Tuesday, July 11,
The alliance with PPL will allow both companies to integrate marketing and share project management expertise for the delivery of new construction and conversion services on opposite sides of the globe. FirstWave and its alliance partners are creating a seamless delivery network for offshore and marine new construction, repair and maintenance to their global clients.
"In the areas of offshore rig repair, conversions and new construction, our companies have considerable mutual strengths. This alliance combines these strengths for the benefit of our customers and gives them more options for successful projects," said PPL 's managing director T.K. Ong.
FirstWave president and COO Grady Walker added, "This is a significant expansion of the network, with a focus on offshore rig new construction and conversions. PPL has the proven experience, know-how and track record for these kinds of projects, as they again demonstrated with their delivery of the Transocean Sedco Forex fifth-generation semisubmersible `Cajun Express' on time and on budget."
FirstWave is the leading shipyard company in the Houston-Galveston area. The company provides repair, conversion, new construction, and related services for offshore rigs, barges, boats, ships and other vessels in the offshore energy and marine industries.
PPL Shipyard is the former Promet Pte Ltd.
It was renamed following a management buyout in 1997. The yard
specializes in the design and construction of offshore drilling
rigs including jackups and semisubmersibles. the fifth-generation
semisubmersible Cajun Express for Transocean Sedco Forex. The
company is also known for repair, upgrades and modifications
of existing rigs. PPL's Singapore yard has a total area of 35
acres and is situated on the southwestern coast of the island.
It has 700 m of sea frontage and 240 ms of wharf, serviced by
a 600 t crane and other facilities that include two large covered
workshops and five open fabrication areas,
$1.51 billion defense lifeline for British
The MOD will negotiate a £1 billion ($1.51 billion) order for the construction of the first three ships of the class with prime contractor BAE SYSTEMS later this year. The program is expected to sustain up to 5,500 jobs in BAE Systems Marine (which owns the former Kvaerner Govan shipyard in Scotland), Vosper Thornycroft shipyards and in other defense industries in the UK.
"The Type 45 will be the biggest and most powerful air defense destroyers ever ordered for the Royal Navy," said Hoon, "and their construction will be a tremendous opportunity for British industry. When these new ships enter service from 2007 they will represent a huge improvement in capability over the Type 42 destroyers they will succeed.
An order for the construction of the second batch of ships is expected to be placed with the prime contractor around 2004.
The main armament of the Type 45 is the collaborative UK/French/Italian Principal Anti Air Missile System (PAAMS), which is designed to defeat salvo attacks by new generations of anti-ship missiles.
The Type 45 equipped with PAAMS will provide area defense against aircraft and missiles including modern anti-ship missiles. In this role the Type 45 will support maritime assets across the range, from aircraft carriers to logistics vessels. In addition, the Type 45 will be a highly potent, multi-role, general purpose platform capable of operations across the spectrum of tasks from peace support to high intensity warfare. It will also operate either the anti submarine version of the Merlin helicopter, or Lynx.
BAE Systems Type 45 managing director, Brian Phillipson, said the £1 billion contract will cover design and development of the class with an initial build of three ships.
As the prime contractor for the Type 45, BAE Systems is responsible to the Defense Procurement Agency for design, development, delivery and elements of support for the class of ships. BAE Systems will be the design authority for the entire ship, other than the Principal Anti-Air Missile System which was ordered by the Ministry of Defense last year under a separate contract. The company will be demonstrating value for money and competitiveness across all areas of the program.
The Type 45 'D' Class destroyer will introduce
Integrated Electric Propulsion into the Royal Navy for the first
time. Benefits include a reduction in costs through-life because
of lower maintenance and fuel consumption costs. The propulsion
system gives greater flexibility to ship's electrical distribution
systems allowing for considerable growth in demand through life.
An 'Incremental Acquisition Program', will
allow new weapons systems to be fitted without the need for a
substantial refit. The same approach is being adopted with design
of the supporting systems (e.g. electrical power), with growth
capacity and evolution options being built in - thus maximizing
the availability of these ships throughout their lives.