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Damen Group
The Damen Group is a Dutch defence, shipbuilding, and engineering conglomerate company based in Gorinchem, Netherlands. Though it is a major international group doing business in 120 countries, it remains a private family-owned company. Damen Shipyards Group is a globally operating company with more than 50 shipyards, repair yards, and related companies − as well as numerous partner yards that can build Damen vessels locally. Since 1969 it has designed and built more than 5,000 vessels and delivers over 150 vessels annually. With over 30 shipyards and related companies worldwide, Damen is involved in ship construction as well as maintenance and repair activities. It has a wide product range, including tugs, workboats, patrol craft, cargo vessels, dredgers, superyachts and fast ferries. Product design and engineering are carried out in-house and a broad range of designs are available. History Overview Damen was established in 1927 in the town of Hardinxveld-Giessendam ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Barge
Barge nowadays generally refers to a flat-bottomed inland waterway vessel which does not have its own means of mechanical propulsion. The first modern barges were pulled by tugs, but nowadays most are pushed by pusher boats, or other vessels. The term barge has a rich history, and therefore there are many other types of barges. History of the barge Etymology "Barge" is attested from 1300, from Old French ''barge'', from Vulgar Latin ''barga''. The word originally could refer to any small boat; the modern meaning arose around 1480. ''Bark'' "small ship" is attested from 1420, from Old French ''barque'', from Vulgar Latin ''barca'' (400 AD). The more precise meaning of Barque as "three-masted sailing vessel" arose in the 17th century, and often takes the French spelling for disambiguation. Both are probably derived from the Latin ''barica'', from Greek ''baris'' "Egyptian boat", from Coptic ''bari'' "small boat", hieroglyphic Egyptian D58-G29-M17-M17-D21-P1 and similar ''b ...
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Superyacht
A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from to more than in length, and sometimes include yachts as small as . Superyachts are often available for charter with a staff that caters to guests at a high standard of comfort. They may be designed to emphasize comfort, speed, or expedition capability. Depending on the season, superyachts may be most frequently found in the Mediterranean or the Caribbean. Many are available for charter at prices that exceed 100,000 per week. Larger examples may have more than one swimming pool; they may carry a variety of water toys, other boats, and some a helicopter. History At the beginning of the 20th century, when wealthy individuals constructed large private yachts for personal pleasure, some manufacturers, such as Cox & King and Charles L. Seab ...
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Dredge
Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing dams, dikes, and other controls for streams and shorelines; and recovering valuable mineral deposits or marine life having commercial value. In all but a few situations the excavation is undertaken by a specialist floating plant, known as a dredger. Dredging is carried out in many different locations and for many different purposes, but the main objectives are usually to recover material of value or use, or to create a greater depth of water. Dredges have been classified as suction or mechanical. Dredging has significant environmental impacts: it can disturb marine sediments, leading to both short- and long-term water pollution, destroy important seabed ecosystems, and can release human-sourced toxins captured in the sediment. Description ...
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Tugboats
A tugboat or tug is a marine vessel that manoeuvres other vessels by pushing or pulling them, with direct contact or a tow line. These boats typically tug ships in circumstances where they cannot or should not move under their own power, such as in crowded harbour or narrow canals, or cannot move at all, such as barges, disabled ships, log rafts, or oil platforms. Some are ocean-going, some are icebreakers or salvage tugs. Early models were powered by steam engines, long ago superseded by diesel engines. Many have deluge gun water jets, which help in firefighting, especially in harbours. Types Seagoing Seagoing tugs (deep-sea tugs or ocean tugboats) fall into four basic categories: #The standard seagoing tug with model bow that tows almost exclusively by way of a wire cable. In some rare cases, such as some USN fleet tugs, a synthetic rope hawser may be used for the tow in the belief that the line can be pulled aboard a disabled ship by the crew owing to its lightness com ...
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Conglomerate Company
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Shipbuilding
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian potte ...
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Vietnam Coast Guard CSB-8002
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expanded south ...
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Offshore Engineering
Offshore geotechnical engineering is a sub-field of geotechnical engineering. It is concerned with foundation design, construction, maintenance and decommissioning for human-made structures in the sea.Dean, p. 1 Oil platforms, artificial islands and submarine pipelines are examples of such structures. The seabed has to be able to withstand the weight of these structures and the applied loads. Geohazards must also be taken into account. The need for offshore developments stems from a gradual depletion of hydrocarbon reserves onshore or near the coastlines, as new fields are being developed at greater distances offshore and in deeper water,Randolph & Gourvenec, p. 1 with a corresponding adaptation of the offshore site investigations.Kolk & Wegerif, 2005 Today, there are more than 7,000 offshore platforms operating at a water depth up to and exceeding 2000 m. A typical field development extends over tens of square kilometers, and may comprise several fixed structures, infield f ...
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Dredger
Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing dams, dikes, and other controls for streams and shorelines; and recovering valuable mineral deposits or marine life having commercial value. In all but a few situations the excavation is undertaken by a specialist floating plant, known as a dredger. Dredging is carried out in many different locations and for many different purposes, but the main objectives are usually to recover material of value or use, or to create a greater depth of water. Dredges have been classified as suction or mechanical. Dredging has significant environmental impacts: it can disturb marine sediments, leading to both short- and long-term water pollution, destroy important seabed ecosystems, and can release human-sourced toxins captured in the sediment. Descriptio ...
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Drydock
A dry dock (sometimes drydock or dry-dock) is a narrow basin or vessel that can be flooded to allow a load to be floated in, then drained to allow that load to come to rest on a dry platform. Dry docks are used for the construction, maintenance, and repair of ships, boats, and other watercraft. History Greco-Roman world The Greek author Athenaeus of Naucratis (V 204c-d) reports something that may have been a dry dock in Ptolemaic Egypt in the reign of Ptolemy IV Philopator (221-204 BC) on the occasion of the launch of the enormous ''Tessarakonteres'' rowing ship. It has been calculated that a dock for a vessel of such a size might have had a volume of 750,000 gallons of water. In Roman times, a shipyard at Narni, which is still studied, may have served as a dry dock. Medieval China The use of dry docks in China goes at least as far back the 10th century A.D. In 1088, Song Dynasty scientist and statesman Shen Kuo (1031–1095) wrote in his '' Dream Pool Essays'': Renais ...
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