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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


Great Lakes Shipyard Winter Season Contracts

Great Lakes Shipyard Facility: Photo credit Great Lakes Shipyard

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.


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


U.S. Navy Awards General Dynamics $8.4 M Planning Contract

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


ITIC Warns Shipmanagers on Lay-Up Liability

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 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.


BAE Awarded Two Navy Ship Repair Contracts

USS Chafee: Photo credit USN

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


HydraWrap: Not Just a Temporary Repair Anymore

Hydratech 2.jpg

Many vessel operators that experience leaks to piping, pipe fittings, and bulkheads have, in recent years, turned to the HydraWrap system. Used to repair leaking pipe systems and prevent downtime, the HydraWrap system, manufactured by HydraTech Engineered Products, LLC in Cincinnati, OH


Global Marine Lubricants Market to Value $9.36b by 2018

A global market report published by Transparency Market Research, entitled Marine Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, provides inputs about the global state of the current market of marine lubricants industry along with a forecast


VADM Hilarides Commander, Naval Sea Systems Command

Vice Adm. William Hilarides Commander, Naval Sea Systems Command

Vice Adm. William Hilarides, the commander of the Naval Sea Systems Command (NAVSEA), recently spoke to a small group of reporters about his vision for NAVSEA and the challenges and opportunities he faces. A decline in the number of skilled Sailors able to conduct repairs onboard their ships; an


N-Sea Completes Inaugural System Diving Scope

The TUP Diving System (Photo courtesy of N-Sea)

Inspection, maintenance and repair (IMR) specialist N-Sea has recently completed its inaugural diving scope with the TUP Diving System (Transfer Under Pressure). The diving scope involved x-mas tree assistance with the deployment of the TUP Diving System for client ONE (Oranje-Nassau Energie)


BAE Systems Awarded 'USS Hopper' Repair Contract

USS Hopper: Photo USN

US Department of Defense informs BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a not-to-exceed $22,905,907 undefinitized contract action to a previously awarded contract (N00024-14-C-4412) for repair and alteration of USS Hopper (DDG-90).


Fifth Jackup Contract for Keppel from Gulf Drilling

KFELS jackup rig

  Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International Ltd. of Qatar to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part of the contract


DSS Secures HOS Jones Act MPSV for Gulf ROV Work

HOS Bayou

Delta SubSea Secures U.S.-Flagged DP-2 IMR/Construction Support Vessel for Deepwater ROV Operations in the GoM. Delta SubSea, LLC (DSS) has entered into an agreement with a subsidiary of Hornbeck Offshore Services, Inc. (HOS) for the HOS Bayou


REL to Supply Deep Ocean Mooring Winch System to NOC

Photo courtesy of REL

Romica Engineering Ltd (REL) have signed a contract with the U.K.’s National Oceanography Center (NOC) to provide a containerized deep ocean mooring winch system. This 4,000m capacity winch system, with a hydraulic power unit, will be used at sea for various large mooring operations


Swiftships Shipbuilding Awarded Iraqi Navy Support Contract

Contract document: File photo

The US Department of Defense informs that Swiftships Shipbuilding, L.L.C., Morgan City, Louisiana, is being awarded an $18,000,000 not-to-exceed contract for the accomplishment of continuous lifecycle support for the Iraqi navy. DoD explains that this contract involves foreign military


Canal Marine, Techsol Marine Enter Partnership

Canal Marine and Techsol Marine announced a partnership agreement that will combine the companies' expertise for providing marine system design and fabrication, including switchboards, motor and generator controllers, AC/DC drive and winch controllers, alarm and monitoring systems


MacGregor to Supply Deck Machinery to 6 OSVs

OSV Barge

MacGregor, part of Cargotec, says it has won a series of deck equipment orders from Chinese shipbuilder Xiamen Shipbuilding Industry Co Ltd. The winches and deck machinery packages will be fitted to six vessels under construction at the yard.  


Gibdock Wraps Up Repair Work for Grimaldi

Photo courtesy of Gibdock

The Grande Angola left Gibdock on Tuesday following the on-time completion of a scheduled package of repair works, the shipyard reported. The project covered work on the second vessel in a two-vessel contract between Gibdock and Grimaldi Group


Norfolk Dredging Awarded U.S. ACE Delaware River Contract

Dredging work: File Photo

The US Department of Defense informs that Norfolk Dredging Co., Chesapeake, Virginia, was awarded an $11,787,279 firm-fixed-price contract for maintenance dredging of the inland waterway Delaware River to Chesapeake Bay, Delaware and Maryland.


Bibby Offshore Scoops Two Business Awards

Howard Woodcock (Photo courtesy of Bibby Offshore)

Bibby Offshore, a provider of subsea installation, inspection, repair and maintenance services to the offshore oil and gas industry, has been recognized at the 2014 Northern Star Business Awards winning in the categories Commitment to People Development and Outstanding Contribution to the Energy


New Recommendations to Avoid Jacking System Failure

A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice. This provides guidance to ensure the correct and safe functioning of rack and pinion style jacking systems. The objective is to reduce the risk of gear failure






 
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