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Ship Maintenance And Repair

General Dynamics to Acquire Earl Industries’ Ship Repair Division

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


LISNAVE Stable Despite Workload Reduction

Photo: LISNAVE

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.


NAVSEA Teamwork Delivers USS George Washington On Time

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


USS Porter Repair/Modernization Contract Awarded

USS Porter. (U.S. Navy photo by Mass Communication Specialist 2nd Class Nick Scott/Released)

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 Awarded 'USS Wasp' Contract

USS Wasp: Photo credit USN

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


South Korea Eyes Iran's Shipping Industry

Irans Ambassador to South Korea Hassan Teherian asks South Korean companies to expand investments into his country. Photo credit: Yonhap

 South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown.   According to  IRNA, the head of South Korea Maritime Institute Sang Gui Kim voiced his country's readiness for investment in Iran's ports and shipping industry.   Sang Gui Kim told reporters on the sidelines of Iran-South Korea Economic Conference in Isfahan.


United Defense Wins Contracts

United Defense, Industries, Inc announced today the award to NORSHIPCO a division of United States Marine Repair of 2 multi-year, multi-ship, cost plus contracts by the U.S. Navy’s Supervisor of Shipbuilding and Repair (SUPSHIP), Portsmouth worth nearly $90 million if all options are exercised. The largest contract, for six LSD-41 and 48 class ships, puts the entire LSD fleet of this ship type on East and West coasts under maintenance contracts with United States Marine Repair


General Dynamics Completes Metro Machine Acquisition

Transaction expands company’s capabilities in ship repair market. General Dynamics (NYSE: GD) today completed its acquisition of Metro Machine Corp., a leading East Coast surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Va. The value of the cash transaction has not been disclosed. Metro Machine Corp. now becomes part of the shipbuilding and repair operations of San Diego-based General Dynamics NASSCO, a leading provider of ships to the Navy


BAE San Diego Gets USS Green Bay Modernization Contract

USS Green Bay: Photo credit USN

The US Department of Defense has awarded a Navy contract for the LPD 17-class warship modernization. BAE San Diego Ship Repair, San Diego, Calif., is being awarded a $15,361,658 modification to previously awarded contract (N00024-10-C-4407) to exercise an option for the USS Green Bay (LPD 20) fiscal 2013 dry-docking selected restricted availability.  This option exercise is for the multi-ship, multi-option program for the LPD 17 class.


Zamakona Repairs Spanish Hospital Ships

Photo: Zamakona Yards

Spanish shipbuilding and repair group Zamakona Yards announced it has completed simultaneously repair and maintenance projects aboard two government-owned hospital ships, Juan De La Cosa and Esperanza Del Mar.   The vessel Juan De La Cosa was repaired at Zamakona Pasaia yard at San Sebastian, and the Esperanza Del Ma at the yard Repnaval in Las Palmas de Gran Canaria.


ABS' New Condition Monitoring Guidance

Monitoring Courtesy ABS

Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate


New Condition Monitoring Guidance from ABS

ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate monitoring techniques, and the ABS Guide for Surveys Based on Machinery Reliability and Maintenance Techniques provides updated


IRClass Enhances Services to Indian Navy

Neelam Handover Class Certificate Photo IRS

IRClass, the Indian Register of Shipping, today announced an increase in the range and level of services it provides to the Indian Navy, with the advent of naval vessels in service being maintained in IRClass. “Several types of Indian Naval vessels have been, and are being


Olympic Subsea Vessel Bags Contract

Olympic Delta. Photo by Olympic Shipping AS

 Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.    The vessel, with the length of 92.55 meters, will be employed in the renewable energy sector


ABB Turbocharging Invests in Service Network

ABB Turbocharging service engineers  at work carrying out maintenance on a containership (Photo: ABB)

ABB Turbocharging said it has made major investments at key service locations through 2015 resulting in tangible enhancements to its global maintenance and repair network for 2016 and beyond.    The company opened completely new service locations in Amman, Jordan, as well as Montevideo


Wärtsilä Ship Design for Offshore Maintenance Vessel

Trinity- The new jack-up lift vessel is designed by Wärtsilä. Image by Wartsila

Wärtsilä has been awarded the contract to provide the design for a new jack-up lift vessel. The contract was signed in March with a well known Chinese yard and there is an option for three more vessels. The Wärtsilä design is developed in collaboration with Altis


Crimea to be the Hub of Russian Shipbuilding

Image:  Sevastopol Shipyard

 Russia is considering a massive shipbuilding program, utilizing the facilities of Crimean enterprises and plants, reports Pravda.   Russian Deputy Prime Minister Dmitry Rogozin said when paying a visit to a shipyard in Crimea that used to be powerful and promising in the past.


Dales Marine Launch New Lay-up and Dock Hire Services

Dales Marine, a privately owned ship repair companies in Scotland, has enhanced its portfolio by introducing two new services to support the growing needs of the shipping and offshore industry.   In addition to its capabilities for working in ship repair and maintenance


Bureau Veritas Approves FPSO Composite Repair System

Photo: Bureau Veritas

Classification society Bureau Veritas has approved in principle the repair of offshore structures using the bonded composite product Coldshield, developed by Paris-based start-up Cold Pad. Coldshield is a composite structural reinforcement specifically developed for the harsh environments of


Damaged US Warship Heads to San Diego for Repairs

USS Fort Worth (U.S. Navy photo by Joe Bishop)

The USS Fort Worth, a U.S. warship that suffered damage to its combining gears in Singapore in January, will travel to San Diego under its own power for extensive repairs at a General Dynamics Corp shipyard, the U.S. Navy said Wednesday. The new coastal warship, built by Lockheed Martin Corp


India Defense Minister to Aid Shipping Growth

Manohar Parrikar (DoD file Photo by Glenn Fawcett)

As India’s shipping sector eyes continued growth in years to come, the country’s ministry of defense will ensure that the shipping sector receives the necessary assistance for growth, said Union Minister for Defense Manohar Parrikar.   


Damen Completes Maintenance of Flintstone

Flintstone Photo Damen Shiprepair Amsterdam

The fallpipe vessel Flintstone has departed from Damen Shiprepair Amsterdam, part of Damen Shiprepair & Conversion, following a six-week programme of maintenance and repairs together with her first Special Survey. Owned and operated by the Tideway group of companies


New CEO at GulfNav Leads Expansion Plans

From right to left: Khamis Juma Buamim, Group CEO, Abdulla Saeed Abdulla Brook Al Hemeiri, Chairman, and Ahmad Al Kilani, Board Member of Gulf Navigation (Photo: Gulf Navigation)

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim


AkzoNobel Debuts Intershield

Intershield for  on-board maintenanceCourtesy AkzoNobel’s Marine Coatings

AkzoNobel’s Marine Coatings business has launched a best-in-class anticorrosive universal primer, Intershield One-2-One, which delivers simplified maintenance, waste avoidance and enhanced corrosion protection.   Intershield One-2-One


CMAXS Installed on Two Rosy Star Ocean Vessel Management Ships

Photo: Class NK

ClassNK Consulting Service’s software solutions ClassNK CMAXS PMS and ClassNK CMAXS SPICS have just been installed on two ships managed by Manila-based Rosy Star Ocean Vessels Management Co., Inc., marking the first adoption by clients outside of Japan.






 
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