# $197M for a US built Rock Carrier **URL:** \ **Category:** Professional Mariner Forum\ **Created:** [November 16, 2021, 4:57pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391 "2021-11-16T16:57:01Z")\ **Posts on this page:** 17\ **Page:** 1
**Author:** ![texastanker](https://avatars.discourse-cdn.com/v4/letter/t/a88e4f/32.png) [@texastanker](https://forum.gcaptain.com/u/texastanker)\ **Post date:** [November 16, 2021, 4:57pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/1 "2021-11-16T16:57:01Z")
> **[Philly to build first-ever subsea rock installation vessel for US market |...](https://www.tradewindsnews.com/shipyards/philly-to-build-first-ever-subsea-rock-installation-vessel-for-us-market/2-1-1098895)** > > Pennsylvania shipbuilder could earn as much as $382m from groundbreaking newbuilding deal $197M for a US built rock carrier. If your drive is US seagoing jobs, would have to think you could build these in china for $40M - How many more projects get done, how many more sailing jobs would there be without that initial enormous capital requirement. If your drive is to support US shipyards - mission accomplished. ---
**Author:** ![tengineer1](https://avatars.discourse-cdn.com/v4/letter/t/858c86/32.png) [@tengineer1](https://forum.gcaptain.com/u/tengineer1)\ **Post date:** [November 16, 2021, 5:44pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/2 "2021-11-16T17:44:52Z")
> [@texastanker](#): > > $197M for a US built rock carrier. If your drive is US seagoing jobs, would have to think you could build these in china for $40M I doubt 40M would cover the cost in China. It is an Ulstein design so they should be well built. Jobs for ship workers and later mariners to install wind farms offshore. Triple play. ---
**Author:** ![texastanker](https://avatars.discourse-cdn.com/v4/letter/t/a88e4f/32.png) [@texastanker](https://forum.gcaptain.com/u/texastanker)\ **Post date:** [November 16, 2021, 5:55pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/3 "2021-11-16T17:55:33Z")
truly hope you are right - in general, rule of thumb for delta us built vs far east is about 4 X - I am probably a little light at 40M - lets say 50M ?? ---
**Author:** ![tengineer1](https://avatars.discourse-cdn.com/v4/letter/t/858c86/32.png) [@tengineer1](https://forum.gcaptain.com/u/tengineer1)\ **Post date:** [November 16, 2021, 6:40pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/4 "2021-11-16T18:40:55Z")
The people having the ship built in the USA apparently thinks the tradeoff is worth it. These folks don’t pay premium price if they don’t think there is an advantage, usually. ---
**Author:** ![Capt\_Phoenix](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/capt_phoenix/32/281_2.png) [@Capt\_Phoenix](https://forum.gcaptain.com/u/Capt_Phoenix)\ **Post date:** [November 16, 2021, 7:55pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/5 "2021-11-16T19:55:20Z")
> [@texastanker](#): > > would have to think you could build these in china for $40M I wouldn’t want a Chinese built ship anyway. South Korean, definitely, but not Chinese. ---
**Author:** ![shipengr](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/shipengr/32/485_2.png) [@shipengr](https://forum.gcaptain.com/u/shipengr)\ **Post date:** [November 16, 2021, 8:06pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/6 "2021-11-16T20:06:59Z")
Looking at some historical Ulstein builds, a foreign built OSV half the size of this one would have cost you [$40-50mil 9yr ago](https://gcaptain.com/nordic-american-tankers-heads/). So all things considered in the current market I’d have thought the US build cost for this vessel would be higher. Hopefully they exercise for the second one! ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [November 16, 2021, 9:49pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/7 "2021-11-16T21:49:59Z")
Here is an article that is not behind a paywall: > **[Philly Shipyard Wins Contract to Build Specialized Vessel for U.S. Offshore...](https://www.vesselfinder.com/news/22203-Philly-Shipyard-Wins-Contract-to-Build-Specialized-Vessel-for-US-Offshore-Wind-Market)** > > Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (OSE: PHLY), on Monday announced it has won a contract from Great Lakes Dredge & Dock Company, LLC, the nation’s leading dredging company, to construct one Jones... Note; no X-Bow Who partner with Great Lakes Dredge & Dock Company, LLC on this project?? PS\> Here is another Ulstein designed stone dumper (with X-Bow), Van Oord’s Bravenes: > **[Bravenes - Ulstein](https://ulstein.com/references/bravenes-subsea-rock-installation)** > > Subsea rock installation vessel, suitable for installation of a wide range of rock sizes through a fallpipe in the moonpool, through a fallpipe over the side or through a tremie pipe over the side. With a DW of 14,000t, a length of 154 m and a beam... [![](https://us1.discourse-cdn.com/flex016/uploads/gcaptain_maritime_forum/original/3X/a/c/ac32a1facdd1a9b3b8e43ff225b02c769fe754eb.jpeg "Subsea rock installation vessel Bravenes") ](https://www.youtube.com/watch?v=VBaPOp_ueP8) ---
**Author:** ![Archive](https://avatars.discourse-cdn.com/v4/letter/a/e68b1a/32.png) [@Archive](https://forum.gcaptain.com/u/Archive)\ **Post date:** [November 17, 2021, 3:02pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/8 "2021-11-17T15:02:08Z")
Bravenes was built in China for an estimated 100-200 million Euros, a bit cheaper than this one, but not that much cheaper. Things being built in East Asia aren’t as cheap as they used to be, rising living standards there are meaning workers are asking to be paid more, wages are getting closer and closer to what people would ask for in historically more developed countries. Good news for heavy industries in developed countries as competition abroad is getting less attractive. > Van Oord, the Dutch family-owned dredging and offshore contracting group, has launched its latest specialty ship, the SRI (subsea rock installation) vessel Bravenes. Although Van Oord did not provide financial details of Bravenes, the vessel is believed to have cost between €100m and €200m. The Rotterdam company invests an average of €200m a year. > **[Dredging giant Van Oord launches latest rock-laying vessel - DutchNews.nl](https://www.dutchnews.nl/2018/05/dredging-giant-van-oord-launches-latest-rock-laying-vessel/)** > > Van Oord, the Dutch family-owned dredging and offshore contracting group, has launched its latest specialty ship, the SRI (subsea rock installation) vessel Bravenes. Although Van Oord did not provide financial details of Bravenes, the vessel is... ---
**Author:** ![texastanker](https://avatars.discourse-cdn.com/v4/letter/t/a88e4f/32.png) [@texastanker](https://forum.gcaptain.com/u/texastanker)\ **Post date:** [November 17, 2021, 5:42pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/9 "2021-11-17T17:42:53Z")
Thanks Archive - That is great info, good to see the US build both be competitive, and not put us at a competitive disadvantage that could limit projects. Great to see. ---
**Author:** ![whizbang](https://avatars.discourse-cdn.com/v4/letter/w/c5a1d2/32.png) [@whizbang](https://forum.gcaptain.com/u/whizbang)\ **Post date:** [November 17, 2021, 7:29pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/10 "2021-11-17T19:29:35Z")
Happy to see East Asian workers getting better wages and enjoying a higher standard of living. Anyone abandoning a race to the bottom mentality will be happier for it. I would hope that the US would see efficiency improvements if we directly invested in scaling up and modernizing the shipbuilding process. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [November 18, 2021, 9:35am UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/11 "2021-11-18T09:35:22Z")
> [@Capt\_Phoenix](#): > > I wouldn’t want a Chinese built ship anyway. South Korean, definitely, but not Chinese. Why?? Any good reason, other than “I don’t like China, they cheat us by selling thing we want at prices we like”? The Chinese Shipyards build ship for every serious shipping company in the world today. You want foreign designs to highest standard and complexity and foreign supplied machinery (much of it made in China on license, or by Chinese subsidiaries of foreign manufacturers) to go with it you pay about the same as to build in Korea, Japan, or in Europe. Come to think of it, isn’t that the same as what the few US shipyards that build commercial vessels do today?? If you can find the equipment list for any of the JA compliant OWF-vessels on order you can confirm that. (No foreign bent plates thought) PS\> Same apply to most newer fishing vessels, OSVs and tankers built at US yards. ---
**Author:** ![Brian\_Biddle](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/brian_biddle/32/23505_2.png) [@Brian\_Biddle](https://forum.gcaptain.com/u/Brian_Biddle)\ **Post date:** [November 18, 2021, 11:59pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/12 "2021-11-18T23:59:05Z")
That is one incredible ship. So versatile. ---
**Author:** ![powerabout](https://avatars.discourse-cdn.com/v4/letter/p/43a26b/32.png) [@powerabout](https://forum.gcaptain.com/u/powerabout)\ **Post date:** [November 19, 2021, 4:21am UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/13 "2021-11-19T04:21:02Z")
Ulstein design says well designed, its doesnt mean well built ---
**Author:** ![KPChief](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/kpchief/32/26_2.png) [@KPChief](https://forum.gcaptain.com/u/KPChief)\ **Post date:** [November 20, 2021, 12:35am UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/14 "2021-11-20T00:35:25Z")
8 posts were split to a new topic: [Off topic of US Built Rock Carrier](https://forum.gcaptain.com/t/off-topic-of-us-built-rock-carrier/61429) ---
**Author:** ![cpgrabow](https://avatars.discourse-cdn.com/v4/letter/c/f4b2a3/32.png) [@cpgrabow](https://forum.gcaptain.com/u/cpgrabow)\ **Post date:** [November 22, 2021, 12:28am UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/15 "2021-11-22T00:28:44Z")
> [@Archive](#): > > Bravenes was built in China for an estimated 100-200 million Euros, a bit cheaper than this one, but not that much cheaper. FWIW another rock installation vessel with a similar capacity was built in Singapore around 2010 for 115 million Euros: [Tideway receives third fall-pipe vessel | Offshore](https://www.offshore-mag.com/rigs-vessels/article/16795526/tideway-receives-third-fallpipe-vessel) In current dollars and exchange rate I think that is around $165 million. I don’t think there is any way that Philly would be building this vessel if it wasn’t required by the Jones Act. Perhaps also worth recalling that Philly lost money on their last commercial contract (two Aloha-class ships for Matson). ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [November 22, 2021, 10:48am UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/16 "2021-11-22T10:48:55Z")
Final installation work was carried out in the Netherlands according to this article: > **[Three offshore ships from Singapore](https://www.shipandoffshore.net/news/shipbuilding/detail/news/three-offshore-ships-from-singapore.html)** > > The service provider of system integration Imtech Marine recently completed supply packages for three vessels being built in Singapore. All three specialised newbuildings will operate in the oil and gas market. > [@](#): > > The “Flintstone” was built for the DEME Group at Sembawang Shipyard. Imtech Marine started with the assignment for the main power equipment and gradually expanded. It was also asked to draw up the specifications for the power management system, the LV and HV power distribution and the systems for navigation and DP, as well as to supply and integrate those systems. Imtech also carried out the project management and did the commissioning support at the shipyard in Singapore. At the moment the newbuilding is at Huisman-Itrec in Schiedam to finalise the stone dumping system and for extensions to the DP-system, the bridge installation and the network. > With a fall pipe of 2,000m, the newbuilding can also be used in the deeper oil fields of Brazil, West Africa and the Gulf of Mexico. PS\> Whether that is counted into the Eu 115 mill. is not said though. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [November 29, 2021, 5:55pm UTC](https://forum.gcaptain.com/t/197m-for-a-us-built-rock-carrier/61391/17 "2021-11-29T17:55:01Z")
Another assignment for Bravenes: > **[Seaway 7 taps Van Oord for Seagreen offshore wind farm work - Splash247](https://splash247.com/seaway-7-taps-van-oord-for-seagreen-offshore-wind-farm-work/)** > > Seaway 7, the main Seagreen contractor, has hired Dutch offshore marine services group Van Oord to install scour protection around the 114 wind turbine foundations at the Seagreen offshore wind farm, located 27 km off the coast of Angus in Scotland....