SIGNAL SHIP REPAIR
In the June 2010 edition of Maritime Reporter & Engineering News (www.marinelink.com), we had the opportunity to meet with Richard Marler, Chairman, President and CEO of Signal International, on the sidelines of OTC to discuss his company’s rapid growth and promising future. – by Greg Trauthwein, Editor What is the primary focus of Signal International? RM Our principal focus is offshore drilling rig and ship overhaul, repair, upgrade and conversion. Additionally, we provide services to the general marine and heavy fabrication markets and are moving into shipbuilding. When and why did you start Signal? RM The company was created in January 2003. After the Friede Goldman bankruptcy, we essentially picked up the offshore sector, which included four yards in Texas and two yards in Mississippi. The name Signal was chosen for its meanings associated with communication and outstanding achievement. To what do you attribute your company’s strong growth? RM On day one we realized that we needed to be diversified, but first and foremost we realized that we needed to be an ISO certified yard, and that we needed to be focused on safety. From the outset we knew we had a challenge entering both old and new markets, and adopted the stance that we would ‘crawl, walk, run.’ How is your company investing?
According to a June 23 report from Seatrade, Grandweld recently held keel laying ceremonies for two 118 ft utility vessels and one 134.5 ft crewboat for repeat customer Humaid Badir Marine Shipping Est., a UAE based fleet operator. The three vessel order is said to signal a strong 2009/10 order book for the Dubai based shipbuilding, ship repair and conversion yard, part of GMMOS Group. (Source: Seatrade)
According to reports, Tugboats began towing Boomtown Casino's gambling barge to a dry dock in Pascagoula. The repairs at Signal International should take about three weeks, company officials said. Penn National Gaming, which owns Boomtown and Casino Magic Bay St. Louis, has committed to rebuild its Coast properties. Company executives are expected to release more information this week when they issue a quarterly earnings report and host a conference call.
BAE Systems unveils research on an advanced positioning system using existing transmissions to calculate accurately the user’s location Military platforms commonly use Global Positioning Systems (GPS) to find their position and navigate. GPS rely upon a specific and relatively weak satellite signal that is vulnerable to disruption. Known as Navigation via Signals of Opportunity (NAVSOP), BAE Systems’ new system is able to calculate its position by making use of the hundreds of
Wilson Electronics, a U.S.-based manufacturer of cellular signal boosters, is targeting inland and coastal waterway users with a new marine initiative. The development of a signal booster kit that improves cellular coverage for boaters on inland waterways and for near-shore mariners means that dropped connections and no-service zones may be a thing of the past. Cellular booster systems take a weak signal – sometimes too faint for a cellular device to detect – and boost it so that
The arrival time for vessels that have been awarded a JIT (Just-in-Time) Transit Service at Panama Canal will be determined based on the conditions listed below, and not the time the vessel arrives at the sea buoy at either terminal of the Canal. In this regard, for booking purposes, vessels will be deemed to have "arrived" at either Canal terminal when radio contact has been established between the vessel and the respective Panama Canal Signal Station, and:
A&P Group's newly reopened dry dock facility, A&P Birkenhead, has recently completed the dry docking and repairs of Mersey Ferries' 464grt passenger ferry Woodchurch. The Woodchurch is the first of three vessels booked into the yard by Mersey Ferries Ltd, the Passenger Transport Authority and Executive for Merseyside. The three ship contract was won in open competition against other UK ship repairers. The two other ferries
The M/V Columbia experienced a malfunction in one of its four generators that resulted in a fire while it was transiting Seymour Narrows on Saturday causing the ship to lose power to one of its two engines. The Columbia was escorted to Duncan Bay by a tug and crews ran assessments of its operating systems before Transport Canada the mCanadian Transport Safety Board cleared the ship to proceed to Ketchikan. The ship left Duncan Bay under full power at about 8 a.m
Less than 24 hours after Hurricane Ida reached the coast of La., trucks were leaving Tideland Signal’s factory loaded with solar powered marine beacons and fog signals desperately needed to mark the Gulf Coast’s vital offshore oil wells. Emergency spares, sent to replace existing equipment damaged during the hurricane, arrived at coastal staging areas ready for immediate deployment well before the coastal helicopter and workboat fleets were set to depart offshore.
Signal International has announced delivery of the MARMAC 304, the second new 300’ x 100’ x 20’ ABS ocean classed deck barge built for McDonough Marine Service by Signal’s Orange, TX Division this year. The barge was designed with an ABS load line maximum cargo capacity of 13,200 short tons and uniform deck strength of 4,500 lbs/sq. ft. It will be ready for charter through McDonough Marine Service in September and eventually will be fleeted in Amelia, La.
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent.
VesselsValue.com is launching Discounted Cash Flow (DCF) valuations to its existing portfolio of daily, automated valuations for the shipping industry. Discounted Cash Flow vs Market Valuations Discounted Cash Flow Valuations is the amount a vessel would be expected to earn as a
Ceremony signals the start of construction for the second SEA-Vista ECO Tanker to be constructed at the General Dynamics NASSCO shipyard in San Diego. General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, signaled the start of construction for the second of three 50
On 1 July 2015, Oranjewerf Ship Repair, which joined Damen Shipyards Group in 1989, will officially change its name to Damen Shiprepair Oranjewerf. This name change will be the final step of integrationfor the yard into Damen Shiprepair & Conversion, part of the Damen Shipyards Group
Japanese shipbuilding and maritime transport company Tsuneishi Holdings has expressed a commitment to invest up to $40 million to open ship repair services in Indonesia, reports The Jakarta Globe. The Hiroshima Prefecture-based company plans to invest US$40 million in a
Puerto Rico Ports Authority issues RFP for Marina District. The project envisions a superyacht marina and dry dock maintenance, repair and overhaul facility at the Port of San Juan The Puerto Rico Ports Authority (PRPA), a public corporation and government instrumentality of the
A discussion with Bob Koerber, General Manager, BAE Systems Ship Repair, San Diego, Calif. Bob Koerber, general manager of BAE Systems Ship Repair in San Diego, served on active duty as a surface warfare officer from 1981 to 1987, then continued to serve as a Navy Reservist
Binsfield Engineering’s TorqueTrak telemetry instruments measure torque, RPM’s and power data. Binsfeld Engineering specializes in transmitting sensor signals from rotating machinery and has been designing wireless, noncontact data transmission systems since 1974
Binsfeld Engineering Inc. announced the release of the new TorqueTrak TPM2 torque and power monitoring system featuring a digital output signal. Targetting the marine, automotive, energy and power generation markets, the TPM2 model features a RS422 full duplex
Singapore-listed Vallianz Holdings Limited, that provides offshore support vessels and integrated marine solutions to the oil and gas industry, has received an investment of $10 million from institutional investor fund United Orient Capital Pte Ltd (UOC).
Stevens Institute of Technology researchers have received a $2-million contract from the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to improve detection of threats coming into the U.S. through container shipments.
The search for the missing Dornier aircraft of Indian Coast Guard and its three crew members is being augmented with underwater search by naval submarine, reports All India Radio. After six days of efforts to trace the missing Coast Guard Dornier aircraft
United Shipbuilding Corporation (USC) has taken on 53.5122% of the voting shares of the long planned Far Eastern Plant Zvezda shipbuilding complex in Russia’s Far East. Zvezda (a company of the Far Eastern Shipbuilding and Ship Repair Center
Drydocks World, provider of maritime and offshore services to the shipping, oil, gas and energy sectors, showcased its global services, projects and infrastructure to an international audience at the 50th Nor-Shipping Exhibition in Oslo from June 2-5, 2015.
Gibraltar-based ship repair company Gibdock informs it has built up a close working relationship with Solstad Offshore, with a number of the Norwegian operator’s specialist offshore craft being repaired at the yard over the past few years