Sea Technology

MAY 2013

The industry's recognized authority for design, engineering and application of equipment and services in the global ocean community

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new solutions for the worldwide defense, science and research, and oil and gas markets. LLC, in favor of VIT. The VPA board decided that the APM and Virginia Port Partners bids "were competitive, but they weren't compelling," said William Fralin, board chairman. Metal Shark Expansion to Create 222 New Jobs Louisiana Governor Bobby Jindal and Metal Shark Aluminum Boats (Jeanerette, Louisiana) President Chris Allard announced the company will make a $1.52 million capital investment to expand its Jeanerette shipyard in support of military, law enforcement agency and commercial boat contracts. The expansion will create 88 new direct jobs, with an average salary of more than $62,000, and Louisiana Economic Development estimates the project will result in a total of 222 new jobs. Workers Call Off Strike at Brazilian Port After negotiations between the government and union leaders, dock workers in Brazil cancelled plans for a national port strike, Reuters reported. Brazil's crop production has hit record highs, leaving the nation's outdated port infrastructure struggling to support the high volume of exports. The government is looking to change port regulations, which workers feel could jeopardize their jobs. Trans Marine Appoints US Agent AIRMAR Reports 2012 Revenue Increase AIRMAR Technology Corp. (Milford, New Hampshire) has reported a 24 percent revenue increase in 2012. Sustained growth has prompted the company to expand operations by building a second facility totaling more than 72,000 square feet. Located directly across the street from the company's existing headquarters, AIRMAR East is scheduled to be ready for occupancy next fall. Trans Marine Propulsion Systems Inc. (Seattle, Washington) has been appointed the U.S. agent for Anglo Belgian Corp. (Ghent, Belgium) diesel engines. Anglo Belgian Corp. has been manufacturing diesel engines since 1912. It was founded by a group of Belgian entrepreneurs soon after the building of the frst licensed Rudolf Diesel engine. VIT Maintains Virginia Terminals Control Hollund Industrial Marine Begins Process Of Securing Concessions in Latin America The Virginia Port Authority (VPA) Board of Commissioners has decided to keep Virginia International Terminals Inc. (Norfolk, Virginia), or VIT, as the operator of the authority's container terminals. VPA turned down two competing bids, one from APM Terminals (Portsmouth, Virginia) and one from the JPMorgan-led consortium Virginia Port Partners Hollund Industrial Marine Inc. (Blaine, Washington) has started to secure its frst concession in the South American region. Peter Meier, president of Hollund, stated that the company has the opportunity to survey a lake in Latin America, and will look to expand business into the region if the project proves successful. n MAY 2013 / st 67

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