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Todd Shipyards Wins Navy Contract

Todd Shipyards Corporation announced that the U.S. Navy has awarded to its wholly owned subsidiary, Todd Pacific Shipyards Corporation, a delivery order under its Multiple Award Contract in the amount of $5m for the in-drydock repairs and preservation of Caisson #4 at Drydock #2 at Puget Sound Naval Shipyard in Bremerton, Wash. Work will be accomplished by the Todd Pacific workforce and selected subcontractors commencing in August 2006 with completion scheduled for November 2006. The work includes interior and exterior preservation, structural repairs and miscellaneous maintenance items including ballast valve repairs.


Electric Boat Wins Navy Contract

General Dynamics, Electric Boat Corp., Groton, Conn., is being awarded a $25,375,000 firm-fixed-price delivery order under the previously awarded multiple award indefinite-delivery/ indefinite-quantity contract (MAC) (N00024-04-D-4408) for the preparation and accomplishment of the FY08 docking selected restricted availability of USS San Juan (SSN 751) at the Naval Submarine Base, New London, Conn. This contract includes options which, if exercised


Hawaiian Companies Win Navy Contract

C&S Services Inc., Waipahu, Hawaii; Marisco, Ltd., Kapolei, Hawaii; Pacific Shipyard International, LLC, Honolulu, Hawaii; Propulsion Controls Engineering Hawaii, Aiea, Hawaii; Q.E.D. Systems Inc., Virginia Beach, Va., are each being awarded a potential maximum of $15 million for indefinite-delivery/indefinite-quantity contracts to provide repair, maintenance, and alteration to U.S. Government waterborne vessels and surface ship, visiting or homeported in the Hawaiian Islands


Oceaneering Wins Navy Contract

Oceaneering International, Inc., Hanover, Md., is being awarded a ceiling $45,000,000 indefinite-delivery/indefinite-quantity contract for the technology development, system development and demonstration phases for the High Capacity Alongside Sea Base Sustainment Large Vessel Interface Lift On/Off HiCass LVI Lo/Lo). Work will be performed in Hanover, Md., and is expected to be completed in September 2010. Contract funds will not expire at the end of the


SAIC Wins Navy Contract

Science Applications International Corp., San Diego, Calif., is being awarded a $10,438,103 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract for research and development, test and evaluation in environmental technology and engineering, marine science, chemistry, biological science, information technology and management, advanced sensor development, environmental platform systems, decision support systems and ocean/harbor/coastal surveillance in support of the Advanced


Moose Boats Wins Navy Contract

Moose Boats was awarded a new contract from the U.S. Navy for the construction of another Moose 340C Catamaran Patrol Boat. The contract totals approximately $475,000 and the boat is scheduled to be delivered in late 2005. The Moose 340C is a 37.5 ft. All-Aluminum Jet Powered Catamaran with twin Cummins 380 hp turbo diesels and is propelled by Hamilton 292 water jets. This vessel will be assigned to a station in the Norfolk, Virginia area


Titan Wins Navy Contract

Titan Corp., Mt. Laurel, N.J., is being awarded a $28,114,055 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, performance-based contract to provide integrated systems engineering support services to Space and Naval Warfare Systems Center, Charleston. The contractor shall provide services in systems engineering, program management support, integrated logistics, configuration data management, and security support for various departments of the Navy C4ISR (command, control


Winning PIcture of Ice Patrol Ship

The Winning Photo: Credit MOD

Pictures of the Royal Navy's ice patrol ship HMS Protector win Peregrine Trophy, the Royal Navy's annual photographic competition The awards ceremony for the competition took place at the Old Royal Naval College in Greenwich last night, where the First Sea Lord, Admiral Sir Mark Stanhope, announced the winners. This year's entries included photos from naval photographers deployed in Afghanistan, and on counter-piracy operations and other operations both abroad and in the UK.


Navy Supports Louisiana’s Avondale Shipyard

According to a report from www.Nola.com, the Navy announced a series of initiatives on Sept. 17 aimed at extending work at Avondale Shipyard even after Northrop Grumman closes its operations there in 2013. Sean Stackley, assistant secretary of the Navy for research, development and acquisition said the Navy will work with Northrop Grumman and the state in preserving the current Avondale facilities and in preserving plans to upgrade these facilities should a future owner compete for and win


This Day in U.S. Navy History – November 29

1775 - CAPT John Manley in schooner Lee captures British ordnance ship Nancy with large quantity of munitions. 1890 - First Army-Navy football game (Navy won 24 to 0). 1929 - CDR Richard Byrd makes first flight over South Pole. 1944 - USS Archerfish (SS-311) sinks Japanese carrier Shinano, world's largest warship sunk by any submarine during World War II . (Source: Navy News Service)


Hanjin Gets $45 Million Credit Line From KDB

Photo: Hanjin Shipping Co

 Korea Development Bank has offered a conditional credit line of 50 billion won ($45 million) to help ease supply-chain disruptions caused by the collapse of Hanjin Shipping Co, says a report in Reuters.   An estimated $14 billion of cargo was trapped on Hanjin ships when the world's


Vard Design for USCG Patrol Cutter

Offshore Patrol Cutter

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels stated that a design developed by its subsidiary Vard Marine has been selected for the US Coast Guard’s new Offshore Patrol Cutter (OPC) program.


Hanjin Shipping Secures $45 mln to Rescue Stranded Cargo

File Image: A Hanjin boxship underway (Credit: Hanjin)

Parent group transfers $36 mln to troubled shipper. It may cost over $150 mln to unload stranded cargo. The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said


Former Hanjin Chair to Provide $9 million to Shipper

Former Hanjin Shipping chairwoman Choi Eun-young plans to provide 10 billion won ($9 million) in private funds to Hanjin Shipping, a spokeswoman for Choi said on Monday. Reporting by Joyce Lee


Korean Air Approves Loan for Hanjin Shipping

File Photo Hanjin

Korean Air Lines, the biggest shareholder of Hanjin Shipping, has approved a plan to provide a loan of 60 billion won ($54.16 million) to the troubled shipper. The support will be offered on condition of securing Hanjin Shipping's Long Beach Terminal as collateral, Korean Air said.


Electric Boat Wins $300 Mln Virginia-class Submarine Contract

Photo: Electric Boat

US-based General Dynamics subsidiary Electric Boat won a contract for more than $300 million to maintain design and engineering specifications for Virginia Class submarines, the US Department of Defense said in a press release.   


Banks Halt Support for Hanjin

file Image (Credit: Hanjin)

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.


SOS from Hanjin Shipping

Photo by Hanjin Shipping Co

 The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to postpone debt repayments to foreign creditors made significant progress, says the cash-strapped firm.  


This Day In Naval History: August 23

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.  


Is DSME Facing Delisting?

Photo: DSME Co.,Ltd

 South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME),  faced with risks of being delisted from the stock market due to capital erosion, is seeking measures for survival, says a report in Korea Times.   DSME has fallen into the state of complete capital impairment


Austal JV Wins First Ferry Contract

Image: Austal Limited

Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China, has won the first ferry contract to build a 42 metre high speed aluminium ferry for Chinese mainland operator Blue Sea Jet.


Daewoo Shipbuilding Selling Shares to Raise Funds

South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd said on Thursday it is planning to sell shares to raise funds by the end of this year, with details to be discussed with its creditor banks. Daewoo Shipbuilding, the world's largest shipyard in terms of orderbook tonnage for July


Damen Bags Jack-up Pontoon Contract

Contract signing Clive Frost and Pascal Slingerland Photo Damen

Damen Shipyards Sharjah (DSS) in the United Arab Emirates has won a contract to build a shallow draught, self-propelled Jack-up Pontoon 3526 for the UAE-based contractor Aqua Diving Services Ltd. Once delivered, it will be used primarily to deliver offshore support services


SpeedCast Acquires WINS Limited

Satellite communications and network service provider SpeedCast International Limited announced its acquisition of WINS Limited, a Europe-based provider of broadband satellite communications and IT solutions for the maritime sector.  


US, South Korea Discuss Naval Security

Chief of Naval Operations (CNO) Adm. John Richardson met with his South Korean (ROK) counterpart, Adm. Jung Ho-sub at the Pentagon for a discussion focused on the strengthening partnerships and ways to work together to increase maritime security throughout the Indo-Asia Pacific. (U.S. Navy photo by Elliott Fabrizio)

Chief of Naval Operations (CNO) Adm. John Richardson met with his South Korean (ROK) counterpart, Adm. Jung Ho-sub at the Pentagon August 4 for a discussion focused on the strengthening partnerships and ways to work together to increase maritime security throughout the Indo-Asia Pacific.  






 
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