Contracts

Friday, April 07, 2000
FGH Finalizes $40M In New Contracts

Friede Goldman Halter, Inc. announced that it has recently finalized six new contracts with a total value of approximately $40 million.

The contracts are with the following customers:

-The Venezuelan government for the construction of two 153-foot LCU-type logistics support vessels. Financing for the project has been secured through the Export-Import Bank and all guarantees have been obtained. Construction for the vessels is anticipated to begin during the second quarter at the company's Moss Point Marine shipyard in Escatawpa, MS and delivery is slated for the fourth quarter of 2001.

-Atwood Oceanics for the design and construction of a deepwater mooring system. The 8-point combination traction-winch/windlass mooring system will be installed on the Atwood Eagle, a semisubmersible drilling rig capable of operating in water depths up to 5,000 feet. The project will be designed by the FGH Engineered Products Group's AmClyde division and manufactured at the group's BLM Offshore facility in Nantes, France. Delivery is scheduled for January 2001.

-Transocean Sedco Forex for winterization of SEDCO 714 semisubmersible drilling unit. The work will be performed at Friede Goldman Newfoundland's Cow Head Offshore fabrication facility in Newfoundland, Canada. The initial scope of work is expected to be completed by the end of the second quarter.

-Atwood Oceanics for the fabrication and installation of equipment to enhance seafloor sliding characteristics for the Atwood Richmond submersible drilling unit. Work has begun at Friede Goldman Offshore Texas' Dockyard facility and is expected to be completed by the end of the second quarter of 2000.

-Subsidiaries of Harrah's Entertainment, Inc. for the construction of two casino barges. Fabrication of block modules will take place at the Halter Gulfport facility with final assembly at the company's Port Bienville shipyard. Completion is scheduled for second quarter of 2000.

-Thoma-Sea Boat Builders for the construction of a 150' x 50' tugboat hull and superstructure. The project will be executed at the company's Lockport, LA yard and is scheduled for completion in the fourth quarter of 2000.

Chantiers Subcontracts P&O Hull

Chantiers de L'atlantique, St. Nazaire, France, has subcontracted the hull from development and model tests of P&O's duo of new 971 ft. (296 m) cruise vessels to SSPA Sweden AB in Gothenburg. The order also calls for maneuvering and seakeeping tests with a free-sailing ship model, as well as cavitation tunnel tests. SSPA is also developing the City of New York's Staten Island ferries.

Litton Marine Wins U.K. Ministry Contract

Litton Marine Systems was granted an order from the U.K. Ministry of Defense for the supply of navigational radars for 19 support vessels in service with the Royal Navy and British Army.

The contract encompasses installation, commissioning, trials and onboard operator training.

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

Contracts

SFL Adjusts Charter Agreement with Frontline

Ship Finance International Limited (SFL) announced that it has entered into a heads of agreement to amend the long-term chartering agreements with Frontline Ltd.

New Ship Continues Atlantic Offshore's Fleet Modernization

Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million.

Frontline Beats Q1 Forecasts, Inks Ship Finance Deal

Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with chartering

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1159 sec (9 req/sec)