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
A towboat that sank in Texas' Neches River August 21, and caused a temporary closure of the waterway, was lifted out of the water Wednesday Evening. T&T Marine, a contractor hired by the towboat company, refloated and towed the vessel Louise to Bolivar Barge Cleaning Service
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG
A 24-meter fuelling vessel, Erin Wood, was towed to Peterhead Saturday after a collision with a Cyprus registered cargo vessel, Daroja, the U.K. Maritime and Coastguard Agency (MCA) reported. At 5:10 p.m. Aberdeen Coastguard received a Mayday call from the Erin Wood with two crew on
A 113-year-old “Boblo Boat” SS Columbia is being towed from Toledo, Ohio to Buffalo, N.Y., where the historic vessel will be docked for the next year for restoration. A towing contract was awarded to The Great Lakes Towing Company from nonprofit organization The SS Columbia
U.S. Coast Guard and firefighter crews helped rescue four people from a boat fire Tuesday afternoon in Alameda, Calif. Coast Guard Sector San Francisco Command Center personnel received a 911-relay report at 3:51 p.m stating an engine room fire broke out aboard a 32-foot pleasure craft
U.S. Coast Guard rescues disabled fishing vessel 70 miles from Nantucket A disabled fishing vessel was brought in safely to shore early Monday by U.S. Coast Guard crews aboard the cutters Escanaba and Hammerhead. Watchstanders at the Coast Guard Sector Southeastern New England
The Z-drive revolution on the U.S. Inland Waterways continues with a new delivery from Master Marine In August, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Alabama. The 78 x 34 x 11 ft. St
Leadership from the U.S. Army Corps of Engineers, the U.S. Coast Guard and the inland towing industry signed a memorandum of understanding today, designed to ensure consistent communications and support efficient and safe movement of commerce on the western rivers of the United States.
Crews aboard two Coast Guard cutters brought an 83-foot fishing vessel safely to anchorage at approximately 8 p.m. Sunday. Watchstanders at the First Coast Guard District Command Center, were notified at 11:30 a.m. Saturday that the scallop fishing vessel Chaz’s Toy lost
The year 2015 has been a busy year for The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, and for the industry AWO is privileged to represent. It’s a dynamic time for a vital industry that constitutes the largest segment of the U.S
When she came into the Fred Wahl shipyard in Reedsport, Oregon, the Miss Berdie was a fine looking boat with a bright red hull. When she left the yard this summer she was still a fine looking red vessel but bigger and better. After taking the 77 by 27.8 by 11
To mark the 10th anniversary of Hurricane Katrina, specialist insurer Allianz Global Corporate & Specialty (AGCS) has released a report analyzing windstorm risks and losses and how to mitigate future losses, given increasing weather volatility.
U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for harbor towing operations in Puerto Quetzal, a commercial cargo, container and cruise port located on the Pacific coast of Guatemala in
A sailboat with five people aboard caught fire off Honolulu, Thursday, promting responsefrom the U.S. Coast Guard who sent a 45-foot Response Boat-Medium crew from Station Honolulu to tow the vessel to Pier 38 in Honolulu.
The Massachusetts Maritime Academy’s annual salute to ‘the person of the year’ this year spotlights McAllister Towing and Transportation Co. and its leadership team. Set for September 10, 2015, MMA’s Salute to the Maritime Person of the Year – benefiting the MMA