New USACE Contracts

Tuesday, March 02, 2010

Weeks Marine, Inc., Covington, La., was awarded on Feb. 25, 2010, a $58,509,050 firm-fixed-price contract for work consisting of mechanical and hydraulic construction of containment levees requiring deep excavation to minus-70 ft, shoreline protection, and spillbox rehab to increase the capacity of Placement Areas 14 and 15; and maintenance and new work dredging of the Houston Galveston Navigation Channel Bayport to Morgans Point with four options.  Work is to be performed at Harris County, Texas, and Chambers County, Texas, with an estimated completion date of March 31, 2012.  Thirty-four bids were solicited with four bids received.  U.S. Army Engineer District Galveston, Texas, is the contracting activity (W912HY-10-C-0016).


Contracts

Banks Halt Support for 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,

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

 
 
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