By Larry Pearson Family businesses are not only numerous in the offshore vessel owners arena, but among the shipyards that build these boats as well. Gulf Craft, owned by the Tibbs family, is an excellent example of a company that has been building aluminum boats during the last five decades and has prospered under two generations of family ownership, and is positioned for a smooth transition to the third generation. The shipyard is located in Patterson, La., along Bayou Teche. The yard was founded by Scott Tibbs in 1965 and began by building small aluminum vessels of all kinds. By the early 1970's, Gulf Craft built its first crew boat for Norman McCall Boat Rentals, a 75-ft. vessel named the Joseph Alan. Since then they have built over 50 additional crew/supply boats for McCall and the present company Seacor Marine. "Over the past 30 years there has almost always been a McCall or Seacor Crew vessel under construction at Gulf Craft," Scott Tibbs said. Scott's three sons Scott II, Kevin and Bryant began their shipyard careers early in life, Scott II (or Scottie) remembers. " We began working in the yard as teenagers after school and in the summer." Today Scottie (41) is Comptroller, Kevin (40) is President and Bryant (39) is the Purchasing Agent. Scott, now 64, has turned the operation of the shipyard over to his three sons.
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has donated training materials to the Southern Carolina Regional Development Alliance (SCA) for a welding program in Allendale County, S.C. The SCA's Advanced Manufacturing Skills Training Program has already provided 47 students with welding training. The SCA is now working to expand the program by implementing curricula developed and used by Newport News Shipbuilding
Military ship and submarine builder Newport News Shipbuilding Inc. on Friday posted flat fourth-quarter earnings, but beat targets in part on a ramp-up in activity on the Virginia-class submarine and a stock buyback that cut the number of shares outstanding. For 2001, the company said revenues would be even with last year, as first-quarter revenues are hurt by submarine volume reported in the last quarter of 2000. Still, per-share profits should grow due to improved margins.
According to a Dec. 6 report from the News Herald, Eastern Shipbuilding Group is looking to hire 80 to 100 additional full-time employees, a company official said Wednesday, at a time when multiple area companies have announced temporary or permanent job cuts. Eastern Shipbuilding currently needs pipefitters, heavy equipment operators, painters, carpenters, inside/outside machinists and welders. (Source: News Herald)
STX Offshore & Shipbuilding Co. has signed a deal with the defense ministry of Peru to build five patrol ships for 75 billion won (US$71.3 million) reports Yonhap News. Citing the shipbuilders, Yonhap adds that STX will deliver the ships by the end of 2015, and that in March 2012, the company signed a first contract for building the same type of ships with Colombia's defense ministry. Source: Yonhap News
Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management, a unit of Greece’s largest shipper Angelicoussis Group, according to Yonhap News. Daewoo Shipbuilding plans to deliver the tankers by 2016, the company informed Yonhap in an e-mailed statement. The two companies have also signed a separate contract with an option to change the tankers' bunker-C oil-fuelled
In a good news/bad news ruling, a London judge ruled in an appeal case that a crew's rights to wages from the proceeds of a vessel's sale took precedence over a bank holding a mortgage over the ship. The claim centered on the sale in 1997 of the vessel Turiddu after the First National Bank of Maryland obtained judgment as mortgagees against the owners, the Maltese Pius Shipping Company, for $1.67 million.
According to a Nov. 10 report from CBC News, A major contract has been awarded to start work on Newfoundland and Labrador's Hebron offshore oil project. U.S. construction company Peter Kiewit has won a $70m contract for engineering and site preparation. The work will be done at Bull Arm fabrication site in eastern Newfoundland. Kiewit is sharing the work with Aker Solutions, and Exxon Mobil is leading the consortium to develop Hebron.
The sale of Gadot Chemical Terminals and Tankers Ltd. by Israel Discount Bank (TASE: DSCT ) will be able to move forward, after the London Maritime Arbitration Association ruled in the company's favor in the hearing against a Chinese shipyard from which it ordered four ships in 2007, reports Globes [online], Israel business news. The arbitration tribunal awarded Gadot $80 million, which it will receive in a few weeks, and which will reduce its debt and boost its value.
A fire in the Copersuca company's huge sugar terminal in the Port of Santos has burnt some 180,000 tonnes of raw sugar, damaging six warehouses and pushing international prices to a one-year high. reports the BBC News. The authorities in the port of Santos informed the BBC it took six hours to bring the fire under control, while the cause of the fire is unknnown and the cause of the blaze is still being investigated.
On the last day of what proved to be a busy Workboat show in New Orleans, Mikael Lindner, President, Scania North America, sat with Maritime Reporter & Engineering News to reflect on the current and future direction of the power company’s marine business in North America.
Combining Huntington Ingalls Industries’ (HII) S.M. Stoller Corp. and Newport News Nuclear subsidiaries, the company has created Stoller Newport News Nuclear (SN3), a full-service nuclear operations and environmental services company.
Tanzania's Energy and Minerals Minister Sospeter Muhongo resigned on Saturday amid a graft scandal that has rocked the gas-rich country and led Western donors to delay aid, though he called himself "incorruptible" and denied wrongdoing.
The United States and India have reached a breakthrough on two issues holding up civil nuclear cooperation between them, U.S. President Barack Obama told a news conference in New Delhi on Sunday. The two countries signed a landmark civilian nuclear deal in 2008 but trade was stymied by
Hutton’s Group has launched a new website to provide up to date and easily accessible information to its customers throughout the world. The new website – www.huttons-group.com – provides comprehensive information on the products and services provided by the worldwide
The first of three bulk carriers was delivered to Archer Daniels Midland Company (ADM), unique in that the ship features a host of innovative technologies, including the Mitsubishi Air Lubrication System (MALS), which reportedly helps the ship to achieve a 27% reduction in CO2 emissions as
BAE Systems has named Joseph Campbell as vice president and general manager of the company’s Ship Repair business, effective Jan. 14. Campbell succeeds Bill Clifford, who will retire after a successful 46-year career in the U.S. Navy and the private sector.
The International Transport Workers’ Federation (ITF) said it has welcomed today’s announcement that Dr. Cleopatra Doumbia-Henry is to be the next president of the World Maritime University (WMU) in Sweden. ITF general secretary Steve Cotton said, “This is great news
Georgia has become the 100th Party to the Convention on the International Maritime Satellite Organization (IMSO C 1976) and accepted the 2008 amendments, the International Maritime Organization (IMO) said in a news statement. His Excellency Revaz Gachechiladze
Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea following similar moves by rivals to reduce costs in one of the world's most expensive exploration areas as oil prices tumble. Although the cuts are relatively small for companies with dozens of thousands of employees
Braemar Shipping Services said its ship broking division saw an improvement in its performance during the last quarter. The merger in July with smaller rival ACM Shipping also came in as shot in the arm. A strong dollar and weak oil prices are good for business, too, and freight rates
U.S. President Barack Obama and British Prime Minister David Cameron on Friday pushed back against calls for further sanctions on Iran now over its nuclear program, saying such action could harm ongoing negotiations. In a joint news conference, Obama and Cameron urged U.S
Chinese authorities have confirmed that 21 people were killed and one is still missing after a tug boat undergoing sea trials sank in the Yangtze River, the state-run Xinhua news agency reported on Saturday. The boat had 25 people on board when it sank on Thursday and three were rescued
Nakilat-Keppel Offshore & Marine (N-KOM), which recently celebrated its fourth year in operation, has seen an increasing number of tankers dry docking at its facility in Qatar. With the introduction of de-mucking and de-slopping facilities
With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013