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NEWPORT OFFSHORE

Newport News Shipbuilding Notified of Department of Defense Recommendation

Newport News Shipbuilding was notified by the Department of Defense (DOD) of its decision to recommend to the Department of Justice (DOJ) approval of the Northrop Grumman offer to acquire Newport News Shipbuilding and its decision to recommend not approving the merger agreement between Newport News Shipbuilding and General Dynamics. Newport News Shipbuilding was also notified that the DOJ has commenced legal proceedings to prevent the proposed merger between NNS and GD. Newport News Shipbuilding began discussions with Northrop Grumman three weeks ago to determine whether a mutually acceptable transaction between the two companies can be negotiated. Any agreement reached between Newport News Shipbuilding and Northrop Grumman would require the approval of the Newport News Shipbuilding Board of Directors.


Newport International Boat Show Annouces NFNP Winners

Newport International Boat Show Annouces NFNP Winners

  Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today the results of this year’s Newport For New ProductsTM (NFNP) Awards. Judged on Thursday during the opening day of the Newport International Boat Show and announced at an awards ceremony on Friday, the tenth-annual NFNP winners are: Best New Navigation Product - Dockwa Marine Reservation App Best New Boating Operation


Northrop Grumman Newport News Wins $6M Contract

Northrop Grumman Newport News, Newport News, Va., is being awarded a $6m cost-plus-fixed-fee modification under previously awarded contract to exercise an option for FY 08 advance Extended Drydocking Selected Restricted Availability (EDSRA) planning for USS Enterprise (CVN 65). Work will be performed in Newport News, Va., and is expected to be completed by February 2008. Contract funds will expire at the end of the current fiscal year


Project Seeks to Increase Energy Efficiency in Offshore Shipping

A project has been established to identify energy efficiency and fuel saving initiatives for the offshore shipping industry.  The partnership involves a collaboration of seven Norwegian offshore shipping companies. The Joint Industry Project is called Energy Efficient Offshore Partners, and consists of: BOA Offshore, Eidesvik Offshore, Farstad Shipping, Gulf Offshore Norge, Havila Shipping, Siem Offshore and Solstad Offshore


Dear Bill ...

Following is the full text of the letter submitted to William P. Fricks, Chairman and CEO of Newport News Shipbuilding, from Kent Kresa Chairman, President and CEO, Northrop Grumman Corporation, regarding the proposed takeover of Newport News Shipbuilding. Mr. William P. Fricks Chairman and Chief Executive Officer Newport News Shipbuilding Inc. 4101 Washington Avenue Newport News, VA23607-2770 Dear Bill,


Northrop Grumman Appoints Reith as Controller for NN Sector

Northrop Grumman Corporation’s Newport News sector has appointed David Reith to the position of controller. In this role, Reith has responsibility for internal systems and process controls for Newport News' accounting and operations finance functions. Reith will report to Linda Leukhardt, vice president of Business Management and chief financial officer for the Newport News sector. "Dave's considerable business and financial management experience will be a significant asset to the Newport


Northrop Grumman Extends NNS Tender Offer

U.S. defense contractor Northrop Grumman Corp. on Thursday said it has extended its tender offer for the outstanding shares of Newport News Shipbuilding, after the Justice Department requested additional information about the takeover. Los Angeles-based Northrop said it extended its tender offer for Newport News, to July 5 at midnight EDT from the previous June 20 deadline. About 861,000 shares of Newport News common stock had been tendered as of midnight June 20, Northrop said.


Northrop Grumman Awarded Contract for Sub Work

Northrop Grumman Corporation announced that it received a contract award for dry docking work on the nuclear-powered submarine USS Minneapolis-St. Paul (SSN 708). The work will be performed at the Newport News sector in Newport News, Va. The contract, valued at approximately $23 million, will include replacement of the tail shaft, removal and overhaul of the main and auxiliary sea valves, inspection and repair of all external and


Newport Shipyard Buys Custom Marine Travelift

Marine Travelift Inc. announced that Newport Shipyard has purchased a customized 200CII mobile boat hoist for its Newport, R.I. facility. When it’s delivered this fall, the machine will join the 70-, 100- and 500-ton Marine Travelift hoists currently in operation.   The new 200CII boasts the first top-beam extension on a Marine Travelift 200-ton hoist and has been designed to use piers that were dedicated to a 100-ton machine and to travel into an indoor workspace.  


NNS Squabble Seen Settled In Washington

With General Dynamics Corp. and Northrop Grumman Corp. battling for Newport News Shipbuilding Inc. both the Pentagon and Virginia's powerful delegation in Congress are ready to step into the fray over who buys the nuclear-capable contractor. Defense Department officials are likely to weigh the cost benefits of each deal, questioning which combination would lower the price of nuclear-powered vessels for the U.S. Navy.


Songa Offshore Wins in DSME Arbitrations

Songa Equinox. Photo: Songa Offshore

 Songa Offshore had submitted its defence to the claims asserted by Daewoo Shipbuilding & Marine Engineering (DSME) in arbitrations related to the Songa Equinox, the first Cat D rig, and the Songa Endurance, the second Cat D rig, in which DSME asserted aggregate claims of USD 329 million


Standard Club Establishes New Offshore Advisory Committee

Logo: The Standard Club

 The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best-practice and develop new strategies to


Seacroft Hires Pearce as Engineering & DP Manager

Richard Pearce (Photo: Seacroft Marine Consultants)

Aberdeen-based Seacroft Marine Consultants said it has appointed Richard Pearce as Marine Engineering and Dynamic Positioning (DP) Manager, as the firm looks to develop more specialized offshore marine projects.   Pearce brings to the role 16 years’ experience in engineering and


Lundin Extends Contract for Ocean Rig

Image: Ocean Rig

 Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson.    In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells


Labor Agreement Reached at Newport News Shipbuilding

(Photo: Chris Oxley / HII)

Huntington Ingalls Industries (HII) said United Steelworkers Local 8888 members at its Newport News Shipbuilding division have voted 1,985-131 in favor of a new labor agreement. The new contract will run through November 14, 2021. “This offer is fair


Marsol Signs Two-Year OOCEP Contract

Photo: Marsol International

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has signed a two years contract with Oman Oil Company Exploration & Production LLC (OOCEP) for the provision and management of the marine and offshore


BOURBON to Support World's First Autonomous OSV Project

Following further developments in its design, Hrönn will now be a monohulled vessel of 37 m length, better suited for the intended operations. (Image: Bourbon/Automated Ships Ltd.)

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in collaboration with the project’s primary technology partner, KONGSBERG. 


Aqualis Lands Audit Work for LNG Carrier

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, said it has been contracted by Hyundai Samho Heavy Industries Co. Ltd to provide an engineering study of a new-build liquefied natural gas (LNG) carrier the yard is constructing for Teekay LNG.  


HII Wins USS Columbus Submarine Repair Work

HII’s Newport News Shipbuilding division has been awarded a $219 million modification to a previously awarded contract to execute maintenance and modernization efforts on the submarine USS Columbus (SSN 762), shown here in Yokosuka, Japan. (U.S. Navy photo)

 Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding division has been awarded a $219 million modification to a previously awarded contract to execute maintenance and modernization efforts on the submarine USS Columbus (SSN 762).  


Leadership Changes at Newport News Shipbuilding

Lucas Hicks (Photo: HII)

Huntington Ingalls Industries (HII) announced several leadership changes at the company’s Newport News Shipbuilding division. Lucas Hicks has been promoted to vice president of construction for the aircraft carrier John F. Kennedy (CVN 79)


Global Maritime Appoints Indonesia Country Manager

Oliver Stettner (Photo: Global Maritime)

Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Oliver Stettner as Country Manager for Indonesia. Stettner will be tasked with growing Global Maritime’s Indonesian business as well as spearheading the


GeoSea Bags Offshore Wind Installation Work from EnBW

 DEME Group’s offshore marine engineering subsidiary GeoSea said that, following successful completion of the design, it also received the Notice to Proceed for fabrication and offshore installation of 16 wind turbine foundations and 1 Offshore Transformer Module (OTM) for the EnBW


Aircraft Carrier John F. Kennedy Half Complete

John F. Kennedy’s lower stern was lifted into place at the company’s Newport News Shipbuilding division, where the second Gerald R. Ford-class aircraft carrier is now 50 percent structurally complete. (Photo: John Whalen/HII)

U.S. shipbuilder Huntington Ingalls Industries (HII) said the structure of nuclear-powered aircraft carrier John F. Kennedy (CVN 79) is now 50 percent complete.   The second Gerald R. Ford-class aircraft carrier CVN 79 grew about 70 feet in length with the addition of the lower stern


Moose Boats Bags Rhode Island Fireboat Order

Image: Moose Boats

Newport, R.I. fire department orders emergency response vessel from California boat builder Moose Boats.   Moose Boats, a boat designer and manufacturer in the San Francisco Bay Area, said it was awarded a contract from Newport Fire Department in Rhode Island for the construction of a M2-38


Virginia-Class Submarine Indiana Launched

The Virginia-class submarine Indiana (SSN 789) has been launched into the James River and moved to Newport News Shipbuilding’s submarine pier for final outfitting, testing and crew certification. (Photo: Ashley Major/HII)

The Virginia-class submarine Indiana (SSN 789) was launched into the James River at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division, the shipbuilder announced. The boat was moved to the shipyard’s submarine pier for final outfitting






 
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