Guam Shipyard Awarded Navy Contract

Thursday, August 25, 2005
Guam Shipyard, Santa Rita, Guam, is being awarded a $5,200,592 firm-fixed-price for the regular overhaul of USNS Concord (T-AFS 5). USNS Concord (T-AFS 5) is a Naval Fleet Auxiliary Force ship owned and operated by Military Sealift Command. This contract contains options which, if exercised, will bring the total cumulative value of the contract to $7,046,851. Work will be performed in Santa Rita, Guam, and is expected to be completed by November 2005. Contract funds will not expire at the end of the current fiscal year. This contract was a sole source procurement. The U.S. Navy's Sealift Logistics Command Far East is the contracting activity (N62404-05-C-0014).

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Ship Repair & Conversion

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

 
 
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