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GULF ISLAND MARINE FABRICATORS

US Shipyard Contracted to Build Liftboat

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.  


GIMF Completes Construction of New Liftboat, The Bellator

The Bellator (Photo: Gulf Island Marine Fabricators)

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 Wins Arena GoM Rig Construction Contract

GoM rig: File photo

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


Gulf Island Fab Reports Q1 2014 Revenue Increase

Image courtesy of Gulf Island Fabrication

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


Bollinger Delivers for Bouchard

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


Successful Makin Island Sea Trials

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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


Gulf Island Earnings Steady

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.


Fabricators in Danger of Losing Out on Oil Rig Boom

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.


Mexico, US Seminar on Gulf of Mexico Spill Response

Individuals from each of the agencies represented at MEXUSGULF 2014, from Mexico and the United States, gather after concluding a seminar on oil spill response in the Gulf of Mexico at the Isla Grand Beach Resort on South Padre Island, Texas, April 8, 2014. (USCG photo by Andrew Kendrick)

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


Supply Boats Auctioned off

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


US Boatbuilding: Sink or Swim

Joe Hudspeth

Navigating interesting times has the nation’s shipbuilding industry searching in unusual places. The answers could be blowing in the wind.  Conducting commerce and forecasting the future for shipyards is akin to setting out in uncharted waters


Submarine Optical Fibre Cable to Link Andamans, Mainland India

Image courtesy: Exciting India

 India's government has decided to build a submarine cable between the city of Chennai and the Andaman & Nicobar Islands, which is  about 200km east of India, way out in the Bay of Bengal.   The estimated cost of the project, which is Rs 1,102


Crowley Awards Scholarships to Four Cal Maritime Students

Crowley Maritime Corp. presented four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships  Photo Crowley Maritime

Crowley Maritime Corp. presented four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships during last night’s Containerization and Intermodal Institute’s Connie Awards dinner in Long Beach, Calif


Conrad Wins Army Corps Crane Barge Contract

 Profile of USACOE Crane Barge to be built by Conrad at its Morgan City Shipyard. (Image: Conrad)

Conrad Shipyard won a contract to build a Crane Barge for the United States Army Corps of Engineers. The 300 x 68-ft welded steel barge is to be used in floating crane service by the Corps’ Rock Island District in support of its maintenance mission on the inland navigation system


Operation Render Safe Brings Safety to Solomon Islands

The ongoing menace of explosive remnants of war will again be tackled in the Solomon Islands by the multinational team assigned to Operation Render Safe 16

The dangers posed by explosive remnants of war in the Solomon Islands will again be tackled with the commencement of Operation Render Safe 16 over the weekend.   The annual ADF-led Operation Render Safe deployment is Australia’s enduring commitment to the removal of unexploded and


Breakbulk and Bulk Cargo Terminal at Port of Prince Rupert?

South Kaien Island-Prince Rupert Port

The Port of Prince Rupert today announced it has signed a feasibility assessment agreement with SSA Marine and its wholly-owned subsidiary Western Stevedoring to explore the viability of a breakbulk and bulk import/export terminal located on Kaien Island at the Port of Prince Rupert.


WSDOT Christens New Ferry Chimacum

WSF’s third Olympic Class vessel, M/V Chimacum, will will replace an older vessel on the Seattle/Bremerton route in 2017. (Photo: WSDOT)

The Washington State Department of Transportation (WSDOT) christened Chimacum, the third Olympic Class vessel to join the Washington State Ferries (WSF) fleet. The ceremony took place at Vigor's Harbor Island Shipyard in Seattle, and marked the vessel’s final stage of construction and its


MN100: Bristol Harbor Group, Inc.

(Photo: Bristol Harbor Group, Inc.)

The Company: Bristol Harbor Group, Inc. (BHGI) is a full service naval architecture and marine engineering firm located on the harbor in Bristol, Rhode Island. BHGI has produced more than 50 unique designs to which more than 100 vessels have been built


This Day In Naval History: September 14

1814 - During the War of 1812, the sloop-of-war, Wasp captures and burns the British merchant brig, HMS Bacchus, in the Atlantic. A week later, she captures the brig, Atlanta.   1899 - During the Philippine Insurrection Campaign, the gunboat, USS Concord, and the monitor, USS Monterey


MN100: GE Transportation Marine

(Photo: GE)_

The Company: GE Transportation is a global digital industrial leader and supplier to the marine industry. Established more than a century ago, GE Transportation is a division of the General Electric Company that began as a pioneer in passenger and freight locomotives


UK, Argentina to cooperate on Falklands oil and gas restrictions

Britain and Argentina have agreed to work together towards removing measures restricting the oil and gas industry, shipping and fishing around the disputed Falkland Islands, Britain's Foreign Office said on Wednesday. The two countries fought a war in 1982 over the British-run islands in the


MN100: Laborde Products

Laborde.jpg

The Company: Laborde Products is an engine distribution company focused on the commercial markets along the gulf coast and inland river systems. Laborde represents Mitsubishi, Yanmar and Steyr commercial marine engines. Laborde is also preparing to launch the OXE Diesel Outboard engine throughout


MN100: Viking Systems International, Inc.

(Image: Viking Systems International, Inc.)

The Company: Viking Systems International is a worldwide leader in the advanced design, analysis and 3rd party verification of structures, focusing on the offshore oil and gas industry, commercial ship business, and the military and defense community


Harvey Gulf ATB Earns ABS, USCG Approvals

(Image: HGIM)

Harvey Gulf International Marine (HGIM) announced it has received both ABS (American Bureau of Shipping) class functional approval and USCG (United States Coast Guard) design bases approval on a 4,000 cubic meter LNG articulating tug barge (ATB) construction drawing package; the design accounts


GoodFuels Marine, Boskalis Test Wood-Based Marine Fuel

Photo: Royal Boskalis Westminster N.V.

 Boskalis, the leading global dredging and marine expert, and GoodFuels Marine, the leading provider of sustainable marine biofuels to the global commercial shipping fleet, has announced to have performed successful live tests on a sustainable  wood-based drop-in biofuel called UPM






 
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