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C & G BOAT WORKS

POSCO,GS Group to Make Joint Bid for Daewoo

POSCO and GS Group said they are teaming up in the race to buy Daewoo, Reuters reported. POSCO, the world's fourth-largest steelmaker, and GS Holdings, the holding company for energy-to-construction group GS, said they were forming a consortium to bid for Daewoo. A 50.4 percent stake in Daewoo is being sold by top shareholders including Korea Development Bank. Cash-rich POSCO had been considered as a strong candidate even alone but some analysts had been skeptical about benefits from a steel-shipbuilder combination. Source:  Reuters


Yayasan Sabah Plans Expansion

Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers, the Business Times reported. The group through its joint-venture company, GS Tankers Sdn Bhd, inked a shipbuilding contract for the construction and sale of a chemical tanker with Nok Bong Shipbuilding Co Ltd, a shipbuilder from Koje City, Kyungnam, South Korea


Boksa Marine Design, Custom Steel Boats Yacht

Boksa Marine Design and Custom Steel Boats developed the CS 85. Designed specifically for an avid SCUBA diver and his family and friends, the CS 85, an 85 ft x 22 ft expedition style motor yacht, combines accessible exterior spaces with liveable interior spaces.  There is a large dive locker located in the lazarette with easy access to the large swim platform.  An Opacmare Transformer provides a large swim-up deck for diver access to the water


Moose Boats Deliver Patrol Boat to NYPD

M2-35 patrol boat: Photo courtesy of Moose Boats

Boat designer and manufacturer in the San Francisco Bay Area, Moose Boats, said it has delivered a M2-35 Catamaran Patrol Boat to New York City Police Department’s Harbor Unit. The 35 foot all-aluminum catamaran vessel is a sister ship to NYPD’s three existing Moose Boats M2- 35 catamarans, the first of which has been in service since December 2009. The vessel will be responsible for patrol, search and rescue


Zamakona to Offer GS-Hydro Hydraulic Services

Pictured from left to right: Borja Garaygordóbil, General Director of Zamakona Yards Canarias; Pablo Moya, Managing Director of GS-Hydro Spain, Portugal and France; Álvaro Garaygordóbil, CEO Zamakona Yards Canarias and Luis Ibarra, President of the Port Authority of Las Palmas (Photo courtesy of Zamakona Yards)

GS-Hydro has reached an agreement with Zamakona Yards to include its hydraulic services in the range of services offered by the Zamakona in the Canary Islands.   Marking the new partnership, a presentation ceremony was held January 29 in the Las Palmas Port. In attendance were the President of the Port Authority of Las Palmas, Luis Ibarra; Zamakona Yards´ CEO in the Canary Islands, Álvaro Garaygordobil; Vice President of Business Development at the GS-Hydro Corporation


Diana Addendum to Time Charter with Rio Tinto

Sideris GS. Photo: Diana Shipping Inc.

 Diana Shipping, through a separate wholly-owned subsidiary, has agreed to extend and increase the time charter rate of the present time charter contract with Singapore-based Rio Tinto Shipping (Asia) for one of its Capesize dry bulk vessels, the m/v Sideris GS.   The global shipping company specializing in the ownership of dry bulk vessels added that the contract is for a period of minimum 13 months to maximum 17 months.  


People & Company: Q&A: Gary C. Schuler, CEO, Senesco Marine

MarineNews: What did you do before coming to Senesco Marine, and how did you get into the shipbuilding industry? How does your former field compare/contrast with the marine business? Gary Schuler: I served as CEO of Bostitch, a $500 million producer of pneumatic tools and fasteners, from 1980-1990. After leaving there, I was involved in some turnaround situations before joining an investment partnership. The majority investor at Senesco Marine, whom I've know for about 20 years


Hudong-Zhonghua to Build LNG Carriers for PNG, Gorgon Jansz

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China.  These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).  


UK's Victor Marine Customise Separator for Indian Navy

Lightweight Separator: Image credit Victor Marine

Victor Marine Ltd fulfill a significant order for a series of lightweight oily water separators for naval fast attack interceptor vessels. These lighter units have now been added to Victor Marine’s full range of products. Due to the weight constraints applied to this project, Victor Marine faced the challenge of designing and building a lightweight version of their already very successful CS Series range of separators.


MOL Crew Rescues Mariners from Disabled Vessel

A scene of rescuing crew members

While steaming some 700km west of Guam on January 20, Mitsui O.S.K. Lines, Ltd. operated coal carrier C. S. Sunshine rescued all 24 Chinese crew members of a disabled freighter January 20. At 8:15 a.m. (local time) on January 20, the Panama-registered C.S. Sunshine, which departed Newcastle, Australia, bound for Tsuruga, Fukui Prefecture, Japan, received a distress signal from a Panama-flagged freighter that had lost power. The 46,700 MT, 228.4m C.S


Z-Drive Collaboration on the Inland Waterways Expands

(Photo: ACBL)

American Commercial Barge Line’s leadership and early adoption of ZF Marine’s z-drive propulsion technology underscores a growing trend on the inland waterways.    American Commercial Barge Line (ACBL) has been around a long time – since 1915


DHS Custom Passenger Ferry Launched

Photo: Gulfstream Shipbuilding

Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017.  This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered in the fall 2017 to service the New York and Connecticut waters


Van Oord Wins Dubai Project

Image: Van Oord

 Van Oord has been awarded the contract for Dubai Harbour marine works, a prestigious mega project in Dubai.   The project, which Van Oord carries out for Projects Link Contracting Co LLC, is the next step in achieving ‘Dubai Tourism Vision 2020’


Duke Receives Funding for New Research Vessel

 Duke University said it has received $11 million for the construction and operation of a new state-of-the-art vessel that will expand teaching and research capabilities at its marine lab.   The gift to the Nicholas School of the Environment from the Grainger Family Descendants Fund


It All Flows Downstream

Omni Catamaran cleaning Chicago waterway (Photo: Elastec)

Oil spills, trash, debris, sediment, chemicals: how do we keep our waterways clean?   If an oil spill happens on water, the Oil Pollution Act of 1990 (OPA90) has very clear rules on who is responsible for paying for cleanup costs. Most oil spills can be traced to the spiller – a


Load Cells for Offshore Mooring Project

TSM Molène and TSM Penzer. (Image: Iroise Mer/Straightpoint)

French maritime engineering specialist Iroise Mer used a 50 ton Straightpoint Radiolink plus (RLP) load cell during a refit of a tanker mooring system located 500m off the Corsica coast, recently. Iroise Mer's job was to update the site, comprising four different mooring lines


Vigor Begins Building NYPD Response Boat

(Image: Vigor)

U.S. shipbuilder Vigor said it has begun constructing a fifth 45’ Response Boat - Medium C (RB-M C) for its long-time customer, the New York Police Department (NYPD) Harbor Unit.   The vessel will be fabricated at Vigor Ballard (formerly Kvichak Marine) in the Seattle metro area with


Tanker Runs Aground near Skamokawa, Wash.

U.S. Coast Guard photo courtesy Sector Columbia River.

A 557-foot tanker Argent Cosmos lost use of a fuel pump and ran aground near Skamokawa, Wash. at 6:28 a.m. Thursday while heading outbound on the Columbia River following a port call in Longview, Wash.   The Panamanian-flagged tanker is loaded with 1.63 million gallons of ethanol and 6


Austal Opens Cairns Office

Hon Warren Entsch MP, Member for Leichardt joined Austal’s Vice President, Defense RADM (Retd) Davyd Thomas AO CSC to open Austal’s office in Cairns Queensland 10th July 2017. (Photo: Austal)

Austal Australia was joined by Warren Entsch, Federal Member for Leichardt, to officially open its vessel sustainment office in Cairns, the latest effort in the expansion of Austal’s national footprint.   The shipbuilder said its new Cairns sustainment facilities will employ nearly 30


Rugged Propulsion System Designed for the Swamps

Metal Shark 21 Riverine equipped with Swamp Shark surface drive, shown powering through vegetation in Louisiana’s Atchafalaya Basin (Photo: Metal Shark)

A new all-terrain vessel propulsion system specially engineered and built for operation in extreme shallow water, riverine and mud flat environments will safely and reliably propel a vessel through dense vegetation, mud and debris-strewn waters.  


Rendall Joins The Shearer Group

Ryan Randall (Photo: TSGI)

Naval architect Ryan Rendall has joined the naval architecture, marine engineering and marine surveying firm The Shearer Group, Inc. (TSGI).   Prior to joining TSGI, Rendall worked for Metal Shark Boats as a naval architect and marine engineer. He received a B.S


New Passenger Ferry for Governors Island

(Image: Blount Boats)

 U.S. shipbuilder Blount Boats together with naval architecture firm Elliott Bay Design Group (EBDG) has been awarded the contract to design and construct a new passenger-only ferry for Governors Island, New York by The Trust For Governors Island.  


US-Australia Naval Drill TS17 is Underway

(Front to Back) HMA Ships Bathurst and Ballarat conduct Officer of the Watch manoeuvres with USS John S. McCain during Exercise Talisman Saber 17 Field Training Exercise - North. Photo: Royal Australian Navy.

 The Royal Australian and United States navies have proven a potent and agile force when operating together during the opening phases of Exercise TALISMAN SABER 17, which took place in the Northern Territory.   HMA Ships Ballarat, Melbourne


NASSCO Christens Yard Tug Blue Fin

(Photo: General Dynamics NASSCO)

U.S. shipbuilder General Dynamics NASSCO has taken delivery of a new tug, Blue Fin, to support its waterfront activities. The new tug, built by Marine Group Boat Works in National City, Calif., was christened July 8 at a ceremony at NASSCO’s shipyard in Barrio Logan in San Diego


UK Partners to Launch Autonomous Vessels Testing Service

(Photo: BAE Systems)

The U.K.'s first maritime autonomous systems testing service is set to launch later this year.   BAE Systems said it has been awarded £457,000 (approximately $594,700) in grant funding from the Solent Local Enterprise Partnership (LEP) to design and deliver the U.K






 
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