Johnson President, CEO J. Ray McDermott
J. Ray McDermott, S.A. (J. Ray) announced the appointment of Stephen M. Johnson as President and Chief Executive Officer of J. Ray, effective January 1, 2010. Johnson is the current President and Chief Operating Officer of McDermott International, Inc. (McDermott), J. Ray’s parent company. He succeeds Robert A. Deason, who, as previously announced, will retire at the end of the year. Separately, McDermott announced that it plans to separate its operating subsidiaries, The Babcock & Wilcox Company (B&W) and J. Ray, into two independent, publicly traded companies.
VT Halter Wins $16.3M Contract
VT Halter Marine Inc., signed a $16.3m contract to build a catamaran lift barge for Washington Group International (WGI) and WGI’s joint venture partner, Alberici Group. The vessel will be fitted with special lift equipment that will be used to transport and place precast concrete segments in the U.S. Army Corps of Engineers’ Olmsted Dam construction project. VT Halter Marine will build two 200 x 90 x 15-ft. units that will be assembled to form the catamaran lift barge. The vessel’s configuration will allow it to effectively assist in the Olmsted Dam construction efforts, which will take place near Olmsted, Illinois on the Ohio River. 2H 2006. The catamaran lift barge will be in service for approximately six years on this project. regard to structural hull design.
Northrop Grumman to Compete for USCG NAIS
Northrop Grumman Corporation (NYSE:NOC) announced at the U.S. Coast Guard Innovation Expo in New Orleans its intent to lead a team that will compete to design, integrate, install and test the Coast Guard's Nationwide Automatic Identification System (NAIS). NAIS will be a two-way maritime digital communication system, which will continually transmit and receive voiceless exchange of vessel data, including vessel identity, position, speed, course, destination and other data of critical interest for navigation safety, marine mobility and maritime security. The program will focus on improving maritime security, marine and navigational safety, search and rescue, and environmental protection services.
