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Metal Trades

Aker Philadelphia Shipyard's CBA Ratified

Aker Philadelphia Shipyard

  Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, announced today that a new four year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC). The PMTC is the exclusive bargaining representative for production and maintenance employees at APSI and consists of ten unions.   Mike Giantomaso, Aker Philadelphia Shipyard Vice President of Human Resources remarked, "We are pleased to have successfully ratified this agreement and are very proud to continue our partnership with the PMTC. This contract supports our company's vision of being the leading U.S. commercial shipyard and underscores our objective of being a preferred employer in our communities."   President of the Philadelphia Metal Trades Union, Lou Agre, commented "This contract ratification is another example of successful collaboration between union and management, and a clear example of how cooperation keeps organizations moving forward."  

U.S. Navy Contract for DH Barges


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

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.

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.

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.

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

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

DP World to Develop Ukraine Logistics

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem with President Petro Poroshenko during their meeting in Ukraine recently.

Global trade enabler DP World has recently signed a Memorandum of Understanding (MoU) with the government of Ukraine to collaborate on matters of mutual interest, including the development of logistics capability in the country.   On a recent visit to Ukraine

Electric Motors for Marine Applications

A waterproof motor with stainless steel exterior (Photo: Empire Magnetics)

Empire Magnetics President Richard Halstead discusses the critical considerations necessary for engines operating in Arctic waters.    A large number of vessels sail in more than one ocean, from warmer seas to arctic waters, so motors for marine applications must be versatile enough to

Seaborne Trade’s Key Role

Graph: Clarksons Research

 Shipping plays a major role in the world’s industries, facilitating the transport of large volumes of raw and processed materials. Clarksons Research takes a look.   However, the maritime sector forms a much more important part of the global supply chain for some commodities and

Zim Adds Pacific North West Service

Photo: Zim Integrated Shipping Services

 Zim Integrated Shipping Services (ZIM) is introducing an additional Asia-Pacific North West Trade route, CEN – (China Express Northwest service) with the following rotation: Xingang – Qingdao – Shanghai – Prince Rupert – Xingang.   

NYK Jointly Develops Innovative Anti-rust Agent

Marine Guard 100 (MG 100), has rust conversion properties Photo NYK

NYK and Agua Japan Co. Ltd. have jointly developed an innovative anti-rust agent to prevent iron and steel rust on vessels. The new agent, Marine Guard 100 (MG 100), has rust conversion properties, and paint containing the agent can be applied to metal surfaces.  

New Orleans Port Signs Mou With Cuba

Manuel Fernandez Perez Guerra, Director General of the National Port Administration of Cuba, and Brandy Christian, Port of New Orleans Chief Operating Officer, sign a memorandum of understanding in Havana Oct. 4. Louisiana Gov. John Bel Edwards (standing directly behind Christian) and Michael Kearney, Chairman of the Port of New Orleans Board of Commissioners (standing front right), were among the 50-member Louisiana trade delegation that visited Cuba Oct. 3-7. Photo NOLA

Port of New Orleans Chief Operating Officer Brandy Christian joined Louisiana Gov. John Bel Edwards in signing a memorandum of understanding with Cuba on Oct. 4 pledging to expand trade and commerce opportunities between Louisiana and the Caribbean nation

ICC Releases its Latest Trade Finance Survey

Image: ICC

 According to this year's Global Survey - which received 357 responses from 109 countries worldwide - 61% of respondents reported a global shortage of trade finance.    Only 52% of respondents reported an increase in trade finance activity, compared to 63% in 2015 and 80% in 2012

Container Shipping Line of the Year Award Goes to MSC India

Photo: Mediterranean Shipping Company (U.K.) Ltd

 MSC India is celebrating winning an award at a prestigious trade event. The agency took the prize for Container Shipping Line of the Year India - Europe Trade Lane in the 7th All India Maritime and Logistics Awards.   Held at the St Regis Hotel in Mumbai

New Lobster Boat Under Construction in North Carolina

(Image: Custom Steel Boats)

Custom Steel Boats, Inc. of Merritt, N.C., in collaboration with Ted & Todd’s Marine of Beaufort, N.C., announced a new construction project. Custom Steel Boats is building a 70-foot steel hull lobster boat, Two Dukes, for Captain Eric, Inc of Seaville, N.J

Why Should I Care About Thermal Insulation?

Photo: Thermal Structures, Inc.

Compliance, Safety, Insurance, Emissions & Maintenance   There are a million important things to worry about on any vessel, so why does high-performance thermal insulation deserve a place on the list? Answer: Because it has a very important role to play in keeping your vessel out on the

Baltic Exchange Succumbs to Singapore as Shipping Turmoil Deepens

File photo: Nordic Bulk Carriers

The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history.  

ClassNK: Guidelines on Laser-Arc Hybrid Welding

class nk logo .jpg

Classification society ClassNK has released Guidelines on Laser-Arc Hybrid Welding (Ver. 3) aiming to support the widespread application of laser-arc hybrid welding in shipyards.   Laser-arc hybrid welding is a high quality and highly-efficient welding process which combines both laser and

Little Rock Port Authority Reports August Shipping

Total barge tonnage through the Port of Little Rock in August was 57,000 net tons.  Dock activities continue to compare favorably to calendar year 2015 as Logistic Services, Inc. has handled 347 barges during the first half of 2016 year and 560

Perishable Reefer Trade Growth to Remain Strong

Graph: Drewry Shipping Consultants Limited

 Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 – and is forecast to grow further still in 2016.    By 2020, seaborne reefer cargo will reach a staggering 120 million tonnes – increasing by an

MN100: Jagco Industries

(Photo: Jagco Industries)

The Company: Jagco Industries is a manufacturer of Flexible metal hose assemblies for automotive, Inland Marine, industrial, trucking & Rail. It also manufactures “UNI-FLEX” exhaust couplers for cars & trucks. More familiar to workboat clients

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