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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


Sixth Floating Accommodation for Lerwick Port

Cruise ship Gemini

  The cruise ship Gemini has been brought to Lerwick by Petrofac as additional accommodation to support the Shetland Gas Plant project. The ship arrived today (Monday 14 July) from Tilbury and will be berthed at Dales Voe Base. The initial hire of the vessel is for three months.


Tankship Market & Return of Contango: Analysis

Crude carrier: File picture CCL

This week, the Brent price curve moved into contango on what was reported to be short-term physical oversupply. In their latest 'Tanker Opinion', Poten & Partners consider whether this is likely to be a long-lasting change (“Contango” is a term used to refer to a commodity price


Danish Bunker Trader Joins GAC in London

Ida Ryberg: Photo GAC

GAC Bunker Fuels says it has appointed former GAC Denmark Shipping Assistant Ida Ryberg as a Bunker Trader with its UK team. Ryberg joins Andy Boichat and Resham Rai at the London office and will also work closely with Kenny Petrie in Aberdeen


Metal Shark’s New Yard Now Operational

Construction has commenced on the first new Metal Shark 75 Endurance-class catamaran at the companys new shipyard in Franklin, Louisiana. (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal


KNOT Offshore Charters Out Crude Oil/Shuttle Tankship

Windsor Knutsen: Photo courtesy of KNOT

KNOT Offshore Partners LP say they have fixed with Brazil Shipping I Limited (an affiliate of BG Group) the time charter of the crude oil/shuttle tanker 'Windsor Knutsen'. Details as follows: The hire rate for the initial term of two years is in line with the rate in the existing charter with BG


Furuno Debuts Remote Controller and Software

Image: Furuno

When Furuno added its Black Box system to their NavNet TZtouch family, it provided flexibility for captains that wanted a TZtouch system on larger displays. Shortly after that, Furuno introduced its new line of Multi-touch Marine Monitors that ranged in size from 17-24 inches


Mideast Firm to Operate Cargo Terminal at Port Canaveral

A Middle Eastern-owned company landed its first North American port operations contract on Monday, a 35-year agreement with Port Canaveral on Florida's east coast. Under terms of the lease, Gulftainer, a wholly-owned subsidiary of United Arab Emirates-based Crescent Enterprises


KNOT Public Share Offering to Fund Tankship Acquistions

Knot shuttle tankship: Image courtesy of KNOT Offshore Partners

KNOT Offshore Partners says it has entered into agreements to acquire from Knutsen NYK Offshore Tankers AS all of the ownership interests in the companies that own and operate the shuttle tankers 'Hilda Knutsen' and 'Torill Knutsen'. At the same time KNOT announce the public offering of 4,600


Fendercare Opens Expanded Great Yarmouth Base

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On Friday, June 20, Fendercare Marine opened the doors of its Great Yarmouth base to showcase its expansion of lifting products and services over the last two years. The Fendercare Marine Equipment and Lifting Services Open Day was attended by an array of existing and new customers


EBDG Hires Marine Engineer Eubank

David Eubank (Photo courtesy of EBDG)

Naval Architect and Marine Engineer firm Elliott Bay Design Group (EBDG) has hired Marine Engineer David Eubank. Eubank joins EBDG with more than two decades of industry experience and a varied background that includes the design and project management of military, passenger and offshore vessels


China M&A Rulings Create Hot Competition for Antitrust Lawyers

China's increasing regulatory influence over international mergers and acquisitions has helped to create the hottest new commodity in its legal industry: anti-trust lawyers. Six years ago, China did not even have a legal system for regulating the impact of M&A on competition


Sinwa Establishes First Subsidiary in Thailand

Sinwa logo

  Listed on the SGX Mainboard and Asia Pacific’s leading marine, offshore supply and logistics player, Sinwa Limited (“Sinwa” or “the Group”), announced that the Group received confirmation yesterday that its wholly-owned subsidiary, Sinwa Offshore Pte. Ltd


Metal Shark Hires Wegener as Sales Director

Carl Wegener (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark Aluminum Boats has hired Carl Wegener as its Director of Commercial Sales, the company announced today. Wegener brings a diversified background in engineering, strategic planning, and business development


Gulf Navigation Cuts Capital, Focus on Turnaround

Gulf Navigation.jpg

United Arab Emirates shipper Gulf Navigation said on Wednesday it had cut its capital by two-thirds and written off accumulated losses worth 1.1 billion dirhams ($300 million), key parts of a turnaround plan designed to solve its debt problems.


OceanLED Appoints Marketing Director & Sales Manager

Nicole Squartino of OceanLed

OceanLED, the global leader in LED marine lighting technology, announces today that it has appointed Nicole Squartino as its new creative Marketing Director and Oscar Socarras as Territory Sales Manager. Both will be working closely with the US General Manager, Don DeMott






 
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