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McDermott Completes First Year In Mexice

It has been one year (March 10, 1995) since McDermott took over the shipbuilding/repairing facility Talleres Navales del Golfo (TNG) in Veracruz, Mexico. Since then, the management team, headed by Paul Albert, has concentrated on refurbishing the yard — for which approximately $12 million has already been invested — for the ship repair (70 percent) and the offshore (30 percent) industries. Both docks, the larger with an 80,000 dwt capacity, have been used solely in the ship repair industry while McDermott looks for suitable newbuilding contracts. It is expected that such contracts will be placed by this summer, at which time the yard will commence the building of a Panamax-sized floating dock, the design of which has been supplied by Crandell Industries.

The recent North American Free Trade Association (NAFTA) agreement allows the yard to bid for Jones Act ships from the U.S. at a reduced rate of import duty; the import duty is to disappear by 1998. Workhour rates and steel prices at the yard are more in line with levels Singapore.

Since the yard opened last year, 28 ships have been drydocked, mainly for repair work. This list has included two ships from Houston-based tanker owner Coastal Corp., the 51,313 dwt Coastal Corpus Christi and the 39,357 dwt Coastal New York, which are operated by Coscol Marine Corp., and the 65,402-dwt Bahamas self-unloading limestone carrier W.H. Blount, owned by Bulica Shipping Co. of Pasadena, Calif., and managed by Barber Ship Management.

Currently in the yard are two former Russian super-Atlantik class trawlers, which are being converted to fish processing ships for Ocean Resources Management, Seattle. Undergoing general repair work were two Mexicanowned offshore supply vessels Don Henrique II and Don Rodrigeuz II, products carrier Navado and Navimin's 23,420-dwt, Mexicanregistered sulfur carrier Otapan (alongside repairs). Also under repair is jack-up rig Jalapa. Another visitor to the yard was the 38,200-dwt Bahamian self-unloading bulk carrier Atlantic Erie, which is owned by CSL International, and is due in the yard for 29 days of steel renewal and general repairs.




Ship Repair History

A Stitch In Time... Metal Stitching Technology Helps To Cut Costs, Keeps Vessels Sailing
Astilleros Espanoles To Convert Tanker To FPSO
BethShip W i n s $ 3 4 Million Contract
BoatLIFE Offers Deck Protection Experience, Products To Cruise Ship Industry
Caridoc A Variety of Drydocking/Repair Services In the Caribbean
Del Gavio Marine Hydraulics, Inc.
FRATELLI ORLANDO . . . . . . Resurgence of shipbuilding in Livorno
Goltens Expands Capacity W i t h N e w Grinder
HHI Starts ' 97 Strong Korean yard wins bulker contract from Norway's Bergesen to start year
Lisnave Reports Upbeat Quarter; Discusses Future Plans
Lisnave Wins Multi-Million$ Contract
Mackay's World Me Department: Local sendee on a global scale
McDermott Completes First Year In Mexice
NASSCO Invests In Technology To Capture Commercial Business
Portland's Ship Repair Business Strengthened With Cascade General Sale
PSY Director Warns Against Lifting Alaska Oil Ban
QE2 Refit Completed In Southampton
Qualify, Quantity Issues Abound
Revenue And Profitability Gains Reported By ASRY
Shell Commits To Yard In Repair Arrangement
SHIP REPAIR & CONVERSION: Review of 1994
Ship Structure Committee Publishes Reports On Fatigue Curves And Underwater Repair Procedures
Shipbuilding in South Korea… Expansion Continues
Sperry Marine
TBT ban threatens yard business
Transfer Of Ownership Of Florida Yard Results In Expanded Services
Trinity Acquires Gulf Coast Fabrication As 16th Yard In Group
U.S. Northwest: Ship repair Activity Picks Up
Welding Technique Helps Navy Save Millions
Wheeler Becomes U.S. Agent For Romanian Yard
 
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