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Construction Contract

Abu Dhabi Awards Construction Contract

Abu Dhabi Shipbuilding (ADSB), has granted a major construction contract worth $12.2 million to a joint venture of Arabtec and Overseas AST Co. The contract is the first of two major construction contracts planned in ADSB's ongoing facility expansion. This past August, the company signed a separate contract with Synchrolift for a new shiplift system, which is currently being manufactured. This contract with Arabtec and Overseas AST includes the construction of shiplift piers, dry berths, a new quay wall, two large assembly halls and the basic site infrastructure. The shiplift, dry berths and assembly halls will all be connected by a modern, land-level ship transfer system, which will significantly increase ADSB's vessel lifting and launching capability from its current 500 tons to 2,000 tons.

GD to Integrate Ship Mission System for JHSV

Austal USA has selected General Dynamics Advanced Information Systems as the ship mission system integrator for its Joint High Speed Vessel (JHSV). The JHSV will provide the U.S. Navy and the U.S. Army with superior capability to perform intra-theater lift. General Dynamics Advanced Information Systems is a business unit of General Dynamics. General Dynamics Advanced Information Systems will design, integrate and test the ship’s electronic systems including the computing environment

Aker Kvaerner Awarded Copper Mine Construction Contract

Aker Kvaerner signed a contract with Phelps Dodge Mining Company for construction of a greenfield copper mine near Safford, Arizona. The total contract value for Aker Kvaerner is approximately $80m and will be booked as order intake in the second quarter 2006. The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner Industrial Constructors, Inc. in Tucson, Arizona. The scope of work includes supply of crusher, conveyor

Hawaiian Dredging Construction Company Awarded $11.5m Contract

Hawaiian Dredging Construction Company, Inc., Honolulu, Hawaii, is being awarded $11.5m for firm-fixed-price Task Order #0007 under a previously awarded indefinite-delivery/ indefinite-quantity multiple award construction contract (N62742-04-D-1302) for repair and improvements of Bravo Docks 12, 13, and 14 at Naval Station, Pearl Harbor.Work will be performed in Pearl Harbor, Hawaii, and is expected to be completed by April 2009

Austal USA to Prime LCS Bid

Austal USA and Bath Iron Works (BIW) have agreed to revoke their current teaming arrangement. This strategic decision allows Austal USA to act as prime contractor in the upcoming bid for 10 U.S. Navy Littoral Combat Ships (LCS). The U.S. Navy is expected to award the contract for two LCSs, including options for an additional eight vessels, by the end of US FY10. In the event that Austal USA is awarded the FY10 contract, potentially worth up to $4

HII Reports Q1 Earnings Jump

Newport NEws works on the USS Abraham Lincoln’s (CVN 72) refueling and complex overhaul (Photo by John Whalen/HII)

Huntington Ingalls Industries (HII) reported first quarter 2014 revenues of $1.59 billion, up 2 percent compared to the same period last year. First quarter diluted earnings per share was $1.81, compared to diluted earnings per share of $0.87 in the same period of 2013. Adjusted diluted earnings per share for the quarter was $1.53, compared to $1.17 in the comparable period of 2013. Segment operating income for the first quarter was $137 million

NASSCO Awarded SeaRiver Deal

National Steel and Shipbuilding Company, a wholly owned subsidiary of General Dynamics, announced that it had reached an agreement with SeaRiver Maritime, Inc. (SeaRiver) of Houston, Texas, to develop a contract design for a 750,000-barrel capacity, double-hull crude oil tanker. Included with the contract design package will be NASSCO’s price and delivery proposal for the detail design and construction of a minimum of two vessels

Daewoo, Galfar Win $442m Oman Port Deal

has awarded Daewoo Shipbuilding and local firm Galfar GECS.OM a construction contract worth $442.2m at Duqm port, a Galfar official said. 's coastal area of Duqm is to become a fully integrated downstream export centre, together with a major export refinery and a petrochemicals complex. It will have a crude oil export terminal. The area will become a free zone for downstream industries. Source:  Reuters

Noble Orders Drillship Pair; $1.2B Total

Noble Corporation (NYSE: NE) today announced that a subsidiary has signed a contract with Hyundai Heavy Industries Co. Ltd. ("HHI") for the construction of two ultra-deepwater drillships, increasing the Company's number of floating drilling units to 26, 14 of which are dynamically positioned. The new ultra-deepwater drillships, to be named at a later date, will be constructed on a fixed price basis at HHI's shipyard in Ulsan, Korea

IMCA’s Marine Construction Contract Revised

IMCA’s Chief Executive, Hugh Williams.

The International Marine Contractors Association (IMCA) has published a variety of guides, templates and discussion documents aimed at raising awareness on contracting issues (including liability and insurance), promoting discussion and providing tools that may be useful for its contractor members, their clients and sub-contractors. All are subject to revision to ensure usefulness to all stakeholders and that it just what has happened to a key document – ‘IMCA Marine Construction

Double Milestone for Great Lakes Shipyard

Joseph P. Starck, Jr., President, The Great Lakes Towing Company & Great Lakes Shipyard; Eduardo De Jesus Paiz Lemus, Presidente Junta Administrador & Gregg A. Thauvette, Vice President, Operations, The Great Lakes Towing Company (Photo: Great Lakes Shipyard)

Great Lakes Shipyard holds commissioning ceremony for NYPA tug and keel laying ceremony for harbor fug for Puerto Quetzal, Guatemala   Tug Daniel Joncaire II, the first of two tugboats to be built by the Great Lakes Shipyard for New York Power Authority – Niagara Project

Crowley Breaks Ground on San Juan Terminal

Photo: Crowley

Crowley Puerto Rico Services, Inc. has broken ground on a $48.5-million construction project for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico, the company announced.   The project includes the development of a new 900-foot-long

Marco Polo Terminates Rig Contract with Sembmarine

Pic: Sembcorp Marine Ltd

 Marco Polo Marine has unilaterally terminated a rig building order worth US$214.3 million from a subsidiary of Sembcorp Marine.   Sembcorp Marine on early Wednesday morning said its subsidiary, PPL Shipyard, will regard the termination by Marco Polo Drilling (I) of the US$214

Songa Dismisses DSME Claim

Image: Songa Offshore

 Norway's Songa Offshore SE referred Tuesday to its announcement July 15 regarding the receipt of notices of arbitration from South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) in respect of the construction contracts for the Cat D rigs.    

US Navy Lays Keel for PCU Indiana

A welder carves the initials of ships sponsor Diane Donald on a metal plate during the keel laying ceremony for the future Virginia-class attack submarine Indiana (SSN 789). (U.S. Navy photo courtesy of Huntington Ingalls Industries by Ricky Thompson)

The U.S. Navy held a keel laying ceremony for the Virginia-class submarine Pre-Commissioning Unit (PCU) Indiana (SSN 789) at Huntington Ingalls Industries, Newport News Shipbuilding, May 16.   The initials of the submarine's sponsor, Diane Donald

New Cargo Inspection Facility for Massport

passport systems.png

Passport Systems, Inc. has began construction on a non-intrusive, cargo inspection facility at the Massachusetts Port Authority (Massport), Port of Boston, Conley Container Terminal in South Boston which is designed to increase the effectiveness and efficiency of cargo screening at the Port.

Transocean Delays Drillships

Image: Transocean Ltd

 Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced.   The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine

AOD Orders 2 Jack-up Rigs at CSSC Huangpu Wenchong

Image: CSSC Huangpu Wenchong

 CSSC Huangpu Wenchong Shipbuilding Company has won an order to build a pair of jack-up drilling rigs for Alliance Offshore Drilling (AOD), subsidiary of Hong Kong-listed TSC Group.   The two Zentech-designed R-550D rigs are scheduled to be delivered by 2017 and June 2018, respectively

SembCorp Bags US$1bn Semi-sub Deal

Image: Sembcorp Marine

 Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V.    Scheduled for delivery in the fourth quarter of 2018

USCG’s New Cutter Sails from Ingalls

The National Security Cutter James (WMSL 754) sails away from Ingalls Shipbuilding. (Photo: Lance Davis/HII)

The National Security Cutter James (WMSL 754) sailed away from Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division on Sunday, July 12, one month after being delivered to the U.S. Coast Guard, HII announced.   The newbuild vessel James will be commissioned on August 8 in

Tidewater Logs 1Q 2016 Loss

The most versatile vessels in the Tidewater fleet are the AHTS

  Tidewater Inc. announced today a first quarter net loss for the period ended June 30, 2015, of $15.1 million, or $0.32 per common share, on revenues of $304.8 million. For the same quarter last year, net earnings were $43.7 million, or $0.88 per common share, on revenues of $385.7 million

New USCG Cutter Sets Sail

National Security Cutter James (WMSL 754) sails away from Ingalls Shipbuilding. (Photo: Lance Davis/HII)

The National Security Cutter James (WMSL 754) sailed away from Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division on Sunday, July 12, one month after being delivered to the U.S. Coast Guard, HII announced. The newbuild vessel James was commissioned on August 8 in Boston

SMOE Wins $1bln Multi-platform Culzean Contract

Image: Sembcorp Marine

 Singapore's offshore services provider Sembcorp Marine has won an engineering, procurement and construction (EPC) contract worth over USD1 billion for the Culzean field development project in the North Sea.   Sembcorp Marine subsidiary SMOE construction contract  will cover the

Charleston Harbor Deepening Project Receives Final Approval

Press Release - The 52-foot Charleston Harbor Deepening Project announced receipt of its Chief's Report from the U.S. Army Corps of Engineers, their final substantive approval required for the project to progress through construction. The report by Lieutenant General Thomas Bostick

Ivory Coast Starts Construction of Abidjan Port Upgrades

Ivory Coast began construction on Tuesday of a four-year, 560 billion CFA franc ($962 million) project to build a second container terminal and widen the canal leading to its main port in the commercial capital Abidjan.   Among the busiest in sub-Saharan Africa, the port serves Ivory Coast

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