By Larry Pearson Family businesses are not only numerous in the offshore vessel owners arena, but among the shipyards that build these boats as well. Gulf Craft, owned by the Tibbs family, is an excellent example of a company that has been building aluminum boats during the last five decades and has prospered under two generations of family ownership, and is positioned for a smooth transition to the third generation. The shipyard is located in Patterson, La., along Bayou Teche. The yard was founded by Scott Tibbs in 1965 and began by building small aluminum vessels of all kinds. By the early 1970's, Gulf Craft built its first crew boat for Norman McCall Boat Rentals, a 75-ft. vessel named the Joseph Alan. Since then they have built over 50 additional crew/supply boats for McCall and the present company Seacor Marine. "Over the past 30 years there has almost always been a McCall or Seacor Crew vessel under construction at Gulf Craft," Scott Tibbs said. Scott's three sons Scott II, Kevin and Bryant began their shipyard careers early in life, Scott II (or Scottie) remembers. " We began working in the yard as teenagers after school and in the summer." Today Scottie (41) is Comptroller, Kevin (40) is President and Bryant (39) is the Purchasing Agent. Scott, now 64, has turned the operation of the shipyard over to his three sons.
Northrop Grumman Newport News, Newport News, Va., is being awarded a $6m cost-plus-fixed-fee modification under previously awarded contract to exercise an option for FY 08 advance Extended Drydocking Selected Restricted Availability (EDSRA) planning for USS Enterprise (CVN 65). Work will be performed in Newport News, Va., and is expected to be completed by February 2008. Contract funds will expire at the end of the current fiscal year
Military ship and submarine builder Newport News Shipbuilding Inc. on Friday posted flat fourth-quarter earnings, but beat targets in part on a ramp-up in activity on the Virginia-class submarine and a stock buyback that cut the number of shares outstanding. For 2001, the company said revenues would be even with last year, as first-quarter revenues are hurt by submarine volume reported in the last quarter of 2000. Still, per-share profits should grow due to improved margins.
Northrop Grumman Newport News Shipbuilding, Newport News, Va., is being awarded a $36,719,942 firm-fixed-price delivery order under previously awarded indefinite delivery/indefinite quantity contract (N00024-04-D-4409) for the interim dry-docking of USS Hyman G. Rickover (SSN 709). Work will be performed in Newport News, Va., and is expected to be completed by February 2005. Contract funds in the amount of $3,200,000, will expire at the end of the current fiscal year. The Naval
Northrop Grumman Corporation announces the following three executive appointments in its Newport News sector: Becky Stewart, currently vice president, Surface Ship and Submarine Fleet Maintenance Program has been named head of the Submarine Program; Irwin F. Edenzon, currently vice president, Business and Technology Development, has been named vice president, Technology Development and Fleet Support; and John J. Mazach, currently executive director, Business Development, has been
According to a Dec. 6 report from the News Herald, Eastern Shipbuilding Group is looking to hire 80 to 100 additional full-time employees, a company official said Wednesday, at a time when multiple area companies have announced temporary or permanent job cuts. Eastern Shipbuilding currently needs pipefitters, heavy equipment operators, painters, carpenters, inside/outside machinists and welders. (Source: News Herald)
Newport News Shipbuilding, Newport News, Va., is being awarded a $5,995,352 cost-plus-fixed-fee modification to previously awarded contract (N00024-02-C-2106) for an additional year of standard Navy valve yard services. Work will be performed in Newport News, Va. Contract funds in the amount of $5,564,456, will expire at the end of the current fiscal year. Work completion date or any additional information is provided on Naval nuclear propulsion program
Northrop Grumman Newport News has expanded its use of ABAQUS advanced finite element software. Traditionally, Northrop Grumman Newport News, the sole designer and builder of nuclear-powered aircraft carriers in the U.S., used a combination of ABAQUS and other commercial software for finite element analysis. As a result of their collaboration, technical teams from ABAQUS and Northrop Grumman Newport News determined that ABAQUS usage could be extended to a
In a good news/bad news ruling, a London judge ruled in an appeal case that a crew's rights to wages from the proceeds of a vessel's sale took precedence over a bank holding a mortgage over the ship. The claim centered on the sale in 1997 of the vessel Turiddu after the First National Bank of Maryland obtained judgment as mortgagees against the owners, the Maltese Pius Shipping Company, for $1.67 million.
According to a Nov. 10 report from CBC News, A major contract has been awarded to start work on Newfoundland and Labrador's Hebron offshore oil project. U.S. construction company Peter Kiewit has won a $70m contract for engineering and site preparation. The work will be done at Bull Arm fabrication site in eastern Newfoundland. Kiewit is sharing the work with Aker Solutions, and Exxon Mobil is leading the consortium to develop Hebron.
About 85 people have been injured, six of them seriously, when the high-speed ferry hit an unidentified object while travelling to the gaming mecca of Macau reports BBC News. The accident, which threw many of the 100+ passengers out of their seats
Among the latest listing of US Department of Defense contracts are those for the dredging of Newport News Navigation Channel, examination of littoral combat ship (LCS) core class shipyard services; and for the leasing of a submersible vessel, as follows: Dredging contract
The government is to make big changes to the way it subsidises renewable energy, with subsidies for windfarms set to rise at the expense of onshore options, reports BBC News. The BBC reports Government ministers as stating that they will cut support for onshore wind and solar energy
BMT Fleet Technology Ltd (BMT), a subsidiary of BMT Group Ltd, has announced its latest research project with the National Shipbuilding Research Program (NSRP) to evaluate recent advancements in Integrated Cold Electrode (ICE) welding technology. Jointly funded by industry and the U.S
South Korea plans to develop the offshore plant industry into a new engine for growth that will create over 10,000 new jobs by 2017, reports Yonhap News citing a government source. The government plans to effectively implement its policy initiatives by jointly investing some 900 billion won ($848
Two Greenpeace activists were today granted bail in St Petersburg, becoming the fourth and fifth of the so-called Arctic 30 to be told they will soon be released. Brazilian Ana Paula Maciels, 31, and David Haussmann from New Zealand, 49, from New Zealand were told they will be released from jail
Noble Corporation, contracted to Texan petroleum company, is preparing to drill one of New Zealand's deepest ever exploratory wells in the Taranaki Basin with its drill-ship 'Noble Bob Douglas'. Protesters have admitted they cannot stop drilling off the coast of New Zealand
The Arthur Foss, the Justine Foss and many other Foss Maritime vessels have been free of environmental mishaps for the past 20 years. In fact, 80 tugs and barges owned by the Seattle-based company, which has one of the nation's largest coastal tug and barge fleet
Prices 8.13 Mln Public Share Sale at Discounted $8/Share Nordic American Tanker (NAT) opened this morning on the stock exchange down more than 10% (Down $0.85 to $8.025/share in late morning trading) after saying it has priced a 8.13 million public offering at $8 per share
Today in U.S. Naval History - November 25 1775 - Continental Congress authorizes privateering. 1943 - In Battle of Cape St. George, five destroyers of Destroyer Squadron 23 (Captain Arleigh Burke) intercept five Japanese destroyers and sink three and damage one without suffering any damage
Developer RWE Innogy is pulling the plug on the 240-turbine Atlantic Array project, report BBC News citing a Department of Energy and Climate Change (DECC) source. The 222m (721ft) tall turbines, planned to be situated in an area 200 sq km, (77 sq miles) about 16
The propeller had been lost earlier this month from the Interislander ferry, the 'Aratere', which is expected to be out of service for 6 months as a result, but the propeller has now been found in Cook Strait by Seawork Salvage Co., contracted by KiwiRail, reports Radio New Zealand.
"World Shipping (China) Summit 2013" held in Ningbo, focused on the theme 'Responding to New Realities' with Hong Kong-based terminal & shipping group China Merchants Holdings International Co. (CMHI) acting as its special sponsor in conjunction with COSCO.
The European Commission has opened formal antitrust proceedings against several container liner shipping companies to investigate whether they engaged in concerted practices, in breach of EU antitrust rules. The news comes at a less than fortunate time for the three largest European container
Having served as the editor of Maritime Reporter & Engineering News for more than 20 years, it is my running joke that Jim Rhodes, president, Rhodes Communications, Inc., is the first person I see at every trade show I attend, anywhere I attend, around the world