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.
Metal Trades Delivers Construction Barge
Shipbuilder and Heavy Steel Fabricator Metal Trades, Inc., located on Yonges Island, SC has announced the launch of its largest ever built new construction barge. This barge is 370’ x 59’ x 14’. It is designed to hold a total of 18- 60 foot rail cars capable of carrying cargo for up to 2298 Long Tons for New York New Jersey Rail, LLC (NYNJR), a short line railroad and wholly-owned entity of the Port Authority of New York and New Jersey. Metal Trades, Inc. is contracted to build a total of two of these barges and the first of these barges is to be delivered next week.
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.
Intellian to Develop New US Navy Antennas
Intellian Technologies USA, Inc. said it has been awarded a contract to research, design and deliver antenna systems for the U.S. Navy. Under the terms of the contract the new antenna system will provide enhanced capabilities and will allow the Navy to retire an older generation system, Intellian said. The product will be certified to MIL-STD 167-A & 461-F.
Boston Carriers Completes Contract of MV Nikiforos
Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East. The contract contributed approximately 1,283,000 USD in the revenues of the Company. Nikiforos has transported approximately 183,000 tons of dry bulk cargo from the beginning of the year and until the date of completion of this voyage and has produced operating revenues of approximately 3,2 million usd compared to approximately 2,1 million usd for the year ended in December 31 2016. Boston Carriers Inc.
GulfMark Sails Out of Bankruptcy
GulfMark Offshore, Inc. said it has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11 of the U.S. Bankruptcy Code. The company’s court-approved reorganization plan went into effect November 14, 2017, and converts approximately $429.6 million of outstanding bonds into equity, and raises approximately $125 million of new equity capital. “GulfMark is now positioned as one of the best capitalized companies in the global offshore industry,” said Quintin Kneen, President and Chief Executive Officer.
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.
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.
Rose Joins Global Diving & Salvage
Eric Rose has joined Global Diving & Salvage, Inc. as Director of Business Development, responsible for the company’s long-term revenue generation, and the support of Global’s regions and service lines, including marine construction, commercial diving, environmental services and marine casualty response. He will oversee sales and business development, marketing, client engagement and corporate strategy for revenue generation. Rose spent many years with NC Machinery for Caterpillar, most recently as Washington Equipment Sales and Rental Manager. During his tenure, he was responsible for the overall P&L of the sales and rental departments in Washington state, managing inventory levels between $30 million to $50 million per year.
Scorpio Bulkers Acquires Four Vessels
Scorpio Bulkers, announced that it has entered into two separate agreements with unaffiliated third parties to acquire three Ultramax dry bulk vessels and one Kamsarmax dry bulk vessel. The deal was for an aggregate of $90 million, of which $77.1 million is payable in cash and the remaining consideration is in the form of approximately 1.592 million common shares of the Company to be issued to one of the sellers. All of the Ultramax vessels were built at Chengxi Shipyard Co Ltd in China, of which two were delivered in 2014 and one was delivered in 2015.
Port Worker Crushed to Death in Jakarta
According to an announcement from the International Transport Workers’ Federation, an Indonesian worker who was killed on the job at the International Container Terminal Services Inc (ICTSI) facility in Jakarta overnight. According to the ITWF report, Local unions say the 40-year-old man was fatally crushed at 22.10 local time when a refrigerated container was dropped onto his truck, crushing the cabin and killing the driver, the second workplace fatality at the Port of Jakarta in three weeks.
Wison, KBR Team up for FLNG Project
Wison Offshore & Marine said it has signed a memorandum with KBR, Inc. for cooperation on a 1.5 MPTA floating liquefied natural gas (LNG) liquefaction unit (FLNG) in Southeast Asia. The companies will collaborate on a mutually exclusive basis for Kumul Petroleum Holdings Limited's FLNG project in Papua New Guinea.
Ulstein Bags Polar Expedition Vessel Order
First polar newbuild ordered for the Lindblad Expeditions-National Geographic fleet. Expedition cruising and adventure travel company Lindblad Expeditions Holdings, Inc. has signed an agreement with Norwegian shipbuilder and ship designer Ulstein to build a new polar expedition ship for delivery in the first quarter of 2020, with an option for two additional ships to be delivered in subsequent years. The state-of-the-art vessel will be built in Ulsteinvik, Norway and has been designed with a focus on safety and comfort…
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…
New Coating Dispensing System
Sulzer Mixpac USA, Inc. has launched MIXPAC MixCoat Manual, a new member of its cartridge-based two-component dispensing system line. The lightweight MixCoat Manual protective coating dispensing system features a unique brush assembly on a manual dispenser, which increases stripe coating productivity and speed, the manufacturer said. The system is suited for repairs and rope work on offshore oil and gas, petrochemical, marine, and bridge repair applications. MixCoat Manual offers efficient…
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.
Diana Shipping Time Charter for Naias With Phaethon
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is US$10,000 per day, minus a 5% commission paid to third parties, for a period of about 15 months to maximum 18 months. The charter is expected to commence on November 24, 2017.
APM Terminals Liberia Aids Local Health Outreach
APM Terminals Liberia participated in a local medical outreach program organized by First Responders Liberia, Inc., as part of a 10-day program to provide access for an estimated 4,000 Liberians. APM Terminals Liberia is providing logistical support to the medical team of 30 professionals from the USA who are volunteering their services. APM Terminals Liberia Managing Director George Adjei said, “We want our neighbors to know that we feel it is our duty as responsible corporate citizens to take an active role in supporting the communities in the port area, and throughout the country.