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Million Contract

Navy Awards Lockheed Martin $248 Million Contract

The U.S. Navy has awarded Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, Calif., a $248 million contract for the follow-on production of 12 Trident II D5 Fleet Ballistic Missiles (FBM) and start of the D5 service life extension (LE) program. Production of the missiles will begin in 2002, with an expected delivery to the Navy in 2004. Since serial production began in 1987, the U.S. Navy has purchased 396 TRIDENT II D5 submarine launched ballistic missiles (SLBMs).


Swiber Wins Siazable Offshore Contracts

Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia; and an approximate US$43 million contract for the charter of a construction vessel that will be deployed to Latin America this year. Work for the US$100 million contract is expected to commence in Q1 2013 with expected completion by Q3 2013


NASSCO Awarded $230 Million Contract

National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other American shipbuilders. The company now has contracts for 11 vessels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and containing 390,000 sq. ft


Malta Drydocks Loses $7M Conversion Contract

Hebridean Island Cruises has pulled out of a $7 million conversion contract with Malta Drydocks and awarded it to a British yard instead, the Malta company said on Tuesday. Scotland-based Hebridean had already issued a letter of intent in favour of Malta Drydocks for the conversion of a modern ship into an old style classic cruise liner, the Malta firm said. Malta Drydocks did not reveal the name of the U.K. yard or the name of the cruise liner


GD Contracted to Develop Advanced Submarine Technologies

General Dynamics Electric Boat has been awarded a $118-million contract by the US Navy for development of advanced submarine technologies General Dynamics Electric Boat has been awarded a $117.8 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms.  Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the modification


Dock Landing Ship Inspection, Test, Contract for GD NASSCO

USS Comstock: Photo credit USN

General Dynamics NASSCO gets $104-million contract modification for 'USS Comstock' (LSD 45) modernization. General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing ship USS Comstock (LSD 45).  General Dynamics NASSCO is a business unit of General Dynamics. General Dynamics NASSCO received funding to begin modifications to USS Comstock (LSD 45) in April 2012 and began performing onboard renovation and


Romanian Yard Close To Contracts

Romanian Black Sea shipyard Santierul Naval Constanta reportedly is close to clinching shipbuilding contracts worth the equivalent of $32 million with two big German companies this year. The yard was expected to sign a contract worth $20 million with Ferrostaal Essen and another $12 million contract with Thyssen-Krupp group. The shipyard, slated for selloff later this year and needing an annual $50 million in contracts to operate properly, has so far secured orders totaling $20 million


Todd Shipyards to Perform Overhaul

Todd Pacific Shipyards Corp. received a $29 million contract from the Washington State Ferry Systems for the overhaul of its ferry M/V Yakima. The overhaul encompasses replacement of most of the lower vehicle deck; installation of the vessel's new furniture and fixtures; removal and reinstallation of propulsion motors, main diesel engines and propulsion generators. The work, which began upon the vessel's arrival at the shipyard on October 22, is expected to last 15 months.


Conrad Wins $8.9M Towboat Contract

Conrad Industries, Inc. won an $8.9 million contract by the United States Army Corps of Engineers to design and build a 144-ft., 3,300-hp, ABS-Classed welded steel towboat. When delivered, the vessel’s primary mission will be the support of the MAT Sinking Unit revetment operations on the Mississippi River for the Vicksburg District of the United States Army Corps of Engineers


Halifax Shipyard to Modernize Frigates

A sea of people in hard hats flooded a tent Monday at the Halifax Shipyard for the announcement of $549m worth of work on the navy’s Halifax-class frigates. Seven of the warships will go through a modernization program at the Irving-owned shipyard. also announced a $351-million contract Monday with Victoria Shipyards on the West Coast to upgrade the other five frigates.   Source:  Chronicle Herald


EMGS - Vessel Update and Activity for 2Q 2014

Courtesy EMGS - Schematic view of a controlled source electromagnetic (CSEM) survey

  Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data


Aker Subcontracts RDS for Statoil FEED Work

RDS, a rig design and engineering subsidiary of international drilling contractor KCA Deutag, has been awarded a $10 million contract to carry out front-end engineering design (FEED) work on Statoil’s Johan Sverdrup development in the Norwegian North Sea.


Rolls-Royce to Design & Equip Stern Trawler for Prestfjord Havfiske

Priestfjord trawler - courtesy Rolls-Royce

Rolls-Royce announced it has signed a £7 million contract to design and equip a stern trawler for the Norwegian fishing company Prestfjord Havfiske AS. The trawler is a Rolls-Royce NVC 370 design and will be built at Freire Shipyard in Vigo, Spain


Bollinger to Build 6 More FRCs for the USCG

A Bollinger-built Fast Response Cutter underway on sea trials in the Gulf of Mexico (Photo courtesy of Bollinger)

Bollinger Shipyards, Inc., Lockport, Louisiana, announced the award of six additional USCG Sentinel Class Fast Response Cutters (FRCs). The U. S. Coast Guard (USCG) awarded a $255 million contract option to Bollinger Shipyards of Lockport, La


AMSEA Awarded US$33-Million Navy MSC Contract

AMSEA operated RoRo: Image credit MSC

General Dynamics American Overseas Marine LLC (AMSEA) apprises it has been awarded the USD$32.7 million contract modification to operate and maintain seven large, medium-speed, roll-on / roll-off ships (LMSR) for the Military Sealift Command.


Canadian Icebreaker Refit Contracts Awarded

Principals in Davie Refit Contract: Image Davie

The Canadian Government informs it has awarded a $6.5 million contract to Babcock Canada Inc. for critical refit work for Canadian Coast Guard ship 'CCGS Louis S. St-Laurent'. The shipyard portion of the work will be carried out by Chantier Davie Canada Inc., a sub-contractor to Babcock Canada.


Lévis Shipyard to Refit Canada CG Icebreaker

Photo: Canadian Coast Guard

Government of Canada Awards Babcock Canada Inc. a $6.5 Million Contract for Refit Work on the CCGS Louis S. St-Laurent Parliamentary Secretary Bernard Trottier, on behalf of the Honorable Diane Finley, Minister of Public Works and Government Services, and the Honorable Steven Blaney


Wood Group awarded $12Mln Operations & Maintenance Contract by Apex

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  Wood Group GTS and Apex Bethel Energy Center, LLC (“Apex”) have signed a three-year operations & maintenance (O&M) agreement for the Bethel Energy Center. Under the $12 million contract, Wood Group GTS will be responsible for care


Peru Port Contract Goes to Brazil/Spain Consortium

File image

Peru awarded a $182.4 million contract for the construction and operation of a maritime port to a consortium of Brazilian and Spanish companies, the government said on Wednesday. Consorcio Paracas beat out two other bidders on the project, including a local unit of APM Terminals


Subsea 7 S.A. awarded $160 mln contract in Gulf of Mexico

Subsea

  Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a three-year US$160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico.


National Grid contract for Wood Group GTS

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  Wood Group GTS has secured a $3.2 million contract from National Grid to provide gas turbine icon™ governor control system upgrades to nine Rolls-Royce Avon gas turbines, including an additional governor to act as a rotational spare


HII Reports Q1 Earnings Jump

Newport NEws works on the USS Abraham Lincoln’s (CVN 72) refueling and complex overhaul (Photo by John Whalen/HII)

Huntington Ingalls Industries (HII) reported first quarter 2014 revenues of $1.59 billion, up 2 percent compared to the same period last year. First quarter diluted earnings per share was $1.81, compared to diluted earnings per share of $0.87 in the same period of 2013


Algerian Reggane Nord Gas Project entering execution phase

Reggane Nord gas project

  A project consortium that includes RWE Dea has signed a major contract for the construction of a natural gas processing plant and infrastructure in the Algerian Sahara for the Reggane Nord project. The contract is valued at US$976 million and represents an important step forward for the


Sembcorp Wins US$236-Million Jack-up Rig Contract

Image courtesy of Friede & Goldman

Singapore's Sembcorp Marine says that its subsidiary Jurong Shipyard has secured a US$236 million (about S$296 million) contract to build a high specification, tailor-made jack-up rig for new customer Hercules North Sea Ltd. Scheduled for delivery in the second quarter of 2016


Engineering Jobs Secured by Portsmouth UK Naval Contract

HMS Dragon: UK MOD photo

The two-and-a-half-year £70 million  contract will protect around 100 highly skilled engineering jobs at BAE Systems in Portsmouth, the home port of the Royal Navy’s 6 Type 45 destroyers and future home of the Queen Elizabeth Class aircraft carriers






 
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