General Dynamics to Acquire Earl's Ship Repair Division
General Dynamics has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not been disclosed. The transaction is subject to customary closing conditions and is expected to close this summer. Earl Industries is a privately held company. The Ship Repair and Coatings Division employs approximately 575 workers in the Norfolk and Mayport areas. Earl Industries has been conducting U.S. Navy ship repair and conversions since 1985. It is a prime contractor for nuclear aircraft carrier (CVN) multi-ship, multi-option (MSMO) contracts.
Navy Repair Contracts Awarded
BAE Systems San Diego Ship Repair, San Diego, California (N00024-16-D-4419); Continental Maritime of San Diego, San Diego, California (N00024-16-D-4420); and General Dynamics, National Steel and Shipbuilding Co., San Diego, California (N00024-16-D-4421), are being awarded firm-fixed price modifications to previously awarded indefinite-delivery/indefinite-quantity, multiple-award contracts to exercise option period two for the accomplishment of complex emergent and continuous maintenance and Chief of Naval Operations availabilities on amphibious ships (LPD, LSD, LHA and LHD) homeported in San Diego, California. The exercising of these options ensures continued facilities and human resources capable of completing complex emergent and continuous maintenance…
General Dynamics to Acquire Earl Industries’ Ship Repair Division
General Dynamics (NYSE: GD) has entered an agreement to acquire the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship repair company that supports the U.S. Navy fleet in Norfolk, Va., and Mayport, Fla. The value of the cash transaction, which General Dynamics expects to be accretive to earnings in 2013, has not been disclosed. The transaction is subject to customary closing conditions and is expected to close this summer. Earl Industries is a privately held company. The Ship Repair and Coatings Division employs approximately 575 workers in the Norfolk and Mayport areas. Earl Industries has been conducting U.S. Navy ship repair and conversions since 1985. It is a prime contractor for nuclear aircraft carrier (CVN) multi-ship, multi-option (MSMO) contracts.
Vigor Wins $19.6m Navy Ship Repair Contract
Vigor Marine LLC, Portland, Oregon, is being awarded a $19,629,518 firm-fixed-price contract to prepare for and accomplish repair and alteration requirements for USS Kidd (DDG 100) Chief of Naval Operations scheduled, selected restricted availability (SRA) in support of the DDG-51-class destroyer ship repair program. For U.S. Naval Surface Combatants – typical repair and maintenance work to be performed in SRA includes modernization ship alterations; blasting, painting and surface preparation for complete or touch-up preservation, freeboard, struts, rudders, running gear, ground tackle, and sea-chest; hull, mechanical and electrical; various interior tanks. Work will be performed in Everett, Washington, and is expected to be completed by September, 2018.
LISNAVE Stable Despite Workload Reduction
As expected, 2013 did not bring significant changes to the evolution of the world economy and consequently the rate of growth of world trade. With regard to the maritime freight market, the same situation of imbalance between supply and demand continued with a consequent reflection in value of freight rates, which resulted for the third consecutive year in general cost containment by the shipowners and consequently, a reduction in the volume of the maintenance works of existing fleets.
SG Blocks Portable Office on USN Aircraft Carriers
SG Blocks, Inc., a provider of construction solutions utilizing code-engineered cargo shipping containers, has executed a $1.5 million agreement with a U.S. Navy contractor for an additional delivery of the unique SG Blocks multistory hoteling system that it will lease to the U.S. Navy for use aboard aircraft carriers during dry dock. The multistory structures will be used by civilian contractors for office space and other purposes during ship maintenance and repairs and is expected to accelerate ship restoration time. Under this contract, SG Blocks anticipates delivering 25 new structures and refurbishing seven SG Blocks structures delivered under prior orders. Since 2010, SG Blocks has delivered 46 similar structures to the same contractor for use by the U.S. Navy.
Portable Multi-Story Office Systems Used for Navy
SG Blocks, Inc. has executed a multi-million dollar agreement with a U.S. Navy contractor for an additional delivery of the unique SG Blocks multistory hoteling system that it will lease to the U.S. Navy for use aboard aircraft carriers during dry dock. The multistory structures will be used by civilian contractors for office space and other purposes during ship maintenance and repairs and is expected to accelerate ship restoration time. Under this contract, SG Blocks anticipates delivering 56 new modularized structures and refurbishing 2 SG Blocks structures delivered under prior orders. This order, the company's largest yet for the U.S. Navy, follows a prior order for delivery of 32 structures at the end of 2013, which were received and delivered by SG Blocks in a period of 10 weeks.
Detyens Wins $7.9m MSC Contract
Detyens Shipyard, Inc., North Charleston, S.C., is being awarded a $7,908,907 firm-fixed-price contract for a 55-calendar day regular overhaul/dry-docking of Military Sealift Command fleet replenishment oiler USNS Big Horn. This shipyard availability is primarily for ship maintenance and repairs. Work will include cargo and ballast tank preservation; 54,000-hour engine maintenance; main engine clutch and coupling overhaul; cargo console cable replacement; cargo console system mechanical repair; gyro system replacement; fathometer replacement; and cleaning and painting of the underwater hull. Big Horn's primary mission is to provide fuel to Navy ships at sea and jet fuel for aircraft assigned to aircraft carriers.
Todd Pacific Shipyards Awarded Contract for Long Term Maintenance
Todd Pacific Shipyards Corporation has been notified that it has been awarded a contract with the United States Coast Guard ("Coast Guard") to provide long-term maintenance of Polar Class icebreakers. The contract consists of multiple contract options for planned maintenance availabilities (PMA's) and docking planned maintenance availabilities (DPMA's) for the POLAR STAR (WAGB-10) and POLAR SEA (WAGB-11). The availabilities, and their companion planning options, extend through the last DPMA ending August 5, 2008, and the last PMA ending on September 2, 2008. The work to be performed includes availability planning and generalized ship maintenance and repairs as needed, with emphasis on propulsion and deck machinery work.
South Korea Eyes Iran's Shipping Industry
South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown. According to IRNA, the head of South Korea Maritime Institute Sang Gui Kim voiced his country's readiness for investment in Iran's ports and shipping industry. Sang Gui Kim told reporters on the sidelines of Iran-South Korea Economic Conference in Isfahan. Sang Gui Kim said…
Erie Shipbuilding to Undergo Expansion
Pennsylvania Governor Edward G. jobs to the local economy over the next three years. tax credits. for more than 15 years. Governor Rendell. project that is expected to cost $12.8 million. times to deliver orders and products. Pennsylvania locations. at least 205 new jobs within three years and retain 26 existing employees. including a first-of-its-kind, multi-million dollar robotic welding system. Grant, $92,250 in CJT, and $410,000 in Job Creation Tax Credits (JCTC). operations. repair, ship conversions and dry-docking services. dock on the Great Lakes. expansion project.
Asbestos: Maritime’s Ticking Time Bomb
The International Maritime Organization (IMO) should amend regulations banning the use of asbestos and asbestos containing materials (ACM) in ships, says John Chillingworth, senior marine principal at Lucion Marine. Regulations under the International Convention for the Safety of Life at Sea (SOLAS) state that if asbestos is found onboard a ship built after July 2002 then the vessel’s flag registry, in conjunction with its classification society, issues a non-extendable exemption certificate, providing the owner with a three-year window in which to remove the asbestos.
NASSCO Delivers Garden State to APT
Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers. Garden State was delivered during a special signing ceremony and is one of three classes of ships delivered by the San Diego-based shipyard since June of last year. “In the past year, NASSCO shipbuilders have delivered seven ships – or the equivalent to 100,000 tons worth of steel,” said Kevin Graney, vice president and general manager for General Dynamics NASSCO.
NASSCO Books $30M Deal
National Steel and Shipbuilding Company (NASSCO), a wholly owned subsidiary of General Dynamics, received a contract from the U.S. Navy for the continuous maintenance, repair, and alterations of the five FFG-7 Oliver Hazard Perry class frigates homeported in San Diego. The contract, including the initial year and four one-year options, has an approximate value of $30 million. Advance planning activities will start immediately to support the first repair and maintenance availability for the USS Curts (FFG-38) in September 2003. If all the options are exercised, 11 ship maintenance availabilities including four drydockings will be performed over the next five years.
USS Fitzgerald Arrives in Pascagoula for Repair
U.S. Navy warship USS Fitzgerald, which was damaged and nearly sunk after a fatal collision with a cargo ship in June and then was damaged again while on board a heavy lift transport vessel, has arrived in Pascagoula, Miss., for repair work at Huntington Ingalls Industries shipyard. The Arleigh Burke-class guided missile destroyer arrived in Pascagoula on January 19, aboard heavy lift vessel MV Transshelf inward bound from Yokosuka, Japan. Fitzgerald is expected to spend several days in the Port of Pascagoula as the heavy lift ship will commence the reverse operation of unfastening…
BAE Systems Contracted to Maintain Two US Warships
BAE Systems has been awarded contracts from the U.S. Navy for the repair and maintenance of two ships based in Jacksonville, Fla. The contracts come within days of one another and have a combined value of $61.7 million and a cumulative value of $68.6 million if all options are exercised. BAE Systems received a $32.5 million contract from the Navy on May 10 for the docking selected restricted availability of the Arleigh Burke-class destroyer USS Farragut (DDG 99). The company will drydock the 509.5-foot-long destroyer this summer and will perform structural and tank repairs…
Search and Salvage Down Under
The Central Queensland Port Authority is undertaking one of the largest capital improvement projects in Australia. The RG Tanna Wharf Expansion Project involves extending the pier by 350 meters, widening existing berths, building a 1.3 kilometer onshore conveyor, and creating a new jetty approach. The cost of the construction portion alone is $128m. Marine contractor Realf’s Diving and Salvage was hired to survey the area before the dredging operation could begin. The company is based in Gladstone…
USS Porter Repair/Modernization Contract Awarded
Naval Sea Systems Command awarded a $49,435,634 firm-fixed price contract contract for the maintenance, modernization and repair of USS Porter to BAE Systems Norfolk Ship Repair. The fiscal year 2013 chief of naval operations (CNO) extended dry-docking selected restricted availability (EDSRA) was competed on a coast-wide basis to maximize competitive pricing and best-value to the government. The scope of work includes damage repairs resulting from the Aug. 12, 2012, collision in the Straits of Hormuz as well as previously planned maintenance and modernization.
Six NAVSEA Commands Designated as CITEs
The Secretary of the Navy recently designated 13 Navy and Marine Corps depot maintenance activities, including six Naval Sea Systems Command (NAVSEA) field activities, as Centers of Industrial and Technical Excellence (CITEs). As CITEs, Portsmouth Naval Shipyard in Kittery, Maine; Norfolk Naval Shipyard; Puget Sound Naval Shipyard in Washington; Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility; Naval Undersea Warfare Center, Keyport Wash.; and Naval Surface Warfare Center, Crane, Ind., have SECNAV-delegated authority to enter into public-private partnerships to perform work related to their depot maintenance core competencies.
New Contract in North America for ABS Nautical
Otto Candies LLC, a marine transportation and towing company based in Louisiana, has signed a contract with ABS Nautical Systems for its NS5 Enterprise software. Otto Candies is implementing the Maintenance & Repair module on 20 of its offshore supply and diving vessels. They will be replacing their existing in-house system as a way to improve audit efficiencies. The Maintenance & Repair module allows vessel owners and operators to easily identify ship maintenance trends and efficiently plan for future maintenance work.
UK P&I Club Advises On Hatch Cover Maintenance
The UK P&I Club’s Loss Prevention Department, in conjunction with the IMCS Training Academy, advises on the importance of hatch cover maintenance: “Whether a ship’s hatch covers are weathertight is a seemingly simple question that should have a “Yes” or “No” answer. However, coming to the right conclusion is not as easy as may initially be assumed, requiring an understanding of hatch covers, their operation and industry requirements. “Ensuring hatch covers are well maintained…
Blue Giant Named in Ceremony
Blue Giant, a ship with participation of the Mexican shipping company, Blue Marine, is capable of providing different products and services specialized for the offshore industry. Blue Giant has a large free deck area that allows containing repair and maintenance workshops of equipment from oil platforms. Likewise, it counts on surface and saturation diving equipment and a retention area for carrying out maintenance and repair tasks in the atmospheric and submarine area of the platform, as well as for maintenance and repair of submarine pipes. The vessel counts on a folding hatch on the stern and is capable of sinking its deck under the sea level for working as a dock containing up to 130-meter length vessels.
Young Brothers Promote Gregory Patch
Young Brothers, Ltd., and Hawaiian Tug & Barge (YB/HTB) have promoted Gregory R. Patch from Barge Maintenance Superintendent to Marine Maintenance Manager. In his new position, Patch will be responsible for overseeing the daily and long-term maintenance operations for the companies’ 12 tugboats and nine cargo barges, as well as generators and barge ramps. Patch has served as Barge Maintenance Superintendent since May of last year when he joined the company. At YB/HTB, he has overseen the conversion and overhauls of two cargo barges as well as drydocking repairs and maintenance for two additional barges. Prior to joining Young Brothers, Ltd. And Hawaiian Tug & Barge, Patch served in the U.S. Navy for 30 years, with much of that time spent in shipyards and marine repair.