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
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
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.
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.
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.
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
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.
The uprising shipping market stimulated the ship repair business for yards all over the world in this two years, especially for the Chinese shipyards. The increase of shipping rate for cape size and panamax bulk carriers, particularly the raw material market, consequently caused the rise of ship repair material cost and labor cost. Even so, all the ship repair yards are fully booked by the rolling-in ship owners and managers.
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management, a unit of Greece’s largest shipper Angelicoussis Group, according to Yonhap News.
U.S. Department of Defense informs that Rolls Royce Marine North America, Walpole, Massachusetts, is being awarded a US$9,000,000 firm-fixed-price repair order (N00104-09-G-A755) for the repair of one Marine Trent 30 marine gas turbine engine for the Littoral Combat Ship (LCS) Freedom variant.
Tuco Marine Group says that it has sold its first boat shortly after the launch of ProZero, the new range of boats for the professional market. The vessel was sold in close cooperation with Tuco's Norwegian partner Provide Maritime A/S and was commissioned by Bergen & Omland Friluftsråd
The 2014 Canadian Ferry Operators Association (CFOA) annual AGM & Conference is scheduled to take place September 29-30 in Quebec City. The two-day conference will feature presentations on topics such as energy optimization and sustainability
Record 2014 second quarter earnings per share of $1.31 compared with $1.11 in the 2013 second quarter, which included a $0.07 benefit due to the reduction of the United earnout liability. 2014 third quarter earnings per share guidance range of $1.30 to $1.40 compared with $1
Scottish Salmon Farms has taken delivery of its latest vessel – powered by twin Doosan V158TIH main engines supplied by WaterMota. Designed by consultant naval architects AG Salmon as a multi-role vessel, Sally Ann was built by Arklow Marine Services in Ireland for Scottish Sea
Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of the buyer and where the two tankers are headed. The United Emblem, which is carrying more than 1 million barrels of oil
Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental Management and Occupational Health & Safety Systems. The ISO 9001:2008
Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean Outlet Monitoring services for Western Australia’s Water Corporation.
Burger Boat Company announced that it has received a contract for the construction of an 89-foot (27-meter) steel passenger vessel for Wendella Sightseeing Company, Chicago, Ill. Styled after other vessels in Wendella's fleet, this vessel will be used for their signature Combined Lake and River
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
Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device primarily for carrying out inter-field transfers. They have already found the device to be an invaluable backup method for when
Today in U.S. Naval History - July 30 1918 - Units of First Marine Aviation Force arrive at Brest, France 1941 - Japanese aircraft bomb USS Tutuila (PR-4) at Chungking, China; First Navy ship damaged by Axis during World War II. 1942 - Franklin D
Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal
July 2014 marked the 100th anniversary of the traveling inspection staff, originally created under the Steamboat Inspection Service. These travelers are highly experienced marine inspectors and investigators that help to measure the effectiveness of existing programs and policies.