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AMERICAN CONSTRUCTION

Kvaerner, Longview Power Reaches Settlement

  Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements today, with each of Longview Power, LLC, Siemens Energy Inc. and others regarding the disputes between them in both the arbitration proceedings concerning the Longview Project and the subsequent bankruptcy cases of Longview Power, LLC. Under the agreements, Kvaerner North American Construction Inc. will receive an aggregate amount of USD 48 million from various parties. In consideration, Kvaerner North American Construction Inc. will settle certain claims and release the Mechanics' Liens filed against the Longview power plant properties in Maidsville, West Virginia, and will waive all objections in the ongoing Longview Power, LLC bankruptcy proceedings. The settlement is subject to approval in the bankruptcy proceedings. The approval is expected to take place in January 2015 with the receipt of the above-referenced amounts anticipated to occur in February 2015. The financial effects of the agreement will be recognised in Kvaerner's first quarter 2015 accounts.  The main financial effects will be reduction of retained assets in the group's balance sheet of USD 48 million. The agreements, upon approval, significantly reduce Kvaerner's uncertainty regarding the final financial outcome of the arbitration and resolve all counterclaims from Longview Power, LLC.


Herschler Joins North American Marine Consultants

Captain Casey Herschler, Director of New Business Development, North American Marine Consultants

Captain Casey M. Herschler Joins North American Marine Consultants.   Captain Casey M. Herschler has been named Director of New Business Development for North American Marine Consultants. Capt. Herschler will be responsible for developing new business ventures including new vessel and barge construction as well as conducting vessel, structure, facility and cargo surveys, insurance assessments and monitoring new construction, conversion and repair processes for clients.


K-Sea Signs Barge Contract Extension

K-Sea Transportation Partners LP, said it signed a $40m contract extension for barge construction with the manufacturing arm of American Commercial Lines. The company said the construction of four 50,000 barrel tank barges will begin in first quarter of 2009, with delivery of the first vessel scheduled for December of that year. The three other vessels will be completed in three month increments after that, K-Sea said. The contract extends the barge construction agreement through 2010.


American Club Elects First China Director

Members of the American P&I Club have elected the first director to come from The People’s Republic of China (PRC). At the annual meeting in New York, Lianyu Zhu of CCCC International Shipping Corporation, Tianjin, was elected to the board for the forthcoming year. Mr. Zhu’s company is a subsidiary of China Communications Construction Company, a major state-owned enterprise (SOE) which is, among other things, the largest port construction and design company in the PRC


Great Lakes Shipyard Winter Season Contracts

Great Lakes Shipyard Facility: Photo credit Great Lakes Shipyard

Great Lakes Shipyard contracted by Interlake Steamship Company to perform winter work services on two vessels. Two more vessels have arrived: Interlake Steamship vessels, the ATB Dorothy Ann and the Pathfinder, are in Cleveland and  docked at Great Lakes Shipyard's facility. A variety of work is to be done, including: miscellaneous steel work, generator maintenance, main drive unit maintenance, and other miscellaneous tug and barge repairs and maintenance.


ACL Acquires Interest in Environmental Firm

American Commercial Lines Inc. (ACL) has invested in a 30 percent stake in a newly formed entity with environmental services contractor Summit Contracting, Inc. The financial terms of the investment were not disclosed but are not material to the company. The new company, Summit Contracting, LLC will provide emergency response, environmental remediation, industrial and civil construction services. In addition to continuing to service its established customer base of major transportation


Braemar Sub-Licenses FSP Containment System

Braemar LNG BV, the wholly owned subsidiary of Braemar Shipping Services PLC, has issued a sub-license to FSP LNG BV for the design and construction of a new Flat-panel, Semi-membrane, Prismatic-shaped (FSP) containment system, under the terms of the license it holds with General Dynamics NASSCO to utilize its patents in the design and construction of FSP LNG containment systems.    FSP technology has been developed for marine LNG transport and can also be used in a range of


Congress Promotes Commercial Shipbuilding

The House Armed Services Seapower and Expeditionary Forces Subcommittee received testimony on the Federal Ship Loan Guarantee Program, also known as Title XI, which facilitates financing of commercial ship construction in U.S. shipyards. Cynthia L. Brown, President of the American Shipbuilding Association, testified on the importance of funding and improving the program to increase commercial ship construction in the U.S.


Schechtman Promoted at Parsons Brinckerhoff

Jeffrey Schechtman

Jeffrey Schechtman has been named Deputy Regional Business Manager for the Southeast region of Parsons Brinckerhoff, a global infrastructure strategic consulting, engineering and program/construction management organization. In his new position, Schechtman will work with managers in the nine states that comprise Parsons Brinckerhoff’s Southeast region to enhance relationships with key clients, expand business development opportunities, and invigorate marketing and pursuit efforts


LA Port Police Contract with All American Marine for Dive and Patrol Catamaran

dive and patrol catamaran

All American Marine, Inc. is pleased to announce their latest vessel contract awarded by the Port of Los Angeles Harbor Department for a new dive and patrol catamaran. The 65’ x 24’ aluminum catamaran will be used by the LA Port Police dive team and will feature Teknicraft Design’s signature hull shape and hydrofoil technology.  The design of the vessel is based upon the previously built R/V Shearwater and R/V Fulmar


Swire Seabed Buys Fourth Subsea Vessel

Seabed Worker ROV Photo Swire Seabed

Subsea operations specialist, Swire Seabed AS has taken delivery of its fourth subsea vessel, Seabed Constructor.   Swire Seabed has secured a six-year contract for Seabed Constructor with UK based Ocean Infinity. The vessel will be carrying out AUV based survey and construction support


From Across the Big Pond

Stan Tug 3711 - (4x) to be built by Conrad Shipyard for Young Brothers (Photo: Damen)

With familiar faces, new partnerships and Houston office, Damen widens its North American profile with a flurry of new work orders.   With a flourish and a flurry of new business, Damen’s new U.S.-based office officially opened in Houston, Texas on July 1, 2016


Obituary: Stewart B. Nelson

Stewart B. Nelson, Ph.D.  - B. June 9, 1937 D. September 12, 2016   Dr. Stewart B. Nelson URI -MMA 1974, oceanographer, explorer, author, lecturer and marine historian passed away of complications related to cancer on September 12, 2016 in Tampa, Fla


Bibby Offshore wins Shell Contract

Howard Woodcock, Chief Executive, Bibby Offshore

Bibby Offshore won a contract with Shell, due to commence in Q1 2017, that will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea.    Bibby Offshore is contracted to use utilize its multipurpose dive support and


Philly Shipyard Delivers APT Tanker

Courtesy Philly Shipyard

Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today delivered the American Endurance, the first of four next generation 50,000 dwt product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc.


Navy to Christen Submarine Colorado

Boats logo for the future USS Colorado (SSN 788). This is the 15th Virginia-class fast attack submarine and the fifth Virginia-class Block III submarine. The ship began construction in 2015 and is scheduled to commission in 2017. This next-generation attack submarine provides the Navy with the capabilities required to maintain the nations undersea superiority well into the 21st century. (U.S. Navy graphicReleased)

The Navy will christen its newest Virginia-class fast attack submarine, the future USS Colorado (SSN 788), during an 11 a.m. EDT ceremony Saturday, Dec. 3 at General Dynamics Electric Boat Shipyard in Groton, Connecticut. The Honorable Ray Mabus, secretary of the Navy


India Announces Projects Status of Inland Waterways

Image: Inland Waterways Authority of India (IWAI)

 The Shipping Ministry of India has announced the details of various ongoing major projects for development of National Waterways (NWs), which are as under four divisions.    The government also revealed the techno–economic feasibility studies and Detailed Project Report


AMP Applauds Chao as Secretary of Transportation

Elaine L. Chao (File photo: Elaine L. Chao / U.S. Department of Labor)

The American Maritime Partnership (AMP) has issued the following statement on the selection of Secretary Elaine L. Chao as the next United States Secretary of Transportation.   “The American Maritime Partnership congratulates Secretary Elaine Chao for her nomination by President-elect


Six New Submarines Built for the Russian Navy

Photo: Admiralty Shipyards

JSC Admiralty Shipyards has finished building a series of six submarines for the Russian Navy’s Black Sea fleet, marked with a flag lifting ceremony on the large diesel-electric submarine Kolpino, which was transferred to the Russian Navy.  


Vyborg to Build Four Trawlers for ATF

Arkhangelsk Trawl Fleet (ATF) has entered into contract with Vyborg Shipyard for the construction of a series of fishing trawlers. The shipbuilding contract, signed at the the International Forum "The Fishing Fleet - New Impulse to Development" in Murmansk in March 2016


America Needs Icebreakers

USCGC Polar Star (Photo: USCG)

Russia has more polar icebreakers than the rest of the world combined. America has one polar icebreaker and that one is well past its prime. There has been talk of sharing icebreakers. Sharing may work with allies, who are generally on the same page


Can Seaborne Trends Shine Any Light?

Graph: Clarksons Research

 World seaborne trade, whilst still growing at a relatively steady pace, has seen a slightly less rapid rate of growth since 2015, compared to both the longer-term historical average, and the more recent 2011-14 period, says Clarksons Research.  


Signet Launches New Tug for E.N. Bisso

Photo: Signet

On the morning of October 12, 2016, E.N. Bisso and Signet Shipbuilding & Repair (SS&R) Pascagoula, Miss., christened and launched E.N. Bisso’s newest high technology Robert Allan Ltd. (RAL) design tug.  Mrs. Deborah F. McDonald, wife of Mr. William H. McDonald, President, E.N


Superstructure Completed for First of NYC’s New Ferries

Photo: Edwin Mackey / Hornblower

Officials from Hornblower and the New York City Economic Development Corporation (NYCEDC) toured the Horizon Shipyard facility Wednesday morning and received an update on construction, which is on schedule, and inspected the first completed citywide ferry superstructure


Royal IHC Bags Uruguay Order for TSHD

Signing ceremony custom-built TSHD ANP Uruguay

Royal IHC has signed a contract for the design, construction and delivery of a 4,200m3 trailing suction hopper dredger (TSHD) with Administración Nacional de Puertos (ANP) in Montevideo, Uruguay. The contract was signed by Mr Alberto Diaz Acosta, President of the Board of Directors of ANP






 
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