$23m Contracts Awarded to Great Lakes Shipyard

press release
Wednesday, September 21, 2011

Caribbean Tugz, LLC, an affiliate of SEACOR Holdings, Inc., Fort Lauderdale, Florida has awarded Great Lakes Shipyard, Cleveland, Ohio vessel construction contracts to simultaneously build two new state-of-the-art 50-ton bollard pull ASD tugboats to be used for ship docking and escort operations at the Hovensa Oil Refinery in St. Croix, U.S. Virgin Islands.

 

The contracts’ total price of the new tugs is $23 million. Design and construction are to start immediately, and the tugs are scheduled for completion in early 2013. Designed by Jensen Maritime Consultant, Inc., Seattle, Washington, the new tugs will be built to the highest standards of the American Bureau of Shipping, the U.S. vessel classification society. The 92-foot, 4640HP tugs are purpose-built for ship assist, escort, and firefighting services. Because of the intended area of operation, the tugs will be uniquely constructed to meet the wide range of operational parameters typical in the Caribbean and the Gulf of Mexico.


SEACOR Holdings, Inc. is a multinational company that provides a variety of marine and aviation services, primarily in the oil and gas industry. Caribbean Tugz, LLC, a new affiliate of SEACOR Holdings, is the Buyer of the new tugs and will charter them to Hovensa under a long-term bareboat charter contract. HOVENSA, the eighth largest oil refinery in the world with a capacity of over 500,000 barrels per day, is a joint venture between subsidiaries of Hess Oil Corporation and Petroleos de Venezuela, S.A. Great Lakes Shipyard, a division of The Great Lakes Towing Company, operates a fullservice shipyard specializing in new construction, repairs, and modifications of all types of workboats and barges. A major $24.5 million Shipyard expansion project at its Cleveland location is now well-underway and includes a new state-of-the-art 770-ton Marine Travelift; the largest on the Great Lakes, second largest in the Western Hemisphere, and the third largest in the World. The yard facilities also include a 300-ton floating drydock. Great Lakes Shipyard is also the Rolls-Royce Great Lakes Regional Service Center. Recent deliveries include the construction of two (2) 70-foot aluminum research vessels for U.S. Geological Survey’s Great Lakes Science Center, Ann Arbor, MI.


In addition to the Shipyard, The Great Lakes Towing Company operates the largest fleet of tugs on the Great Lakes serving 40 ports and has been in continuous business since 1899. To learn more about the company and its shipyard, visit www.thegreatlakesgroup.com.

Maritime Today


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

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Team Britannia, GAC Inks Partnership Deal

As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner.

Libya's PFG to Lift Terminal Blockades

Petroleum Facilities Guard has blocked terminals for months. Ras Lanuf, Es Sider terminals damaged by fighting. Libya's Petroleum Facilities Guard (PFG) will

Shipbuilding

LNG: Did the Greeks Get it Wrong?

In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the

Ithaca’s FPF-1 platform to be moved to Stella field

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.

Live Fish Carrier Launched at Gondan

At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel,

Ship Sales

Global Fleet Growth: A More Mature Trend?

The supply of ships into the fleet is a key determinant of vessel earnings across the shipping sectors, and world fleet growth is closely followed by everyone in the maritime industry,

South Korean Yards Face Shrinking Orderbook

The global orderbook has continued to decline in the year to date, indicating that there are diminishing levels of activity at many of the world’s shipyards, says Clarksons Research.

Slippery Orders in Ship Building

The situation of the shipyards in the world and in particular the struggles of the Korean shipbuilding industry has received a fair amount of attention in the shipping press,

Finance

Canada Seek to contain Oil Spill

Authorities are building a new containment boom to fight an oil spill in a major western Canadian river, officials said on Saturday, after the spill breached a

Ecuador Pays $112 mln Award to Chevron

Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.

NASSCO Bags USS Oak Hill Modification Award

General Dynamics NASSCO-Norfolk was awarded a $42 million cost-plus-award-fee modification to a previously awarded contract for the repair and alteration for the USS Oak Hill (LSD-51).

Great Lakes

Great Lakes Dredging Awards Announced

Great Lakes Dredge & Dock Corporation announced that it was recently awarded four contracts with an approximate value of $93 million. Great Lakes received two

Great Lakes Ports Support Ballast Reforms

Directors of major commercial ports in the Great Lakes region called on Congress to end years of regulatory chaos surrounding ballast water management.    In a joint letter issued late yesterday,

U.S. Ports See Slower Beginning to Shipping Season

While U.S. ports have been busy, overall the beginning of the shipping season has been slower than anticipated.   “Although the overall cargo numbers remain down

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics 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: 0.1029 sec (10 req/sec)