VT Halter Marine won a contract to build three 330,000-barrel tank barges for Crowley Maritime Corporation's subsidiary, Vessel Management Services Inc. The vessels, which include the cost of owner-furnished equipment, are valued at approximately $254m. They are the largest in Crowley Maritime's history and the fastest in their class. VT Halter Marine is the US operations of ST Engineering's marine arm, Singapore Technologies Marine Ltd (ST Marine). VT Halter Marine currently has three contracts with Vessel Management Services Inc. to build the tugs and 185,000-barrel barges for 10 Articulated Tug Barge (ATB) units, at the total value of approximately $515m. This latest contract will bring the total contractual value with Vessel Management Services to $769m. The 330,000-barrel tank barges for today's contract are similar to the 185,000-barrel barges being built at VT Halter Marine, but they will have about 78 percent more cargo handling capacity. When completed, they will be operated in the US coastwise trade by Crowley Maritime's petroleum services segment. Recent facility improvements, including the extension of the launch system, have enabled the US shipyard to accommodate vessels up to Panamax in size, thereby meeting the rising demand for vessels with higher cargo capacity and deep water capability.
VT Halter Marine Inc. and the National Oceanic and Atmospheric Administration will hold a combined keel-laying ceremony on June 15 for two NOAA ships under construction at VT Halter’s Moss Point, Miss., shipyard. Bell M Shimada is the last of four fisheries survey vessels of the same design constructed for NOAA. Ferdinand R. Hassler is a small waterplane area twin hull coastal mapping vessel, the first of its class to be designed and constructed by VT Halter Marine.
VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems) has finalized an agreement with the U.S. Government to complete two contracts, including the construction of a Fisheries Research Vessel for the National Oceanographic Atmospheric Administration (NOAA) and the construction of a Logistic Support Vessel for the U.S. Army. The Agreement, known as a “novation” provides an arrangement for VT Halter Marine to complete the multi-million dollar construction
In what amounts to what would be an amazing turn of fortune over a number of years, Bollinger Shipyards, Inc., Lockport, La., has signed a contract, pursuant to approval of the U.S. Bankruptcy Court, to acquire the assets and operations of Halter Marine from Friede Goldman Halter, Inc. Bollinger Shipyards has always been regarded as a well-run builder of quality vessels for the U.S. and foreign markets. However, less than a decade ago
Heavy transport shipping company Dockwise Shipping B.V. took delivery of the M/V Blue Marlin after her conversion into the world's largest semi-submersible heavy transport vessel able to carry heavy cargoes up to 73,000 tons. After a conversion of three months at the Hyundai Mipo Dockyard Blue Marlin has re-joined the Dockwise fleet with an increased deadweight capacity of 76,061 tons. The beam has been increased by 21 m, which results in an increased unobstructed deck area of 11,227 sq
VT Halter Marine, Inc. (VTHM), a company of Vision Technologies Systems, Inc. (VT Systems), announced a change of senior leadership. After more than 46 years in the shipbuilding business, including nearly two decades at VT Halter Marine, President and CEO Bill Skinner has announced his retirement. Skinner previously served as President, CEO and Director of ADDSCO Industries (1985-1989), the parent company of Alabama Maritime Corporation
VT Halter Marine Inc., a subsidiary of Vision Technologies Systems Inc., will relocate its corporate office to its Pascagoula Operations in Jackson County, Miss., effective July 1, 2004. VT Halter Marine currently owns six shipyards in Mississippi, two of which are fully operational. Boyd E. King, Chief Executive Officer stated, “With this move, VT Halter Marine will be more integrated and this will position the company for growth and future facilities expansion
VT Halter Marine To Build Two Additional Offshore Support Vessels VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced that Hornbeck Offshore Services, Inc. (NYSE: HOS) has exercised the options for two additional Offshore Supply Vessels (OSV), valued at a total of US$89m with deliveries expected in the fourth quarter of 2014 and first quarter of 2015. VT Halter Marine announced on 18 November last year that it had secured the contract
VT Halter Marine Inc, a subsidiary of VT Systems Inc., announced the arrival of a 12,000 MT Floating Dry Dock transported by a heavy lift vessel from the Philippines. The dock dimensions are LOA- 546 FT x B 128.5 FT x D 46 FT. The dry dock is part of an overall expansion plan to the south yard in Pascagoula where VT Halter Marine is adding a repair facility for semi-submersible drilling rigs and Panamax-size ships.
VT Systems subsidiary VT Halter Marine says it has constructed and delivered the ocean-going 112-ft Articulated Tug Barge (ATB) Tug, 'Denise A. Bouchard', for Bouchard Transportation Co., Inc (Bouchard). Measuring 112 feet by 35 feet by 17 feet, the 4,000hp tug is classed by ABS as A1 Towing Vessel, Dual Mode, and is equipped with an Intercon Coupler System. Construction of the vessel began in March 2013 and the tug was launched in February 2014
Shipping giant MISC Bhd and oil and gas services provider Bumi Armada Bhd are said to be in merger talk involving the consolidation of the floating production storage offshore (FPSO) businesses of both companies, say local media reports.
The South Korean shipyard STX Offshore & Shipbuilding is apparently close to a bankruptcy if not yard soon find new vendors who are willing to pump huge sums into the yard. Otherwise, there is the prospect of a collapse in the first half of the 2016th.
Simrad HALO Pulse Compression Radar, the world’s first high-performance recreational solid-state, open-array radar system with pulse compression technology, has won the prestigious 2015 Design Award METS (DAME) in the Marine Electronics category at the Marine Equipment Trade Show in Amsterdam
COMPAC, Thordon Bearings’ seawater lubricated propeller shaft bearing system, won the Tanker Shipping & Trade Environment Award following a verdict that the system allows shipowners to cost-effectively comply with stringent marine pollution rules.
South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives, as it reels from massive losses, reports Yonhap.
The keel for the second Commitment Class liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ship for Crowley Maritime Corp.’s liner services group was laid yesterday during a ceremony at shipbuilder VT Halter Marine, Inc
For the 6th consecutive year, the Maritime and logistics awards (MALA) ceremony took place on 4th September at the Leela Hotels, Andheri east, Mumbai. The awards, which were started in 2009 by the Nikhil Modi’s Exim team, are the most prestigious awards for the shipping fraternity in
Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group is now 25 percent complete, the company announced.
The factory acceptance test (FAT) of the first ME-GI engine in Japan recently took place at the Tamano Works of Mitsui Engineering & Shipbuilding Co., Ltd. (MES), overseen by classification society DNV GL. The engine, developed by MAN Diesel & Turbo
South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships. The shipbuilders' earnings are expected to remain in the doldrums until the first half of 2016
For 44 years, the National Marine Electronics Association (NMEA) has bestowed its NMEA Best Product Awards to marine electronics manufacturers for product excellence. Over that time, Furuno has been the most recognized company in the marine electronics field with a total of 215 wins
MOFFETT, part of Cargotec's Hiab business area, announced that CCF Limited, part of Travis Perkins plc, is the winner of its 70th anniversary charity auction. CCF placed the winning bid of €53,000 for the privilege of owning a unique, tailor-made
Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group reached another milestone, with the installation of three LNG fuel tanks
Creditors of South Korea's Daewoo Shipbuilding and Marine Engineering Co. will pour 4.2 trillion won about (US$3.68 billion) into the ailing shipyard to help it get back on track, the main creditor bank said, according to South Korea's (Yonhap) News Agency.
Shipbuilder VT Halter Marine, Inc. and Bouchard Transportation Co. Inc. announced the launch of M/V Morton S. Bouchard Jr., a 6,000hp Twin Screw Articulated Tug Barge (ATB) tug, on October 29, 2015. The M/V Morton S. Bouchard Jr. is part of a two-vessel contract awarded to the shipyard