THE BOAT YARD
McDermott Costa Insurance Brokers offers risk-reducing advice to marinas & shipyards regarding third party vendors Third party service providers can pose serious risk and liabilities for marina and shipyard owners. Without the proper due diligence these marine companies could find themselves footing large bills should a dispute occur. As a California insurance agency that specializes in ocean marine insurance for boat yards, marinas, yacht clubs, and commercial boating vessels/fleets, McDermott Costa Insurance Brokers also educates clients about best practices for reducing risk. A third party service provider is any vendor that provides services either to the marina or customers that use the marina. Third parties include repair services, vessel cleaning services, yacht brokers, surveyors, etc. In the summer, marina owners can expect to see more third parties on the premises, therefore need to be aware of the risks associated with them. Those risks include: • Third party injuries sustained due to the actions of marina staff or customers using the marina. • Staff or customer injuries sustained due to the actions of the third parties. • Property damage sustained due to the actions of the third parties or vice versa.
San Marcos, Calif. based SD Model Makers delivered their eighth scale model ship to Tampa, Fla. based Riverhawk Fast Sea Frames. The 1/36 scale, 24.05-inch model is a replica of Riverhawk’s SeaStriker 22 very high speed fast patrol and interdiction craft. The model replicates the actual SeaStriker that will launch in Tampa in May and be on display at the Special Operations Forces International Convention (SOFIC) beginning May 22 in Tampa.
According to Today's Zahman, Black Sea sees shipbuilding boom, Mediterranean springs a leak More than 90 percent of world trade is conducted through sea shipping, making shipbuilding one of the fastest growing industries in the recent boom in global trade, which has grown on average by more than 5 percent annually. As a natural consequence of Turkey being a peninsula located at a strategically central position close to many wealthy European markets
Joey Rodriguez was visiting one of the Gulf Coast�s major shipyards recently. Admiring the huge expanse of space with its several big Manitowoc cranes capable of lifting many tons, he commented to the yard’s CEO, “I am intimidated by all the equipment and space that you have here.” To which the CEO responded, “And I am intimidated by what you are able to build without all this equipment and space.”This exchange sums up the respect that Rodriguez has earned over the years for the
Since planting its roots in 1925 as a small coal delivery business known as the Ohio River Company (ORCO), Midland Enterprises has evolved from one chartered boat and four barges to more than 85 boats and 2,400 barges moving the entire eastern inland waterways system. Established by Albert Converse Ingersoll, the Ohio River Company's main focus at that time was to float West Virginia coal to Cincinnati using its premiere boat — the E.D. Kenna
The recently developed Damen ASD Tug 2411 is a real push-pull ASD Tug, designed primarily for working over the bow. This tug is a powerful 4,200 kW vessel that develops a bollard pull of around 70,000 kg; full ahead to full astern in a ship's length, turning around in 10 seconds. With the introduction of the Damen ASD Tug 2411, Damen Shipyards has put a new type of port tug on the market: very compact, with an enormous bollard pull
Schat-Harding, a maker of lifeboats and davits, reported a strong orderbook in the third quarter of 2004, with orders totaling $16 million booked, driven by strong demand from passenger ships, offshore rigs, LNG and ice-class tankers and naval vessels. Key passenger ship orders included six CTL38 cruise tenders and 14 MPC32 compact cruise lifeboats with PD davits for two MSC newbuildings at Chantiers de l'Atlantique
During an "All-Hands" celebration held at the Coast Guard Yard on Oct. 2, four members of the Maryland Congressional Delegation and the Coast Guard's Assistant Commandant for Systems presented three prestigious awards to the shipyard's work force. Employees of the yard, its tenants commands and invited guests numbered nearly 900 and enjoyed the mid-morning festivities on the parade grounds of the 101 year old shipyard in Baltimore, Md
General Dynamics Electric Boat has been awarded a $100.4 million contract modification by the U.S. Navy to provide lead-yard services for Virginia-class nuclear-powered attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Under the contract, Electric Boat will develop, maintain and update design drawings and data, including technology insertions, for each Virginia-class submarine throughout its construction and post-shakedown availability periods.
Raymond Viguerie and, more recently his son Peter, have been building pushboats at a yard on a bayou just off the Itntacoastal Waterway that skirts the Gulf of Mexico. Their Intracoastal Ironworks sits between the bayou and the Bourg-LaRoxe Highway has recently expanded into the neighboring property. In the past they have built a variety of boats, but in recent years focused their efforts on a standard 72- by 30- by 10-foot push boat with two steering and four flanking rudders
Researchers from the U.S. National Oceanic and Atmospheric Administration (NOAA) and its partners are set to visit what remains of two ships—a German U-boat and a Nicaraguan freighter – which sank off Cape Hatteras during World War II’s “Battle of the Atlantic
The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered
The Company: For more than 60 years, Gladding-Hearn Shipbuilding has built steel and aluminum commercial vessels. Located on 6.5 acres on the deepwater Taunton River in Somerset, Mass., the family-owned and operated shipyard counts more than 417 vessels built as proof of its longevity and vessel
Sometimes being an industry supplier offers interesting insights – your business is touched by the ups and downs of the charter market, but you are never so involved in it that you lose sight of the big picture. Some of our clients have been hit hard by the market’s general downturn;
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, has announced certain developments related to its newbuilding program.
Euroseas Ltd.announced that it has signed an addendum to its shipbuilding contract with YJZ yard for the construction of Kamsarmax vessel Hull Number YZJ 1153 scheduled to be delivered during the first quarter of 2018. According to the addendum, the Company acquired the option until December 31
Vard Holdings Limited (VARD) has increased its ownership stake in its indirect subsidiary in Brazil, Vard Promar, to 95.15%. Vard Promar, previously held 50.5% by VARD’s wholly-owned subsidiary, Vard Group AS, and 49.5% by a local partner, PJMR Empreendimentos Ltda
Damen Shipyards Antalya has secured ISO 9001, ISO 14001 and OHSAS 18001 certification, an achievement that coincides with a period of rapid expansion that has seen the addition of three new production halls within the space of two years.
Lake Assault Boats, manufacturer of purpose-built and mission-specific fire and rescue boats, has placed into service a 28-foot fireboat with the City of Conroe Fire Department in Conroe, Texas. The craft was delivered in mid-May. Assistant fire chief for the City of Conroe Fire Department
Private partnerships, executed perfectly – that’s West Coast boatbuilding in today’s challenging business climates. P3 Partnerships: no, we’re not talking about infrastructure funding. But, in our P3 version
In a historically weak contracting environment the cruise sector has seen a strong level of newbuild ordering and investment in the year to date, says a research report by Clarkson. Cruise lines have continued to expand their fleets, with new markets such as China in their sights
The Company: Over time, the Blount shipyard has built more than 365 vessels. Today, Blount Boats’ clients include Fire Island Ferries, Casco Bay Island Transit District, Puerto Rico and Municipal Islands Maritime Authority, Spirit Cruises, Circle Line Statue of Liberty (Hornblower)
Simultaneous attention to four offshore support vessels at Gibdock demonstrates that the Gibraltar yard is now a regional hub for this specialized repair, maintenance and renewal work, operating as a base for mobilisation and de-mobilisation projects.
The Company: Brunswick has been in the business of building boats for commercial and military applications for more than fifty years. From its beginnings as an arm of the legendary Boston Whaler brand to now – part of Brunswick Corporation
Ten people have drowned while five are still missing after a wooden boat carrying 17 people capsized in the province of Riau Islands on Sunday morning, reports the Jakarta Post. The boat capsized in rough seas and sank off Indonesia's Bintan island, south of Singapore.