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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.


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


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.


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


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


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.


PPG Debuts New Coatings for Steel, Metal Applications

A tugboat underway with PPG PSX coatings. CREDIT: PPG

PPG has introduced PSX 800 and PSX 805 coatings for steel and metal surfaces, two next-generation products formulated with greater flexibility and hiding performance than competing polysiloxane coatings.   According to PPG, the two new products feature improved flexibility


Metal Shark Delivers First Two NYC Ferries

Photo: Metal Shark

 The first two passenger vessels built by Louisiana-based shipbuilder Metal Shark for New York's new NYC Ferry have been completed and are now making their way to New York.    Late last week at Metal Shark's Franklin, Louisiana shipyard, the Incat Crowther-designed, 149-passenger


Australian Naval Apprentices Excel

NUSHIP Hobart conducts sea trials in the Gulf St Vincent off the coast of Adelaide South Australia. Photo: Royal Australian Navy

 Royal Australian Navy apprentices have been working directly with industry in Adelaide, building on their initial trade training, and at the same time becoming part the next phase of naval warfare from the ground up.   The Air Warfare Destroyer Alliance shipyard has provided a hand-on


Korea Gas Corp Launches Tender for June, July LNG Cargoes

Korea Gas Corp has launched a tender seeking to buy liquefied natural gas (LNG) cargoes for delivery in June and July, trade sources said on Thursday. The scope of the company's demand is unclear as each supplier has a limit on the number of cargoes it is allowed to offer


DFDS Sees Little Effect from Brexit So Far

Photo: DFDS Seaways

Ferry and logistics operator DFDS has many activities and 2,200 employees in the U.K., placing it at the heart of the ongoing “Brexit” process following the U.K.’s vote to leave the EU and making the firm an early indicator of changes in trade and passenger movements.  


Metal Shark Puts First Two Citywide Ferries on the Water

(Photo: Tony Broussard – Berard Transportation)

Louisiana-based shipbuilder Metal Shark said it has put the first two passenger vessels for New York's new Citywide Ferry Service on the water, having splashed the new builds at its Franklin, La. shipyard late last week.   At 7:30 a.m


Getting The Measure Of Intra-Asian Containership Trends

Graph: Clarksons Research

 Container trade on intra-Asian routes accounts for a significant proportion of global seaborne container trade, and in 2016, growth in intra-Asian box trade accelerated notably, helping to generate a healthier demand environment in the boxship sector, says a report in Clarksons Research.


Whither China's Seaborne Trade ?

 Graph: Clarksons Research

 Clarksons Research discusses about the emerging trends in China which is at the heart of the world’s seaborne trade.   In 2015 the Chinese economy saw both a slowdown in growth and a significant degree of turbulence. GDP growth slowed from 7.3% in 2014 to 6.9%


Skilled Workers Needed to Build Trump's Navy Vision

File Image: AdobeStock CREDIT Bogdan Vasilescu

U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan.  


Cycles in Seaborne Trade

Graph: Clarksons Research

 In the last few decades, the shipping industry has generally been able to rely on seaborne trade as a fairly steady performer, says a report from Clarksons Research.  However, the slowdown in volume growth since the financial crisis has focussed the industry’s thoughts on


Schottel Propels Rotortugs for FMG

Artist impression ART 85-32W. Image: Damen Shipyard

Six Robert Allan-designed Advanced Rotortugs ART 85-32W for Perth-based Fortescue Metals Group (FMG) will be driven by Schottel Rudderpropellers. The order is about the delivery of 18 SRP 430 FP (1765 kW each). The vessels will be built by Damen Song Cam Shipyard in Vietnam. 


India's Box Trade to Grow Double Digits: Maersk

Photo: Maersk Line

Maersk Line said that the growth of EXIM container trade of India in the current year is likely to be in two digits.   The export-import container trade volume of India grew by 10% for the full year 2016, which was double of 2015, that too amid weak global trade.  


Hobart Brothers Company Celebrates 100th Anniversary

Photo: Hobart

The milestone reflects a history rich in product innovation and determination that has driven the company’s success since it was incorporated by founder C.C. Hobart, his wife and three sons on March 24, 1917. “From the beginning


Horizon Delivers Second NYC Ferry Newbuild

Photo: H200 (Photo: Horizon)

Alabama shipbuilder Horizon Shipbuilding, Inc. said it has delivered the second of 13 NYC Ferry vessels being built for NYC Ferry Operated by Hornblower, which will launch this summer.   With sea trials and U.S. Coast Guard certification now behind her


Maersk Gains Approval for Hamburg Sud Takeover

Photo: Hamburg Sud

World No. 1 shipping company Maersk Line gained EU antitrust approval on Monday for its acquisition of Hamburg Sud (HSDG) after agreeing to pull the German company out from five consortia on trade routes to address competition concerns. The bid by Maersk, part of Denmark's A.P






 
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