GULF ISLAND MARINE FABRICATORS
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.
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
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
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
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 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
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.
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.
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
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
A canoe race will take place on 21 November 2015 (Saturday) from Clear Water Bay, Sai Kung to Stanley Main Beach, Hong Kong Island. About 130 outrigger canoes are expected to participate in the race. The race will start off Clear Water Bay at 0900 hours and all participants are expected
Military assets deployed in support of Falkland Island government in cruise ship rescue. In support of the Falkland Island Government, British forces based in the Falkland Islands yesterday responded to a distress call by the 10,000 tonne cruise ship ‘Le Boreal’
A United Nations arbitral tribunal in The Hague heard some of the Philippines’ territorial claims over the disputed Spratly Islands in the South China Sea on Tuesday. A delegation of nearly 50 lawyers and representatives for the Philippines gathered to present their case
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Arabian Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made their maiden calls
Dubai-based Gulf Navigation Holding (Gulfnav), a leading maritime and shipping company, has reported a substantial 123 per cent profit growth at the end of the third quarter of 2015 compared to the same period the previous year.
Four refugees drowned and another six were missing off the Greek island of Farmakonisi after their boat sank, the Greek coastguard said on Monday. Four people were rescued, the coastguard said in a statement. The vessel the migrants were travelling on sank in an unknown location north of the
HMAS Sydney will be decommissioned after 32 years of service at her homeport of Garden Island, Sydney on November 7, 2015. During the conduct of maritime operations spanning the globe HMAS Sydney, an Adelaide Class Guided Missile Frigate serving with the Royal Australian Navy has
Crews continue to respond to and investigate a reported discharge of an unknown substance from the site of a sunken barge near Kelleys Island Shoal in Lake Erie Thursday. The unified command, consisting of the U.S. Coast Guard and the Ohio EPA
Rolls-Royce yesterday opened a new, custom built, 2,100-square-meter service facility at the Astican Shipyard in Las Palmas, on Gran Canaria in the Canary Islands. The center is a partnership between Rolls-Royce and the shipyard. Las Palmas’ position in the Atlantic allows
Australia has farewelled a Royal Australian Navy ship that has served the country for over three decades in a ceremony today on Sydney Harbour. The Governor-General, His Excellency General the Honourable Sir Peter Cosgrove, AK MC (Retd), together with the Minister for Defence
Gulf Island Marine Fabricators has recently delivered a new drydock named the J.B. Barthelemy to FMT Shipyard and Repair. The new drydock, which is 180 feet long and 73 feet wide with 63-foot clearance between the wingwalls, seven-foot deep pontoon with 18-foot high wing walls, has a 2
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) has received orders from government officials to cease production on five of its ships presently under construction, following a series of deadly shipyard incidents, Yonhap reported.
Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf. The issue was brought up during Zangeneh’s talks with Belgian Secretary of
Norwegian oil major Statoil said on Tuesday it will pull out of Alaska's Chukchi Sea, just weeks after Royal Dutch Shell abandoned the treacherous waters there after spending billions on oil exploration work. The latest pullback comes as oil companies slash spending on expensive offshore
Eastern Shipbuilding Group launched M/V Harvey Sub-Sea (Hull 249) for Harvey Gulf International Marine, Inc. M/V Harvey Sub-Sea is a first of two (2) 340 ft. Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine. M/V Harvey Sub-Sea will feature a 250MT AHC Knuckle Boom Offshore Crane