Joel Reid joined Cox Powertrain in April 2015. He holds an EMBA in Business from the University of Chicago, a Master’s Degree in Marine Surveying and a Bachelor’s degree in Business Administration. Reid has been instrumental in bringing Cox’s ground-breaking 300hp diesel outboard to market and has worked tirelessly over the last three years to create an enviable global distributor network.
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels.
MarineNews showcases the ten best of North America’s 2018 workboat deliveries. Domestic shipyard production is robust, innovative and getting greener. And, that translates into two kinds of ‘green.’As the domestic offshore energy support sector slowly awakens, other sectors have been happy to take the spotlight in its absence.
On August 16th, 2019 Eastern Shipbuilding Group, a Panama City, Florida shipyard building both government and commercial vessels, successfully delivered the tug Capt. Jim McAllister. This is the fifth vessel to be delivered by the shipyard since Hurricane Michael, a category 5 storm – which devastated the region.
Southampton, United Kingdom: It has been quite a few years since I last touched down in the UK; longer still for a visit on a maritime business trip. And, I don’t cross 'the big pond' casually for one these events. This morning, Seawork 2019 in Southampton is not yet over but if the past two days have been any indication at all
Eastern Shipbuilding Group, Inc. has announced the delivery of the Escort/Rescue Z-Drive Tug Ava M. McAllister for McAllister Towing, Inc. on May 31, 2019. This Escort/Rescue Z-Drive Tug design is provided by Jensen Maritime Consultants and is issued a USCG Sub-M Certificate of Inspection (COI). The vessel arrived at Eastern in 2018.The Ava M.
Höegh LNG Partners, a provider of floating liquid natural gas (LNG) services under long-term contracts, said that with new LNG production facilities in the US and around the world coming on stream, global LNG trade continues to increase.This, together with competitive LNG pricing and environmental arguments, are driving interest in FSRUs world-wide
Eastern Shipbuilding Group has announced the launch of the Escort/Rescue ZDrive Tug CAPT. JIM McALLISTER for McAllister Towing on March 19, 2019.This Escort/Rescue Z-Drive Tug design provided by Jensen Maritime Consultants is currently under construction at Eastern’s Allanton facility. The vessel is scheduled to deliver later in 2019.
McAllister Towing selected Schottel to provide propulsion units for a new-built escort and harbor tug. The tug, under construction at Washburn & Doughty, will feature a pair of Schottel type SRP 490 Rudderpropellers with an input power of 2,525 kW each, delivering an expected bollard pull of about 82 tons.
Three cargoes of U.S. crude are heading to China from the U.S. Gulf Coast, trade sources said on Monday, the first departures since late September and a 90-day pause in the two countries' trade war that began last month.The vessels left Galveston, Texas, last month and are scheduled to arrive at Chinese ports between late January and early March, according to shipbrokers and vessel tracking data.
Florida-based shipbuilder Eastern Shipbuilding Group announced the launch of the Escort/Rescue ZDrive Tug Ava M. McAllister for McAllister Towing & Transportation Company, Inc. on December 7, 2018, 58 days after Hurricane Michael devastated the Florida Panhandle.The family held shipbuilding company said in a press note that this Escort/Rescue Z-Drive Tug design provided by Jensen Maritime
The floating liquefied natural gas (LNG) company Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective 1 March 2019 and will from then continue in his role as Chief Executive Officer and Chief Financial Officer of Höegh LNG Partners LP.