Leading global shipbuilder and defence prime contractor Austal has acquired a shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels. The $7 million acquisition of the former FBMA Marine shipyard enables Austal to establish shipbuilding operations at the West Cebu Industrial Park at Balamban, in the province of Cebu. Austal will invest a further $5 million to enhance the shipyard’s existing facilities. Austal plans to commence vessel construction in the first quarter of 2012, dependant on orders, and expects to employ about 30 workers during the start-up phase. Future workforce growth is expected in line with market demand, and the site allows for efficient expansion of the facility when future operational and market conditions require. Austal Chief Executive Officer Andrew Bellamy said the acquisition of the former FBMA shipyard is an important milestone in Austal’s corporate strategy to meet the requirements of key commercial vessel markets by further regionalising its shipbuilding operations. “Our strategic review earlier this year found that there is strong demand in specific segments of the international commercial vessel market, such as fast crew transfer boats, work boats and 30 metre to 50 metre ferries,” he said.
Three major Japanese shipbuilders are forming an alliance on commercial vessels and ocean engineering to survive competition with South Korean shipyards. The three firms -- Ishikawajima-Harima Heavy Industries, Kawasaki Heavy Industries Ltd and Mitsui Engineering & Shipbuilding Co Ltd will cooperate on joint procurement of materials and design skills for building commercial vessels, aiming to cut production costs. They will decide in one or two years whether to spin off their divisions for
The Australian Maritime Safety Authority (AMSA) informs that the latest maritime developments will be the focus at the inaugural combined national shipping and domestic commercial vessel conference in Melbourne in November, 2014. AMSA Chief Executive Officer Mick Kinley said it was the first time a combined shipping and domestic vessel conference had been held by AMSA. “Maritime 2014 will bring together international
The Environmental Protection Agency (EPA) will host a webcast on July 27 at 1:00 pm Eastern Daylight Savings Time for vessel operators required to comply with the Vessel General Permit (VGP). EPA will discuss the vessel Electronic-Notice of Intent (e-NOI) system to apply for coverage, as well as provide answers to a few key frequently asked questions about the permit. Finally, industry professionals who have direct experience implementing the VGP on various classes of vessels
The nation’s major shipbuilders are expected to undergo a mild recovery on the back of a pickup in demand for commercial vessels and liquefied natural gas (LNG) carriers, reports 'The Korea Times' as informed by experts and analysts. The analysts forecasted that the nation’s leading builders such as Hyundai Heavy Industries (HHI), Samsung Heavy and Daewoo Shipbuilding and Marine Engineering (DSME) are well positioned to win more premium vessels ahead of their Chinese and Japanese
The Passenger Vessel Association (PVA), representative of owners and operators of U.S.-flagged passenger vessels of all types, has developed a manual to help its members comply with the U.S. Environmental Protection Agency (EPA)-issued General Permit for wastewater discharges incidental to normal vessel operations. The PVA Manual for Compliance with the EPA Vessel General Permit (VGP) for Discharges Incidental to the Normal Operation of a Vessel is a service by PVA for its members
Mercury Marine announced today that it has acquired Teignbridge Propellers Ltd., headquartered in Newton Abbot, United Kingdom. Teignbridge Propellers produces bronze and Nibral (nickel, bronze, aluminum) propellers for yachts, patrol boats and commercial vessels. In addition to its line of standard and custom propellers, Teignbridge also produces a complete underwater package of stern gear for inboard-powered vessels, which includes rudders, shafts, struts, seals, logs and bearings.
HydraTech Engineered Products of Cincinnati, Ohio has selected the Great Lakes Group and Puerto Rico Towing as exclusive distributors of Marine HydraWrap. The Great Lakes Group, located in Cleveland, Ohio, operates a full service shipyard and specializes in all types of marine repair services. Puerto Rico Towing and Barge Company located in San Juan, Puerto Rico provides towing services and vessel assistance to commercial vessels and barges throughout the Caribbean
The US National Geospatial-Intelligence Agency (NGA) issued a Memorandum stating, among other things, that Israeli naval ships have established a closure area in the eastern Mediterranean Sea off the coast of Lebanon (between 34-05N and 33-06N and between 034-00E and the coastline). Ships will not be allowed to enter or exit this area. Note: Due to armed conflict in this area, it is recommended that all commercial vessels give this vicinity a wide berth. Source: HK Law
Raytheon Marine and Samsung Industries have entered into a cooperative agreement to meld key components of Raytheon's Integrated Bridge System into Samsung's Naru 2000, which is an ECDIS-based Integrated Navigation System. The agreement is designed to further additional business in Asian markets - a large chunk of the industry's shipbuilding. The joint-venture with Samsung is expected to bring in an additional $10 million per year in new sales revenue.
Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group. MARIS is a supplier of data solutions to the commercial maritime sector related to navigation
The Coast Guard and commercial mariners rescued three people who were reported overdue on a skiff near the Chuuk Atoll, Thursday. The motor vessel, Nord Venus located the three male survivors approximately 23 miles north of Chuuk.
First Commercial Vessel in North America with Triple IPS and Dynamic Positioning Fort Ripley, a new offshore emergency response craft now entering service in Charleston, S.C., is reported to be the first commercial vessel in North America to be powered by triple Volvo Penta IPS drives.
Fednav, a Canadian-owned company and world leader in Arctic navigation, today announced that its vessel, the MV Nunavik sailed from Deception Bay en route to China via Canada's Northwest Passage, with a full cargo of nickel concentrate
15351 SW 29th St. Ste 300 Miramar, FL 33027 Telephone: 786 417 3496 E-mail: email@example.com Website: www.zfmarinecc.com CEO/President: Wolfgang Schmid Number of Employees: 100 The Company: ZF Marine supplies propulsion system components for yachts, defense craft, high-speed ferries
1300 Volvo Penta Drive Chesapeake, VA 23320 Tel: 757.382.4010 Email: Lindsy.firstname.lastname@example.org Website: www.volvopenta.com CEO/President: Ron Huibers Number of Employees: 1,400 The Company: Volvo Penta, with approximately 4,000 dealers in more than 130 countries
New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote on Joining New Union Uniting with the International Organization of Masters, Mates & Pilots will bring added clout
Acquired less than two years ago, Damen Shiprepair Dunkerque is a relatively new addition to the group’s worldwide network of ship repair and conversion yards. Originally called Arno Dunkerque, the shipyard was officially renamed Damen Shiprepair Dunkerque on September 1 this year and brings
Marine propulsion system technology providers ZF Marine says it expanded its portfolio of transmissions for the commercial craft segment when two hybrid-ready systems were launched at the recent SMM show in Hamburg. Daniel Härter has also taken charge as CEO of ZF Marine Propulsion
Caterpillar Marine will launch the Cat C4.4 ACERT generator set for commercial vessels at the 2014 SMM Exhibition, held September 9 -12 in Hamburg, Germany. Designed to provide essential, nonessential or emergency power across a wide range of commercial platforms, the new C4
The U.S. Coast Guard (USCG) published a final rule aligning its regulations with the 2010 Coast Guard Authorization Act. Before 2010, certain uninspected commercial vessels including barges and sailing vessels fell outside the scope of the statute requiring the Coast Guard to regulate lifesaving
Shipbuilders Council of America (SCA) informs that The House Subcommittee on Coast Guard and Maritime Transportation held a hearing today on America’s domestic maritime industry with a special focus on how the industry is responding to America’s surging domestic energy production.
Chairman Duncan Hunter (R-Calif.) and the Subcommittee on Coast Guard and Maritime Transportation are scheduled to hold a hearing today on “The Status of the Merchant Marine”. Below are Hunter’s opening remarks. The Subcommittee is meeting today to review issues impacting the U
Caterpillar Marine says it is due to unveil new power ratings for the Cat C175 propulsion engine for commercial vessels at the 2014 SMM Exhibition, currently underway in Hamburg, Germany. Designed specifically as a high speed power solution for commercial applications including ocean going and
ZF Marine Propulsion today introduced the new workboat transmission family ZF W 10000 enhancing the range of ToughGear series transmissions. The brand new ZF W10000 transmission, introduced at the 2014 SMM show in Hamburg, is the latest commercial vessel transmission from ZF Marine