AUSTAL SHIPS PTY LTD
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.
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 was cleared by Australian authorities to buy a towage business and tug from The Broken Hill Pty Co Ltd.
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, 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.
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$10 million. The vessels are named: GO 4 IT, GO Puriya, GO Shaula, Piparn, Yikara, Minotaur and Centaur. Otto Marine add that Mr Yaw Chee Siew, its Executive Chairman and controlling shareholder, owns a 29% interest in the issued and paid-up share capital of the buyer
Two 12-m chase boats aboard the Australian-based mega yacht Arctic P has been successfully converted from stern drives to waterjet propulsion. Hamilton Jet, local jet distributor Wiltrading Pty Ltd. and boat builder Stebercraft Pty Ltd. worked closely to retrofit the craft as quickly as possible. The first of the two chase boats, which are deck mounted on the 288.7 ft. (88 m) Arctic P, was urgently converted late last year
Incat Tasmania Pty Ltd and Revolution Design Pty Ltd are pleased to announce they have been awarded one of three US multi-million dollar design contracts by the US Department of Defense. The Tasmanian based companies are part of an internat ional consortium responding to the United States Department of Defense (DoD) acquisition program for the Joint High Speed Vessel (JHSV). The JHSV program brings together United States Navy, Army,
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 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.
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that it has entered into a time charter contract with Rio Tinto Shipping Pty, Ltd., Melbourne, Australia, through a separate wholly-owned subsidiary, for one of its Panamax dry bulk carriers, the m/v Melia. The gross charter rate is US$9,700 per day, minus a 3
Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down under with Keppel Logistics (Australia) Pty Ltd. The wholly-owned subsidiary of Keppel Logistics will manage a 10
BigLift Shipping today celebrated the naming of its new heavy lift vessel, Happy Star, at a ceremony held at Huisman China’s yard in Xiamenand. The christening was performed by Leanda Breakell, spouse of Greg Breakell, Managing Director of ThyssenKrupp Industrial Solutions (Australia) Pty Ltd
As from the start of October 2014, KOTUG is assisting all LNG vessels at the Brunei LNG Terminal with three powerful Rotortugs. Brunei Shell Petroleum Company awarded KOTUG as its exclusive towage provider with a 24/7 operation, supported by local management.
Brisbane-based shipbuilders Aluminium Boats Australia Pty Ltd has been placed into voluntary administration after a shipyard fire in August has set the company toward financial instability. The fire, which occurred at the company’s Hemmant dockyard 11 weeks ago
Condor Ferries says it has completed purchase of the Austal 102, a state-of -the-art high speed ferry which will operate between the Channel Islands and the UK. The latest addition to the Condor fleet will come into service in spring 2015 and will secure the future of high speed ferry services
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announced securing new licences for Blocks 2312 & 2412A (the Central Blocks) and Southern Block 2714A, Namibia and Update on Namibian Portfolio
The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone, the official transfer of the vessel from the shipbuilder to the Navy. USNS Fall River is the U.S
The U.S. Navy accepted delivery of USNS Fall River (JHSV 4) from Austal USA yesterday, a week shy of six months from the date they took delivery of JHSV 3. This is the fourth Joint High Speed Vessel (JHSV) delivered to date for the JHSV Program which totals 10 ships at over $1.6 billion.
A steel cutting ceremony held last week at the Singapore shipyard of partner company, ASL Shipyard Pte Ltd. marked the start of construction for the first of three infield support vessels (ISVs) being constructed by Perth-based KT Maritime Services Australia Pty Ltd to support Shell’s
AG&P ALE Ventures Pty Ltd., an Australian-based consortium says it has successfully deployed its proprietary mobile port solution, the Hydro Deck, to deliver the first modules to the Northern Territory’s largest-ever construction project, the INPEX-operated Ichthys LNG Project
Design of the next generation of anti-ship missile decoys is set to commence following the signing of two contracts between the Australian Defense Force and BAE Systems Australia Pty Ltd. Defense Materiel Organization Chief Executive Officer Warren King said the contracts represented continued
Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV 5) - the second Joint High Speed Vessel (JHSV) launched by Austal in 2014. This 103-meter high-speed catamaran represents the U.S
Transcendent Resources Limited (Fosun), a wholly-owned subsidiary of Fosun International Limited and Roc Oil Company Limited, are pleased to announce that Fosun has received acceptance instructions from Allan Gray Australia Pty Ltd (18.9%) in respect of the off-market takeover bid by Fosun to
Office to provide local support to LCS and JHSV programs. On October 8th, Austal celebrated the opening of our San Diego, Cal., Operations Office with a ribbon cutting ceremony. Joining Austal’s representatives at the ceremony were Mayor Cheryl Cox of the City of Chula Vista; City
Austal launched yesterday its fifth in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia. Cape Jervis is the fifth of eight 58-metre patrol boats that are being delivered to the Australian Customs and Border