Todd Ship

  • Todd Shipyards Corporation, New York, N.Y., recently reported higher sales and earnings for its third quarter and 39 weeks ended December 26, 1982, compared with the same periods a year ago.

    John T. Gilbride, chairman, attributed the improved results to increased revenues from continued construction of guided missile frigates (FFGs) for the U.S.

    Navy, which more than offset lower naval repair sales and a decline in commercial ship repair work reflecting reduced international and domestic shipping activity on all three coasts.

    Sales in the third quarter of fiscal 1983 amounted to $201.5 million, compared with sales of $180.9 million in the same fiscal 1982 period. Third quarter net income totaled $8.8 million, or $1.85 per share, compared with earnings of $7.6 million, or $1.46 per share, in the same 13-week period last year.

    Sales for the first 39 weeks of fiscal 1983 were $595.7 million, compared with $536.8 million in the same period in fiscal 1982.

    Net income amounted to $25.0 million, or $5.09 per share, a gain of 9.9 percent over earnings of $22.7 million, or $4.26 per share, in the fiscal 1982 39-week period.

    In the first nine months, Todd's ship construction revenues rose 22 percent over last year's figure as a result of the guided missile frigate (FFG) program. The company has received contracts for the construction of 30 FFGs, of which 15 have already been delivered.

    Five FFGs were delivered to date in fiscal 1983, the most recent of which, the Reid (FFG- 30), was delivered on December 30, five weeks ahead of schedule and below budget. The company expects to deliver all 15 FFGs still under construction by its Los Angeles and Seattle divisions ahead of schedule and below budget.

    Naval repair sales, although lower than in last year's first nine months, showed improvement in the third quarter as Todd continued to aggressively compete for new business to more fully utilize its expanded West Coast repair capacity. The newly acquired San Francisco facility has contributed a $50-million shiprepair backlog since November 1982. "San Francisco's excellent facilities, featuring a mammoth 65,000 displacement ton drydock and those of Seattle and Los Angeles, put Todd in a strong competitive position to obtain additional naval work, which is expected to increase as the Navy's new homeporting dispersion policy is implemented in these three leading Pacific Coast ports," Mr. Gilbride noted.

    The company's commercial ship repair revenues declined approximately 20 percent from last year's level, reflecting lower shipping activity.

  • Bender Shipbuilding & Repair Co., Inc., Mobile, Ala., recently purchased a 545-foot-long steel floating drydock formerly operated at Todd Shipyards Corporation's Galveston, Texas, facility. The drydock, which recently arrived in Mobile, has been named the Pete B in memory of a Bender superintendent

  • Concurrent with the National Council Congress and Exposition in Chicago, 111., October 17-20, Todd Shipyards Corporation held its own Safety Conference at the Oxford House Hotel in Chicago. Attending the Todd Conference were safety engineers, personnel managers and workers' compensation claims

  • Todd Shipyards Corporation, headquartered in Jersey City, N.J., recently reported a profitable fiscal 1987 first quarter and the appointment of two Todd executives to top management positions. Following the retirement of J.T. Gilbride chairman and chief executive officer, at a meeting held immediately

  • to the company and the s h i p b u i l d i n g industry for more than 30 years. Mr. Meurk, who is also vice president-West Coast of Todd Shipyards Corporation, has been associated with Todd Seattle for 22 of his 33 years with Todd

  • J.T. Gilbride, chairman, announced that Todd Shipyards Corporation will present to its stockholders William H. Todd, 54, financial advisor, as a nominee for election to the board of directors at the annual meeting on July 19, 1978. In commenting on the nomination, Mr. Gilbride said: "Over the years

  • At a board of directors meeting of Todd Shipyards Corporation recently John T. Gilbride, 69, announced he will retire as chairman and chief executive officer immediately following the annual meeting on July 16, 1986. Mr. Gilbride, who has been chairman since 1975, will continue as a director of the

  • Steamship Co., and Chevron Shipping as well as representatives of the American Bureau of Shipping and of marine engineering firms. Four divisions of Todd Shipyards Corporation and the Todd corporate office were represented along with more than 20 persons from the Seattle Division. The consensus of the

  • Keel-laying ceremonies for the first guided missile frigate (FFG-7 Class) follow-on ship was held April 29 at Todd Shipyards, Seattle (Wash.) Division. This ship, designated FFG-10, is the first in a multi-ship Navy program which may run through the next 10 years. The principal speaker for the keel-

  • Todd Shipyards Corporation reported recently that the U.S. Navy had exercised options amounting to $21.6 million authorizing Todd's Galveston Division to proceed with the modification of the S/S Great Republic, the second of two C5-6- 78A Seabridge Class roll-on/roll-off (RO/RO) container cargo type

  • are an important source for solutions to today's energy problems. Besides F.A. Hughes of Epsom, England, the Fuel Tech organization is comprised of Todd Combustion, Inc. (TCI); International Power Chemicals, Inc. (IPC); and Todd Marine, Inc. Todd Marine Inc. is chartered to represent Fuel Tech, Inc

  • maintenance of small ocean craft, inland waterway tugs, and barges of up to about 6,000 dwt was dedicated recently at the New Orleans Division of Todd Shipyards Corporation. The new 306-foot by 65- foot drydock, combined with the addition of a 450-foot wharf and the reconstruction of another 525- foot

  • MT Apr-19#54 1,700-kilometer mission autonomously collecting ?  sheries)
    April 2019 - Marine Technology Reporter page: 54

    1,700-kilometer mission autonomously collecting ? sheries thus increasing mission ef? ciency. acoustics and physical properties of the sea surface. As part Looking back 20 years, we celebrate the progress and ad- of this multi-vehicle mission under the U.K. NERC/Defra vancements made in ocean observatio

  • MT Apr-19#53 Compared with historical data collected over centuries)
    April 2019 - Marine Technology Reporter page: 53

    Compared with historical data collected over centuries, this year suggest seismic motion was consistent with displacement new information will help scientists better predict geologic at the full convergence rate. From the results of his missions, activity. Dr. Chadwell concluded the Wave Gliders have

  • MT Apr-19#46 tech delivers cost savings and Waagen’s Test Center)
    April 2019 - Marine Technology Reporter page: 46

    tech delivers cost savings and Waagen’s Test Center attracts A place to grow Along with the 1,100-square-meter testing and training cen- wind power entrepreneurs, ? oating or marine wind power con- ter backed by The Switch — plus researchers, equipment and tinues to grow. Since Equinor’s launch of a

  • MT Apr-19#44 n Europe, where offshore turbines heavily dot maritime)
    April 2019 - Marine Technology Reporter page: 44

    n Europe, where offshore turbines heavily dot maritime tween wind turbines. The spooling system can also be mount- maps, there’s acknowledged room for innovation in ed as a barge. turbine construction, support shipping and subsea. In- Spooled cable is custom “spun” like yarn from a ? xed or Istallations

  • MT Apr-19#26 Insignts Business
long-term residence, many service)
    April 2019 - Marine Technology Reporter page: 26

    Insignts Business long-term residence, many service companies are conducting the availability of vessel operations. We call this concept Vir- MTBF studies in underwater robotics. No matter how good tual Residency and the technology which ful? lls it - Aquanaut. a study is, and how well equipment is

  • MT Apr-19#13 for US GEOTRACES.  sample bottles. As it is lowered)
    April 2019 - Marine Technology Reporter page: 13

    for US GEOTRACES. sample bottles. As it is lowered through the water column to To support the scienti? c challenges, a suitable cable had to depths of 7,000 meters, it endures factors including cold tem- be non-metallic to meet non-contaminating criterium as any peratures, bending, tension cycling

  • MT Apr-19#11 export regulations extend beyond the initial export out of)
    April 2019 - Marine Technology Reporter page: 11

    export regulations extend beyond the initial export out of the ments and obtaining any required licenses when a speci? c United States. A re-export of a U.S.-origin item from one for- writing has been obtained ? rst by the U.S. seller from the for- eign destination to another, including use aboard a

  • MT May-19#59 enable long battery life. The EPLF-553  being designed to)
    May 2019 - Marine Technology Reporter page: 59

    enable long battery life. The EPLF-553 being designed to meet operational re- navigation. The frequencies allocated is perfect for recovery of AUVs after quirements for an ultra-deep-water sub- are in the range of 283.5 - 325.0 KHz. mission duration has elapsed. mersible beacon. A LED ? asher and

  • MT May-19#57 the ?  exibility to interface with a wide  lect all)
    May 2019 - Marine Technology Reporter page: 57

    the ? exibility to interface with a wide lect all desired parameter data required ration, enabling users to experience range of internal and external sensors for hydrographic and ocean science si- both a high-speed data channel and an and other data sources utilizing standard multaneously; and the

  • MT May-19#55 for use in hydrographic applications. 
Navsight comes as a)
    May 2019 - Marine Technology Reporter page: 55

    for use in hydrographic applications. Navsight comes as a motion reference Left: The STIM202 is a shock-capa- unit (MRU), providing roll, pitch, and ble, tactical-grade, ultra-high-per- heave, or as a full navigation solution formance MEMS gyro module de- with embedded tri-frequency receiver, signed

  • MT May-19#38 Image Courtesy French Navy/RTSYS
Improving French Navy)
    May 2019 - Marine Technology Reporter page: 38

    Image Courtesy French Navy/RTSYS Improving French Navy Detection Capacities on Older Gen Frigate Sonars ince the summer of 2017, four vessels equipped with This system has been installed on three Anti-Submarine analog sonars have been upgraded using RTsys AS3i Warfare Frigates FASM in Brest (Brittany

  • MT May-19#13 tion; and prioritize charting and surveying based on)
    May 2019 - Marine Technology Reporter page: 13

    tion; and prioritize charting and surveying based on measured sels engaged in international commerce, it has become the go- traf? c volumes. The Bureau of Ocean Energy Management to location for marine casualty investigators and, in the event (BOEM) uses AIS data to support its marine planning needs

  • MT May-19#12 Insignts Government Update
They started installing shore-bas)
    May 2019 - Marine Technology Reporter page: 12

    Insignts Government Update They started installing shore-based receivers to monitor AIS the location. By combining AIS data with other information, transmissions from approaching ships, out to a point just such as photos from surveillance aircraft or satellites, correla- beyond the horizon. Those

  • MT May-19#10 Insignts Government Update
AIS DATA
Governments are now)
    May 2019 - Marine Technology Reporter page: 10

    Insignts Government Update AIS DATA Governments are now using AIS in an innovative manner by creating virtual aids-to-navigation that provide an AIS signal to mark hazards to navigation in locations where a physical aid-to-navigation does not exist. By Dennis Bryant The Automatic Identi? cation System

  • MT May-19#8 Technology New & Notable
Valeport: New Enviro Range)
    May 2019 - Marine Technology Reporter page: 8

    Technology New & Notable Valeport: New Enviro Range Hydramec Electric AHC LARS Valeport Valeport has launched a new Enviro- Hydramec Offshore completed the Hyperion Turbidity mental range of optical sensors. supply, integration and operational Hyperion Turbidity – A standalone testing of a fully Active

  • MR May-19#90 This directory section is an editorial feature published)
    May 2019 - Maritime Reporter and Engineering News page: 90

    This directory section is an editorial feature published in every issue for the convenience of the readers of MARITIME REPORTER. A quick-reference readers’ guide, it includes the names and addresses of the world’s leading manufacturers and suppliers of all types of marine machinery, equipment, supplies and

  • MR May-19#89 N
BY THE NUMBERS: NORWAY
The Norway Way
While Norway is)
    May 2019 - Maritime Reporter and Engineering News page: 89

    N BY THE NUMBERS: NORWAY The Norway Way While Norway is small in terms of population – with an estimated 5,372,191 inhabitants as of 2018, ranking #120 in the world – it is a true giant in the maritime world, ranking #5 in the world with 2,058 vessels at a cumulative value of $44.24 billion. When

  • MR May-19#88 P
PRODUCTS
Shell Launches Alexia 40
Shell Marine is)
    May 2019 - Maritime Reporter and Engineering News page: 88

    P PRODUCTS Shell Launches Alexia 40 Shell Marine is introducing Shell Alexia 40 – with a Base Number of 40 – a new two-stroke engine cylinder oil speci? cally for use with en- gines running on 0.5% sulfur content Very Low Sulphur Fuel Oil (VLSFO). Shell Alexia 40 has undergone thousands of hours of

  • MR May-19#86 V
VESSELS
Vard Delivers Ponant Cruise Vessel
Vard delivered)
    May 2019 - Maritime Reporter and Engineering News page: 86

    V VESSELS Vard Delivers Ponant Cruise Vessel Vard delivered Le Bougainville, its third expedition cruise vessel for Ponant. The 131m long, 184-passenger vessel, is the third in the series designed and built by VARD, following on from the delivery of Le Lap- erouse in June 2018 and Le Champlain in

  • MR May-19#83 2019 Editorial Calendar
AD CLOSE: JUN 23 AD CLOSE: JUL)
    May 2019 - Maritime Reporter and Engineering News page: 83

    2019 Editorial Calendar AD CLOSE: JUN 23 AD CLOSE: JUL 25 JULY AUGUST Cruise Vessel Design & Out?t The Shipyard Edition Expedition Cruise Vessel Heavy Lifting: Cranes, Winches, MARKET MARKET FEATURE: FEATURE: Construction Windlasses & Capstan TECHNICAL TECHNICAL Training and Simulation Icebreakers FEATU

  • MR May-19#82 TECH FEATURE • PROPELLERS
Prop Tech to Cut Underwater)
    May 2019 - Maritime Reporter and Engineering News page: 82

    TECH FEATURE • PROPELLERS Prop Tech to Cut Underwater Noise Left: Tip vortex cavitation from unmodi? ed propeller. “PressurePores has a major mitigating effect on propeller cavitation and URN,” says David Taylor Image courtesy: Strathclyde University and Oscar Propulsion Propeller technology has

  • MR May-19#80 B
BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE
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    May 2019 - Maritime Reporter and Engineering News page: 80

    B BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE sampling pumps, valves, actuators, UV Both workshop and survey feedback ? ed cases where faults in control-system Crew Training and Competency lamps, etc.), or the improper installation indicated that there was inconsistent software and hardware failures

  • MR May-19#79 BWMS: Special Advertorial
How to Engineer a Reliable)
    May 2019 - Maritime Reporter and Engineering News page: 79

    BWMS: Special Advertorial How to Engineer a Reliable Ballast Water Management System By Pete Thompson, V.P. of Operations, Ecochlor Electrical engineer performs FAT on the Ecochlor treatment system generators at the new ProFlow manufacturing factory in North Haven, Connecticut USA. he ability of Ballast

  • MR May-19#78 B
BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE
William)
    May 2019 - Maritime Reporter and Engineering News page: 78

    B BALLAST WATER MANAGEMENT: TOWARD COMPLIANCE William Burroughs William is a Senior Principal Engineer at ABS responsible for promoting environmental related services and providing guidance in support of international, national and regional marine environmental regulations. Bill’s previous experience