Navy Awards Southwest Marine $100 Million Contract

Wednesday, June 14, 2000
The U.S. Navy granted a contract worth more than $100 million to Southwest Marine (SWM). The five-year, phased-maintenance contract is the follow-on to ships the company has been repairing since 1985, including USS Denver, USS MT. Vernon and USS Anchorage. SWM initially won the first LPD/LSD contract in 1985, followed by a second contract in 1990 and a third in 1995.

This current contract, which is the company's fourth consecutive, has a total of 16 availabilities. The first scheduled nine-week availability included the drydocking of USS Denver this September.

President Clinton is expected to sign the FY 01 $8.6 billion military construction bill by mid-July, which will allow for emergency supplemental funding for ship depot maintenance for FY 00.

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

Contracts

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

Wartsila Sees Low Oil Price Impacting Shipping

CEO cautious on 2015 outlook. Finnish ship engine and power plant maker Wartsila reported a smaller-than-expected quarterly profit and warned lower crude prices

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion 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: 0.1305 sec (8 req/sec)