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Jo-Kell Ranked Among Fastest Growing Companies

Jo-Kell Inc., an electrical distribution and engineering company, has earned a position on the 2010 Inc. 5000 annual ranking of the fastest-growing private companies in America. As an Inc. 5000 honoree, Jo-Kell shares a prestigious pedigree with such notable alumni as Inuit, Zappos, Under Armour, Microsoft, Visa and scores of other powerhouses. “We are honored to be named by Inc. Magazine as one of the nation’s top entrepreneurial companies,” said Suzy Kelly, CEO of Jo-Kell Inc. “I would like to thank Inc. Magazine for selecting Jo-Kell to be on this esteemed list, and mostly, I thank all of our Jo-Kell teammates and customers who are the key to our success.”


MAN Turbocharger Judged an Entire Success

Jo Sequoia: Photo credit MAN

The very first MAN Diesel & Turbo TCA77 turbocharger installed aboard ‘Jo Sequoia’ nears 50,000 hours trouble-free operation. The chemical tanker 'Jo Seuoia' is powered by a MAN B&W 7S50MC-C two-stroke engine, having been built about ten years ago for Bergen-based Jo Tankers. During its construction, and with Jo Tankers already having chosen an MAN B&W 7S50MC-C engine as prime mover, MAN Diesel & Turbo approached Jo Tankers in regard to installing its


Stolt-Nielsen Says Dow Lawsuit Without Merit

Commenting on a lawsuit filed recently by Dow Chemical Co. against four chemical carriers including Stolt-Nielsen S.A., SNSA said that the company believes the Dow Chemical claims are without merit and that it will vigorously defend itself against those claims. The company added that the relationships between its chemical shipping unit - Stolt-Nielsen Transportation Group B.V. - and its customers are governed by contracts that contain


Kelly, Jo-Kell CEO Receives Award

Suzy+Kelly+receiving+award_web.jpg

Suzy Kelly, CEO of Jo-Kell Inc., received Inside Business’s 2008 Women in Business Achievement Award. The award was presented at a luncheon on December 15th at the Norfolk Waterside Marriott. Jo-Kell is an electrical distributor and solutions provider servicing the military, commercial marine, and industrial marketplace. Kelly is involved locally in Lead Hampton Roads and the Chamber of Commerce. On a National level


Fishing Vessel Hits Jetty, Crew Saved

A U.S. Coast Guardreported that its boatcrew from Station Chetco River, in Brookings, Ore., rescued four people after a 62-foot fishing vessel allided with the Chetco River South Jetty, Monday evening. The crew of the fishing vessel Jo Marie contacted the Coast Guard via VHF-FM radio at 8:16 p.m. Crewmembers from Station Chetco River launched aboard a 47-foot Motor Lifeboat and watchstanders at Coast Guard Sector North Bend, Ore


Stolt-Nielsen Acquires Jo Tankers

Courtesy Jo Tankers

Stolt-Nielsen Limited announced today that it has completed its previously announced acquisition of the chemical tanker operations of Jo Tankers, consisting of 13 chemical tankers and a 50% share in a joint venture with eight chemical tanker newbuildings, representing an enterprise value of $575.0 million.


Ship Sales

Tanker Sentinel - (built 1986) 106,722 dwt sold for $14.4 million. Tanker Bow Explorer - (built 1975) 31,501 dwt sold to Vulcanus for $4 million. Tanker Jo Breid - (built 1981) 26,300 dwt sold to Norwegian buyers for $7.5 million. Bulker Red Rose - (built 1978) 75,720 dwt sold for $2.35 million. Bulker Lionsgate Bulker - (built 1996) sold to London based Greek buyers for $18.25 million. Bulker Litrotis - (built 1981) 64,120 dwt sold at auction in Singapore for $3.5 million.


Wittman to Co-Chair Congressional Shipbuilding Caucus

Rob Whittman was announced as the new Co-chair of the Congressional Shipbuilding Caucus. The announcement came from Congressman Gene Taylor, another Co-Chair for the Congressional Shipbuilding Caucus. Congressman Wittman was elected on December 11, 2007 during a special election to fill the seat left vacant by the late Jo Ann Davis. The Congressional Shipbuilding Caucus was founded by Congressman Taylor and Congressman Davis in January 2005


Durbin: Demolition of Rock Pinnacles Could Begin Next Week

File: Inland pushboat and barges.

At the request of Midwest Senators, Army Corps fast tracked process to keep water and goods moving on the Mississippi River. U.S. Senator Dick Durbin (D-IL)  praised the news that a contract has been awarded for the demolition of rock pinnacles in the Mississippi River and the work could begin as early as next week.  In a November 29 meeting with Durbin and five other Midwest Senators, Assistant Secretary of the Army for Civil Works, Jo-Ellen Darcy


Shearer Group Continues to Expand

Top, from left: Joshua Sebastian, P.E., Engineer Manager; Michael Capitain, Naval Architect, and Ronald Sikora, Designer. Bottom, from left: Jacqueline Ellis, Designer, and Jo Ann Pitzer, Administrative Assistant

The Shearer Group, Inc. (TSGI) announced the continued expansion of its naval architecture and marine engineer practice near Houston. Over the past year the company has made five new additions: Joshua Sebastian, P.E., Engineer Manager; Michael Capitain, Naval Architect; Ronald P. Sikora, Designer; Jacqueline Ellis, Designer; and Jo Ann Pitzer, Administrative Assistant. Joshua Sebastian graduated in 1999 from the U.S. Coast Guard Academy with a degree in Naval Architecture/Marine Engineering


Deurganckdock Around the Clock

 Deurganckdock. Photo: By Antwerp Port Authority

 Trucks coming to load or unload containers in the Deurganck dock in the port of Antwerp will also be able to call at night as of 20 March.    The container terminals MSC PSA European Terminal (MPET) and DP World Antwerp Gateway, both located in the Deurganck dock


IRClass Appointed RO for Iran; opens office in Tehran

Iran RO Agreement Feb 2017 Photo IRS

Indian Register of Shipping (IRClass) has received authorisation as a Recognised Organisation from Iran’s maritime administration – Ports and Maritime Organization (PMO). Strengthening its presence further in the Middle East, IRClass has also set up an office in Tehran to offer its


First collaboration for Sydney City Marine and Damen

Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing ofa Memorandum of Understanding (MOU) with Damen Shipyards Group last year. The works signify the successful cooperation between Damen Services in the Netherlands


Nordic American Offshore Announces Public Offering

Photo:  Nordic American Offshore

 Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement.     Morgan Stanley & Co. LLC, DNB Markets, Inc


Poulovassilis to lead Aegean Shipping

Apostolos Poulovassilis is New CEO Photo Aegean Shipping Management.

Aegean Shipping Management S.A. announces the appointment of Apostolos Poulovassilis as Chief Executive Officer with immediate effect. Mr. Poulovassilis joins the company at an important point in its development, with the upgrade of its tanker fleet in full progress with a clear focus on


PIL Sign MOU with Guangzhou Nansha Development Zone

Photo Pacific International Lines

A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation, deepen business ties, and explore possible future business opportunities and development of a


Stolt-Nielsen's Profits Slip

Stolt-Nielsen Limited today reported unaudited results for the fourth quarter ended November 30, 2016. Net profit attributable to shareholders in the fourth quarter was $22.8 million, with revenue of $463.0 million, compared with a net profit of $22.2 million, with revenue of $474


Digitalisation to Boost Future Shipping

Photo: Danish Maritime Authority

 As a prelude to the 'e-Navigation Underway’ conference, which will take place during the next two days, South Korea's Director General for Maritime Affairs, Mr. Kwang-Youl Park, visited the DMA to talk about cooperation on digitalisation and e-Navigation.  


DryShips Completes $200mln Equity Investment

Pic: DryShips Inc

 DryShips has announced that it has successfully completed the previously announced $200.0 million common stock offering, in which the Company raised net proceeds of $198.0 million, pursuant to the Common Stock Purchase Agreement entered into by the Company on December 23, 2016.  


HMAS Darwin - the First Lady of the Fleet

(L-R) Commanding Officer, HMAS Darwin, Commander Phillip Henry, RAN, Warrant Officer Jo Jordan, Seaman Combat Systems Operator Ashley Martin, Able Seaman Marine Technician Jamal Darawshi, Warrant Officer Andrew Jocumsen, Commander Australian Fleet, Rear Admiral Stuart Mayer, CSC and Bar, RAN and Fleet Command Warrant Officer Warrant Officer Stephen Downey stand with the First Lady of the Fleet Trophy during a ceremony held on-board HMAS Darwin. Photo: Royal Australian Navy

 HMAS Darwin has been recognised as the Navy’s most senior commissioned ship, with the presentation of a newly created perpetual trophy, the First Lady of the Fleet.   Commander Australian Fleet, Rear Admiral Stuart Mayer, presented the trophy to Darwin in January


Strategic Marine, Abu Dhabi Ship Building Sign MoU

Photo courtesy Strategic Marine

Strategic Marine, one of the world’s leading specialist shipbuilding, fabrication and engineering companies, has teamed up with Abu Dhabi Ship Building PJSC (ADSB), a renowned provider of construction, repair and refit services for naval, military and commercial vessels


Keppel Shipyard to deliver FPSO

Photo Keppel Shipyard

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson), a wholly-owned subsidiary of Yinson Holdings Berhad


Cable Laying Software, MakaiLay commissioned

Four Cable Ships Commission MakaiLay Photo Makai Ocean Engineering

In the last few months, the submarine cable industry’s #1 cable installation software, MakaiLay, has been commissioned on four cable laying vessels around the world. KT Submarine (KTS, Korea) recently completed a challenging installation with one of their cable laying vessels, Segero


Scorpio Tankers Reports 4Q Loss

Photo: Scorpio Tankers

 Scorpio Tankers has reported a fourth-quarter loss of $29.7 million or a loss of 18 cents per share.   The shipping company posted revenue of $106.1 million in the period, also exceeding Street forecasts.    Scorpio Tankers sharply reduced its quarterly dividend by 92% to


HAROPA ports Road Shows in Indian cities

HAROPA - Ports of Le Havre, Rouen and Paris to connect India with European markets Photo HAROPA

In a bid to raise the maritime container trade between French port HAROPA and Indian ports, a power-packed delegation is visiting India from February 20-23 to hold road shows in four cities across the country. During the visit, the delegation led by Mr Herve Martel






 
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