Hepburn and Sons to Help Boost Virginia Economy
Twelve Virginia companies were recently selected by the Governor’s office to participate in the Virginia Economic Gardening Pilot Program (VEGPP) ,which aims to advance the local economy. One of the companies selected was the veteran-owned small business Hepburn and Sons LLC, a provider of maritime consulting and engineering support services. The VEGPP, administered by the Virginia Economic Development Partnership (VEDP), seeks out small business which have shown promise and offer strategic solutions to further company growth. Capt.
Q88 LLC Opens Office in Athens
Q88 LLC, a software as a service technology provider to the maritime industry, has opened an office in Athens, Greece. According t o the company, the new office further increases the its presence in Europe and will serve as a key hub for client relations and business development. “The Greek shipping community is so important to our success as a company and the industry as a whole. Having a presence in Greece is something we are very excited about. The Athens office will allow us to further strengthen relationships in the region and allow us to tap into the pulse of the industry,” said Fritz Heidenreich, president and founder of Q88.
Master Marine Delivers for Waterfront Services
Master Marine has delivered the first of four 67’ x 28’ fleet boats to Waterfront Services Co. Each boat will be powered by a pair of Laborde Products, Inc. S6R2-Y3MPTAW Mitsubishi 803 HP tier III diesel marine engines to be operated at 1,400 RPM coupled to Twin Disc MG 5321, 5:1 gears, E300 electronic controls with RW Fernstrum, Inc. keel coolers. Electrical power was also provided by Laborde Products, Inc. with two Northern Lights M65C13.2S 65KW Tier III electronic controlled generators with RW Fernstrum, Inc. keel coolers. A pair of Sound Propeller Services, Inc.
Noise Control Engineering Awarded Navy SBIR Grant
Noise Control Engineering awarded Navy SBIR grant for abrasive blaster with reduced noise Glosten subsidiary Noise Control Engineering, LLC said it has been awarded a Small Business Innovative Research (SBIR) contract to apply advance aeroacoustics principals to the design of an abrasive blasting nozzle, reducing noise from the nozzle while simultaneously improving the device’s productivity. According to Noise Control Engineering, the nozzle developed through this effort will provide industry with a device that represents an evolutionary step forward in safety and efficiency.
Rigdon Named Interim CEO at Tidewater
Larry T. Rigdon will serve as interim president and chief executive officer (CEO) of Tidewater Inc. while a search committee seeks a permanent successor to Jeffrey M. Platt, who has elected to retire from his role as director, president and CEO of offshore service vessels (OSV) owner and operator effective October 15, 2017. “Having successfully completed the financial restructuring of Tidewater at the end of July, which positioned the company to weather current industry conditions and achieve success in the future…
Harley Marine Hires Adlakha as CFO
Harley Marine Services is pleased to welcome Sterling Adlakha to its executive team where he will assume the role of Chief Financial Officer. A graduate of the U.S. Coast Guard Academy, Sterling served 10 years in the U.S. Coast Guard. He began his career as an engineer on a 210' cutter before moving to the West Coast and becoming a double-ended marine inspector and plank owner of the country's first Sea Marshal program following the 9/11 terrorist attacks. He later earned a Masters…
Contanda Secures Prime Waterfront Acreage on the Houston Ship Channel
Contanda Terminals LLC, a provider of bulk liquid storage and logistics services in North America, has announced a multi-year commercial agreement with the Port of Houston Authority for 339 acres of prime deep-water access property located on the Houston Ship Channel. The land acquisition enables Contanda to continue to develop its key strategic business objective of doubling its terminal storage capability over the next five years, and expanding into the bulk petrochemical and hydrocarbon markets. This will further strengthen the company’s presence along the U.S.
Ivy Marine Obtains Sub M TSMS Certificate
Ivy Marine, LLC, a two-towboat company out of Mobile, AL has become one of the first companies in the United States to obtain their TSMS Certificate. They are also the smallest company in the country to have obtained this certification. “Ivy Marine partnered with Tug & Barge Solutions to develop a Towing Safety Management System (TSMS) that meets Subchapter M and the AWO RCP standard,” said Steve Wilson, Ivy Marine’s President. Ivy Marine, LLC also installed HelmCONNECT on its vessels which has helped them obtain their TSMS Certificate.
Frasher Takes Head of Helm at American Commercial
Stephen A. Frasher has been appointed president and CEO of American Commercial Barge Line LLC as well as CEO of Jeffboat LLC, Louisiana Dock Company LLC and American Commercial Terminals LLC. With 31 years of experience in the transportation industry, most recently as president and CEO of Tidewater Holdings, Frasher’s hiring is part of a management transition plan for the retirement of Michael C. Hagen, who plans to step down at the end of October.
Bollinger Gets Safety Awards from SCA & NSC
Bollinger Shipyards, Inc. has received awards for Excellence in Safety, Improvements in Safety, and Occupational Safety awards from two industry groups. The Award for Excellence in Safety and the Award for Improvement in Safety for 2009 were presented to Bollinger by the Shipbuilders Council of America (SCA). The awards were received during the association’s April 26-28, 2010 general membership meeting held in Washington, D.C. The Award for Excellence in Safety is given to member companies who have an end-of-year Total Recordable Incident Rate (TRIR) that is below the average SCA rate.
Intelsat Proposes Public Offering of Common Shares
Intelsat Global Holdings S.A. announced that it has commenced the distribution of preliminary prospectuses in anticipation of its proposed initial public offering of 21,739,130 common shares and proposed concurrent public offering of 3,000,000 Series A mandatory convertible junior non-voting preferred shares (the "Series A preferred shares"). The offerings are being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission. The company has granted the underwriters in the initial public offering of common shares a 30-day option to purchase up to an additional 3,260,869 common shares. The company has granted the underwriters in the public offering of Series A preferred shares a 30-day option to purchase up to an additional 450…
Maritime Safety Awards Announced
On July 29, 2013, The American Equity Underwriters, Inc. (AEU) presented the 2012 Safety Awards at the annual American Longshore Mutual Association (ALMA) Conference in Punta Cana, Dominican Republic, where Coach Gene Stallings was the keynote speaker. The awards are given each year to the best performing ALMA members nationwide and are based on the number of accidents and the severity of accidents for the calendar year. The award is an acknowledgement that these companies are leaders in the most important aspect of business operations - protecting employees from injury or death.
ABS Elects New Council and Committee Members
• Angeliki N. • Michael Wyllie, Offshore Energy Development Corporation/SBM Offshore N.V. • William T. • Capt. • Dr. Bo Cerup-Simonsen, A.P. • Joseph J. • Soli Engineer, Executive Director, Great Offshore Ltd. • RADM Philip H. Greene, Jr., Superintendent, U.S. • Hiroshi Kato, President, Toyo Shipping Line Co., Ltd. • Naresh Kumar, Chairman & Managing Director, Deepwater Drilling & Industries Ltd. • Lee, Jai-Seong, President & CEO, Hyundai Heavy Industries Co., Ltd. • VADM H. S. Malhi, AVSM, VSM, Chairman & Managing Director, Mazagon Dock Ltd. • John “Jack” D. • Ted C. • Capt.
Babcock & Brown to Acquire Bluewater Wind
International investment firm Babcock & Brown (ASX: BNB - News), announced it has entered into a definitive agreement to acquire Bluewater Wind Delaware LLC and its parent holding companies, including Bluewater Offshore Holdings LLC and Bluewater Wind Holdings, LLC, in an effort to expand its portfolio of wind energy projects and contribute to its goal of developing offshore wind. Hunter Armistead, head of Babcock & Brown's North American Energy Development Group added that Bluewater will continue with negotiations with Delmarva Power toward executing a Power Purchase Agreement (PPA), in a process that is being overseen by the Delaware Public Service Commission and three state agencies. [Source: PRNewswire]
GEA Westfalia Separator Signs With Separator Spares & Equipment, LLC
Separator Spares & Equipment, LLC announced an authorized distributor agreement with GEA Mechanical Equipment US, Inc. (GEA Westfalia Separator Division) for the Gulf Coast region. Effective immediately, Separator Spares & Equipment, LLC will be providing GEA Westfalia high-speed separator equipment, spare parts, and support throughout the Gulf Coast region. This strategic alliance will provide GEA Westfalia Separator’s customers a local representative on the Gulf Coast. “I’m extremely excited about working with GEA Westfalia. This agreement gives us a solid partner in providing solutions for our customer’s purification needs.” said Mervyn LeBlanc, Director of Separator Spares & Equipment, LLC.
The Return of U.S. Underwater Services
Benford Capital Partners LLC and Coppermine Capital LLC acquired the assets of Neptune Underwater Services (USA) LLC, the U.S. diving business of Neptune Marine Services Limited (“Neptune”), in a newly-formed entity, called U.S. Benford Capital and Coppermine, in partnership with the Company’s management team, are acquiring the business for the second time, after selling it to Neptune in 2007. The name U.S. Underwater Services, the Company’s brand prior to Neptune’s involvement, was chosen to capitalize on its t reputation for quality, service and reliability. Based in Mansfield, Texas, and operating out of a 50,000 square-foot facility, U.S.
TY President John Dane lll Workboat Show 2012 Keynote Speaker
John Dane III, President and CEO of TY Offshore, LLC & Trinity Yachts, LLC delivers 'Shipyard Day' show keynote speach. The show's 'Shipyard Day' keynote address is from John Dane III, President and CEO of TY Offshore, LLC and Trinity Yachts, LLC, during the 2012 International Workboat Show in New Orleans, Louisiana. John Dane's TY Offshore, currently builds offshore supply vessels, patrol craft, tug boats, oil skimmers and inland oil tank barges, while Trinity Yachts is one of the world's leading builders of megayachts to 330 feet. Both Trinity companies share two shipyards—in Gulfport, Mississippi and New Orleans, Louisiana—and employ 650 personnel and 200 subcontractors.
NAO Exercises Option to Purchase Shares
Nordic American Offshore Ltd. additional 882,352 common shares. The sale of these common shares isexpected to close on June 26, 2014. After the exercise of the overallotment option, there are 23,431,370 shares in issue in NAO. The total capital inflow into NAO from the Initial Public Offering and the exercise of the overallotment is in total about $100m. The company intends to use the net proceeds of this offering for acquisitions and general corporate purposes, including working capital. Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and DNB Markets, Inc. are acting as joint book-running managers. In addition, Global Hunter Securities, LLC is acting as a co-manager for the initial public offering.
GIA Wins in Admiralty Proceedings
Clasis LLC has successfully gained costs for the arrest, appraisement and sale of a vessel for client GOH IGS Automation Pte Ltd (GIA). GIA was being represented by Clasis LLC in relation to monies due and owing to them in the High Court of Singapore. GIA supplied materials to Varada One Pte Ltd vessel, Varada Lalima, for its operation and maintenance and as a result of the Defendant's failure to reply to GIA's demand for payment, GIA instructed Clasis LLC to commence admiralty proceedings.
Horizon Lines of Guam to Begin Micronesia Service
Horizon Lines, LLC initiated a new service to the Federated States of Micronesia and the Republic of Palau under the carrier's subsidiary company, Horizon Lines of Guam, LLC. The new service starts January 15th. Horizon Lines of Guam offers through bills of lading for service between Chuuk, Pohnpei, Kosrae, Yap and Palau and the United States. Shipments between the U.S. and Guam, Tinian and Rota will continue to be booked with Horizon Lines, LLC. The new offering will utilize Horizon Lines, LLC vessels for service between U.S. mainland ports and Guam. FSM Line will provide service between Guam and Chuuk, Pohnpei and Kosrae and Western Pacific Shipping for service between Guam and Yap and Palau.
ZF Marine Names New Segment Manger
ZF Marine has appointed Tim McFarland as Aftermarket Segment Manager. McFarland joined ZF Marine LLC in 1997 as an Inside Technical Representative and most recently was Senior Aftermarket Center Manager. In his new position McFarland will have full responsibility for ZF Marine LLC’s parts and service business in North and Central America, and the . He will also oversee the operation of ZF Marine LLC’s nine wholly owned service facilities that provide ZF component factory support for vessel operators throughout the , including and . McFarland replaces Gary Nelson, who will retire from ZF Marine LLC at the end of 2008. Currently based at ZF Marine’s , , service facility, McFarland will relocate to the headquarters.
Terra-Marine Security Ops from Yemen
In late January of 2009, HP Terra-Marine International, LLC, sister company of HollowPoint Protective Services, LLC, successfully established a firm agreement and licensing from the Yemen government. As a result, HP Terra-Marine International, LLC, is now operating from several strategic Yemeni ports along the Gulf of Aden and Red Sea. These bases in Yemen allow the company to provide professional armed security personnel for onboard vessel security through the east-west route in the Gulf of Aden. HP Terra-Marine International, LLC, now provides transport by boat of security personnel to and from the client’s vessel offshore from the company’s ports of operation. (www.hollowpointprotection.com)
Amsec Wins Navy Contract
Northrop Grumman Corporation (NYSE:NOC) subsidiary Amsec LLC has been awarded a contract by the U.S. Navy for Shipyard, Ship Alteration Installation and Marine/Mechanical Engineering Design Services. Amsec LLC, a wholly-owned subsidiary of Northrop Grumman Shipbuilding sector, is a full-service provider of engineering, logistics and technical support services to the U.S. Navy and maritime industry. "This contract is an important win for Amsec LLC and continues 28 years of ship alteration and engineering support with Norfolk Naval Shipyard," said Harris Leonard, vice president of Northrop Grumman Shipbuilding. Amsec LLC was one of several contractors awarded an indefinite-delivery, indefinite-quantity, cost plus fixed fee contract with provisions for firm fixed pricing.