Ship Maintenance And Repair
General Dynamics (NYSE: GD) has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not been disclosed. The transaction is subject to customary closing conditions and is expected to close this summer. Earl Industries is a privately held company. The Ship Repair and Coatings Division employs approximately 575 workers in the Norfolk and Mayport areas. Earl Industries has been conducting U.S. Navy ship repair and conversions since 1985. It is a prime contractor for nuclear aircraft carrier (CVN) multi-ship, multi-option (MSMO) contracts. MSMO contracts provide for maintenance, modernization and repair to all ships of a class in specific homeport areas. The company also provides maintenance and repair services to frigates and other classes of naval ships. "The acquisition of the Ship Repair and Coatings Division of Earl Industries will extend the reach of NASSCO’s ship maintenance and repair operations in two key East Coast naval ports,” said Fred Harris, president, General Dynamics NASSCO. “This move enhances General Dynamics’ ability to deliver cost-effective maintenance and repair services to the U.S
As expected, 2013 did not bring significant changes to the evolution of the world economy and consequently the rate of growth of world trade. With regard to the maritime freight market, the same situation of imbalance between supply and demand continued with a consequent reflection in value of freight rates, which resulted for the third consecutive year in general cost containment by the shipowners and consequently, a reduction in the volume of the maintenance works of existing fleets.
By Naval Sea Systems Command Office of Corporate Communications Naval Sea Systems Command (NAVSEA) repair work will enable USS George Washington (CVN 73) to assume its role in Yokosuka, Japan, as our nation's only forward-deployed aircraft carrier in September. Working as "One Shipyard," skilled personnel from two NAVSEA field activities -- Puget Sound Naval Shipyard and Intermediate Maintenance Facility (PSNS & IMF) and Norfolk Naval Shipyard (NNSY) provided most of the
Great Lakes Shipyard contracted by Interlake Steamship Company to perform winter work services on two vessels. Two more vessels have arrived: Interlake Steamship vessels, the ATB Dorothy Ann and the Pathfinder, are in Cleveland and docked at Great Lakes Shipyard's facility. A variety of work is to be done, including: miscellaneous steel work, generator maintenance, main drive unit maintenance, and other miscellaneous tug and barge repairs and maintenance.
Naval Sea Systems Command awarded a $49,435,634 firm-fixed price contract contract for the maintenance, modernization and repair of USS Porter to BAE Systems Norfolk Ship Repair. The fiscal year 2013 chief of naval operations (CNO) extended dry-docking selected restricted availability (EDSRA) was competed on a coast-wide basis to maximize competitive pricing and best-value to the government. The scope of work includes damage repairs resulting from the Aug
BAE Systems Norfolk Ship Repair, Norfolk, Va., awarded Navy contract by US Department of Defense to drydock 'USS Wasp' (LHD 1) and work on repairs and maintenance. The $110,781,296 undefinitized contract action has been awarded as a modification to a previously awarded contract (N00024-11-C-4407) for the USS Wasp (LHD 1) fiscal 2013 drydocking planned maintenance availability. A drydocking planned maintenance availability includes the planning and execution of depot-level
The U.S. Navy has awarded General Dynamics Electric Boat an $8.4 million contract to begin advanced planning for maintenance, repair and alterations on the USS Augusta (SSN-710). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The work -- known as a Pre-Inactivation Restricted Availability -- will be performed at the Naval Submarine Base in Groton and will comprise alternations, repairs, maintenance and testing. The contract has a total
The International Transport Intermediaries Club (ITIC) has urged its shipmanager members to seek legal advice before entering into any contracts with owners relating to the laying-up of vessels. ITIC said there has been a recent sharp increase in the number of lay-up contracts which it has been asked to review. Some of these agreements are based on amended shipmanagement contracts, where the manager acts as agent for and on behalf of the owner
BAE Systems Hawaii, is contracted for work on 'USS Chafee' and BAE San Diego on 'USS Rushton'. BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a $15,986,837 modification to previously awarded contract (N0024-06-C-4408) for repairs to the USS Chafee (DDG 90). Work will be performed in Pearl Harbor, Hawaii, and is expected to be completed by February 2014. Fiscal 2013 Operations & Maintenance, Navy funding in the amount of $15,986
Platinum Yacht Repair, the yacht repair and maintenance arm of Dubai's Drydocks World & Maritime World, say they have converted the landing craft Al Hail 1, belonging to Dubai-based M/S Royal Yachts from naval to civilan use as floating yacht repair and maintenance facility. The 54-metre vessel arrived at the Platinum Yacht Repair facility at Dubai Maritime City in June 2013 to undergo the necessary extensive modification and refit.
The American Society of Naval Engineers (ASNE) Blue Green Sustainability Symposium is an inaugural event highlighting emerging technologies and solutions to meet the modern challenges of environmental consciousness in the maritime industry.
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group, to perform the extensive revitalisation of Royal Caribbean International’s 137,276-gross tonnage
Fleet management solutions company BASS said it has achieved a recent deal in the Taiwanese shipping sector by securing its maiden contract in that bustling far eastern market. Under the deal with Taiwan’s Simosa Shipping, the BASSnet Maintenance module will be implemented within the
Great Lakes Shipyard announced winter layup season is wrapping up at the yard after completing repair work on the following vessels: American Steamship Company’s M/V Sam Laud Grand River Navigation’s Manitowoc Interlake Steamship Company’s articulated tug-barge
Danelec Marine today announced the introduction of its third-generation marine Voyage Data Recorder (VDR). The new Danelec DM100 VDR fully complies with the new International Maritime Organization (IMO) VDR standard, which comes into effect July 1, 2014
Global inspection, repair, maintenance (IRM) and light construction company Harkand informs it has made a key appointment by securing Mike Brown as general manager of diving services in North America. A U.S. Navy veteran, Brown has considerable experience of commercial diving in the offshore
Karberg & Schmitz GmbH of Hamburg, Germany, have been appointed as Ecospeed agents for the German territory, representing Subsea Industries and Hydrex in the sale and delivery of Ecospeed, Ecoshield and related products including service, maintenance and warranty work.
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
The Coast Guard Cutter Morro Bay, a 140-foot icebreaking tug homeported in Cleveland but currently moored in Duluth, is scheduled to undergo an in-water repair Sunday and Monday. The Morro Bay suffered a rudder casualty while conducting icebreaking operations in Thunder Bay, Ontario, March 27
Norway's gas output will be cut by 24 million cubic metres (mcm) per day due to maintenance at an offshore field on April 11-13, gas system operator Gassco said on Monday. The maintenance was needed due to preparation for a new well, the message said.
The U.S. Navy has awarded General Dynamics Electric Boat an $11 million contract to perform non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
Drydocks World and Dubai Maritime City Group, the international service provider to the maritime, offshore oil and gas and energy sectors, is participating in Sea Japan conference and exhibition from April 9-11, 2014 at the Tokyo Big Sight East Hall 1&2
Wärtsilä has received service level recognition for its Propulsion Condition Monitoring Service (PCMS) by DNV-GL. Wärtsilä is the first company to attain this type of recognition from three of the major classification societies, namely the American Bureau of Shipping
Golden Energy Offshore has entered into a shipbuilding contract with Nantong Rainbow Offshore & Engineering Equipments Co., Ltd. (ROC) in China for the construction of two Platform Supply Vessels (PSVs) of the PX121H design from Ulstein, with the option to build two more vessels of the same
Experts from the United States, Latin America and Europe will participate in the second Panama Canal International Maintenance Congress to be held on August 27 – 29, 2014, within the framework of the waterway’s centennial.