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 Today

The Maritime Industry's original and most viewed E-News Service

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

Cruise Ship Trends

Turbocharger Retrofits for Royal Caribbean

MAN PrimeServ informs it has won the contract from Royal Caribbean Cruises Ltd. (RCCL) to retrofit the turbochargers aboard four cruise liners from its fleet.   The

South Africa Ports Gear Up for Cruise Season

South Africa’s ports are ramping up for a bumper cruise season with at least eight luxury cruise lines and over ten passenger vessels of varying sizes set to ferry

IMC to Design New Catamaran for Bali Hai Cruises

Marine tourism operator Bali Hai Cruises has selected International Maritime Consultants (IMC) for the design of its next generation day cruise catamaran.   Working closely with Bali Hai Cruises,


Fincantieri Launches Nuclear Waste Vessel for Russia

New semisubmersible floating platform will be used to transport special material decommissioned by the Russian Navy    Itarus, the new semisubmersible floating

Crowley Opens Government Services Office

Crowley Maritime Corp. has opened a new government services office in downtown Norfolk, Va. to help the company better serve government agencies such as the Military Sealift Command (MSC) and the U.

Interview: Mike Petters - President & CEO, HII

Last month Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE:HII), was honored by the Coast Guard Foundation at the 35th Annual Salute to the United States Coast Guard,

Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.0667 sec (15 req/sec)