Gulf Island Shipyard receives contract modification from OSU for second regional class research vessel
Wednesday, Jun 13, 2018
Gulf Island Fabrication, Inc. announced that through its Shipyard Division, it has received a contract modification for a second newbuild for the construction of an additional Regional Class Research Vessel (RCRV) for Oregon State University (“OSU”). The first vessel was awarded in July of 2017 which included options for two additional vessels. These state-of-the-art ships will be highly flexible, multi-mission platforms that maximize energy efficient design concepts. The vessels will be built in Houma, Louisiana. These vessels will be ABS Ice-Class C0 and DPS-1, Green Marine-Certified, acoustically quiet, and carry up to 29 crew and embarked scientists per vessel. Revenue and man-hour backlog associated with this award will be included in the second quarter’s report.

Kirk Meche, President & CEO of Gulf Island, commented, “We are very pleased that OSU has exercised their first option for the second RCRV. Our shipyard team and the OSU team have been working very closely since the first vessel contract award back in July of last year and we look forward to continuing these efforts with the second vessel. Our shipyard has now been successful in adding over $350 million in new orders to their backlog since early last year with awards coming from commercial transportation, government research and transportation, and the defense industry including the U.S. Navy among other markets.”

Dr. Roberta Marinelli, Dean of OSU's College of Earth, Ocean, and Atmospheric Sciences, commented, "OSU has enjoyed working with Gulf Island Shipyards over the last several months on the first vessel and we are excited to move forward with the second vessel. We are also looking forward to delivering the nation's newest class of oceanographic research ships to the National Science Foundation and the ocean science community. Gulf Island's reputation for quality work and customer service are a perfect fit for this important project."

For more information, please visit: https://www.gulfisland.com

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