Andrie Inc. Implements FuelTrax
Nautical Control Solutions announced that Andrie Inc. of Muskegon, Michigan is implementing their FuelTrax marine fuel management system on M/V Karen Andrie, a 120 ft tug. “We are always looking for tools and practices that improve efficiency,” said Stan Andrie, President, Andrie Inc. “However, it can be a challenge measuring improvement on a day-to-day basis when our focus is on running the business. FuelTrax will provide us a way to establish an operational baseline and then identify areas where improvements can be made. It will automatically capture data such as throttle and engine RPM settings, fuel burn rates, and vessel location and present the data in reports so we can create a baseline.
ACL Secures $15m Tank BargeContract
American Commercial Lines Inc. has secured a more than $15m contract with Andrie Inc. to build an ABS classed 50,000 barrel, double-skinned tank barge. Construction will start in 2007 for scheduled delivery in 2009. The contract also includes an option for a comparable barge which can be exercised by March 1, 2009, with delivery to occur within 18 months.
Jeffboat Building JAK-Fitted Barge
Amidst the crowd of river barges at Jeffboat, an ACL subsidiary, a new 50,000-barrel asphalt barge for Andrie Inc. stands out. This vessel is 360 by 60 with a 24-ft. molded depth. The barge’s cargo system includes a Fulton Thermal FT-1400-C with a 12m BTU per hour capacity that incorporates 32,500 ft. of 2.5-in. pipe and an insulated deck to keep the cargo at the proper temperature for delivery even while underway. The two 2,500 gpm cargo pumps are powered by a pair of Cummins QSM11-M engines each rated for 355 hp (continuous duty). An additional Cummins QSM11-DM powers a 250 kW electric generator. A 27-ft. deep notch fitted with JAK (articulation socket plates characterizes the stern of the barge. To push the barge the company’s 120-ft.
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.”
Eastern Delivers Towboat Newbuild
Eastern Shipbuilding Group, Inc. is pleased to announce the delivery of the M/V Capt. Troy J. Hotard (Hull 186) to Florida Marine Transporters, Inc. of Mandeville, La. On Tuesday, February 4, 2014 the 56th Inland Towboat constructed by Eastern Shipbuilding was delivered to Florida Marine. Eastern Shipbuilding Group, Inc. announced on January 23, 2013, that Florida Marine Transporters, Inc. had exercised more options for up to five additional 90’x32’x10’ Inland Towboats. In December of 2012, the M/V Blake Boyd, the 55th Towboat built by Eastern, was delivered to Florida Marine.
USN Awards 391 Contractors
The U.S. Navy is awarding indefinite-delivery/indefinite-quantity multiple award contracts to 391 contractors that will provide for their competition for service requirements solicited by Naval Sea Systems Command, Naval Air Systems Command, Space and Naval Warfare Systems Command, Naval Supply Systems Command, Military Sealift Command, Naval Facilities Engineering Command, Strategic Systems Programs, and the United States Marine Corps. The 22 functional service areas within the scope of the contracts include 1. Research and Development Support. 2. Engineering System Engineering and Process Engineering Support. 3. Modeling, Simulation, Stimulation, and Analysis Support. 4. Prototyping, Pre-Production, Model-Making, and Fabrication Support.
Pankaj Khanna Appointed As CEO of Ocean Rig
Pankaj Khanna has been appointed as President and Chief Executive Officer of Ocean Rig UDW, a global provider of offshore deepwater drilling services, effective January 1, 2018. Khanna is 47 years old with 29 years of varied experience in the maritime & offshore industry. He last served as Chief Executive Officer of Pioneer Marine Inc, a drybulk company that he founded in 2013. Prior to his position at Pioneer Marine Inc Khanna served as Chief Marketing Officer at Ocean Rig UDW Inc. from January 1, 2012 to October 2, 2012. Mr. Khanna served as the Chief Operating Officer of DryShips, Inc.
Long Joins SEACOR Holdings as Executive VP
SEACOR Holdings Inc. has appointed William “Bill” C. Long as the company's Executive Vice President, Chief Legal Officer and Corporate Secretary, effective immediately. He will report directly to Charles Fabrikant, SEACOR's Executive Chairman and Chief Executive Officer. Long brings to SEACOR more than 20 years of business and legal experience with publicly-traded companies. Prior to joining SEACOR Holdings, Long served as Senior Vice President, General Counsel and Secretary of GulfMark Offshore, Inc., and previously spent more than 17 years with Diamond Offshore Drilling, Inc., where he was Senior Vice President, General Counsel and Secretary.
Four Japanese Companies Join Modec in Sepia FPSO Deal
Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil. "MODEC, Mitsui, Mitsui O.S.K. Lines, Marubeni Corporation and Mitsui Engineering & Shipbuilding Co have agreed to jointly invest in a long-term charter business currently promoted by MODEC, for providing a FPSO in the Sepia Area, off the coast of Brazil," said a press release. These companies have entered into related agreements for the FPSO project on January 9, 2018.
Hvide Marine Incorporated (HMI) and subsidiary Sun State Marine Services, Inc., recently christened the first in a series of new cargo ships at its U.S. shipyard facility in Green Cove Springs, Florida. Constructed entirely on-site by Sun State Marine Services, Inc., the 190-foot 'landing craft' type freight vessel is specially designed and ideally suited for conducting trade with Bahamian and Caribbean markets that have minimal or unimproved facilities. "The landing craft has a reinforced hull that allows use of unimproved landing sites such as beaches or boat ramps by actually grounding the forward part of the vessel," noted Robert J. Coppedge, vice president of Sun State Marine Services, Inc.
TOTE, Inc.: The New look of American Shipping Group
On January 1, 2012 American Shipping Group underwent a dramatic transformation. The company, formerly known as ASG, became TOTE, Inc., and experienced a makeover in logo, look and structure. Seeing opportunity for market growth, TOTE, Inc. organized its five independently managed businesses in to three groups: Maritime, Logistics and Ship Management. For now, each company will retain their name, logo and independent branding. The strengths of the individual companies will be enhanced by marketing and sales efforts for the overall portfolio by all TOTE, Inc, affiliated companies.
New Platform for Managing Liquid Terminal Product Movements
Oceaneering International, Inc. announced that its TerminalSmart platform can now be used to manage all liquid terminal product movements across the entire facility from the dock to tanks and pipelines. Proven at the dock where it has been used by major oil and gas companies and liquid storage terminals to significantly improve efficiency during a period of unprecedented growth in vessel transportation traffic, the platform now serves as the hub for all terminal logistics, from facilitating key performance indicators (KPIs) to warning users about scheduling conflicts.
Bulkers to Benefit as China Iron Ore Appetite Grows
It has been quite awhile since the global bulk carrier market has had much to cheer about, but U.S. dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia. To combat severe winter smog, China has slashed iron ore output, pushing steel mills in the world's second biggest economy to import more high-grade ore. China also wants to make pollution control a priority for the next three years.
Prime Resource and Broadband Maritime Sign Agreement and Plan of Merger
Prime Resource, Inc. and Broadband Maritime Inc., a privately held Delaware corporation offering turn key, always-on Internet access to commercial shipping fleets, today announced the signing of a second amendment to the merger agreement previously entered into by the companies on January 15, 2007 and amended on February 13, 2007. On March 16, 2007, Prime Resource, Inc. entered into a Second Amendment to the Agreement and Plan of Merger with Prime Acquisition, Inc., a wholly owned subsidiary of Prime and Broadband Maritime Inc. The Amendment amends the Agreement and Plan of Merger, dated as of January 15, 2007 among Prime, Merger Sub and Broadband Maritime…
PPL Shipyard Completes Acquisition of Sabine Industries
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce that its subsidiary PPL Shipyard has completed the acquisition of a 100 per cent equity interest in Sabine Industries, Inc. (SII) and its subsidiaries Sabine Offshore Services, Inc (SOSI) and Sabine Shipyards, Inc (SSI) and a 25 per cent equity interest in Sabine Vessels, Inc (SVI) for a total consideration of US$6.4 million. PPL Shipyard’s net consideration for the 100 per cent equity interest in Sabine Industries, Inc is based on the valuation of the net tangible assets of SII and its subsidiaries SOSI, SSI and associated company SVI. The acquisition will be funded from PPL Shipyard’s own internal resources.
OSG to Withdraw Pacific Stock Exchange Listing
Overseas Shipholding Group, Inc. announced plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Stock Exchange. OSG's common stock will continue to be listed on the New York Stock Exchange. OSG has decided to withdraw its listing from NYSE Arca, Inc. because following the NYSE Group, Inc.'s recent merger with Archipelago Holdings, the parent company of NYSE Arca, Inc., each of OSG, NYSE Arca, Inc. and the NYSE have concluded that dual listing offers no benefit with respect to trading quality and service, and NYSE Arca, Inc. has substantially increased its annual listing fee effective as of January 1, 2007. The withdrawal is expected to be effective prior to the end of the year. NYSE Arca, Inc.
Matson Increases Neighbor Island Barge Capacity
Matson, Inc. said its subsidiary Matson Navigation Company, Inc. has replaced one of its three barges dedicated to serving Hawaii's neighbor island ports with a newer, larger barge that will improve service levels. The container barge Columbia, to be renamed Mauna Loa in honor of the barge it replaces, is now Matson's largest barge. At 360 feet long, with a beam (width) of 100 feet and cargo carrying capacity of 12,600 tons or 500 TEU, it is 12 feet longer and 40 feet wider than the barge it replaces, with the capacity to carry 180 more TEU or nearly 8,000 tons more cargo. Built in 2012 by Gunderson Marine and classified as a Deck Cargo Barge with approximately 33,000 square feet of deck cargo space, the vessel's design enables swifter and more fuel efficient transits.
FMC Activity re: NVOCCs
The Federal Maritime Commission (FMC) issued a number of documents relating to efforts by non-vessel-operating common carriers (NVOCCs) to enter into confidential service contracts. C. H. Robinson Worldwide, Inc. filed a petition, as did Bax Global Inc. and Ocean World Lines, Inc. Extensions of time were granted with regard to the petitions of the National Customs Brokers and Forwarders Association of America, Inc. and United Parcel Service, Inc. Source: HK Law
Port of LA Sets New Record with 2017 Container Throughput
The Port of Los Angeles moved more cargo in 2017 than in any time in the Port’s 110-year history, racking up 9,343,192 Twenty-Foot Equivalent Units (TEUs), a 5.5 percent increase over 2016’s record-breaking year. It’s the most cargo moved annually by a Western Hemisphere port. “We are powering Los Angeles’ economy to new heights every year, because we know that lasting prosperity means investing boldly in jobs, opportunity, and growth,” said Los Angeles Mayor Eric Garcetti. “The…
Oceans '13 MTS/IEEE San Diego Preview
Heeding the call to join “An Ocean in Common,” authors flooded the Oceans ‘13 MTS/IEEE San Diego technical program committee with a record number of abstracts in a single day. Special topics include an Ultra-deep track discussing current and prospective robotic technologies, plus a panel of scientists to consider research questions. Oceans2013 Chair Bob Wernli, and Co-Chair Kevin Hardy, developer of the unmanned landers for James Cameron’s DeepSea Challenge Expedition, will be the session conveners. “James’ intention is to be certain the door remains open to other explorers,” Hardy said.
OSMA Elects New Officers
The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc.; Hank Danos, president and CEO of Danos & Curole Marine Contractors, Inc.; Marilyn Muchowich Stanley, president of Offshore Oil Service, Inc., Janson Graham, president of C&G Boat Works, Inc., and Robert M. Thompson, Sr., CEO of the Cross Group Ltd.
USMR Files Registration Statement For Initial Public Offering
United States Marine Repair, Inc. (USMR) announced that it filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock. The shares will be offered by an underwriting group led by Lehman Brothers Inc., Credit Suisse First Boston Corporation, Bear, Stearns & Co. Inc. and Credit Lyonnais Securities (USA) Inc.
Fugro Gulf Selects SafeNet
Fugro Gulf Inc., has contracted with ABS Nautical Systems for seven modules from their suite of advanced SafeNet fleet management system software. Fugro Gulf's contracted ship management company, New Offshore Inc., Morgan City, La., will use the modules and manage vessel operational activities on behalf of Fugro Gulf Inc. Fugro Gulf Inc. has contracted for the Maintenance & Repair, Purchasing & Inventory Control, Replication Manager & Financial Reporting, ISM/STCW Compliance and Document Management modules of ABS NS SafeNet. They will also use the Vessel Drawings module.