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.
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
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
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
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
ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc. The innovative technology incorporates ultra-realistic, multi-angle immersive virtual reality for training process operators and engineers in oil and gas production, processing and transportation facilities. The technology enables effective training to take place in a safe and controlled
The Great Lakes Towing Company has hired two new employees within its Great Lakes marine operations group. Lindsay R. Dew has been named Director of Operations & Compliance, and Mark W. Delventhal has been named Director of Technical Services & Business Development – both reporting to Gregg Thauvette, Vice President – Operations and working in The Company’s Cleveland offices. Dew will assume combined responsibility for all day-to-day operations of the towing
Bristol Harbor Group, Inc. (BHGI) announced the addition of naval architect Zachary Gilfus and mechanical engineer Marissa Stutzman to its naval architecture and marine engineering practice. Gilfus is the most recent addition to BHGI, joining the team at the end of August as a naval architect and marine engineer. Gilfus graduated this past spring from Webb Institute with a Bachelor’s of Science in naval architecture and marine engineering
SSI has hired CAD/CAM specialist Robert Holder as part of its sales force in the U.S. market. According to SSI, the hiring is intended to meet the expanding demand for SSI's design and manufacturing solutions in the shipbuilding and offshore industries. Holder, SSI's new Sales Account Executive for Enterprise Solutions, will help businesses assess SSI’s expanded capabilities, including the expanded ShipConstructor CAD/CAM product line
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
To stay above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ. The country's fourth largest shipyard filed for receivership in May
Navios Maritime Partners has reached an agreement with South Korean shipping company Hyundai Merchant Marine to cut the hire rate of five container vessels chartered out to HMM by 20%. Pursuant to the charter restructuring documentation executed on July 15, 2016
Greek dry bulk ship owner Diana Shipping announced it entered into a time charter contract with Glencore Grain B.V., Rotterdam for one of its Panamax dry bulk vessels. The vessel in question is the 77,901 dwt MV Ismene, which was hired at a gross charter rate of $ 5,850 per day
Ince & Co’s London and Piraeus corporate, finance and shipping teams have advised long-standing client Danaos Corporation on Korean container line Hyundai Merchant Marine Co. (HMM), Ltd.’s US$2.1 billion restructuring.
Danaos Corporation, one of the world's largest independent owners of containerships, has reported net income of $47.7 million for the three months ended June 30, 2016 compared to $38.0 million, for the three months ended June 30, 2015, an increase of 25.5% for the period ended June 30, 2016
Rickmers Maritime incurred a loss of US$55.6m in the second quarter, wider than the year earlier $15.7m on the back of a non-cash impairment charge as charter market conditions deteriorate. The Singapore-based consider is planning to lay up some of the 11 containerships it has
Sixty-four young men and women started their careers at Hapag-Lloyd on yesterday (August 01). Chief Executive Office Rolf Habben Jansen warmly welcomed the new apprentices this morning during an event held at Hapag-Lloyd’s headquarters in Hamburg.
The Seoul Central District Court begins a rehabilitation process for STX Heavy Industries Co, after the financially strapped company applied for protection late last month, reports Yonhap. STX Heavy Industries is the latest victim in South Korea's faltering maritime industry
Global Maritime Consultancy & Engineering has introduced a new set of policies and procedures to support its Dynamic Positioning (DP) activities. The new procedures will ensure continued excellence and consistency across all Global Maritime’s global DP operations.
Hyundai Merchant Marine (HMM) will start the process to appoint a new chief executive officer (CEO) when Hyundai Group loses control on Aug. 5, reports Korea Times quoting un-named industry sources. The challenged shipper will begin a new chapter in its 40-year history
Harry Diamond, Vice President and Chief Claims Officer at WQIS, is celebrating 21 years with the company this year. Diamond is a graduate of LaSalle University with Bachelor of Arts degrees in social studies education and history; he also holds an Associate degree in Risk Management
The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship – and the idea has merit, says a report in IOL. Building traditional fish farms on the open water in Norway has become almost impossible because of state rules intended to curb
Genting Hong Kong announced that the three shipyards in the German State of Mecklenburg-Vorpommern bought this April will be named as MV WERFTEN*, be managed in Wismar and will focus on building large new cruise ships. Lloyd Werft located in Bremerhaven and bought last September will focus on its
New AP Moller-Maersk chief executive Soren Skou is aiming for revenue growth according to an interview with the Financial Times. He reveals the task ahead after succeeding Nils Andersen. Danish conglomerate boss said that the group was buffeted by short-term “headwinds”
DNV GL welcomed the Unique Shipping Group’s new vessel Oriental Jubilee into class when it was christened in Ulsan, Korea recently. The 84,000 cu. m. LPG carrier was built by Hyundai Heavy Industries (HHI) in Ulsan and is the first vessel to be awarded the DNV GL SCRUBBER READY notation