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
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.
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
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
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:
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
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
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. LLC, Deterding brings over 25 years of experience in the marine, electrical and fire protection industries, mostly in the roles of Business Development and Team Leadership.
Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015, having already delivered more than 450 projects for shipping and oil and gas companies over the past four
The General Ship Repair Corporation, a fixture on the Baltimore water front for nearly a century, continues to build a strong business while preparing for fourth generation ownership. General Ship Repair Corporation is as ubiquitous of a presence on the Baltimore waterfront as Under
A delay in private repairs to the hospital ship Africa Mercy has caused a two-and-a-half week adjustment of timelines for Transnet National Ports Authority’s R30 million repair project at the Prince Edward Graving Dry Dock in Durban.
Louisiana-based shipbuilder Bollinger Shipyards, LLC announced its vice president for quality management system, Dennis Fanguy, will receive the 2015 William M. Kennedy from the Society of Naval Architects & Marine Engineers (SNAME).
The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines. Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million
Pipavav Defence & Offshore Engineering Co Ltd (PDOC) has announced a joint venture (JV) with Russia's JSC Ship Repairing Centre Zvyozdochka for medium refits and life certification of eight EKM 877 submarines in the country.
The 90-yer-old Prince Edward Graving Dry Dock in Durban, which is owned and operated by Transnet National Ports Authority (TNPA), will be undergoing a R30 million ($2.4 million USD) repair project on its outer caisson over the next four months
Pilot project pioneering laser repair works for the metal parts of ships and vessels has been launched in Russia's Primorsky Territory, reports Sputnik. The technology of laser reordering of metallic parts in Russia's Primorye Territory was developed by the Far Eastern branch of the
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 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
The ocean carrier merger - between China’s two state-owned megacarriers, COSCO and CSCL - rumours are back in the news! The beleaguered state behemoths struggling in a protracted industry slump - China Ocean Shipping Group (Cosco) and China Shipping Group -
ASRY (Arab Shipbuilding & Repair Yard), a shipyard in the Arabian Gulf, has signed a representation agreement with Shiprepairers & Shipbuilders Ltd (SRS) to exclusively market ASRY’s products, services and facilities to the U.K. shipping market.
Gibraltar ship repair yard Gibdock said it is strengthening its impact within the German ship owning market. Working in partnership with its local agent, Hamburg-based Combitrade, the yard has managed to win a significant amount of business from some of the country’s shipowners and managers
Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has been awarded a $57.8 million contract to perform planning in support of maintenance and modernization efforts on the submarine USS Columbus (SSN 762)
Up to May 2015, ASRY (Arab Shipbuilding & Repair Yard), was seeing encouraging results from it’s 2015 strategy to combat the widespread challenges facing the maritime repair market, particularly shipowners reduced repair budgets. In terms of revenue