New Contracts for Modutech
Modutech Marine, Inc., Tacoma, Wash., has been awarded a four-year contract for haulout, service and repair of the line of 41 ft. patrol boats for the USCG along the west coast. Additionally, the company has been awarded, and already begun, work on a contract for Puget Sound Naval Shipyard, to refurbish four utility barges.
Inside Modutech Marine’s Work Boat Medium
The U.S. Navy has some spectacular vessels, from submarines to high speed RIBs. They also have dedicated ports and support facilities worldwide. A practical reality of all of this is that the Navy requires efficient and handy boats to support the warhorses. To meet this requirement John Myers of the naval architect firm Hockema & Whalen and Associates have developed a 30 by 15-foot tug with a 5.5-foot draft. Currently the Navy has 24 of these tugs, designated Work Boat Medium, on order from Modutech Marine Inc. of Tacoma, Wash.
Fifth USS Arizona Memorial Ferry Boat for Navy
The Navy officially accepted delivery of the fifth USS Arizona Memorial passenger ferry boat from Modutech Marine Inc. of Tacoma, Wash., June 25. This vessel is one of six boats being procured to replace the existing ferry boats that have reached the end of their service life. The boats, procured for the National Park Service by the U.S. Navy's Program Executive Office (PEO) Ships, serve as a ferry service to shuttle visitors to and from the memorial, and continue to support the U.S. Navy's commitment to the National Park Service, as they tell the compelling stories of the Dec.
Channel Islands National Park Contracts for New Boat
The National Park Service has awarded a contract to Modutech Marine Inc. of Tacoma, Washington for the construction of a new crewboat for Channel Islands National Park in southern California. Sea Ranger II will be equipped to transport park personnel, supplies, and construction materials to the five park islands, as well as to carry researchers on overnight diving trips. Accommodations will include a full galley, sleeping space for up to nine people, full head with shower, and diving support equipment, including a portable dive compressor. The new boat will join an existing fleet of three boats, providing a vital link between the mainland-based park headquarters in Ventura and the park's islands, located between 17 and 45 nautical miles away.
Sea Ranger II Debuts for National Parks Service
The National Park Service has taken delivery of its newest boat, Sea Ranger II, built by Modutech Marine Inc. of Tacoma, Wash. The boat is equipped to transport park personnel, supplies and construction materials to the five offshore islands that make up Channel Islands National Park, as well as to carry researchers on overnight driving trips. Accommodations include a full galley, sleeping space for up to 10 people, full head with shower, and diving support equipment, including a portable dive compressor. The Sea Ranger II joins an existing fleet of three boats, providing a vital link between the mainland-based park headquarters in Ventura, Calif., and the park's islands, located between 17 and 45 nautical miles away.
Navy Accepts Fifth USS Arizona Memorial Ferry
The Navy officially accepted delivery of the fifth USS Arizona Memorial passenger ferry boat from Modutech Marine Inc. of , June 25. This vessel is one of six boats being procured to replace the existing ferry boats that have reached the end of their service life. The boats, procured for the National Park Service by the U.S. Navy's Program Executive Office (PEO) Ships, serve as a ferry service to shuttle visitors to and from the memorial, and continue to support the U.S. Navy's commitment to the National Park Service, as they tell the compelling stories of the Dec. 7, 1941, attack on . The new 78-ft. vessels are constructed of fiberglass and can accommodate up to 149 passengers and three crew members.
Seacor Announces JV with Cosco Shipping Affiliates
Offshore services vessel operator SEACOR Marine Holdings Inc. said it has formed a jointly owned company with affiliates of the world’s largest ship owner, COSCO Shipping Group. The Marshall Islands company, SEACOSCO Offshore LLC, entered into contracts for the purchase of eight Rolls-Royce designed new construction platform supply vessels (PSV) from COSCO Shipping Heavy Industry (Guangdong) Co., Ltd. Six of the PSVs are of UT 771WP design (4,400 tons deadweight), and two are of UT 771CD design (3,800 tons deadweight).
D-Day Ship Turned Ferry Repowered
As part of the June 6, 1944 Normandy landings, the USS LST-510 (landing ship for tanks) delivered 200 GIs, and 70 tanks and jeeps to Omaha Beach. She then anchored offshore to serve as an impromptu hospital ship for the over 150,000 Allied wounded. For three months following the invasion, she ferried injured soldiers back to England and supplies back to the front, evading German U-boats and dive bombers. She was awarded a Battle Star for her meritorious participation. Thought to be the last D-Day ship still in active service…
Pankaj Khanna Appointed As CEO of Ocean Rig
Pankaj Khanna has been appointed as President and Chief Executive Officer of Ocean Rig UDW, a global provider of offshore deepwater drilling services, effective January 1, 2018. Khanna is 47 years old with 29 years of varied experience in the maritime & offshore industry. He last served as Chief Executive Officer of Pioneer Marine Inc, a drybulk company that he founded in 2013. Prior to his position at Pioneer Marine Inc Khanna served as Chief Marketing Officer at Ocean Rig UDW Inc. from January 1, 2012 to October 2, 2012. Mr. Khanna served as the Chief Operating Officer of DryShips, Inc.
MARAD Awards $17.1m in Shipyard Grants
The U.S. Department of Transportation’s Maritime Administration announced $17.1m in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program. “Small shipyards are vitally important for the health of the maritime industry, and for the nation’s economy,” said Secretary of Transportation Ray LaHood. The purpose of the grants is to make capital and infrastructure improvements that facilitate the efficiency, competitive operations, and quality in ship construction and repair. Small shipyards fall into two categories: those with fewer than 600 employees, and those with between 600 and 1200 employees. All but two of the recipients announced have fewer than 600 employees. • William E. • Bay Shipbuilding Co.
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.
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.
Awarded: $17.1m in U.S. Shipyard Grants
The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program. “Small shipyards are vitally important for the health of the maritime industry, and for the nation’s economy,” said Secretary of Transportation Ray LaHood. The purpose of the grants is to make capital and infrastructure improvements that facilitate the efficiency, competitive operations, and quality in ship construction and repair. Small shipyards fall into two categories: those with fewer than 600 employees, and those with between 600 and 1200 employees. All but two of today’s recipients have fewer than 600 employees. -William E. -Bay Shipbuilding Co.
American Salvage Association Names New Officers
The American Salvage Association (ASA) has elected a new slate of officers at its fall meeting on September 21 in Stamford, Conn. Todd Schauer, Resolve Marine Group was elected President, succeeding Paul Hankins, Donjon Marine Co., Inc., who served as President from 2013-2015. Jim Elliott, T&T Marine Salvage, Inc., was elected Vice President, and David DeVilbiss, Global Diving & Salvage, Inc., was named Secretary/Treasurer. In addition, James Calhoun (T&T Salvage, Inc.), Samina Mahmood (Ardent)…
Shearer & Assoc., Bristol Harbor Form The Shearer Group
Ed Shearer, P.E., President of Shearer & Assoc., Inc., and Greg Beers, P.E., President of Bristol Harbor Group, Inc., have announced the formation of The Shearer Group, Inc., a new corporate entity that will provide naval architecture, marine engineering, marine surveying and professional engineer services to clients in the inland and offshore marine industry. The Shearer Group, Inc. is a combination of the best of what Mr. Shearer has spent the past several decades building at Shearer & Assoc., Inc.; and that which Mr. Beers and his partners Cory Wood and Andrew Tyska have built at Bristol Harbor Group, Inc. over the past 15 years.
Coastal Towing Announces New Refinancing
Coastal Towing, Inc., announced today the consummation of a $28 million senior term loan with the CIT Group/ Equipment Financing, Inc., Heller Financial Leasing, Inc. Pursuant to this transaction, the Company refinanced senior term debt under existing agreements with CIT and Wells Fargo Bank, N.A. In addition, the loan will be used to facilitate Coastal?s barge construction program. Dennis D. Buffo has joined Coastal Towing, Inc., as vice president of maintenance effective October 1. With over 29 years in the maintenance area of the marine industry, he will be responsible for all of Coastal's boat and barge maintenance. Buffo holds a B.S. degree in Marine Engineering from the United States Merchant Marine Academy in King's Point, N.Y.
OSMA Elects New Officers
The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc.; Hank Danos, president and CEO of Danos & Curole Marine Contractors, Inc.; Marilyn Muchowich Stanley, president of Offshore Oil Service, Inc., Janson Graham, president of C&G Boat Works, Inc., and Robert M. Thompson, Sr., CEO of the Cross Group Ltd.
Fireman's Fund Appoints Marine Loss Control Director
Tim Donney has joined Fireman's Fund McGee Marine Underwriters at the company's New York City headquarters as Marine Loss Control Director. A 25-year veteran of marine loss control, Donney will manage the loss control services provided by this leading marine insurer, which includes the largest internal ocean marine loss control staff in the industry. Donney, who was previously the president of Hull & Cargo Surveyors, Inc., most recently served as the Director of National Operations for the Marine Division of Intermodal Transportation Services, Inc. (ITS).
Keppel's Philippine Units Complete Consolidation
Philippine units of Keppel Corporation have reportedly completed the restructuring of their operations, which called for a consolidation of Keppel's domestic marine interests into Keppel Philippines Marine Inc. (KPMI), and a consolidation of Keppel's property interests in the Philippines into Keppel Philippine Properties Inc (KPPI). Under the restructuring, KPPI transferred all its marine interests to KPMI, including 62.5 million shares in Subic Shipyard and Engineering Inc. and 656,838 shares in Consort Land Inc., which manages the shipyard's lot, in exchange for 100.5 million new KPMI shares. KPPI also transferred all of its 159.2 million shares in KPMI to Keppel Philippines Holdings Inc (KPHI). KPMI is now 55 percent owned by KPHI and the rest by the investing public.
Fincantieri Forms New Company in U.S.
Italian shipbuilding powerhouse Fincantieri has formed a new company, Fincantieri Marine Systems North America, Inc. FDGM, Inc., the U.S.-based subsidiary of Fincantieri, will be absorbed by this new company. The establishment of this new company is part of the vision of the Fincantieri CEO Giuseppe Bono to enlarge its presence in the global maritime market. Drawing on the vast resources of the parent company and forming strategic partnerships with other U.S. companies, Fincantieri Marine Systems North America, Inc. is uniquely qualified to provide fully engineered and integrated propulsion systems and machinery plant solutions to the U.S. shipbuilding industry for naval and commercial vessels. Service to the U.S.
American Equity Safety Awards Announced
The American Equity Underwriters, Inc. (AEU) 2011 Safety Awards were presented at the annual American Longshore Mutual Association (ALMA) Conference in Grand Cayman on July 30, 2012. 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 each calendar year. The award is an acknowledgement that these companies are leaders in the most important aspect of business operation – protecting employees from injury or death. This is the one effort that should lead all others as businesses strive for improved results and better performance. Marine Cargo Handling: International Transportation Service, Inc. Marine Cargo Handling: Levin Enterprises, Inc. Marine Cargo Handling: Schaefer Stevedoring, Inc.
VT Halter Marine Delivers Second Tug for OSG
VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced the delivery of Endurance, the second 8,000 hp Articulated Tug Barge (ATB) tug to Overseas Shipholding Group, Inc. This is part of a contract that VT Halter Marine signed with OSG in April 2010 to complete two tugs over 16 months at the former’s Moss Point Marine shipyard. The first tug, Courageous, was delivered in June 23, 2011. Both Courageous and Endurance are capable…
MSCGI Signs Agreement to Acquire Heidmar
Morgan Stanley Capital Group Inc. (MSCGI), has reached a definitive agreement to acquire the Heidmar Group of companies, including Texas-based Houston Marine Services, Inc. (Heidmar). The acquisition is expected to close during MSCGI’s fiscal fourth quarter, subject to the customary closing conditions, such as regulatory and antitrust reviews. Financial terms were not disclosed. Under terms of the transaction, Per Heidenreich will continue to serve as non-executive chairman; Tim Brennan will continue as president of Heidenreich Marine Inc.; Jim Bailey will continue as president of Heidenreich Lightering Services Inc. and Houston Marine Services…