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
ASRY, a ship and rig repair yard in the Arabian Gulf, has welcomed its 100th rig repair job to the yard, as 2016 posts the highest number of rig repair contracts in the yards history. The project is on the high specification jack-up rig ‘Bob Palmer’
India’s biggest shipbuilder under state control, Cochin Shipyard Ltd (CSL) is looking to file documents for its initial public offering (IPO) with the markets regulator by the end of this month, reports Live Mint. According to sources
State oil giant Saudi Aramco has extended bidding for dredging and reclamation work at its marine terminal in Ras al-Khair by almost one month, industry sources told Reuters on Wednesday. The extension, pushing out the submission date to Sept. 29 from Aug
South Korea’s troubled shipbuilder Hyundai Heavy Industries Co. announced that it has been selected as the preferred bidder for a 12-oil tanker contract worth $660 million of Russia’s Sovcomflot, reports Korea Herald.
Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four new positions to its executive team in 2016. Taking up the new executive positions are Ian Edward Ross, Don Keirce
Built at BAE Systems’ Jacksonville, Fla. shipyard, the new tug Sea Power has delivered the tug Sea Power to Seabulk Tankers, Inc. to be used to enhance the shipper’s Jones Act coastal operation, powering barges that transport chemical and petroleum products between U.S. ports.
Abu Dhabi Ports and Abu Dhabi Ship Building (ADSB) have signed a long term contract that when fully realized will see a fully operational ship repair facility that will also include a floating dock capability within Zayed Port.
The Cochin shipyard Ltd (CSL) has plans to develop a major hub of LNG-based ship building and repair facility that would generate about 3, 000 jobs in the State of Kerala, the Hindu quotes Madhu S. Nair, Chairman and Managing Director of Cochin Shipyard Ltd, as saying.
General Dynamics NASSCO–Norfolk said it was awarded the Mid-Atlantic CVN private sector maintenance contract by the U.S. Navy to perform non-nuclear planning and maintenance work during six Chief of Naval Operations (CNO) availabilities on four Nimitz-class aircraft carriers and one Gerald R
Damen USA office hits the ground running with an order from Young Brothers for four Stan Tugs 3711 Damen Shipbuilding Group has established a permanent presence in Houston, with the August 1 opening of a new office headed by senior managers Jan van Hogerwou (New
Cochin Shipyard Limited (CSL) has entered into a Memorandum of Understanding (MoU) with the government of India for the ongoing fiscal under which targets agreed are in line with aggressive growth plans of the public sector firm.
Maritime Agenda 2010-20 has inter-alia set a target to increase percentage share of India to 5% in global ship building and 10% share in global ship repair for India by 2020. The Government of India had earlier extended shipbuilding subsidy scheme to all Indian shipyards on 25th
General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51). NASSCO-Norfolk will provide ship repair services including engine replacement/repairs
Britain’s largest independent ship repairer Burgess Marine said it has partnered with Kent-based European Active Projects Ltd. (EAPL) to manage and operate Ramsgate Slipways in a 50/50 joint venture. Burgess Marine and EAPL have worked together as customer and supplier for very many
The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday. With the expansion of the canal's width and depth, the volume of traffic will double