partnership. The majority investor at Senesco Marine, whom I've know for about 20 years
Hyundai Heavy Industries said it will make an independent bid together with its two affiliates for a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME), according to Korea Times. The remarks come after SK Energy said it is considering joining a consortium led by POSCO. Industry experts say SK Energy will join the POSCO-led consortium and plans to invest less than about $90m, a token amount for the size of Daewoo Shipbuilding.
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. The gross charter rate is $13,500 per day, minus a 5% commission paid to third parties, for a minimum period of 21 months to maximum of 27 months
Volvo Penta is developing the power output of its marine gasoline engines with up to an additional 20 hp. With power ratings of up to 320 hp, the upgraded gasoline engines become faster and more reliable - while at the same time beginning this year they are being delivered in the classic Volvo Penta red color. Most of Volvo Penta's 6- and 8-cylinder gasoline engines are being further developed for the 2002 model year
Diana Shipping Inc. announced that it has agreed to purchase from an unaffiliated third party, a Capesize dry bulk carrier of approximately 175,000 dwt, currently under construction by Shanghai Waigaoqiao Shipbuilding Co., Ltd. for a price of $91 million. The vessel, to be named Sideris GS, is expected to be delivered to the Company by the sellers immediately upon completion of its construction in or about December 2006.
Lady Sponsor Mrs Brenda Harvey (third from left) is accompanied by (from left) Mr CY Ho, Director of Keppel AmFELS, Mr GS Tan, President of Keppel AmFELS, Mr Michael Harvey, Director of Scorpion, Mr Jon Cole, President and CEO of Scorpion, Mrs Cole, Mr CH Tong, Chairman of Keppel AmFELS, Mr Donny Rials, Project Manager of Scorpion, Mr Oscar Lopez, Project Manager of Keppel AmFELS and Mr Gabe Padilla, Vice-President (Engineering) of Scorpion.
U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday, as energy firms keep slashing spending despite a more than 50 percent jump in crude futures since hitting a near 13-year low in February. Drillers cut 3 oil rigs in the week to April 15, bringing the total rig count down to 351, Baker Hughes said in its closely followed report.
Crowley Maritime awarded six U.S. Merchant Marine Academy (USMMA) cadets with Thomas B. Crowley Memorial Scholarships during the Containerization and Intermodal Institute’s Connie Awards luncheon in Newark, N.J. Crowley’s Jenny Terpenning, supervisor, marine recruiting
Hyundai Merchant Marine says still in talks to join 2M; joining an alliance was precondition for HMM debt relief. Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the
The auction for the rights to the wind farm off the coast of New York has encountered pushback from fishing groups concerned about the impact a large-scale wind project will have on the access to prime fishing areas. The U.S. Bureau of Ocean Energy Management (BOEM) was set to administer the
Dellner Brakes AB chose the 2016 International WorkBoat Show in New Orleans to launch its portfolio of technologically advanced braking solutions, including the world’s first fully automated, electrical ‘stop, turn, lock’ (eSTL) system, to the U.S. marine market.
ZF Marine, the marine business unit of the global ZF Group, said it has secured a new location for its Gulf of Mexico/Inland Waterway sales and service operations. The company opened its wholly owned location in the greater New Orleans area in late 1996
British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business to save an extra 50 million pounds ($63 million) a year, responding to weak demand from shipping and energy customers. The marine business
PBES and Høglund Marine Automation today announced a partnership agreement to industrial quality energy storage for hybrid and fully electric commercial marine vessels. The partnership agreement underscores the on-going green shift that is now occurring in the commercial marine industry.
Evac Group, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries, has acquired Uson Marine. The acquisition is expected to increase Evac’s market share in dry and wet waste management systems
Taiwan's shipping lines aren't looking quite so young and fresh as they were earlier, reports Bloomberg. While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12 months, Taiwan's shipping lines have remained proudly single.
Horizon Shipbuilding is in the process of installing the first production EPA Tier 4 certified units of its 3516E EPA CAT Marine engines, on a pair of tugs it is building for McAllister Towing & Transportation Co., Inc. The pair of 100 foot azimuth stern-drive (ASD) escort and rescue
Stewart B. Nelson, Ph.D. - B. June 9, 1937 D. September 12, 2016 Dr. Stewart B. Nelson URI -MMA 1974, oceanographer, explorer, author, lecturer and marine historian passed away of complications related to cancer on September 12, 2016 in Tampa, Fla
Parker Bestobell Marine, part of Parker Hannifin, has won a contract to supply cryogenic globe and check valves for two Caledonian MacBrayne Ferries (Calmac) being built at Ferguson Marine Engineering in Glasgow. The valves will be installed in the liquid natural gas (LNG) fuel gas
Survitec Group, a provider of critical safety and survival technology to the marine and defence markets, has announced the completion of its merger with Wilhelmsen’s marine safety business. The deal includes the transfer of all Wilhelmsen Maritime Services AS (WMS)’
GE’s Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. The LM2500 gas turbines will be provided by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine division, Bangalore, India under license from GE.
A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new