JES International Holdings Limited reports Norwegian customer has exercised option for four more UT 755 LN Platform Support Vessels (PSV's). The ships will be delivered in early 2015. “The group is thrilled that our expansion plans into the offshore space have taken off, and is making good progress. As the requirements for offshore shipbuilding are much more stringent, the group will be making strides in our technical capabilities as well as yard management,” said Jin Xin, chairman and ceo of JES.
Northrop Grumman Shipbuilding, Pascagoula, Miss., is being awarded an $18,604,845 modification to previously awarded contract (N00024-07-C-2302) to exercise options for the accomplishment of follow yard class services for the DDG 51 class AEGIS Destroyer Program and will provide expert design, planning and material support services for both DDG 51 ship construction and modernization. Work will be performed in Pascagoula, Miss., and is expected to be completed by August 2010
Ardmore Shipping Corporation announced that it has been contracted for the construction of four 25,000 Dwt IMO 2 eco-design product and chemical tankers ordered from Fukuoka Shipbuilding Co. Ltd., Japan (Fukuoka) for a total price of approximately $118 million. As part of the contracts, Ardmore has also negotiated fixed price options for additional vessels. Ardmore expects to take delivery of the contracted vessels between fourth quarter 2014 and fourth quarter 2015
Austal USA gains additional Littoral Combat Ship (LCS) work contract. The United States Department of Defense has announced that Austal USA has been awarded a US$19.987-million modification to a previously awarded Littoral Combat Ship (LCS) contract. The modification exercises options for class service efforts and special studies, analyses and reviews for the LCS program. Austal USA will assess engineering and production challenges, and evaluate the cost and schedule risks
BAE Systems, Bath Iron Works, and Electric Boat Corp figure in the latest US Department of Defense, Navy, contracts issued, as follows: BAE Systems Southeast Shipyards Alabama LLC, Mobile, Ala., is being awarded a $32,946,457 firm-fixed-price contract for the regular maintenance and overhaul of USNS Supply (T-AOE 6). This contract includes two additional options which, if exercised, would bring the cumulative value of the contract to $42,499,988. Work will be performed in Mobile, Ala
Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply a further two drilling equipment packages to the 'Category D' drilling rigs the yard is building for the rig operator Songa Offshore. The contract value is undisclosed. The development of the Cat D semi-submersible drilling rigs has been initiated by Statoil, the international energy company. The Cat D drilling rig is a new generation drilling and well intervention vessel
General Maritime Corporation today announced that a leading international trading company has exercised its option to time charter three additional Aframax OBO vessels for two years. The contracts for the these three vessels will provide net voyage revenue to General Maritime in the first year of approximately $21 million and could provide an additional $21 million in the second year through the exercising of the charterer's option
Todd Pacific Shipyards Corporation has been informed by the US Navy that the USS Sacramento (AOE 1), is scheduled to be decommissioned on or about October 1, 2004. The Sacramento is one of the four AOE class ships originally covered by the Company's six-year, cost-type contract with the Navy, under which the Navy has options to have Todd Pacific perform maintenance work on the ships. The contract, which is the Company's fourth consecutive
Marinette Marine Corp., Marinette, Wis., is being awarded $125,968,000 to exercise an option under a previously awarded firm-fixed-price contract (N00025-03-C-0002) for the manufacture of the improved Navy lighterage system to be delivered at Naval Amphibious Construction Battalion One, Coronado, Calif. and Naval Amphibious Construction Battalion Two, Little Creek, Norfolk, Va., Expeditionary Warfare Training Group Pacific and Blount
Transocean Inc. has entered into agreements with PetroJack ASA of Norway (PetroJack) providing Transocean with the exclusive marketing rights in respect of three PetroJack jackup rigs under construction, PetroJack I, II and III, as well as options to purchase each unit. The three Baker Marine Pacific Class 375 deep drilling jackup rigs are currently under construction in Singapore with expected delivery dates in 2007 and 2008.
Nordic American Tankers Limited (NAT) informs that its offering of 12,000,000 common shares, at a public offering price of $8.62 per share, was exercised in full by underwriters, and in accordance with the option granted to them by the Company they purchased an additional 1,800
Nordic American Tankers Limited announced today that, in connection with its previously announced public offering of 12,000,000 common shares at a public offering price of $8.62 per share, the underwriters exercised in full the option granted to them by the company and purchased an additional 1,800
Amongst the latest listing of US Department of Defense, Navy contracts, GD Electric Boat is awarded a contract to provide submarine repairs. Details as follows: General Dynamics, Electric Boat Corp., Groton, Conn., is awarded an $11,000
Vigor Industrial LLC, Moran Towing Corp., and Maersk Line, Ltd. figure amongst the latest US Department of Defense, Navy, contract awards for various services as follows: USNS ship repair contract – Vigor Vigor Industrial LLC, Portland, Ore
The Navy has announced two separate contract awards for Fiscal Year (FY) 2014 DDG 51 destroyers to Huntington Ingalls Industries (HII) and to General Dynamics Bath Iron Works (BIW). Details as follows: Huntington Ingalls Industries Is being provided funding of $601,990
UASC Cements its largest ever newbuilding order by exercising options for six 14,000 TEU boxships. United Arab Shipping Company (UASC) announced Sunday that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships
Listed among the latest Department of Defense, Navy, contracts, Detyens Shipyards, Inc., is to overhaul and drydock the 'USNS Leroy Grumman' and Vigor Marine LLC is to carry out the same on the 'USNS Yukon'. Details as follows: 1. Detyens Shipyards, Inc., North Charleston, S.C
Baltic Trading Limited continues to execute its growth strategy with the exercise of its option to acquire two additional Ultramax newbuildings. The two option vessels, which will have the same specifications and purchase price as the Ultramax newbuildings Baltic Trading previously agreed to
BW Offshore announced that it has exercised an option to acquire the tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012.
BW Offshore has exercised an option to acquire the tanker Blue Opal for USD 83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012. BW Offshore has performed detailed engineering studies and inspections of
Navigator Holdings Ltd. today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. in China at the previously agreed construction price of $44 million, with the vessel scheduled for delivery in March 2016.
In light of the development of Nordic Shipholding A/S's cash position, as announced by the company in company announcement no. 11/13 published on December 13, 2013, Nordic Maritime has informed the company that it will exercise the option granted to Nordic Maritime in the conditional restructuring
The decision to suspend Inchcape Shipping Services Holding Ltd. (ISS) came in a statement from Rear Admiral John F. Kirby, Navy Chief of Information, as follows: "The Navy announced today it suspended Inchcape Shipping Services Holding Ltd
In the latest listing of US Department of Defense, Navy, contracts Drew Marine USA has been awarded a one-year option for the worldwide supply, delivery and services for shipboard chemical treatment; foam testing, supply and disposal; industrial gases; and refrigerants for all U.S
Amongst the listing of new Department of Defense, Navy contracts. are those issued to Vigor Marine and to General Dynamics NASSCO, briefly as follows: Vigor Marine LLC, Portland, Ore., is being awarded a $12,954,046 firm-fixed-price contract for a 120-calendar day post shakedown availability