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 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
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
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
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
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
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.
Minaminippon Shipbuilding Co said it will open by April 2008 a shipyard able to build 100,000-ton tankers on land to be purchased in Oita Prefecture's waterfront industrial belt. The Oita Prefecture builder of tankers and auto carriers will also build a repair dock at the new facility and expand an existing shipyard elsewhere in Oita in view of growing shipping activity worldwide, company officials said, adding it will spend 14 billion yen on the capital investment. Source: Kyodo News.
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
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
Gondan GRP Division has handed over two 36 knots maximum speed patrol boats. Yesterday the GRP Patrol Boats built for the Maritime Service of the Spanish Guardia Civil by Gondan Shipyard were officially delivered in Cádiz, Andalucía.
Cummins Inc. opened a global logistics hub in Singapore yesterday, one of the company's eight master distribution centers for parts and filters globally. The Singapore Global Logistics Hub boasts a total investment of $5.4 million and is part of the company’s efforts to enhance its
New R&D test facilities in Friedrichshafen already in service; 40 million euros invested for greater fuel economy and lower emissions Rolls-Royce Power Systems informs it is investing in the development of the next generation of ecological sound and cost efficient combustion
Port of Busan aims to handle 13 million TEU of trans-shipment cargo by 2020 ranking it number two in the world. A long-term vision and strategy to develop the Port of Busan into a global transshipment hub port has been announced by the Korean Ministry of Ocean and Fisheries together
CSIRO is set to increase confidence in large scale solar by more accurately predicting how different solar photovoltaic (PV) systems will perform on Australian shores. Over the course of a 32 month project supported by $1.3 million ARENA funding
New AED 20 million facility will pack and transport dry bulk products for petrochemical and mineral manufacturers Abu Dhabi Ports celebrated the groundbreaking of Schmidt ME Logistics’ new facility in Khalifa Port’s industrial, trade and logistics zone, Kizad
The Korean Register informs it has formally opened the Green-ship Equipment Test Certification Center in Gunsan, Jeonbuk, Korea. This large-scale facility will be operated by KR and has been built with the full support of Korea’s Ministry of Oceans and Fisheries and the governments
Global Diving & Salvage, Inc. announced the expansion of its California regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global’s core service lines: marine construction
Mammoth dry dock investment to support construction of 20,000 TEU containership series During the second half of the 20th century, the Japanese ruled commercial shipbuilding. Today, numerous competitive forces in the Far East, led by South Korea and China
Busan Port unveils plans to fuel booming cruise sector; Korean government backs national cruise industry In response to Northeast Asia’s rapidly growing attractiveness as a cruise destination, South Korea’s port of Busan is bringing new facilities on-stream this year and has
Lifting Gear Hire’s (LGH) Kansas City, Mo. warehouse has relocated to a new facility within the city. The new warehouse will help LGH provide faster equipment rental turn-around times for customers in and around the Kansas City area, the company said
Three of the world’s largest and grandest ocean liners - the Queen Mary 2, the Queen Elizabeth and the Queen Victoria - paid a historic visit to salute the city of Liverpool, the original home of their owners, cruise-line company Cunard
New office increases the capacity of the AVEVA Center of Excellence for Operations Integrity Management Solutions AVEVA announced that it is opening a new Center of Excellence for Operations Integrity Management Solutions for Owner Operators (OOs) in the oil and gas
Global Diving & Salvage, Inc. has expanded its California Regional operations with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global's core service lines; Marine Construction, Casualty Response, Offshore Support
For 70 years, Beier Radio has provided engineering, sales, and service for marine electronics around the globe. As the corporation marks its 70th anniversary, it also unveils a new name for the operating company known for its advanced vessel control and navigation systems