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 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
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
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
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
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
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
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.
Miko Marine AS has opened a subsidiary in Morgan City, La. from where it will be able to supply ship operators and salvage companies throughout the United States with its range of products, including its magnetic patches to prevent ships from sinking.
The Great Lakes Shipyard in Cleveland, Ohio, has been contracted by New York Power Authority (NYPA) to build and deliver two new tugboats for the Niagara Power Plant’s winter operations in Buffalo, N.Y. The new tugs will augment and replace aging vessels that are used for the installation
Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019. The Kvichak RRS is Navy’s tier one response asset
Eastern Shipbuilding (ESG) said that Suderman & Young Towing Company and Bay Houston Towing Company each exercised one additional Z-Drive Tug to be built at ESG. This brings the total to six of the new Robert Allan, Ltd. Z-Tech 2400 Class Terminal & Escort Tugs built at ESG's
VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered, combination Container Roll-On/Roll-Off (ConRo) vessels for Crowley following the signing of the contract
Vesper Marine, a manufacturer of marine safety products and virtual Aids to Navigation (ATON), announced that its Virtual AIS Beacons are employed in the search for lost Malaysian airliner MH370 in the southern Indian Ocean. The international search team is a closely coordinated effort between
The U.S. Army Corps of Engineers Missouri River Basin Water Management Division is maintaining above normal releases at the four lower dams on the Missouri River. The excess water will allow the Corps to extend the navigation season and provide higher winter releases
Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday. Jensen, who was elected to the Frontline board last month
Foss Maritime's ocean-going tug, the Barbara Foss, is towing the Russian cargo vessel, Simushir, which lost power late Thursday night off the west coast of Haida Gwaii. The Barbara Foss is currently traveling at 5.5 knots and is expected to arrive at the Port of Prince Rupert
The Coast Guard rescued two people Friday after both of their sailboats became disabled approximately five miles west of the Chesapeake Bridge Tunnel near Hampton. Watchstanders at Coast Guard Sector Hampton Roads received a call from Hampton Police dispatch at approximately 3:50 a.m
SEPTEMBER 15, 2014, New York, NY – Today in New York Morton S. Bouchard, III and many local maritime dignitaries officially opened The Bouchard Transportation Co., Inc. Tug & Barge Simulation Center on the campus of the State University of New York (SUNY) Maritime College.
Crowley christens new ocean class, DP2 tugboat, Ocean Sun, in Louisiana As part of the company's new vessel build program, Crowley Maritime Corp. christened the latest of its four tugboats in the ocean class series, Ocean Sun, today in Lake Charles
The U.S. Coast Guard said it is responding to two sunken vessels in Mobile Ship Channel north of Gaillard Island, Tuesday. Coast Guard Sector Mobile watchstanders received a call from the crew of the towing vessel, Miss Sammy Lee, reporting the sinking of two vessels
ZF Marine penetrates domestic inland waterway markets – enjoying good success with two U.S. majors. The prospects for an even brighter future hinge on the performance of its early entries. So far, so good. It’s no secret that the domestic
MacGregor has signed a new series of deck machinery orders for 12 vessels with the China-based Sinopacific Shipbuilding Group. This builds on a track-record of contracts that now stands at 150 shipsets of equipment successfully delivered and installed at Sinopacific yards