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.
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.
Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed. Aqualis Offshore’s work scope is to provide a Failure Modes and Effects Analysis (FMEA) study for Control and Alarm Monitoring System (CAMS), Emergency Shutdown System (ESDS)
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
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)
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
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
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.
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 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
Royal Boskalis Westminster N.V. (Boskalis) has been appointed the preferred Offshore Balance of Plant contractor by Vattenfall for the construction of Aberdeen Offshore Wind Farm, also known as the European Offshore Wind Deployment Centre.
Gibraltar’s Gibdock shipyard has completed an extensive package of work on Solstad Shipping’s Normand Cutter. The 127m long, 10,979grt construction support vessel (CSV) left the yard on June 29th following a 22-day drydock programme
Gibraltar’s Gibdock shipyard has completed its scope of work on Solstad Shipping’s Normand Cutter, a 127-meter-long, 10,979grt construction support vessel (CSV) that left the yard on June 29 following a 22-day drydock program, which included an overhaul of its entire propulsion system
The riser platform construction start was marked today at the Samsung Heavy Industries yard in South Korea. Project director for Johan Sverdrup Kjetel Digre (from right), project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy
Global excess oil supply still looks likely to average 0.5m bpd in 2016 – sufficient, it would seem, to stop oil prices rising much above $50/bbl and therefore to forestall a recovery in E&P activity and the offshore markets, Clarksons Research.
The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India. This study is a significant step forward in preparing a roadmap for
The Polar Research Institute of China has ordered a new 14,300gt polar research vessel. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China, though a shipyard has yet to be named. The 122.5-meter multifunctional icebreaker will be able to handle
Fugro has deployed multi-purpose offshore survey vessel Fugro Gauss to join the Fugro Brasilis offshore Mexico, to help complete the world’s largest seep-hunting survey for multiclient geoscience data company, TGS. Both Fugro vessels are using hull-mounted multibeam echosounders (12 kHz
MacGregor, part of Cargotec, has won an order to supply MacGregor offshore cranes and a Triplex handling system for a 14,300gt polar research vessel being built for the Polar Research Institute of China. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China;
At least two offshore oil platforms halted operations on Tuesday in the U.S. Gulf of Mexico after a fire at a natural gas processing plant in Mississippi shut a crucial pipeline that brings output onshore, several companies said. The fire at Enterprise Products Partners plant in
Two Damen ASD 3212 tugs for towage and salvage specialist Multraship have been named on June 24 at Terneuzen, the Netherlands. The Multratug 29 and Multratug 30, named respectively by Rita de Ruijter- Ribbens and Els Otten- Muller, were built at the Damen Song Cam Shipyard in Vietnam
Wärtsilä is enhancing its service offering by participating in a new maintenance hub in the Canary Islands. The facility, operated by one of Spain's biggest shipbuilding and ship repair groups, Zamakona Yards, will provide Wärtsilä's high quality service expertise to satisfy
Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO. GMV will utilize Corvus’ next generation Orca Energy ESS to support the vessel’s entire energy requirements
Survitec Group announced a transformational deal with the Marine Safety business of Wilhelmsen Maritime Services AS (WMS), in which WMS will transfer into Survitec all related safety products and services, including Wilhelmsen Technical Solutions
The first of two service operation vessels (SOV) ordered in 2015 by Bernhard Schulte Offshore (BS Offshore) and its client Siemens from Ulstein Verft in is now completed, and was delivered on June 23, 2016. The vessel is built to the ULSTEIN SX175 design, which according to Ulstein