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July 2015 Issue
New Subsea Tooling Facility in Houston
J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company Seatronics’s subsea electronics location in Houston, Texas.
The new facility marks the next stage in J2 Subsea’s global expansion plan. North American customers can now access a comprehensive suite of subsea equipment for diver and ROV applications. The new facility includes a workshop for tool preparation, servicing and support. It will provide torque tools, analyzers, cutters, manipulators, intensifier panels, grinders, dirty work packs, jetters and more.
KVH, Inmarsat Sign Distribution Contract
Inmarsat and KVH Industries Inc. signed a reciprocal distribution agreement, which is effective immediately.
Under the agreement, KVH becomes a nonexclusive, global distributor of Inmarsat’s Fleet One and FleetBroadband services, and Inmarsat becomes a nonexclusive distributor across all vessel types for KVH’s Videotel Basic Training Package, as well as for its NEWSlink newspapers within the leisure and nonpassenger merchant vessel segments.
Mah Wins BIRNS Scholarship
Jameson Mah is the winner of the annual BIRNS Debra K. Geist Memorial Scholarship. The Foothill Technology high school senior was honored at a ceremony where he received a scholarship award of $500 to be used toward his collegiate expenses. The program was founded to recognize local high-school students with strong leadership potential, committed to the pursuit of excellence in a business career. The scholarship is in memory of the late Debra Geist, BIRNS’s former purchasing agent.
Teledyne Supplies Oregon State with Explorer DVL
Teledyne RD Instruments supplied an Explorer Doppler velocity log (DVL) to Oregon State University’s School of Mechanical, Industrial and Manufacturing Engineering for a renewable energy project in partnership with the Northwest National Marine Renewable Energy Center.
Designed to provide high-quality navigation aboard small underwater platforms, the Explorer DVL will be integrated on a Teledyne SeaBotix ROV for a project that aims to minimize downtime during AUV deployments.
Matson Acquires Stock Of Horizon Lines
The previously announced acquisition of Horizon Lines, Inc., which includes Horizon’s Alaska operations and the assumption of all non-Hawaii business liabilities, has been completed by Matson Inc. Separately and immediately preceding the completion of the transaction, Horizon completed the sale of its Hawaii trade lane assets and liabilities to The Pasha Group for $141.5 million. Matson acquired the stock of Horizon for $0.72 per fully diluted common share, or $69 million, and repaid Horizon’s outstanding debt, for a total transaction value of $469 million (before transaction costs).
INTTRA Ocean Schedules Implemented by Kontainers
INTTRA has entered into an agreement with Kontainers, a U.K.-based e-shipping platform for small and medium enterprises. Under the agreement, Kontainers has integrated INTTRA’s Ocean Schedules Data Feed service into its existing platform, enabling its users to search and select from a network of more than 12 million ocean schedules from more than 35 of the world’s largest carriers. Ocean Schedules helps shipping professionals automate their schedule consolidation activities.
Program Provides Insurance for Out-of-Commission Vessels
The Master Port Risk Program has been launched by Fidelis Group Holdings LLC along with its subsidiary company Continental Underwriters Ltd.
The program is designed to provide hull and liability coverage for qualified vessels that are laid up and out of commission for an extended period of time. Under the program, insureds have the opportunity to remove their vessels from a navigating policy at a greatly reduced cost.
Aqueos Delivers Liveboating Vessel
Aqueos Corp. has delivered SPLASH, a special-purpose liveboat and survey hull, to address safety concerns with traditional methods of liveboating.
SPLASH is a state-of-the-art vessel with twin jet-drive propulsion and superior diving capabilities. This purpose-built vessel addresses and mitigates inherent hazards associated with liveboating. SPLASH is based on a durable, shallow-draft catamaran hull and power plant that produces a rugged, lightweight, stable, and high-speed vessel.
Imports at Normal Levels After Ratification of Contract
Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The Pacific Maritime Association and the International Longshore and Warehouse Union both voted in May to ratify a new five-year contract agreed to in February. The lack of a contract and operational issues led to crisis-level congestion at West Coast ports after the previous agreement expired last July.
AIS Data Service Gets a Boost
An alliance has formed between exactEarth Ltd. and Harris Corp. to provide a new level of AIS data service that will deliver real-time global coverage for maritime vessel tracking. The new service will leverage the persistent global coverage and real-time connectivity of the Iridium NEXT constellation through the implementation of 58 hosted payloads covering the maritime VHF frequency band.
Compatibility testing of the hosted payload with the Iridium satellites has been completed.
OneWater Marine Holdings Acquires Captain’s Choice Marine
Atlanta-based OneWater Marine Holdings LLC has acquired Captain’s Choice Marine Inc. on Lake Murray in Leesville, South Carolina. Alan and Melanie Giddens, former owners of Captain’s Choice Marine will continue to operate Captain’s Choice as a division of OneWater Marine Holdings. Captain’s Choice Marine will continue to operate under its current name and personnel.
Global Diving & Salvage Inc. Expands
The California Regional operations of Global Diving & Salvage Inc. have been expanded with the addition of a new office in Southern California. Located in Signal Hill near Long Beach, the new office supports Global’s core service lines, which include marine construction, casualty response and offshore support. Global’s new service line, global technical services, enables the company to provide both training and consulting services in the fields of nondestructive testing and quality assurance.
BRP Expands Boat-Builder Portfolio
BRP’s Evinrude E-TEC engines will now be offered by the aluminum-hull boat manufacturer Hewescraft.
The Evinrude E-TEC G2 engine will offer Hewescraft owners with up to 20 percent more torque, up to 15 percent better fuel economy and up to 75 percent fewer reportable emissions than competitive outboards, according to the company. In addition, the Evinrude E-TEC G2 engine allows Hewescraft owners the choice of more than 400 possible engine color combinations.
Port of Duluth Intermodal Project Breaks Ground
The U.S. Department of Transportation Maritime Administrator Chip Jaenichen joined Sens. Amy Klobuchar (D-Minn.) and Al Franken (D-Minn.), Congressman Rick Nolan (D-Minn.), Duluth Mayor Don Ness, local officials and port representatives in the groundbreaking of the Port of Duluth Intermodal project. The $17.7 million project received $10 million from the U.S. Department of Transportation’s TIGER discretionary grant program. This project will connect water, road and rail infrastructure, which will increase freight capacity and efficiency at the port.
FarSounder Receives Tibbetts Award
FarSounder has been selected to be honored with the 2015 Tibbetts Award for Innovative and Outstanding Contribution to the Small Business Innovation Research program. The Tibbetts Award is presented by the U.S. Small Business Administration to honor those companies, supporting organizations and individuals who exemplify the best in the Small Business Innovation Research and Small Business Technology Transfer programs and to recognize their achievements.
Bordelon Marine Takes Delivery of Vessel
Bordelon Marine has taken delivery of the MV Shelia Bordelon, a DP2 ultralight intervention vessel. This highly specialized vessel features an NOV 50-ton active heave compensating crane with 3,000 meters of wire, a mezzanine deck with internal office and control rooms, and the capability to support two full work-class ROV systems.
The MV Shelia Bordelon offers 6,200 sq. ft. of clear, useable deck space, POB of 60, and two independent through-hull USBL systems.
2015: JAN | FEB | MARCH | APRIL | MAY | JUNE | JULY
2014: JAN | FEB | MARCH | APRIL | MAY | JUNE | JULY | AUG | SEPT | OCT | NOV | DEC