ASRY (Arab Shipbuilding and Repair Yard) in Bahrain has appointed Franciszek Magnowski as the head of its Technical and Marketing Department. Magnowski, whose expertise encompasses not only the ship repair and conversion market, but also the offshore sector (particularly the FPSO and FSO market), will work to expand further the company's business into major conversion and offshore projects. Prior to joining ASRY in Bahrain, Magnowski spent more than 20 years in the ship repair and conversion business - the last nine with Remontowa Ship Repair in Gdansk as director of its Offshore Projects Division.
J.F. Lehman & Company, a middle-market private equity firm focused on the maritime, defense and aerospace sectors, announced today that it has sold its portfolio company, Northeast Ship Repair, Inc. to affiliates of Plexus Capital and NewSpring Capital. The sale of Northeast Ship Repair follows J.F. Lehman's recent sales of ACR Electronics and Drew Marine, both announced on November 19. Northeast Ship Repair is a provider of large vessel maintenance
General Dynamics (NYSE: GD) has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not been disclosed. The transaction is subject to customary closing conditions and is expected to close this summer
The B.C. Shipbuilding and Ship Repair Board (SSRB) announce the release of its workforce development strategy document for the B.C. shipbuilding and ship repair industry: 'Towards 2020: A BC Shipbuilding & Ship Repair Industry Workforce Strategy' is intended to inform and guide public and private investments in future labour market development initiatives over the next decade. SSRB preview the document as follows:
BAE Systems won a contract by the U.S. Navy's Military Sealift Fleet Support Command for a 60-day overhaul of the fast combat support ship USNS Arctic (T-AOE 8). The contract includes options which, if exercised, would bring the cumulative value of the work package to $7.9 million. All work on the Military Sealift Command ship will be performed at BAE Systems Norfolk Ship Repair starting in July and is expected to be completed in September 2007.
Japanese shipbuilding and maritime transport company Tsuneishi Holdings will invest up to $40 million to open ship repair services in Indonesia amid increasing efforts by the government to boost the archipelago's maritime industry, reports Jakarta Globe. Yasuharu Fushimi, chairman and president at Tsuneishi Holdins, said in a statement: "We see a big potential in Indonesia's shipping industry. We've estimated that there's a potential of about 3
Signal Ship Repair, a division of Signal International, Inc., recently attained a milestone of 1,000 days without a lost time injury, on January 30th, 2013. This significant milestone was achieved by the commitment of all Signal Ship Repair employees towards a safe work environment. Signal Ship Repair has several crafts which never had an injury, including; maintenance, security, inside machinist, scaffolding, carpenters, structural welders, riggers, operators, electricians, laborers
VSE Corporation reported that the Global Division of its International Group has been awarded a $10m delivery order to provide material and technical support for the Iraqi Navy at Umm Quasar, Iraq. The scope of work includes outfitting a new Ship Repair Facility with the industrial equipment required to maintain its ships and patrol craft as well as providing ship repair technical assistance to Iraqi Navy personnel.
Braemar (incorporating The Salvage Association) has announced dates for its latest Port and Shipyard Familiarisation Courses to be held at Falmouth. The courses are part of the company’s ongoing commitment to assist its clients by providing background knowledge and understanding within the marine insurance claims market on aspects of ships, shipyards and their repair procedures. Taking place between 4th – 7th and 18th-– 21st October
Carl Hanson, president and general manager of San Francisco Drydock (SFD), one of seven United States Marine Repair (USMR)ship repair facilities , including Southwest Marine (SWM) and NORSHIPCO on the East Coast, has retired. He had been with the company since 1978. Due to his extensive shipyard knowledge and experience, he will remain involved with the company on a case-by-case consulting basis. Hanson's shipyard career began in San Diego, Calif
At the 33rd ordinary meeting on Thursday, 1 December, the Board of Directors of the Merchant Marine Fund (CDFMM), at the Ministry of Transport, Ports and Civil Aviation in Brasilia (DF), approved to finance basis 2.15 billion reais for the construction of a new ship repair facility in Brazil
A new 950-foot-long, 55,000-lifting-ton floating dry dock has arrived at BAE Systems’ San Diego shipyard as part of the company’s $100 million investment in the yard to service the anticipated increase of U.S. Navy ships on the West Coast.
Gulf Navigation Holding (GNH) announces the initiation of studies for large expansion of its operations in the northern region of the United Arab Emirates consisting of a set of comprehensive maritime activities, (the GNH Northern Project), including ship building
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on November 29
Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer portfolio to now include chemical tankers. ADSB welcomed its first chemical tanker at the new drydock facility at Mina Zayed
A Reuters report quoting Saudi Arabia's energy minister Khalid al-Falih said that the country expects a huge ship repair and shipbuilding complex that its national oil company Saudi Aramco is developing at Ras al-Khair on the kingdom's east coast to cost over 20 billion riyals ($5
ASRY, the leading ship and rig repair yard in the Arabian Gulf, has announced that Andrew Shaw will be the new Chief Executive of the shipyard, effective early January 2017. He re-joins the company after previously holding the position ofGeneral Manager of the ASRY Offshore Services division from
The aircraft carrier INS Vikramaditya has successfully completed its first routine maintenance, a 43-day short refit, at the Cochin Shipyard Ltd (CSL), and is at a high level of operational competence and preparedness. Rajesh Gopalakrishnan
BAE Systems today received a $36.7 million contract from the U.S. Navy for the repair and maintenance of the amphibious transport dock ship USS New Orleans (LPD 18). The New Orleans will be the first ship to be repaired in the company’s new drydock in San Diego
Fincantieri and Huarun Dadong Dockyard (HRDD) signed an exclusive cooperation agreement last March. Development of this cooperation framework continued and the parties have now signed a comprehensive agreement which further details and completes the terms of their collaboration
Transnet National Port Authority women flew the flag high at the Women in Transport Awards which took place at the Durban ICC on 18 October 2016. The Women in Transport Awards is a collaborative platform co-located with the African Ports Evolution conference and exhibition
Lind Marine, a Petaluma, Calif. dredging contractor which provides tug and barge services throughout the San Francisco Bay area, has acquired Moose Boats, an aluminum commercial boat building company. Lind Marine currently operates a five-acre shipyard including a 430ft dry-dock and 1
Nakilat has announced its financial results for the third quarter ended 30 September 2016, where the Company’s net profit reached QR 749 million compared to QR 757 million for the same period last year. The Board of Directors stated that the company’s strategic long-term
Developers of a new shipyard in Saudi Arabia say the facility will be the largest maritime yard in the world providing a range of services, including large shipbuilding, large ship repair, offshore rigs fabrication and offshore support vessel repair.
ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’, a Suezmax tanker