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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.

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

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 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:

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 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

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 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

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

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

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

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

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

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

Haven Marine Bags Back To Back Dockings

Portgarth enters the dry dock at Milford Docks (Photo: Haven Marine Services)

Despite a slow start to the year, Haven Marine Services reports it is now seeing a change in fortunes with two dockings for Svitzer in quick succession, with one vessel sailing after a refit and another in on the same tide. This comes after a prolonged period of inactivity at the yard during the

Campbell to Lead BAE Systems’ Ship Repair Business

Joseph Campbell (Image: BAE Systems)

BAE Systems has named Joseph Campbell as vice president and general manager of the company’s Ship Repair business, effective Jan. 14.   Campbell succeeds Bill Clifford, who will retire after a successful 46-year career in the U.S. Navy and the private sector.  

ThyssenKrupp Sells Emden Shipyard

ThyssenKrupp and Seafort Advisors GmbH have entered into an agreement on the sale of the Emder Werft und Dockbetriebe shipyard in Emden. ThyssenKrupp began looking into alternative strategic options for the company at the end of 2013 as part of the group's strategic way forward

TPG Marine Acquires Chicago Dry Dock

Chicago Dry Dock (Credit:TPG Marine)

Indiana-based TPG Mt. Vernon Marine, LLC purchased Chicago Dry Dock, a Chicago area shipyard founded in 1979. Chicago Dry Dock operates on the Calumet River and offers unencumbered access to both the Great Lakes (via Lake Michigan) and the Inland River System (via the Calumet/Des

Interview: Matthew Paxton, President, Shipbuilders Council Of America

Matthew Paxton

The U.S. commercial maritime industry is enjoying its most robust period in a generation, with a spate of newbuild activities spurred largely by a resurgent energy production market in the U.S. as well as new rules of vessel emissions which has forced owner to invest in new tonnage

MES Launches Two After-sales Service Companies

Mitsui Engineering & Shipbuilding Co., Ltd., (MES) has established service companies in Doha, Qatar and Ankara, Turkey, to perform after-sales service business, which includes supply of spare parts, repair and periodical overhauling maintenance, for MES manufactured industrial machinery.

MN 100: Sneed Shipbuilding, Inc.

Sneed IMG_1777 EH.jpg

17112 Market Street Channelview, TX 77530 E-mail: Website: Owner: Clyde Sneed Owner: Mitch Jones Number of employees: 180 The Company: Sneed operates out of its main facility, nearly 40 acres in Channelview, Texas

Bollinger Shipyard Stalwart VP Dave Marmillion to Retire

Dave Marmillion: Photo Bollinger

Bollinger Shipyards, Inc. headquartered in Lockport, La., inform of the upcoming retirement of its Vice President Repair, Eastern Division, Dave Marmillion, after 46 years in the shipyard industry. Marmillion’s retirement was announced by Bollinger’s Chief Operating Officer

Vigor: Frank(ly) Speaking

“My personal philosophy is I have to do two things: make money and make a difference. If you are doing one or the other it’s not enough for me.”  Frank Foti, CEO and Owner, Vigor Industrial

Frank Foti of Vigor Industrial has steadily embarked on a consolidation of the Pacific Northwest ship construction and repair industry. Starting in Portland in 1995 with about 50 employees, the ubiquitous owner of Vigor has built his business today to more than 2

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