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 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 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 U.S. Coast Guard issued a Notice stating that it received an application from the Prince William Sound Regional Citizens’ Advisory Committee (PWSRCAC) for recertification under the Oil Terminal and Oil Tanker Oversight and Monitoring Act of 1990. Comments on this application should be submitted by February 1. 70 Fed. Reg. 2181 (HK Law).
1799 - William Balch becomes Navy's first commissioned Chaplain. (Source: Navy News Service)
The Navy welcomed guided-missile destroyer USS William P. Lawrence (DDG 110) into the fleet during a commissioning ceremony in Mobile, Ala., June 4. The newest Arleigh Burke-class ship, the 60th of its class, is named in honor of the late Vice Adm. William P. Lawrence, a highly-decorated Naval aviator and Vietname prisoner of war. Lawrence began his naval career as an academic scholar and athlete at the U.S
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
Aker Philadelphia Shipyard, Inc. (APSI) has held a ceremonial keel laying for the second of two Aframax tankers that it is building for SeaRiver Maritime, Inc., a Exxon Mobil Corporation’s U.S. marine affiliate. When completed in 2014
Today in U.S. Naval History - November 26 1847 - Lt. William Lynch in Supply sails from New York to Haifa for an expedition to the River Jordan and the Dead Sea. His group charted the Jordan River from the Sea of Galilee to the Dead Sea and compiled reports of the flora and fauna of the area
Today in U.S. Naval History - December 2 1775 - Congress orders first officers commissions printed. 1908 - Rear Admiral William S. Cowles submits report, prepared by Lt. George C. Sweet, recommending purchase of aircraft suitable for operating from naval ships on scouting and observation
Carnival Corporation & plc has appointed US Navy retired Vice Admiral William Burke to the newly created position of Chief Maritime Officer, effective December 9, 2013. Burke will report directly to Chief Operations Officer Alan Buckelew and will have oversight of the company's
Aker Philadelphia Shipyard, Inc. (APSI) has welcomed Governor Corbett back for an update on the state of the shipyard and a tour to view progress on the current tankers APSI is building for SeaRiver Maritime. The last time Governor Corbett visited APSI was in September 2011 for the contract
The crew of the U.S. Coast Guard Cutter Long Island towed a disabled cabin cruiser, in danger of running aground, to safety near Seward Thursday. The Long Island crew rendezvoused with the disabled vessel and its crew 300 yards from shore
Retired Chairman of the Board of the Herbert Engineering Group of Companies and Webb Institute alumnus, R. Keith Michel (Webb ’73) was inaugurated as the 15th president of Webb Institutein a private ceremony set on campus. Mr. Michel's inuauguration followed the retirement of RADM Robert C
FMC Commissioner William P. Doyle issued this morning’s opening remarks at the American Society of Transportation and Logistics (AST&L) 6th Sino - American Logistics Conference in Chicago, Il, where he addressed the use of LNG as a marine fuel.
Today in U.S. Naval History - October 30 1775 - Congress authorizes four vessels for the defense of the United Colonies. 1799 - William Balch becomes Navy's first commissioned Chaplain. For more information about naval history, visit the Naval History and Heritage Command website at
Today in U.S. Naval History - October 31 1941 - German submarine U-552 sinks USS Reuben James (DD- 245), which was escorting Convoy HX 156, with loss of 115 lives. First U.S. ship lost to enemy action in World War II. 1943 - Lt. Hugh D
Long established logistics company, Shapiro, welcomes William J. Borden, a 15-year industry veteran, to its headquarters in Baltimore, MD. In his new role, Borden will support a rising customer base and growth plans in the Mid-Atlantic as a Regional Director of Commercial Development.
Webb Institute, a 4-year college specializing in Naval Architecture and Marine Engineering, is pleased to announce that seniors Henry Jansen, from Bayville, NY, and Elli Wunder from North Bend, WA have been named the recipients of the 2013 – 2014 McMullen Family Foundation Scholarship.
Miller Boat Line’s ferry, M/V South Bass, is receiving its routine five-year drydocking and USCG inspection at Great Lakes Shipyard. The vessel was hauled out using the Marine Travelift, and the work on the vessel will be completed in two to three weeks.
Today in U.S. Naval History - November 6 1851 - U.S. Navy expedition under command of Lt. William Lewis Herndon, on a mission to explore the valley of the Amazon and its tributaries, reaches Iquitos in the jungle region of the upper Amazon after their departure from Lima, Peru.
Owners, of the giant 'Allure of the Seas', Royal Caribbean International say that a mechanical issue obligates performance of unscheduled repairs to their cruise ship 'Allure of the Seas', and the repairs will take place at Grand Bahama Shipyard, in Freeport, Bahamas, the week of February 24, 2014