General Dynamics Completes Metro Machine Acquisition
Transaction expands company’s capabilities in ship repair market. General Dynamics (NYSE: GD) today completed its acquisition of Metro Machine Corp., a leading East Coast surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Va. The value of the cash transaction has not been disclosed. Metro Machine Corp. now becomes part of the shipbuilding and repair operations of San Diego-based General Dynamics NASSCO, a leading provider of ships to the Navy, a major producer of commercial vessels and the largest shipbuilding and repair company on the West Coast. “The addition of Metro Machine enhances our ability to compete in the growing naval ship repair market,” said Fred Harris, president, General Dynamics NASSCO.
Metro Machine Agrees to Purchase UltraStrip
UltraStrip Systems, Inc. announced that Metro Machine Corp. of Norfolk, Va. has agreed to purchase a high production prototype UltraStrip robotic paint removal system for $2 million. Metro is developing a marine vessel enclosure, paint removal, and coating system, the Metro Ship Coating System, and will be evaluating the UltraStrip prototype for use in the Metro Ship Coating System. Dr. Robert O. Baratta, president and CEO of UltraStrip Systems said, "Metro plans to use the UltraStrip technology in its own shipyard and market the Metro Ship Coating System with the UltraStrip technology to other shipyards and ship repair companies.
Ship Company Leaves Philadelphia
A Norfolk, Va.-based ship repair company, which once promised enterprise and hundreds of jobs for Chester and Philadelphia, will close the last of its Philadelphia operations in July. For the past six years, Metro Machine Corp. had contracts with the U.S. Navy to dismantle inactive ships. Its latest solicitation in April turned up zero work orders, forcing the company to cease its work at the Philadelphia Naval Yard and leave about 100 workers jobless. Metro expects to complete its final disassembly on the USS Stark by the end of June, and then remove its equipment from dry dock 2 and dry dock 3 by July 14. The Philadelphia Industrial Development Corp.…
Metro Machine Wins Drydock Contract
Metro Machine Corp., Norfolk, Va., is being awarded an $8,476,047 firm-fixed-price contract for the Drydocking Selected Restricted Availability (DSRA) of the USS Ross (DDG-71). Work includes miscellaneous drydocking structural, electrical, and mechanical repairs including shipalts and alterations equivalent to repairs. Work will be performed in Norfolk, Va., and is expected to be completed by June 2005. Contract funds will expire at the end of the current fiscal year. The contract was competitively procured via the Internet, with three proposals solicited and two offers received. The Mid Atlantic Regional Maintenance Center, USN, Portsmouth, Va., is the contracting activity (N40025-05-C-5010).
NORSHIPCO to Purchase Dry Dock
The dock, expected to be operational by the end of May, will be relocated to NORSHIPCO and placed in an area previously occupied by a similar size dock, which was retired two years ago. The agreement provides additional opportunities for the exchange of work and dry dock utilization. The acquisition of the dock positions NORSHIPCO as a stronger competitor in the U.S. Navy, Military Sealift Command (MSC), and commercial ship repair markets. The added dry dock capacity affords NORSHIPCO the opportunity to pursue additional areas of work, which could lead to more level-loading of the yard's skilled workforce. NORSHIPCO's workers specialize in the repair and modernization of Naval vessels and various cruise and commercial cargo fleets.
USS Carter Hall Drydocking Contract for GD NASSCO
In the latest listing of US Department of Defense, Navy contracts, General Dynamics, NASSCO, Norfolk, Va., (formerly Metro Machine Corp.) has been awarded a $171,961,941 undefinitized contract action as a modification to a previously awarded contract (N00024-09-C-4416) for 'USS Carter Hall' fiscal 2014 extended dry-docking planned maintenance. Work will be performed in Norfolk, Va., and is expected to be completed by April 2015. Fiscal 2014 operations and maintenance, Navy and Fiscal 2014 other procurement, Navy funds in the amount of $104,155,547 will be obligated at time of award.
Shipyard to Close Facilities in Philadelphia
Metro Machine Corp., a Norfolk, Va., company that came here a dozen years ago with dreams of building a radically new type of tanker ship, is shutting down its Philadelphia operations. The tankers it hoped to build offered innovations to protect the environment, but no one was willing to risk buying the first ship of an unproven design. To sustain its operation here while seeking ship orders, Metro did work including overhauls and scrapping ships. The city is already seeking a ship-repair company to lease the two dry docks at the old Philadelphia Naval Shipyard, at the foot of Broad Street, that Metro has been using. A supplier network is developing around the Aker Philadelphia Shipyard, formerly named Kvaerner, which could make the adjacent Metro space more attractive.
Norshipco And Metro Machine Team Up
Norshipco and Metro Machine have agreed to a teaming arrangement - further enabling the two companies to raise the level of services provided to the U.S. Navy. The partnership between Norshipco and Metro provides the Navy with the private sector capability and capacity in the Norfolk, Va. homeport to undertake large complex repair jobs, while concurrently performing other scheduled Navy repair work. The agreement allows crews to remain in Norfolk instead of having the work done outside the vessel's homeport area. Additionally, the teaming agreement provides both companies with enhanced flexibilities in the use of their respective facilities…
Metro Cruise to Operate Brooklyn Cruise Terminal
Metro Cruise Services LLC entered a four-year agreement with the New York City Economic Development Corp. (NYCEDC), where it has been designated as the sole and exclusive operator of the Brooklyn Cruise Terminal (BCT). This will be the first time in Metro’s company history that marine terminal and stevedore operations will be conducted in the Port of New York. Metro’s cruise brand has grown in the Northeast region in recent years, beginning with the providing of stevedore services in the Port of Boston to Crystal, RCI, Celebrity and Carnival cruise lines.
Metro Ports Celebrates 90 years
Metropolitan Stevedore Co., established in 1923 in Southern California and with business roots dating back to the 1850s gold rush era through its original San Francisco parent corporation, California Stevedore and Ballast Co., is celebrating its 90th anniversary. Through the years, Metropolitan Stevedore Co. became known as Metro, so in 2008 the decision was made to use Metro Ports as the new brand for the various key operating companies of Wilmington, Calif.-based Nautilus International Holding Corp.
Shipyard Group Eyes Expansion
A group of domestic shipyard operators belonging to the Metro Manila Shipyard Association, Inc. (MMSAI) is eyeing this premier Freeport zone as the site for its future expansion program to accommodate the growing fleet requirements of the local shipping industry, the Daily Tribune said. MMSAI president Edison Sy of Asian Slipways Corp. said that the existing ship repair and shipbuilding facilities being operated by its members along the Navotas-Malabon river system could no longer accommodate its expansion program and the Subic Freeport is the most viable site for this purpose. The MMSAI which conducted site inspection here was headed by its president Edison Sy of Asian Slipway Corp.…
Nautilus, Metro Move to New HQ in Long Beach
After more than 92 years of operating from various locations in Wilmington, Calif., Nautilus International Holding Corp., along with its subsidiaries Metro Ports, Metro Cruise Services, Metro Shore Services and Metro Risk Management, is moving its headquarters into a new Long Beach facility on Tuesday, Feb. 16, 2016. The new address is 3806 Worsham Ave., Long Beach, Calif., 90808. The post office box address is P.O. Box 93121, Long Beach, Calif., 90809-3121. General phone number is 310.816.6500310.816.6500 FREE.
New Condition & Performance Monitoring Application for Maritime
Arundo Analytics, a software company enabling advanced analytics in heavy industry, announced yesterday the Arundo Condition & Performance Monitoring application (CPM) for industrial equipment. Arundo CPM is a configurable machine learning application built and delivered via the Arundo Enterprise platform. Arundo’s CPM software greatly enhances the ability of marine vessel owners, operators, and equipment vendors to increase revenue, reduce costs and mitigate risks, based on the latest advances in sensor technology, edge computing, cloud software and machine learning.
Metro Ports Secures New Business in British Columbia
Metro Ports Canada Ltd., a Newfoundland and Labrador company that is wholly owned by Nautilus International Holding Corp., has executed an agreement with Pinnacle Renewable Energy Inc., a British Columbia company, for managing the operation of Westview Terminal, a wood pellet railcar receiving, storage and vessel loading facility in the Port of Prince Rupert. Metro Ports Canada is headed by President James Dillman, with Vice President Rob Waterman handling the day-to-day oversight. James Callahan, chairman, president & CEO of Nautilus International Holding Corp., commented on the company’s expansion. Pinnacle Renewable Energy Inc. is a privately held company and the largest producer of wood pellets in the world and the largest exporter of pellets to Europe and Asia from Canada.
Significant Truck Activity at Vancouver Port
The trucking disruption is affecting the movement of containers by truck to and from Port Metro Vancouver’s four container terminals. In general, 70% of containers arrive and depart Port Metro Vancouver container terminals by rail and 30% by truck. Following yesterday’s clear actions by Canada, B.C. and Port Metro Vancouver to protect the economy, we are seeing significant truck activity at Port Metro Vancouver terminals. The volume of container truck transactions on March 20, 2014 was nearly 40% of normal. It is the highest level since the trucking disruption began.
Vancouver to Install Shore Power for Containerships
Funding for the installation of shore power facilities for container vessels at two Port Metro Vancouver container terminals has been announced by Kerry-Lynne D. Findlay, Canada’s Minister of National Revenue and Member of Parliament for Delta-Richmond East, on behalf of Lisa Raitt, Minister of Transport, and Port Metro Vancouver President and Chief Executive Officer Robin Silvester. Also present for the announcement were partners BC Hydro, Global Container Terminals – operators of Deltaport terminals – and DP World Vancouver, operators of Vancouver’s Centerm.
Vancouver Port Recognized for Eco-friendly Vessels
Port Metro Vancouver is proud to honour 11 recipients of its Blue Circle Award for 2010. Launched last year, this award recognizes the most eco-friendly vessels that call at the Port. The Blue Circle Award acknowledges industry commitment to Port sustainability by recognizing the extraordinary environmental achievements of ships that participate in Port Metro Vancouver’s EcoAction Program for Shipping. The program offers a financial incentive for cruise and shipping lines to reduce ship emissions.
Konecranes RTG for GCT Deltaport
In March 2015, Konecranes received an order for four Rubber Tired Gantry (RTG) cranes from GCT Canada Limited Partnership for its GCT Deltaport facility located in Port Metro Vancouver, Canada. Destined for the country’s flagship container terminal, this will be Konecranes’ first RTG delivery to the West Coast of Canada. The cranes will be delivered fully-erect in the spring of 2016. The CSA-approved, hydraulics-free Konecranes RTGs on order are 16-wheel machines with a lifting capacity of 40 LT, lifting 1-over-5 high and 7-plus-truck lane wide.
Port Metro Vancouver Release Sustainability, Financial Reports
Port Metro Vancouver informs that it has released its fourth annual Sustainability Report and 2013 Financial Report. Both reports together cover the period of January 1, 2013 to December 31, 2013 and provide a summary of Port Metro Vancouver’s overall performance. The report is a Global Reporting Initiative B+ level, independently assured report that provides information on the sustainability topics of greatest significance to Port Metro Vancouver and its stakeholders. It is designed to provide greater transparency and accountability in how Port Metro Vancouver conducts business…
Noble Corp Reports Smaller Q4 Loss
Offshore drilling contractor Noble Corp Plc's fourth-quarter loss narrowed from a year earlier, when it recorded impairment charges of $1.44 billion. Net loss attributable to Noble narrowed to $24.68 million, or 10 cents per share, in the quarter ended Dec. 31, from $1.3 billion, or $5.36 a share, a year earlier, the company said on Wednesday. Revenue fell 19.6 percent to $329.59 million. (Reporting by Taenaz Shakir in Bengaluru; Editing by Maju Samuel)
Port Metro Vancouver Launches Online Entertainment Channel
Port Metro Vancouver welcomes audiences behind-the-scenes of Canada’s largest port with its new online channel, PortTV. Designed to engage and educate audiences, PortTV will share the stories of real people who live and work within the port communities and showcase the important role that the port plays across Canada. Hosted on Port Metro Vancouver’s YouTube and Facebook pages, new episodes of PortTV will be rolled out weekly throughout the summer. Check out the first episode Port Metro Vancouver's website.
Philippines Approves $3.7 bln worth of new PPP projects
Philippine President Benigno Aquino on Friday gave authorities the go-ahead to offer for tender 165.6 billion pesos ($3.7 billion) worth of new infrastructure projects under his flagship Public-Private Partnership program in line with efforts to upgrade ageing roads, airports and ports. The country needs private funds to upgrade and modernise its dilapidated infrastructure as it aims to lift its growth rate upwards to 8 percent so it can catch up with its richer Southeast Asian neighbours. To be included in the pipeline of projects that could be offered to investors soon under a PPP scheme are the following: operation and maintenance of the Puerto Princesa Airport (5.23 billion pesos…
Strong Cruise Season Marks Canada Place’s 30th Anniversary
Port Metro Vancouver’s 2016 cruise season officially kicks off today with the arrival of the Star Princess at Canada Place. Vancouver expects to welcome approximately 830,000 passengers on 228 calls, reflecting a forecasted 3 percent increase in passenger volume over 2015. “2016 marks the 30th anniversary of Canada Place,” said Robin Silvester, President and Chief Executive Officer at Port Metro Vancouver. The results of a joint passenger survey by Port Metro Vancouver, Tourism Vancouver…