Vessel Construction

Extended National Defense Tank Vessel Construction Assistance Program

The U.S. Maritime Administration (MARAD) issued a Notice amending the schedule for submittal of competitive proposals for construction of new product tank vessels under the National Defense Tank Vessel Construction Assistance Program. The schedule is being extended by 45 days. Phase I proposals are now due not later than June 18, 2004. Other deadline dates are similarly extended. 69 Fed. Reg. 19896 (April 14, 2004).

Council Endorses Irving Shipbuilding

According to a report from Halifax News Net, Halifax Regional Council has endorsed Irving Shipbuilding’s efforts to secure a contract for large vessel construction under Canada’s National Shipbuilding Procurement Strategy. The combined value of the work is approximately $30b over the next 30 years.   (Source: Halifaxe News Net)  

NASSCO Awarded $230 Million Contract

National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other American shipbuilders. The company now has contracts for 11 vessels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and containing 390,000 sq. ft

U.S. Shipbuilding Industry: A Bright Future Tempered with Challenges

Not since the heady days of the late 1970s has the outlook for shipbuilding in U.S. yards looked brighter, but that outlook is tempered somewhat by the threat of federal budget cuts that could jeopardize many present and future shipbuilding projects. The U.S.'s decision to unilaterally eliminate construction differential subsidies and end tax credits for vessel construction in the early 1980s resulted in 15 years of stagnation

IHC Merwede Expands Banking Facilities

IHC Merwede has recently increased its underwriting capacity by more than 50 percent to nearly $2.2 billion. Of this amount, over $1.3 billion has been committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks, with the aim of facilitating international growth. The five banks which form the consortium all have large international networks. Three of the five – ABN AMRO

Jensen Appoints Babcock to Management Role

Dan Babcock to Lead Company's Business Development Efforts.     Jensen Maritime, a Crowley Maritime Corporation company, has appointed Dan Babcock as manager of business development, reporting to Johan Sperling, vice president of Jensen. In this position, Babcock is responsible for business development in support of the organization's growth strategies. Camilla Oding, who was recently appointed marketing analyst, reports to Babcock

WSF Schedules State-wide Public Meetings

Washington State Ferries' (WSF) team gears up to head for meetings with ferry-served communities. With the 2013-2015 transportation budget signed, Washington State Ferries will meet the public to discuss the implications of the budget, as well as new vessel construction progress, ferry system performance measures, liquefied natural gas as a source of fuel, and route-specific issues. "“I look forward to visiting the communities and hearing directly from our riders on the issues that

Senesco Delivers Largest Commercial Floating Dry Dock

Senesco Marine of North Kingstown, R.I. launched the largest commercial floating dry dock in the Northeast United States on May 7, 2013. Senesco built the dry dock for Caddell Dry Dock and Repair Co. of Staten Island, N.Y. The dry dock has a lifting capacity of 7,300 LT, is 420 feet long, and has a 100-foot wide open pontoon deck between its 30-foot tall wing walls. JMS Naval Architects (JMS) of Mystic, Conn. designed the dry dock for Caddell to accommodate large tank barges, tugs

Keppel Corp. Units Win $46M in Contracts

Keppel Corporation Limited, through its subsidiaries, wpm contracts worth a total of $46 million from repeat customers. The $23 million contracts for the upgrading and repair of jack-ups, Ensco 51 and Ensco 54 are from ENSCO Offshore Company (ENSCO), with whom Keppel has built two jack-ups in the last four years and carried out numerous repairs. The other $16 million contracts come from Keppel’s subsidiary in Brazil, FELS Setal, and the

Ocean Services Completes DP2 Conversion

Ocean Services, a member of the Stabbert Maritime Group of Companies has recently completed the 278.8 ft by 59 ft DPII deep-sea construction vessel, Ocean Carrier.  Built as a multi functional platform, the Ocean Carrier is a valuable asset to the offshore construction industry and went directly on contract upon completion of the refit.   The shipyard division of Stabbert Maritime, Stabbert Yacht & Ship