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Fabrication Services News

17 Aug 2023

US Shipyards Investing to Add Serious Lifting Power

(Photo: Marine Travelift)

Shipyards across the U.S. are investing in new equipment to increase lift capacity, opening up the door for more projects and improved efficiency.Southern California-based Marine Group Boat Works, which performs a mix of yacht, commercial and government vessel repair work, in 2022 repowered its 665-ton Marine Travelift mobile boat hoist—the largest on the West Coast—with a Tier 4 John Deere engine. And earlier this year it was awarded a MARAD Small Shipyard Grant worth more than…

12 Apr 2023

BAE Systems Breaks Ground on Jacksonville Repair Yard Upgrades

(Photo: Photo: BAE Systems)

BAE Systems held a groundbreaking ceremony officially kicking off a program to upgrade its ship repair facility in Jacksonville, Fla.As part of the $200 million modernization, the company will add a Pearlson Shiplift and land-level repair complex that will boost flexibility and expand the shipyard’s docking capacity by 300%. Located two miles from the Atlantic Ocean, at the intersection of the St. Johns River and the Atlantic Intracoastal Waterway, BAE Systems Jacksonville Ship Repair provides repair…

06 Feb 2023

Lone Star Buys Shipyards Group Titan from Carlyle, Stellex Capital

(Photo: Vigor Industrial LLC)

Lone Star Funds has reached a del to buy U.S. shipbuilding and repair group Titan Acquisition Holdings from peer investment firms Carlyle and Stellex Capital Management. Financial terms were not disclosed.Titan is comprised of Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Ore.; MHI Holdings LLC, a ship repair, maintenance, and other ship husbandry services company based in Norfolk, Va.; and Continental Maritime of San Diego (CMSD). Key Titan customers include the U.S. Navy, U.S.

13 Jan 2023

New Shiplift Will Expand Capacity & Flexibility at BAE Systems Jacksonville

BAE Systems will install a new modern Pearlson shiplift, said to be the largest of its kind in the Americas. (Image: BAE Systems)

BAE Systems announced it will spend $200 million for upgrades aimed at increasing capacity and flexibility at its Jacksonville, Fla. ship repair yard. The investment covers the preparation, construction, procurement and installation of a modern Pearlson shiplift and land-level ship repair facility, giving the yard the capability to service a greater number of vessels more efficiently.Located two miles from the Atlantic Ocean, at the intersection of the St. Johns River and the Atlantic Intracoastal Waterway…

12 Nov 2021

Solstad Offshore Sells Platform Supplier

Credit: Solstad Offshore

Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of non-core vessels and has now sold the Rem Provider platform supply vessel.The vessel, built in 2007, was sold by Solstad Offshore's subsidiary Solstad Rederi AS and the vessel was delivered to the new owner took on Friday. "The sale of the vessel will result in an immaterial accounting effect for Q4 2021," Solstad Offshore said, without sharing further details on the buyer or on the sale value. VesselsValue values the vessel at $3,25 million, with demolition value at around $1,13 million.

26 Apr 2021

MARAD Awards $20 Million in Shipyard Grants

(Photo: Eastern Shipbuilding)

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday awarded $19.6 million in grants aiming to help 31 shipyards modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace.The grants were awarded to shipbuilding and repair yards in 15 states throughout the U.S. as part of MARAD's Small Shipyard Grant Program. Since 2008, the program has awarded $262.5 million to nearly 300 shipyards in 32 states and territories.

22 Apr 2021

Bollinger Buys Gulf Island’s Shipyard Facilities

The Coast Guard Cutter Benjamin Bottoms is a Fast Response Cutter built by Bollinger Shipyards. (Photo: Patrick Kelley / U.S. Coast Guard)

Lockport, La.-based Bollinger Shipyards has acquired Gulf Island Fabrication’s shipyard facilities in nearby Houma for approximately $28.6 million.The purchased site encompasses 437 acres on the west bank of the Houma Navigation Canal, of which 283 acres is unimproved land that is available for expansion. The facility includes 18,000 square feet of administrative and operations facilities, 160,000 square feet of covered fabrication facilities and 20,000 square feet of warehouse facilities. It also has 6,750 linear feet of water frontage, including 2,350 feet of steel bulkheads.

08 Mar 2021

Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

Credit: vipaladi/AdobeStock

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein, Lewis, whose WER is set to release an intelligence pack that presents a roadmap to the opportunities in the U.S. offshore wind space, says that at least 30 major offshore wind projects are forecast to be developed within this decade.

20 Apr 2020

MARAD Awards Nearly $20 Mln for Small Shipyards

(Photo: VT Halter Marine)

Two dozen small shipyards in the U.S. have received a combined $19.6 million through the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program to help fund upgrades and expansions that often lead to more competitive operations, quality ship construction and improved employee skill.“This $19.6 million federal government investment in the nation’s small shipyards will help maintain the U. S. shipyard infrastructure of our country,” said U.S. Secretary of Transportation Elaine L.

12 Feb 2020

Titan Acquires HII's San Diego Shipyard

(U.S. Navy photo by Adam Ross)

One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed. The transaction, expected to close in the second quarter, is subject to customary closing conditions.The San Diego Shipyard, formerly Continental Maritime of San Diego…

19 Feb 2019

Nakilat, McDermott Form Fabrication JV

Qatar's Nakilat and McDermott are establishing a 60:40 joint-venture (JV) company that provides offshore and onshore fabrication services in Qatar."The strategic partnership aims at increasing productivity levels at Nakilat’s world-class Erhama Bin Jaber Al Jalahma Shipyard and developing local construction capabilities to support the increasing demand for the construction of offshore and onshore structures in Qatar," said the Qatari marine company providing the essential transportation link in the State of Qatar's LNG supply chain.The agreement was signed in the attendance of His Excellency Saad Sherida Al-Kaabi, Minister of State for Energy Affairs…

23 Aug 2018

Ship Repair: N-KOM Repair Volume Up 25%

LNG Vessels at NKOM Shipyard. Photo: NKOM

BWMS, Scrubber Install Outlook is GoodOperating since 2011, Qatar’s Nakilat-Keppel Offshore & Marine Ltd (N-KOM) offers a range of repair, conversion, maintenance and fabrication services to marine, offshore and onshore industry. The shipyard has delivered in excess of 800 marine and offshore projects to date, of which 20% is made up of LNG carrier repairs. In comparison to the first half of 2017, the year 2018 has a marked increase in volume about 25% in terms of repairs and other works.

06 Jul 2018

Port of Beaumont Purchases Former CB&I Property

Photo: Port of Beaumont

On July 3, 2018, the Port of Beaumont formalized the purchase of the former Chicago Bridge & Iron fabrication facility located at 850 Pine Street, Beaumont, Texas for $8.25 million. To facilitate the growth of the property, the Port of Beaumont has entered into a public-private partnership with Allegiant Industrial Island Park, LLC. Initial plans for the property, to be named Port of Beaumont Allegiant Island Park, include rehabilitation of the fabrication facility and paint shop, full rebuild of the docks, and upgrades to all utilities.

18 Mar 2018

McDermott and CB&I Conclude Merger

McDermott International and CB&I announced that the companies have received antitrust clearance in Russia for their proposed combination. With this clearance, McDermott and CB&I have received all the required competition authority approvals for the transaction. As previously announced on December 18, 2017, McDermott and CB&I agreed to combine in an all-stock transaction to create a premier vertically integrated onshore-offshore company with an enterprise value of approximately $6 billion. Under the terms of the proposed combination, upon completion, it is estimated that McDermott stockholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders will own approximately 47 percent.

24 Jul 2017

Engineering Entrepreneur Buys Wren Industrial

(Photo: Wren Industrial & Marine Fabrications)

Merseyside maritime company Wren Industrial & Marine Fabrications has been bought by Merseyside entrepreneur and former member of the Armed Forces Jonathan Willoughby. Bootle-based Wren Industrial has been run for 27 years by husband and wife team David and Helen Wren. It specializes in manufacturing doors, windows and hatches for ships and boats as well as welding and fabrication services primarily in the maritime sector. Wren’s clients include the Royal Navy, the Royal Fleet Auxiliary and ferry operators Stena and the Isle of Man Steam Packet Company.

25 Jul 2016

Romica Manufacturer Secures DNV GL Approval

Bob Turner (Photo: Romica)

U.K. winch maker Romica said it is to “redouble its exports drive” after its Romania-based manufacturing partner successfully acquired accreditation with DNV GL. Yorkshire based Romica is a designer, manufacturer and supplier of lift equipment and winches for use within the marine, renewables, ports and terminals, oil and gas and oceanographic sectors. It provides a 24/7 build, repair and maintenance service worldwide with agents in South Korea, Taiwan, India and Spain. Romica is owned and run by Bob Turner and works in partnership with TIE Services International SRL…

04 Apr 2016

Interview: Frank Foti - President & CEO, Vigor Industrial

For nearly two decades, Frank Foti has led Vigor’s transformation from a single, struggling shipyard to a thriving, increasingly diversified industrial company with 2,500 employees, 12 locations and approximately $700 million in annual revenue. According to Vigor, Foti often describes his motivation in three words: “Industrial Jobs Matter.” Committed to improving long-term, family-wage job opportunities workers and their families and communities, Foti and his management team have, over time, has worked to strategically expand and diversify the company, investing in training facilities and infrastructure along the way. Also according to Vigor…

23 Nov 2015

Monadelphous Bags Shell FLNG Contract

The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major, long-term maintenance and modifications services for the Prelude Floating Liquefied Natural Gas (FLNG) project in Browse Basin, 475km northeast of Broome in Western Australia. Monadelphous will provide maintenance, brownfield modifications and turnaround services to the LNG process plant, support utilities, hull and non-process infrastructure including accommodation and control rooms. The contract also includes the delivery of fabrication services from Darwin in support of offshore operations. The contract is for an initial seven years with a further two, 2 year extension options.

12 Aug 2015

IPS Completes Two Ferry Deals for Stena Line

L TO R Paul Smith and Peter Hillan (Photo: IPS)

Birkenhead based IPS Marine Fabrications is continuing to ramp up growth in the passenger ferry market after completing work on two Stena Line vessels. The firm, run by maritime engineering specialists Paul Smith and Peter Hillan, has delivered a package of insulation and fabrication work for the Stena Ro-Pax Superfast ferries VII and VIII. All repairs were completed on the move while the vessels continued service between Belfast and Cairnryan in Ireland, ensuring no operational downtime.

15 Jul 2015

Great Lakes Towing Company Adds 4 Harbor Tugs

The Great Lakes Towing Company, which operates the largest fleet of shipdocking tugboats on the U.S. Great Lakes-Saint Lawrence Seaway, has announced the addition of four more tugboats to its fleet. The four newly purchased tugs will be named after four of the Great Lakes; Tug Michigan, Tug Huron, Tug Ontario and Tug Erie. The company’s Tug Superior has been in service for years, operating in the Port of Detroit. “These four tugs will be immediately added to the fleet, and provide some new life and operational stability to our day-to-day business,” said Gregg Thauvette, Vice President – Operations, The Great Lakes Towing Company. “The equipment and machinery onboard…

09 Sep 2014

Five Minutes with N-KOM CEO Abu Bakar Mohd Nor

Abu Bakar Mohd Nor

In the Middle East there has been a level of shipbuilding infrastructure investment unmatched, with companies such as N-KOM in Qatar among the leaders. N-KOM CEO Abu Bakar Mohd Nor shares his insights on growth & opportunity in the Middle East. When you look at the expanse of your operations, what do you count as the primary strength of your company? One of the most important strengths N-KOM has apart from its strong parentage is being strategically located in Qatar, the world’s leading exporter of liquefied natural gas (LNG) and at the heart of the Arabian Gulf…

24 Jul 2014

GDI Awards N-KOM US$110-M Contracts

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth US110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M). The first contract is for the construction of a self-propelled and self-elevating liftboat, which is customised for field transit operations in the Middle East and North Africa (MENA) region in water depths of up to 65 meters. When completed at the end of 2015, the liftboat will provide accommodation and platform support services for a customer with operations in Qatar.

29 May 2014

Streamlined Service for the Offshore Sector

In a business where time is money, Signal Ship Repair’s niche ‘high blocking’ repair methods have significantly reduced repair times and increased shipyard efficiencies. If Signal Ship Repair’s (SSR) primary business can generically be described simply as ship repair and conversion, then it can also be said that its practice of ‘high blocking’ to facilitate faster, and more efficient in-house Z drive repairs is its signature service. Utilizing a simple but highly effective shipyard technique, SSR has taken a routine practice originally used to facilitate naval ship drydockings, and turned it into a signature service that helps offshore clients with drop down thrusters, z-drives, pods and keel coolers get repairs done rapidly.