GULF ISLAND MARINE FABRICATORS
Gulf Island Marine Fabricators to construct a 335-Class semi-submersible for Montco Offshore. Gulf Island Fabrication, Inc.subsidiary, Gulf Island Marine Fabricators, L.L.C. is to fabricate the 185 feet long by 135 feet wide by 15 feet deep, C-class offshore liftboat. When completed, this will be the second 335 Class liftboat the Company has built for LA-based Montco Offshore, Inc. Revenue and man-hour backlog related to this project will be included in the Company’s consolidated backlog when the Company announces its earnings results for the quarter ended September 30, 2012. Gulf Island Fabrication, Inc., based in Houma, Louisiana, is a leading fabricator of offshore drilling and production platforms, hull and/or deck sections of floating production platforms and other specialized structures used in the development and production of offshore oil and gas reserves.
Gulf Island Marine Fabricators (GIMF) has just completed construction of a new liftboat, The Bellator, for C.S. Liftboats, Inc, Abbeville, La. The Bellator is ABS Classed A-1, AMS, and Mobile Offshore Unit. The new boat, designed by A.K. Suda Inc. Metairie, LA measures 150’x118’x12’-8” and carries accommodations for 46 people. The new liftboat features three 300-foot legs with a working depth of 235 feet and a maximum deck elevation of 282 feet above the mud line
Gulf Island Fabrication, Inc. says that, through its subsidiary Gulf Island L.L.C., it has received an award letter from Arena Offshore, LP for the fabrication of two jacket/piles and topsides for Arena’s projects located in the Gulf of Mexico. Delivery for these units is set for late second quarter 2015. Revenue backlog and man-hours associated with this project will be reported in connection with the Company’s announcement of financial results for the quarter ending September
Houston headquartered Gulf Island Fabrication, Inc. reported net income of $3.5 million ($0.24 earnings per share) on revenue of $134.7 million for its first quarter ended March 31, 2014, compared to net income of $2.8 million ($0.19 earnings per share) on revenue of $150.4 million for the first quarter ended March 31, 2013. The company had a revenue backlog of $271.4 million and a labor backlog of approximately 2.5 million man-hours at March 31, 2014
The Bollinger built 35,000 BBL tank barge B. No 231 sails past the Verrazano-Narrows Bridge entering New York Harbor as the latest addition to the growing OPA’90 compliant fleet of Bouchard Transportation Bollinger Marine Fabricators, L.L.C. delivered B. No. 231, the first of two double hull, 35,000 barrel (BBL) oil tank barge units built to meet OPA’90 requirements to Bouchard Coastwise Management. Morton S. Bouchard III, president and CEO of Bouchard Affiliates
On Feb. 10, the Northrop Grumman Corporation-built (NYSE:NOC) amphibious assault ship Makin Island (LHD 8) returned from successful three-day builder's sea trials held in the Gulf of Mexico. The ship is the eighth USS Wasp (LHD 1)-class amphibious assault ship being built by the company at its Gulf Coast facilities in Pascagoula, Miss. "We worked collaboratively with the Navy to meet our program commitments, and complete this significant milestone," said Irwin F
Houma, La.-based Gulf Island Fabrication reported steady earnings and higher revenue recently. The company’s net income during the quarter that ended Sept. 30 was $10m, the same amount it earned for the period one year ago. On a diluted per share basis, Gulf Island earned 70 cents in the recent quarter, compared with 72 cents last year. However, Gulf Island reported revenue for the recent quarter was $124.9m, up from $89.7m last year.
According to the Edge Daily, Malaysia oil rig fabricators need to upgrade their services and technology or lose out on fast-growing global demand for shallow, deep-water and ultra-deep oil rigs, an industry researcher said. The industry estimates expect some 15 new rigs and 70 platforms to be installed in the next five years alone to cater to the Malaysian deepwater sector, according to Maritime Institute of Malaysia (MIMA) research.
The U.S. Coast Guard and Mexican Navy held a seminar Tuesday in South Padre Island, to update the MEXUSGULF plan for a future coordinated response to a spill in the Gulf of Mexico that would impact both countries. MEXUSGULF is a joint contingency plan between the United States and Mexico. It provides standard operational procedures with respect to binational coordination in case of pollution incidents that may represent a threat to coastal waters or the marine environment of the border zone
On a gray Wednesday morning, five supply and anchor handling tug supply boats were auctioned off on the U.S. Federal Courthouse steps in Lafayette, Louisiana. About 26 people attended the auction with ten registered bidders signing in and showing proof of deposit. At 10:00 o’clock a.m. after the Clerk of the Court read the court orders and terms and conditions of the sale, individual bidding started on the 180’ x 40’, 2700HP “Seacor Osprey” at $5,000
Derecktor Shipyards of Mamaroneck, New York and Harbor Harvest of East Norwalk, CT. has announced their next revolutionary project providing an alternative transportation platform for organic food shipping. Combining the quality construction that Derecktor’s reputation is
ZF Marine, the marine business unit of the global ZF Group, has announced that they have secured a new location for their Gulf of Mexico/Inland Waterway sales and service operations. The company opened its wholly owned location in the greater New Orleans area in late 1996
AdvanTec Global Innovations, parent to the Diamond Sea Glaze, Steelhead Marine, Pacific Coast Marine and Freeman Marine Equipment brands, today announced the following business development appointment that will enhance the company’s ability to provide local representation to the marine
ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM), Calor and Orkney Islands Council have signed an agreement to collaborate in the “Caledonia LNG ” project. The aim is to develop the infrastructure, storage and technical support needed to enable safe
Aiming to develop the infrastructure, storage and technical support needed to enable safe liquefied natural gas (LNG) operations for customers in the north of the U.K. and North Sea, including bunkering, partners ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement (BSM)
Gulf of Mexico vessel operators want to see sustained, higher oil prices. After a rough two years, supply boat owners and operators in the Gulf of Mexico hope crude oil prices will improve in 2017. That would encourage activity among the offshore drillers that they service and would put
Vietnam is extending a runway on an island it claims in the South China Sea in apparent response to China's building of military facilities on artificial islands in the region, a U.S. think tank reported. Satellite images taken this month showed Vietnam had lengthened its runway on Spratly
Vietnam is extending a runway on an island it claims in the South China Sea in apparent response to China's building of military facilities on artificial islands in the region, a U.S. think tank reported on Thursday. Satellite images taken this month showed Vietnam had lengthened its
Gulf Island Shipyards, a division of Gulf Island Fabrication, Inc. has launched the newly built M/V HOS Warhorse on Wednesday, November 2, 2016 at their Jennings, La. facility. The HOS Warhorse, the first of a two vessel contract for Hornbeck Offshore Services
Training for oil pollution preparedness, response and cooperation (OPRC) is underway in Jeju Island, Republic of Korea (7-11 November). On completion of the course, Government officials from seven Southeast Asian countries (Cambodia, Indonesia, Malaysia, Myanmar
The U.S. Coast Guard has issued a stability letter to America’s newest tall ship for operation on exposed waters, confirming that SSV Oliver Hazard Perry exceeds their most stringent Sailing School Vessel standards for stability. This assures that the vessel is on track to begin offshore
A recent decision by an international tribunal in The Hague, Netherlands, has significant implications for other maritime disputes, freedom of navigation, and future oil and gas claims in the Arctic. The arbitral award issued on July 12, 2016
China's latest drill in the South China Sea was a normal search and rescue exercise, the defence ministry said on Thursday, less than a week after a U.S. navy destroyer sailed near the Paracel Islands, provoking a warning from Chinese warships to leave.
China will carry out military drills in the South China Sea all day on Thursday, the country's maritime safety administration said on Wednesday, ordering all other shipping to stay away. China routinely holds drills in the disputed waterway
Adm. Robert E. Kramek, former Commandant of the U.S. Coast Guard, has died October 20, 2016. Kramek served as the Coast Guard's 20th commandant from 1994 through 1998, during which time he significantly expanded the Coast Guard's global reach and influence as commandant