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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


Harvey Gulf Acquires Shipbuilding Assets

Gulf Coast Shipyard (Photo: HGIM)

Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group   Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets, the company announced today


China says Changing Position on Sea Dispute would Shame Ancestors

South China-sea

  Changing position on China's claims over the South China Sea would shame its ancestors, while not facing up to infringements of Chinese sovereignty there would shame its children, Foreign Minister Wang Yi said on Saturday. China has become increasingly assertive in the South China Sea


Missing Divers Found in Gulf of Mexico

A Coast Guard Air Station Corpus Christi MH-65 Dolphin helicopter aircrew stands with two rescued divers after they were located and rescued Saturday, June 27. (U.S. Coast Guard photo)

U.S. Coast Guard crews locate two missing divers in Gulf of Mexico   Two overdue divers offshore from San Jose Island, Texas, were rescued by a U.S. Coast Guard (USCG) helicopter crew Saturday afternoon.   The two San Antonio men, Dennis Garrett and Robert Holms


ASRY Inks UK Royal Navy Support Contract

ASRY chief executive Nils Kristian Berge (right) signs the agreement with Babcock warships managing director Mike Whalley (left). (Photo: ASRY)

ASRY and Babcock have signed a long term support facility agreement to provide ongoing services to the U.K. Royal Navy in Bahrain   ASRY (Arab Shipbuilding & Repair Yard), a shipyard in the Arabian Gulf, has signed a long-term collaborative enabling agreement with U.K


WISTA USA Hosts 2015 AGM & Conference

Photo: WISTA

This year's WISTA USA Annual General Meeting (AGM) brought together more than 120 maritime industry professionals from across the United States and around the world.    Declared a major success by WISTA USA president, Alexandra Anagnostis-Irons (president, Total Marine Solutions)


MSC's ECSA Service to the US & Mexican Gul

  Mediterranean Shipping Company announced improvements to its MSC’s East Coast South America (ECSA) service to and from the US & Mexican Gulf, effective from the first week of July. MSC’s current Amazon Service (Gulf to ECSA) & our US Gulf feeder service will be replaced


China Says About to Finish Some Land Reclamation in South China Sea

China will soon complete some of its land reclamation on the Spratly islands in the disputed South China Sea, the Foreign Ministry said on Tuesday, indicating that Beijing is close to setting up new outposts in the maritime heart of Southeast Asia.  


Boksa Wins Research Vessel Design Contract

Image: Boksa Marine Design

Boksa Marine Design informs it has signed a contract with a Florida-based oceanography institute for the design and engineering of a new 78-foot coastal class research vessel.   The new boat will replace an existing vessel which has been used as a floating laboratory for scientists and


New Bulk Cargo Pad for Port Manatee

Photo: Port Manatee

Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port.   Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction of the pad is slated to begin in September


Collaboration Enhances Oil Spill Research

Oil from Deepwater Horizon spill washes ashore Louisiana’s coast in June 2010. (Photo courtesy of Governor Jindal’s office)

New partnership allows USF-led research team to better study oil spills; group will gain valuable access to cutting-edge technologies to aid in analyzing long-term impacts   The University of South Florida’s (USF) College of Marine Science announced a new partnership with Agilent


AMI Group Adds IMS and IME

Photo: AMI Group

Island Marine Services Pte Ltd and Island Marine Engineering Pte Ltd join AMI Group; Karl Nilssen appointed General Manager – AMI Marine International PTE Ltd   For over 12 years Island Marine Services Pte Ltd (IMS) and subsequently Island Marine Engineering Pte Ltd (IME) have


Atlantic Pacific Marine Opens Miami Branch

Photo: APM

Marine engineering company Atlantic Pacific Marine (APM) informs it has opened a new site in Fort Lauderdale, Fla. to meet an increasing workload and customer base following another year of success and growth.   APM is headquartered in Cardiff, U.K


Catamaran Race Starts with 2 Rescues

An Air Station Corpus Christi rescue swimmer is deployed for two rescues in the Gulf of Mexico and audio of a distress call from one of the mariners on VHF-16. (screenshot from USCG video)

Great Texas 300 catamaran race begins with two Coast Guard rescues on the first day   The U.S. Coast Guard brought two men to safety Thursday after a sailboat capsized 3 miles offshore and rescued another man who went overboard 11 miles offshore; all were participating in the first leg of


Clean Ocean Access Partners Newport Boat Show

  Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today that Clean Ocean Access is its Official Charitable Partner for the 45th Annual Newport International Boat Show. A 501(C)3non-profit organization


Colombia Upgrades Aids to Navigation

Guia Buoys loaded in one of the vessels, in Colombia. (Photo: Almarin)

DIMAR, the Colombian Maritime Authority, informs that it continues to improve aids to navigation around the Colombian coast.   This time it’s been in the Gulf of Urabá, in the Northwest Caribbean coast. The Navy has contracted Almarin






 
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