Marine link
 

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

189-5880_web.jpg

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


Derecktor to Build the Second Hybrid Series Vessel

Photo: Derecktor

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 Grows Presence in Louisiana

ZF Marine New location rendering (Photo: ZF Marine)

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


Moore Joins AdvanTec Global Innovations

Charlie Moore Photo AdvanTec

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 Inks Deal to Collaborate on Caledonia LNG Project

OIC MEETING PHOTO EXXONMOBIL

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


Collaborators to Develop LNG Deliveries in North UK and North Sea

From left to right: Michael Cobb, ExxonMobil; Andrew Scott, Babcock; Ian Lindsay, Babcock; Angus Campbell, BSM; Michael Morrison, Orkney; Gavin Barr, Orkney; Mark Gilks, Calor; and Luca Volta, ExxonMobil (Photo: © Colin Keldie)

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)


As Operators Look for the Bottom, Gulf Gloom Persists

Credit: Yesenia Rodriguez

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 Expanding South China Sea Runway

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 Expanding South China Sea Runway

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 Launches MPSV for Hornbeck

Photo: Gulf Island Shipyards

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


Strengthening Oil Spill Response in Southeast Asia

Photo:  International Maritime Organization (IMO)

 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


New Milestones for America’s Newest Tall Ship

Photo: OHPRI

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


South China Sea Arbitration: Implications for Maritime and O&G

(Credit: Blank Rome LLC)

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 Says Latest South China Sea Drill Was SAR Exercise

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 Plans More Military Drills in South China Sea

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


Former USCG Commandant Kramek Passes Away

Adm. Robert E. Kramek, 20th Commandant of the Coast Guard (Photo: U.S. Coast Guard)

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






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright