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New Facility

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

CENTA Moves Up in Chicago

CENTA Corporation ( 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 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

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

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

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.

Shipyard to be Built in Oita

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.

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

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

Euronav Acquires $ 750 mi Facility

Euronav secures $750m bank loan

  The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB Bank ASA and Nordea Bank Norge ASA acting as Coordinators, Mandated Lead Arrangers and Bookrunners and ABN AMRO Bank NV

DP World Nhava Sheva Helps Enhance Efficiency

Nhava Sheva International Container Terminal is part of DP World’s Subcontinent Region

  DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and manmade crisis.

Bulk Handling Facility Commissioned in Townsville Port

Port of Townsville Limited – Northern Australia’s Transport Link to the World

  Northern Stevedoring Services (NSS) and the Port of Townsville Limited (POTL) have announced the official commissioning of a state-of-the-art bulk handling facility in South Townsville. The facility, which cost $15 million to construct

SCHOTTEL Pumps €45 Million into New Factory

Shrink fitting of shaft and bevel gear; ©SCHOTTEL

SCHOTTEL, a German manufacturer of marine propulsion systems, has invested a total of €45 million to open a new state-of-the-art Rudderpropeller factory, increasing the company’s production capacity by roughly 30 percent.  

AVEVA Expands Services for Owner Operators

Photo: AVEVA

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 Opens S. California Office


  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

Beier Radio is now Beier Integrated Systems

Beier Radio is Now Beier Integrated Systems

  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

Gondan Delivers Patrol Boats Rio Belelle, Rio Agueda

Photo: Gondan Shipyard

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 Opens Logistics Hub in Singapore

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

Rolls-Royce Bolsters R&D for MTU Engines

Rolls-Royce Power Systems will be use the new facilities to test new combustion processes, advanced technologies for electronic regulation and control and, from mid-2016, alternative fuels such as gas. Rolls-Royce Power Systems has invested some 40 million euros in the new testing facilities at MTU. (Photo: Rolls-Royce)

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

Korea Plans Big for Busan Port

Photo: Busan Port Authority

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

Marad Visits TX Maritime Technology & Training Center

The San Jacinto College Maritime Technology and Training Center will open in January 2016 to become one of the regions only campuses built specifically for mariner training and as a home to the states first maritime transportation associate degree program. All San Jacinto College maritime training is currently operating out of a facility in Pasadena, Texas. Photo credit: Jeannie Peng-Armao

United States Maritime Administration tours Maritime Technology and Training Center site.   Administrators from the United States Maritime Administration (MARAD), along with staff from United States Senators John Cornyn and Ted Cruz, recently visited the construction site of the Maritime

Hoover Container Solutions Opens Facility in Brazil

Photo: Hoover Container Solutions

Hoover Container Solutions, a global provider of chemical tanks, cargo carrying units and related products and services, opened its new service facility in Brazil.   The wash line facility allows Hoover to provide expanded cleaning services while handling all intermediate bulk containers

Georgia Hooks Trident Seafoods

Trident Seafoods new production and distribution center in Carrollton, Ga., includes an 88,000 square-foot manufacturing floor overlooked by 18,000 square feet of office space and another 20,000 square feet of support area. (Photo: Georgia Ports Authority)

Trident Seafoods has opened a $40 million production and distribution center in Carrollton, Ga., providing 175 full-time jobs and the capacity to produce 50,000 tons of finished products annually for the U.S. market.   "We are excited to add Trident to our family of customers

Nominations Invited for BIMCO Awards

Award Nominations

  BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015.   Angus Frew, Secretary General at BIMCO, said, “We are looking forward to receiving nominations from

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