Manitowoc Awarded Contract

Tuesday, October 16, 2001
Manitowac was awarded a U.S. Coast Guard contract valued at more than $80 million. The Manitowoc Company, Inc. the leading provider of shipbuilding and ship-repair services for the U.S. Great Lakes maritime industry, announced that the United States Coast Guard has awarded Manitowoc Marine Group an $82.4-million contract to build a new Great Lakes ice breaker.

The new vessel, which is currently unnamed, will be approximately 240 feet long, 60 feet wide, and will displace 3,500 long tons. In addition to breaking ice to keep shipping lanes open on the Great Lakes, the multi-mission vessel will service aids to navigation, as well as performing search and rescue, pollution control, security, and law enforcement duties from its homeport of Cheboygan, Michigan.

"With this contract, Manitowoc Marine Group has been awarded more than $200 million in shipbuilding contracts in October alone, providing additional validation of our strategic decision to acquire Marinette Marine last year," said Terry D. Growcock, Manitowoc's president and chief executive officer.

"The contract also enhances our status as the leading shipbuilder on the U.S. Great Lakes." Tom Byrne, president of Manitowoc Marine Group, added, "We plan to build the ice breaker at Marinette Marine under a contract that will span more than three years. Not only are we are very pleased to continue Manitowoc's long-standing relationship with the U.S. Coast Guard, we are proud to be their largest supplier, providing both shipbuilding and ship-repair work for their growing fleet of multi-purpose vessels."

The new ice breaker, which will be delivered in 2005, replaces the Mackinaw, a 290-foot Coast Guard cutter that was built in 1944. Key factors in landing this latest Coast Guard contract included Manitowoc's technical and engineering capabilities, management expertise, and cost competitiveness.

Earlier this month, Manitowoc announced that the City of New York had awarded the Manitowoc Marine Group a contract to build three Kennedy-class ferries to provide transportation between Staten Island and Manhattan. The group also recently received a contract for construction of a split-hull dump scow from Great Lakes Dredge & Dock. Combined, those contracts are valued at more than $124 million.

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Egypt Gets FSRU from BW Gas

Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract.   This comes as as the North African

DP World Sings Melbourne Port Lease Deal

DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port.

GE Gas Turbines to Power US Navy’s New Destroyers

The U.S. Navy’s new DDG 121 and DDG 122 Arleigh Burke-class destroyers will be powered by eight LM2500 marine gas turbines supplied by GE Marine, who also received

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1996 sec (5 req/sec)