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Repair Business

Bahrein Shipyard Signs Maersk Ship-Repair Deal

Arab Shipbuilding and Repair Yard (ASRY) signs a long-term contract to repair Maersk vessels on preferential terms With 35  years experience in the shipbuilding and repair business, ASRY will repair Maersk ships operating in the Persian Gulf as required. In 2011 the yard repaired nine Maersk ships. Commenting on this agreement, Chief Executive Officer, of the ASRY Group Chris Potter, said: "I am very pleased to welcome Maersk company in the growing list of our customers."


Leevac Acquires Quality Shipyards from Tidewater

(Photo: Greg Trauthwein)

LEEVAC Shipyards, LLC through its newly created subsidiary LEEVAC Shipyards Houma, LLC (LEEVAC) has completed the acquisition of substantially all assets of Quality Shipyards, Inc. (Quality) located at 3201 Earhart Street in Houma Louisiana from Tidewater Marine, LLC (NYSE: TDW). The acquisition of assets includes 35 acres of industrial property located on 2,500 feet of waterfront along the intracoastal waterway, 4 drydocks (the largest measuring 4,200 tons of capacity), 100


Wärtsilä Acquires Propeller Repair Business in the U.K.

Wärtsilä has acquired the UK-based propeller repair company McCall Propellers Ltd. The company's net sales are $12.7m with 33 employees. McCall Propellers is the largest marine propulsion support services company based in the U.K. specializing in emergency repair of propeller equipment. The acquired company has purpose-built repair facilities next to Glasgow Airport, and work is carried out either in the workshop or on site anywhere in the world.


Bharati Shipyard Plans JV

Bharati Shipyard reportedly plans to set up a modern shipbuilding yard along India's eastern coast in a 50:50 joint venture with Apeejay Shipping, according to a report on http://www.domain-b.com.The proposed shipyard, expected to start operations in 2009, would build ships and also be a ship repairing business. India's shipbuilding industry is expected to touch the $20 billion milestone by 2020. (Source: http://www.domain-b.com)


MSE Enters LNG Repair Business

In line with the changing business pattern in the ship repair industry and new business opportunities in the fast growing fleet of lng carriers around the world, Malaysia’s Malaysia Shipyard & Engineering (MSE) has entered the lng repair business. The yard has demonstrated its ability to innovate, reposition and transform itself to cater to this specialised niche market and shown its commitment by investing substantially to build up lng repair capabilities and facilities


BAE Systems to Acquire Atlantic Marine

 BAE Systems entered into a definitive agreement to acquire Atlantic Marine Holding Company (Atlantic Marine) from JFL-AMH Partners, LLC, a portfolio company of the private equity firm J.F. Lehman & Company for $352 million.  Atlantic Marine is a privately held vessel maintenance, repair, overhaul and conversion (MROC), marine fabrication, and ship construction services provider with operations at Mayport and Jacksonville, Florida; Moss Point, Mississippi; and Mobile


Wärtsilä acquires Swedish Ship Repair Business

Wärtsilä has signed an agreement to acquire the entire business of the Swedish company Stockholms Fartygsreparationer AB. The agreement is worth 7.5 million Swedish krona (EUR 0.8 million). Stockholms Fartygsreparationer handles all types of ship repair on the eastern coast of Sweden and in 2005 had net sales of 8 million Swedish krona (EUR 0.9 million). The business will now be handled by Wärtsilä Sweden AB. Stockholms Fartygsreparationer's personnel of 10 persons will become Wärtsilä


Wärtsilä Acquires Swedish Ship Repair Business

Wärtsilä has signed an agreement to acquire the entire business of the Swedish company Stockholms Fartygsreparationer AB. The agreement $1m ($.8 million Euros). Stockholms Fartygsreparationer handles all types of ship repair on the eastern coast of Sweden and in 2005 had net sales of $1.1m (0.9 million Euros). The business will now be handled by Wärtsilä Sweden AB. Stockholms Fartygsreparationer's personnel of 10 persons will become Wärtsilä employees.


Wärtsilä Acquires Propeller Repair Business

Wärtsilä has signed an agreement to acquire the entire business of the South African company Marine Propeller (Pty) Ltd in Cape Town, South Africa. Marine Propeller (Pty) Ltd is privately-owned and focuses mainly on repairing propellers. A minor part of the business is casting small propellers. This acquisition will expand Wärtsilä's offering in South Africa to include propeller repair. The knowledge, good reputation and customers that Marine Propeller will bring provides a good basis


J.F. Lehman & Company Completes Sale of Atlantic Marine

 J.F. Lehman & Company completed the sale of Atlantic Marine Holding Company to a subsidiary of BAE Systems, Inc. Atlantic Marine is a provider of vessel maintenance, repair, overhaul and conversion (“MROC”) as well as marine fabrication services to government and commercial maritime customers. The company has operations in Mobile, AL, Jacksonville and Mayport, FL and Moss Point, MS. JFL has retained the company’s MROC operations in Boston, MA and Philadelphia


California: A Strong Shipbuilding State

General Dynamics NASSCO christened and launched tanker Constitution on Saturday, August 27, 2016 (Photo: General Dynamics NASSCO)

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance of shipyard industry for California while on tour at NASSCO  Shipbuilders Council of America (SCA) member General


Royston Debuts Engine Diagnostics Service

(Photo: Royston)

Diesel power specialist Royston has expanded upon its traditional engine service and repair business with the introduction of a new engine diagnostics, health check and consultancy service.   This follows significant investment in personnel recruitment and training


Hendry Marine CEO Aaron Hendry Passes Away

Aaron W. Hendry (Photo: Hendry Corporation)

Aaron W. Hendry, husband, father and grandfather, as well as Florida business leader, died today at the age of 80. Aaron passed away peacefully in his home after a battle with pancreatic cancer. Aaron leaves behind his wife Barbara, six children and three grandchildren.  


‘The Best Kept Secret in Shipbuilding’

Caring for the Great Lakes fleet: during the winter months is a core business for Bay Shipbuilding Company. Pictured, the 2015 Winter Fleet. (Photo: Bay Shipbuilding)

In 2009, Italian shipbuilding giant Fincantieri S.p.A, purchased the assets of the Manitowoc Marine Group; which included Bay Shipbuilding Company. Located in Sturgeon Bay, Wis., Bay Shipbuilding was the “feather in the cap” with their long history in U.S


Sembcorp Marine Posts 17% Fall in Q2

Image: SembCorp Marine

 Low oil prices and muted sentiment in the industry continued to take a toll on Sembcorp Marine's second-quarter earnings.   The rigbuilder has announced that net profit for the three months ended June 30 sank 17 per cent to to $79.58 million (SGD 109 million), compared to $96


VT Halter Announces Leadership Promotions

(From left to right) Top: Rick Zubic, Rob Mullins and Phil Adams. Bottom: Harry Bell and Pawan Agrawal.

VT Halter Marine, Inc., the Pascagoula, Miss. based shipbuilding subsidiary of Vision Technologies Systems, Inc., today announced several promotions within its leadership team.   The shipbuilder named Richard A. Zubic (Rick Zubic) to Executive Vice President


Five Minutes with Roy S. Strand, COO, Goltens Worldwide

Roy S. Strand

As Goltens celebrates 75 years serving the maritime industry, Roy Strand discusses the iconic company’s historic market strengths and its big push into the Ballast Water Treatment sector. Your company is celebrating its 75th anniversary this year


Interview: Germán Carlos Suárez Calvo, CEO of Astican & Astander Shipyards

GermanCarlos11 WEB.jpg

How did you find a career in the maritime industry? As a consequence of my father´s dedication to the industry, as founder of a shipping agency in the early eighties as well as partner in a large shipping company and shipyard´s ownership


World Wide Metric Celebrates 45 Years

World Wide Metric President, Theo Contos; Vice-President, Anthee Contos; and CEO George Contos celebrate 45 years in business. (Photo: World Wide Metric)

World Wide Metric, a global supplier specializing in the distribution of valves, flanges, piping systems and hydraulic components in JIS and DIN, and ANSI standards, is celebrating its 45th anniversary.    In 1970, former ship captain Constantinos Contos


Mayall Joins Bollinger as VP Sales/Marketing

Joe Mayhall (Photo: Bollinger)

Bollinger Shipyards announces the addition of Joe Mayhall to its corporate sales and marketing team.    Bollinger president and CEO Ben Bordelon made the announcement, stating, “In his new role of Vice President, Commercial Business Development


Maher Named Ship Repair GM at ASRY

 Charles Maher is the new Ship Repair General Manager (GM) at ASRY, bringin 15 years of experience with top firms including Dormac, Grand Bahamas Shipyards, and Southern African Shipyards.

ASRY appointed Charles Maher as the new General Manager (GM) of the Ship Repair division, effective January 4, 2016. Maher brings more than 15 years worth of corporate and hands-on technical shipyard experience at Dormac Marine & Engineering, Grand Bahamas Shipyard


Wartsila India Signs Pact with CSL

Pic: Cochin Shipyard Limited

 Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop.   As per the MOU, Wartsila plans to locate a containerised self-sufficient


Interview: Frank Foti - President & CEO, Vigor Industrial

Frank Foti (Photo: Vigor Industrial)

Insights: Frank Foti - President and CEO, Vigor Industrial LLC For nearly two decades, Frank Foti has led Vigor’s transformation from a single, struggling shipyard to a thriving, increasingly diversified industrial company with 2,500 employees


Damen Opens US Office

Ruud Haneveer, Market Development Executive for Damen Shiprepair & Conversion and Jan van Hogerwou, Damen’s Manager Newbuildings for USA and Canada are celebrating the opening of Damen’s new North American office. (Photo: Damen Shipyards Group)

Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas. This expansion, under the name of Damen North America, meets the increasing demand for Damen’s shipbuilding concepts and repair and conversion services.


Meercat Workboat for Briggs Marine

Image: Meercat Workboats

U.K.-based Meercat Workboats has sold a custom built monohull workboat to Briggs Marine.     The vessel (Hull no. 28) is 15.5m LOA, and 6m beam.  Fabrication is well under way at Meercat’s Portchester facility in Portsmouth, Hampshire






 
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