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Turnkey Services News

10 May 2023

Welin Lambie to Supply Davits for US Navy's Ford Class Carriers

(Image: Fairbanks Morse Defense)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a purchase order by Newport News Shipbuilding to supply four davits through Welin Lambie for the Ford Class aircraft carriers CVN 80 and CVN 81 (two davits per vessel). The award follows the supply of davits for CVN 78, which just entered service, and CVN 79, which is currently under construction. “This contract reinforces FMD’s position as a critical supplier to its core naval defense customers,” said Jay McFadyen, FMD’s Chief Commercial Officer.

17 Aug 2022

FMD, DECK Strike Deal to Co-Develop 'Intelligent' LARS

Image courtesy Fairbanks Morse Defense

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), is expanding its capabilities to serve unmanned marine vehicles (UXV) through a licensing agreement with DECK Marine Systems (DECK), a developer of systems to deploy and recover vessels and sensors. Through the agreement, FMD and DECK will co-develop an intelligent launch and recovery system (LARS) for use with UXVs, and FMD will have an exclusive license to sell and service DECK’s LARS…

05 Apr 2022

Hunt Valve Wins Spare Parts Deal for Ford Class Aircraft Carriers

(Photo: Jackson Adkins / U.S. Navy)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, said it has been awarded a contract by Newport News Shipbuilding (NNS) to provide essential parts through Hunt Valve for the Ford Class aircraft carriers CVN 78 – CVN 81.Hunt Valve, acquired by Fairbanks Morse Defense in 2021, manufactures valves and electromechanical actuators for naval defense applications. The contract, valued at approximately $2 million, covers parts that will be delivered during the second and third quarters of 2022.

11 Mar 2022

From Cruise Ships to Condos, Meyer Group JV Aims at the Floating Real Estate Biz

Photo courtesy MEYER Floating Solutions

MEYER Group, aleading shipbuilding consortium with three modern, large-scale shipyards in Europe, has joined forces with ADMARES Marine, a leader in floating real estate, to form a new joint venture. Headquartered in Turku, Finland, MEYER Floating Solutions is focused on developing and manufacturing high quality floating real estate.“MEYER Group had recognized great potential in the floating solutions business and identified ADMARES Marine as the market leader in this developing industry.

19 Jan 2022

Fairbanks Morse Defense Acquires Maxim Watermakers

(Image: Maxim Watermakers)

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Maxim Watermakers, a privately-owned provider of desalination and water treatment technologies for marine defense applications based in Shreveport, La. The company’s water treatments systems, which provide life-sustaining water for crews during ship deployments, position Maxim as an essential addition for FMD to provide turnkey onboard solutions and global technical support that ensure crews are always mission ready.“What we do is critically important to the safety of our nation and the world…

10 Jan 2022

Fairbanks Morse to Supply Engine Parts for USCG Icebreaking Tugs

(Photo: Todd Manow / U.S. Coast Guard)

Fairbanks Morse Defense announced on Monday it has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Coast Guard (USCG) Surface Forces Logistic Center. The agreement, worth up to $13 million, makes FMD the required source of supply for all Opposed Piston (OP) Engine Parts listed in the contract’s schedule of supplies. These parts primarily support OP engines on nine 140-foot Bay Class Icebreaking Tugboats (WTGBs).Since 1977, WTGBs have been used as critical icebreakers on many Northeast and Midwestern U.S.

09 Feb 2021

Crowley, Watco Team Up to Support Growing U.S. Offshore Wind Industry

Credit: Crowley

Two U.S.-based maritime & offshore services and logistics companies Crowley and Watco, are teaming up in the space of the emerging offshore wind industry in the country.In a statement on Tuesday, the two firms said they'd create a single-source terminal and supply chain management solution to support the emerging offshore wind industry."With the growing number of wind projects planned for U.S. waters, the partnership brings together industry-leading project management and logistics experts who can provide a “one-stop-shop” for owners…

16 Oct 2017

Campbell CEO Stephaich Weighs in on All Things Inland

Peter H. Stephaich is Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company. Peter is also on the Board of Directors of Blue Danube, a position that he has held since 1982. If today he isn’t the most familiar name on the domestic waterfront, then perhaps, he should be. Serving the barge industry for over 30 years in a number of key roles, he also counts among his many qualifications his tenure(s) as Past Chairman and Past Treasurer of the American Waterways Operators (AWO), Past Chairman and Trustee of the National Waterways Foundation, Vice Chairman and Executive Committee of Waterways Council (WCI) and as Commissioner and Vice Chairman of the Port of Pittsburgh Commission.

02 Apr 2015

Ship Management and Technology

Image courtesy: Unicom Management Services (Cyprus) Ltd.

Technology is central, not merely an add-on, to ship manager brand value. Ship managers who operate vessels on behalf of their owner clients, are the lynchpin of international shipping. As the industry has gone through rounds of relentless cost cutting, at times of increasing regulatory scrutiny, and commercial pressures for high standards, third party managers have filled the need for raising quality, while maintaining tight cost controls. The rise of third party managers in the 1980s and 1990s…

03 Jun 2014

McQuilling Secures India Foothold with Seaways Shipping

Transportation and consulting services firm McQuilling Partners, Inc. says it has reached an agreement with Seaways Shipping and Logistics Limited (SSLL) to establish Seaways McQuilling Private Limited. Through offices located in Mumbai and New Delhi, the core business of the company will be to provide tanker, dry bulk, chemical and offshore brokerage services, as well as research and logistics consultancy within India and its related markets. McQuilling Partners and its companies has delivered over forty years of international marine transportation services and consultancy experience to Seaways McQuilling Private Limited, while Seaways provides over two decades of integrated shipping and logistics expertise to the partnership, specifically in India. Capt. Capt. P.V.K.

11 Sep 2013

Structurearine Adds Latin America Sales Manager

Thomas Verriere

To capitalize on growth opportunities in the evolving Central and South American markets, Structurmarine said it has appointed Thomas Verriere its sales manager for Latin America. The company's global turnkey services for marina projects include site analysis, engineering and installation. A native of France and a graduate of the University of Oklahoma – Law School and the EM Lyon Business School, Verriere has applied his background in business and law to various industries, specializing in developing emerging markets in Asia, Africa and the Middle East.

24 Sep 1999

Global Industries to Acquire ETPM

Global Industries, Ltd. has signed a definitive purchase agreement to acquire ETPM, SA, a leading international offshore construction company wholly-owned by Groupe GTM, the construction affiliate of French utility Suez Lyonnaise des Eaux. The combined company will be the largest offshore construction company in market capitalization with combined 1998 revenues of approximately $1.3 billion. ETPM provides a full range of turnkey services, including design, procurement, fabrication, installation and commissioning of offshore platforms and pipelines. ETPM will be combined with Global's current international operations to create a new International Division. Pierre Laborie, ETPM's current president and COO, will head the new division.