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Metal Trades

U.S. Navy Contract for DH Barges

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Metal Trades, Inc. was contracted by Maybank Industries. LLC to build two new types of double hull barges for the U.S. Navy.  Three “YON” fuel barges and one Ship Waste Offloading Barge (SWOB) will be built, each type with identical 6,900 barrel capacity cargo and double hull configurations.  The ABS classed barges are being designed by Bristol Harbor Group of Bristol, RI to be 180 feet long and 44 feet wide.  Production Engineering services are being performed by Bluewater Designs, Inc. of Delray Beach, FL. This is the second time that Metal Trades, Maybank Industries, and Bristol Harbor have teamed up to design and build a new type of double hull barge for the U.S. Navy that meets the latest operational requirements with full compliance with the Oil Pollution Act of 1990.  Compared to the previous contract that built two 14,000 barrel fuel barges for the U.S. Navy, this contract addresses two new requirements – a more compact fuel barge design for space-constrained facilities and also a new type of double hull barge to offload and dispose of waste oil from naval vessels. According to Shaun Flynn, Metal Trades’ President, “All of us that worked on the previous YON program are elated that the U.S. Navy has great confidence in our team’s ability to design and build a high quality end product that is helping to keep the waterways clean and safe.”


AFL-CIO Metal Trades Dept. Seeks Ruling for Jones Act

The AFL-CIO Metal Trades Department (MTD), representing workers at Aker Shipyard in Philadelphia, has urged the U.S. Coast Guard to investigate the yard's "partnership" with South Korea's Hyundai Mipo Dockyard to determine whether ships Aker is building, specifically a series of ten Veteran Class MT-46 Product Tankers, comply with the requirements of the Jones Act. The Department has also held discussions with key members of Congress to start inquiries on the Hill.


U.S. Labor Seeks Ban on Some Foreign Ship Parts

The Metal Trades Department of the AFL-CIO has sued the U.S. Coast Guard over allowing domestic shipyards to use preassembled foreign ship parts and engines, Ron Ault, president of the MTD, said on Tuesday. Preassembled ship parts require little or no assembly at U.S. shipyards, and cut the need for U.S. labor at these yards, he told Reuters in an interview. MTD, a trade department of the American federation of labor unions, coordinates negotiating


China Port Metal Scandal Hits CITIC Shares

 CITIC Resources Holdings Ltd said on Tuesday that metal it owns at Qingdao port may be affected by a probe into suspected fraud, the latest firm caught up in a scandal that has raised broader worries about the risks of metal financing in China. The probe at the Chinese port, where a third-party firm is suspected of using single cargoes of metal multiple times to obtain financing, has also shaken markets amid fears the problems could extend to other ports and force a crackdown on using


Chinese Port Probe May Spread to Iron Ore, Soybeans

The Chinese probe into financing of copper and aluminium may spread to other commodities such as iron ore and soybeans, an executive of a commodity hedge fund said on Wednesday. Banks and trading houses have been making urgent checks on the security of metal holdings in China, sparked by a suspected fraud at Qingdao Port, the world's seventh biggest. Police are investigating the duplication of warehouse receipts by a third-party firm on metal cargos used to obtain financing.


Citi Has $280m Tied into China Ports at Center of Metals Probe

Citigroup Inc has about $280 million in loans tied to commodities in two Chinese ports which are at the center of a probe into possible fraud, a senior executive said on Friday, becoming the first U.S. bank to disclose its potential exposure. The total is a large portion of the bank's roughly $400 million worth of so-called repo commodity financing deals in China. Short for repurchasing agreements, repo deals give customers access to short-term credit in exchange for goods.


Morse Rubber Completes Metso Acquisition

Morse Rubber LLC completed a purchase of assets, which include various product ranges and the Keokuk, Iowa manufacturing facility, from Metso Minerals Industries. The acquired products include Morse Marine Bearings, marine bumpers and engineered components. The manufacturing facility comprises 120,000 square ft. under roof with capabilities that include rubber to metal bonding; large scale molding; extruding; machining of rubber, composites and metals as well as metal welding and fabrication


Fab Metal Shop Waterjet Cutting Services

Jet Edge, Inc., announced that Fab Metal Shop of Long Beach, Cal., is offering waterjet cutting services on a state-of-the-art Jet Edge High Rail Gantry waterjet cutting system. Fab Metal Shop can cut virtually any material with its Jet Edge waterjet machine, including metals, stone, resin, woods and plastics. The company’s Jet Edge High Rail Gantry waterjet system features a 6’X12’ work envelope. Fab Metal Shop equipped its waterjet system with a Jet Edge Permalign II


Metal Action Machining Ltd. Certified to AS9100

Metal Action Machining Ltd. (the CNC Division of Analytic Systems) has announced that they have been certified to the International Standards Organization (Certificate number AS-1197), Aerospace AS9100 Quality Management System. On the heels of being certified to ISO9001-2008 one year ago, Metal Action decided to upgrade to the Aerospace Certification.  This will allow Metal Action to obtain new aerospace contracts for the likes of AVCORP, ASCO, Boeing, Bombardier, etc


Jet Edge Awarded U.S. Patent

Michael Wheeler with Patent

Metal-on-Metal Waterjet Seal Eliminates Conventional Plastic Seals, Cuts Number of Consumable Seals in Half Jet Edge, Inc. has announced  that the United States Patent and Trademark Office has issued the waterjet manufacturer a patent for a high pressure fluid sealing mechanism designed by Jet Edge R&D Engineer Michael Wheeler.   Jet Edge’s proprietary high pressure fluid sealing mechanism (U.S


Trading Dutch Well Placed to Pursue Russia Sanctions

The seafaring Netherlands prides itself on being a trading nation, reluctant to let politics get in the way of a good deal. But since the downing, allegedly by Moscow-backed rebels in eastern Ukraine, of Malaysian Airlines flight MH17 with the loss of 193 Dutch lives


Volvo Penta Diesel Sterndrives for Metal Shark Patrol Boats

Metal Shark now offers Volvo Penta diesel sterndrives in its 29 Defiant patrol boats for customers requiring optimum performance, durability and maneuverability. The 29 Defiant can now be ordered with twin Volvo Penta D4-225 sterndrives. The first boat has just been placed into service by the


Master Marine Delivers Their First 2000HP Z Drive Towboat

Master Marine, Inc. delivered their first 2000HP Z Drive inland river towboat

Master Marine, Inc. have just delivered their first 2000HP Z Drive inland river towboat last month.  MMI has not been as active in the past years building towboats as the other yards in the area. This towboat represents the first vessel (Entech Design) of this series by the yard with


BV Group Launches Maritime Pilot Phase

Bureau Veritas Group Launched Maritime Pilot Phase for its Single Window for Foreign Trade

  Bureau Veritas Group Launched Maritime Pilot Phase for its Single Window for Foreign Trade in Togo. The ceremony took place in Lomé, under the patronage of the President of the Republic, His Excellency Faure GNASSINGBE and in the presence of Prime Minister


Historic Great Lakes Shipwreck Possibly Discovered

Main: diver uses Diver Mag on reef. Top: diver searches with PT-1. Bottom: Le Griffon.

Steven Libert, president of the Great Lakes Exploration Group, announced he has located what is believed to be the remains of Le Griffon, the first European ship to have sailed the upper Great Lakes. The 45-ton barque carrying seven cannons was built by the legendary French explorer


Port Manatee Reports Dynamic Trade Boost

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Port Manatee reported a dynamic increase in trade activity, and said exports are poised to get a further boost when Air Products begins exporting liquefied natural gas heat exchangers from the port next year.            


Total CEO Calls for Increased Use of the Euro

Totals chief executive officer (CEO) Christophe de Margerie

  French oil giant Total's chief executive officer (CEO) Christophe de Margerie said on Saturday, although they can not do without the dollar, but the euro should play a more important role in international trade. BNP Paribas was after U.S


SPNM Strategy for Higher growth trajectory

Meeting with US officials

  Striving to grow mutually with other organizations has been a strategies of Shipping Professional Networking (Mumbai) which has seen its membership swell rapidly every since it was established three years ago. This was evident at SPNM's 9th Networking event held on 4th July at the Acres


Obama Trade Law Survives Chinese WTO Appeal

U.S. President Barack Obama (White House photo)

China failed to overturn a U.S. law targeting unfair trade subsidies on Monday, when the World Trade Organization's Appellate Body said it did not have enough information to uphold China's appeal against an earlier WTO ruling. China had claimed that the U.S


Metal Shark Hires Wegener as Sales Director

Carl Wegener (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development


CITIC Starts Court Proceedings Against Qingdao Port Operator

  China's CITIC Resources Holdings Ltd has begun court proceedings against the operator of a bonded warehouse at Quindao port as legal action ramps up following an investigation into metals financing fraud at the world's seventh busiest port.


Negotiations on WTO Environmental Goods Agreement

Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement

  Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement on 8 July 2014 at the WTO. These members said the talks will promote green growth and sustainable development while providing impetus for the conclusion of the Doha Round.


Ingalls Shipbuilding Celebrates Apprentice Graduation

Graduate apprentices 2014: Photo HII

Huntington Ingalls Industries (HII) informs that it has held a graduation ceremony for graduates of Ingalls Shipbuilding's Apprentice School. The ceremony, held at the Mississippi Gulf Coast Convention Center, celebrated the accomplishments of 72 students representing various crafts at Ingalls.


WTO Rules Against US Import Tariffs on China Steel, Solar Panels

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World Trade Organization judges found on Monday that the United States had violated global trade rules by imposing import duties on a range of Chinese steel products and solar panels that Washington asserted had government subsidies. But the three-member panel also rejected some of the Chinese


US Weighing Options on WTO Ruling

The United States is weighing its options after a World Trade Organization ruling on a Chinese challenge to anti-subsidy duties imposed on a range of steel products, solar panels and other goods, the office of the U.S. Trade Representative said on Monday.






 
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