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."
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.
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
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)
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 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
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 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.
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
We recently spent some time with Bill Clifford, President, BAE Systems Ship Repair, to discuss his views How did you come to your current position? Clifford I currently serve as the president of BAE Systems Ship Repair and have been in this position since 2008. In this role, I lead our six full service shipyards and our 5,000 highly skilled employees. Prior to assuming my current role, I was the vice president and general manager of BAE Systems Norfolk Ship Repair
Drydocks World received the Best Repair Yard Award at the sixth Marine BizTV International Maritime Awards organized in conjunction with ShipTek 2013. The award was received on behalf of the company by Mr. Ali bin Towaih, Vice President, Commercial and Business Development.
Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS). The acquisition will add 150 onshore and offshore staff
VT Halter Marine Inc, a subsidiary of VT Systems Inc., announced the arrival of a 12,000 MT Floating Dry Dock transported by a heavy lift vessel from the Philippines. The dock dimensions are LOA- 546 FT x B 128.5 FT x D 46 FT. The dry dock is part of an overall expansion plan to the south yard in
CIC Boluomiao Shipyard completed repairs of the ships Sinoker Pioneer and Novitas H. The U.S.-owned Sinoker Pioneer repair work included renewal of cargo hold plates and painting, hatch cover repair and regular docking repair and some machinery equipment repairs, etc
Mitsubishi Heavy Industries, Ltd. (MHI) and Chengxi Shipyard (Xinrong) Co., Ltd. in China have agreed to collaborate in the ship repair business through installation of ballast water treatment systems (BWTS). The two companies signed the agreement on April 26.
Scana lndustrier ASA, supplier of products & system solutions to energy-related businesses, including the offshore sector has released its 2012 financial report. Scana lndustrier ASA has companies in Norway, Sweden, China, U.S., Poland, Singapore
Ashtead Technology, announces the sale of its North American Instruments business. The Instruments business, which specialises in the rental of onshore environmental monitoring, non-destructive testing and visual inspection equipment, has been acquired by New Jersey-headquartered Pine
Drydocks World announced the launch of its Drydocks World - Global Offshore Services arm at a special ceremony organized at Dubai Maritime City, the new business units located in Fujairah and Dubai Maritime City and Drydocks Dubai.
DOF Subsea Group has contracted with STX OSV for the construction of an Offshore Subsea Construction Vessel (OSCV). The new ship will be of OSCV 12 design, developed by STX OSV with a total length of about 161 meters and a beam of 32 meters.
Burgess Marine acquire Testbank Ship Repair, making them the country's largest independent in the ship repair business. Burgess Marine, headquartered in Dover and with sites in Poole and Portsmouth’s naval base, has acquired Testbank Ship Repair, with locations at Southampton docks
Running a ship repair business in the U.S. is anything but simple, with the unexpected being the norm and a cavalcade of new regulations. But Richard Bludworth has a penchant for turning the difficult simple. A staple in the Gulf of Mexico, Bludworth Marine LLC was founded by Richard
Great Lakes Shipyard recently appointed three management positions because of continued Shipyard expansion. Paul W. Deterding has been appointed as Vice President & General Manager. Formerly the General Manager at Donjon Shipbuilding and Repair Inc
New partnership to offer cost-effective repair and maintenance services for all makes and models of steering gear and rudder systems worldwide. HATLAPA Uetersener Maschinenfabrik GmbH & Co. KG and LOEWE MARINE GmbH & Co. KG will be collaborating closely in the area of steering gear and
Sembcorp's Sembawang Shipyard gets ship repair Favoured Customer Contract (FCC) from Royal Caribbean Cruises Ltd. (RCL). The contract, signed in Miami, Florida, USA, by Mr. Kevin Douglas, Vice President of Technical Projects and Newbuildings for Royal Caribbean Cruises Ltd., Mr
When Martin M. Sneed embarked in the business of building for the demanding workboat market in the mid-60s, he likely did not imagine that four decades later, his son Clyde (pictured) and business partner and co-owner Mitch Jones would be at the helm of a highly successful boat building company