James Stewart News

New Industries, Inc., of Morgan City, La. completed the fabrication of two 18' diameter x 223'-9" long pressure vessels for Conrad Shipyard, LLC, also of Morgan City. “These were the largest and heaviest tanks we have built to date,” stated James Stewart, New Industries’ Vice President, “Each tank weighed 430 tons.” New Industries, Inc. has fabricated 56 LPG tanks ranging in size from 14’ -10” diameter x 180’ long x 240 tons to 18’ diameter x 223’ long x 430 tons. Currently, New Industries’ backlog on LPG tanks stretches into the 2nd quarter of 2014. newindustries.com

“Experience of the team” was recently named as the principal trait to accumulate capital for current offshore wind projects as found in Wind Energy Update’s survey on offshore wind investment and finance. Further to this, survey participants also saw that: ”the use of proven technologies’’ and the “site characteristics’’ also played a major role in the acquisition of finance. As explained by Marios Papalexandrou of Mott MacDonald, ‘experienced teams have greater risk awareness which allows them to predict hazards and respond to them in a quick and efficient manner’. The two fellow speakers (Matthew Tilbrook of Mizuho Corporate…