Signal Demands Arbitration on GLDD Design Modifications

MarineLink.com
Tuesday, April 16, 2013
3-D Rendering of ATB Hopper (Photo: Business Wire)

Signal International, Inc., announced that work toward the design of an Articulated Tug/Barge Hopper Dredge for Great Lakes Dredge and Dock (GLDD) has been discontinued.

Signal and GLDD entered into a contract for both the design and build of an AT/B Hopper Dredge in August 2012, with construction originally scheduled to begin in January 2013. According to Signal, the project has undergone numerous delays and construction has not started due to a series of major design changes initiated by GLDD. These ongoing requests for modifications have continued even past the revised construction start date. Signal stated that they have been working with GLDD to firm up the design but the attendant escalating costs and schedule delays were not being addressed by GLDD in an equitable manner.

Signal retained PA Consulting Group, a leading management, IT and technology consulting firm, to conduct a strategic analysis of the program situation and options. PA’s analysis included assessing the impact of GLDD-driven design changes on the program cost and schedule, and options to improve the program. The results of PA’s program modeling and analysis showed significant delay and construction cost impacts from the changes, as well as, a variety of mitigation options that would reduce cost and schedule impacts if there were reprogramming and schedule adjustments. A senior member of PA presented their findings to GLDD and Signal management on March 21, 2013.

Signal CEO, Richard Marler, noted, “Our Company reaches out to customers when we see a red flag on a program with the idea that risks can be reduced if both sides understand the problem and work together to develop mitigating solutions. The primary consideration is providing quality products that help make our customers more successful while respecting the integrity of our company, our employees and community constituents.” GLDD’s response was to terminate Signal and find another shipyard to build the A/TB Dredge with a substantially revised specification. Signal has demanded arbitration under the contract to resolve the dispute.

www.signalint.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

Legal

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.

ASEAN in Discord Ahead of Meeting with top China, U.S. Diplomats

Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against

Cosco: No to Shark Fin

China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins,  says SCMP. It called the move a "body blow" to the international shark's fin trade.

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,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar
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: 0.0984 sec (10 req/sec)