Marine Enterprises News

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grant awards to 24 small shipyards in 19 states through the Small Shipyard Grant Program.The funds will help awardees—many of which being family-run businesses—modernize, increase productivity and expand local employment opportunities while competing in the global marketplace, MARAD said.“Small businesses are the lifeblood of the American economy, and small shipyards play a critical role in America’s maritime industry, helping us get the goods we depend on every day,” said U.S.

A recent dry dock rehab project in Chicago provides new options and money saving opportunities for inland and Great Lakes stakeholders alike.From software to steel plating, Indiana-based TPG Marine Enterprises provides a range of services in the Great Lakes and inland waterways markets. River based tug and barge services are based in Jeffersonville and Mt. Vernon, IN, on the Ohio River, as well as on Kentucky’s Green River. The company also owns TPG Chicago Dry Dock, located on the Calumet River.

Being based just across the open border between Canada and America since 1930, Robert Allan Ltd. has developed a deep understanding of the American market and just how our ship designs can be tailored to suit our neighbors’ requirements. America is unique in many ways. The current designs of American towing vessels are largely the result of domestically focused requirements not encountered elsewhere. As a result, Robert Allan Ltd. has had to learn to treat America as unique and not to assume means and methods used elsewhere will suit the U.S. market. A simple example is the use of the U.S.

Indiana based maritime logistics company TPG Marine Enterprises, LLC said it has purchased 100 percent ownership of its primary operating company TPG Mt. Vernon Marine, LLC, which provides harbor services on the lower Ohio River under the names of Mt. Vernon Barge Service, Green River Barge Service and MVBS Jeffersonville, LLC. It also owns TPG Chicago Dry Dock, LLC, located on the Calumet River. Prior to the purchase at the end of September, TPG Marine Enterprises held majority ownership of TPG Mt.

Simrad Commercial, in partnership with Patti Marine Enterprises, has announced the latest vessel commissioned for the Truex clamming fleet is outfitted with a complete suite of Simrad Commercial marine electronics. Seawatcher II, a 152-foot clamming vessel, features two Simrad NSO evo2 processors driving five 18.5-inch monitors, an AP70 Autopilot, Halo-4 and Halo-6 Pulse Compression Radar systems and two SonarHub sonar processing systems. The design of the Seawatcher  II is based on an original concept developed in partnership with the Truex family in 2003.

A coalition of maritime business and industry organizations sent a letter to key Members of Congress on Friday, March 24 urging funding for the Great Lakes Restoration Initiative (GLRI) to further support efforts undertaken by the State of Illinois to slow, stop and reverse the migration of Asian carp, an aquatic invasive species, through cost-effective measures. In the letter, the UnLock Our Jobs (UOJ) coalition members review the record of success that the GLRI has had in working with the State of Illinois to develop a range of strategies to control Asian carp…

TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System. The firm owns and operates eight facilities in the Midwest and has about 200 employees. TPG Marine has interests in terminals servicing the Ohio, Green and Illinois Rivers along with a shipyard in Chicago. TPG brings innovation, efficiency, professionalism and harbor service/shipyard infrastructure (new dry docks, new cranes, new boats, and SOTA cleaning equipment to inland rivers facilities.

A 170-foot long, 40-foot wide fishing vessel, now named Defender, recently underwent a significant conversion to become the first fish pumping vessel in the Global Seas and Patti Marine Enterprises Inc fleet. Selected to provide engineering services including structural and mechanical work for the conversion was Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company. Because the vessel was being converted from fishing work on the East Coast (herring and mackerel) to West Coast fishing (pollock)…

Indiana-based TPG Mt. Vernon Marine, LLC purchased Chicago Dry Dock, a Chicago area shipyard founded in 1979. Chicago Dry Dock operates on the Calumet River and offers unencumbered access to both the Great Lakes (via Lake Michigan) and the Inland River System (via the Calumet/Des Plaines/Illinois Rivers). Founded as Kern Barge Cleaning and Repair, CDD purchased its first dry dock in 1995 and was renamed and incorporated as Chicago Dry Dock in 1996. Operating from seven acres less than three river miles from Lake Michigan…

In the summer of this year, Signet Maritime took delivery of Signet Arcturus & Signet Polaris, the eighth and ninth tugs designed for them by Robert Allan Ltd. of Vancouver, Canada to add to its fleet of 37 conventional and ASD vessels. The tugs were constructed at Patti Marine Enterprises in Pensacola, Florida. The tugs are based on the Signet Weatherly design, but with additional power and higher bollard pull. The vessels are intended for multidisciplinary work including offshore support, towing, ship-assist, ship escort, subsea and rig moves.

Adding to its fleet of 37 conventional and ASD vessels, Signet Maritime Corporation took ownership of its ninth newly constructed tractor tug in six years. SIGNET ARCTURUS, a 105’ x 38’ Z-Drive, designed by Robert Allan Ltd. of Vancouver, British Columbia was delivered by Patti Marine Enterprises of Pensacola, Florida on May 25, 2014. SIGNET ARCTURUS is powered by two Caterpillar model C175-16 main engines, each rated 3417 BHP at 1800 RPM. The engines are coupled to two Rolls-Royce US 255 CP azimuth thrusters via carbon fiber shafting, providing thrust for ABS certified sustained bollard pull of 83.45 metric tonnes. All Caterpillar mains and John Deere 6068TFM76 generator engines aboard the vessel are U.S. EPA Tier 3 certified for reduced emissions. Joseph W.

Adding to its fleet of 37 conventional and ASD vessels, Signet Maritime Corporation took ownership of its ninth newly constructed tractor tug in six years. Signet Arcturus , a 105’ x 38’ Z-Drive, designed by Robert Allan Ltd. of Vancouver, British Columbia was delivered by Patti Marine Enterprises of Pensacola, Florida on May 25, 2014. Signet Arcturus is powered by two Caterpillar model C175-16 main engines, each rated 3,417 BHP at 1,800 RPM. The engines are coupled to two Rolls-Royce US 255 CP azimuth thrusters via carbon fiber shafting…

Dometic’s HVAC systems fit right into the dual purpose of providing comfortable workboat environments while also protecting vital equipment. Both tasks go hand in hand and collaboration between parties is the key. An efficient and reliable HVAC (heating, ventilation and air conditioning) system on board commercial vessels is essential. In difficult and often extreme operating conditions, the system will provide a comfortable and healthy work environment for crew and also protect vital electronic equipment from overheating and potentially breaking down.

The deal is described by the British Government as a once-in-a-generation opportunity to expand the region’s marine and advanced manufacturing industries by freeing up land at the South Yard in Devonport Naval Base. It will enable marine companies to grow their operations, the relocation of supply chain companies to the region and the creation of new marine enterprises. The City Deal is intended to reinvigorate the region’s marine and advanced manufacturing sectors, creating over 9,000 jobs.

Nasdaq-listed Pingtan Marine Enterprise Ltd. (PME) is to sell its 100% owned dredging subsidiary, China Dredging Group  and its PRC operating subsidiaries, Fujian Xing Gang Port Service Co., Ltd. business and operating assets to an affiliate of the Company's Chairman, CEO and majority shareholder Mr. Xinrong Zhuo. In addition to the fairness opinion on the proposed transaction from Duff and Phelps, LLC, the Board received appraisal reports from BMI Appraisals Limited for the respective operating rights and licenses to conduct fishing services of 20 new vessels which are included as part of transaction consideration. The Board, excluding Chairman and CEO Mr. Xinrong Zhuo, and the Company's Senior Officer, Mr. Bin Lin, unanimously approved moving forward with the transaction.

Dredging and Ocean Fishing listed firm Pingtan Marine Enterprise Ltd. (Nasdaq: PME) confirms its continued listing & compliance with all quantitative listing requirements. Pingtan, a marine services company providing territorial sea fishing and dredging services in the People's Republic of China (PRC), has announced that the it has received a letter from the Nasdaq Listing Qualifications Panel (the "Panel") stating that it has concluded that the company has demonstrated compliance with all applicable listing requirements. Accordingly, the listing review has been closed. Pingtan's Chairman and CEO, Mr. Xinrong Zhou, stated, "We are very pleased with the recent ruling by Nasdaq and are focused on increasing shareholder value by continuing to grow our business…

Pingtan Marine Enterprise Ltd. an integrated marine services company providing territorial sea fishing and dredging services in the People's Republic of China (PRC), has expanded its fleet, signing of a 'Master Agreement' to purchase 46 fishing trawlers in a transaction totaling approximately $410.1 million. After a thorough third-party appraisal process, the Master Agreement was signed between Pingtan and Fuzhou Honglong Ocean Fishery Co., Ltd., or "Hong Long," a company owned by Pingtan's Chairman and CEO, Mr.

Signet Maritime Corporation contracts Patti Marine Enterprises, Inc. in Pensacola, Florida, to construct tow Robert Allan designed tugs. Construction commenced in November 2012 with an expected delivery of December 2013 for the first vessel and March 2014 for the second vessel. Continuing the longstanding Signet tradition of naming vessels in honor of America’s Cup winners, the new RAmparts 3200 ASD tugs will be named M/V Signet Intrepid and M/V Signet Vigilant. These vessels…

Signet Maritime Corporation continues to expand its diverse fleet by awarding a contract for the construction of two Robert Allan Ltd. designed tugs to Patti Marine Enterprises, Inc. in Pensacola, Florida. This marks the ninth Signet/Robert Allan Ltd. design in 5 years. Construction commenced in November 2012 with an expected delivery of December 2013 for the first vessel and March 2014 for the second vessel. Continuing the longstanding Signet tradition of naming vessels in honor of America’s Cup winners, the new RAmparts 3200 ASD tugs will be named M/V Signet Intrepid and M/V Signet Vigilant.

Jensen Completes Major Refurbishment Work on Fishing Vessel Bering Defender; Upgrades Make Vessel More Efficient, Optimize it for Work in the Bering Sea. Jensen Maritime, a Crowley Maritime Corp. company, recently completed a major redesign of the Global Sea-managed fishing vessel Bering Defender. The project, which improved the vessel’s efficiency and hold capacity, outfitted it for pollock fishing in the challenging waters of Alaska’s Bering Sea. The refurbished fishing boat…

US-based Jensen Maritime, completes a major redesign of the Global Sea-managed fishing vessel 'Bering Defender'. The project, which improved the vessel’s efficiency and hold capacity, outfitted it for pollock fishing in the challenging waters of Alaska’s Bering Sea. The refurbished fishing boat, formerly named Dona Martita, recently arrived in Seattle after departing the East Coast and transiting the Panama Canal. Global Seas, based in Seattle, is an operator of a diverse fleet of research and fishing vessels.

Holland America Line receives second Benkert Award for its marine environmental initiatives as U.S. At a recent ceremony, Holland America Line was presented a gold 2012 Rear Admiral William M. Benkert Environmental Protection Award from the U.S. Coast Guard in recognition of the line's environmental leadership and for successfully achieving several environmental objectives established by the company that exceed standard regulation. U.S. Coast Guard Commandant Admiral Robert Papp presented the award to Michael Inman, director, system management and program development, Safety and Environmental Management Systems for Holland America Line. The company first received the biennial award in 2010. The U.S.

The Jensen Maritime-designed river push boat, the M/V Stephenson II, has been delivered to the U.S. Army Corps of Engineers for use in Gascondale, MO, in the Corps' Kansas City district. Jensen performed the functional design and production lofting of the ABS Classed, 58-ft, 770-horsepower boat, which will provide operational support for the district's operations and maintenance mission on the lower Missouri River as well as for general construction and mitigation projects. Patti Marine Enterprises Inc.