Marine Link
Tuesday, February 21, 2017

ASRY Elects New Technical/Marketing Manager

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.

Bollinger Acquires Five Friede Goldman Shipyards

Bollinger Shipyards, Lockport, La. is now known as the largest vessel repair and conversion company in the Gulf of Mexico region upon its acquisition of the five shipyards of Friede Goldman Halter ship repair and conversion division. Bollinger now operates 12 dedicated ship repair and conversion yards totaling 42 drydocks situated between New Orleans and Houston, as well as two new construction shipyards in Lockport and Amelia, La. The acquisition is the result of an $80 million definitive agreement that was signed by both companies in May - subject to certain conditions and approval under the Hart Scott Rodino Act. The Bollinger-acquired properties are as follows: Halter Gulf Repair; Gretna Machine & Iron Works; Halter Calcasieu; Bludworth-Bond Houston and Bludworth-Bond Texas City.

China's Emerging Ship Repair Leader

Chen Yong (Photo: Zhoushan IMC YongYue Shipyard Engineering Co.)

Maritime Reporter & Engineering News interviews Chen Yong president Zhoushan IMC YongYue Shipyard Engineering Co., (IMC-YY) an emerging leader in ship repair and conversion in China. For our readers not familiar with IMC-YY, can you describe your physical facilities? Houshan IMC-Yougyue Shipyard & Engineering’s success starts with its physical facilities, which includes two graving docks (300,000 dwt, 350 x 65 x 13.6 m; and 100,000 dwt, 251 x 39 x 11.8m) and two sizable wharfs, one measuring 524.5m long with a 12-m depth, the second 250m long with a 12-m depth.

Damen Acquires French Ship Repair Yard

As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services. Furthermore, its personnel and management will remain in place, guaranteeing a seamless transition of the yard into the Damen Shipyards Group, which currently consists of more than 45 shipyards, repair & conversion yards and related companies.

Tampa Bay Shipbuilding Elects New CEO

Tampa Bay Shipbuilding & Repair Company announced the appointment of Walter J. Hartley Jr. (Joe) to the position of president and CEO. A native of Jacksonville, Fla., Hartley has an extensive background in the ship repair and conversion industry. His previous experience includes vice president at Atlantic Dry Dock in Jacksonville; president and CEO of Atlantic Marine in Mobile, Ala.; and president and CEO of S & H Land Corporation in Jacksonville.

Tampa Bay Shipbuilding Elects New President

Tampa Bay Shipbuilding & Repair Company announced the appointment of Mr. Walter J. Hartley Jr. (Joe) to the position of President and CEO. A native of Jacksonville, Fla., Hartley has an extensive background in the ship repair and conversion industry. His previous experience includes vice president at Atlantic Dry Dock in Jacksonville; president and CEO of Atlantic Marine in Mobile, Ala.; and president and CEO of S & H Land Corporation in Jacksonville.

Cosco to Grow Offshore and Shipbuilding Business

Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute $481.2m or 91 percent of the company's $528.8m revenue during the January to March quarter, Energy Current reported. Of the total revenue from the three key business segments, 21 per cent comes from ship repairs contracts, half of its 42 per cent share last year. The smaller revenue share from ship repairs business is in line with Cosco's move to secure higher value contracts in new shipbuilding and offshore marine engineering services, Cosco Vice Chairman and President Ji Hai Sheng said during a press briefing in .

Grandweld, New Shipbuilding Contracts

According to a June 23 report from Seatrade, Grandweld recently held keel laying ceremonies for two 118 ft utility vessels and one 134.5 ft crewboat for repeat customer Humaid Badir Marine Shipping Est., a UAE based fleet operator. The three vessel order is said to signal a strong 2009/10 order book for the Dubai based shipbuilding, ship repair and conversion yard, part of GMMOS Group. (Source: Seatrade)

FPSOs in the Gulf of Mexico?

Executives from many of the country's leading shipyards and supply organizations gathered in Washington, D.C. in January to discuss challenges facing the repair and conversion industry. While sentiments regarding near-term prospects in the ship repair and conversion market are hardly bullish, several of the speakers discussed the opportunities that would be created if and when Floating Production, Storage, and Offloading Systems (FPSO) are allowed to operate in the Gulf of Mexico. Currently, FPSOs are not allowed to be used in the GOM. But as offshore exploration and production continues to move farther offshore and into deeper waters, the use of these innovative production platforms seems a natural "next step," one which would be embraced by U.S. repair and conversion yards.

FPSOs in the Gulf of Mexico?

Executives from many of the country's leading shipyards and supply organizations gathered in Washington, D.C. in January to discuss challenges facing the repair and conversion industry. While sentiments regarding near-term prospects in the ship repair and conversion market are hardly bullish, several of the speakers discussed the opportunities that would be created if and when Floating Production, Storage, and Offloading Systems (FPSO) are allowed to operate in the Gulf of Mexico. Currently, FPSOs are not allowed to be used in the GOM. But as offshore exploration and production continues to move farther offshore and into deeper waters, the use of these innovative production platforms seems a natural "next step," one which would be embraced by U.S. repair and conversion yards.

Tugs, PSV Ordered from Singapore-based Shipbuilder

ASL Marine Holdings Ltd., a marine group engaged in shipbuilding, ship-repair and conversion, as well as ship chartering, has secured contracts worth S$132.5 million for the construction of five vessels. The vessels comprised four 75-tonne bollard-pull Diesel Electric Hybrid Azimuth Stern Drive Tugs and one Platform Supply Vessel, scheduled for delivery between the fourth quarter of 2013 and the fourth quarter of 2014. Separately, the Group’s ship-repair division also secured conversion and upgrading works for two drilling rigs. ASL Marine owns and operates shipyards in Singapore, Batam (Indonesia) and Guangdong (China), providing a comprehensive range of marine engineering services spanning myriad sectors/ industries.

MHI Enhancing Cruise Repair & Conversion Business

Fuji Mara

Mitsubishi Heavy Industries, Ltd. (MHI) is taking steps to strengthen its cruise ship repair and conversion business. Recently, along with swift expansion of the cruise market in Asia it has become increasingly important for cruise companies, both Japanese and foreign, to differentiate their services and enhance their responsiveness to customer needs. Against this backdrop, MHI has received orders from Mitsui O.S.K. Passenger Line, Ltd. (MOPAS) and Nippon Charter Cruise, Ltd. (NCC) for repair and conversion work on the Nippon Maru and Fuji Maru, respectively.

Visit A&P Group at Norshipping

A&P Group is one of the largest ship repair and conversion companies in the UK with an annual turnover of approximately £96 million. The company is 100 per cent privately owned, employs 600 people across the UK and uses a network of worldwide agents. A&P Group is continually investing in all of its yards and facilities to ensure the ability to offer extensive marine services. A&P Group has developed internationally from its traditional business of ship repair, ship conversion and fabrication to providing offshore and renewable marine services. The company now operates across a number of sectors offering a broad range of services associated with marine engineering and fabrication and is setting global standards for competitive prices…

G&C: New Agreement with BAE Systems Ship Repair

Gibbs & Cox won a Professional Services Agreement (PSA) with BAE Systems Ship Repair. The new PSA will allow any of the BAE Systems shipyards to contract directly with Gibbs & Cox for engineering services in support of their repair, fabrication and new construction work. BAE Systems Ship Repair is a leading provider of non-nuclear ship repair, modernization, conversion, overhaul, fabrication and new construction for commercial and government customers. • Norfolk Ship Repair, Norfolk, Va. • Southeast Shipyards Jacksonville, Jacksonville, Fla. • Southeast Shipyards Alabama, Mobile, Ala. • San Diego Ship Repair in San Diego, Calif. • San Francisco Ship Repair, San Francisco, Calif.

Dubai Drydocks World Established

Dubai World has consolidated its drydocks and maritime business by bringing Dubai Drydocks, Al Jadaf Shipyard, Platinum Yachts FZ and Platinum Yacht Management under a single umbrella - Dubai Drydocks World (DD World), a statement said. Dubai World, which runs DP World, the world's third largest port operator, yesterday announced the establishment of Dubai Drydocks World (DD World) to consolidate the dry docks and maritime sector of the organisation. All of these business units have aligned activities, which involve ship repair, conversion and ship building. Dubai Drydocks, a Dubai government-owned entity, has been operating since 1983 and has grown from humble beginnings into a world leader in the ship repair and conversion business.

Fincantieri Inks Cruise Repair Deal with HRDD in China

Photo: Fincantieri

Italian shipbuilding group Fincantieri and Chinese shipyard specialized in ship repair and refitting activities Huarun Dadong Dockyard (HRDD) have signed in Shanghai an exclusive cooperation agreement in the field of ship repair and conversions aimed at serving the cruise ships based in China. The deal includes the development of technical skills, project management and logistics procedures. In particular, Fincantieri, through its Ship Repair and Conversion business unit, will provide…

ASRY Signs New UK Agent

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. The move comes as part of ASRY’s strategic realignment of its agent network that has seen several new agents sign with ASRY recently. Nils Kristian Berge, ASRY Chief Executive said of the new signing, “We are streamlining our agent network to remind our key markets, historically and going forward, of ASRY’s leading position in the Arabian Gulf shipyard scene. Like ASRY, SRS has a long and distinguished history. Founded in 1968 as the first independent U.K.

Restructuring Pays Off: Indonesian Shipyard Wins Orders

Singapore-based Otto Marine contracted to fabricate 4 pre-erected columns & pontoon blocks worth S$6.3-million. Otto Marine Limited, an offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers ship repair and conversion and fabrication services, announce that PT Batamec, its Indonesia-based shipyard, has secured contracts to fabricate, assemble and deliver pre-erected columns and pontoon blocks. Secured from a Singapore-based customer, these contracts are a significant milestone in Otto Marine’s bid to expand and to strengthen its shipyard operations and presence in the robust offshore oil and gas industry in the region.

ASL Marine's Profits Plummet

Picture: ASL Marine Holdings

Singapore-based ASL Marine's profits for the second quarter ended 31 December 2014 dived 78.4% year-on-year to SGD1.432 million (USD1.05 million). Revenue also plunged 86% year-on-year to SGD47.44m due mainly to a revenue reversal of SGD95m recognized in the previous financial years, following the rescission of two OSV shipbuilding contracts in December 2014. The company says its first half earnings slashed on account of the difficult market conditions in the offshore sector due to the sharp decline in oil prices.

Damen Shipyards Group acquires Shipdock

As of this week, Damen Shipyards Group is the new owner of Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen. The yard will continue its ship repair and conversion services, with Shipdock Harlingen servicing ships up to 120 m and Shipdock Amsterdam servicing vessels up to 250 m. Furthermore, its personnel and management will remain in place, guaranteeing a seamless transition of the yard into the Damen Shipyards Group…

Ship Repair & Conversion Prospects

While it is difficult to find an industry where fierce competition and price wars are not the hallmarks, it seems at times that the ship repair industry has created and patented the formula. Ship repair and conversion yards have weathered years of cut-throat battling, as a slew of new, low-cost competitors regularly make an appearance. The trend is predicted to continue indefinitely. In general, ship repair operations are weathering many of the same financial, corporate and political storms as other major industrial companies. According to Dennis Stonebridge, a shipping consultant for Drewry Shipping Consultants, the forecast revenue for 1998-2003 is likely to fall in total by an estimated 1.5 percent.

Grand Bahama Shipyard Adds Four Executives

Ian Edward Ross (Photo: GBSL)

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, Charles Nugent and Adrian Baboi. Ian Edward Ross joined GBSL July 2016 as VP of HSSEQ, bringing with him over 25 years’ practical experience delivering strategic and operational support to major organizations in the oil and gas, power generation and heavy construction and fabrication industries.

Chinese Ship Repair Potential Unlocked

Two leading European shipyard supervision and specialist ship repair groups have joined forces to provide a specialist ship repair service in China. Cardiff-based Graig Shipping Plc and Barry-based Harris Pye Marine Ltd. have launched Graig Harris Pye (China) Ltd, which will meet all ship repair and conversion needs of shipowners from its modern Shanghai office. of Graig. "Very competitive steelwork prices, and a flexible, skilled workforce are attractive to owners. specialist pipework and steelwork projects, boilers and economisers, and can provide supervision and skilled technicians for all aspects of marine repair in China. John Coffin has been appointed general manager of Graig Harris Pye. team of shipyard supervisors based in Shanghai. China.

Maritime Reporter Magazine Cover Feb 2017 - The Cruise Industry Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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