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MORGAN MARINE

Vessels: GCI Completes Sun Towing Tugs

Voyager and Quest could not be two more apt names for Sun Towings pair of new tugboats, as it was precisely this that was required to complete the vessel's construction. The two hulls were started nearly 10 years ago, and had more than 2,000 miles experience before the first main engines were installed. The hulls were originally built by Marine Power and Equipment in Seattle in 1990, and moved three different times, from Washington State through the Panama Canal to Texas, then finally to Louisiana. The odyssey of the hulls was well worth it, however, according to their owner, Captain Mike Smith of Sun Towing, Morgan City, La. The 150 x 40 x 19.5 ft. hulls finally made their way to Gulf Coast Industries (GCI), a yard owned by Garrel Chiasson and Randy Joubert II, in Amelia, La., where they were to be completed. Now finished, the vessels' respective journeys have come full circle, as they have returned to Washington state and have been placed on long term charter from Sun Towing by Foss Maritime. Captain Sam Smith saw the potential of the hulls and purchased them three years ago, and then sold them to his son, Captain Mike Smith. Captain Mike decided to use local companies as much as possible to complete the vessels, and contracted with Gulf Coast Industries to complete the steel work of the hulls, install all of the equipment, complete the piping systems, and install the SOLAS approved joiner work package.


Daewoo Shipbuilding for Sale?

South Korea intends to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 billion, in the second half of 2006, according to a Reuters report. State-run Korea Development Bank (KDB) and government restructuring agency KAMCO own a combined 50.6 percent stake in the world's second-biggest shipbuilder. KDB, which is managing the sale on behalf of other creditors, has recently named JP Morgan as a lead manager for the deal.


Conrad Adds to Management Team

Conrad Industries, Inc. announced today the appointment of Terry T. Frickey as Vice President and Chief Operating Officer, effective immediately. Terry will report to the Chief Executive Officer and have overall responsibility for the operations of the Company’s four shipyards. “We are excited to have Terry join our executive team,” said Johnny Conrad, Conrad’s President and Chief Executive Officer. “Terry has been involved in the shipyard business since


Soles Joins Glosten Associates

Peter Soles

Peter Soles has joined The Glosten Associates as a Marine Consultant and will be supporting the firm’s ocean engineering and marine logistics projects.  “Peter brings a broad knowledge of marine transportation policy, oceangoing vessel management and operation, voyage and cargo logistics, navigation, and tug/towing operations,” said Justin Morgan, PE, Glosten Principal. Prior to joining Glosten


Marine Joiner Contractors

Mark A. Robicheaux, Inc., Marine Joiner Contractors, located in Morgan City, La., provides custom marine joiner services. Two companies have been added to the service family to provide more complete and controlled joiner packages. Robicheaux Manufacturing offers custom/modular yacht and plastic laminate marine furniture and millwork, and Robicheaux Insulation Systems provides insulation installations for the marine, industrial and offshore industries.


HII, Kinder Morgan Not to Pursue Avondale Joint Venture

Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment   Huntington Ingalls Industries (HII) announced it has completed discussions with Kinder Morgan Inc. (KMI) to explore the redevelopment of HII's Avondale shipyard in Louisiana. Since April 2014, HII and Kinder Morgan have evaluated best-use opportunities for the facility, and have mutually decided not to move forward with a joint venture.  


Omega Morgan Names McCalla CEO/President

John McCalla CEO / President

Omega Morgan, one of the West Coast’s leading heavy equipment transport companies, has named John McCalla CEO/President. McCalla comes to Omega Morgan from Warn Industries, also located in Portland.   McCalla began his career as a project engineer at General Motors and then joined Warn Industries.  He advanced through several positions at Warn and assumed the top executive leadership position in 2007


Kinder Morgan, BP form Fuel Storage JV

Kinder Morgan to buy 15 terminals in $350 mln deal. BP Plc will sell 15 fuel storage terminals in the United States to pipeline company Kinder Morgan Inc in a $350 million deal, as it sheds assets to pay for liabilities arising from its 2010 Gulf of Mexico oil spill.


MARMAC 302 Launched

MARMAC 302 #3 rev1.jpg

McDonough Marine Service announced the launching of the MARMAC 302, the first of two new 300’ x 100’ x 20' ABS Class ocean going barges commissioned by the barge and marine transportation company.    The barges were designed by Dan Jones & Associates with an ABS Load line maximum cargo capacity of 13,200 short tons at 15.7’ draft. The uniform deck strength of 4,500 lbs/sq. ft., combined with a increased side shell strength


'Ghost Busters' Investigate Historic Ship

Specialists in paranormal research are investigating whether a historic whaling ship might be home to the ghost of a long-ago seafarer, according to an Associated Press report. AP reported that a five-member team from the Rhode Island Paranormal Research group visited Mystic Seaport last week to spend time on the Charles W. Morgan, a wooden whaling ship where several visitors have reported seeing the apparition. According to information on www.mysticseaport.com, The Charles W


Lyden-Kluss, RADM Thomas Appointed IMO Ambassadors

IMO Ambassadors (Top) Carleen Lyden-Kluss and RADM Cari B. Thomas

Mission to educate the public about the benefits and opportunities in the marine industry Carleen Lyden-Kluss, Chief Executive Officer of Morgan Marketing & Communications, along with RADM Cari B. Thomas of the United States Coast Guard were recently appointed IMO Maritime Ambassadors by


Kinder Morgan Swings to Loss in Q4

U.S. pipeline giant Kinder Morgan Inc swung to a fourth-quarter loss as it moved lower volumes of oil and gas amid falling prices.   The company said it does not expect to access the capital markets to fund growth projects in 2016 as it slashed dividend by 75 percent in December.  


Coast Guard Western Rivers High Water Closures, Restrictions

The U.S. Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the Midwest and South.   The following Coast Guard sectors have issued closures or restrictions:   Coast Guard Sector Upper Mississippi River:


CMA CGM Keeps Buying NOL Shares

Pic: Neptune Orient Lines

 French liner giant CMA CGM has acquired last week a total of 2.26 million shares in Neptune Orient Lines (NOL), six months before it is scheduled to make good its S$3.4 billion takeover bid for the Singapore-listed liner, reports Business Times.  


Western Rivers High Water Closures, Restrictions - Update

Mississippi River Photo DNR

  The Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the midwest. To keep the public and professional mariners apprised of changes to river traffic, the 8th District will continue to issue press releases capturing all closures and


Coast Guard Advises Western River Closures, Restrictions

File image: a Mississippi River fleeting operation. (WCI)

The United States Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the Midwest. To keep the public and professional mariners apprised of changes to river traffic, the 8th District will continue to issue press releases capturing all closures


US Western Rivers Closures, Restrictions

Image USCG

  The Coast Guard has issued a number of river closures, restrictions and advisories in response to floods in the Midwest. To keep the public and professional mariners apprised of changes to river traffic, the 8th District will continue to issue press releases capturing all closures and


US Midwest Rivers Closures, Restriction

  The Coast Guard has issued a number of river closures and restrictions in response to floods in the Midwest. To keep the public and professional mariners apprised of changes to river traffic, the 8th District will continue to issue press releases capturing all closures and restrictions


Cat Financial $ 150 Mln Loan for Philly Shipyard

Aker Philadelphia Shipyard which becames Philly Shipyard is a leading U.S. commercial shipyard constructing vessels for operation in the U.S. Jones Act market. Photo Philly Shipyard

  Philly Shipyard, Inc. (PSINC), the sole operating subsidiary of Philly Shipyard ASA, announced today that it has signed a commitment letter with Caterpillar Financial Services Corporation (Cat Financial) for a USD 150 million loan facility to finance the construction of four next


BAE's GBP90mln Contract for Barrow Central Yard Complex

Artists impression of the proposed new Central Yard Complex buildings at BAE Systems in Barrow by BAE Systems

 BAE Systems has awarded a £90m contract to Morgan Sindall plc for the development of one of the UK’s largest industrial facilities at the Company’s submarine building site in Barrow-in-Furness, Cumbria, reports North West Evening Mail.  


NASSCO Delivers Eco Class Tanker to APT

General Dynamics NASSCO Delivers First ECO Class Tanker for American Petroleum Tankers courtesy NASSCO

  General Dynamics NASSCO, today, delivered the company's first ECO Class tanker, the Lone Star State, to American Petroleum Tankers (APT). The new ECO Class tanker symbolizes the emerging direction of the shipping industry in the U.S


Chiarello, Cox and McKenna Named AOTOS Award Winners

Matt Cox, Anthony Chiarello and Jim McKenna with their USS AOTOS statues.

The United Seamen's Service (USS) honored Anthony Chiarello, President and CEO of TOTE Inc.; Matthew J. Cox, President and CEO of Matson; and James C. McKenna, President and CEO of Pacific Maritime Association with the 2015 Admiral of the Ocean Sea (AOTOS) Award.  


ST Engineeing Appoints Director

  Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of Mr Lim Ah Doo as an independent non-executive Director of the Company and a Member of the Audit Committee with effect from 10 November 2015.


Ardmore Shipping Announces Secondary Public Offering by GA Holdings

Photo: Ardmore Shipping Corporation

 Ardmore Shipping Corporation announced that GA Holdings LLC intends to offer for sale in an underwritten public offering 4,000,000 shares of the Company's common stock.    The Selling Shareholder expects to grant the underwriters a 30-day option to purchase up to an additional 600


General Dynamics NASSCO Christens First ECO Tanker for APT

General Dynamics NASSCO hosted a christening ceremony for the first ECO tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego.   San Diego Mayor Kevin Faulconer spoke at the ceremony, and the ship’s sponsor, Mrs






 
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