2001 Maritime

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August 6, 2001

Manitowoc low bidder for new NYC ferries
New York City Department of Transportation has announced that Manitowoc Marine, Marinette, Wis., is apparent low bidder for three new Kennedy-class Staten Island ferry boats. Manitowoc bid $119,213, 651. Atlantic Marine, Jacksonville, Fla., submitted a bid of $181,815,000

The department has now launched its bid review process after which it will submot a recommendation of award to the City Comptroller's office. Officials are hopeful that a contractual agreement can be reached before the end of the year.

According to bid specifications, the successful bidder will have 600 calendar days from the date of contract to deliver the first boat. The second would be delivcered 120 days later and the third 120 days after that.

The boats will hold more passengers than the vessels they replace—up to 4,500. But they will carry fewer vehicles, 30 rather than 40.

EC clears Dutch dredging merger
The European Commission has approved the creation of a joint venture for the dredging activities of the Dutch companies Hollandse Beton Groep and Ballast Nedam. The parent companies will each remain independent building and construction operations, but will transfer their dredging activities to a joint venture, Ballast HAM Baggeren N.V.

The Commission says this will create a larger player in the markets for large and small dredging projects. However, it will not lead to a dominant position in any of these markets.

Petrobras contract for Stolt Offshore
Stolt Offshore S.A. today announced a one-year extension of the current contract and the award of a new four-year contract for the Seaway Condor from Petrobras in Brazil.

Under these two contracts, valued at $136 million, the Seaway Condor will continue to provide deepwater pipelay offshore Brazil for at least the next five years. The extension to the existing contract began in June this year and runs to August 2002 at which time the new contract starts. There is an optional extension of this new contract in 2006, by mutual agreement, for a further four years.

For the new contract the Seaway Condor will be upgraded to lay flexible flowlines and umbilicals in 2,000 m water depth. The modifications to the ship will be carried out in Brazil during the ship's routine drydocking in May 2002 prior to commencing the new contract.

Bernard Vossier, Chief Executive Officer said, "Stolt Offshore has now provided deepwater pipelay services in Brazil since 1996 when the Seaway Osprey started a four-year contract. This new contract for the Seaway Condor, which follows a recently awarded four-year contract from Petrobras for the Seaway Harrier, consolidates our position in Brazil and provides a strong basis for future growth in this region."