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G & G MARINE

Colsa Corp Receives $7.7M Contract

Colsa Corp., Huntsville, Ala., is being awarded a $7,761,671 indefinite-delivery/ indefinite-quantity, cost-plus-fixed-fee contract to provide research, analysis, design, modification, documentation, configuration management, and engineering support services for the Data Link Test Tools (DLTT) and Gateway Systems (GS). DLTT and GS support the development, integration, and implementation of tactical data links and are used in performing interoperability testing across numerous land-based test facilities. This contract contains one four-year option, and one three-year award term, which, if exercised, will bring the total cumulative value of this contract to $68,534,164. Work will be performed in San Diego, Calif., and work is expected to be completed October 2008. This contract was competitively procured via publication in Federal Business Opportunities website, and posting to the Space and Naval Warfare e-Commerce Central website, with one offer received. The Space and Naval Warfare Systems Center, San Diego, Calif., is the contracting activity.


Hyundai to Make a Bid for Daewoo

Hyundai Heavy Industries Co. plans to bid for a $3.1b controlling stake in Daewoo Shipbuilding & Marine Engineering Co. reports said. A preliminary offer will be submitted Wednesday. The preferred bidder will be announced in September and the sale will be completed by the end of October, according to the policy lender. Hyundai Heavy will compete with Posco, GS Group and Hanwha Group for the 50.4 percent holding being sold by state-run Korea Development Bank and Korea Asset Management Corp


Diana Shipping Acquires New Vessel

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.


Guide to Human Element in Shipping Published

The Human Element: Photo courtesy of the publishers

Aimed at everyone in the shipping industry, the Guide explains the fundamental aspects of human behaviour – 'The Human Element'. Based on a wide range of consultations with maritime organisations, the guide was produced by organisational psychologists gs partnership ltd, for consortium partners UK Maritime & Coastguard Agency, BP Shipping,Teekay Marine Services, and the Standard P&I Club. Aimed at everyone in the shipping industry


New Gasoline Engines from Volvo Penta

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


Asia Buyers Wary of U.S. Condensate Test Results

Petchem producers unlikely to buy due to impurities in oil. Big middle distillates yield, less naphtha, LPG; wide variance in API gravities in assays, samples. Tests on samples of the same type of U.S. condensate now heading to South Korea and Japan have raised questions about the ultra-light crude's suitability for use in Asia, sources said, making some potential buyers wary about taking the oil. The uncertainty could delay a rapid build-up in the flow of U.S


Intelsat Proposes Public Offering of Common Shares

Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the "Series A preferred shares"). The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission


Slowing Down the Revolving Door

In the wake of the recent ethics scandal at Boeing1, Congress has begun to focus on the many issues that arise when government contractors hire former federal government employees. Because of Congress' involvement, government contractors are under close scrutiny when they hire such individuals, particularly those with whom the contractor had dealings prior to the offer of employment. While the "revolving door" between the federal government and private industry is controlled by the 1996


MN 100: Donjon Marine Co., Inc.

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100 Central Avenue Hillside, New Jersey 07205 Tel: (908) 964-8812  Email: info@donjon.com Website: www.donjon.com President & CEO: J. Arnold Witte The Company: Donjon Marine Co., Inc. offers the marine community full-service solutions to meet every need in the field of marine salvage, dredging, material recycling and related services. Founded in 1964, Donjon Marine’s principal business activities were marine salvage, marine transportation, and related services


Sumitomo And Mitsui Finalize Merger Conditions

Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. on Tuesday announced terms under which they will merge next October, creating Japan's largest non-life insurer with assets of 5.7 trillion yen ($51.6 billion). In a joint statement, the companies said 1.09 Mitsui Marine shares will be allocated for one Sumitomo Marine share. The merged entity will be named Mitsui Sumitomo Insurance Co. with Mitsui Marine president Takeo Iguchi and Sumitomo Marine president


Fednav Celebrates Anniversary Trio in Cleveland

Photo: Fednav

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner service from FALLine and 50 years since the


Marine Insurance & the “Human Factor”

Insurance underwriters of diversified maritime exposures see a wide variety of approaches taken by vessel operators to manage human error to control risk. They have found through experience that the majority of hull and liability claims can be traced to a breakdown in preparedness and


Karl Senner Inks Distribution Deal with Electronic Power Design

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Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets. The distribution agreement will allow KS to offer electrical automation


New Company Takes Over OW Tanker

OW Scandinavia (Photo: OW Tanker)

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday.   Henrik Pedersen said the takeover by Alba Tanker ApS, which has the trustees of the bankrupt company on its board


Kings Point Student Earns NMRA Scholarship

Jacqueline Weymann (left) with Norm MacLeod

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades. Jacqueline Weymann, of Kings Point, New York, was honored in a presentation made by NMRA past president Norm MacLeod


A Classic Repower

Photo courtesy of Vane Brothers

The tug Falcon was built by Modern Marine Inc. in 1978. In the intervening years, companies that employed her have changed hands a number of times until 2013 when Vane Line Bunkering of Baltimore, Maryland purchased Kirby Marine’s Philadelphia bunkering division.  


Massive LNG Absorber Shipped to Malaysia

Steel supports fix the 1480 ton absorber safely on the 48 axle lines of SCHEUERLE SPMT

Successful transport of 1,480t absorber for biggest LNG plant worldwide in Malaysia.   1,480 tons and a high center of gravity made the transport of an absorber from the Malysian Bintulu port to the Petronas LNG production site a challenging task


Rolls-Royce Wins US Marine Corps Contract

AE 1107C engines

  Rolls-Royce has been awarded a new, two-year contract to provide aftermarket engine support for the US Marine Corps and Air Force V-22 fleets, which provides a more than 30 percent reduction in support costs. The contract, through the company's innovative MissionCare™ model


Jetty Construction near Lorong Halus Jetty, Singapore

Lorong Halus Jetty, Singapore

From 28 November 2014 to 28 May 2015, work will be carried out for the construction of a jetty near Lorong Halus Jetty. According to the Maritime and Port Authority of Singapore Port Marine Notice No.141 of 2014 dated 25 November 2014, the work will be conducted 24 hours daily – including


UniMarine Opens Office in Pireaus

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  UniMarine announced the opening of its new office UniMarine South Europe & Mediterranean. Located in Piraeus (Greece), the office will be servicing the Southern European and Mediterranean region. The office will be headed up by Mr Spiros Stamou who has been active in the marine


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


Shipbuilding Regulations: Cents and Sensibility

Integrating bolted tonnage openings into forward facing door frame bulkheads fulfills the need for tonnage reduction, but the weather-tight tonnage opening renders the water-tight door less waterproof.

Addressing the Jones Act is just one aspect of an increasingly complicated boatbuilding environment. Stovepiped, poorly conceived regulations is another. The sting of the recession is fading, but the economic vitality of the marine industry is still in jeopardy


Energy’s Promising Future Threatened

Unrealistic Fears and Overstated Risks obscure the benefits of new seismic data. The United States stands poised on the edge of a bright energy future. After decades of decreasing domestic energy production and increasing reliance on foreign sources of oil and natural gas


Is Glycerine the Next Marine Fuel?

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Following a year described as “intense activity,” the Glycerine Fuel for Marine Sustainability project (GLEAMS) concluded that Glycerine is a viable, exceptionally clean alternative marine fuel. The GLEAMS project claims that it has been particularly successful in dispelling the


Fire Departments Choose Sea-Fire Systems

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Metalcraft Marine's Firestorm high-speed, aluminum fireboat represents a new generation in vessel technology, especially when fitted with Sea-Fire H Series engineered fire suppression systems. Recently, four fire departments selected this combination.






 
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