India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Photo: BAE Systems
EPIC Alabama Shipyard will be purchasing the former BAE Mobile shipyard which it will use for ship repair and maintenance services to customers in the Gulf of Mexico.
Epis is owned by Houston-based Epic Companies, LLC, which provides offshore construction and decommissioning services to the global offshore energy sector. The company will also service vessels from its own fleet in Mobile.
The Mobile shipyard will be acquired from BAE Systems Southeast Shipyards Alabama and includes all of its related shipyard facilities in Mobile, Alabama.
With the acquisition, Epic intends to provide ship repair and maintenance services to its customers utilizing the existing facilities and dry docks, including the Alabama Dry Dock, currently one of the largest in the Gulf of Mexico. The company says it is also exploring opportunities to fabricate offshore structures and newbuild barges and small vessels in Mobile, adding that it will be working closely with the City of Mobile and the State of Alabama in developing a local workforce as its operations grow.
“Mobile is perfectly situated to support the maritime and energy sector, both in the Gulf of Mexico and throughout the Caribbean,” commented Epic executive Rob Gilbert.
BAE announced February 2018 its plans to shut down its ship repair operation in Mobile due to the prolonged downturn in the offshore energy market. Repair work at the yard wrapped up over the summer, leading to the termination of 155 of the 170 employees at the yard at the time.
The Mobile shipyard has been owned by BAE since 2010 after purchasing it from the former owner Atlantic Marine.
In 2013, employed and expects to reach 1,500 workers by the end of 2013.
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