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

Cruise Ship Trends

Radio Holland Revamps Cruise Ship Bridge

Holland America Line’s cruise ship MS Noordam recently underwent a 10-day dry-dock period, during which it was fit with a customized bridge from Radio Holland. The

Saga Cruises Orders New Ships

Saga Cruises has placed an order for a new cruise ship to be built by Meyer Werft in Germany with the delivery date of Summer 2019.    The deal comes with an

US Coast Guard Medevacs Cruise Ship Passenger

A 68-year-old man who reportedly suffered a seizure was medevaced from a cruise ship 180 miles off of Southwest Pass, La., Sunday, the U.S. Coast Guard said.   Watchstanders


Thyssen Taps Anil Group for Sub Bid

Diversified German conglomerate ThyssenKrupp AG has initiated talks to partner Anil Ambani-led ADAG in building up to 12 submarines in a contract expected to be worth Rs50,000 crore ($7.

Yemeni Govt, Saudi-led Forces Retake Red Sea Strait

Loyalist Yemeni troops and Gulf Arab forces have seized the Mandab Strait connecting the Red Sea and the Gulf of Aden from Houthi fighters, reasserting control over the strategic sea lane,

Japan's Chase for Australian Subs Deal

Japan has confirmed it is ready to build Australia’s submarines entirely at local shipyards, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract, reports Reuters.

Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar
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: 0.1195 sec (8 req/sec)