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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.


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


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,


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


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.


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


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,


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


Taking the Guesswork Out of Bunker Procurement

Inatech launches its Optimizer to add smart decision making for fuel purchasing to its cloud-based management solution for the entire fuel procurement process. The company explains that Optimizer helps ship operators take the guesswork out of their fuel purchasing decisions by providing real-time guidance on the three key factors of quantity, location and price strategy-how much fuel to buy for each ship in their fleet


EU to Invest in Port of Dublin Development

The EU's TEN-T Program  will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection to the main rail and road axis linking Ireland to the UK and continental Europe.


iXBlue Gyrocompass Chosen for the French Navy

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PIRIOU selects iXBlue’s QUADRANS as reference gyrocompass for the French Navy B2M multi-mission ship program as iXBlue QUADRANS sales tops 400 units since launch. For each vessel, iXBlue will supply the complete navigation suite, including QUADRANS gyrocompass


Software Upgrade for Ahrenkiel Steamship Fleet

Ahrenkiel’s entire fleet will be equipped with DNV GL’s ShipManager software

Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels. The implementation of ShipManager on the entire fleet of 60 vessels, including containerships and bulk carriers, is scheduled to start this year


Foster Wheeler & MDM Engineering Merged

Courtesy : Foster Wheeler

   Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12, 2014.


Foster Wheeler to Upgrade ExxonMobil's Antwerp Refinery

Antwerp refinery

  Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical BVBA (“Esso”) for the Antwerp Northwest Europe Resid Upgrade


RH Petrogas’ Gets Green Light on Fuyu 1 Block

The approved ODP allows KRL to operate and drill up to 1,008 wells in Fuyu 1 Block over a course of five years. RH Petrogas Limited, which is engaged in the business of exploration, development and production of oil and gas resources, said that the Group’s Overall Development Plan for the


Extreme Applications Demand Specialist Small Craft

Image RE MN Article - Extreme Applications Demand Specialist Small Craft.jpg

In a dangerous world, even the largest ship in the world depends on the smallest maritime security and special mission platform. And when it comes to small boat security operations, innovation is the name of the game. With 90% of world trade transported by sea then passing through ports and


Saipem Bags $750m E&C Contracts in Gulf of Mexico

Umberto Vergine, Saipem CEO,

  Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field


Crowley Receives Heavy-Lift Deck Barge in Singapore

HDB: Photo Crowley Maritime

Crowley Maritime Corporation’s solutions group announced today that it has received the first two of potentially four, new heavy-lift, ballastable deck barges (HDBs) for use by clients in the Asia-Pacific region. These new barges, which will be contracted and managed from the


Northrop Grumman Advances Unmanned Maritime Capabilities

NORTHROP-GRUMMAN logo.jpg

Innovative unmanned systems program moves forward to Phase II.   Northrop Grumman Corporation (NYSE: NOC) is developing new, advanced unmanned systems to support the Department of Defense's capability to deploy global persistent intelligence, surveillance


RCN to 'Retire' Four Ships, Procure Replacements

HMCS Preserver: Photo RCN

Admiral Mark Norman, Commander of the Royal Canadian Navy (RCN), informed a recent news conference that the RCN begins its transition to the future fleet. The four ships to be taken out of service are Her Majesty’s Canadian Ships (HMCS) Protecteur and Preserver


Navy, Other Agencies, Award Bio-refinery Contracts to 3 Firms

Biofuel RAS: Photo USN

As part of a 2011 Presidential directive, the Departments of Navy, Energy, and Agriculture have announced that three companies have been awarded contracts to construct and commission biorefineries capable of producing "drop-in" biofuels to meet the transportation needs of the military


New Versatile McDermott CSV Christened

CSV 108: Photo McDermott

McDermott International, Inc. informs of the christening of its new Construction Support Vessel 108 (“CSV 108”) at Metalships & Docks shipyard in Vigo, Spain. The shipyard hosted a naming ceremony attended by Tony Duncan, Executive Vice President


Rickmers Shipmanagement Get DNV GL '5-Star' Recognition

Certificate presentation: Photo DNV GL

DNV GL inform that Torsten Schramm, COO Division Germany, Middle East & Asia at DNV GL presented the certificate to Björn Sprotte, Global Head of Maritime Services, Rickmers Shipmanagement, at the at the DNV GL booth during the current SMM 2014.


Technip Wins EPIC Contract for Juniper field offshore Trinidad

  Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad. The scope of work consists of design, detailed engineering, procurement, construction






 
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