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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


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


Edoc Systems Remains Healthy in Sour Economy

For Victoria marine enterprise software developers Edoc Systems Group, the past years economic storm has been more about riding calm winds and following seas. They are expanding and hiring while others in the software industry have been retrenching and shedding staff. Edoc moved into their current location in the heritage Hartwig Court two years ago and have already outgrown the current space. On the strength of new business


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

Combilift Straddle CarrierWEB.jpg

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


Continental Resources President Quits, Leaves Leadership Gap

Rick Bott, 54, joined Continental as president and chief operating officer

  Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, said on Thursday that Rick Bott, its president and chief operating officer, had resigned. Bott, 54, was widely considered the likely successor to Continental Chief Executive Officer Harold Hamm


American Maritime Industry Booming Testifies AMP

AMP Chairman Tom Allegretti

The U.S. House Subcommittee on Coast Guard and Maritime Transportation today heard first hand about America’s booming domestic maritime industry from Mark Tabbutt, Chairman of the Board of Saltchuk, one of the country’s most recognized transportation and distribution companies


SUNY Maritime to Host Towing Industry Forum

The State University of New York Maritime College's Department of Professional Education and Training will host its 15th annual Towing Industry Forum Wednesday, October 15, 2014. The event’s itinerary is as follows: 0830–0900 Sign-in and continental breakfast


Oil Refiner Bound to Goldman, Deutsche Fee Agreements - NY Judge

CVR Energy

  CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled.


Danos Fabrication Facility Creates 150 Jobs

Danos, a family owned oil and gas service company, announced plans to expand its fabrication capabilities, by opening a 120,000 square-foot fabrication facility in Amelia, La. The new facility, set to begin operations in October 2014, sits on about 45 acres of waterfront property and will create


CAG Finance New SF Bay Tugboat

Baydelta tug at work: Photo courtesy of the owners

Capital Access Group (CAG) says that its $10.4 Million 504 Loan has enabled the acquisition of  a powerful, 85-ton tractor tugboat for San Francisco Bay – Baydelta Maritime's 'Delta Audrey'. Capital Access Group is a commercial real estate lender specializing in U.S


Russia's Shipping Major Reports Strong 1H 2014

Tankship: Photo SCF

OAO Sovcomflot (SCF Group), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, has announced its financial and operating results for the six months ended 30 June 2014.   Highlights:


Slow Bookings Pressure Long-range Tanker Rates

Long-range clean tanker rates were softer on Wednesday as business was slow, with weaker sentiment keeping rates under pressure. Larger Long-Range 2 or LR2, 75,000 tonne shipments on the Middle East Gulf to Japan (MEG-JPN) route were at W115.50 or $21,207 a day on Wednesday.


Survitec to Display Growing Portfolio at SMM

Photo: Survitec

Visitors to SMM 2014 will be able to find out more about Survitec Group's growing portfolio of products and services for the cruise, ferry, cargo, tanker and offshore shipping markets. At this year's show Survitec will be highlighting its RFD, SurvitecZodiac, DSB


Former ONR Deputy Director Ng Joins NCE

Dr. Kam W. Ng

Marine acoustics company Noise Control Engineering, LLC (NCE) announced that it has hired Dr. Kam W. Ng, formerly the Deputy Director of Research at the Office of Naval Research, as its new Director of Business Development. Dr. Ng will bring his technical and managerial skills to NCE which


Salvor to Remove Beached Vessel in Texas

A derelict vessel, Rich, aground on Sargent Beach Thursday, located about 20 miles south of Freeport. USCG photo

The U.S. Coast Guard (USCG) contracted a salvage company to remove the threat of pollution from a derelict fishing vessel that went aground Thursday, about 20 miles south of Freeport, Texas, on Sargent Beach. The captain of the vessel Lady Glenda contacted Sector Houston/Galveston watchstanders


China's Unipec Books Megatanker to Store Crude

Chinese oil trader Unipec has booked one of the world's largest ships to store crude off Singapore, trade sources said on Monday, hiring a 3.2 million barrel capacity supertanker to hold the oil at sea until prices recover. The TI Europe is one of just a handful of Ultra Large Crude Carries


Ingalls Makes Large Donation to Bishop State

Brian Cuccias (right), president of Ingalls Shipbuilding, presents a check for $89,786.90 to James Lowe Jr., president of Bishop State Community College. The money will be used to purchase 20 welding machines and wire feeder boxes for the school’s welding technology program. Photo by Lance Davis/HII

Huntington Ingalls Industries’ Ingalls Shipbuilding division has donated $89,786.90 to Bishop State Community College for the purchase of 20 welding machines and wire feeder boxes to support Ingalls’ pre-employment program at Bishop State.


New USCG Rule for Lifesaving Devices

The U.S. Coast Guard (USCG) published a final rule aligning its regulations with the 2010 Coast Guard Authorization Act. Before 2010, certain uninspected commercial vessels including barges and sailing vessels fell outside the scope of the statute requiring the Coast Guard to regulate lifesaving


Domestic American Maritime Industry Booming

Mark Tabbutt testifying

The U.S. House Subcommittee on Coast Guard and Maritime Transportation today heard first hand about America’s booming domestic maritime industry from Mark Tabbutt, Chairman of the Board of Saltchuk, one of the country’s most recognized transportation and distribution companies






 
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