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.
Ceona, SURF contractor with heavy subsea construction capabilities, has entered into a Joint Venture (JV) with Seaweld Engineering which will act as a strategic partner for offshore deepwater construction projects in Ghana. The JV allows Ceona to extend its operations in West Africa and build
Irwin F. Edenzon, the retired president of Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division, accepted the Navy League of the United States' Fleet Admiral Chester W. Nimitz Award last night. The Navy League presented the award at the annual Sea-Air-Space Black Tie Reception and
Thomson Cruises’ newly acquired Splendour of the Seas will be renamed Thomson Discovery when it joins the company’s fleet in summer 2016 and it will homeport in Palma. Before setting sail under the Thomson name, the ship will undergo a re-brand and refurbishment.
Huntington Ingalls Industries (HII) today hosted Sen. James M. Inhofe, R-Okla., for a tour of the company's Newport News Shipbuilding division. The senator, a military veteran, also met over breakfast with sailors from Oklahoma serving aboard the aircraft carriers USS Abraham Lincoln (CVN
The Russian Defense Ministry has rejected the media reports that the Russian trawler tragedy in the Sea of Okhotsk that claimed 56 lives was due to a collision with a submarine, informs the state news agency TASS. Russian media quoted the spokesman for the Russian Navy, Gen
A nuclear submarine caught fire in a shipyard in Russia's northern province of Arkhangelsk on Tuesday but there were no weapons on board, Russian news agencies reported. The Emergencies Ministry declined comment on the reports of the fire at the Zvyozdochka shipyard
Firefighters at Zvyozdochka shipyard in Russia's northern province of Arkhangelsk partially flooded a nuclear-powered submarine to extinguish a blaze that started aboard the vessel. The vessel - classified as Oscar-II by NATO - is a cruise missile type sub which carries nuclear
China and Vietnam have pledged to look for a peaceful resolution to their dispute in the South China Sea via talks, following a meeting between China's president and the head of Vietnam's Communist Party, state news agency Xinhua said on Wednesday.
For third consecutive year, SENER has participated in the 2015 edition of the ASNE Day, the yearly Congress and Exhibition, organized by the American Society of Naval Engineers from the United States. Like years before, the venue was located in Arlington, close to Washington DC
WesPac Midstream LLC (WesPac) and its affiliate Clean Marine Energy LLC (CME), announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America. The first 2,200 cu. m
ConRo vessel M/V Marjorie has attained main engine light off while under final construction at VT Halter Marine, Pascagoula, Miss., signaling that the ship’s complex network of systems is complete and functional prior to delivery to Honolulu-based Pasha Hawaii
Terragon Environmental Technologies Inc., a developer of waste-to-resource technology solutions, has entered into a strategic partnership with Green Marine Capital (GMC). Terragon CEO and Co-founder Dr. Panayotis Tsantrizos said the partnership will allow the company to commercialize its products
Chevron’s new 100BN cylinder oil Taro Special HT 100 offers ship owners the ability to achieve the latest emissions legislation and has now received interim approval for its use in another key engine range – products made by Winterthur Gas & Diesel Ltd (formerly Wärtsilä)
Saudi Arabia's Ras Tanura port, a major oil operations centre for Saudi Aramco, was shut on Monday because of bad weather, two shipping industry sources told Reuters. "The port is closed completely - today at 11.30 a.m. (local time) there is fast wind, poor visibility and no movement
Shares in Brazil's Petrobras rose 6 percent on Monday after local media reported that the state-run oil company plans to sell a stake in petrochemicals firm Braskem SA for around 2.8 billion reais ($903 million). The report in Broadcast, the real-time news service of newspaper Estado de S