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Ship Contract

U.S. Navy Awards Ingalls $620 Million Shipbuilding Contract

Ingalls has been awarded a $620 million contract to build two additional DDG 51 Class Aegis guided missile destroyers for the U.S. Navy. The two-ship contract awarded represents the exercise of an option included in a multi-year, multi-ship contract awarded to Ingalls last year. With the award, Ingalls has 21 Aegis destroyers under firm contract; and holds options for four additional ships which will be awarded over the next two years. Of the 25 ships and options awarded to Ingalls, 11 ships have been delivered. A 12th Ingalls-built destroyer will be delivered in January. The Navy plans a total of 57 ships in the DDG 51 program.


Vietnam Builder Wins Ship Contract

The Pha Rung Shipyard Company, under the Vietnam Ship Building Industry Corporation (Vinashin), on Oct. 9 signed a contract to build five ships for the Forturne Marine Company of the Republic of Korea (RoK), according to a report from the Vietnam News Agency. This contract is significant, as it is Vinashin's first contract to export ships to the RoK. The 110 x 8.2 m, 6,500-ton ships will each cost approximately $11 million.


Vosper Thornycroft “Preferred Bidder” For New Ship Contract

U.K. shipbuilder Vosper Thornycroft Holdings Plc has been selected as preferred bidder by the Ministry of Defense to supply two survey ships in a deal worth up to $150 million. "Our selection as preferred bidder is recognition of our expertise in the U.K. and overseas as a prime contractor," Chief Executive Martin Jay said in a statement. The 90-m vessels are due for delivery in 2002 and Vosper anticipates signing the contract by early summer


Troubled Yard Ordered to Hand Over Ship

It has been reported that the shipbuilder Swan Hunter will be ordered to hand over its last remaining warship - which will then be completed at a rival yard in Scotland. The Royal Fleet Auxiliary vessel, the Lyme Bay, will be handed over to BAE Systems at Govan, in a move which is feared could spell the end of shipbuilding at Swan Hunter. The MoD, had become increasingly concerned about the spiralling costs of the dock landing ship contract.


Wärtsilä to Power Project Genesis

Wärtsilä Corporation received a contract from Aker Yards Oy, Finland, in July 2006 for the delivery of the main engines and the transverse tunnel thrusters for the 220,000 grt Project Genesis cruise ship contracted by Royal Caribbean Cruise Ltd (RCL) for operation by Royal Caribbean International. Due for delivery in autumn 2009, this cruise ship will be powered by six Wärtsilä 46 common rail diesel engines. The engines will be incorporated in the ship's diesel-electric power plant


Irving Shipbuilding Buys Dartmouth Waterfront Site

Irving Shipbuilding Inc. has bought the former Maritime Steel and Foundries Ltd. steel fabrication site in Dartmouth as part of its plans to gear up for the $25-billion dollar federal combat ship procurement contract, reports 'The Chronicle Herald'. According to documents filed with Property Online Nova Scotia, title to the 2.4-hectare site at 605 Windmill Rd. was transferred from Cameron Corporation Ltd. to Irving Shipbuilding in June


NASSCO, U.S. Shipping Partners Finalize Contract

General Dynamics NASSCO has finalized a $1b contract with U.S. Shipping Partners L.P. (USS) to build nine product carrier tankers. The contract includes options for five additional ships. Construction of the first tanker is scheduled to begin in the third quarter of 2007, with delivery to occur by the second quarter of 2009. The product carrier tankers or “PCs” will be 183 m in length and 32.2 m in beam, with a design draft of 11.8 m


Cammell Laird Shares Fall On News

Shares in Cammell Laird fell nearly nine percent on Thursday after news the British shipbuilder's $500 million contract with U.S. firm Luxus was at risk, threatening a second blow to the yard in as many months. Since it began a dispute with Costa Classica -- an Italian unit of U.S group Carnival Corp. -- last Autumn over a key cruise ship contract, which was subsequently terminated, its shares have fallen dramatically from a year high of 147p


Austal Awarded U.S. Navy LCS 8 Contract

The U.S. Navy announced a fixed price incentive contract for the construction of a fourth 127-meter trimaran Independence-class Littoral Combat Ship (LCS 8) valued at $368.6m.  This is the second ship awarded under Austal’s recently announced U.S. Navy contract for construction of up to an additional 10 Littoral Combat Ships to be appropriated in the following five years, with a total value in excess of $3.5b


Ocean Ships Inc. Wins Navy MLP Operating Contract

USNS Montford Point: Photo credit NASSCO

Seafarers International Union (SIU) affiliated Ocean Ships to operate 3 new mobile landing platform vessels (MLP) for US Navy. The vessels are being built at General Dynamics NASSCO in San Diego; they are the USNS Montford Point, USNS John Glenn, and USNS Lewis B. Puller. Including options, the Ocean Ships contract is for five years. According to the U.S. Military Sealift Command, the new ships “will be the centerpiece of the Navy’s ‘Sea Base’ concept


Gibraltar Invokes MLC to Get Abandoned Seafarers Home

Gibraltar has used the provisions of the Maritime Labour Convention 2006 (MLC) – which lays down minimum standards for seafarers – to pay for the repatriation of crews left stranded after shipping contracts were cancelled. 
The 40 crew members on the Maersk Valletta


Alewijnse Diesel-Electric Propulsion for Damen Cable Layer

damen-van-oord-cable-layer-1-2 web.jpg

Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical fit out of Damen’s new cable layer, now under construction for international contractor Van Oord for delivery at the end of 2014. The 120m vessel is intended for the installation of electricity


Austal Launches JACKSON (LCS 6)

LCS hulss 4 and 6, dockside at Austal.

First of Austal’s ten-ship Littoral Combat Ship contract. On December 14, 2013, Austal USA successfully completed the launch of the future USS Jackson (LCS 6). The Littoral Combat Ship (LCS) is a fast, agile, focused-mission platform designed for operation in near-shore environments yet


U.S. Navy awards contracts to Lockheed, Austal for 4 more ships

File Photo: LCS hulls 4 & 6 alongside the pier at Austal Shipyard..

The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design


Irving Progresses AOPS Design, Prepares 2015 Construction

Irving Shipbuilding welcomed Rona Ambrose, Minister of Public Works and Government Services Canada, and Peter MacKay, Minister of National Defense, to Halifax Shipyard to mark the start of the Definition (Design) phase of work for the first set of new naval combat vessels for Canada


Third Austal JHSV Christened

JHSV 1 on Sea Trials: Photo courtesy of Austal

Austal announce the  christening of 'USNS Millinocket; at its Mobile, Alabama shipyard. USNS Millinocket is the third of ten Joint High Speed Vessels (JHSV) Austal has under contract with the U.S. Navy as part of an overall 10-ship contract worth over $1.6 billion.


Emsys Wins Seatrade Clean Shipping Award

Dave Edwards (center) accepts the Seatrade Award for Clean Shipping from Mr. Koji Sekimizu, Secretary General of the IMO (Photo: WR Systems)

WR Systems of Norfolk, Virginia announced that its Emsys Emissions Monitoring System won an award in the Clean Shipping category at the 25th Anniversary Seatrade Awards held on Friday, May 10, 2013, at the Guildhall in London. Dave Edwards, President of WR


LR Statutory Alert

lloyds register.png

During the past few months, there has been an increase in port state control (PSC) deficiencies relating to the arrangements for remotely located survival craft and especially the required length of embarkation ladders and other means of embarkation.


Rolls Royce Wins Significant Fincantieri Cruise Ship Contract

New Viking Cruise Ship: Image courtesy of Rolls Royce

Rolls-Royce signs extensive equipment orders with Italian cruise ship builder Fincantieri for Viking Cruises' 2 newbuildings. Viking Cruises recently ordered two cruise ships from Fincantieri and have chosen the highly-efficient Rolls-Royce integrated rudder and propulsion system, called Promas


Brazil Takes Delivery of Third Ocean Patrol Vessel

Photo: BAE Systems

Araguari, the third of three Ocean Patrol Vessels built by BAE Systems, was handed over to the Brazilian Navy in a ceremony at Portsmouth Naval Base. Employees joined guests from the Brazilian Navy and U.K. Royal Navy, to watch as members of the ship’s company raised the ensign for the


BAE Ocean Patrol Vessel Handed Over to Brazil Navy

Patrol Boat Araguari: Photo credit BAE Systems

'Araguari', the third of 3 Ocean Patrol Vessels built by BAE Systems, is handed over to the Brazilian Navy in a ceremony at Portsmouth Naval Base UK. Employees joined guests from the Brazilian Navy and UK Royal Navy, to watch as members of the ship’s company raised the ensign for the


Irving Pumps $300m into Halifax Shipyard for Naval Builds

Photo: Irving Shipbuilding

Irving Shipbuilding invests $300 million to ready Halifax Shipyard for construction of Canada’s combatant fleet modernization at Halifax Shipyard Irving Shipbuilding announced several contract awards today for Nova Scotia and Canadian suppliers as part of part of the Halifax Shipyard


Latest Global Shipbuilding Orders

Shipbuilding orders were rather less the past week, but there were notable contracts for specialised heavy-lift carriers from Chinese shipbuilders, according to the Clarkson Hellas S&P Weekly Bulletin round-up. Dry bulk carriers Limited ordering to report this week in dry say Clarkson


ICS Challenges Proposed Accounting Standards

Peter Hinchliffe

The global trade association for shipowners, the International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on its controversial proposals to overhaul international accounting rules for leases


Sea-bed Exploration Ship Contract for MHI

JAMSTEC R/V: Image courtesy of MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for construction of a wide-area seabed research vessel from the Japan Agency for Marine-Earth Science and Technology (JAMSTEC). The vessel is intended to advance wide-area research into seafloor resources


 
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