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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.


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.


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


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


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


Waterways Re-Open

The U.S. Coast Guard issued a Marine Safety Information Bulletin stating that all ports, channels, and tributary waterways in the COTP Houston/Galveston AOR are open to project depth. Particular caution is advised, though, in the Galveston Bay Entrance Channel, the Galveston Harbor Channel, and Barbour’s Cut due to possible shoaling. The U.S. Coast Guard issued a Marine Safety Bulletin stating that all waterways in the MSU Morgan City AOR are open to project depth


'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


A&B Industries Signs Contract with Mitchell Offshore Marine

A&B Industries of Morgan City, La., has signed a contract with Mitchell Offshore Marine of Grapevine, Texas for the construction of an offshore supply vessel under Subchapter L. The owner and president of Mitchell Offshore Marine, Jeff Isel chose the design because of the changing needs of the oil industry in the Gulf of Mexico. The vessel will have a deck area of 80 ft. by 28 ft. (2,240 sq. ft.) with a 170 long ton deck load


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


Euronav NV IPO in the US

EURONAV NV

Euronav NV announced today the upsizing and pricing of its initial public offering in the United States.  The size of the offering has been increased from the initially announced 13,550,000 ordinary shares to 16,260,000 ordinary shares at an issue price per share of USD 12


InterMoor Completes Juniper Mooring Installation Contract

Photo courtesy of InterMoor

InterMoor has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago, reportedly the largest foundation installation campaign offshore Trinidad and Tobago to date.   InterMoor provided engineering and design services to


CFO of Genel Energy to Retire

Julian Metherell

  Julian Metherell has informed the board of Directors of Genel Energy plc of his intention to retire from the Company, with effect from the close of the Annual General Meeting on 21st April 2015.   Julian Metherell's successor as Chief Financial Officer will be Ben Monaghan


Egypt, Saudi Arabia Joint Maritime Exercise

Pic by Royal Saudi Naval Force

 Joint Egyptian-Saudi navy maneuver Morgan 15 is underway in the Red Sea waters of Saudi Arabia.  According to the military spokesperson Mohamed Samir, the exercise was part of joint training of the Armed Forces with friendly countries to enhance prospects of cooperation and exchange of


Holland America Line Creating Marine Protection Awareness

To Build a Global Ocean Refuge System

  As part of its “Our Marvelous Oceans” partnership with Marine Conservation Institute, Holland America Line has created a new program that highlights and educates guests and crew about marine protected areas around the world.  


Belgian Law Firm Says Contacted by OW Bunker Investors

Photo: OW Bunker

Belgian law firm Deminor said it had been contacted by 15 to 20 investment firms considering legal action over the failure of OW Bunker, the world's largest shipping firm which filed for bankruptcy a week ago. Deminor, which specialises in representing institutional investors in class actions


Canadian Pipeline Expansion Continues

Work continues

  Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby, even as Canadian police arrested more protesters at two work sites.


UN Climate Talks Head for Watered-down Deal

  United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughest issues for next year's Paris summit. Peruvian Environment Minister Manuel Pulgar-Vidal, hosting the talks


Freight-Passenger Ferry for Steamship Authority

EBDG Designed Freight-Passenger Ferry for Steamship Authority

  Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska, today announced that the new freight and passenger ferry it designed for the Woods Hole


Shipbuilding: SSA Orders Freight-Passenger Ferry

Woods Hole (Image: EBDG)

A new freight and passenger ferry designed by Elliott Bay Design Group (EBDG) for Martha's Vineyard & Nantucket Steamship Authority (SSA) will be built at Conrad Shipyard in Morgan City, Louisiana. The new ferry, Woods Hole, will replace the M/V Govenor, the oldest vessel in the SSA's fleet


E-Crane Holds Technology Showcase in New Orleans

E-Crane was well represented at the WorkBoat Show. (Photo: E-Crane)

E-Crane agents and special guests attended the E-Crane Technology Showcase in New Orleans during the first week of December in conjunction with the International WorkBoat Show (IWBS). The three day event consisted of a dinner reception and presentations on the evening on Wednesday, December 3


Star Bulk's PO to Finance New Builds

Logo

  Star Bulk Carriers Corp. announced today that it plans to make an underwritten public offering of its common stock. The Company intends to use the net proceeds from the offering for its new building program and general corporate purposes.


Highest Tanker Shipping Rates in Six-Years

Courtesy: Dynacom Tankers Management

Morgan Stanley and Evercore Partners Inc. predicting the highest shipping rates in six-years are possible with demand to store oil on vessels is strengthening, says a Bloomberg report. Supertanker owners from Tokyo to Athens days that oil-at-sea storage demand has gone up. Frontline Ltd


Euronav Announces IPO in the US

Photo: Euronav

Euronav NV announced the commencement of its underwritten initial public offering in the United States of 13,550,000 ordinary shares. The company will grant the underwriters a 30-day option to purchase additional ordinary shares representing up to 15% of the offered shares.   


Bollinger Announces Promotions

From left to right: Tim Martinez, Scott Theriot and Corey Phelps (Photos: Bollinger Shipyards)

Bollinger Shipyards announces the promotions of three key leaders, as Tim Martinez, Scott Theriot and Corey Phelps enter new roles.   Making the announcement, Bollinger’s President and CEO Ben Bordelon, said, “We will be strengthening our position in the market by developing our






 
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