Metal Shark Acquires Shipyard, Announces Expansion

marinelink.com
Friday, January 24, 2014
Metal Shark 75 Defiant Underway

Louisiana-based boat manufacturer Metal Shark Aluminum Boats is significantly expanding its operations and has acquired a large waterfront parcel to accommodate the production of larger vessels.
 

The builder has signaled its entry into the shipbuilding sector with the purchase of a 25-acre waterfront tract located in South Louisiana’s St. Mary Parish. Plans for the new facility call for over 60,000 square feet of manufacturing space, with approximately 100 new employees expected to be hired within the next few years. Infrastructure improvements have commenced at the site, which Metal Shark is transforming into a shipyard capable of supporting aluminum and steel shipbuilding operations for vessels up to and exceeding 250’ in length.
 

Construction of Metal Shark’s 45’, 55’, and 75’ vessels currently on order and in various stages of assembly at the company’s headquarters in Jeanerette, Louisiana will be transferred to the new yard, where production volume will increase as new, larger offshore vessels are added to the company’s expanding lineup.
 

Metal Shark vessels 40’ and under, including several models being built under multi-year contracts for the U.S. Coast Guard and U.S. Navy, will continue to be produced at the company’s existing facility in Jeanerette. This facility, which was expanded in 2011 and again in 2012, will be enlarged once more to accommodate present and future growth. All told, these moves represent an investment of more than ten million dollars by the company.
 

“Metal Shark has grown exponentially over the past several years, but the size and scope of this newest expansion will completely redefine the company and elevate our role in the marketplace,” said Chris Allard, president of Metal Shark. “While we are expanding our facilities, we are at the same time actively expanding our in-house engineering staff and our in-field training and support team to keep pace with our ambitious slate of new builds.”
 

In addition to the facilities and workforce upgrades, Metal Shark has also announced substantial investments in new designs. The company’s proven Defiant class of v-bottom pilothouse vessels, with parent craft in service with various military and law enforcement entities worldwide, has been expanded to include vessels up to 100’.
 

Additionally, the company has announced a new “Endurance” class of pilothouse catamaran vessels. These long range offshore vessels are characterized by their wide beams, efficient hulls, and many crew-friendly features shared with existing Metal Shark models, such as “pillarless glass” pilothouse windshields that increase visibility and operational safety by drastically reducing the dangerous blind spots associated with conventional pilothouse vessels.
 

All Defiant and Endurance-class vessels may be fully customized to meet a wide range of mission profiles including military; law enforcement; fire rescue; chemical, biological, radiological, nuclear, and high-yield explosive (CBRNE) disaster response; and pilot operations.
 

While Metal Shark caters to a global customer base and supports a fleet of vessels in service worldwide, the company is quick to credit its Louisiana roots as a key component of its ongoing success.
“Metal Shark has always enjoyed strong support from the State of Louisiana and South Louisiana,” stated Chris Allard. “This long-standing cooperation and pro-business attitude, combined with the region’s skilled workforce, were key factors in our decision making process for this expansion. Louisiana provides the perfect climate for American manufacturing and we’re proud to continue our investment here.”
 

Established in 1986, Gravois Aluminum Boats LLC, and its government/commercial boat entity Metal Shark Aluminum Boats, are leading suppliers of welded aluminum boats for defense, law enforcement, and commercial entities. Key customers include the United States Coast Guard, Navy, Air Force, Army, and the militaries of partner nations worldwide. From its two fully self-contained facilities in South Louisiana, Metal Shark produces a wide range of custom v-hull and catamaran center console and pilothouse patrol boats, fireboats, skiffs, and speciality vessels ranging from 16’ to 250’.
 


People & Company News

MN100: Klüber Lubrication NA LP

The Company: Klüber Lubrication is one of the world’s leading manufacturers of specialty lubricants, offering high-end tribological solutions to virtually all industries and markets worldwide.

Grand Bahama Shipyard Adds Four Executives

Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four

MN100: Voith Turbo

The Company: Voith Turbo specializes in the design, manufacture and servicing of high performance driveline equipment. From drive components to electronic drive systems,

Contracts

Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

Fred.Olsen Energy, Hyundai Settle Rig Dispute

Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

Shipbuilding

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

IWSA to Host Wind Propulsion Forum at SMM

The International Windship Association (IWSA) will host its annual Wind Propulsion Innovation Forum at SMM2016 in Hamburg, including an extensive agenda with expert

Bollinger Delivers 19th FRC to the USCG

Bollinger Shipyards has delivered the 19th Fast Response Cutter (FRC), USCGC Rollin Fritch, to the U.S. Coast Guard.   The 154-foot patrol craft USCGC Rollin

Ship Repair & Conversion

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

IWSA to Host Wind Propulsion Forum at SMM

The International Windship Association (IWSA) will host its annual Wind Propulsion Innovation Forum at SMM2016 in Hamburg, including an extensive agenda with expert

Grand Bahama Shipyard Adds Four Executives

Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four

Finance

Singapore's SembMarine to Take Full Control of PPL Shipyard

Singaporean rig builder Sembcorp Marine Ltd said it had agreed to buy the 15 percent of PPL Shipyard Pte Ltd it did not already own for about $115 million from

Pressure Mounting on VLGCs Rates - Drewry

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

Investors to Acquire $1.5 bln Shipping Portfolio from NORD/LB

NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together

Coast Guard

Bollinger Delivers 19th FRC to the USCG

Bollinger Shipyards has delivered the 19th Fast Response Cutter (FRC), USCGC Rollin Fritch, to the U.S. Coast Guard.   The 154-foot patrol craft USCGC Rollin

TSA Boosts Maritime Security in a Big Way

Though most visible to the general public for its work at America’s airports, the U.S. Transportation Security Administration (TSA) also helps to secure the country’s

US Coast Guard Announces Final TWIC Rule

The U.S. Coast Guard announced Tuesday the publication of the final rule concerning Transportation Worker Identification Credential (TWIC) reader requirements. The

Mergers & Acquisitions

Baltic Exchange Board Backs SGX Bid

The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd , a deal that will give SGX access to a trading platform for the multi-billion

State to Take Reins of Alaska LNG Project

Alaska Gasline Development Corp. President Keith Meyer says the Big 3 oil companies are cooperating with the state’s desire to take full ownership of the AK LNG Project.

DP World H1 Profit Soars on Acquisitions

DP World, one of the world's largest port operators, reported a 50 percent leap in net profit for the first half of this year on Thursday, helped by the acquisitions

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1429 sec (7 req/sec)