Flir Systems Inc., a maker of thermal imaging systems, on Tuesday said it received an order worth $6.7 million from the Navy. The order is the first under a $35 million infrared imaging systems contract with the Navy. Future orders depend on available defense funding, the company said.
According to reports, the Coast Guard has awarded the first contract under its new management structure for the Deepwater program. The Coast Guard said in June that it would assume overall management duties for the troubled project, which includes a wide range of ships, aircraft and other systems. Lockheed Martin Corp. (LMT) and Northrop Grumman Corp. (NOC), the program's prime contractors through their Integrated Coast Guard Systems joint venture
OceanSaver announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately $44.6m. The DSIC VLCC contract follows recent OceanSaver BWM system orders with Hyundai Heavy Industries for two high-spec Suezmax crude-oil tankers and six VLCCs at the Shanghai Waigaoqiao Shipbuilding Company in China. To date
OceanSaver announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately $45m. The DSIC VLCC contract follows recent OceanSaver BWM system orders with Hyundai Heavy Industries for two high-spec Suezmax crude-oil tankers and six VLCCs at the Shanghai Waigaoqiao Shipbuilding Company in China. To date
Kongsberg was awarded an offshore integrated monitoring and control system contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned newbuild drillships, with an option for Kongsberg to deliver products and services for six more drillships. "We call this a 'full picture' solution, as it includes dynamic positioning, position reference systems, thruster control, integrated automation systems
BMT Group Ltd (BMT), the international design, engineering and risk management consultancy, has announced another strong financial performance for the year to September 30, 2012. By focusing on markets where it can deliver high-value customer solutions, revenues from BMT’s continuing businesses rose 22% to £156m and underlying operating profits increased to £13.7m, a proportion of which has been distributed to the staff through the company’s profit share schemes.
Aker Kvaerner has recently been awarded several contracts for delivery of advanced loading and offloading systems. One of these contracts comprise the delivery of an advanced offshore offloading system to Lukoil's Varandey platform located at the Peninsula Coast of the Barents Sea. The work is undertaken by the Aker Kvaerner subsidiary Aker Kvaerner Pusnes in Arendal. The offfloading system is designed for extreme low temperature conditions and is the second contract of its kind
Ocean Works International awarded contract for MWCC subsea dispersant fluid system OceanWorks International has been awarded a design, manufacturing and test contract to provide Marine Well Containment Company (MWCC) with a Subsea Dispersant Fluid System (SDFS). The system will further enhance MWCC’s existing dispersant injection system, also developed and manufactured by OceanWorks International. The SDFS is designed to sit on the seabed in the proximity of a subsea well at depths
Northrop Grumman contracted by Chengxi Shipyard to supply navigation bridge equipment for a series of new 39,500-dwt dry bulk cargo ships. The contract is for the supply of navigation bridge equipment for a series of 39,500-dwt dry bulk cargo ships being built in China for the China Navigation Company Pte. Ltd., Singapore, the deep-sea shipping company of the Swire Group. Under the contract with Chengxi Shipyard Co., Ltd
A £46m contract to support and maintain a new combat system across the Royal Navy's submarine fleet awarded to BAE Systems. The Design Services Arrangement contract will ensure that the system, which is used to navigate vessels as well as gather intelligence and defend against attacks, is maintained and developed over the next decade. The Royal Navy operates three classes of submarine, totalling 10 vessels, which are used to safeguard the UK's interests around the world.
The US Department of Defense, Navy, inform that Vigor Shipyards Inc., Seattle, Wash., is being awarded a $30,703,417 cost-plus-incentive-fee, cost-plus-award-fee contract to definitize a previously awarded undefinitized contract action (N00024-11-C-4401) for repair and alteration of naval assets
Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico, the Department of Justice announced today
Wärtsilä said its new inline scrubber system is designed to offer notable benefits over conventional exhaust gas cleaning systems, and its compact form saves considerable space, which is particularly important in smaller vessels and when being retrofitted
Bergen Group says it has decided to accelerate the process of reducing its involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities. As a part of this process, Bergen explains it has entered into an agreement to sell two of the remaining
L-3 SAM Electronics announced today that it has been awarded a major contract to provide complete electrical packages, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for Ceona Amazon, the 199-meter offshore construction and pipelaying
Building programs continue, spanning the full range of missions, despite budget concerns. Amidst all the talk of Beltway budget cutbacks and sequestration, the U.S. Coast Guard is quietly investing approximately $30 billion in major acquisition projects to modernize its physical assets
Mitsui O.S.K. Lines (MOL) inform it has signed a Head of Agreement on joint ownership and 20-year charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker Co., Ltd. At the same time, MOL signed a contract with Japan Marine United Corporation to build the new vessel.
Reuters - South Korea's STX Offshore & Shipbuilding Co Ltd said on Monday it won a 413.8-billion won ($387.63 million) order to build eight tankers from from Navig8 Product Tankers Inc. The South Korean shipbuilder said in a statement the contract includes an option for four more tankers
Raytheon Company says it is to provide the U.S. Navy with AN/AQS-20A minehunting sonar systems and equipment. The system leverages advanced sonar technologies to support the Navy's critical minehunting missions, ensuring safe access and passage for military and civilian vessels on the world's
The Harwich Dock Company (HDC) and Offshore Marine Management (OMM) have secured a significant long term contract with DONG Energy, one of the leading energy groups in Northern Europe, to provide cable storage and management services at the Harwich Navyard in Essex.
Huntington Ingalls Industries informs that its Newport News Shipbuilding division has received a US$1.295 billion extension to a previously awarded construction preparation contract for the aircraft carrier 'John F. Kennedy' (CVN 79). The contract extension enables Newport News to complete an
VSE Corporation informs that its International Group has received several delivery orders totaling more than $13.4M to continue work performed under its Foreign Military Sales (FMS) Naval Ship Transfer and Repair (N*STAR) contract through the Naval Sea Systems Command (NAVSEA) International Fleet
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the group has been awarded subsea construction and offshore support contracts in Asia Pacific and West Africa with a combined
A changing tax landscape doesn’t have to mean bad news – at least not just yet. A Changing Landscape Historically, bonus depreciation has had a significant effect on construction of new vessels, allowing businesses to initially expense 30 percent
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V BRAVANTE VI (Hull 156) on Friday February 28, 2014 to Boldini S.A., BRAVANTE GROUP of Brazil. The BRAVANTE V (Hull 155), the first in the series, was delivered three months earlier and is currently on charter in Brazil.