Atlantic Dry Dock Corp News

Atlantic Dry Dock Corp. (Atlantic), in Jacksonville, Florida, on April 16, 2004 successfully completed a 6-week overhaul on the FRANCIS E. ROEHRIG, a 85 x 24 foot (25.9 x 7.3m) tugboat owned and operated by Roehrig Maritime, Port of New York. Comprehensive refit and repairs included changing out the two Caterpillar D-398 engines with new 3512 Caterpillar engines, a new steering system, overhauling or replacement of shafts, propellers and rudders, installation of Fernstrum keelcoolers, and other general life extension repairs.

What About Cuba? Political allegiance notwithstanding, continuing unrest and war in the energy critical Middle East continues to wreak havoc with world oil prices, with consumers around the world struggling to keep up with fast escalating gasoline prices. While (at press time) the benchmark prices for a barrel of crude have settled just under $40, the situation has spurred new exploration and production ventures, one such speculation in the Gulf of Mexico off of Cuba. According to a recent report in The Economist (June 5, 2004 edition, page 48), Spain's Repsol has moved into position a Deep Water drilling rig off of the country's northwest coast with the intention of drilling two wildcat wells in what could amount to a successful attempt to energize a failing economy.

NSRP ASE sponsors a variety of R&D projects that address lean initiatives — some focusing on new construction and others on repair. One notable lean repair project that has demonstrated rapid payback and implementation involves the surface preparation process. Traditionally, about 25 percent of ship repair work has focused on surface preparation processes, and roughly 67 percent of surface preparation work involves non-value-added activities, according to industrial engineering time studies from Atlantic Marine. Through an NSRP-sponsored Ultra-High Pressure Water Blasting (UHPWB) project, Atlantic Marine is achieving substantial process improvements and related savings in time and money.

Palmer Johnson Savannah and Atlantic Dry Dock Corp. have entered into a joint effort via a letter of intent for the establishment of Palmer Johnson @Atlantic (PJA) on the site of the 60-acre Atlantic Shipyard facility near Jacksonville, Fla. The new Palmer Johnson division will specialize in providing service and refit for yachts measuring 197 ft. (60 m) or larger. According to Phil Friedman, president and CEO of Palmer Johnson, the new venture will be able to haul, service and refit basically any yacht in the world. "The combination of Palmer Johnson's highly skilled finish craftsmanship and yacht project management expertise with Atlantic's extensive shipyard experience and facilities will produce a capability second to none in the world," Friedman said.

Palmer Johnson Savannah and Atlantic Dry Dock Corp. have entered into a joint effort via a letter of intent for the establishment of Palmer Johnson @Atlantic (PJA) on the site of the 60-acre Atlantic Shipyard facility near Jacksonville, Fla. The new Palmer Johnson division will specialize in providing service and refit for yachts measuring 197 ft. (60 m) or larger. According to Phil Friedman, president and CEO of Palmer Johnson, the new venture will be able to haul, service and refit basically any yacht in the world. "The combination of Palmer Johnson's highly skilled finish craftsmanship and yacht project management expertise with Atlantic's extensive shipyard experience and facilities will produce a capability second to none in the world," Friedman said.

The U.S. Navy has awarded Atlantic Dry Dock Corp. of Jacksonville, a contract to provide the shipyard with 14,200 LT floating dry dock Sustain. The contract will create approximately 250 new jobs at the shipyard. Over the next five years, the dock will be available to perform both government and commercial repairs. The dock is expected to be in service by April 2000. Dimensions Lifting Capacity: 14,200 LT Length over outrigers: 608 ft. Length of pontoon: 552 ft. Length of keel line blocking: 540 ft. Width overall: 124 ft. Clear width between fenders: 93 ft. Maximum draft over 4 ft. keel blocks: 31.1 ft.