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Advance Procurement

Ingalls Awarded USN Contract for 11th LPD 27

USN LPD 27 Class Ship: Photo credit HII

Ingalls to provide long-lead materials for US Navy LPD 27 The US Navy has awarded a million cost-plus-fixed-fee advance procurement modification contract to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division to provide long-lead materials for the 11th San Antonio-class (LPD 17) amphibious transport dock, LPD 27. The advance procurement contract for LPD 27 is the fourth to be awarded to the company, with the first contract awarded in October 2010. Under the latest $70m contract, Ingalls will provide long-lead-time materials including main engines and diesel generators and other equipment such as electrical switchboards, deck equipment and fire extinguishing systems in support of the new ship. The 684ft-long, 105ft-wide San Diego-class has a displacement capacity of 24,900t, can accommodate 800 troops and is designed to provide combat support for the US Navy and US Marine Corps.


Ingalls Shipbuilding Gets Large Advance Procurement Finance

Ingalls Shipbuilding Awarded US$133.7-million advance procurement contract for Amphibious Transport Dock LPD 27 Huntington Ingalls Industries (NYSE:HII) announce that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class.


Northrop Grumman Awarded $93.8M Contract Modification

The U.S. Navy exercised a $93.8 million contract modification option to Northrop Grumman Corporation for detail design and the procurement of long-lead-time material on the LHA 6 amphibious assault ship program. This is the first option exercised on the initial contract, awarded in July 2005. With this option, the total contract value has increased to $203.7 million. If all options are exercised, the contract has the potential to reach $264 million.


Electric Boat Gets Sub Funds

Electric Boat Corp., Groton, Conn., is being awarded a $1,503,050,893 modification to its FY04-FY08 Virginia class multi-year contract, which provides funding for FY05 multi-year ship (SSN 780), Advance Procurement (AP) funding for FY06 multi-year ship (SSN 781), and Economic Order Quantity funding for FY06-08 multi-year ships (SSN 781-783). Electric Boat will continue to subcontract with Northrop Grumman's Newport News Shipbuilding. Work will be performed in Groton,


Ingalls Shipbuilding Wins $70m Navy Deal

Huntington Ingalls Industries (NYSE:HII) said its Ingalls Shipbuilding division has received a $70m cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship


Offshore Sector Helps Wrist Ship Supply Grow in 2011

Wrist Ship Supply reported solid growth in market share and turnover following a year of focused consolidation. According to the company, its turnover reached DKK 2,447 million in 2011, an increase of 20% since 2010, and earnings before interest and tax (EBIT) increased by 45% to DKK 21.7 million. The company saw positive development across regional operation areas, particularly Asia-Pacific and Germany. The rapidly growing offshore market represents another area of expansion for Wrist


Navy Awards Electric Boat $16.3M Contract

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN-761) depot modernization period (DMP). Under the terms of the contract, Electric Boat will perform advance planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations,


Navy Awards $14b for 8 Virginia-Class Subs

On Dec. 22, the U.S. Navy reaffirmed the strategic need for a robust, adaptable submarine force by awarding General Dynamics Electric Boat a contract valued at $14b for the construction of eight Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD). The multi-year contract allows Electric Boat and its teammate, Northrop Grumman Shipbuilding, to proceed with the construction of one ship per year in 2009 and 2010


New Navy Contract

Northrop Grumman Shipbuilding, Inc., Newport News, Va., is being awarded an $80,886,408 cost-plus-fixed-fee, level-of-effort contract for fiscal 2010 advance planning to prepare and make ready for the refueling complex overhaul of the USS Abraham Lincoln (CVN 72) and its reactor plants. This effort will provide for all advanced planning, ship checks, design, documentation, engineering, procurement, fabrication, and preliminary shipyard or support facility work


US Navy Eyes Next LCS Contracts in Q1

Littoral combat ships USS Independence (LCS 2) and USS Coronado (LCS 4). (U.S. Navy photo by Keith DeVinney)

The U.S. Navy plans to award contracts before the end of the first quarter to Lockheed Martin Corp and Australia's Austal for its next three Littoral Combat Ships (LCS) as well as money to buy materials for a fourth, Navy officials said Thursday.   Navy acquisition chief Sean Stackley told reporters the Navy was in talks with both companies and expected to award contracts before the pricing in the current proposals expired at the end of March.  


Germany Set to Buy 4 Multi-role Warships

Germany has a budget of around 4 billion euros ($4.5 billion) to buy four new multi-role combat ships and plans to issue a tender open to European firms, Defence Minister Ursula von der Leyen said on Tuesday.   The new MKS 180 warships are expected to be delivered from 2023


Fukushima Floating Offshore Wind Project Progressing

Photo: Mitsubishi Heavy Industries

An experimental offshore floating wind farm project sponsored by the Japanese Ministry of Economy, Trade and Industry has been underway since March 2012. Participating in the project is a consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi


Thailand Buying 3 Chinese Subs

Image: U.S. Navy

 Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each.    Three Chinese-made submarines worth 355 million dollars each may be purchased by Thailand for its Royal Navy, the newspaper Bangkok Post reported today (Friday)


Boskalis Wins Veja Mate OWF Foundations Deal

Veja Mate offshore wind farm

  Royal Boskalis Westminster N.V. (Boskalis) in partnership with VolkerWessels (Volker Stevin International) has been awarded a contract by Veja Mate Offshore Project GmbH for the design, procurement, fabrication, supply, transportation


UASC Streamlines Fuel Purchasing

Photo: UASC

United Arab Shipping Company (UASC), a global shipping company based in the Middle East, has implemented Shiptech, an end-to-end fuel management system developed by global cloud software company Inatech.   Shiptech provides the company with an automated, cloud-based


Chevron Hires Norce Endeavour for Thailand Ops

Norce Endeavour. Pic courtesy: Solstad Offshore ASA

 Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days.   Solstad has received confirmation from Chevron in Thailand for the 2016 Offshore Installation Campaign utilizing its Derrick Lay


E-Procurement Streamlined via the Cloud

Joseph E. Royce, CEO of MPS, aims to enhance the purchasing cycle via its cloud-based Direct Connect  e-procurement trading platform.

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software, consultancy services and other customized solutions through its Direct Connect e-procurement trading platform that is designed to unite


Canada to Scale Back Plan for Navy Ships, Go Over Budget

Canadian officials said on Friday a C$26.2 billion ($21.5 billion) program to build 15 naval ships could end up below target and over budget, the latest challenge to Canada's troubled military procurement process.   In 2010, the Conservative government announced the program to replace three


Subsea 7 Bags Norwegian North Sea Contract

Subsea 7 S.A. announced it has been awarded a pipeline and construction contract worth approximately $300 million from Wintershall Norge AS for the Maria field development.   The contract consists of engineering, procurement, construction and installation (EPCI) of 95 kilometers of rigid


Turkey Signs Contract for Light Career

Picture: Navantia

 The Turkish shipyard SEDEF has signed a contract with the Turkey's procurement agency, the Undersecretariat for Defense Industries (SSM) for the design and construction of Landing Platform Dock (LPD) for the Turkish Navy.   


Indonesia Gets Multipurpose Research Vessel from France

Photo: Indonesian Navy

 The Indonesian Navy has taken delivery of a French-made KRI Rigel 933 multipurpose research vessel at Jakarta International Container Terminal 2, Tanjung Priok, North Jakarta, Jakarta Post reported.   The ship was delivered from the OCEA Les Sables d'Olonne shipyard in France.


Bridge Systems Ordered for Canadian Navy Newbuids

Artist rendering of the definition design for Arctic/Offshore Patrol Ships

OSI Maritime Systems signs contract for the implementation phase of Integrated Navigation and Bridge Systems for the Royal Canadian Navy’s Arctic Offshore Patrol Ship Program   OSI Maritime Systems Ltd.  (OSI) has signed a contract with Lockheed Martin Canada to build


Egypt's $3 Bln LNG tender in June

Image: Egyptian Gas Holding Company

 Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently secured 90 cargoes of the liquefied natural gas, majority of which came through a $2.2 billion tender


Mastering Fleet Management

The Proving Ground.  Maritime innovation is in the Norwegian DNA, and its rugged coasts and waters have made, and broken, a long list of maritime technologies.

Fleet management software developer Tero Marine has served the shipping industry for nearly three decades with a product range led by its software suite TM Master, now a leading fleet management brand with more than 2,000 licenses worldwide.


Newport News Shipbuilding Adds Warehouse Space

Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding division has increased its indoor material storage capacity by more than 500,000 square feet with the addition of new warehouse space in the West Park Warehouse Complex in Hampton.  






 
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