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People & Company News: Kings of the Crewboat

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.


NNS Supports SCA Welding Education Program

Welder at work: File photo

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


Newport News Reports Flat 4Q Earnings

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.


Eastern Shipbuilding Looking for Workers

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)


Brazil Port Blaze Pushes Sugar Prices to Year's High

Photo courtesy Port of Santos

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.


Korea Shipbuilder Wins US$400-M Greek Order

Contract: File image

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


Score One For The Crews

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.


$70M Canadian Offshore Oil Contract Awarded

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.


Gadot Chemical Tankers Wins US$80-million International Arbitration

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.


OSX Korea Shipyard to Build 5 Peru Navy Patrol Boats

Image courtesy STX

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


CMA CGM to Reinstate Iran as Port of Call

Photo: CMA CGM

 The Marseille-based French company CMA CGM S.A has announced readiness to start operation in Iran on August 6.    CMA CGM,  the world’s third-largest shipping line in terms of container vessel capacity,  will add Shahid Rajaei port in Iran to its Asia-Europe loop


Mexico to Postpone Deep Water Auction

  Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of upcoming tenders after an inaugural oil auction failed to meet the government's modest


Matson Settles with Hawaii Settle on Molasses Incident

Pacific cargo shipper Matson, Inc. informs that a settlement has been reached with the State of Hawaii to resolve all civil, criminal and administrative claims that the State could have had arising from the discharge of molasses into Honolulu Harbor in September 2013. 


Diana to Acquire Two Post-Panamax Containerships

Diana Containerships Inc. announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels, the m/v Rotterdam and the m/v Hamburg.


Proposed UK Non-dom Tax Changes, No Need to Panic

Gill Smith (Photo: Moore Stephens)

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens says Shipowners likely to be affected by wide-ranging changes to the taxation of non-U.K.-domiciliaries introduced in the U.K. Summer Budget have been urged not to panic by international accountant and


The Hermione Returns to Boston

The Hermione. Photo by Friends of Hermione-Lafayette in America, Inc,

 A replica of the Hermione sailed into jubilation Saturday morning, as hundreds packed into a sunny Boston Harbor, wearing colonial garb and straw hats, listening to the sound of bagpipes, and waving French and American flags.   The Friends of Hermione-Lafayette in America, Inc


Videotel Secures NMA Approval

Logo

  Videotel, the leading international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., has received the approval of the Norwegian Maritime Authority (NMA) for its security training courses. Videotel’s “Maritime Security Awareness


Russia Suspends Kozmino Oil Exports as Typhoon Approaches

Russia has suspended oil exports from the Pacific port of Kozmino on Sunday due to approaching typhoon, Interfax news agency cited a spokesman for oil pipeline monopoly Transneft as saying on Monday. It is expected that the wind will weaken by Monday evening and loadings could resume


More than 100 Shipbuilders Lose Jobs at ASC

Warehouse facilities and workers at ASCs submarine construction and maintenance facility at Osborne, South Australia. Photo: ASC Pty Ltd.

 South Australian defence shipbuilding company ASC has axed 101 blue collar jobs from its facility at Osborne near Port Adelaide.    The submarine and shipbuilder ASC has let go 101 contractors from its facility in Adelaide in a move it says will increase productivity on its air


Platts acquires Petromedia

Matt Cape, CEO, Petromedia

  Platts, a leading global energy, metals, petrochemicals and agriculture information provider, announced today that it has acquired Petromedia, a specialist provider of news and analysis for the shipping and oil industries. The purchase helps extend Platts coverage beyond traditional marine


Vietnam to Go-ahead with $2.5 bln Port Project

  Vietnam's government has agreed on a port project in the southern province of Ca Mau, costing some $2.5 billion according to media reports and which would be able to host some of the world's biggest ships. The Hon Khoai port would be built under a public-private partnership


Newport News Shipbuilding Bags US Navy Submarine Contract

Image: Huntington Ingalls Industries

 The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines.    Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million


Hybrid Power Play: MTU, AKASOL form Partnership

Lothar Holder, Executive Managing Director of AKASOL. Image by: AKASOL

Objective of the teaming is the joint development of energy storage units for hybrid propulsion systems As the world moves increasingly toward cleaner, efficient and more environmentally benign power sources, news from Germany today sees the high-profile MTU Friedrichshafen GmbH forming a


Coast Guard Foundation to Honor HII’s Petters

Mike Petters (Photo: HII)

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced that its 35th Annual Salute to the U.S. Coast Guard will honor Mike Petters of Huntington Ingalls Industries for his long time support of the


1,500 to be Laid Off from Newport News Shipbuilding

Image: Newport News Shipbuilding (NNS)

 Layoffs at Newport News Shipbuilding could top 1,500 from now through 2016 as the company copes with a temporary drop in work, the company president told employees this week.   In a letter to the workforce, President Matt Mulherin said layoffs will exceed 500 people this year






 
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