Marine link
 

BOAT HOLDING

Medina Int’l Acquires Harbor Guard Boats

Medina International Holdings, Inc. (Pink Sheets: MIHI), a manufacturer of specialized search and rescue boats, announced that it has completed the acquisition of Harbor Guard Boats, Inc. Harbor Guard Boats, Inc. manufactures fire rescue, rescue and patrol boats. Harbor Guard Boats, Inc. had sales of approximately $693,455, $575,110 and $1,478,479 for the years ended April 30, 2007, 2008 and 2009 respectively. President of Medina International Holdings, Inc., Daniel Medina stated that, "This acquisition complements our existing fire, rescue and patrol boat division, adding several high-end, proprietary hull designs that have proven extremely popular." Chief financial officer of Medina International Holdings, Inc. Rao Mankal commented, "This acquisition represents a significant step forward in increasing our product line. We have now expanded our capabilities from 12-ft up to 37-ft boats, thereby giving us a presence in the larger boat market." Albert Mardikian, Chief Executive Officer of Harbor Guard Boats, Inc. said, "I am enthusiastic about this merger. The combined entity of Harbor Guard and Medina International will be the leader in Homeland Security fire, rescue and patrol boats and watercrafts. As part of a publicly traded company our opportunities will expand and our access to additional capital to take advantage of these opportunities will increase." (www.medinamarine.com)


Brunswick Sells Fishing Holdings to Triton Boats

Fishing Holdings, LLC, a manufacturer and marketer of fiberglass fishing boats owned by an affiliate of Platinum Equity, announced its acquisition of Triton Boats from Brunswick Corporation. Terms of the transaction are not disclosed. Triton founder Earl Bentz will join Fishing Holdings and resume his role at the helm of Triton Boats. Additionally, several key members of Triton's executive management and sales representative group will remain on board the Triton team and will continue to


Saab TransponderTech To Provide ARS System

Saab TransponderTech has been awarded a contract to provide Orkney Island Harbor Authorities with an ARS system that includes AIS functionality. The system boasts a base station implemented into the VTS system delivered by Navtek from Norway and mobile transponders to the pilot boats and tug boats in that region. The mobile transponders also hold special applications with alarm functionality for emergencies as well as administrative functionality for piloting


Trawling for Scrap Metal

Drawings courtesy of Rodriguez Boat Builders

It looks like a typical Gulf of Mexico double-rigged shrimp trawler. However at 110 by 28-ft she will be bigger than most shrimpers. Like her sister, the Poncho, delivered in 2009, the new vessel is also built with robust framing and extra power. Like the Poncho, the as yet unnamed vessel, will be trawling for scrap metal, old tires and any other scrap is at the site of a decommissioned oil rig.   The work, mandated by U.S


Survey Names Carolina Skiff America’s Premier Fiberglass Boat Builder

Photo: Carolina Skiff

Carolina Skiff, LLC announced that it has become the nation’s number-one fiberglass boat builder, based on new boat state registrations compiled by Statistical Surveys, Inc. for the year ending December 31, 2012. Holding the industry’s top spot in fiberglass boat sales in the saltwater, fiberglass, outboard-powered category since 1997, Carolina Skiff is now the number-one fiberglass boat builder in America, covering all fiberglass boat types (freshwater and saltwater)


With an Interceptor, a RHIB and a Cat

Salthouse Boatbuilders

Two extreme AC72 foiling catamarans with wing sails went head-to-head at over 40 knots in San Francisco Bay, California. The teams were competing in the 2013 Americas Cup Challenge which took place from September 7-21, 2013. Anyone watching the first few days of Americas Cup sailing will know that it looked like Emirates Team New Zealand had a seemingly untouchable lead – then out of the blue Oracle Team USA completed one of the greatest comebacks in sport to win the 34th


Bahamas Family Continues a Marine Tradition

"My dad, Earnest, Sr., has been in the marine business for over 50 years," says Ernest Dean, Jr. of Nassau, in the Bahamas. At the end of September, Dean Jr., who has a couple of decades in the business himself, will take delivery of a new boat named for his late brother Gurth Dean. The boat will fill a position in the family's mail and general cargo business, left vacant by the loss of a vessel last fall. Currently building at Rodriguez Boatworks in Bayou LaBatre, Ala


Chuan Hup To Buy 20 New Barges & Tugs

Marine shipping company Chuan Hup Holdings expects a new contract to ship coal to Indonesia to contribute significantly to group earnings in 2001, according to a company official. Chuan Hup reportedly has a fleet of about 145 barges, tug boats and other vessels, but would have to add to that to service the new contract. The current estimate calls for about 20 new barges and tug boats.


New GM at Burger Boat Company

Burger Boat Company announced that Bill Bitner has joined the Burger Executive Team as the new Vice-President/General Manager. Bitner has previously held positions as Allied Signal-Honeywell Aerospace Division and most recently, from Rolls-Royce Aerospace where he served as Vice President/General Manager for the last five years. Bitner holds an MBA in Global Management, Lean Manufacturing Certification and an Executive MBA Certification.


State Unveils Future for Ferries

Washington State Ferries officials presented their idea of what the future holds for the Kingston ferry terminal. Ridership on the Kingston-Edmonds route is expected to increase by 70 percent in the next 25 years. Although vehicles will play a role in that increase, passenger-only service will likely see an even greater boost, the North Kitsap Herald reported. A third boat will be added to the Kingston-Edmonds route in the summer of 2010 and year-round in 2012


MAN Rollo Supplies Engines for Hybrid Patrol Boat

Photo courtesy of MAN Rollo

In April this year, MAN Rollo supplied two engines for the RPA8 hybrid patrol boat, which Kooiman Shipyard was commissioned to build by the Port of Rotterdam Authority. When putting out a tender for the patrol boat, the Port of Rotterdam Authority defined a number of principles


Denmark Tightene Water Scooter Regulations

Pic: Danish Maritime Authority

 Danish Ministry of Industry will launch a set of new initiatives to enhance safety at sea when operating water scooters, jet skis, speed boats and the like.   The new initiatives are to prevent accidents at sea by securing, inter alia


Patrol Boats Delivered to the Vietnam Coast Guard

US Ambassador Ted Osius, fourth from left, inspects new Metal Shark patrol boats with Vietnam Coast Guard members during a delivery ceremony Monday May 22, 2017 in Quang Nam, central Vietnam (Photos courtesy US Embassy Hanoi)

Six new military patrol boats built by Louisiana-based shipbuilder Metal Shark have been delivered to the Vietnam Coast Guard. The welded-aluminum Metal Shark 45-foot Defiant pilothouse patrol vessels were provided to Vietnam by the United States in a move that underscores the increased security


Parade Of Ships Kicks Off Fleet Week in New York

Photo: United States Navy

 U.S. Army Garrison Fort Hamilton held a salute to the participating ships of 2017 Fleet Week New York (FWNY) during the official Parade of Ships kickoff May 24.    Amphibious assault ship USS Kearsarge (LHD 3) rendered a seven-gun salute with U.S


Brunswick Expanding Its Boat Building Facility

L-R: Jeff Hubert, Ken Sahibs, John Ratto, Boston Whaler President Nick Stickler, Mike Hertweck, David Adams. (Photo: BCGP)

Brunswick Commercial & Government Products (BCGP) has officially broken ground on a facility expansion at the company's Edgewater, Fla. headquarters. The addition includes a new large-boat building with added manufacturing space and other facility improvements


Maritime Professionals Ask the Hard Questions

MOB and RS & WBV Workshop Presenters Collage v1.jpg

More than 80 maritime professionals attended two unique one day events focused on the sub IMO / sub 24 meter sector in Southampton this April.    The fast moving and dynamic one day workshops brought together an international group of experts armed with the latest knowledge to identify


North River Boats Charts its Future as Newly Formed ESOP

Photo: North River Boats

North River Boats, one of the largest private employers in Roseburg, Ore., has new partners – more than one hundred of them. CEO Brent Hutchings informed his entire company of a newly formed employee stock ownership plan (ESOP) that will help him transfer over time a third of his ownership


Vestdavit Brings New Davit Lifting Force to Market

The new PAP-16000 single point davit from Vestdavit (Photo: Vestdavit)

Vestdavit has completed its largest ever single-point A-frame davit for over the side boat handling, rising to the continuing challenge set by customers to be able to launch and retrieve ever larger workboats from their ships.   The first PAP-16000 davit


Hanssons Increase Stake in Nordic American Offshore

File photo: NAO

The executive chairman of Nordic American Offshore Ltd. (NAO) and his family have increase their holding in the company, now holding shares equivalent to 5.4 percent of NAO.   On Wednesday a company owned by the NAO executive chairman, Herbjorn Hansson, and his son, Alexander, bought 500


Hanssons Up Stake in NAO – Again

File photo: NAO

Nordic American Offshore Ltd. executive chairman, Herbjorn Hansson and his son, Alexander, have accumulated 1,681,007 shares in the New York listed NAO at an average price of $1.12 per share.  Following the the last purchase of 181,007 NAO shares on Friday, May 12


Johnson Joins Foss in HSQE Role

Grant Johnson (Photo: Foss Maritime)

Grant Johnson has joined Foss Maritime as Vice President of Health, Safety, Quality and Environment (HSQE), responsible for overseeing, growing and strengthening HSQE performance.   Johnson arrives at Foss from TechnipFMC, an international energy services provider


Malaysian Navy Boat, Nine Crew Missing

Nine crew members of a Malaysian navy boat are missing after they lost contact with their parent ship while chasing away intruding fishermen, the navy said on Monday.   The nine were part of a boarding team from the warship KD Perdana, on patrol off the south coast


Subchapter M Survey Reports

© Adam Parent / Adobe Stock

The advent of the subchapter M towboat rules – even though the bulk of the rules don’t come into effect until July of 2018 – requires a close look at your equipment. How you go about that important task will make all the difference.  


Panama Frees Vessel Held in Western Sahara Claim

Panama authorities have released a Moroccan phosphate shipment from the disputed Western Sahara territory after it was temporarily held by a legal challenge from the Polisario independence movement, officials said on Monday.   The vessel was held on May 18 and is the second tanker carrying


Hapag Lloyd Completes Merger with UASC

File photo: Hapag-Lloyd

German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company. The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright