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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

India to Develop Iran's Chabahar Port

India will float a company to develop Iran's Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran's relations with world powers.

Boskalis Consortium Wins Suez Canal Expansion Contract

A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez

GTT Receives Order from HHI for Two LNGCs

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG) confirmed

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair 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: 0.1242 sec (8 req/sec)