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
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
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 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
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.
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
Washington State Ferry M/V Tacoma will return to work on the Seattle/Bainbridge Island route starting March 28 after suffering electrical damage last summer. The Tacoma lost power and suffered significant damage to its electrical switchboard system transiting from Seattle to Bainbridge
BAE Systems announced it will invest approximately $100 million to expand drydocking capabilities at its San Diego shipyard. The investment, which will include the purchase of a new drydock and a range of infrastructure improvements at the yard, aims to enhance ship repair
Harkand won a multi-million contract with Maersk Oil North Sea Ltd for the provision of DSV services in the North Sea region. The 12-month contract will be serviced by Harkand’s two DSVs, the Harkand Da Vinci and Harkand Atlantis, supported by project management and engineering from
Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet, which comprises nearly 60 vessels. Based in Hamburg, Ahrenkiel Steamship Group is a leading
Nakilat Keppel Offshore & Marine (N-KOM) and Wärtsilä have signed a Memorandum of Understanding (MoU) agreeing to work together to increase business opportunities in repair and maintenance services for marine and offshore vessels, as well as onshore structures at the shipyard.
Helm Operations announced today that it has signed on barge fleeting and marine transportation company, Magnolia Fleet LLC to Helm CONNECT Preventive Maintenance. Magnolia Fleet operates 11 push boats, 2 fleets, and midstream fuel operations in New Orleans and Lake Charles.
Our Shipyard Zamakona Pasaia, had recently dry-docked the modern general cargo vessel ABIS BELFAST belonging to the Dutch company Abis. The vessel with 89.95 meters length by 14 meters beam has made several repairs and general maintenance of mechanical
In an effort to help offshore operators and contractors to get more out of their assets and develop projects more cost-effectively, classification society Bureau Veritas said it has supercharged its reliability, availability and maintenance (RAM) software suite Optimise.
Portsmouth Naval Shipyard (PNSY) has completed the restoration of the motor generator set for the Ohio-class ballistic-missile submarine USS Rhode Island (SSBN 740) on February 23 – three days ahead of schedule, the U.S. Navy reported.
Italian cruise ferry operator Moby S.p.A. has chosen the RINA InfoSHIP software suite for managing maintenance and purchase processes across its entire 13-ship fleet. RINA InfoSHIP Maintenance and Purchase Module (MP), developed in cooperation with IB Software and Consulting
Zamakona Yards has signed an agency agreement with the Stewart Group, owned by RS Platou&Clarksons, the shipyard announced. The agreement will see the Stewart Group will offer its customers Zamakona Yards repair and maintenance services both afloat and in our shipyards.
The amphibious transport dock ship USS New Orleans (LPD 18) completed a five-day sea trials March 13 following an eight-month planned maintenance period, the U.S. Navy reported. The sea trials gave New Orleans' crew members an opportunity to test a number of shipboard systems including
Rolls-Royce has extended its service capability in South Korea by partnering with Busan-based ship repairer Sunjin Entech. The new service agreement means that Rolls-Royce can now provide customers with a bespoke one-stop service solution at the Gupyung and Youngdo yards
At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season. The locks at Sault Ste. Marie, Michigan are among 16 locks that form the Great Lakes St
Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Now, with oil prices down by half since June