ISS Issues RFP to Construct North America’s First Zero-emissions Towboats
Houston-based Industrial Service Solutions (ISS) announced Thursday it is seeking bids from U.S. shipyards to build up to four hulls for what will become North America's first fully-electric towboats.The zero-emissions vessels, which will be constructed for New York-based Zeeboat and available for charter from 2025, will run entirely on battery power, without the use of diesel engines—a first for towboats in North America. Vancouver, B.C.-based Shift Clean Energy will deliver the battery energy storage systems.ISS…
New Fully-electric Towboats Will be the First in the US
A series of four fully-electric, zero-emissions towboats announced this week are set to become the first built in North America as vessel owners and operators continue to explore new avenues to decarbonize.The new towboats, designed to support cleaner container transport in America's ports and inland waterways, will be built for New York-based Zeeboat and available for charter from 2025. Notably, they'll run entirely on battery power, without the use of diesel engines—a first…
Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines
Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal project will feature a leased Floating Storage and Regasification Unit (FSRU) that will be located at the First Gen Clean Energy Complex in Batangas City in the Philippines.BW Group in April secured a 5-year contract with FGEN LNG for the charter of BW Paris…
Harvey Gulf Closes Abdon Callais Offshore
New Orleans based Harvey Gulf International Marine, has announced the closing of its asset purchase of Abdon Callais Offshore, a deal worth $460 Million USD in cash, while simultaneously selling six of the older assets to Adriatic Marine for $72 Million USD. CEO Shane Guidry commented: "It's been a very busy year. Abdon Callais is the third company I have purchased in the last 12 months, adding 58 vessels to my fleet. Today, I have 14 vessels at 5 shipyards ranging in size from 220' to 340' in length under construction to meet our customer’s needs today and for the future.
AUSTAL USA: Rolling Strong into 2013
Austal USA today finds itself plowing into 2013 with the proverbial bone in its teeth, powered by an enviably hefty U.S. government backorder book, possibly the most modern and efficient manufacturing infrastructure in U.S. shipbuilding and the leadership of a new President who, over the past five years, helped to make it all happen. Nevertheless, domestic shipbuilders all know that DoD and DHS belt tightening is a the new reality. Determining the depth of government cuts and positioning accordingly is the tricky part, yet hardly new to companies operating in defense circles. In fact Austal may be as well positioned to ride out the storm as anyone…
BRAZIL: U.S. Find New Opportunities
While the U.S. economy may be in the doldrums, smart U.S. companies are looking increasingly to exports to help their bottom lines. A major market for U.S. exports is Brazil. This article examines new market opportunities in the oil and gas, shipbuilding and port infrastructure in Brazil, and identifies certain financing sources available to U.S. companies seeking to participate in these markets. Brazil’s growth in recent years has been amazing. Over the past 5 years, real GDP growth in Brazil has averaged 4.3% annually (as compared to 1.3% annually in the U.S.), reaching 7.5% in 2010.
