General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE:GD) , has been awarded a $940m contract from the U.S. Navy for the construction of two T-AKE dry cargo-ammunition ships and to purchase long-lead construction materials for two additional T-AKE ships. Under the contract, NASSCO receives full funding for the construction of USNS Washington Chambers (T-AKE 11) and USNS William McLean (T-AKE 12). Earlier this year, NASSCO received a total of $200m to purchase the long lead materials for these ships. Construction of the Washington Chambers and the William McLean is scheduled to begin in the first and fourth quarters of 2009, respectively. The new contract also provides $200m for procurement of T-AKE 13 and 14's engines and other components that have significant manufacturing lead times. A contract that fully funds both ships is expected by February 2010. Construction of the unnamed thirteenth and fourteenth ships is scheduled to begin in the second and fourth quarters of 2010, respectively. "This contract award permits General Dynamics NASSCO, our team of suppliers and subcontractors to maintain an efficient schedule to build these highly-capable Navy auxiliary ships at the best value to the U.S. government," said Frederick J. Harris, president of General Dynamics NASSCO.
Trailer Bridge, Inc. announced the execution of an amendment to its financing agreement with GE Capital and the addition of four new members to the Company’s Board of Directors. The amendment with GE Capital waives past non-compliance with certain covenants and establishes new financial covenants that the Company is confident it will remain in compliance with. Trailer Bridge has a $15 million revolving credit facility, with actual draws determined by a borrowing base formula
The History of Containerization Foundation, in cooperation with the Containerization & Intermodal Institute and the Smithsonian Institution, will host the official Gala Celebration marking the 50th anniversary of containerization on April 27 in Washington, DC. On April 26, 1956, the converted tanker IDEAL-X departed Newark, New Jersey en route Houston, Texas carrying 58 aluminum truck bodies in frames installed atop its deck
American Bridge/McLean Pier 11 Constructors, a Joint Venture, Williamsburg, Va., is being awarded a $35,000,000 (first increment) firm-fixed price contract for demolition and replacement of Pier 11 at Naval Station, Norfolk. This contract will be incrementally funded with the initial funding today; the total contract amount is not to exceed $91,552,110. Work will be performed in Norfolk, Va., and is expected to be completed by April 2008. Contract
Bay-Houston Towing Co. announced that it has purchased the tractor tug C-TRACTOR 1 from Alpha Marine Services. The tug, which will be renamed the WILLIAM M, will be based in Corpus Christi, TX. The WILLIAM M is a true tractor design, with the Ulstein drive units located forward. This allows the twin EMD 16-645 engines to generate 110,000 pounds of bollard pull both ahead and astern. Her design speed is 12 kts.
The Port Authority of Allegheny County’s Board of Directors today voted to hire Ellen McLean as CEO of the transit agency. McLean’s contract is effective February 1 and extends for three years, with options to extend the agreement for up to two additional years. McLean currently is the Interim CEO and previously served as the Authority’s Chief Finance Officer. “Ellen is the right person at the right time for Port Authority
The debate surrounding the cost to value of advnanced tractor tugs is ongoing in the marine business, as most normal operations do not always require the swift manuevers and brute strength these vessels posses. Some owners say the tugboats as “overkill”, and bemoan the higher cost of maintenance in comparison to traditionally driven boats. When an incident such as the one that was recently logged in the Prince William Sound of Alaska happens, though
The Coast Guard announced Wednesday the launch of its third Sentinel-class, Fast Response Cutter, the William Flores, at Bollinger Shipyards, Lockport, La. The launch of the William Flores into the waters of Bayou Lafourche marks a production milestone as the Fast Response Cutter readies for sea trials, delivery, crew training and eventual commissioning.“The Coast Guard’s new Fast Response Cutters are national assets
Bel-Ray Company Inc. said it has appointed the Marine Markets West, LLC as sales representative in the Western United States and British Columbia in Canada, and was selected for the William F. Miller agency for representation in the Southeastern region of the United States Marine Markets West will represent Bel-Ray in territories, such as Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and British Columbia, while William F
With today’s focus on digital technology, mobile apps, enhanced reality and the overall digital landscape, the maritime industry often gets overshadowed, leaving some to ask, “Does maritime still play a significant role in today’s society?” The answer, of course, is a resounding “Yes!” Maritime museums, such as GulfQuest National Maritime Museum of the Gulf of Mexico, are here to introduce to some (and reinforce to others) the continued importance of
1819 - Commodore Oliver H. Perry, the hero of the Battle of Lake Erie, dies on board the schooner, USS Nonsuch, in Trinidad of a fever contracted during his successful efforts to suppress piracy while maintaining the friendship of Latin American governments. It was his 34th birthday.
Retlif Testing Laboratories, a global independent EMC and Environmental testing leader serving the maritime industry since 1978, has announced the appointment of Scott Poggi, as Director of Operations. In his new position as Director of Operations
The Company: A leading US maritime consultancy established in 1996, SMSLLC provides practical risk mitigation solutions for vessel operators and stakeholders. Clients include a broad range of operators including Genesis Marine, American River Transportation Company, Seabulk Towing
Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties. The Request for Additional Information (RFAI) effectively stops the clock on the agreement until such time as the filing parties
India's Iran oil imports rose about 39 percent in June year on year, preliminary data obtained by Reuters shows. In the first half of 2016 India's Iran oil imports surged by about 58 percent to about 342,000 bpd, the data showed, in comparison with 216,500 bpd in the same period last year
1798 - President John Adams signs an act that reestablishes the Marine Corps under the Constitution. The following day, Maj. William W. Burrows is appointed Commandant of the Marine Corps. 1918 - Henry Ford launches the first of the 100 intended Eagle boats
1813 - During the War of 1812, Lt. John M. Gamble becomes the first Marine to command a ship in battle, USS Greenwich, when she captures British whaling ship Seringapatam. 1853 - Commodore Matthew C. Perry lands and holds the first meeting with the Japanese at Uraga
The revised Somalia Maritime Code is being finalized at a four-day Stakeholders Forum, sponsored by International Maritime Organization (IMO) (Kigali, Rwanda 12-15 July). The workshop is part of IMO’s ongoing technical assistance to the Federal Government of Somalia and
1776 - During the American Revolution, the Continental brig, Reprisal, commanded by Capt. Lambert Wickes, transports the newly appointed commercial and naval agent, William Bingham, to Martinique. While en route, the British sloop-of-war, HMS Shark, approaches the brig at the entrance to St
1846 - During the Mexican-American War, a detachment of Marines and Sailors, led by Arm. Col. John C. Fremont from the sloop USS Cyane, commanded by Cmdr. Samuel F. DuPont, lands and takes possession of San Diego and raises the U.S. flag.
U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Tuesday, August 2 for the U.S. Navy’s second Expeditionary Sea Base (ESB) the future USNS Hershel “Woody” Williams currently under construction at the builder’s San Diego shipyard.
1860 - Screw frigate USS San Jacinto, commanded by Capt. William M. Armstrong, captures the American slaver Storm King with 619 slaves on board, off the Congo River. A prize crew from the steam frigate sailed the captured slaver to Monrovia and turned 616 freed Negroes over to the United States
1812 - The frigate USS Constitution captures and burns the brig, HMS Lady Warren, off Cape Race, off Labrador, Canada. 1831 - The U.S. flag gains the nickname of Old Glory from William Driver, master of the brig USS Charles Daggert.
Shipping containers are being converted into the high-tech, movable tech lab, says a report in CNN. Raleigh-based Betabox's mobile labs are built inside refurbished shipping containers and have been retrofitted to include things like whiteboards
The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii