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Tug Operator Completes Takeover

Tugboat operator Adsteam Marine Ltd. has completed its purchase of rival Newcastle operator Hunter Towage Services Pty Ltd. Adsteam operates in Newcastle through Waratah Towage, a joint venture with Howard Smith Ltd.


OII Announces Extension of Ocean Legend Contract

Oceaneering International, Inc. (OII) announced that the primary contract term for use of the Ocean Legend mobile offshore production system (MOPS) has been extended from three to five years effective May 17, 2002. The primary contract term will now terminate in May 2006. The Ocean Legend is working offshore Western Australia under a services agreement with Woodside Energy Ltd., on behalf of a joint venture comprising Woodside Energy Ltd., Apache Northwest Pty. Ltd., and Santos Limited.


Waratah Joint Venture Given Green Light

Waratah Joint Venture Given Green Light Waratah was cleared by Australian authorities to buy a towage business and tug from The Broken Hill Pty Co Ltd.


Austal Opens New U.S. Shipbuilding Facility

On November 17, Mobile, Alabama-based Austal USA celebrated the grand opening of its new construction facility with a ribbon-cutting ceremony. This event took place just 11 months to the day after breaking ground on the project on January 17, 2005. Several notable VIPs participated in the ceremony, including: State of Alabama Director of Development Neal Wade, Mobile County Commission President Mike Dean, Mobile Mayor Sam Jones, John Rothwell (Austal Ltd


Austal USA to Build Two Supply Vessels for Candies

Austal USA, the joint venture company of Australia's Austal Ltd. and Bender Shipbuilding & Repair, has secured a two-vessel order for the construction of 150 ft. aluminum crew supply vessels to operate in the Gulf of Mexico. The vessel pair, which has been ordered by Otto Candies of Des Allemands, La., is scheduled for delivery in early 2002. This new order adds on to the current 82 ft. high-speed passenger catamaran that Austal USA is constructing for an unnamed owner.


Go Marine Group Sells 7 Offshore Support Vessels

Go Marine OSV: Photo courtesy of the owners

Singapore's Otto Marine Ltd. says that its 90% owned subsidiary, Go Marine Group Pty Ltd. has entered into a Memorandum of Agreement to sell the 7 vessels concerned to RSOV Marine Pte Ltd for an aggregate sum of US$10 million. The vessels are named: GO 4 IT, GO Puriya, GO Shaula, Piparn, Yikara, Minotaur and Centaur. Otto Marine add that Mr Yaw Chee Siew, its Executive Chairman and controlling shareholder, owns a 29% interest in the issued and paid-up share capital of the buyer


Arctic P Chase Boats Convert to Waterjets

Two 12-m chase boats aboard the Australian-based mega yacht Arctic P has been successfully converted from stern drives to waterjet propulsion. Hamilton Jet, local jet distributor Wiltrading Pty Ltd. and boat builder Stebercraft Pty Ltd. worked closely to retrofit the craft as quickly as possible. The first of the two chase boats, which are deck mounted on the 288.7 ft. (88 m) Arctic P, was urgently converted late last year


Incat and Revolution Design Awarded Design Contract by U.S. Military

Incat Tasmania Pty Ltd and Revolution Design Pty Ltd are pleased to announce they have been awarded one of three US multi-million dollar design contracts by the US Department of Defense. The Tasmanian based companies are part of an internat ional consortium responding to the United States Department of Defense (DoD) acquisition program for the Joint High Speed Vessel (JHSV). The JHSV program brings together United States Navy, Army,


Austal Gets Oman NFC Fleet Maintenance Contract

The Sultanate of Oman’s National Ferries Company (NFC) awards Austal a new 12-month vessel maintenance contract. Austal had previously held a three-year Vessel Maintenance Services Agreement which concluded in October this year. Under this new 12-month contract, Austal will support and maintain two 52 metre patrol vessels for the Royal Oman Police Coast Guard, three high speed vehicle-passenger ferries and one landing craft.


ROV Support Vessel Sold by Otto Marine

An Otto Marine Vessel: Photo courtesy of Otto Marine

Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd. The company has received a deposit of US$1 million from the buyer for the transaction with the balance to be paid upon delivery of the vessel, which is being built at the Otto Marine shipyard in Batam, Indonesia.


BAM Clough And SAL To Move LNG & LPG Product Loading Platforms

SAL MV SVENJA

  SAL Heavy Lift GmbH, through its wholly owned Singapore subsidiary, SAL Heavy Lift Singapore Pte Ltd, has signed a major new contract with Australia's BAM Clough Joint Venture for shipping and deployment of LNG and LPG product loading platforms for the INPEX-operated Ichthys LNG Project


Strategic Marine Delivers MV Thaiyak

MV Thaiyak (Photo courtesy of Strategic Marine)

Strategic Marine delivers Ashmore Reef On-Station Vessel Thaiyak to the Australian Customs and Border Protection Service Specialist shipbuilder Strategic Marine has delivered the On-Station vessel Thaiyak to the Australian Customs & Border Protection Service (ACBPS).


Altair Acquires EM Software & Systems – S.A.

Altair

Altair acquired 100 percent of EM Software & Systems – S.A. (Pty) Ltd and its international distributor offices in the United States, Germany, and China this month. This development adds the FEKO® solver to the HyperWorks® suite and strengthens the Altair simulation offering in


Australia Approves Adani's $16 bln Carmichael Coal Project

Gautam Adani

  The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater. The Carmichael mine


Konecranes Appoints Flynn as Executive VP

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Ryan Flynn is returning to Konecranes Plc and he has been appointed Executive Vice President and Head of Business Area Equipment. Flynn will be a member of the Konecranes Group Executive Board and will report to Pekka Lundmark, President & CEO


Robert Allan Sign Tugboat Design Contracts in Netherlands

Contract signing: Photo Robert Allan

Robert Allan Ltd informs of the signing of two contracts during a recent Canadian Trade Mission to the Kingdom of the Netherlands. Details of the contracts are as follows: Contract for ART 80-32 The first signing covered the new ART 80-32, designed by Robert Allan Ltd


Keel-Laid for Navy's 10th LCS at Austal Yard

A Littoral Combat Ship: USN photo

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs the Program Executive Office Littoral Combat Ships. The ship's sponsor, Roxanna Green, was unable to attend the ceremony


ICTSI Wins Long-Term Montreal Port Contract

Port of Melbourne: File photo

Philippine-based International Container Terminal Services Inc (ICTSI) said on Friday its Australian unit would invest up to A$548 million ($508 million) to build and operate port facilities in Melbourne. ICTSI told the Philippine Stock Exchange its Victoria International Container Terminal Ltd


Padbury Shares Dive as Aussie Port Deal Scrapped

File image

Shares in Australia's Padbury Mining Ltd plunged as trading in the stock resumed after its plans for a deal to build a $6.5 billion iron ore port and rail network collapsed within a month of being announced. Padbury, a small explorer, surprised markets on April 11 when it said it had lined up


Philippines' ICTSI Bags Australian Port Deal

Philippine-based International Container Terminal Services Inc (ICTSI) said on Friday its Australian unit would invest up to A$548 million ($508 million) to build and operate port facilities in Melbourne. ICTSI told the Philippine Stock Exchange its Victoria International Container Terminal Ltd


Austal Launches Third Cape Class Patrol Boat

Cape Class Patrol Boat - Cape Nelson

Austal announced the launch of the third-in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia on 5 May 2014. Cape Nelson is the third of eight 56-metre patrol boats that are being delivered to the Australian Customs and


Speedcast Announces Buyout

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Speedcast announces buyout; also announces appointment of new Board Director and Chairman. SpeedCast Ltd. announced the buyout of SatComms Australia, a satellite solutions provider in Australia. The closing of the transaction is subject to regulatory approval


GE Gas Turbines Power LCS USS Coronado

Photo: GE Marine

Littoral Combat Ship USS Coronado (LCS 4) was commissioned by the United States Navy on April 5 at its home port of San Diego, California. GE Marine reported that this Independence-variant LCS is powered by two GE LM2500 marine gas turbines.


Conditional Settlement of Leighton Class Action

Leighton Holdings

Leighton Holdings Limited announces that it has entered into a conditional agreement to settle the shareholder class action brought against it in relation to the 11 April 2011 disclosure of a revision of its profit forecast for the 2011 Financial Year.  


Lockheed, Austal Respond to U.S. Navy Query on Small Warship Ideas

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Lockheed Martin Corp and Australia's Austal on Thursday submitted their best ideas for the U.S. Navy's next small warship, as a Navy task force continues to reassess the future of its $34 billion Littoral Combat Ship (LCS) program. The Navy last month asked U.S






 
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