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Bender Shipbuilding Repair Co News

05 Nov 2009

Bender Secures Loan, Sells Assets

According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets. (Source: www.al.com)

01 Jul 2009

Is it the End for Bender Shipbuilding?

Bender Shipbuilding & Repair Co. agreed to seek protection from its creditors, filing a Chapter 11 bankruptcy petition to reorganize. The company announced in a prepared statement that it intended to cut its workforce to about 300 to keep operations, including a ship repair job, running. “I regret very much the impact this decision has on our employees and vendors, and the community,” said Tom Bender, President and CEO, pledging to “devote every waking minute” to getting the company through the process and back to business as usual as quickly as possible. Monday, according to a blog on AL.com (http://blog.al.com) a U.S. U.S. Bankruptcy Judge reportedly ruled that Seacor Marine was due to collect a $5 million guarantee from Bender…

25 Sep 2003

ARL to Develop Investment as 3D Product Model Design Software

Albacore Research Ltd (ARL) has announced that its ShipConstructor software has been named design software-of-choice under the Second-Tier Shipyard Design Enhancement Program, which was recently granted funding under the National Shipbuilding Research Program (NSRP) Advanced Shipbuilding Enterprise initiative. The NSRP Advanced Shipbuilding Enterprise is a collaborative program aimed at boosting productivity among U.S. first- and second-tier shipbuilding and repair yards. Recent project awards included $1.25 million for the development of standard shared CAD software for commonality of designs of critical components such as HVAC and piping systems and creation of a common parts catalogue.

27 Apr 2004

Atlantic Marine Executive To Head SCA

Herschel T. Vinyard, Jr., Vice President of Atlantic Marine Holding Company, was elected Chairman of the Shipbuilders Council of America (SCA). Mr. Shipbuilding & Repair Co., Inc. Cherrie Felder, Channel Shipyards, New Orleans was elected Vice Chairwoman. SCA is the largest and most broadly-based national trade association representing the U.S. shipyard industry. SCA members build, repair and service America's fleet of commercial and small and mid-sized government vessels. The Council represents 52 companies that own and operate over 120 shipyards in 23 states, with facilities on all three U.S. coasts, the Great Lakes and the inland waterways system. SCA also represents 28 affiliate members that provide goods and services to the shipyard industry.

07 Jun 2004

Bender Shipbuilding & Repair Co.,Opens Astilleros Bender

Bender Shipbuilding & Repair Co., Inc. of Mobile, Ala.has announced the opening of Astilleros Bender S. De R.L. De C.V. in Tampico, Mexico. Astilleros Bender is a wholly-owned subsidiary of Bender. The shipyard is located on the south side of the Panuco River 10 km upstream from the Gulf o Mexico and across the city of Tampico. The yard consists of 125 acres of land and 3000 ft. of river frontage accessed by 28 ft. deep maintained channel. Astilleros Bender currently is concentrating on ship repair and has in operation a 3000 ton lift capacity dry dco and some 1,500 feet of river side repair facility open for business.

15 Jul 2004

Rigdon Christens M/V Bourbon

Larry Rigdon, President and CEO of Rigdon Marine, said that the second vessel in its 10 vessel contract has been delivered by Bender Shipbuilding & Repair Co., Inc. of Mobile, Alabama. The M/V Bourbon was issued a United States Coast Guard Certificate of Documentation (COD) for coastwise trade in the United States and is fully classed by the American Bureau of Shipping for international operations. The M/V Bourbon was immediately deployed to a major oil company for work in the Gulf of Mexico after its christening by Mrs. Maxine Rigdon, mother of Larry Rigdon.

06 Aug 2004

Vessels: Rigdon Christens M/V Bourbon

Larry Rigdon, President and CEO of Rigdon Marine, said that the second vessel in its 10 vessel contract has been delivered by Bender Shipbuilding & Repair Co., Inc. of Mobile, Alabama. The M/V Bourbon was issued a United States Coast Guard Certificate of Documentation (COD) for coastwise trade in the United States and is fully classed by the American Bureau of Shipping for international operations. The M/V Bourbon was immediately deployed to a major oil company for work in the Gulf of Mexico after its christening by Mrs. Maxine Rigdon, mother of Larry Rigdon. The M/V Bourbon like its sister vessel, the M/V Orleans, is a 210 x 54 x 19-ft.

25 Jan 2002

Bender Gets Contract on USS Ticonderoga

Senator Jeff Sessions announced that Bender Shipbuilding & Repair Co., Inc. has been awarded a contract for the drydocking of the USS Ticonderoga, the Navy’s first Aegis Cruiser, presently homeported in Pascagoula, Miss. The vessel’s overhaul is being managed by the Supervisor of Shipbuilding, Conversion in Pascagoula, Miss. for the Department of the Navy. The repairs are scheduled to being in February 2002. The work package includes rudder, shafting, valve, structural and electrical repairs as well as major preservation items that presently total approximately $8 million; employing approximately 125 shipyard workers at the peak of the 120-day contract. Bender has the option pricing in place for additional work that could bring the total package to almost $16 million.

09 May 2002

Focus on Safety Pays Off for SCA Member Shipyards

Injury and illness rates at shipyards that belong to the Shipbuilders Council of America (SCA) have declined over the past three years helping facilities to drastically their overhead costs. The average Total Recordable Incident Rates (TRIR) for SCA member facilities declined from 12.94 percent in 1998 to 11.76 percent in 2001, while the average TRIR for the industry as a whole (SIC 3731) as reported by the Bureau of Labor Statistics (BLS) was 20.2 percent in 1999 and 22 percent in 2000. SCA’s data is based on the quarterly injury and illness surveys calculated by the Council. SCA has an active safety committee that reviews the results of each quarterly survey and holds bi-annual safety seminars to address the areas where most injuries occur.

16 Nov 2000

Navy Cruiser Arrives At Bender For Repair Work

Bender Shipbuilding & Repair Co. signed a contract for the drydocking and repair of USS Yorktown. The Ticonderoga Class Guided Missile Cruiser, which was built at Ingalls in 1982 has a workscope of standard drydocking items and shaft repairs. The vessel arrived at Bender on November 12, where it will remain until December 1.

22 Dec 2000

Great Boats of 2000

Every year, MarineNews chooses a handful of vessels delivered in the past 12 months and bestows upon them the distinction of “Great Boats.” The boats are chosen for innovations in design, construction and utilization. Following are the 17 vessels or groups of vessels chosen as the Great Boats of 2000. Crowley Marine Services delivered Alert, Attentive, and Aware, a series of three 140-ft., 10,000-hp Prevention and Response Tugs (PRTs), to Alyeska Pipeline Service Company in Valdez, Alaska. Specifically designed and developed for Alyeska, the boats will be used by Crowley in the Trans Alaska Pipeline System trade. Alert was deployed in February; Attentive was delivered in June, and Aware was delivered in July.

15 Jul 2002

Bender Shipbuilding Secures Contract

Bender Shipbuilding & Repair Co. Inc., Mobile, Ala., is being awarded an $8,075,500 firm-fixed-price contract for the dry docking selected restricted availability of USS Stephen W. Groves (FFG 29). Work will be performed in Mobile and is to be completed by November 2002. Contract funds in the amount of $7,962,443 will expire at the end of the current fiscal year. This contract was competitively procured and advertised in the Commerce Business Daily, with three proposals solicited and two offers received. The Supervisor of Shipbuilding, Conversion and Repair, Pascagoula, Miss., is the contracting activity.

16 Jul 2002

Bender Shipbuilding Awarded Contract on Navy Frigate

Congressman Sonny Callahan announced that Bender Shipbuilding & Repair Co., Inc. recently signed a contract for the drydocking and repair of the USS Stephan W. Groves (FFG 29). The Groves is an Oliver Hazard Perry Class Guided Missile Frigate homeported in Pacagoula, Miss. The vessel’s overhaul is being managed by the Supervisor of Shipbuilding, Conversion and Repair in Pascagoula for the Department of the Navy. The Groves will arrive at Bender on July 31 for a drydocking scheduled in early August and completion in mid-November. The work package includes drydocking, hull, machinery, electrical, electronics and piping repairs with a contract value of $8 million plus optional items which could result in an additional $1.5 million. The job will require 125 workers.

27 Oct 2004

Rigdon Christens M/V Chartes

Larry Rigdon, President and CEO of Rigdon Marine, said that the fourth vessel in its ten vessel contract has been delivered by Bender Shipbuilding & Repair Co., Inc. of Mobile, Alabama. The M/V Chartes was issued a United States Coast Guard Certificate of Documentation (COD) for coastwise trade in the United States and is fully classed by the American Bureau of Shipping (ABS) for international operations. Ms. Mary Rivers, Executive Assistant to Mr. Larry Rigdon since 1995, christened the M/V Chartes at Bender. “I am honored that Mr. Rigdon selected me to christen the ‘Chartres’ and introduce this new vessel into the most technologically advanced fleet now operating in the Gulf of Mexico,” Ms. Rivers said upon breaking the traditional champagne bottle against the ship’s hull.

07 Dec 2004

Bender to Repair Pemex Semi-Sub

Bender Shipbuilding & Repair Co., Inc., signed a contract with Pemex, the national oil company of Mexico, for the repair, refurbishment and dry docking of Pemex’s semi-submersible accommodation/maintenance vessel, the PSS Chemul. The 13,000 ton Chemul was recently drydocked in Mobile on the Mobile Heavy Lifter, a submersible heavy lift barge chartered in by Bender for the docking of the semi. Chemul was then towed to the work site at Bender's Yard 9, located on the east side of the Mobile River. "This contract represents Bender's entry into this class of repair work on offshore rigs and vessels and we are very appreciative of Pemex's confidence in Bender for awarding us this job,” said Tom Bender, company president.

09 Feb 2005

U.S. Shipyard Design Enhancement Project Gets NSRP Funding

The development of key features in ShipConstructor will be funded by the Second-Tier Shipyard Design Enhancement Project II, which recently received significant funding from the National Shipbuilding Research Program (NSRP) Advanced Shipbuilding Enterprise. The project, headed by Bender Shipbuilding & Repair Co., Inc., includes seven shipyards and four naval architect firms, representing the core of second-tier shipbuilding and ship design in the United States. The overall goal of the project is to provide U.S. second-tier shipyards with a state-of-the-art design system that will enhance their global competitiveness. Albacore Research Ltd. (ARL) will extend ShipConstructor’s capabilities to fully meet the design requirements of the U.S. second-tier shipyard industry.

08 Mar 2007

Tampa Bay Shipbuilding Gets Orders for Barges

Overseas Shipholding Group Inc., the company that bought Maritrans Inc., said it will build three articulated tug barges, each with a construction value of about $90m. The barges will be constructed at Tampa Bay Shipbuilding & Repair Co., while the tug boats will be constructed at Bender Shipbuilding & Repair Co. in Mobile, Ala., according to a release from Overseas Shipholding. Tampa Bay Shipbuilding, which is an affiliate of Bender and located at the Port of Tampa, previously handled projects for Tampa-based Maritrans, which was sold in November for $455 million. A call to Tampa Bay Shipbuilding for additional details was pending. The barges will have a carrying capacity of about 290,000 barrels.

07 Sep 2006

Bender to Build Two for Trico

Trico Marine Services, Inc. has reached an agreement to build two GPA 640, 210-ft. offshore supply vessels for a total cost of approximately $35m. The vessels will have diesel electric propulsion and class 2 dynamic positioning systems. Bender Shipbuilding & Repair Co., Inc. will build the vessels at its shipyard in Mobile, Alabama, with an expected delivery date for the first vessel in March 2008 and the second vessel in July 2008. The agreement guarantees the construction costs of the vessels as well as technical specifications and contains penalties for late delivery. Trico expects to fund construction costs related to each vessel from cash and cash flow from operations. These vessels incorporate an additional deck level for increased accommodation of client personnel.

27 Dec 2005

Navy Awards Contracts

The U.S. Navy has awarded an $116,100 contract to PPG Industries Inc., Huntsville, for windshield assemblies. The contract was awarded by the Naval Inventory Control Point, Philadelphia. Bender Shipbuilding & Repair Co. Inc., Mobile, has been awarded a contract from the U.S. Navy's Naval Sea Systems Command, Washington Navy Yard, D.C., for the missile range instrumentation ship T-AGM(R) concept preliminary design. No contract amount was specified ($0).

09 May 2006

Maritrans Adds to Fleet

According to reports, Maritrans Inc. reported net income for the quarter ended March 31 was $5.8 million, or 48 cents a share, compared with $3.7 million, or 43 cents a share, in the same quarter last year. Revenue for the first quarter of 2006 was $47.4 million, compared to $43.5 million in the year-ago period. Maritrans said utilization of its fleet was lower in the first quarter of 2005 than in the year-ago period. In a release, Jonathan Whitworth, chief executive, said higher than expected refinery maintenance cut the volume of products available to move and lowered results. Net income for the just-ended first quarter included $4 million in insurance proceeds, resulting in a gain of $2.9 million or 15 cents a share, related to the loss of the tugboat Valour, the release said.

03 May 2006

Maritrans Adds to Fleet as Profit Jumps

Maritrans Inc. reported net income for the quarter ended March 31 was $5.8 million, or 48 cents a share, compared with $3.7 million, or 43 cents a share, in the same quarter last year. Revenue for the first quarter of 2006 was $47.4 million, compared to $43.5 million in the year-ago period. Tampa-based Maritrans which primarily provides marine transportation services for petroleum products in the Gulf of Mexico and along the Atlantic seaboard, said utilization of its fleet was lower in the first quarter of 2005 than in the year-ago period. In a release, Jonathan Whitworth, chief executive, said higher than expected refinery maintenance cut the volume of products available to move and lowered results.

18 Nov 2005

Austal Opens New U.S. Shipbuilding Facility

On November 17, Mobile, Alabama-based Austal USA celebrated the grand opening of its new construction facility with a ribbon-cutting ceremony. This event took place just 11 months to the day after breaking ground on the project on January 17, 2005. Several notable VIPs participated in the ceremony, including: State of Alabama Director of Development Neal Wade, Mobile County Commission President Mike Dean, Mobile Mayor Sam Jones, John Rothwell (Austal Ltd. Executive Chairman), Greg Metcalf (CEO, Austal USA), Tom Bender (CEO, Bender Shipbuilding & Repair Co., Inc.) and Henry Seawell (CEO, Thompson Engineering, the company that was contracted for the design and construction of the expansion).

27 Aug 2002

Bender Promotes Pinkham

Bender Shipbuilding & Repair Co. Inc. and Tampa Bay Shipbuilding & Repair Company have promoted Michael Pinkham to Ship Repair Sales Manager for both the Mobile and Tampa yards. The Sales and Marketing Departments of both companies have been combined to more efficiently and economically service customer accounts. Pinkham brings his many years of ship repair sales, production and estimating experience to this position. He will be responsible for coordinating the efforts of Sales currently working for both yards in the domestic market, as well as coordinating opportunities from the international markets.