HVIDE MARINE TOWING
J. Erik Hvide Steps Down Hvide Marine named Jean Fitzgerald chairman, president and chief executive officer, replacing J. Erik Hvide, who resigned for personal reasons. Hvide will remain a member of the board of directors, the company said. Fitzgerald, 73, has been a director of the company since 1994. He will take up his position immediately, it said. Hvide, 50, steps down from active duty after 29 years of service with the company, which was founded by his father, Hans Hvide, in 1958.
Hvide Marine Inc. christened HMI Ambrose Channel, the first all-new petro-chemical carrier built in the U.S. in nearly two decades and the fourth in a series of five double-hull lightship tankers being built for Hvide by Newport News Shipbuilding under the Double Eagle program. The christening ceremony took place at Newport News Shipbuilding in Newport News, Va. Named after the USCG lightship which formerly stood watch at the entrance to New York Harbor
Hvide Marine Inc. announced the first visit of HMI Ambrose Channel, named for the USCG lightship that formerly stood watch at the entrance of New York Harbor, to the Port of New York and New Jersey. The vessel, one of the first all-new petrochemical carriers built in the U.S. in nearly two decades, passed through its namesake, the Ambrose Channel, on its way to Stapleton Anchorage. Under the command of veteran Hvide Marine Captain Dave Johnson, the tanker delivered 155
Hvide Marine Incorporated reported a net loss of $23.7 million for the quarter ended June 30, 1999. These results reflect a loss of $14.1 million on the sale of assets. In the year-earlier period, the company had net income of $9.5 million. The company had an operating loss of $1.9 million during the 1999 quarter versus operating income of $28.1 million in the 1998 quarter. In the immediately preceding quarter, ended March 31, 1999, the Company had a net loss of $9.1 million on revenues of $82
Hvide Marine Inc. reported net income in the fourth Quarter ended December 31, 1998 totaled $1.9 million, compared with $9.8 million in the year-earlier period. Revenues for the quarter grew to $105.9 million from $67.4 million a year ago, as a result of increases in fleet size. For the full year, income before an extraordinary item totaled $22.5 million versus $27.6 million before an extraordinary item in 1997. After a loss related to the early extinguishment of debt
Central Union of Marine Underwriters Insurers Lose $3B The world's marine insurers collectively lost $3 billion in 1999, Norway's Central Union of Marine Underwriters (CEFOR) said. Cefor's calculation uses the collective experience of marine insurers in Norway - one of the world's major marine insurance markets - and extrapolates the results to the global industry. Cefor's md said that not even in their previous worst case estimates did CEFOR anticipate anything like this
Donjon Marine Co., Inc., a provider if multi-faceted marine services including marine salvage, ocean and inland towing, emergency response, and dredging, provided towing and logistical support thru its U.S. Navy Salvage and Related services contract, in the towing out to sea of the Navy’s USS America, the third Kitty Hawk-class attack aircraft carrier on April 19. The Navy will conduct tests on the carrier, commissioned in 1965, for a number of weeks and then the ship will be sunk.
Hvide Marine Inc. reported a net loss of $9.6 million for the fourth quarter ended December 31, 2000, on revenues of $80 million. In the year-earlier period, the company had a net loss of $197 million, including charges related to its reorganization, on revenues of $76.8 million. Operating income in the fourth quarter of 2000 was 8.1 million versus an operating loss of $11.8 million in the fourth quarter of 1999. For all of 2000
Hvide Marine Incorporated has made an agreement to purchase two modern 152-ft. crewboats from Crewboats, Inc. The purchase price for the two vessels, which will join HMI's Seabulk Offshore fleet in the Gulf of Mexico, is $5 million. The company expects to take delivery of one vessel in December 2000 and the second in May 2001. "These are the 'hotshot boats' of the offshore industry," commented company president and CEO Gerhard E
Danish Naval Architecture Firm Knud E. Hansen A/S behind the Basic Design of new Double end ferry delivered by Hvide Sande Skibs- og Baadbyggeri. Hvide Sande Skibs- & Baadbyggeri delivered a 50m ferry to Swedish domestic ferry company Ven-Trafiken. The vessels, which name is Uraniborg, will be operating between Landskrona in Sweden and the Swedish island Hven in the Øresund. Knud E. Hansen A/S has been responsible for the Basic Design of the new vessels for the Danish
Arlen “Benny” Cenac Jr. is a third-generation owner of Cenac Towing Company. The firm, originally founded in 1927 by his grandfather, now does business as Cenac Marine Services. Benny has led the company since 1981 through several industry downturns by focusing on customer service
The last five days stuck in Elbschlick 400-meter (1,312 feet) CSCL Indian Ocean, the 19,000 teu vessel aground on the river Elbe, owned by China Shipping Group Co., is available again. After several failed attempts to budge the containership salvage teams were preparing to
Fratelli Neri S.p.A has taken delivery of a Damen ASD Tug 3212. The new vessel, called Luisa Neri, was handed over from Damen Maaskant Shipyards Stellendam in the Netherlands, on 25 January 2016. The vessel represents two firsts: it is Fratelli Neri’s first Damen newbuild tug and it is the
Netherlands-based OSD (Offshore Ship Designers) has designed a new series of tractor tugs which can be used for a range of functions, including escort operations, harbor towage, ship handling, offshore mooring and berthing. The basic model tug has a LOA of 33 meters and a beam of 13
Eastern Shipbuilding Group, Inc. launched the Escort Tug NEPTUNE for Suderman & Young Towing Company on January 5, 2016. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s Nelson Street facility
Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said on Tuesday. A nuclear deal between world powers and Iran earlier this month led to the removal of curbs on Tehran's
The Vane Brothers Company, a marine transportation provider headquartered in Baltimore, Md., has taken delivery of the Elizabeth Anne, the first in a new series of 4,200-horsepower tugboats. Vane Brothers has ordered a total of eight Elizabeth Anne Class towing vessels through St
Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, was selected to provide detailed design services including stability, structure and systems design for two, 100-foot long, 40-foot wide, escort tugs for McAllister Towing
The U.S. Coast Guard is responding to a report of a grounded towing vessel and 35 barge breakaway near Caruthersville, Mo. On the Mississippi River. Coast Guard watchstanders were notified that the towing vessel Joe Bobzien had run aground and its 35 loaded dry cargo barges had broken
A2SEA has announced that wind turbine installation vessel has capsized off the Danish coast due to harsh weather on Wednesday. It has gone from bad to worse for A2SEA-vessel Sea Worker. A week ago, jumped tethers during a towing of the 1
The newly built M/V Dan Reeves was commissioned in January of 2016 for the United States Army Corps of Engineers (USACE) Little Rock District. Built by Horizon Shipbuilding, Inc., Bayou La Batre, Ala., overseen by the USACE Marine Design
VT Halter Marine, Inc. announced the delivery of the M/V Morton S. Bouchard Jr., the first of the two 6,000 horsepower Twin Screw Articulated Tug Barge (ATB) tugs to Bouchard Transportation Co. Inc. Measuring 130 feet by 38 feet by 22 feet, the M/V Morton S. Bouchard Jr
On 4 February 2016 the South African Navy took delivery of a second South African-built Damen ATD Tug 2909 at the naval base in Simon’s Town. Escorted by SA Navy's existing six tugs, Inyathi was welcomed into the naval fleet with a traditional sail past.
Ballast water treatment (BWT) specialist Optimarin has landed its first ever contract in the fishing segment. The Norwegian firm will now supply its soon to be USCG approved Optimarin Ballast System (OBS) for the Skipsteknisk-designed America’s Finest
“We don’t usually remove the heads at mid-life on the Cummins engines,” Randy Beckler, Shore Engineer for Seaspan Marine, explained in reference to the 2003 launched Seaspan Venture’s third like-for-like repower.