New Ownership at Charleston/Carolina’s Rigging

press release
Thursday, November 17, 2011

Established in 1988 by Rick and Valerie Sawin as Charleston’s Rigging and Marine Hardware, firm has played significant roles in supplying products to support the construction of the Arthur Ravenel Bridge, raising The Hunley, and now transitions to the next generation.

 

Jessica Sage, Chief Financial Officer and Skip Sawin, Chief Operating Officer for Charleston’s Rigging and Carolina’s Rigging announce the purchase of the corporation from Rick and Valerie Sawin, founders of the firm. Established in Charleston in 1988, the company which employs just shy of 50 people and is a key supplier for maritime and commercial construction, maritime shipping, stevedores, port related activity, and both light and heavy industry in the areas of South Carolina, Georgia; and North Carolina. The firm has two additional branch offices in Columbia, S.C. and Augusta, Ga.

 

 With approximate yearly sales of more than 10 million dollars, Charleston Rigging and Carolina’s Rigging also has a field service division that provides repair, inspection and installation of overhead material handling products.  They are purveyors of mill and industrial supplies to local steel mills, power generating stations and other manufacturers. Additionally the firm specializes in stock and custom fabrication of material handling slings and devices for overhead lifting.

 

Skip Sawin said of the changeover, “It’s been a very easy transition, especially since Jess and I grew up in the business. Our family has been centered around this business since it’s inception.  Both of us worked here and in diverse capacities over the years. We’ve learned the business by being part of it. We know and understand the culture our parents created and are continuing it under our management.” Jessica Sage adds, “We honor the work our parents did to establish the company and will endeavor to be wise custodians of the company’s legacy while sustaining a vision for the future.”

 

Notable in the company’s history is the role it played in the raising of the Confederate submarine, The Hunley, by fabricating the slings to cradle the sub and her truss/support system. In more recent times Charleston Rigging’s supplied materials to  construction projects like Charleston's Arthur Ravenel Bridge and  aerospace and utilities companies.
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ClassNK's Structural Rules for Bulkers & Tankers

The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and

Long Beach Harbor Tour Season

Long Beach Port is once again giving tourists opportunity to enjoy a rare view of port operations on a free Port of Long Beach harbor tour. The organizers are

Mariners Transiting Delaware River Cautioned

The Captain of the Port (COTP) Delaware Bay is notifying mariners that Upper Delaware River lighted buoy 33 (LLNR 3875) and Upper Delaware River lighted buoy

Contracts

Chassis Pools for Port of Long Beach

Three companies that own the vast majority of chassis serving the San Pedro Bay ports are on track to activate a “gray chassis fleet” of truck-trailers on March 1,

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Finance

Indian Ports to Set Sail on Corporatization

Indian Finance Minister Arun Jaitley said in Union Budget 2015 that government-run ports in India will be encouraged to corporatize and become companies under the Companies Act.

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.

ADB Okays $30mln for Pak LNG Terminal

The Asian Development Bank (ADB) has approved a $30 million project loan to Engro Elengy Terminal Private Limited, a special purpose company which will build Pakistan’s

Marine Equipment

ClassNK's Structural Rules for Bulkers & Tankers

The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and

More Floating Accommodation for Lerwick

An accommodation ship, the SNAV Toscana is due at Lerwick on or around 6 March 2015 to supplement the floating accommodation at the port. Formerly operated as an Italian ferry,

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

Mergers & Acquisitions

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

NMM lines up Box Buy

Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration,

SpeedCast Acquires Geolink Satellite Services

SpeedCast International Limited announced the acquisition of Geolink Satellite Services, part of the CETel Group. The closing of the transaction is subject to regulatory approval.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3356 sec (3 req/sec)