Great Lakes Dredge & Dock Moving Its HQ to Houston
Great Lakes Dredge & Dock Co. announced Thursday it is moving its corporate headquarters to Houston, positioning the nation’s largest dredging services provider nearer to major regional projects and opportunities. The firm will also open regional offices in Jacksonville, Fla., and Staten Island, N.Y.The move to Houston from from Oak Brook, Ill., which stems in part from changing industry dynamics, places the company closer to key regional customers and new markets, especially along the Gulf Coast and the Mississippi River…
Port of Corpus Christi Readies VLCC Terminal
The fourth-largest port in the United States in total tonnage, Port of Corpus Christi has leased land where it hopes to build the nation's first export terminal to load very large crude carriers (VLCC).The Port of Corpus Christi Commission approved today a long-term (50-year) lease agreement with Lone Star Ports, a joint venture between the Carlyle Group and the Berry Group, for approximately 200 acres on Harbor Island to develop a state-of-the-art petroleum export terminal.Featuring the latest in safety, security and environmental technologies, the facility will connect U.S.
US Oil Export Boom Sparks Battle to Build Texas Ports
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years.Of seven proposed oil-export projects, nowhere is the opportunity greater or the competition more fierce than in Corpus Christi, Texas, where three firms are vying to open the state's first deepwater port.Commodities trader Trafigura has taken an early lead with a planned offshore facility that has an easier…
Magellan Bids to Build U.S. GoM Oil Export Terminal
Magellan Midstream Partners LP on Thursday became the latest company to join a crowded group looking to build an oil export terminal on the U.S. Gulf Coast designed to load supertankers.U.S. oil exports are expanding rapidly, but volumes are constrained because the country's shores have limited capability to load giant vessels that can carry about 2 million barrels of crude oil.Numerous companies - including private equity firm Carlyle Group and commodities merchant Trafigura…
Corpus Christi Port to Build Oil Export Terminal
Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U.S. oil industry struggles to keep up with record levels of production, driven by the Permian shale patch in West Texas. Both international buyers and American producers are waiting for export capacity to increase.Corpus Christi has its own plan to expand operations to handle larger export tankers.
Drydock Vigilant Expected at Vigor Seattle
The 14,000-long ton capacity drydock Vigilant that will support hundreds of family-wage industrial jobs at Vigor Industrial’s shipyard on Harbor Island is scheduled to arrive in Elliott Bay late Saturday or early Sunday. The 528-foot long drydock, which is being towed from Portland by tugs from Seattle’s Harley Marine Services, will enable Vigor to continue to compete with California and U.S. Gulf Coast shipyards for ship repair, maintenance and construction contracts. The Vigilant replaces a sister drydock that was decommissioned in February.
America's Last Manned Lighthouse to be Renovated
Plans to commence a $1.1 million project to repair and renovate structures at Boston Light in order to honor the 300-year service and iconic value of Boston Light to the Coast Guard’s maritime heritage have been announced. The project, outlined during a public presentation by lighthouse keeper Sally Snowman, is intended to preserve the structural integrity of the lighthouse tower and surrounding buildings and assists in preparing for the light station’s upcoming tricentennial celebrations in 2016.
Shipbuilding: Vigor Industrial Grows Stronger
Vigor Industrial has ballooned from a modest shipyard in Portland, Oregon, to the largest shipbuilder in the Pacific Northwest and Alaska. Vigor increasingly thinks big and builds big. The company’s new floating dry dock will be the largest in the United States. And Vigor wants to get even bigger. CEO and owner Frank Foti expresses an ambition to grow to twice the current size in the “next few years.” Foti, who is also chairman of the Shipbuilder’s Council of America, says he is, “striving for critical mass.
Vigor Industrial: A Rising Star in Shipbuilding in the Pacific Northwest & Alaska Arctic
“There is a resurgence of the marine industry in the Pacific Northwest we haven’t seen for 20 to 30 years now,” said Vince Piscitello, Vice President of Business Development for Vigor Industrial LLC. “The oil and gas industry is really new to our area,” he said, although he expects to see it grow significantly with Shell’s exploration of the Chukchi and Beaufort Seas off Alaska’s northern coast. State run ferry operations in Washington and Alaska are at a point where they must renew fleets built in the 50s and 60s.
Vigor to Acquire Alaska Ship & Drydock
Vigor today announced its plan to acquire Alaska Ship and Drydock Inc. (ASD), further consolidating the business of ship repair on the U.S. West Coast. ASD intends to transition its business and assets to Vigor pending approval of the transfer of ownership by the Alaska Industrial Development and Export Authority (AIDEA), the owner of the Ketchikan Shipyard where ASD is based. The private companies hope to finalize their agreement on or before March 1st. ASD would operate the Ketchikan Shipyard (KSY) as the Alaska Ship & Drydock LLC subsidiary…
Quigley Named President of US Fab
Kevin Quigley, who built VIGOR’s Everett Shipyard into one of the largest dockside repair centers in the Pacific Northwest, has been named president of VIGOR’s US Fab division. Quigley will oversee all of VIGOR’s new ship construction including ferries, advanced Coast Guard cutters, barges, fishing and cargo vessels. As US Fab president, he also will direct the company’s growing land-based and alternative energy fabrication projects. “The people who’ve built this company have been building ships for nearly a hundred years,” Quigley said.
Bryan Nichols Joins Growing Vigor Shipyard Sales Team
Bryan Nichols, one of the leading maritime business development professionals in the Pacific Northwest, is joining forces with VIGOR Industrial, which owns and operates the premier shipyards in the region. Nichols joins VIGOR as a sales representative for the company, which builds, repairs and modernizes commercial fishing and cargo vessels, ferries and military ships at six locations in the Northwest. Nichols had been sales and marketing manager at Nichols Brothers Boat Builders of Whidbey Island, Wash. “Joining VIGOR is an exciting next step for me,” Nichols said.
SeaKits for Boston’s Best Cruises
SeaKits, the developer and provider of the Marine Maintenance System (MMS), has signed an agreement with Boston’s Best Cruises to provide the company’s two workboat fleets with their turnkey MMS Fleet Solutions. SeaKits and Boston’s Best Cruises met at the Passenger Vessel Association meeting in February and began discussions of implementing Fleet Solutions into their Boston and Ft. Lauderdale based fleets. The Boston fleet’s maintenance program will begin operations with MMS by the end of April.
McClure Secures Port Aransas Ferry Assignment
Alan C. McClure Associates (ACMA), a naval architecture and engineering firm, recently announced that the company has been selected to develop shipyard construction-level detail drawings for the next generation of TxDOT ferries. ACMA will also be responsible for ABS and USCG compliance, as well as weight monitoring for assembly lifts during the construction period. The 160-ft double-ended, geared diesel-powered automobile and passenger ferries will have the ability to carry approximately 28 vehicles and 150 passengers.