OFFSHORE SPECIALTY FABRICATORS
Gulf Island Fabrication, Inc. (GIFI) informs that through its subsidiary Gulf Island Marine Fabricators, L.L.C., it has signed a contract for the fabrication of two 8,000 bhp twin screw diesel-engined river towboats. 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 June 30, 2014. GIFI adds that the contract includes an option (expires March 15, 2015) for a third 8,000 bhp towboat that would be included in backlog upon exercise of the option, should the customer elect to do so. About GIFI Gulf Island Fabrication, Inc., based in Houston, Texas, with fabrication facilities located in Houma, Louisiana, and San Patricio County, Texas, 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. http://www.gulfisland.com/
Orion Marine Group, Inc. headquartered in Houston, Texas, announce award of a contract which is worth approximately US$14-million. The contract is for the design and construction of offshore mooring facilities for a liquids terminal in the Caribbean. The project is expected to commence in the 4th quarter and to last approximately 12 months. Orion Marine Group, Inc. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast
Superior Fabricators of Baldwin, La., has been awarded cantilever extensions for two Global Marine Jackup rigs, which are currently under tow into the Gulf of Mexico from West Africa. The extensions will provide for an additional 15 ft. of cantilever reach for Glomar Adriatic IX and Glomar Adriatic X, both of which are LeTourneau 116-C class rigs.
By Larry Pearson For many years Houma Fabricators, Houma, La. built passenger boats, offshore boats and other steel hulled vessels much like a dozen other shipyards in the Gulf south. In the mid-90's they built several large gaming boats for Iowa entrepreneur Bob Kehl. If you hadn't stopped by Houma Fabricators for the past two years, today you would not recognize the place. Purchased by Shipyard De Hoop of the Netherlands in 2001
Klϋber Lubrication, a worldwide manufacturer of specialty lubricants, announced that Ron Person has joined its North American operations as director of business development for oil and gas. In his new role, Person will be responsible for further developing application-specific support and customer service initiatives designed to better position Klüber Lubrication as a specialty lubricant producer in the oil and gas market
Quest Specialty Chemicals, a leader in the specialty coatings industry, appoints 'Marj' Shymske president of its subsidiary. With over 30 years of experience in sales, marketing and management, with an emphasis on assembling effective teams and successful business expansion, Shymske is an established leader in the building materials industry. Shymske’s substantial experience in both Fortune 500 and private equity owned environments
Two oil and gas players, SapuraCrest Petroleum Bhd and Ramunia Holdings Bhd, announced major contracts related to the industry worth $120 million and $24 million respectively. SapuraCrest said its 51%-owned unit Tioman Drilling Co Sdn Bhd had been awarded a contract from Carigali-Triton Operating Co Sdn Bhd (CTOC) for the provision of two drilling units– Teknik Berkat and a new mobile drilling vessel, known as T-10 – to CTOC.
Marine Inland Fabricators, located in Panama City, Fla, specializes in truckable push boats. The company currently has 21 employees and delivered 26 boats in 2009. So far this year, the company we has built 23 push boats. Marine Inland Fabricators also builds barges and has built work boats as big as 60 ft by 26 ft by eight ft, two of which are currently working in Lake Ponchartrain in New Orleans, La. We recently filled a seventeen boat order for General Electric to work in the
Quest Specialty Chemicals, a company in the specialty coatings industry, announced the appointment of Rick Martin as Chief Financial Officer, effective immediately. Martin has an experience in finance within a number of global industrial businesses, emphasizing financial and internal control activities, investor relations and risk management. Prior to joining Quest, Martin served as Vice President Corporate Controller, Treasurer and Secretary for Hilex Poly Co., LLC
Bollinger Shipyards announce that Daniel “Danny” Richardel has been named Vice President-General Manager of Bollinger Marine Fabricators, Amelia, Louisiana. Ben Bordelon, Bollinger’s Chief Operating Officer said: “Danny has been an integral component of Bollinger’s success in the many commercial and government programs we have completed over the years. His leadership and management skills will help guide the success of our Marine
24 month, four-workboat, charter service agreement to provide DONG Energy with construction support across the Race Bank offshore wind project DONG Energy, a developer of offshore wind projects, and offshore energy support vessel operator Seacat Services, today confirmed a two-year
Aqualis Offshore and China Ship Design & Research Center Co., Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC, a subsidiary company of China Shipbuilding Industry Corp (CSIC)
Unfamiliar specifications and processes often result in rework, delays and misunderstandings, and are adding thousands of engineering hours to the design and construction of offshore oil and gas installations. Cost savings are delivered by addressing variations in owner, operator
ABB will deploy 40 special transformers to equip wind turbines for an offshore wind farm in the Irish Sea. The MHI Vestas Offshore Wind turbines are 195 m (640 ft) tall - around two-thirds the height of the Eiffel Tower - and weigh 1000 metric tons
Sea Hawk today announced the introduction of VMG Hard & Fast Racing Finish, a revolutionary new bottom coating geared specifically for fresh water sail boaters and power boaters looking to enhance the performance of their vessels. VMG
Hyundai Heavy Industries and Doosan Heavy Industries Collaborate in Localizing Main Equipment for Offshore Plants Seoul, South Korea – February 4 – Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced that it has signed a memorandum of understanding
TC Westermost Rough OFTO Limited has appointed offshore renewables specialist CWind to maintain on- and offshore assets at Westermost Rough offshore wind farm. CWind, a provider of services to the offshore wind industry, has announced today
* Positive EBITDA margin during 4Q2015, net loss of NOK 170 million for the quarter * Net loss of NOK 1.29 billion for FY2015, weighed down by NOK 474 million net FX losses (NOK 734 million FX losses and NOK 260 million FX gain), of which NOK 380 million net unrealized
Weak market conditions seen driving consolidation; owners prepare for longer downturn; bright spot for anchor handlers in the past months A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented industry
Sherwin-Williams Protective & Marine Coatings was awarded the Steel Tank Institute (STI) 2015 Affiliate New Product of the Year for its EnviroLastic Polyaspartic coatings at STI’s annual meeting in partnership with the Steel Plate Fabricators Association.
Venture will rebrand and integrate Tidal Solutions specialty commercial marine products into its portfolio of industry leading programs. Venture Insurance Programs, a national insurance program administrator, today announced it has acquired Tidal Solutions, LLC, a Charlotte
The shipping industry’s reliance on interconnected technology also poses risks,according to Allianz Global Corporate & Specialty SE’s (AGCS) fourth annual Safety and Shipping Review 2016, which analyzes reported shipping losses of over 100 gross tons.
The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), though 85 total losses reported worldwide last year, down from 88 in 2014 and well below the 10-year average of 123.
Port of Portland approves 14-acre PDX Logistics Center Phase III lease with Capstone Partners The Port of Portland Commission today approved a 14-acre, 50-year lease with locally based Capstone Partners and its investment partner PCCP, LLC to develop Phase III of the PDX Logistics Center
China has agreed to scrap export subsidies on a range of products from metals to agriculture and textiles, the United States said on Thursday, in a step by Beijing to reduce trade frictions with Washington. China is to end a program known as its "demonstration bases-common service