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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.


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


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


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.


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


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.  


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


New Ferry MV Woods Hole Delivered

M/V Woods Hole during sea trials (Photo: Brian King)

The newly built ferry M/V Woods Hole has been delivered to serve Woods Hole, Martha’s Vineyard and Nantucket.   Built by Conrad Industries of Morgan City, La., the Elliott Bay Design Group (EBDG) designed ferry is the naval architects’ second design for The Steamship Authority


Conrad to Build Young Brothers' New Tugs

Artist rendering of Damen Stan 3011 tugs to be built by Conrad Shipyard for Young Brothers, Limited. (Image: Conrad)

Conrad Shipyard of Morgan City, La. has signed a contract to build four Damen Stan 3711 tugs for Young Brothers, Limited of Hawaii, announced Conrad President and CEO, Johnny Conrad. The four new twin-screw tugs are 123-feet in length with a 36.5-feet beam and powered by G.E


Swiftships to Procure Patrol Craft Kits for Egyptian Navy

Photo: Swiftships

Naval Sea Systems Command (NAVSEA) awards contract to Swiftships for four 28-meter KITs for the Egyptian Navy   On June 28, 2016 Louisiana-based Swiftships, LLC, was awarded a $15 million firm-fixed-price (FFP) contract involving Foreign Military Sales (FMS) to procure four 28-meter KITs


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges


John Haynes Named Seawork Maritime Professional of the Year

This year’s Seawork Maritime Professional of the Year: John Haynes, managing director of Shock Mitigation

The Seawork Maritime Professional of the Year award celebrates exemplary individuals within the maritime sector. The Maritime Professional of the Year 2016 winner is John Haynes, managing director of U.K. company Shock Mitigation.   Haynes was nominated by James Ellison, who said


ABS Group Signs on Elba LNG Project

ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia.  


Sovcomflot Revises Pricing on USD 7-year Bond

Russian shipping company Sovcomflot has cut the yield on its seven-year U.S. dollar bond to 5.375 percent - 5.5 percent, according to a lead.   The notes will price within that range. The latest level compares with guidance of 5.625 percent area and initial price thoughts of 5


BSEE Evaluates Oil Spill Response Exercise

(Photo: BSEE)

Engineers and analysts from the Bureau of Safety and Environmental Enforcement's (BSEE) Gulf of Mexico and Alaska Regions recently evaluated Spill Response Operations Training and Equipment Verification exercises conducted by the Tennessee Gas Pipeline Company and its oil spill removal contractor


Investigators Probe into Houston Ship Collision

NTSB to meet to consider collision Houston Ship Channel collision The U.S. National Transportation Safety Board (NTSB) said it will meet June 7 to determine the probable cause of the March 9, 2015 collision between the bulk carrier Conti Peridot and the tanker Carla Maersk in the Houston Ship


Floating Storage Flattens Fortunes of $50 Crude

Photo: Alibra Shipping Ltd. Research

 The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism, says a report from Alibra Shipping Research.  


Gender Identity Spat Sinks Spending Bill

The rancorous political debate over sexual identity unexpectedly prompted the Republican-controlled House of Representatives to rejected an energy and water spending bill on Thursday after Democrats attached an amendment to protect the rights of transgender people.


DONG Energy Listing to Value Group at up to $16 Bln

Photo: DONG Energy

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but also into a business heavily reliant on government subsidies.   State-controlled DONG Energy on Thursday set a price range for its


DP World Launches $1.2 bln Sukuk Issue to Cover Tender

Dubai-based ports operator DP World launched a seven-year $1.2 billion sukuk issue on Tuesday, a document from lead managers showed.   The issue, structured to be compliant with rules allowing investors in the United States to participate, will price at 237


Philly Shipyard Lays Keel for Second APT Tanker

Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).   Representatives from Philly Shipyard and Kinder Morgan were in attendance to place coins on one of the keel


Ardmore Shipping Opens Houston Office

Holly Cummins (Photo: Ardmore Shipping)

Ardmore Shipping has expanded its global network with the opening of an office in Houston, to be led by Holly Cummings, who joins Ardmore Shipping as Chartering Manager (Americas).   The new Houston office will be responsible for expanding Ardmore’s commercial activities in the






 
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