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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.


American Cruise to Build New Coastal Cruise Ship

Photo: American Cruise Lines

 American Cruise Lines, operator of the newest cruise ships in the United States, announced today that it has begun construction on a new coastal cruise ship, yet to be named.    The news of this addition is the most recent in a series of announcements pertaining to American Cruise Lines’ continued expansion of their all-American made fleet. The ship is scheduled to begin cruising in spring of 2017.  


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


Austal Delivers Seventh EPF7 to US Navy

Delivery Ceremony for USNS Carson City (EPF 7) Photo Austal

Austal Limited (Austal) informed that the U.S. Navy has accepted delivery of USNS Carson City (EPF 7) from Austal USA, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 24 June. This is the second vessel delivered by Austal USA to the U.S


The American Club Reports Solid Progress in 2015

Arnold Witte (Photo: Donjon Marine)

The American Club reported solid progress during 2015 at the annual meeting of its members held in New York yesterday. Despite a challenging economic climate, the Club’s business developed respectably, and 2016 had started on a positive note.  


Admiral of the Ocean Sea Award Recipients Named

Clockwise (from top left) Arthur E. Imperatore, Christopher Wiernicki, and Donald Marcus, Photo USS

The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways; Donald Marcus, President of the International Organization of Masters, Mates & Pilots; and Christopher Wiernicki


DNV GL's Sesam GeniE Reduces Engineering Costs

Sesam GeniE - Coarse bracket model (Photo: DNV GL)

When warping analysis is required during design of certain types of beam offshore structures, it can involve many costly hours of manual calculations by senior engineers. With the new release of Sesam GeniE software, the most common methods of performing such analyses can be done automatically


First Damen Tug for Bugsier

DAMEN-ASD-2411 Courtesy Damen

Bugsier, the German towage and maritime service provider, has boosted its already extensive fleet with the addition of a Damen ASD 2411 tug. The tug represents the first purchase of a Damen vessel for Bugsier. Bugsier holds an established position in the German maritime sector: the company is


This Day In Naval History: June 22

Flasher (SSN-613) (left) and Tecumseh (SSBN-628) are seen on the building ways at General Dynamics Electric Boat on 21 June 1963. They would be launched simultaneously on the following day. (Photo courtesy of Valllejo Naval and Historical Museum)

1807 - Frigate USS Chesapeake, commanded by James Barron, is stopped by British frigate HMS Leopard after killing several of her crew and take Royal Navy deserters. Barron is court-martialed for not having his ship prepared to fight.  


Apply Now for the MN 100

MN100.jpg

The August 2016 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.  


Solstad Offshore Secures Contract with Technip

Normand Pioneer (Photo: Solstad Offshore)

Solstad Offshore ASA (SOFF) says it has entered into a frame agreement with Technip Norge AS and Technip UK Limited (Technip) to supply vessels for trenching, construction and subsea services. The deal’s commercial terms have not been disclosed.


New ATB Brings High Maneuverability to Jones Act Fleet

Photo: BAE Systems

The Dutch company Van der Velden Marine Systems (VDVMS) in conjunction with the U.S. representative Ships Machinery International, Inc. (SMI) has announced the launching of a new Jones Act Articulated Tug Barge (ATB) with BARKE high-lift flap rudders for coastwise service in the U.S


US Navy to Name Attack Submarine USS Arkansas

Image: U.S. Navy graphic by Mass Communication Specialist

 A Virginia-class attack submarine will be called the USS Arkansas, Secretary of the Navy Ray Mabus announced.   Secretary of the Navy Ray Mabus announced that SSN 800, a Virginia-class attack submarine, will bear the name USS Arkansas.  


Tech File: Fire Boom for the US' Worst Oil Spill

Photo: Elastec

On April 20, 2010, the Deepwater Horizon mobile offshore drilling platform was destroyed as a result of a catastrophic blowout of the Macondo 252 well in the Gulf of Mexico. The blowout resulted in a continuous discharge of approximately 3.19 million barrels of oil over three months covering


Gov’t Officials Tour Great Lakes Shipyard

(Photo: The Great Lakes Group)

U.S. Labor Secretary Perez and Cuyahoga County Executive Armond Budish visit The Great Lakes Towing Company headquarters and Great Lakes Shipyard; tour and discussion at The Great Lakes Towing Company focused on federal funding’s impact and the importance of employer involvement in workforce


DP World Wins New $1bln Port Project in Ecuador

Photo: La Asociación Peruana de Agentes Marítimos (APAM)

 DP World has won a 50 year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador, 65 kilometres from the country’s main business city of Guayaquil.   The $500 million initial investment (Phase 1) will include the purchase of land


This Day In Naval History: June 7

1898 - During the Spanish-American War, USS Marblehead (C 11), along with auxiliary cruisers USS Yankee and USS St. Louis, engage the Spanish gunboat Sandoval and the shore batteries at Guantanamo, Cuba for 2 1/2 hours.   1917 - During World War I, U.S


Damen Starts Building Two Transshipment Crane Barges

DAMEN Transshipment Crane Barge for Agribulk handling Photo Damen

Damen has commenced construction of two identical Crane Barge 6324 vessels. Designed as a particularly cost effective transshipment platform, the barges are being built on a speculative basis in response to client demands to ensure short delivery times.






 
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