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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


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 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


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


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.


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.


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


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


Shell Ready for ECA Challenges

Photo: Shell

Since the implementation of Emission Control Areas (ECAs) on January 1, 2015, ships entering waters in the Baltic Sea; the North Sea; the North American ECA, including most of the U.S. and Canadian coast, as well as the French overseas collectivities of St. Pierre and Miquelon; and the U.S


Trelleborg Opens US Facility

Photo: Trelleborg

Trelleborg’s marine systems operation has opened a new American headquarters in Berryville, Virginia, U.S. The new site houses a 36,000 square foot manufacturing facility for foam-based marine fenders and buoys and 9,000 square foot sales and business development office.  


'Amazingly Intact' WWII-era Aircraft Carrier Surveyed

Features on a photo of USS Independence CVL 22 are captured in a 3D low-resolution sonar image of the shipwreck in Monterey Bay National Marine Sanctuary. The Coda Octopus Echoscope 3D sonar, integrated on the Boeing AUV Echo Ranger, imaged the shipwreck during the first maritime archaeological survey. The sonar image with oranges color tones (lower) shows an outline of a possible airplane in the forward aircraft elevator hatch opening. (Credit: NOAA, Boeing, and Coda Octopus)

NOAA, working with private industry partners and the U.S. Navy, has confirmed the location and condition of the USS Independence, the lead ship of its class of light aircraft carriers that were critical during the American naval offensive in the Pacific during World War II.  


Chevron Hires Norce Endeavour for Thailand Ops

Norce Endeavour. Pic courtesy: Solstad Offshore ASA

 Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days.   Solstad has received confirmation from Chevron in Thailand for the 2016 Offshore Installation Campaign utilizing its Derrick Lay


Malta: Sixth largest Maritime Flag Worldwide

Image: The Merchant Shipping Directorate, Malta

 The Malta Ships Register has become the sixth largest maritime flag in the world, according to statistics for 2014, says a report in Fenech & Fenech Advocates.   Malta has moved up from seventh place in 2013 and has retained its position as the largest in Europe


BHGI Wins USACE Naval Architecture Contract

Bristol Harbor Group, Inc. awarded contract for naval architecture and marine engineering services for the United States Army Corps of Engineers (USACE), Marine Design Center   Naval architecture and marine engineering firm Bristol Harbor Group, Inc


Condor Ferries Orders Open Loop SOx Scrubbers

Commodore Goodwill (Photo: Condor Ferries)

DuPont Sustainable Solutions, through its subsidiary BELCO, has been awarded a contract to supply DuPont Marine Scrubber systems to two vessels owned by Condor Ferries, a Guernsey-based company that operates year-round freight, car and passenger ferries between the Channel Islands


NOAA to Explore Depths of Caribbean Sea

Okeanos Explorers dual-body ROV system is loaded from the aftdeck of the ship into the water before conducting an exploration dive. (Credit: NOAA)

Public can watch seafloor discoveries live online April 9-30. Beginning April 9, scientists aboard NOAA Ship Okeanos Explorer will begin a series of 20 dives to investigate previously unseen depths of the Caribbean Sea and Atlantic Ocean – and the public can follow along online.


Werner Named Academic Dean of Webb Institute

Matthew R. Werner (Photo courtesy of Webb Institute)

Webb Institute announced that Matthew R. Werner has been named Webb Institute’s next Academic Dean.   Professor Werner, the American Bureau of Shipping Chair of Naval Architecture and Marine Engineering, will begin his term on July 1, 2015


China Defends South China Sea Reclamation

China on Thursday sketched out plans for the islands it is creating in the disputed South China Sea, saying they would be used for military defence as well as to provide civilian services that would benefit other countries. Chinese Foreign Ministry spokeswoman Hua Chunying told a news briefing


UK Summons Argentine Ambassador over Falklands' Comments

Britain said on Thursday it had summoned the Argentine ambassador to explain the latest war of words over the disputed Falkland Islands which included a threat to prosecute British energy firms operating in the area. Last week, Premier Oil Plc and Falkland Oil and Gas Ltd said they had made an


LATC Orders Damen PSVs for Nigerian Offshore Sector

Photo: Damen

Africa-focused proprietary investment firm L.A.T Cleveson (LATC) has signed an order with Damen Shipyards Group for the supply of two PSV 3300 Platform Supply Vessels and two FCS 5009 Fast Supplier Vessels. This transaction will bring next generation Damen PSVs to the offshore industry of Nigeria


China Justifies Reclamation of Islands in South China Sea

Map source: UNCLOS, CIA

 China has justified its reclamation work on some disputed islands in the Spratly archipelago in the South China Sea, saying they would be used for military defense and to provide civilian services that would benefit other countries.   


US Fishermen Seek Federal Action against Illegal Fishing

Florida Rep. David Jolly listens to Mark Hubbard, CEO of Hubbards Marina in Johns Pass, Fla., explain how foreign illegal fishing in the Gulf of Mexico is hurting commercial fishing throughout the Gulf region. (Photo: Gulf Coast Leadership Conference)

Gulf of Mexico fishermen are threatened by a daily wave of foreign illegal fishing vessels and the U.S. fishing industry is calling on Congress to take action, Florida business owners said April 8 at an event hosted by the Gulf Coast Leadership Conference.  


CMA CGM Upgrades Gulfbridge, Hispaniola Lines

Container shipping company CMA CGM Group announced its Gulfbridge service upgrade, and its Hispaniola feeder service optimization.    The CMA CGM Group upgrades its Gulfbridge service between the Gulf of Mexico and the Caribbean area






 
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