Gary Sauder has been named President of GS-Hydro, North America. GS-Hydro is a leading supplier of industrial hydraulic piping that does not require welding. The company designs and supplies piping systems worldwide for the industrial, automotive, marine, offshore oil, and gas markets. It has offices, warehousing, and manufacturing facilities located throughout Europe, North America, and Asia. Sauder’s immediate responsibilities will be to implement a strategic plan to move the U.S. facilities, currently located in Connecticut, to Houston, Texas. The expansion plan is designed to position the operation closer to the company’s growing offshore market base in the Gulf. The Houston location proves to be more centralized in serving other key customer segments as well. Sauder brings a wealth of experience to his new post at GS-Hydro. He has been with Hägglunds for over 20 years, beginning with the company’s service group in Houston from 1983 through 1987, where he was involved in repairs, installations, and start-ups and rose to the position of Service Coordinator.
Aluminum Chambered Boats, Inc., Bellingham Wash., is being awarded a $12,824,070 firm-fixed-priced order no. M67854-08-F-5038 under GSA contract no. GS-07-F-0133M for 42 bridge erection boats, 42 trailers, 42 technical manuals, and 42 warranties. Work will be performed in Bellingham Wash., and work is expected to be completed Jul. 2009. Contract funds will not expire by the end of the current fiscal year. This contract was competed on GSA
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
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v Sideris GS. The gross charter rate is $13,500 per day, minus a 5% commission paid to third parties, for a minimum period of 21 months to maximum of 27 months
Hyundai Heavy Industries said it will make an independent bid together with its two affiliates for a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME), according to Korea Times. The remarks come after SK Energy said it is considering joining a consortium led by POSCO. Industry experts say SK Energy will join the POSCO-led consortium and plans to invest less than about $90m, a token amount for the size of Daewoo Shipbuilding.
YAYASAN Sabah Shipping (YSS) and Gagasan Carriers Sdn Bhd (GCSB) have formed a joint-venture company, under which it will acquire two new chemical tankers costing $39 million. The formation of the joint-venture company, GS Tankers Sdn Bhd, is the culmination of a four-year strategic alliance between YSS and GCSB in managing and operating YSS' first chemical tanker, Danum. A joint-venture agreement between YSS and GCSB was formalized in Kota Kinabalu, Sabah.
Diana Shipping Inc. announced that it has agreed to purchase from an unaffiliated third party, a Capesize dry bulk carrier of approximately 175,000 dwt, currently under construction by Shanghai Waigaoqiao Shipbuilding Co., Ltd. for a price of $91 million. The vessel, to be named Sideris GS, is expected to be delivered to the Company by the sellers immediately upon completion of its construction in or about December 2006.
Volvo Penta is developing the power output of its marine gasoline engines with up to an additional 20 hp. With power ratings of up to 320 hp, the upgraded gasoline engines become faster and more reliable - while at the same time beginning this year they are being delivered in the classic Volvo Penta red color. Most of Volvo Penta's 6- and 8-cylinder gasoline engines are being further developed for the 2002 model year
Lady Sponsor Mrs Brenda Harvey (third from left) is accompanied by (from left) Mr CY Ho, Director of Keppel AmFELS, Mr GS Tan, President of Keppel AmFELS, Mr Michael Harvey, Director of Scorpion, Mr Jon Cole, President and CEO of Scorpion, Mrs Cole, Mr CH Tong, Chairman of Keppel AmFELS, Mr Donny Rials, Project Manager of Scorpion, Mr Oscar Lopez, Project Manager of Keppel AmFELS and Mr Gabe Padilla, Vice-President (Engineering) of Scorpion.
U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday, as energy firms keep slashing spending despite a more than 50 percent jump in crude futures since hitting a near 13-year low in February. Drillers cut 3 oil rigs in the week to April 15, bringing the total rig count down to 351, Baker Hughes said in its closely followed report.
Approximately 130 million Chinese citizens travel internationally, making China the world’s largest outbound travel market in the world. With one-sixth of the world’s population, many recognize this country as a market with huge potential.
IMO 2020 sulfur cap: lube producers take a pragmatic approach There has been little reaction by way of statements or position papers from marine fuel lubricant manufacturers to the IMO MEPC70 proposals for a global fuel sulfur content cap of 0
The reemergence of organotin in marine hull coatings is of increasing concern, with academics and environmentalists calling on International Maritime Organization (IMO) to investigate the use of tin in silicone-based foul release systems and other ships hull coatings.
ABS Chief Technology Officer and University of Michigan alumnus Howard Fireman addressed students, professors and guests at the university’s 2017 Naval Architecture and Marine Engineering Department’s Captain Ralph R. and Florence Peachman Lecture to share his vision of the future of
BMT Ship & Coastal Dynamics (BMT) announced a new contract with the UK’s Marine Accident Investigation Branch (MAIB). BMT has installed its marine navigation and maneuvering simulator, Rembrandt and will provide ongoing specialized training
The amphibious assault ship USS Makin Island (LHD 8) departed Hong Kong April 11, following a scheduled port visit. The four-day visit allowed nearly 2,500 Sailors and Marines assigned to the ship and embarked 11th Marine Expeditionary Unit the opportunity to experience Hong Kong's
STI Marine, a Division of Specified Technologies Inc., has added a new distribution center in Rotterdam, Netherlands. The central European location benefits local shipbuilders, providing an even more responsive service than before, improving availability and expediting delivery
Navios Selects DuPont as Preferred Scrubber Supplier Navios ShipManagement Inc., a member of Navios Group, has issued a letter of intent endorsing DuPont Clean Technologies as the preferred supplier of exhaust gas cleaning systems (EGCS) for its vessels
Next Geosolutions announced the acquisition of UK-based marine resource solutions company, RMS Submarine Ltd. The acquisition of the companies enables Next Geosolutions to focus on the operations and maintenance market, for both the cables and renewables industries
International compressor supplier TMC Compressors (TMC) said it has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DMSE) to supply a marine compressed air system to a newbuild floating storage and regasification unit (FRSU).
ABB’s Marine Academy has been recognized by classification society DNV GL for meeting its standards for maritime training. Operating in six locations around the globe, ABB’s Marine Academy aims to reduce vessel downtime and improve safety through education
U.S., U.K. and France began Exercise Alligator Dagger 17, April 5. The two-week multilateral amphibious exercise is taking place in international waters off the coast of Djibouti and in the vicinity of Djibouti and Arta Beach, April 5 - April 20.
Mitsui O.S.K. Lines (MOL) is pleased to announce that the United States National Oceanic and Atmospheric Administration's (NOAA) Channel Islands National Marine Sanctuary has honored MOL with an award for the company's participation in the 2016 Vessel Speed Reduction (VSR) incentive
An essential event for all Common Marine Inspection Document (eCMID) and Marine Inspection for Small Workboats (eMISW) stakeholders. The forthcoming Accredited Vessel Inspector (AVI) Conference will be taking place at the Novotel at Schiphol Airport Amsterdam on Tuesday April 25, 2017
The Subcommittee on Transportation, Housing and Urban Development, and Related Agencies of the Senate Committee on Appropriations will hold a hearing on 5 April to examine protecting midshipmen, focusing on preventing sexual assault and sexual harassment at the U.S. Merchant Marine Academy.