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New Hires

New Hires for Bristol Harbor Group and Shearer Group

Christian Olavesen

New Hires for Bristol Harbor Group, Inc. and The Shearer Group, Inc., Naval Architects and Marine Engineers. Bristol, RI and Seabrook, TX – September 9th, 2011 – Bristol Harbor Group, Inc., Rhode Island, and its sister company, The Shearer Group, Inc., Texas, have added James J. Stusse and Christian Olavesen to their respective professional staffs. In July of this year, James was added as a Senior Naval Architect at Bristol Harbor Group, Inc. (BHGI). He is a graduate of the Webb Institute, and most recently worked as a naval architect and production manager for New England Boatworks, Portsmouth, Rhode Island. James brings more than a decade of post graduate experience to Bristol Harbor, most of it in aluminum boat design and construction, and is a welcome addition to BHGI’s growing team of naval architects and marine engineers. James J. Stusse, Senior Naval Architect, BHGI Christian is a 2011 graduate of the naval architecture and marine engineering program at the University of New Orleans, and has passed the Fundamentals of Engineering exam, which is the first step to becoming a Professional Engineer. Christian joined The Shearer Group, Inc.’s (TSGI) office in Seabrook (Houston), Texas in May, and will initially focus on inland tank and deck barge design, as well as Z-Drive towboat design and conversion.


Crowley Presents Maritime Security Enhancement Award

Continuing its support of students wishing to enter maritime, transportation and logistics fields, Crowley Maritime Corporation recently presented Tyler A. Stutin, a U.S. Merchant Marine Academy (USMMA) midshipmen, with the Crowley Maritime Security Enhancement Award. Vic Goldberg, Crowley vice president of marine operations, recognized Stutin, during the 2007 Academic Awards Convocation at Kings Point in June. Candidates for this award must demonstrate exceptional interest in and


Seacor Smit Announces 4Q Results

Seacor Smit Inc. announced net earnings for the fourth quarter ended December 31, 2001 of $18,679,000on revenues of $109,804,000. For the twelve month period ended December 31, 2001, net earnings were $70,701,000, or $3.43 per diluted share, on revenues of $434,790,000. In the comparable quarter ended December 31, 2000, the company earned $11,109,000, or $0.60 per diluted share, on revenues of $88,301,000. Net earnings in the prior twelve months were $34,120,000, or $1


Iran’s IOOC Hires 39 Vessels

The rental contract for 39 tugboats and vessels to speed up projects at Iranian Offshore Oil Company (IOOC) has already been signed and the proposal to get three more is still under study, company’s manager said. All the vessels All the vessels are hired for five years with total average fee of $40m per annum, he said in conclusion. Source MNA


Climax Portable Machine Tools Announces New Hires

Climax Portable Machine Tools, Inc. a global leader in comprehensive, on-site machining solutions for the power generation, shipbuilding, industrial and engineering sectors, announced that Scott Simmons has joined the company as the Vice President of Manufacturing and Brian Harris as Vice President of Sales. Simmons is an expert in lean manufacturing and will assist Climax in streamlining the workflows and shipment of their machine tools


Jensen Adds Eight Employees

Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, continues its hiring boom with the recent addition of eight new naval architecture, marine engineering and administrative professionals in the company’s Seattle, New Orleans and Jacksonville offices. The new hires bring additional expertise in the fields of naval architecture, marine and electrical engineering, marine construction and accounting


USACE Hires Team for Lock Mitigation

The USACE, New Orleans District has hired a team to help implement a $33 million Community Impact Mitigation Plan for Industrial Canal lock-replacement in New Orleans. The team members include: · Gregory C. Rigamer & Assoc., Inc. (GCR), Metairie, the prime contractor · Metro-Source L.L.C., New Orleans · College of Urban and Public Affairs, University of New Orleans · Habitat for Humanity, New Orleans The amount of the contract with GCR is for $612,915


2Q Results from Arlington Tankers

Arlington Tankers Ltd. recently announced its unaudited financial results for the second quarter ended June 30, 2006. The company's total revenues were $17.3m, consisting of $16m in basic vessel charter hire and $1.3m in additional charter hire that the company received under its profit sharing arrangements. On the basis of the second quarter results from operations, Arlington's Board of Directors has declared a cash dividend of $0.59 per share


Solstad Gets Three PSV Charter Agreements

PSV Normand Draupne: Photo courtesy of Solstad

Solstad Offshore ASA gains long-term charters for three of its platform supply vessels Total E&P UK Limited and Elf Exploration UK Limited have signed agreements for hire of the platform supply vessels (PSV) “Normand Aurora”. The duration of the contract is firm for 5 years with further 2 x 1 year options. EDT Offshore Egypt S.A.E has signed for hire of  Stand-By vessel “Normand Draupne ”


Ferguson Modular Invests in New Plant Equipment

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Ferguson Modular, part of the Ferguson Group recently invested in state-of-the art plant equipment to improve operations.  Ferguson Modular has made a significant investment in equipping its Kintore base with the latest tools to improve daily operations. A brand new Combilift straddle carrier, the first to be implemented in North East Scotland, went into operation recently at Ferguson Modular. The equipment will improve the safety and efficiency when mobilising accommodation modules


AEP Barges into the Liquid Transport Markets

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Answering the needs of longstanding clients, bulk transport giant AEP dips its toes into the liquid transport arena.       AEP River Operations needs no introduction for most MarineNews readers. One of the true river giants operating on America’s domestic


Seadrill plans up to $305m Malaysian selldown

SapuraKencana Petroleum Bhd's second largest shareholder plans to sell up to $305 million worth of shares in the Malaysian oil and gas services firm, according to a term sheet of the deal seen by Reuters. Norway's Seadrill Ltd., the world's top offshore oil driller


EBDG Hires Two New Marine Engineers

EBDG proudly welcomes two new Marine Engineers to its team: Nick Bannon to its Seattle office and John T.D. Lair to its New Orleans office. Nick Bannon comes to EBDG with eight years of industry experience including extensive knowledge of coast guard regulations


Two Marine Engineers Join Specialists EBDG

John T.D. Lair: Photo EBDG

Naval architecture, marine engineering & production support service providers Elliott Bay Design Group LLC (EBDG) apprise that they have appointed marine engineers Nick Bannon to its Seattle office and John T.D. Lair to its New Orleans office.


Star Bulk Charters Two Newbuilds

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Star Bulk charters two fuel efficient newbuilding newcastlemax vessels under 10-year bareboat charters with purchase obligation Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, announced that it has entered into agreements with CSSC (Hong


Frontline Expects Improved Results after Losses Narrow

Net loss $13 mln in Q4 vs forecast $18 mln loss; Repayment of debt dependent on improving tanker rates. Oil tanker firm Frontline expects its operating result in the first quarter to improve on the previous quarter due to a recent increase in rates as it reported fourth-quarter results slightly


Kobelt Hires Business Development Managers

Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and will be responsible for business development in the controls and steering sectors worldwide.


ISS Appoints Ferguson VP, Cargo Solutions

Michael Ferguson

Inchcape Shipping Services (ISS), a maritime services provider, announced a new hire within its Cargo Solutions division, with the appointment of Michael Ferguson as Vice President, Cargo Solutions, Terminals and Port Infrastructure. With more than 35 years’ experience working in senior


Tentec Offers Rental on all Topside and Subsea Bolt Tensioners

Photo: Tentec

Tentec, a designer, manufacturer and supplier of bolt tightening equipment is pleased to announce that due to popular demand, its renowned ranges of topside and subsea bolt tensioning equipment is now available for worldwide rental. Supported by Tentec’s established worldwide distributor


UniCarriers Continues Brazil Expansion, Appoint Sales Manager

US-based material handling manufacturer UniCarriers Americas Corporation (UCA) informs that it continues to expand its South American operations by establishing its Brazilian business unit and appointing Newton Santos as sales operations manager.


Ingram Barge to Participate in EPA’s SmartWay

Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and


HK Firm Gets Ship Arrested, Shines Light on Debtor's Operations

A bulk carrrier docked: File photo CCL

Hong Kong company Shagang Shipping has successfully obtained an order for the arrest of the HNA Group controlled vessel 'MV Bulk Peace' from the Western Australia District Registry. The move is part of a long-running legal campaign seeking payment of USD 66.4m from HNA Group.


Topaz Revenue up 22%

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Topaz Energy and Marine, a offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. for the 12 months ended December 31, 2013. The period has seen continued strong and profitable growth across the group’s activities with revenues up 22% and EBITDA up 17%


Second HNA Vessel Arrested Within a Fortnight

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Hong Kong company Shagang Shipping informs it has successfully obtained an order for the arrest of the HNA Group controlled 1999 built, 163,346 gt crude oil tanker M/V ‘GC Guangzhou’ at the Port of Gwangyang (Yeocheon) in South Korea.


Genco Reaches Bankruptcy Restructuring Deal

Photo: Genco Shipping & Trading Ltd.

Genco Shipping & Trading Ltd. will cut its debt by more than $1 billion by giving control of the company to its lenders in a deal that requires the dry bulk shipping company to file for bankruptcy. Lenders backing a $1.06 billion credit facility would convert their debt into about 81


 
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