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Portland Ocean Terminal News

07 Jul 2004

Feature: Cianbro Earns Maritime Stripes

When Cianbro Corporation approached Petrodrill, an international rig-owning company with Brazilian and American shareholders, about completing two partially-built oil rigs in 2002, some thought Cianbro President and CEO Peter Vigue was out of his mind. "What they didn't understand is that Cianbro has a secret:our people," said Vigue. "Our people were ready, willing, and able to take on this challenge. The Maine firm had no experience or track record in oil rig construction when Vigue sought out the Petrodrill project. One of the East Coast's largest construction companies, Cianbro was best known for large civil and heavy industrial projects.

08 Jun 2006

Cianbro to Convert Tankers into Supply Ships

Cianbro Corp. has been awarded a contract to convert two 370-foot sulfur tankers into multipurpose supply vessels for the offshore oil industry. Cianbro said its agreement with Hornbeck Offshore Services of Covington, La., will provide more than 300 jobs on the Portland waterfront and at Bath Iron Works, the primary subcontractor on the project. Cianbro said it is scheduled to receive the first ship later this month, with work on both vessels expected to continue through next year. Terms of the deal are not being divulged. When completed, it is believed that the two U.S.-flagged vessels will be the largest offshore supply ships in the world, according to the Pittsfield-based construction company's announcement, which did not include the dollar value of the contract.