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OFFSHORE BUILDING

Friede Goldman In Deal To Buy Halter Marine

Friede Goldman In Deal To Buy Halter Marine In a deal that will create the U.S.’ most prolific offshore building company, Friede Goldman International Inc. announced plans earlier this week to buy ship builder Halter Marine Group Inc. The agreement is valued at about $220 million calls for each Halter share to be exchanged for 0.4614 share of Friede Goldman.


Anything but Standard: Damen Newbuild and Repair Group Targets Global Growth

 Damen’s repair and conversion yard in Schiedam.

From a single newbuild and repair yard near Rotterdam in 1927, the family-owned Damen Shipbuilding group has expanded to 38 shipyards and related companies involved in new construction as well as repair and maintenance activities. Now with more than 8,000 employees and a presence in 34 countries, the Netherlands-based Damen group has become one of the world’s most successful shipbuilding businesses, thanks largely to its production methods and ever-expanding design portfolio.


Gulf Capital Acquires Stake in Maritime Industrial Services Co.

According to Rigzone, Gulf Capital has acquired, as part of a large investment consortium, a 21% stake in Maritime Industrial Services Co. (MIS) was acquired as part of a larger private placement that raised $80 million for MIS on the Norwegian over the counter (OTC) market. The private placement will enable MIS, which provides a fully integrated onshore and offshore engineering, procurement, fabrication, construction and shipyard service


Daewoo wins $430m Contract to Build Drill Ship

Daewoo Shipbuilding Marine & Engineering Co., won a $430m order to build an offshore drill ship. The deal from Odfjell Invest Ltd. calls for Daewoo Shipbuilding to deliver the semi-submersible ship by June, 2010, the company said. Daewoo Shipbuilding said that the deal includes an option to build another drill ship. The company won a total of $4.3 billion worth of orders in 2006 to build offshore facilities such as platforms and rigs


Keppel Wins $230m in Ship Contracts

Keppel Singmarine Pte Ltd (Keppel Singmarine), the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), won four contracts worth $230 m to build six offshore support vessels (OSV) and a derrick pipelay vessel. Delivery dates for these vessels are expected between the second half of 2009 and the first half of 2010. This is the first time that Keppel Singmarine is building a derrick pipelay vessel, and for a new customer, Global Offshore International Ltd (Global Offshore)


Keppel Secures B Class Jackup Rig Order

Keppel-logo.jpg

Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013, the rig will be able to operate in water depths of 350 feet with a drilling depth of 30,000 feet and accommodate 120 men.


Aker Yards to build AHTS for NorSkan Offshore

Aker Yards has been awarded a contract worth approximately $47.5 million by NorSkan Offshore Ltda., Brazil, to build an Anchor Handling Tug Supply (AHTS) vessel. Delivery is scheduled for April 2007. NorSkan Offshore is an offshore supply vessel company owned by Solstad Offshore ASA and DOF ASA in Norway on a 50/50 basis, and is focusing on the strong Brazilian offshore vessel market.


Shipbuilders Cash In on Special Vessels

According to reports, South Korean shipbuilders are profiting more from selling high-value units such as offshore plants and liquid gas carriers than ever. Daewoo Shipbuilding and Marine Engineering, already has won a record-high $7 billion in building orders this year, which exceeds last year's record of $6.6 billion. Such high performance was largely affected by the sales of four offshore oilrig units, which amounted to $1.9 billion in total.


Offshore Construction Vessel Goliath Delivered

One of the world’s largest multi-purpose offshore construction vessels (OCVs), the OSA Goliath, built for Singapore-based Coastline Maritime, has been built to ABS standards. The unit is 590 ft by 39.5 ft with a deadweight of 22,000 tons. It is equipped with a dynamic positioning rating of DP-3 and features a 2,000 ton crane that can be used to install offshore platforms, deepwater pipelines and offshore wind turbines


OSD Seals Ten New PSV Orders

IMT-982 PSV depiction.

Offshore Ship Designers has sealed ten new design contracts for large diesel-electric Platform Supply Vessels for two major offshore operators building at three shipyards in Brazil, Japan and Spain.   Swire Pacific Offshore Operations (Pte) Limited has ordered four IMT-997 Platform Supply Vessels to be built by Universal Shipbuilding Corporation in Japan and four sister vessels to be built at the EISA shipyard in Brazil


Former CIA Spy Ship Becomes Victim of Oil Slump

U.S. Government Photo

A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub is heading to the scrap yard, a victim of the slide in oil prices.   Christened the Hughes Glomar Explorer, after billionaire Howard Hughes was brought in on the CIA's deception


Palmer Johnson Yatchs Shuts Sturgeon Bay, Moves to Europe

Image:  Palmer Johnson Yachts

 Luxury yacht manufacturer Palmer Johnson Yachts is closing its production facilities in Sturgeon Bay because of dwindling sales and competition from overseas.   In a plant closing notice filed Wednesday with the Wisconsin Department of Workforce Development


Elandra Yachts Expands Gold Coast Operations

Tom Barry, Cotter and Luke Durman

  Australia’s newest luxury motor yacht brand Elandra Yachts has expanded its Gold Coast operations on the back of rapid growth and increased interest from Australian and international buyers. The high-end marine vessel manufacturer has acquired a further 1


3Si Group Launches Offshore Division

Photo: 3Si Offshore

3Si Group, whose global portfolio of marine safety products and services covers commercial, leisure and military markets, has announced the formation of 3Si Offshore, a division that will specifically focus on the North Sea offshore sector.


SSI to Showcase Marine Information Model

SSI's CAD/CAM ShipConstructor software utilizes a Marine Information Model (MIM) to store a wealth of data that can be leveraged for maintenance, repair and lifecycle support.   Slated to exhibit at the American Society of Naval Engineers' Fleet Maintenance & Modernization Symposium


Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management. These new features will benefit all shipbuilders, the developer noted


SMOE Wins $1bln Multi-platform Culzean Contract

Image: Sembcorp Marine

 Singapore's offshore services provider Sembcorp Marine has won an engineering, procurement and construction (EPC) contract worth over USD1 billion for the Culzean field development project in the North Sea.   Sembcorp Marine subsidiary SMOE construction contract  will cover the


Subsea 7 Bags $150 million Offshore UK Contract Maersk

Image: Subsea 7 SA

 Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea.   The ultra-high pressure, high temperature field


Irving Begins Building Canada's First Arctic Offshore Patrol Ship

Kevin McCoy, President of Irving Shipbuilding and hundreds of employees at the Halifax Shipyard mark the start of production of the first Arctic Offshore Patrol Ship today (CNW Group/J.D. Irving, Limited)

Hundreds of employees gathered in Irving Shipbuilding’s new Assembly Hall at the Halifax Shipyard to celebrate the start of production of Canada’s first Arctic Offshore Patrol ship (AOPS). “Today is a milestone we have all been anticipating


Rapid Oil Spill Response Vessel Launched

George Penman (Photo: WCMRC)

Western Canada Marine Response Corporation (WCMRC) launched their newest oil spill response vessel in Burrard Inlet. The boat, named after former employee George Penman, was christened at a private ceremony in Coal Harbour. The $4.5 million G.M


Keppel Delivers Jackup to UMW-OG

Photo: Keppel

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG). It was completed 32 days ahead of schedule, on budget and with a perfect safety record


Offshore Operators Can Simplify Safety Equipment Logistics

(Photo: VIKING)

Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance for their safety equipment with minimal in-house administrative overheads in a new, cost-focused paradigm.  


Otto Marine Signs Contracts to Supply 2 AHTS Vessels

Photo: Otto Marine Limited

 Go Offshore,  wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company.   The two contracts are in respect of two 16


Kirby Selects ABS as Subchapter M Solutions Provider

James Watson, ABS Americas President & COO (image: courtesy ABS)

Proactive effort shows commitment to safety and environmental protection. ABS, a provider of maritime shipping and offshore classification services, has been selected by Kirby Corporation to provide classification and International Safety Management certification for 11 push boats


CTruk Delivers Wind Farm Support Vessel

Photo: CTruk

Shipbuilder CTruk Boats, a manufacturer of composite wind farm support vessels (WFSV), has delivered the second workboat in a two-craft order from CWind.   The MPC22 WFSV CWind Spirit was officially named at a ceremony in Ipswich and is the latest addition to a stable of nearly 30 WFSVs






 
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