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Jo-Kell Ranked Among Fastest Growing Companies

Jo-Kell Inc., an electrical distribution and engineering company, has earned a position on the 2010 Inc. 5000 annual ranking of the fastest-growing private companies in America. As an Inc. 5000 honoree, Jo-Kell shares a prestigious pedigree with such notable alumni as Inuit, Zappos, Under Armour, Microsoft, Visa and scores of other powerhouses. “We are honored to be named by Inc. Magazine as one of the nation’s top entrepreneurial companies,” said Suzy Kelly, CEO of Jo-Kell Inc. “I would like to thank Inc. Magazine for selecting Jo-Kell to be on this esteemed list, and mostly, I thank all of our Jo-Kell teammates and customers who are the key to our success.”


MAN Turbocharger Judged an Entire Success

Jo Sequoia: Photo credit MAN

The very first MAN Diesel & Turbo TCA77 turbocharger installed aboard ‘Jo Sequoia’ nears 50,000 hours trouble-free operation. The chemical tanker 'Jo Seuoia' is powered by a MAN B&W 7S50MC-C two-stroke engine, having been built about ten years ago for Bergen-based Jo Tankers. During its construction, and with Jo Tankers already having chosen an MAN B&W 7S50MC-C engine as prime mover, MAN Diesel & Turbo approached Jo Tankers in regard to installing its


Kelly, Jo-Kell CEO Receives Award

Suzy+Kelly+receiving+award_web.jpg

Suzy Kelly, CEO of Jo-Kell Inc., received Inside Business’s 2008 Women in Business Achievement Award. The award was presented at a luncheon on December 15th at the Norfolk Waterside Marriott. Jo-Kell is an electrical distributor and solutions provider servicing the military, commercial marine, and industrial marketplace. Kelly is involved locally in Lead Hampton Roads and the Chamber of Commerce. On a National level


Stolt-Nielsen Acquires Jo Tankers

Courtesy Jo Tankers

Stolt-Nielsen Limited announced today that it has completed its previously announced acquisition of the chemical tanker operations of Jo Tankers, consisting of 13 chemical tankers and a 50% share in a joint venture with eight chemical tanker newbuildings, representing an enterprise value of $575.0 million.


Wittman to Co-Chair Congressional Shipbuilding Caucus

Rob Whittman was announced as the new Co-chair of the Congressional Shipbuilding Caucus. The announcement came from Congressman Gene Taylor, another Co-Chair for the Congressional Shipbuilding Caucus. Congressman Wittman was elected on December 11, 2007 during a special election to fill the seat left vacant by the late Jo Ann Davis. The Congressional Shipbuilding Caucus was founded by Congressman Taylor and Congressman Davis in January 2005


Stolt-Nielsen Says Dow Lawsuit Without Merit

Commenting on a lawsuit filed recently by Dow Chemical Co. against four chemical carriers including Stolt-Nielsen S.A., SNSA said that the company believes the Dow Chemical claims are without merit and that it will vigorously defend itself against those claims. The company added that the relationships between its chemical shipping unit - Stolt-Nielsen Transportation Group B.V. - and its customers are governed by contracts that contain


Ship Sales

Tanker Sentinel - (built 1986) 106,722 dwt sold for $14.4 million. Tanker Bow Explorer - (built 1975) 31,501 dwt sold to Vulcanus for $4 million. Tanker Jo Breid - (built 1981) 26,300 dwt sold to Norwegian buyers for $7.5 million. Bulker Red Rose - (built 1978) 75,720 dwt sold for $2.35 million. Bulker Lionsgate Bulker - (built 1996) sold to London based Greek buyers for $18.25 million. Bulker Litrotis - (built 1981) 64,120 dwt sold at auction in Singapore for $3.5 million.


Fishing Vessel Hits Jetty, Crew Saved

A U.S. Coast Guardreported that its boatcrew from Station Chetco River, in Brookings, Ore., rescued four people after a 62-foot fishing vessel allided with the Chetco River South Jetty, Monday evening. The crew of the fishing vessel Jo Marie contacted the Coast Guard via VHF-FM radio at 8:16 p.m. Crewmembers from Station Chetco River launched aboard a 47-foot Motor Lifeboat and watchstanders at Coast Guard Sector North Bend, Ore


Durbin: Demolition of Rock Pinnacles Could Begin Next Week

File: Inland pushboat and barges.

At the request of Midwest Senators, Army Corps fast tracked process to keep water and goods moving on the Mississippi River. U.S. Senator Dick Durbin (D-IL)  praised the news that a contract has been awarded for the demolition of rock pinnacles in the Mississippi River and the work could begin as early as next week.  In a November 29 meeting with Durbin and five other Midwest Senators, Assistant Secretary of the Army for Civil Works, Jo-Ellen Darcy


Shearer Group Continues to Expand

Top, from left: Joshua Sebastian, P.E., Engineer Manager; Michael Capitain, Naval Architect, and Ronald Sikora, Designer. Bottom, from left: Jacqueline Ellis, Designer, and Jo Ann Pitzer, Administrative Assistant

The Shearer Group, Inc. (TSGI) announced the continued expansion of its naval architecture and marine engineer practice near Houston. Over the past year the company has made five new additions: Joshua Sebastian, P.E., Engineer Manager; Michael Capitain, Naval Architect; Ronald P. Sikora, Designer; Jacqueline Ellis, Designer; and Jo Ann Pitzer, Administrative Assistant. Joshua Sebastian graduated in 1999 from the U.S. Coast Guard Academy with a degree in Naval Architecture/Marine Engineering


Scorpio Tankers Updates on Fleet Status

Photo: Scorpio Tankers Inc

Scorpio Tankers sold and leased back, on a bareboat basis, three 2013 built MR product tankers, STI Beryl, STI Le Rocher and STI Larvotto to Bank of Communications Financial Leasing in April 2017.   The sales price was $29 million per vessel and the company bareboat chartered-in the vessels


How to Legally Remove a Hazardous Wreck

Photo:  International Maritime Organization (IMO)

 What is the legal basis for removing a hazardous wreck at sea? Who bears the liability? These and many other wreck removal questions were addressed by IMO’s Jan de Boer at the ACI’s Maritime Salvage & Casualty Response conference in London (13-14 September).  


India, Ukraine to Partner in Shipbuilding

Image: Ministry of Shipping, India

 A Ukrainian delegation led by its Deputy Minister of Economic Development and Trade Ms. Nataliya Mykolska, met Secretary, Ministry of Shipping Shri Ravikant in New Delhi  to discuss the potential for developing sustainable partnership between the two countries in the area of shipbuilding


APPLY: Top 50 Marine Equipment Distributors

COVER PG MR.jpg

The November 2017 edition of Maritime Reporter & Engineering News – with bonus distribution at the International Workboat Show in New Orleans – will feature a Regional Directory and editorial insights on the “Top 50 Marine Equipment Distributors.”  


Scorpio Closes Merger with Navig8

Photo: Scorpio Tankers Inc.

 Scorpio Tankers Inc.  announced that it has closed the previously announced merger with Navig8 Product Tankers Inc. (NPTI).    As consideration, Scorpio has issued 55 million shares of its common stock to the holders of NPTI’s common shares or 19


Wärtsilä Re-liquefaction Plants Ordered for Newbuild LNG Carriers

Photo: Wärtsilä

Wärtsilä said it has been awarded contracts to supply its re-liquefaction plants to three new LNG carriers currently under construction. One ship is being built at the Samsung Heavy Industries (SHI) yard in South Korea for the international owner and operator Gaslog


Shareholders Approve Scorpio- Navig8 Merger

Photo: Scorpio Tankers

 Scorpio Tankers said shareholders of Navig8 Product Tankers Inc. (NPTI) approved the previously announced merger of Scorpio and NPTI at shareholders meeting held Tuesday.    At the meeting, approximately 94.25 percent of the NPTI shares outstanding were voted


Petroleum Geo-Services Appoints Rune Olav Pedersen as President & CEO

PGS Oslo Office. Photo: Petroleum Geo-Services ASA

 The Board of Directors of Petroleum Geo-Services ASA (PGS) has appointed Rune Olav Pedersen (47) as the new President & CEO of the Company. He will succeed Jon Erik Reinhardsen on 1 September 2017.   "The Board has run a thorough succession process since early spring


Capital Product Bags 3 MR Charters

Photo: Capital Product Partners L.P.

 Capital Product Partners, an international diversified shipping company, announced that it has secured new time charter employment for three Medium Range (MR) Product Tankers.   The M/T 'Amadeus' (50,108 dwt, IMO II/III Eco Chemical/Product Tanker built 2015


OOCL Germany Delivered

From L to R: Mr. D Y Park, President & Chief Executive Officer of Samsung Heavy Industries; Mrs. Akiyo Moue, Sponsor; Mr. Nozomi Moue, Managing Executive Officer of Shinsei Bank and Guest of Honor; Mr. Andy Tung, Chief Executive Officer of OOCL. Photo: OOCL

 OOCL celebrated the christening of Hull H2173, a 21,413 TEU newbuilding constructed at the Samsung Heavy Industries shipyard on Geoje Island.     Named as OOCL Germany, this mega containership is the second of the six 21 thousand TEU class vessels on order at the shipyard and


Deschenes Joins Bouchard as VP

Christopher Deschenes has joined Bouchard Transportation Co., Inc. as Vice President of Maintenance and Repairs. (Photo: Bouchard Transportation Co., Inc.)

Bouchard Transportation Co., Inc. said that Christopher Deschenes has joined the company as Vice President of Maintenance and Repairs.   Prior to joining Bouchard, Mr. Deschenes served as a Project Engineer with Overseas Shipholding Group, Inc


NORDEN Expands Tanker Fleet

Photo: NORDEN

 NORDEN is in the process of increasing its tanker exposure. The purpose is to take advantage of the business opportunities provided by the fluctuations of the cyclical market, said a communicaion from the company.   ”During the strong tanker markets throughout 2015 and the first


Colac Remembered

Imagery Scanned from Navy Historic Archive. Photo:  Royal Australian Navy

 Despite being in the thick of action on many occasions, Bathurst class corvette HMAS Colac ended the Second World War with only two members of her ship’s company killed and two wounded, another amazing ship and crew being remembered 75 years on.  


TORM Updates Fleet Status

Photo: TORM

 Denmark-based shipping company TORM sold three vessels: TORM Anne (1999-built MR vessel), TORM Madison and TORM Trinity (both 2000-built Handysize vessels) during the first six months of 2017.   Furthermore, TORM completed sale and leaseback transactions for three vessels: TORM Helene


TORM Buys Two MR Tankers

(Image: TORM)

Danish ship owner TORM said it has signed an agreement to purchase two 50,000 dwt medium range (MR) tankers currently under construction at the Korean shipyard Hyundai Mipo. “TORM’s strong capital structure allows us to act when we see attractive opportunities to grow the fleet






 
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