Page 60: of Marine News Magazine (August 2014)

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Mainzer Straße 99, 56322 Spay

Rhein, Germany

Telephone: 49 2628 610

E-mail: [email protected]

Website: www.schottel.de

CEO Scottel GmbH: Dr.-Ing. Gerhard Jensen

Number of Employees: 1,950 +

The Company:

The Schottel Group, with its head- quarters in Spay/Rhine, is one of the world’s leading manufacturers of pro- pulsion and steering systems for ships and offshore applications. Founded by Josef Becker in 1921, the company develops and manufactures azimuth propulsion and maneuvering systems, complete propulsion systems with power ratings of up to 30 MW and steering systems for vessels of all sizes and types.

The Case:

Schottel has a widespread global presence, with approximately 100 sales and service locations worldwide. The company designs and manufactures an extensive assortment of products for a wide range of vessels, from tugs, cargo ships and passenger ferries, to jackup rigs, military craft and yachts. 10 MacNaught Street

North Kingstown, RI 02852

Telephone 401 295 0373

E-mail: [email protected]

Website: www.senescomarine.com

Interim CEO: Frederick G. Frost

President and COO: Robert Jarvis

The Company:

Senesco Marine LLC builds double- hulled barges, tugboats and other ves- sels, as well as offering repair work and dry dock services. Senesco Marine got its start in 1999 building small deck barges, quickly making a name for itself as a premier shipyard for new construction and vessel repair in the

U.S. Northeast. Incorporated in 2006, the shipyard has expanded to build larger barges and enter the tug build- ing market, recently delivering two of the world’s fi rst Facet Tugs, leading the company into aluminum fabrication.

The Case:

Consisting of 26 acres of Narragan- sett Bay waterfront property, Senesco

Marine has created a small but highly effi cient shipyard capable of produc- ing several types of vessels. Senesco

Marine has built and delivered more than a dozen 80-100,000 barrel dou- ble-hulled tank barges, with a new line of 60K barrel double-hulled tank barges currently under construction.

Schottel GmbH

Senesco Marine LLC

August 2014 60 MN 50-65 MN Aug14.indd 60 7/18/2014 1:42:29 PM