U.S. Yards
Awarded Navy
Repair Contracts
A number of U.S. shipyards re-
cently received contract awards for
ship maintenance, repair and over-
haul projects.
In the Northeast, the USCG cut-
ter Lupine will undergo drydocking
and dockside repair at Boston Grav-
ing Dock Corp. The contract is worth
$491,782.
Detyens Shipyards, Inc., Mt.
Pleasant, S.C., was awarded the
technical availability for the sub-
marine tender USS Frank Cable
(AS-40). The contract was worth
$442,593.
Two regular overhaul contracts
totaling over three quarters of a
million were awarded to Intermarine
USA, Savannah, Ga. A $282,761
contract was for work on the fuel oil
barge YON-98. A second contract,
worth $508,372, covered the over-
haul of the floating crane barge YD-
188.
In Charleston, S.C., the Braswell
Services Group received a restricted
availability of the large auxiliary
floating drydock AFDB-7 worth
$131,778.
In the Pacific Northwest, Foss
Shipyard of Seattle received a
$205,820 contract to prepare for and
accomplish restricted availability of
the minesweeper USS Esteem
(MSO-438).
The contract for deactivation, dry-
docking and NRDF layup of the oiler
USNS Hassayampa (T-AO-145) was
awarded to Cascade General, Inc.
The contract is worth $1,470,591.
In Oakland, DONCO Industries
received $144,910 for the restricted
availability on the combat store ship
USS Mars (AFS-1). Additionally,
the firm also received $367,698 for
the decommissioning restricted
availability of the frigates USS
Meyerkord (FF-1058) and USS Lang
(FF-1060).
Across the bay, the San Francisco
Division of Southwest Marine was
awarded the drydocking restricted
availability of the USS Kansas City
(AOR-3). The amount of the con-
tract was $3,028,456.
Service Engineering Co. has been
awarded a $349,112 contract to carry
out the deactivation and layup of
the oiler USNS Navasota (T-AO-
106).
In San Diego, Continental Mari-
time of San Diego, Inc., was awarded
two recent contracts. The first, worth
$547,796, was for the drydocking
phased maintenance of the amphibi-
ous assault ship USS New Orleans
(LPH-11). The second, worth
$250,000, was for the technical avail-
ability of the frigate USS Mahlon S.
Tisdale.
Southwest Marine's San Diego
Division was awarded two contracts
worth over $1.4 million. The first,
worth $1,271,041, was for the phased
maintenance availability on the
cruiser USS Leahy (CG-16). The
second contract, worth $ 190,000, was
for the restricted availability of the
destroyer USS Waddell (DDG-24).
Campbell Industries of San Di-
ego will perform the restricted avail-
ability on the ASDV-1 under a
$485,677 contract.
Two contracts for A&E Industries
of National City, Calif., totaling
$428,606 called for the deactivation
of the frigate USS Hepburn (FF-
1055) and work on the cruiser USS
Chancellorsville (CG-62).
Bay City Marine, Inc., also of
National City, received a $110,184
contract for work on the
minecountermeasure ship USS
Champion (MCM-4).
OMI Will Spin Off
Foreign Ships, Affiliates
Into New Company
OMI, the bulk and tanker ship-
ping company, recently announced
that it will spin off all its foreign
ships and affiliates into a new Euro-
pean-based company.
OMI said the spinoff company, to
be called Universal Bulk Carriers,
will be established through a public
stock offering in Europe. The com-
pany had said earlier that it was
considering such a spinoff.
OMI said the timing of the stock
offering depends on conditions in
European financial markets, espe-
cially in Scandinavia. UBC Man-
agement Ltd. is being set up in Lon-
don to investigate and develop new
investment opportunities.
A substantial interest in shares
of the new company will continue to
be held by OMI.
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