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Metal Trades

Aker Philadelphia Shipyard's CBA Ratified

Aker Philadelphia Shipyard

  Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, announced today that a new four year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC). The PMTC is the exclusive bargaining representative for production and maintenance employees at APSI and consists of ten unions.   Mike Giantomaso, Aker Philadelphia Shipyard Vice President of Human Resources remarked, "We are pleased to have successfully ratified this agreement and are very proud to continue our partnership with the PMTC. This contract supports our company's vision of being the leading U.S. commercial shipyard and underscores our objective of being a preferred employer in our communities."   President of the Philadelphia Metal Trades Union, Lou Agre, commented "This contract ratification is another example of successful collaboration between union and management, and a clear example of how cooperation keeps organizations moving forward."  


U.S. Navy Contract for DH Barges

barge.jpg

Metal Trades, Inc. was contracted by Maybank Industries. LLC to build two new types of double hull barges for the U.S. Navy.  Three “YON” fuel barges and one Ship Waste Offloading Barge (SWOB) will be built, each type with identical 6,900 barrel capacity cargo and double hull configurations.  The ABS classed barges are being designed by Bristol Harbor Group of Bristol, RI to be 180 feet long and 44 feet wide


AFL-CIO Metal Trades Dept. Seeks Ruling for Jones Act

The AFL-CIO Metal Trades Department (MTD), representing workers at Aker Shipyard in Philadelphia, has urged the U.S. Coast Guard to investigate the yard's "partnership" with South Korea's Hyundai Mipo Dockyard to determine whether ships Aker is building, specifically a series of ten Veteran Class MT-46 Product Tankers, comply with the requirements of the Jones Act. The Department has also held discussions with key members of Congress to start inquiries on the Hill.


Citi Has $280m Tied into China Ports at Center of Metals Probe

Citigroup Inc has about $280 million in loans tied to commodities in two Chinese ports which are at the center of a probe into possible fraud, a senior executive said on Friday, becoming the first U.S. bank to disclose its potential exposure. The total is a large portion of the bank's roughly $400 million worth of so-called repo commodity financing deals in China. Short for repurchasing agreements, repo deals give customers access to short-term credit in exchange for goods.


U.S. Labor Seeks Ban on Some Foreign Ship Parts

The Metal Trades Department of the AFL-CIO has sued the U.S. Coast Guard over allowing domestic shipyards to use preassembled foreign ship parts and engines, Ron Ault, president of the MTD, said on Tuesday. Preassembled ship parts require little or no assembly at U.S. shipyards, and cut the need for U.S. labor at these yards, he told Reuters in an interview. MTD, a trade department of the American federation of labor unions, coordinates negotiating


China Port Metal Scandal Hits CITIC Shares

 CITIC Resources Holdings Ltd said on Tuesday that metal it owns at Qingdao port may be affected by a probe into suspected fraud, the latest firm caught up in a scandal that has raised broader worries about the risks of metal financing in China. The probe at the Chinese port, where a third-party firm is suspected of using single cargoes of metal multiple times to obtain financing, has also shaken markets amid fears the problems could extend to other ports and force a crackdown on using


Chinese Port Probe May Spread to Iron Ore, Soybeans

The Chinese probe into financing of copper and aluminium may spread to other commodities such as iron ore and soybeans, an executive of a commodity hedge fund said on Wednesday. Banks and trading houses have been making urgent checks on the security of metal holdings in China, sparked by a suspected fraud at Qingdao Port, the world's seventh biggest. Police are investigating the duplication of warehouse receipts by a third-party firm on metal cargos used to obtain financing.


Metal Action Machining Ltd. Certified to AS9100

Metal Action Machining Ltd. (the CNC Division of Analytic Systems) has announced that they have been certified to the International Standards Organization (Certificate number AS-1197), Aerospace AS9100 Quality Management System. On the heels of being certified to ISO9001-2008 one year ago, Metal Action decided to upgrade to the Aerospace Certification.  This will allow Metal Action to obtain new aerospace contracts for the likes of AVCORP, ASCO, Boeing, Bombardier, etc


Jet Edge Awarded U.S. Patent

Michael Wheeler with Patent

Metal-on-Metal Waterjet Seal Eliminates Conventional Plastic Seals, Cuts Number of Consumable Seals in Half Jet Edge, Inc. has announced  that the United States Patent and Trademark Office has issued the waterjet manufacturer a patent for a high pressure fluid sealing mechanism designed by Jet Edge R&D Engineer Michael Wheeler.   Jet Edge’s proprietary high pressure fluid sealing mechanism (U.S


Fab Metal Shop Waterjet Cutting Services

Jet Edge, Inc., announced that Fab Metal Shop of Long Beach, Cal., is offering waterjet cutting services on a state-of-the-art Jet Edge High Rail Gantry waterjet cutting system. Fab Metal Shop can cut virtually any material with its Jet Edge waterjet machine, including metals, stone, resin, woods and plastics. The company’s Jet Edge High Rail Gantry waterjet system features a 6’X12’ work envelope. Fab Metal Shop equipped its waterjet system with a Jet Edge Permalign II


China Iron Ore Output at 20-month High

© lnzyx / Adobe Stock

China's iron ore output jumped in June to its highest level since October 2015, data showed on Wednesday, the strongest sign yet that soaring prices have spurred miners in the world's top consumer of the steelmaking raw material to boost production.  


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


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.  


MTI Launches Its First Push Boat

Capt Cooper (Photo: MTI)

Metal Trades, Inc. (MTI) has launched a newly built shallow-draft push boat for Bald Head Island Limited, LLC. (BHI). The new vessel, Capt Cooper, was christened during a June 27 ceremony at the builder’s Yonges Island, S.C. facility.  


Maersk Bullish on India

Photo: A.P. Moller – Maersk

 Domestic reforms have slowed down India’s trade momentarily, thereby weakening domestic demand. However, A.P. Moller – Maersk expects Indian EXIM trade to pick up pace in the next quarter.   “This dip in import growth was due to piling up of inventory in the market


Metal Shark Wins $54 Mln US Navy Contract

Image: Metal Shark

Louisiana-based shipbuilder Metal Shark said it has been awarded a contract worth up to $54 million from the U.S. Navy to build Near Coastal Patrol Vessels (NCPVs) for U.S. partner nations through the Department of Defense Foreign Military Sales (FMS) program.  


New Selektope Powered Antifouling Launched

I-Tech Managing Director Philip Chaabane (Photo: I-Tech AB)

A brand-new antifouling product containing the bio-repellent ingredient Selektope has been launched onto the global market. The increasing diversification in the range of Selektope-containing products available to ship owners suitable for different vessel requirements demonstrates the unrivalled


US Built Refrigerated Liquefied Gas Carrier Launched

Photo: Vigor

New ATB tank barge will transport up to 22,000 tons of American-made anhydrous ammonia (NH3), a key ingredient in fertilizer   U.S. shipbuilder Vigor has launched The Harvest, the first complex liquefied ammonia transport barge built in the U.S. for Jones Act trade since 1982


CEFC Bags Bunker Licence for Zhoushan Free Trade Zone, China

Image: CEFC China Energy Company Limited

 CEFC China Energy was awarded a licence by Zhoushan Free Trade Zone for supply  marine bunker fuel off the east coast of China to vessels on international voyages, reports Reuters.   The report quoted two CEFC officials saying that the license is to supply bunker fuel from bonded


Brazil Criticized for Dumping Toxic Ships in South Asia

Photo: NGO Shipbreaking Platform

 NGOs and trade unions in Brazil have criticized the state-run Petrobras’ end-of-life fleet management by dumping toxic ships on South Asian beaches.   The Brazilian Confederação Nacional dos Trabalhadores em Transportes Aquaviários e Aéreos


The Right Boat, Right Away

(Photo: Metal Shark)

Metal Shark’s stock boats program shakes up the patrol boat game; here and across the big pond.   If the news that Louisiana-based boatbuilder Metal Shark is ramping up production to build an inventory of stock vessels, with the goal of reducing lead times and enhancing service sounds


UN Agencies Commit to Cutting Harmful Fishing Subsidies

Fishermen offloading tunas at the industrial fish port of Abidjan, Côte d’Ivoire. Photo: FAO/Sia Kambou, UN News Centre

 As the international community focuses this week on preserving the health of global oceans and seas, the United Nations agencies on agriculture, environment and trade are committing to the sustainable trade of fisheries.   The agencies – the UN Food and Agricultural Organization


Maersk Unable to Ship Qatar Bound Cargo from UAE

Maersk can no longer transport goods in or out of Qatar after Arab countries imposed restrictions on trade with the tiny Gulf state and the company is looking at alternative shipping routes.   Shipping lines normally transship cargoes from the United Arab Emirates port of Jebel Ali to Qatar


Egypt Imposes Tariffs on Chinese, Turkish and Ukrainian Steel

Egypt has imposed temporary import tariffs on steel from China, Turkey and Ukraine, the trade ministry said in a statement on Tuesday. The tariff will be set at 17 percent for Chinese steel, 10-19 percent for Turkish steel, and 15-27 percent for Ukrainian steel, it said.


BMT Secures New Orleans Passenger Ferry Contract

Photo courtesy of BMT

BMT Group subsidiary BMT Nigel Gee has secured a new contract with sister company BMT Designers & Planners and Louisiana based shipyard Metal Shark for two 32m high speed/low wake wash, 149-passenger aluminum catamaran ferries for the New Orleans Regional Transit Authority (RTA). 






 
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