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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


USCG Rescue 2 on Bahamian Island

Two men stranded on a remote Bahamian Island rescued

  Two stranded men are safe after the Coast Guard rescued them off an Island in the Bahamas Tuesday afternoon. Coast Guard 7th District watchstanders received a request for assistance from the Royal Bahamian Defense Force to rescue two U.S. citizens from a remote island


GE Launches GE Marine Organization

Image: GE

GE unveils GE Marine organization to power, propel and position the global marine industry   GE unveiled today its new GE Marine organization which cumulates several GE businesses and will be led by Tim Schweikert, vice president, GE Marine.  


South Korea Mulls Maritime Study with North Korea

Picture: South Korea’s Maritime Affairs and Fisheries Ministry

South Korea would propose a joint research with North Korea to develop marine resources and ocean tourism, reports Korea Herald.  South Korea’s Maritime Affairs and Fisheries Ministry pointed out the need of an excavation of North Korea’s marine resources


Zamakona, Finnish GS-Hydro Ink Deal

Presentation ceremony of the agreement between Zamakona and the Finnish GS-Hydro

  The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.


Record Breaking Cruise Liner Season Ahead for Orkney

Image courtesy: Orkney Islands Council

Orkney is set for a multimillion pound tourism bonanza with a record-breaking year of cruise liners due to visit. The number of cruise ships visiting Orkney will top the 80 mark for the first time this year, says a Orkney Islands Council press release.  


Lindenau’s Concept: Waste Recycling Ships

Lindenau Project:  The Waste-Recycling-Ship-Concept for the Maldives.

Millions of tons of waste reach the oceans each year, causing the sea to become the planet’s largest garbage depot, as inadequate or nonexistent waste management systems – particularly in coastal and island communities – enable massive patches of marine debris to form around the


USS Makin Island Visits Singapore

The amphibious assault ship USS Makin Island (LHD 8), embarked with Amphibious Squadron Five and 11th Marine Expeditionary Unit (MEU) arrived in Singapore today (Jan. 16) for a scheduled port visit.   Sailors and Marines will have an opportunity to experience the Singapore culture and


Great Lakes Towing Announces Two New Hires

Mark W. Delventhal

The Great Lakes Towing Company has hired two new employees within its Great Lakes marine operations group. Lindsay R. Dew has been named Director of Operations & Compliance, and Mark W. Delventhal has been named Director of Technical Services & Business Development – both


Custom Ro-Pax Delivered in China

San sha No. 1 (Photo courtesy of Knude E. Hansen A/S)

The first Ro-Pax cruiser designed and built in China for the Chinese market has entered into service on January 1, 2015.   The ship, named San sha No. 1, can carry wheeled cargo, containers, trailers as well as passengers, and was delivered to China's southernmost city Sansha in Hainan


Kvichak Delivers Two Vessels to Tymac

Photo courtesy of Kvichak Marine

Kvichak Marine delivered two all-aluminum 36.6’ Crew / Pilot Boats to Tymac Launch Service, Ltd. of British Columbia, Canada.   The vessels were designed by Kvichak for the specific use of transporting 12 or fewer passengers for BC coast pilots, government officials


Nichols Brothers to Build Vessel for American Samoa

Image: Nichols Brothers Boat Builders

Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by the Government of American Samoa to build a multipurpose vessel to operate in the warm waters of the South Pacific primarily between Pago Pago and the Manu’a Islands


New Satellite System to Track Illegal "Pirate Fishing"

About 20 percent of the world's fishing catch is taken illegally by poachers, experts estimate, but a new satellite tracking system launched on Wednesday aims to crack down on the industrial-scale theft known as "pirate fishing."


Satellites to Track Illegal 'Pirate Fishing'

File photo

About 20 percent of the world's fishing catch is taken illegally by poachers, experts estimate, but a new satellite tracking system launched on Wednesday aims to crack down on the industrial-scale theft known as "pirate fishing."  


RUMBA Sails with 'Spirit of Malabo' Onboard

Antillean Marine Shipping Corporation Puts Rower Back On Course

  A container carrying the twenty-four foot Brazilian built ocean rowboat, Spirit of Malabo, left the Port of Cap Haitian on Saturday en-route to Port Everglades Terminals (PET) in Florida aboard Antillean Marine Shipping Corporation vessel RUMBA.


Tauber Oil Opens West Calcasieu Port Operations

Photo: West Calcasieu Port

Tauber Oil Company of Houston has become the West Calcasieu Port’s newest tenant.    “Tauber Oil is a service-oriented wholesale energy marketing company with a reputation for reliable performance and untarnished character,” said Lynn Hohensee, port director






 
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