Gulf Yards to Split $140m for Repairs

Thursday, January 25, 2007
Six Gulf Coast shipyards damaged by Hurricane Katrina will split 140 (m) million dollars in repair funds from the Navy, reported the AP. Congress appropriated the funds to shipyards that have existing Navy shipbuilding contracts. The August 2005 hurricane caused about one (b) billion dollars in damages to Northrop Grumman shipyards in Gulfport, New Orleans and Pascagoula. The three shipyards currently employ about 17-thousand people, including more than two thousand who commute from southwest Alabama. Others approved for funding include Austal U-S-A and Atlantic Marine, which both operate major shipyards in Mobile. Atlantic, which employs about 650 workers at its two Pinto Island shipyards in Mobile, said its share of the money would be used to repair piers and bulkheads damaged by the hurricane. Austal employs about 800 at its Mobile River shipyard. A spokesman said it sustained minor production delays and wind damage from Katrina. Part of the damage was to a new production shed used to assemble the Littoral Combat Ship for the Navy. The Navy will negotiate with each of the companies to determine how much each will receive. Source: AP
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Sustainability Report: Carnival Ahead of Emissions Goal

Carnival Corporation & plc released a report today detailing its sustainability efforts, including initiatives which enabled the company to meet its corporate goal

Meyer Turku Building another Ship for TUI Cruises

Meyer Turku Oy celebrated the start of production of cruise ship Mein Schiff 5 on November 18, 2014, as the cutting machine was started by Mike Schwanke, Marketing

Norovirus Strikes Carnival's Crown Princess – Again

A cruise ship with 172 passengers and crew members suffering from a gastrointestinal ailment caused by norovirus was met by public health officials when it docked in California on Sunday,

Navy

Australia: Maritime SAR in Asia Pacific a Priority

Defense force personnel from Australia are in China for Exercise Cooperation Spirit 2014 which begins today. The exercise aims to enhance coordination and cooperation between Australia,

Australian Navy Seizes $158m of Heroin

An Australian Navy warship patrolling Indian Ocean waters seized heroin worth $158 million near east Africa this week, a navy official said on Thursday, one of

Fulcrum Buys BMT Snyek Technologies

BMT Group announced the sale of BMT Syntek Technologies Inc to Fulcrum Corporation. Fulcrum Corporation, based in Arlington, VA., providies customized services

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0965 sec (10 req/sec)