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BOCONCO SHIPBUILDING

Graham Oil Services Expands Boat Fleet

Boconco Shipbuilding's offices on Bayou LaBatre's Shell Belt Road are surrounded by prefabricated steel components for several utility boats building at the yard. A series of 126 by 30 by 12-foot boats are being built for delivery to Barry Graham Oil Services also of Bayou LaBatre. Alabama. The sister-ship was delivered two years ago with the others to be delivered at regular intervals over the coming year. The first of this set of boats launched on the high water Thursday evening January 23 and will be named the Capt. Levert in honour of Barry Graham's 87-year old maternal grandfather. Capt. Levert Seaman had a 100-ton license and has worked most types of boats along the Gulf Coast, "He use to run a boat freighting watermellon up to New Orleans," says Barry Graham, "And he has fished ever bit of ground between the Mississippi River and Pensacola with those cotton trammel nets. I only went out with him once, in about 1977 when I was a teenager and he was running a party fishing boat." Barry's dad and two uncles developed the precursor of the present style of boat that he is building. "They started servicing oil rigs in 1957 were building their own boats by 1971. They started this style of boat in 1973 and built 149 of them starting with 90-footers and going right up to the largest at 126 feet. We think that it is a good hull and it is a very good sea boat," says Graham.


OSV's Join Shrimp Trawlers in Bayou La Batre

By Larry Pearson The picturesque town of Bayou La Batre, Ala. has long been known for its production of shrimp trawlers. Normally, about 150 of these 90-105 ft. vessels come out of 8-10 yards set up specifically to produce these boats. Increasingly, however, large deepwater offshore service vessels are taking their place along side of the trawlers as the Bayou La Batre boat builders join with their Louisiana cousins in producing vessels for the oil patch


First Phase Completed at Changxing Shipbuilding Base

The first phase of the Jiangnan Changxing Shipbuilding Base has been finished and is already in operation on Changxing Island, Shanghai. Built by the China State Shipbuilding Corporation (CSSC), it has three production lines and four boatyards capable of holding 300,000-ton ships. Almost unparalleled in the world, it is the biggest shipbuilding project ever to be undertaken in China. Shanghai has the potential to be the world's largest shipbuilding base.


FEATURE: A Family Tradition

The one constant about the management of offshore vessel operating companies is the domination of family members of the founder. Except for the largest of these companies, Tidewater, Inc., that is a public NYSE-listed firm, most of the companies in this category, large and small, are run by the descendents of the founder. Many of these companies still bear the founder's name and most of the vessels are named after family members. by Larry Pearson The CALLAIS Family


OPK, Hyundai Shipbuilding Agreement

On July 14, 2009, Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI) signed a cooperation agreement in the field of shipbuilding. The main purpose of this agreement is to establish a cooperation which will include the mutual developing of shipbuilding projects, equipments and the designing of vessels


Halifax Shipyard to Bid on Two Contracts

Irving Shipbuilding Inc. plans to submit bids for two massive federal shipbuilding contracts, an ambitious move that could land the company $35b in shipbuilding work, enough to span three decades. Last October, Irving Shipbuilding was one of five Canadian shipyards shortlisted for two major federal shipbuilding contracts, part of Ottawa's National Shipbuilding Procurement Strategy.     (Source: The Telegraph-Journal)


South Korean Shipbuilders' Order Book Shrinks

South Korean shipbuilding orders drop 58.6 percent through September 2012. South Korean shipbuilding orders dropped 58.6 percent for the first nine months of this year due to the persistent recession in the global shipbuilding industry, a government report reveals. The drop was attributed to the recession in the global shipbuilding industry. Global shipbuilding orders declined 48 percent to 14.34 CGT over the cited period due to an oversupply of ships and the prolonged global eaconomic


Newport News Shipbuilding Bags US Navy Submarine Contract

Image: Huntington Ingalls Industries

 The U.S. Navy has given Newport News Shipbuilding a $106 million contract to provide engineering and industrial support for submarines.    Huntington Ingalls Industries, parent company of Newport News Shipbuilding, said the contract will be worth a total of $564 million, as the special mission submersibles, submarine support facilities and related programs are also covered by the contract.   Newport News Shipbuilding is one of only two U.S


Kawasaki May Quit Shipbuilding

Photo: Kawasaki Heavy Industries

Japan's Kawasaki Heavy Industries said it would consider a drastic revision of its shipbuilding, and has even indicated that it may pull out of its shipbuilding business due to its worsening profitability, reports Reuters. Kawasaki Shipbuilding revised its profit outlook lower for the business year ending next March, citing a stronger yen against the dollar and a decline in operating profitability from the shipbuilding business.


ARCOS Brings Technology Approach to Shipbuilding

ARCOS Innovations Inc. is a new joint venture founded by members of SSI leadership and a senior SSI reseller with expertise in the implementation and development of enterprise systems for shipbuilding and offshore.   The mission of ARCOS is to help customers solve key business challenges faced in shipbuilding through a combination of shipbuilding and technology expertise. Through partnerships with ARAS Corp. and SSI


Scorpio Sells Two Kasamax Bulkers

Scorpio Bulkers Inc. said it has reached agreements with unaffiliated third parties to sell two Kamsarmax bulk carriers approximately $45 million combined. The two vessels, SBI Charleston and SBI Cakewalk, were both built in 2014 at Shanghai Waigaoqiao Shipbuilding Co., Ltd. in China


US Shipyards: Building for America, Jobs for Americans

In August 2015 General Dynamics NASSCO launched Perla del Caribe, the second ship in a series of natural gas powered containerships for TOTE (Photo: General Dynamics NASSCO)

The shipbuilding and ship repairing industry has always been a core strength of our nation. It has enabled the United States to protect and project its prosperity, power and influence internationally. A book in my office signed by shipbuilder William Webb illustrates the point. Mr


DSME Deal Non-starter

File Photo: Daewoo Shipbuilding and Marine Engineering

 The creditors of Daewoo Shipbuilding & Marine Engineering (DSME) still remain undecided over afor the shipyard's latest deal, further complicating troubles for one of the country's major shipyards, Yonhap reported.   DSME  clinched a US$250 million deal to build three very


Viking Line Inks Shipbuilding Deal with Xiamen

Image: Viking Line

Finland based Viking Line said it has signed a conditional contract with Chinese shipyard Xiamen Shipbuilding Industry Co. for the construction of a new passenger cruise ship for delivery in 2020.   A final agreement is subject to the approval of the board of directors of both parties


Odfjell Signs to Build Chem Carriers

Odfjell finalized the shipbuilding contracts with Hudong-Zhonghua Shipbuilding (Group) CO., Ltd in China to build a pair of chemical tankers. The two vessels will be 38,000 dwt, both with 40 tanks and a cargo capacity of about 45,000 cbm. Both vessels will be prepared for dual fuel solution


Product Lifecycle Management for Shipbuilding

(Photo: Siemens)

Tomorrow’s high tech fleets will depend on shipyards – long after the christening is over. Siemens PLM software makes that dream possible – today.    According to global powerhouse Siemens, a major transformation is underway in the marine sector


TMC Compressors for FRSU Newbuild

International compressor supplier TMC Compressors (TMC) said it has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DMSE) to supply a marine compressed air system to a newbuild floating storage and regasification unit (FRSU).   


Horizon Shipbuilding Grows through Diversification

Photo: Horizon Shipbuilding

Alabama's Horizon Shipbuilding is bustling with activity. New York Fast Ferries are being quickly delivered, large AST tugs are being built and launched, and vessels of all sizes are cycling through weekly for refurbishment and refit.  


Hybrid Electric Drives for USCG OPC Newbuilds

Leonardo DRS, Inc. has been awarded a contract by Eastern Shipbuilding to provide hybrid electric drive systems for the U.S. Coast Guard’s new fleet of Offshore Patrol Cutters. The contract, for the first nine systems, is worth $10.7 million


USS Gerald R. Ford Completes Sea Trials

USS Gerald R. Ford. Photo by United States Navy

 The future USS Gerald R. Ford (CVN 78) returned from Builder's Sea Trials to Naval Station Norfolk, Virginia on April 14 after seven days at sea.  During this initial at-sea period, Ford's crew, representatives from Huntington Ingalls Industries-Newport News Shipbuilding


China Hands Over Third Patrol Ship to Pakistan

Pic: Mercantile Marine Department,  Ministry of Ports and Shipping

 China has handed a 600-ton patrol ship over to Pakistan’s maritime safety authority in Guangzhou, Guangdong province, PTI reported.   The new ship, just the third of its kind, was built by China Shipbuilding Trading Company Ltd


DSME's Bailout Plan Cleared by Pension Fund

Photo: DSME

 South Korea’s National Pension Service (NPS) agreed to a restructuring of bonds issued by Daewoo Shipbuilding & Marine Engineering (DSME).    Reuters reported that this move is expected to help the world’s largest shipbuilder tide over a financial crisis


Daewoo Shipbuilding Bondholders Okay Bailout Plan

File Image (CREDIT: AdobeStock / (c) Carabay)

Debt-to-equity swap plan is condition of $2.6 bln bailout.   South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval for a debt-to-equity swap plan in the first three of five bondholder meetings


Plunge in Newbuild Orders for China

Photo: Fujian Southeast Shipyard

 The newbuilding orders for China’s shipbuilding yards plunged by  25.4% during the first three months of 2017 compared to the same period a year earlier, according to data provided by the China Association of the National Shipbuilding Industry (Cansi).  


Daewoo Shipbuilding unlocks $2.6 bln Bailout

File Image (CREDIT: AdobeStock / (c) Carabay)

Bondholders at final meetings agree to debt-to-equity swap; shipbuilder needs about $400 mln in operating funds by April-end.   South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders to swap their debt for equity






 
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