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Saturday, August 17, 2019

Signet Maritime Corporation News

Signet Continues US Expansion

Signet continues Gulf of Mexico expansion and opens U.S. Signet Maritime Corporation informs it has completed Phase II of a $250 million capital expansion program with the acquisition and integration of the Harvey Gulf OTV fleet. The corporate strategy was to design and own vessels for multidisciplinary work, and diversify with the addition of the powerful offshore vessels, enabling Signet to broaden its services into new market segments, the company explained. Continuing this U.S.

Shane J. Guidry, Chairman & CEO, Harvey Gulf (left) and J. Barry Snyder, President, Signet Maritime sign closing documents on May 15 at Harvey Gulf International Marine in New Orleans, Louisiana for the sale of Harvey’s Offshore Towing Division to Signet Maritime.

Signet Buys Harvey Gulf's Towing Division

Harvey Gulf International Marine has sold its towing division to Signet Maritime Corporation. Through the deal, Signet will acquire eight offshore towing vessels (OTVs) ranging in size from 75 to 153 metric tons bollard pull. The sale will encompass all Harvey OTVs, spares, business and supplies. The transfer of OTV ownership was completed on May 15, 2014 in New Orleans, Louisiana with financing provided by Wells Fargo Equipment Finance as part of a $209 million syndicated financing facility.

Artist's Impression courtesy of Signet Maritime

Tugboat Fleet Expansion by Signet Maritime

Signet Maritime Corporation contracts Patti Marine Enterprises, Inc. in Pensacola, Florida, to construct tow Robert Allan designed tugs. Construction commenced in November 2012 with an expected delivery of December 2013 for the first vessel and March 2014 for the second vessel. Continuing the longstanding Signet tradition of naming vessels in honor of America’s Cup winners, the new RAmparts 3200 ASD tugs will be named M/V Signet Intrepid and M/V Signet Vigilant. These vessels…

TY Barge Launch: Photo credit TY Offshore

Tank Barge Launched for TY Offshore

TY Offshore Launches FMT 3248, the fourth of fourteen FMT Industries Barges built at TY's Gulfport, Mississippi facility. TY Offshore, LLC announce the launch of FMT 3248, the fourth of fourteen 297’6” x 54’ x 12’, 30,000 barrel tank barges for FMT Industries, LLC, one of the several companies within the Florida Marine Group (Florida Marine). FMT Industries has recently exercised its option for four additional barges from its original order of ten. Additional barge launches follow on at thirty day intervals.

TY President John Dane lll Workboat Show 2012 Keynote Speaker

John Dane III, President and CEO of TY Offshore, LLC & Trinity Yachts, LLC delivers 'Shipyard Day' show keynote speach. The show's 'Shipyard Day' keynote address is from John Dane III, President and CEO of TY Offshore, LLC and Trinity Yachts, LLC, during the 2012 International Workboat Show in New Orleans, Louisiana. John Dane's TY Offshore, currently builds offshore supply vessels, patrol craft, tug boats, oil skimmers and inland oil tank barges, while Trinity Yachts is one of the world's leading builders of megayachts to 330 feet.

Signet Promotes Captain Porter

31-Year Veteran Assumes General Manager, Traffic and Business Development Post. Signet Maritime Corporation—a global provider of vessel services and logistics—is pleased to announce the promotion of Captain Cliff Porter to the position of General Manager, Traffic and Business Development. “We are pleased to recognize Cliff’s valuable contributions over the past 31 years with this well-deserved and hard-earned promotion. Given his years of experience and expertise in the industry, strong alliances have been successfully maintained and new partnerships have been built.

Captain Cliff Porter: Photo credit Signet

Signet Maritime Promotes Captain Cliff Porter

Signet Maritime Corporation, vessel services & logistics providers, promote 31-year veteran  as General Manager, Traffic & Business Development. Previously Senior Manager of Traffic and Business Development for Signet’s Pascagoula Division, Porter will assume the responsibilities for vessel utilization, job direction and business revenue maximization for all seagoing fleet vessels in the Brownsville, Ingleside and Pascagoula divisions. A licensed Master of Towing, Porter joined Signet Maritime Corporation in 2010 when Signet acquired the business and assets of Colle Towing Company, Inc.

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.

Trinity Offshore Re-Brands as TY Offshore

John Dane III presented TY Offshore to the maritime industries. The re-branding of the company from Trinity Offshore to TY Offshore is intended to provide clear market positioning for the leading Mississippi-based designer and builder of commercial tugs, offshore barges, oil spill response, patrol and oil field support vessels from 10 meters to 95 meters (33’ to 312’) in length. The name change is also intended to delineate the company from Dallas, Texas-based Trinity Industries, Inc.

TO-22 RAstar 3100 Launch

Trinity Offshore Launches RAstar 3100 Class Escort Tug

Trinity Offshore, LLC announces today the August 30, 2011 launching of  Hull TO-22, SIGNET CONSTELLATION, a 100’ (30.48m) RAstar 3100 Class Terminal Support/Escort Tug, built for Signet Maritime Corporation’s U.S. Gulf of Mexico operations. Signet will own and operate the vessel to provide marine services to Angola LNG Supply Services (ALSS) at the Port of Pascagoula, Mississippi. Following the Signet tradition of naming its tugs honoring America’s Cup winners, CONSTELLATION, winner of the 1964 America’s Cup over SOVEREIGN…

Photo courtesy Graphique, Inc.

Angola LNG, Colle Maritime 20 Yr Contract

Colle Maritime Company of Pascagoula Miss., a joint venture between Signet Maritime Corporation and Colle Towing Company, has been awarded a twenty-year contract to provide marine services to Angola LNG Supply Services LLC (ALSS) in the Port of Pascagoula, Miss. The agreement, to commence third quarter 2011, includes options to extend for up to ten additional years. Utilizing their combined expertise, the joint venture between Colle and Signet will construct two highly specialized terminal support/escort tugs that will each provide 80 metric tonnes of bollard pull.

Image courtesy Robert Allan Ltd.

RAstar Class Tugs for Angola LNG Contract

Colle Maritime Company, a joint venture between Signet Maritime Corporation and Colle Towing Company, has been awarded a twenty-year contract to provide marine support services to Angola LNG Supply Services (ALSS) in the Port of Pascagoula, Mississippi. The Signet/Colle joint venture will construct two RAstar 3100 Class Terminal Support/Escort Tugs to fulfill this important contract. The tugs, designed by Robert Allan Ltd. of Vancouver, BC, will each provide 80 metric tonnes of bollard pull.

Photo courtesy Signet Maritime

Colle Shipyard Contract, New ASD Tug

John H. Colle, Jr., President of Colle Towing Company, Inc., Pascagoula, Miss., announced that Signet Maritime Corporation has awarded a new-build contract to Colle Shipyard for construction of Signet Weatherly, a Robert Allan designed RAmparts 3200 105-ft x 38-ft by 17.7-ft ASD tug. The vessel will be built and classed to ABS Maltese Cross, AMS, Ocean Towing Service standards. She will be employed in Signet’s expanding US Gulf and overseas harbor, ship assist and ocean rig transport businesses.