Port Hedland Iron Ore Exports to China Fell 10% in February
Iron ore shipments to China from Australia's Port Hedland terminal fell nearly 10 percent in February to 31.3 million tonnes, down from 34.7 million tonnes a month earlier, port data released on Thursday showed. Overall August iron ore shipments from the world's biggest export terminal for the steelmaking raw material fell to 38.5 million tonnes in February from 41.1 million tonnes in January, according to the Pilbara Ports Authority. Port Hedland is used by three of Australia's top four iron ore miners, BHP Billiton , Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.
I-Tech AB Signs Deal For Largest Ever Selektope Order
I-Tech AB, the Swedish developer of the bio-repellent antifouling ingredient Selektope, has signed a supply agreement with a Japanese paint manufacturer representing the largest ever single order of the technology to-date. The large volume order was placed by Japanese paint manufacturer Chugoku Marine Paints (CMP) as part of a long-term supply agreement between I-Tech and CMP to support the growth of CMP’s Selektope-containing antifouling product portfolio. The supply agreement…
Heavy Metal Free Antifoulant
Sherwin-Williams Protective and Marine Coatings Division announces new SeaGuard Heavy Metal Free Antifoulant, an environmentally responsible alternative to copper-based hull coatings that prevents the growth of marine organisms on commercial and military ships. The new product received U.S. EPA approval on June 30, 2008. SeaGuard Heavy Metal Free Antifoulant is a solvent-based ablative coating that utilizes a metal-free organic biocide agent and provides the same effective antifouling protection as traditional copper-based coatings.
Metal Shark Expansion Creates 200 Jobs
Louisiana Governor Bobby Jindal and Metal Shark Boats President Chris Allard announced the company will make a $1.52 million capital investment to expand its Jeanerette shipyard in support of military, law enforcement agency and commercial boat contracts. The expansion will create 88 new direct jobs, with an average salary of more than $62,000, plus benefits, and Louisiana Economic Development estimates the project will result in an additional 134 new indirect jobs, for a total of 222 new jobs.
Metal Shark Wins $54 Mln US Navy Contract
Louisiana-based shipbuilder Metal Shark said it has been awarded a contract worth up to $54 million from the U.S. Navy to build Near Coastal Patrol Vessels (NCPVs) for U.S. partner nations through the Department of Defense Foreign Military Sales (FMS) program. Metal Shark’s proposal was selected by Naval Sea Systems Command from a field of six competing shipyards. Under the terms of the award, Metal Shark will build up to thirteen 85-foot Defiant-class welded aluminum cutters for the Dominican Republic, El Salvador, Honduras, Costa Rica, Guatemala and other U.S. partner nations.
Jet Edge Awarded U.S. Patent
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. Patent 8,333,387) improves waterjet seal life by providing robust Metal-on-Metal sealing without the use of conventional plastic seals. This technology uses two convex curved surfaces in single line contact with one another to seal ultra-high pressure (UHP) fluid at static pressures up to 130,000 psi.
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 abrasivejet cutting head. It powers the system with a 50HP, 60,000 psi Jet Edge iP60-50 waterjet intensifier pump. Fab Metal Shop specializes in the fabrication of steel, stainless steel, aluminum, marble, granite, plastic and many other materials.
Trafigura's Impala Terminals Scraps Chinese Joint Venture
Commodity trader Trafigura said its logistics and warehouse unit Impala Terminals has scrapped plans for a metals warehousing joint venture in China and will also exit its refined base metals business. Trafigura had announced a joint venture last October with Citics Global Trade, a subsidiary of Citic Securities Co Ltd , China's largest investment bank. "This (cancellation) is due to the necessary conditions not being in place," Trafigura said in a statement on Tuesday, giving no further details. The statement did not mention suspected metals financing fraud at China's Qingdao port, but last year Trafigura said a probe had affected some partners and hit confidence in the industry as a whole.
Mercury Diesel Engines for 16 New USCG Boats
Mercury Marine has entered an agreement with Metal Shark Aluminum Boats to power 16 U.S. Coast Guard (USCG) boats with Mercury diesel engines. “Mercury Marine’s 2.0 diesel engines are ideal for smaller vessels such as the Coast Guard Cutter Boat ATON Medium,” said Greg Lambrecht, Metal Shark vice president. “The U.S. diesel market is evolving and adapting and our marine customers are taking notice of the diesel advantage when it comes to performance and fuel economy,” said Reinhard Burk, Mercury Marine Senior director of diesel & propulsion strategies.
Metal Shark Makes Multiple Latin American, Caribbean Deliveries
Louisiana-based boatbuilder Metal Shark has announced several new contracts with Latin American and Caribbean operators, further expanding the company’s presence in the region. At a recent ceremony with Puerto Rico’s Governor Alejandro Garcia Padilla in San Juan, the Puerto Rico Police Department (PRPD) officially commissioned its first three Metal Shark 36-foot Fearless-class center console patrol boats. The welded-aluminum offshore center console vessels have been designed to operate at speed in the large ocean swells prevalent off the Puerto Rican coastline.
Repeat NYC Ferry Business for Metal Shark
Metal Shark Building Four 350-Passenger Vessels and an Additional 150-Passenger Vessel for NYC Ferry. Louisiana-based shipbuilder Metal Shark is once again building multiple high-speed aluminum catamaran passenger vessels for the NYC Ferry Service Operated by Hornblower. In early August, Metal Shark received orders from Hornblower for four 97’ x 28’, 350-passenger USCG Subchapter K vessels, which are a new and larger platform than the fleet of 150-passenger vessels NYC Ferry currently operates. An additional 85’, 150-passenger USCG Subchapter T vessel has also been ordered.
Metal Shark Wins USN PB(X) Contract
Metal Shark won the contract to produce the U.S. Navy’s next-generation patrol boat, the PB(X), the replacement for the fleet of force protection boats currently in use with Navy Expeditionary Combad Command’s Coastal Riverine Forces (CRF). Subject to annual appropriations, the Navy intends to replace approximately 100 to 160 of its existing 25-ft. and 34-ft. CRF patrol boats with the larger and more modern PB(X) platform over the next 15 years. The Navy has placed an initial, immediate order for eleven of the new vessels.
MN100: Metal Shark Boats
Metal Shark is a leading shipbuilder specializing in the design and production of boats and ships for military, law enforcement, fire rescue, and a wide spectrum of commercial applications. At its facilities in Franklin and Jeanerette, Louisiana, Metal Shark manufactures vessels in aluminum, steel, and fiberglass. In addition to the diverse lineup of models designed by its in-house team of naval architects, Metal Shark has partnered with Damen Shipyards to offer the proven and globally supported range of Damen vessels up to 80 meters.
Jet Edge Waterjets Distributed in 6 States by KF Machinery
Jet Edge, Inc., a leading manufacturer of ultra-high pressure waterjet systems for precision cutting, coating removal and surface preparation, say that KF Machinery is now distributing Jet Edge precision waterjet cutting systems in Minnesota, North and South Dakota, Nebraska, Western Wisconsin and Western Iowa. Located in Lakeville, Minn., KF Machinery offers full-service precision sheet metal manufacturing and forming equipment to manufacturers in a variety of industries, including precision sheet metal…
Metal Shark Bags Pilot Boat Build Contracts
Metal Shark said it has its sights locked on the pilot boat market, with two new vessels from its range of custom-configurable pilot boat offering currently under construction. The Louisiana-based shipbuilder is building a 45-foot Defiant Pilot Boat for the Virgin Islands Port Authority at its Jeanerette, La. production facility. At its shipyard in nearby Franklin, La., Metal Shark is building a 64-foot Defiant Pilot Boat for the Brazos Pilots Association of Freeport, Texas. Both vessels will be delivered in 2018.
Metal Shark Wins US Navy Contract
Louisiana-based shipbuilder Metal Shark has been awarded a $15,309,410 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the construction of seven-meter rigid hull inflatable boats (RHIBs) in support of future Foreign Military Sales (FMS) requirements. The award includes options that, if exercised, will bring the total contract value to $47,408,209. Metal Shark will produce the boats in a flexible baseline configuration that can be rapidly adapted via minor…
Metal Shark Delivers Port Security Fireboat
Louisiana-based shipbuilder Metal Shark announced it has delivered a 55-foot multipurpose port security vessel to the Plaquemines Port Harbor and Terminal District in Louisiana. Based on Metal Shark’s Defiant-class monohull pilothouse design, the welded aluminum vessel is designed to support port security efforts and firefighting missions at the port district, located 20 miles south of New Orleans at the mouth of the Mississippi River. For this application, Metal Shark equipped the vessel with twin Cat C-18 diesel engines mated to Hamilton water jets.
Metal Shark Puts First Two Citywide Ferries on the Water
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. on February 24, operators from Berard Transportation began the process of moving the first of two 86' x 26' catamaran-hulled aluminum passenger vessels from Metal Shark's final assembly building to the waiting cranes from H. Brown Crane Service, which hoisted the vessel and placed it into the adjacent Charenton Canal.
Metal Shark to Build DC, New Orleans Passenger Vessels
Louisiana-based shipbuilder Metal Shark said it has been awarded two separate contracts to produce passenger vessels for the Potomac Riverboat Company division of Entertainment Cruises, and for the New Orleans Regional Transit Authority. For the Potomac Riverboat Company, Metal Shark will produce four 88’, high speed/low wake, 149-passenger aluminum catamarans. The new passenger vessels will provide commuters in the Washington DC metro region with service between Old Town Alexandria, Virginia; National Harbor, Maryland; and Georgetown and The Wharf in Washington DC.
Metal Shark to Construct 350, Yes 350, Hi-speed Navy Boats
Louisiana-based aluminum boat manufacturer Metal Shark Aluminum Boats LLC has been awarded a contract to produce up to 350 specialized vessels for the United States Navy. The fixed-price contract is for the construction of the Navy’s High Speed Maneuverable Surface Target (HSMST) vessels. Based on Metal Shark’s high performance 26-foot Relentless center console model, the twin engine, welded aluminum HSMSTs will be utilized by the Navy primarily for advanced weapons system testing and fleet training exercises.
Metal Shark to Build Damen Designs
Vessel manufacturer Metal Shark has reached an agreement with Damen Shipyards to market Damen designs, which the company will construct at its Franklin, Louisiana shipyard. “We are proud to offer globally proven Damen designs as we expand our footprint in new markets,” said Metal Shark president Chris Allard. The Damen announcement caps off a busy year for Metal Shark, which announced the acquisition of its new Franklin shipyard in January. In April, Metal Shark hired marine industry veteran Carl Wegener, previously of Austal USA and Kvichak Marine, as its director of commercial sales.
Metal Shark Boats Gets Louisiana Governor's Award
Louisiana Economic Development (LED) inform that Gov. Bobby Jindal has presented Metal Shark Boats, (headquartered in Jeanerette in Iberia Parish) with the Governor’s Award for Entrepreneurial Excellence. The Governor’s Award for Entrepreneurial Excellence is periodically awarded by the governor to businesses that grow and provide more opportunity, more jobs and more commerce for the state of Louisiana. Metal Shark Boats has grown from an employment of 75 in 2012 to 200 employees today.
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 metal as collateral for finance. The investigation into the status of aluminium and copper products stored at the world's seventh-biggest port may hit the group, CITIC Resources said, sending its shares down by more than 8 percent to their lowest since May 7.