The American Ship Building Company has received a $40-million contract for. the construction of barges and towboats, it was announced by Jacob O. Kamm, president.
"This is the largest single contract ever received by our Nashville Bridge Company, the division which will build the barges and towboats," Mr. Kamm said.
The contract calls for construction of 48 double-skinned barges and four 6,150 horsepower towboats.
The barges will be used to haul fuel oil for the Commonwealth Edison Company of Chicago.
"We now have a backlog at Nashville in excess of $103,000,000 for barges and towboats;" William H. Barton Jr., president of the division, said.
The American Ship Building Company is involved in the construction of ships, barges and towboats used in serving energy oriented industries. The company has shipyards on the Great Lakes ahd in Tampa, Fla., as well as at Nashville, and is currently building a new plant at Ashland City, Tenn., to construct hopper barges. Its common shares are traded on the New York Stock Exchange.
receive $70 million in cash and a $27-million subordinate note of U.S. Lines bearing 10 percent annual interest. At the closing, Kidde will also own a new U.S. Lines voting preferred stock convertible into 20 percent of U.S. Lines common stock and paying dividends equal to 20 percent of the net income
Tidewater Inc., 1440 Canal Street, Suite 2100, New Orleans, La. 70112, has announced that it has reached an agreement in principle with Angelina Casualty Company of Lufkin, Texas, for Tidewater to acquire Angelina for the equivalent of $3,650,000 in the form of Tidewater common stock. The exact
affiliates providing products and services for utility, construction and industry. Sales for 1976 were $209 million. Stock is traded on the New York Stock Exchange
problems stem from cost overruns on a number of oil rigs it is building, said it plans to reschedule the call. Shares fell $1.52 to $0.90 cents on the New York Stock Exchange the day after it disclosed it was carrying $107.7 million in overdue debt. In an SEC filing, the company said if it can't renegotiat
in or near Seattle, San Francisco, Los Angeles, Houston, Galveston, New Orleans, and Brooklyn. The company is listed on the New York Stock Exchange
Tampa Ship Repair & Dry Dock Company recently dedicated its huge new drydock in ceremonies at the Hookers Point location in Tampa, Fla. Florida's Governor Askew gave the principal address prior to the unveiling of a bronze plaque to commemorate the event. Constructed at a cost of $23 million
discharged or recycled. Newpark Ship is a wholly owned subsidiary of Newpark Resources, Inc., an energy services company listed on the New York Stock Exchange
do a project. So what’s next for Hoegh? Well, 2016 saw new contracts plus equity raising in New York and financing in Oslo. We need both the New York Stock Exchange and Oslo Stock Exchange to finance our projects. We always have the equity portion (USD100 million) in the bank when we’re ordering a new
swept the first place Class A safety awards for both land and offshore operations. It is a subsidiary of Noble Affiliates, Inc., which is listed on the New York Stock Exchange. Levingston Shipbuilding Company is internationally known as one of the pioneers in the construction of offshore drilling rigs
. Great Lakes Dredge & Dock Company, the largest dredging contractor in the Western Hemisphere and one of the largest in the world, is listed on the New York Stock Exchange. In addition to the corporate headquarters in Chicago, 111., the company maintains offices on the Atlantic, Pacific and Gulf
, while still being able to keep independent listings on the exchange. (Royal Caribbean is currently listed on both the Oslo and New York Stock Exchanges, while P&O Princess is traded via the London Stock Exchange). The newly equal company, of which RCCL holds a 49.3 percent share, with P&O
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most expansive testing facility in the marine industry. NVH is the engineering practice of study- MTU Engines Power ing noise, vibration and harshness New Foss Tugs MAN’s IMO Tier III Engine characteristics; ensuring the quietest Pac
PEOPLE & COMPANY NEWS Everett Ship Repair ECR Reinhart operation is ef? ciency: the elevators can unload 20,000 bushels – or 20 trucks – per hour, far eclipsing the previous capability of one truck per hour. “This project, combined with the investments we are making at Richmond Marine Terminal and
PEOPLE & COMPANY NEWS HII WCI National Waterways Foundation Mecklenborg Calhoun Woodruff Stephaich Calhoun Toohey Toohey Harris, Petters, Beckstoffer Gaskill tion of all ? eld installations and will gram designed to shape the future of NWF Elects Trustees, Of? cers coordinate temporary jobsite
PEOPLE & COMPANY NEWS Massport McCarthy Holvik Barrie Fitzpatrick Meyran Schmaltz Wieland Verble ter of Science degree in Environmen- (Massport) Board of Directors voted to on November 8th, 2019. Joining Rob- tal Science from UNC Chapel Hill. make Michael Meyran the Authority’s ert Allan Ltd.
PEOPLE & COMPANY NEWS Volvo Penta Port of Oakland Bjuve Lytle Huibers Wan Calhoun Tomley tors and today, serves as Secretary of Changes to Volvo Penta the National Waterways Foundation. Executive Group After 26 years with Volvo and 7 as Pres- Port of Oakland names ident of Volvo Penta Americas
Jensen Maritime maneuverability and operability. Vessels capable of ? ghting Moose Boats M2-38 Fire Rescue Catamaran ? res from the water is not a new concept; over the years LOA: 38’-10” SAFE has helped agencies around the country – and the Propulsion: (2) Cummins QSB6.7-425 mhp world – add technology
FIREBOATS Metal Shark on the Move De? ant-class pilothouse ? reboats currently in production. The impressive new Canaveral ? reboat is a 70’ x 22’ Signi? cantly, the new Miami-Dade ? reboats are being welded aluminum monohull pilothouse vessel designed by built alongside a diverse assortment of
Fireboats, T e Heat is On By Joseph Keefe These days, cost-conscious municipalities across the fruited plain, from sea to shining sea, are ordering new wa- terborne assets to cover their many local responsibilities. When they do, they want ‘more bang for their buck,’ combining multiple missions – and
for the project Steamship Company and Fincantieri Bay Shipbuild- include ABS, EMD Engines, Caterpillar, Lufkin (a GE ing of Sturgeon Bay, Wisconsin. The new River-Class, Company) and MacGregor. self-unloading bulk carrier will be the ? rst ship for U.S. There are many notable features of this new design
GREAT WORKBOATS I and is Classed by ABS as a High-Speed Craft with DP-2 Association in Freeport, Texas. The new vessel, Brazos Pi- and Fire-Fighting Capability notations. Libby L. McCall lot, is a De? ant-class monohull pilot boat both designed was constructed by Gulf Craft in Franklin, LA. and built by
working towards HYBRID CATAMARAN expending the ? eet with a second vessel with the intent to The EV Captain Ben Moore a 19.2 meter Incat Crowther serve New York City, Hunts Point and the Mid Hudson designed catamaran was delivered from Derecktor Shipyard in Mamaroneck, New York on September 3rd, 2019
GREAT WORKBOATS T T B 10 2019 2019HEHE EST OF OF This month, MarineNews showcases the ten best of North America’s 2019 workboat deliveries and designs. Domestic shipyard production – across a wide spectrum of missions, hull types, propulsion and design innovations – continued at a good clip in 2019.
making process certainly is complicated – per- still a work in progress. A big part of the domestic offshore haps intentionally. And, as a result, as the New Year edges wind discussion involves the Jones Act. U.S. offshore opera- ever closer, OMSA is closely monitoring developments tors want to be a part
Tier 3 engines pro- the mixed issues of power, performance and safety. Erwin vide that power and speed. Thompson, for example, with Houma,LA-based LeBeouf New Tier 4 engines are bigger and new pollution hard- Brothers Towing, conveyed support for EPA’s proposed ware demands even more space. Hence, the EPA
to a Marine Evacuation System. Credit: CMLF By Derek Robinson s domestic traf? c from coast-to-coast continues to thority, completed the installation of a new MES aboard worsen, ferry operators are seeing a steady growth all three vessels in its ? eet; namely, the MV Delaware, MV Ain passenger demand. As
for 211 days, shattering the previous record set during but downplayed them because high river on the Missis- the 1927 Flood (135 days). The stage level at New Or- sippi River Ship Channel typically holds until March or leans was above 11 feet for 292 days even with the Bonnet so. Little did we know we were
program through FY 2035, and increasing the an- (MARAD) Small Shipyard Grant Program. nual stipend to $5.3 million per vessel starting in FY 2022 While the news was positive for U.S.-? ag operators and (with additional escalators in FYs 2026, 2029, and 2032). The program’s extension should be welcome news
comprised of more 50 companies operating more than 400 dredges. The dredging capacity of this ? eet has recently in- creased by 34% with the addition of new hopper dredges. In addition, the industry will build additional dredges when the Federal Government in- creases the long-term funding for dredging
liner, break-bulk and stevedoring groups. Those skills and attri- The International Propeller Club of the United States butes will serve him and his new constituents well, as he (IPCUS) was started in 1927 to promote the maritime in- embarks on his latest professional journey. dustry both on a national
be exact) since But wait: there’s more! It’s also true that there is virtually we last took a look at the U.S. mariner population, its nowhere for these new mariners to ship out (blue water make-up and tried to make some sense of it all. And, since style) as the U.S.