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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


Norwegian Orders New Cruise Ship from Fincantieri

Norwegian Cruise Line Holdings (NCLH) has ordered a second ultra-luxury cruise ship for its Regent Seven Seas Cruises brand from shipbuilder Fincantieri, in an agreement worth €422 million.   The new 54,000-gross-metric-ton and 223-meter-longt vessel, to be delivered in 2020


West Calcasieu Port to Undergo Waterfront Upgrade

West Calcasieu Port officials have awarded a $1.6 million construction contract to Orion Marine Construction, Inc. for the replacement of bulkheading along the port’s waterfront on the Gulf Intracoastal Waterway.   “The West Cal Port Board of Commissioners was impressed with the


Culzean Wellhead Jacket and Access Deck Set Sail

Heerema Fabrication Group (HFG) has completed the project for the Culzean Wellhead jacket and Access Deck for client Maersk Oil. April 13 at Heerema Vlissingen, the Netherlands the Wellhead jacket and April 11 at Heerema Hartlepool, U.K. Wellhead Access Deck set sail to their final destination:


Crowley Ramps up Investment in Puerto Rico

First row (L to R): John Hutchins, principal, Harbor Consulting Engineers; Tucker Gilliam, vice president, Crowley; Humberto Reynolds, president, Del Valle Group; second row: Carmelo Calderon, vice president, infrastructure division, Del Valle Group; Jose Soler, project manager, Del Valle Group. (Photo: Crowley)

Crowley Puerto Rico Services announced an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan.    The contract was awarded to Del Valle Group, S.P. of Toa Baja, Puerto Rico


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.    


Sembcorp - Marco Polo Dispute Update

Image: PPL Shipyard Pte Ltd

 Rig-builder Sembcorp Marine (SembMarine) is currently embroiled in a dispute with Marco Polo Marine over a US$214.3 million rig construction contract that Marco Polo wants terminated.   In a statement on Monday, Macro Polo reiterated its position that it is not obliged to take


Ningbo Port Orders New Dual-fuel Tug

Photo: Robert Allan Ltd.

Robert Allan Ltd. to design a new dual-fuel tug for Ningbo Port   On October 21, Robert Allan Ltd. was awarded a contract by Ningbo Port Company Ltd. in China for a RAstar 4200-DF Class dual-fuel (LNG-MDO) tug.   The award of this contract builds on a history of collaboration between


Morocco Orders Navy Vessels from Damen

Photo courtesy of Damen Shipyards

In a third recent construction contract with Damen Shipyards Group, the Royal Moroccan Navy has ordered five Interceptor 1503 vessels. The vessels will be mobilized to combat illegal activities such as terrorism and smuggling in Moroccan waters.  


Seadrill Pushes Back Drillship Delivery

Seadrill Limited has reached an agreement with DSME shipyard to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until the second quarter of 2018 and first quarter of 2019 respectively.   Under the terms of the original construction contracts


Damen TSHD 650 for Gippsland Ports

TSHD 650 artist impression Photo Damen

Damen Shipyards Group is constructing a Trailing Suction Hopper Dredger (TSHD) 650 for Australian client Gippsland Ports.   The TSHD will be the first Damen dredger to operate in the country. The client will use the dredger to maintain entry to the port of Lakes Entrance and the Gippsland


Twin Dredgers for Canadian Oil Sands

Photo: Damen

Damen Shipyards Group has completed a construction contract comprising two electric-powered Cutter Suction Dredgers (CSD) for the Canadian oil sands industry. With both vessels built in Canada, the contract marks the close cooperation between Damen and Aecon


Scorpio Delays Deliveries, Terminates Charter Contracts

Courtesy Scorpio Bulkers

Scorpio Bulkers, Inc. announced today that it has agreed in principle to delay scheduled vessels deliveries and terminated the time charter contracts for four vessels. The delivery Delays and Changes in the Newbuilding Contracts was in respect of Certain Vessels Under Construction


Radioactive Waste Platform Delivered to the Russian Navy

Itarus (File photo: Fincantieri)

Semisubmersible floating platform will be used to transport special material decommissioned by the Russian Navy   Itarus, the semisubmersible floating platform built by Fincantieri for the Russian RosRAO, the Federal State Unitary Enterprise for radioactive waste management


Fincantieri Delivers "Itarus”

Itarus Courtesy Fincantieri

The semisubmersible floating platform will be used to transport special material decommissioned by the Russian Navy Trieste, 3 March 2016 – “Itarus”, the semisubmersible floating platform built by Fincantieri for the Russian RosRAO


Cosco Bags Self-Elevating Workover Unit Contract

Image: Cosco (Nantong) Shipyard

 Cosco (Nantong) Shipyard, a subsidiary Cosco Shipyard Group Co, has won an order to build one self-elevating workover unit for an Asian shipowner, with an option for one more similar unit.   Cosco Nantong and the ship owner have agreed to keep the contract price confidential. 






 
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