Gulf Island Fabrication, Inc. Wins 3,300 Horsepower ABS-Rated Towboat Newbuild Project with One Option
May 25, 2018 at 09:24 pm IST
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Gulf Island Fabrication, Inc. announced that through its Shipyard Division, it has been awarded a newbuild contract for the construction of one 3,300 horsepower towboat with one option for another vessel. Delivery of the first vessel is estimated at 12 months after contract execution with delivery of the optional vessel approximately two months after delivery of the first vessel if the option is exercised by the customer.
Gulf Island Fabrication, Inc. is a fabricator of complex steel structures and modules. The Company is also a provider of specialty services, including project management, hookup, commissioning, repair, maintenance, scaffolding, coatings, welding enclosures, civil construction and staffing services for the industrial and energy sectors. The Company operates through two divisions: the Services Division, and the Fabrication Division. Services Division provides maintenance, repair, construction, scaffolding, coatings, welding enclosures and other specialty services on offshore platforms and inland structures and at industrial facilities. It also provides services required to connect production equipment and service modules and equipment on offshore platforms. Fabrication Division fabricates modules, skids and piping systems for onshore refining, petrochemical, industrial facilities, and offshore facilities; fabricates foundations, secondary steel components and support structures.