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United States Marine Cuts Ribbon to New Facility

United States Marine, Inc., began the new year with a ribbon cutting ceremony at its new facility in Gulfport, Miss. As a result of the damage inflicted by hurricane Katrina to the New Orleans division, USMI relocated their facilities to Gulfport. The new facility has enabled USMI to resume normal production and service operations. The new facility is located at 10011 Lorraine Road in Gulfport. USMI plans to also return to the New Orleans facility as an added production facility once the infrastructure returns to eastern New Orleans. The actual ribbon cutting was performed by Tom Dreyfus, the Chairman and founder of USMI.


Trico Announces $50M Refinancing of Credit Facility

Trico Marine Services, Inc. announced that it has entered into a new $50 million revolving credit facility to refinance its previous $45 million credit facility. The new facility will mature on December 18, 2005, and is structured as a senior secured revolving credit facility. Proceeds from the facility will be used for working capital needs, capital expenditures and other general corporate purposes. The facility will be secured by mortgages on substantially all of the company's Gulf


GE Oil & Gas New Facility in Jebel Ali Free Zone

GE Oil & Gas has been a successful growth partner in the Middle East

  GE Oil & Gas today celebrated the ground-breaking of a new facility that will further expand its presence in the UAE in Jebel Ali Free Zone (Jafza). Scheduled to open in 2015, the new facility spreads over an area of 22,700 sqm and can accommodate over 300 employees. A milestone in the expansion of GE Oil & Gas in the country and the region, the new facility will offer services by GE Oil & Gas’ various business units, thus strengthening customer service standards


Grandweld Opens New Dubai Shipyard

Grandwell Shipyards Inauguration: Photo credit Grandweld Shipyards

Grandweld Shipyards' new facility inaugurated in a ceremony at its location in Dubai Maritime City. Over the years, the company has experienced a rapid growth necessitating expansion to a larger facility. In 2011, Grandweld  invested approximately AED 100 million to expand its manufacturing and production area to double its annual capacity. Spreading over 55,000sqm, Grandweld new state of the art facility offers a modern shipbuilding infrastructure; featuring 13


W&O Opens Facility in Vancouver

W&O, supplier of marine valves, pipe, fittings, engineered products and valve automation systems, is now incorporated in Canada and has opened a new facility in Vancouver, BC Canada.  The new facility will directly service Canadian customers and support W&O’s overall growth in the Canadian maritime market. The new Vancouver facility and dedicated staff develop customized maritime solutions for ship owners/operators, shipyards and marine engineers


CENTA Moves Up in Chicago

CENTA Corporation (www.centa.info) is moving to a new facility in Aurora, IL effective October 15, 2007. The new building features over 23,000 sq. ft. for office, warehouse, and manufacturing & assembly space. Bob Lennon, CENTA Corporation’s Director of Sales and Marketing, says the new facility will help the company service the significant sales growth seen over the last several years, and will provide the room necessary for forecasted future growth


New Facility to Boost Trade in Falmouth

From early April ships visiting the Port of Falmouth will be able to use a brand new service to receive and recycle oil slops, thanks to a joint venture between ship-repair and conversion specialist A&P Falmouth and marine oil terminal operators, Falmouth Oil Services (FOS). The new facility is set to boost trade in the port, providing a valuable service to ships using the busy shipping lanes of the English Channel as well as facilitating faster turnaround on vessels in dry dock which


New Examination Facilities put Felixstowe Ahead

Transport Minister, Robert Goodwill MP (left) has opened a new examination facility at the Port of Felixstowe

  A new ambient-temperature food examination facility has been formally opened at the Port of Felixstowe, the Port of Britain, by Transport Minister, Robert Goodwill MP.   The £4 million investment included a major refurbishment and expansion of the examination facilities and the provision of new offices for Suffolk Coastal Port Health Authority.   Commenting on the new facility, Robert Goodwill MP said:  


NAVFAC Pacific Awards Contract for New Communications Facility

The Naval Facilities Engineering Command (NAVFAC) Pacific awarded Watts Constructors, LLC, of , a $46.9 million, firm-fixed-price contract on March 5 for construction of a new communications center at Naval Computer and Telecommunications Area Master Station (NCTAMS) Pacific. The work includes construction of a new single-story, steel framed building that will be equipped with raised floors, moveable interior walls, fire-suppression system, conference rooms, and emergency electrical power


Moore Stephens Branches Out To Russia

Shipping accountant Moore Stephens has continued its expansion in Russia by opening an office on Sakhalin Island in Russia's Far East. Martin Rix will move from Moore Stephens' Vladivostok office to set up the new facility, while Chris Chasty, a senior shipping partner of Moore Stephens London will be the responsible partner.


Seacat Set for Offshore Wind Rush

Courtesy Seacat Services

Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction   9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services


Euronav Gets Credit Line of $ 410mln

Photo: Euronav NV

 Euronav NV announces has signed a new USD 410 million senior secured amortizing revolving credit facility.    The facility has been made available on 16 December 2016 for the purpose of refinancing 11 vessels as well as Euronav’s general corporate and working capital


Euronav Secures Loan for VLCC Refinancing

Photo courtesy Euronav NV

Tanker shipping company Euronav NV announced it has signed a new $410 million senior secured amortizing revolving credit facility. The facility has been made available on December 16, 2016 for the purpose of refinancing 11 vessels as well as Euronav’s general corporate and working capital


Qatargas starts operations at Laffan Refinery 2

Photo: Qatargas Operating Company Limited

 Qatargas, the world's largest LNG producer, announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar.    The project will refine 146,000 barrels per day of condensate from the North Field


Fourth Submarine in UK’s Astute Class Named

Photo: BAE Systems

The fourth submarine in the Astute class was officially named Audacious during a December 16 ceremony at builder BAE Systems’ Submarines site in Barrow-in-Furness, Cumbria.   Guests watched as Lady Jones, Audacious' sponsor and wife of Admiral Sir Phillip Jones


Nautican Brings New Facility, Jobs to Summerside

With the support of Babcock, Nautican will establish a manufacturing and integration facility in Prince Edward Island Photo Nautican

A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province.   The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce


Nautican Brings New Facility, Jobs to Summerside

Photo courtesy of Nautican

A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new


Steel Handling Facility for London Thamesport

London Thamesport and the Armitt Group have signed an agreement for a purpose-built, 120,000 square feet specialist steel handling facility. Pictured at the signing are (l to r) Nicholas Marshall, Commercial Director Armitt, Clemence Cheng, Managing Director Hutchison Ports Europe (seated), Allan Seedhouse, Director Armitt, Charles Gray, Managing Director Armitt (seated), Mark Taylor, Director, Hutchison Logistics (UK) Photo  Hutchison Ports)

London Thamesport has signed an agreement with UK shipping agent and logistics company The Armitt Group for a purpose-built, 120,000 square feet specialist steel handling facility at the Kent port.   Construction of the first phase of 60,000 square feet is well underway


Rigmarine Opens Aberdeen Facility

Photo: Rigmarine

Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch, 30 miles to the northwest of Aberdeen, Scotland. The site, strategically positioned to serve the offshore oil and gas, renewables, construction, break bulk


Stevens Institute Dedicates ABS Engineering Center

ABS Chairman, President and CEO Christopher J. Wiernicki addresses attendees at the dedication ceremony for the new ABS Engineering Center at Stevens Institute of Technology - Copy

ABS Chairman, President and CEO Christopher J. Wiernicki addressed attendees at the dedication ceremony for the new ABS Engineering Center at Stevens Institute of Technology on 17 November 2016, encouraging students to use these facilities to work toward solving industry challenges.


OMEGA Engineering Relocates its Headquarters

Fifty years ago, OMEGA Engineering, Inc. was a small privately held company that was woman owned and operated. Today it's a global manufacturer and supplier of process measurement and control products, operating out of brand new world headquarters


Lind Marine Acquires Moose Boats

Photo: Moose Boats

Lind Marine, a Petaluma, Calif. dredging contractor which provides tug and barge services throughout the San Francisco Bay area, has acquired Moose Boats, an aluminum commercial boat building company.   Lind Marine currently operates a five-acre shipyard including a 430ft dry-dock and 1


New Container Terminal Inaugurated in Iraq

Enrique K. Razon Jr., ICTSI Chairman and President, cuts the ribbon symbolizing the formal opening of the BGT expansion area, the first entirely foreign financed new port infrastructure in Iraq. Photo ICTSI

International Container Terminal Services, Inc. (ICTSI) formally opened the first phase of its new greenfield terminal development at its Basra Gateway Terminal in the North Port, Umm Qasr, Iraq.   The official inauguration of the new facility marks the implementation of the first entirely


New Saudi Arabia Shipyard to be ‘World’s Largest’

Photo: Royal HaskoningDHV

Developers of a new shipyard in Saudi Arabia say the facility will be the largest maritime yard in the world providing a range of services, including large shipbuilding, large ship repair, offshore rigs fabrication and offshore support vessel repair.  


Construction Begins on UK’s Next Submarines

Photo: BAE Systems

BAE Systems welcomed the Right Honorable Sir Michael Fallon MP, Secretary of State for Defense to Barrow-in-Furness shipyard to press a button, commencing the first metal-cut for the Successor program.    The secretary of State's visit follows a recent U.K






 
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