Great Lakes Towing, Shipyard to Hire 100
The Great Lakes Towing Company and Great Lakes Shipyard have announced plans to hire 100 employees before the end of January 2018 to support continued growth driven by client demand. The company said it is seeking candidates to fill a wide range of positions, including shipyard welders, shipfitters and more. “At The Towing Company, we’re looking for great people to join our team,” said Joe Starck, the company’s president. Located in Cleveland, Ohio, The Towing Company is the owner and operator of the largest fleet of shipdocking tugboats on the U.S. Great Lakes-Saint Lawrence River Seaway.
No Iran Warships Escorting Yemen-bound Cargo Ship
Iran has so far refrained from deploying warships to accompany a cargo ship that Tehran says is carrying humanitarian aid to Yemen, despite its announced plans to do so, Pentagon spokesman Colonel Steve Warren told a news briefing on Thursday. Yemen said on Wednesday that if Iran does not allow a cargo ship bound for the Arabian Peninsula to be searched, then Tehran "bears complete responsibility for any incident that arises from their attempt to enter Yemeni waters." The United States has criticized Iran's announced plans to send the ship directly to Yemen and urged Tehran to redirect the ship to Djibouti, from where the United Nations is coordinating aid distribution. (Reporting by Phil Stewart; Editing by Will Dunham)
Palmali Moves, Invests in Tankers Construction
Palmali announced that the company plans to move its office from Malta to Istanbul in 2008. The Company also announced plans to invest $1.3b in the construction of oil tankers, which will be used to carry oil from Baku – Ceyhan pipeline from Turkey. [Source: http://www.seanews.ru]
PetroQuest Announces Plans to Sell $50M in Stock
Lafayette, La.-based energy firm PetroQuest announced it plans to sell $50m in Series B cumulative convertible preferred stock. The firm plans to use the proceeds for general business purposes and to repay outstanding debt under its bank credit facility.
Evergreen to Order 100 Boxships
According to a report from The Economic Times, Evergreen Marine announced plans to spend $5.5b to build 100 container ships before the anticipated recovery of the global economy in 2012. Reportedly the company plans to go for about 30 ships in the 8,000 TEU category, 40 ships in 5,500 TEU, 10 ships in 3,900 TEU, and 20 ships in 2,800 TEU. (Source: The Economic Times)
TOP Tankers Announces Release of 3Q Results and Conference Call
TOP Tankers Inc (Nasdaq: TOPT) announced plans to release its third quarter 2007 results on Thursday, November 8, 2007, before market opening. That same day, at 11:00 AM EST, management will host a conference call, which will be broadcast live over the Internet.
Plan for Port of Philadelphia to be Unveiled
The Maritime Stakeholders Group from the Port of Philadelphia will hold a news conference Wednesday March 21 at 11:30 a.m. to announce plans for a major development in Philadelphia to build a containership facility that could bring an additional 100,000 jobs back to the city. The group includes representatives of maritime employers (Ports of the Delaware River Marine Trade Association), labor (the International Longshoremen's Association) and a multitude of trade and business associations who have come together to work towards the success of this venture.
Zim to Buy Cargo Ships for $266.4m
The board of Zim Integrated Shipping Services Ltd. has approved the purchase of two container ships for $266.4 million and has option on a third, according Globe Online. The ships will be delivered in early 2010. Last June, the company announced plans to buy eight new container ships for $1 billion from South Korea’s Hyundai Shipyards. This purchase will increase Zim’s fleet by 30%. Source: Globe Online
Maersk Tankers Plans to Transport CO2
According to a March 14 report from the Financial Times, Maersk Tankers has become the first major operator to announce plans to enter the market to transport captured carbon dioxide. According to the report, around 750m tonnes of carbon dioxide are emitted from large power plants around the North Sea alone. (Source: Financial Times)
Friede Goldman In Deal To Buy Halter Marine
Friede Goldman In Deal To Buy Halter Marine In a deal that will create the U.S.’ most prolific offshore building company, Friede Goldman International Inc. announced plans earlier this week to buy ship builder Halter Marine Group Inc. The agreement is valued at about $220 million calls for each Halter share to be exchanged for 0.4614 share of Friede Goldman.
Leif Hoegh To Buy Remaining Stake in Unicool
Leif Hoegh & Co. ASA announced plans to buy the remaining 50 percent of reefer operator Unicool, in which it already holds a 49.8 percent stake. Final negotiations for the deal re expected to take place next week. The price of the deal is to remain confidential, officials said. Unicool is the world's biggest operator of refrigerated ships and has 68 vessels.
More Layoffs Possible at Bay Shipbuilding
According to an August 25 report from www.wbay.com, Bay Shipbuilding notified the Wisconsin Workforce Development Tuesday it may cut a total of 405 positions. The company laid off 133 employees in the last three months, and those could become more permanent than expected with the company announcing plans for 272 more jobs cut between October 30th and December 5th. (Source: www.wbay.com)
Shell Plans to Build Floating Gas Plant
According to an Oct. 9 report from The Wall Street Journal, Royal Dutch Shell PLC announced plans to deploy the world's first floating liquefied-natural-gas facility, off the coast of northwestern Australia, in a move that could have major repercussions for the global natural-gas industry. (Source: The Wall Street Journal)
PTC, Sener Partner to Offer Shipbuilding Solutions
PTC, The Product Development Company, and SENER announced plans to strengthen their alliance to deliver an integration between Sener's FORAN system and PTC's Windchill PLM software. The integration will enable Sener's shipbuilding customers to leverage Windchill's enterprise PLM capabilities while managing FORAN CAD data within the same PLM platform ideally suited for complex, distributed, and large-scale product development.
PTC & Sener Integrated Shipbuilding Solutions
PTC (Nasdaq:PMTC), The Product Development Company, and Sener announced plans to strengthen their alliance to deliver an integration between Sener’s FORAN system and PTC’s Windchill PLM software. The integration will enable Sener’s shipbuilding customers to leverage Windchill’s enterprise PLM capabilities while managing FORAN CAD data within the same PLM platform ideally suited for complex, distributed, and large-scale product development. FORAN is Sener’s integrated CAD/CAM/CAE technology solution for the complete design of commercial and naval ships and offshore units, including forms definition, naval architecture calculations, hull structure, machinery, outfitting, electrical and accommodation design and manufacturing. (www.sener.es) (www.ptc.com)
Fronius Plans for New U.S. HQ, Portage, Ind.
Fronius, a developer and manufacturers of battery charging systems, welding technology and solar electronics has announced plans to launch its U.S. headquarters in Portage, Ind. in the third quarter of 2012. Indiana Governor Mitchell E. Daniels and Portage Mayor Olga G. Velazquez joined Fronius executives, employees and other dignitaries in Northwest Indiana at a ceremony on June 23, 2011 of the future site of the Fronius U.S. headquarters.
Titagarh Wagon to Enter Shipbuilding
According to a report on www.business-standard.com, India's Titagarh Wagon (TWL) (www.titagarh.biz) announced plans to enter shipbuilding business and was scouting for land near Kulpi. In the report, TWL Chairman JP Chowdhary was quoted as saying that the company is scouting for up to 400 acres, as well as technical partners.
Bouchard: New Logo and Website
Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, has introduced a new corporate logo and announced plans to launch an updated website before the end of the year. Both the new logo and updated website, www.bouchardtransport.com, are designed by WEBDESIGN of New York, a creative agency with an emphasis on web design and technology solutions, based in New York, N.Y.
Russian Spy Ship in Havana on Eve of US-Cuba Talks
A Russian intelligence warship Viktor Leonov CCB-175 docked in Havana on Tuesday, January 20, a day before the start of historic US-Cuba talks aimed at normalizing diplomatic relations, reports AFP. The spy ship arrived at a passenger cruise terminal in full public view for what a Russian embassy official called a “friendly” three-day stay. There was nothing stealthy about the arrival of the ship, which was moored to a pier in Old Havana where cruise ships often dock. But the visit was not officially announced by Cuban authorities.
SUNY Maritime Honors Bouchard's CEO
President and CEO of Bouchard Transportation, Morton S. Bouchard III accepts the Admiral’s Award from Maritime College Interim President Dr. Michael A. Morton S. Bouchard Transportation Co., Inc. Bouchard Transportation Co., Inc., President and CEO Morton S. Bouchard III was honored at Maritime College’s Annual Admiral’s Scholarship Dinner for his continued support of the College and its students. In recognition of the occasion, Mr. Bouchard announced plans for the construction of an on-campus dormitory to house visitors to the Bouchard Transportation Company…
Kursk Rescue Plans Coming
President Vladimir Putin will formally announce plans to raise the nuclear submarine Kursk when he meets European Union leaders this weekend. "It will be the first time that the president of the Russian Federation will announce this," Rio Praaning, secretary general of the Kursk Foundation, said. Kursk sank in the Barents Sea last August killing all 118 men on board. The 150-m (492-ft.) vessel has remained at the bottom of the sea, 100 m below the surface, ever since. Russia plans to raise the submarine at the end of August or in September before Autumn weather makes the operation impossible. Late last year divers recovered 12 bodies from the wreck and the new plan has the aim of recovering the other victims still on board as well as clearing a major environmental hazard from the seabed.
L&T to Invest in Shipbuilding
Shipping Corporation of India has announced plans to set up at least two shipbuilding yards with an investment of Rs2,000 crore each, according to a report on www.livemint.com. It would be bidding for the projects announced by the government. India has 28 ship building yards and the largest ship built in the country are 45,000 DWT in Cochin Shipyard. Public sector company Cochin Shipyard plans to build small ships at its yard with an investment of Rs98 crore. It would make anchor handling tugs, platform supply vessels, offshore vessels, coastal tankers, container and feeder vessels targeting an additional turnover of Rs 500 crore per annum. ABG Shipyard plans to invest Rs600 crore at its new shipbuilding yard in Dahej that is under construction.
Indonesia to Develop Maritime ‘Technoparks’
The Indonesian Ministry of Maritime Affairs and Fisheries has announced plans to develop five maritime technology parks to improve fisheries-based business in Indonesia, says The Jakarta Globe. The areas set for development — dubbed Technoparks for Maritime Affairs and Fisheries, or TPKP — have been announced as the Natuna Islands in Riau Islands province; Simeulue district in Aceh; Sangihedi Islands district in North Sulawesi; Western Southeast Maluku district in Maluku, and Merauke district in Papua.