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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


MN100: Conrad Shipyard

Johnny Conrad (Photo: Conrad Shipyard)

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets


MN100: McDonough Marine Service

(Photo: McDonough Marine Service)

The Company: Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions, McDonough forged his company, expanding from the Ohio River to the Gulf of Mexico and eventually to the East Coast


Global Climate Change Threatens Papahānaumokuākea Marine

Photo: National Oceanic and Atmospheric Administration, USA

 Despite its remote location in the Northwestern Hawaiian Islands, Papahānaumokuākea Marine National Monument faces a looming threat of global climate change that will affect its land and marine ecosystems, as well as its cultural resources, according to a new NOAA report.  


MN100: SeaSchool

Image: SeaSchool

The Company: Sea School prides itself on remaining ahead of the competition with over 36 years experience in dealing with Coast Guard Licensing, Regulations, and Maritime Education. The school employs U.S. Coast Guard approved instructors with extensive knowledge and experience in commercial


MN100: Blount Boats, Inc.

Marcia Blount (Photo: Blount Boats)

The Company: Over time, the Blount shipyard has built more than 365 vessels. Today, Blount Boats’ clients include Fire Island Ferries, Casco Bay Island Transit District, Puerto Rico and Municipal Islands Maritime Authority, Spirit Cruises, Circle Line Statue of Liberty (Hornblower)


Indonesia to Change Name of South China Sea to Natuna Sea

Photo: Indonesia Maritime Institute

 President of Indonesia Joko Widodo, commonly known as Jokowi,  has vowed to transform Indonesia, which includes 17,000 islands into a ‘maritime power’, and also includes plans to improve port infrastructure, as well as plans to fund a massive infrastructure programme


MN100: Kirby Inland Marine

Photo: Kirby Inland Marine

The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii


This Day In Naval History: August 17

Cover of the commissioning program for USS McCampbell (DDG 85)

1812 - The frigate, USS President, captures British schooner, HMS L'Adeline, in the North Atlantic.   1841 - Secretary of the Navy George E. Badger signs that the Chief Clerk's signature is valid on the certified copy of the medal citation awarded to Capt


This Day In Naval History: August 16

Seadragon (SSN-584) is launched on August 16, 1958 (USN photo)

1822 - USS Grampus investigates and pursues a brig flying Spanish colors. When called upon to surrender, the privateer brig Palmyra from Puerto Rico fires cannon and musket fire. USS Grampus fires back on Palmyras broadsides reducing Palmyras rigging to a complete wreck


How the Marshall Islands became a top U.S. Crude Destination

Best known for diving, lagoons and the island that gave the world the name for the bikini swimsuit, the Marshall Islands is now gaining attention as a top-five destination for U.S. crude exports despite the lack of a refinery to process the oil.


Navionics+Regions Available in New Areas

New Navionics+Regions Image Navionics

Navionics, the leader in content and location-based services for the recreational boating and outdoor markets, announced today the release of Navionics+ Regions in five coverage areas throughout the U.S. and Canada. At the affordable price of $149 per region


China Launches Maritime Satellite

Gaofen-3 onboard the Long March 4C rocket. Image Courtesy: Xinhua

 China’s Academy of Space Technology in Beijing has launched a new high-tech satellite, called the Gaofen 3 high-resolution Earth observation satellite, which has been designed to protect its maritime interests, as well as warn of natural disasters, according to China Daily.  


Oregon State University Seeks New Research Vessels

Oregon State University (OSU) will issue a request for proposals (RFP) for a project to construct up to three advanced regional class research vessels to help replenish the aging United States academic fleet.   OSU will implement a two-stage “best value procurement process”


KONGSBERG Bags EPCI work for Two Caledonian Maritime Assets ferries

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Kongsberg Maritime has been awarded Engineering, Procurement, Construction & Installation (EPCI) contracts with the Glasgow based shipbuilder and marine fabricator, Ferguson Marine Engineering Limited (FMEL). The contracts, worth more than NOK 160 Million


This Day In Naval History: August 5

1832 - USS Potomac, becomes the first U.S. Navy ship to entertain royalty, King and Queen of Sandwich Islands.   1858 - The last bit of cable is laid by USS Niagara and British ship Agamemnon to complete the first trans-Atlantic cable






 
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