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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


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


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.


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 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


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


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.


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


Dryships to Expand into VLGC sector

The Table

DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas


Levenson Appointed Director, Great Lakes

 The Board of Directors of Great Lakes Dredge & Dock Corporation the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today that Ryan Levenson has been appointed to the Board of Directors


Damen's CEO Receives KIVI Honorary Medal

Rene Berkvens receives an honorary medal from KIVI Photo Damen

On December 21, René Berkvens, CEO of Damen Shipyards Group, received the KIVI Honorary Medal for Marine Technology. KIVI (est. 1847) is the professional association of engineers in the Netherlands. The ceremony took place at Delft Technical University during the symposium ‘Maritime


TTS Worldwide is OL USA

Cargo ships entering one busiest ports in world Singapore Photo OL International Holdings

OL International Holdings LLC (OL International) today announced the renaming and rebranding of TTS Worldwide as OL USA. Effective February 1st, 2017, the change is the latest and most symbolic development in an aggressive, multi-year strategic expansion plan for OL International’s


Power Presented with Alexander Hamilton Award

Photo courtesy of National Coast Guard Association

The National Coast Guard Museum Association, Inc. presented the 2016 Alexander Hamilton Award to Coast Guard veteran and founder of J.D. Power and Associates, Inc., J. David Power III, who served as an officer aboard the Coast Guard icebreaker EASTWIND during the mid-1950s.


Albert Takes the Helm at VT Halter

Paul J. Albert (Photo: VT Halter)

Paul J. Albert has been appointed as the President and CEO for VT Halter Marine, effective immediately. “Paul's proven leadership and operational skills in managing complex shipbuilding projects makes him the right choice to lead VT Halter Marine


Ten Appointments to Australian Naval Shipbuilding Advisory Board

Christopher Pyne Photo Pyne Website

The Minister for Defence Industry, the Hon Christopher Pyne MP, today announced the appointment of 10 Board Members to the Naval Shipbuilding Advisory Board, chaired by Professor Donald Winter. “The establishment of the Advisory Board is an important milestone in the Government’s naval


Industry Slams EU Proposal to Impose Regional ETS

Photo:  International Chamber of Shipping

 The global trade association for shipowners, the International Chamber of Shipping (ICS), says that a unilateral decision by the European Union to incorporate international shipping into its regional Emissions Trading System (ETS) will polarise and impede current discussions on additional


North Asian MR Rates Rise on Strong Winter Demand

© Igor Terekhov / Adobe Stock

The medium range (MR) tanker market in the North Asia has firmed this week, with rates recovering from last month’s lowest levels in 2016 as charterers rushed to fix an influx of fresh cargoes before the holiday season. Rates for the key South Korea-Japan route grew by $20,000 w-o-w to $290


RoPax Ferry Takes Shape at Niron Staal

Keel-laying ceremony for RoPax Ferry (Photo: Damen Shipyards Group)

Niron Staal, part of Damen Shipyards Group, has performed a keel-laying ceremony of the hull of a passenger ferry. On completion, Damen Shipyards Hardinxveld will carry out the final outfitting work of the 5212 RoPax for an African client.  


Scorpio Tankers says Upsized and Extended Credit Facility

Courtesy Scorpio Tankers

Scorpio Tankers Inc. announced the upsizing and extension of its BNP Paribas Credit Facility. The Company has received an additional $27.6 million commitment from BNP Paribas to upsize its BNP Paribas Credit Facility. The $27.6 million increase of the bilateral financing will bear interest at


Brazil's EDPI Ship Repair Yard Project gets Funding Approval

EDPI Ship Repair Yard Project Receives Priority from FMM Photo  Empresa de Docagens Pedra do Ingá

 At the 33rd ordinary meeting on Thursday, 1 December, the Board of Directors of the Merchant Marine Fund (CDFMM), at the Ministry of Transport, Ports and Civil Aviation in Brasilia (DF), approved to finance basis 2.15 billion reais for the construction of a new ship repair facility in Brazil


Kleven Delivers 116 m Superyacht

Norway’s Kleven has delivered a 116 m superyacht to its owner, Graeme Hart. The vessel left Kleven Verft in Ulsteinvik, Norway this weekend, heading for Germany, where the final completion of the vessel is to be carried out by mid 2017.   


Next Geosolutions Boosts Middle East Presence

Ennio Lucidi Next Geosolutions’ Middle East general manager Photo Next Geosolutions

Next Geosolutions is set to increase its international credentials in the Arabian Gulf, with a seven figure investment. The independent geoscience and engineering service provider has launched a new multi purpose-built operational facility in the Hamriyah Free Zone of Sharjah (UAE)


Collaboration Lays Benchmark for International Award

Royal Australian Navy Adelaide Class Frigate, HMAS Newcastle sails off the coast of Cable Beach, Western Australia during Exercise Northern Shield 2016. Photo: Royal Australian Navy

 A combined Defence and industry team has won the International Association of Contract and Commercial Management Innovation Award for Operational Improvement.     The FFG Enterprise is a collaboration between Defence's Capability Acquisition and Sustainment Group






 
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