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Metal Shark Boats Gets Louisiana Governor's Award

Award ceremony: Photo LED

Louisiana Economic Development (LED) inform that Gov. Bobby Jindal has presented Metal Shark Boats, (headquartered in Jeanerette in Iberia Parish) with the Governor’s Award for Entrepreneurial Excellence. The Governor’s Award for Entrepreneurial Excellence is periodically awarded by the governor to businesses that grow and provide more opportunity, more jobs and more commerce for the state of Louisiana. Metal Shark Boats has grown from an employment of 75 in 2012 to 200 employees today. LED explains that Metal Shark Boats continues to expand production of boats up to 40 feet in length at its original shipyard, filling customer orders for the U.S. Coast Guard, the U.S. Navy, law enforcement and conservation agencies, and commercial companies. The company is also further expanding in Louisiana, building a new shipyard to manufacture 48-foot to 75-foot boats for commercial pilots, ports and government agencies. That 60,000-square-foot facility will open by July in Franklin, Louisiana, in nearby St. Mary Parish.
 Founded as Gravois Aluminum Boats three decades ago in Jeanerette, the company initially produced custom recreational boats revered by Gulf Coast fisherman. The challenge of declining recreational sales led the company to refocus its production on military and commercial models, where it has excelled, manufacturing a current average of 170 boats per year.


Guilty Plea, Conspiring to Defraud U.S. Navy

A U.S. Navy subcontractor from Virginia has pleaded guilty to conspiring to defraud the Navy in connection with contracts for fabricated metal to be used for the repair and maintenance of elevator equipment on Navy aircraft carriers and support vessels, the Department of Justice announced. The charge is the first to arise out of the Department's ongoing antitrust investigation into the sales of fabricated metal products and other materials to the U.S. Navy.


Morse Rubber Completes Metso Acquisition

Morse Rubber LLC completed a purchase of assets, which include various product ranges and the Keokuk, Iowa manufacturing facility, from Metso Minerals Industries. The acquired products include Morse Marine Bearings, marine bumpers and engineered components. The manufacturing facility comprises 120,000 square ft. under roof with capabilities that include rubber to metal bonding; large scale molding; extruding; machining of rubber, composites and metals as well as metal welding and fabrication


Coatings: Metal Fusion Helps Stop Corrosion

New advances in metal fusion technology produce a metalized coating with no porosity, which can be applied at rates similar to those achieved by airless painting practices. The substrate temperature does not affect the process, and there is no curing time. The competitive process results in extremely long term near permanent corrosion protection, which is designed to be competitive in price with conventional corrosion systems


Marine Seating Goes Green

Photo courtesy Home Port Marine Marketing

Leading ergonomic marine seating manufacturer STIDD Systems, Inc. and Ultrafabrics LLC, manufacturer of eco-friendly Fusion fabric, introduced the first helm seats covered in Fusion at the 2009 Fort Lauderdale International Boat Show. Soft but durable, water-repellent, antimicrobial and stain-resistant Fusion contains no plasticizers, heavy metals or stabilizers and is free of VOCs, POPs, HFRs and formaldehyde. Most spills clean up easily with mild soap and water – no harsh cleaners


Metal Shark Delivers Anti-Piracy Boat

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38 Defiant Delivered to Atlanic Methanol for Security and Patrol. Metal Shark Boats has completed delivery of a security, patrol, and anti-piracy vessel for Atlantic Methanol Production Company's operations in Malabo, Equatorial Guinea. The boat is a derivative of Metal Shark's 38 Defiant, a platform already in use as a U.S. Navy, Coast Guard, law enforcement, and commercial vessel. "Metal Shark's capabilities extend far beyond the traditional patrol vessel


Metal Action Machining Ltd. Certified to AS9100

Metal Action Machining Ltd. (the CNC Division of Analytic Systems) has announced that they have been certified to the International Standards Organization (Certificate number AS-1197), Aerospace AS9100 Quality Management System. On the heels of being certified to ISO9001-2008 one year ago, Metal Action decided to upgrade to the Aerospace Certification.  This will allow Metal Action to obtain new aerospace contracts for the likes of AVCORP, ASCO, Boeing, Bombardier, etc


Metal Shark Expansion Creates 200 Jobs

Photo: Metal Shark

$1.52 million investment will create 88 direct jobs and result in 134 indirect jobs   Louisiana Governor Bobby Jindal and Metal Shark Boats President Chris Allard announced the company will make a $1.52 million capital investment to expand its Jeanerette shipyard in support of military, law enforcement agency and commercial boat contracts. The expansion will create 88 new direct jobs, with an average salary of more than $62,000, plus benefits


China's Vast Warehouse Sector Comes Under Scrutiny

  Shaken by a fraud investigation into metal financing in the world's seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China's sprawling warehouse sector. The probe at Qingdao port centres around a private metals trading firm suspected of duplicating warehouse certificates in order to use a metal cargo multiple times to raise financing.


Altair Expands to South Africa with Office in Stellenbosch

Detlef Schneider  and Gronum Smith of Altair and Jimmy Chaba of Mokhurane Technologies

  Altair, a US-based engineering company, recently acquired EM Software & Systems - S.A., makers of FEKO® electromagnetic field analysis software. FEKO is now becoming part of Altair’s computer-aided engineering (CAE) suite HyperWorks®. With this move, Altair gains a local presence in South Africa with tremendous depth of industry expertise. Personnel in Stellenbosch will be responsible for all Altair sales and support activities in the region.


SBM Offshore Completes Real Estate Divestment

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  SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold for approximately US$62 million net of expenses, resulting in a book profit of approximately US$58 million.


Rickmers-Linie Appoints Interliner Agencies

Photo courtesy of Rickmers-Linie

Hamburg based Rickmers-Linie has appointed Interliner Agencies as its new agent in South Central Europe. The agency contract covers Slovenia, Austria, Czech Republic, Hungary, Slovakia, Croatia, Serbia, Albania, Bosnia and Hercegovina, Macedonia and Montenegro.


SCI Sets Its Sights on Scandinavia

Jos Lems, head of global sales at Survival Craft Inspectorate

Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has appointed two new distributors as the business targets growth opportunities in Scandinavia. SCI has agreed partnerships with Danish firms Hysafe and Hytek, both part of the Hytek Group


Chevron Announces Alliance with Petrol Ofisi

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Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production


HK's COSCO International Reports Strong Profit Growth

For the  six months ended 30th June 2014, shipping services provider COSCO International has announced that its 2014 Interim Results show strong profit growth with Net Profit up 45% YOY. Results Highlights Strong profit growth: profit attributable to the equity holders surged


GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S


High Bids in Western GofM Lease Sale

Offshore rig fronting GoM map: File image

U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S. Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids.


Signet Tows Aircraft Carrier on Final Voyage

SOLAS Certified, ABS A1, 10,000 BHP, Signet Warhorse III en route to Newport Naval Shipyard to tow USS Saratoga to Brownsville, Texas.

The final voyage of aircraft carrier USS Saratoga begins today. From the Eastern Hemisphere to the Western Hemisphere, the USS Saratoga has made her mark around the globe, and served more than 38 years in the United States Navy. The carrier’s aircraft flew sorties in the Vietnam War


TMT CEO Files $100m IP Suit Over Vessel Sale

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Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group (TMT) launched a suit in Texas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co. Ltd


Airbus May Sell Stake in Submarine Supplier

Image: Atlas Elektronik

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die Welt reported on its website on Friday, citing industry sources. Aerospace and defence group Airbus - then called EADS - and German


MN 100: Caterpillar Marine

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Neumühlen 9 22763 Hamburg/Germany Tel: (713) 895-1449 Email: cat_power@cat.com Website: www.marine.cat.com Managing Director: Nigel Parkinson The Company: Caterpillar Marine Power Systems brings together all the sales and service activities for Cat and MaK branded marine


SevenCs Debuts Aviation Module for ECDIS Kernel

ARINC over ENC over DTED

The new 5.18 version of the EC 2007 software development kit (SDK) from SevenCs is available for both Windows and Linux applications, updated to now include support of Digital Terrain Elevation Data (DTED), ARINC 424 Aviation Charts and new development environment Visual Studio 2010 32/64bit.


First N.American Boat Powered by Volvo Penta IPS

Photo courtesy of Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America to be powered by Volvo Penta IPS propulsion. Built by Metal Craft Marine Inc


MN 100: Kvichak Marine Industries, Inc.

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469 NW Bowdoin Place Seattle, WA 98107 Telephone: 206 545 8485 E-mail: sales@kvichak.com Website: www.kvichak.com CEO/President: Keith Whittemore Number of Employees: 155 The Company: Kvichak Marine Industries Inc. responds quickly to new customer requirements


Scrap Metal Exporter Pens Terminal Agreement

Port Canaveral Scrap Terminal LLC (PCST), a bulk ferrous scrap exporter, has signed a lease with the Canaveral Port Authority to operate a terminal in the north cargo area at Port Canaveral. The one-year agreement calls for PCST to lease four acres with a 100,000-ton minimal annual guarantee






 
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