Samsung Heavy Industries and the Russian shipowner JSC Sovcomflot have signed a contract for the construction of three high ice class 70.000 tdw Arctic shuttle tankers. This contract is based on a conceptual design developed by Aker Arctic. SHI will work under a co-operation and licence agreement with Aker Arctic, according to which Aker Arctic has given and will give support to SHI in designing and constructing these vessels. The three tankers, which are due to be delivered between end of 2007 and March 2009, will have an icebreaking bow and hull form which will allow the vessels to break ice up to 1.5 meters in thickness both ahead and astern, giving them possibility to operate practically independently on their shuttle route between the Varadei terminal and Murmansk for exports of crude oil from jointly by LUKoil and ConocoPhillips operated onshore oil fields. The high ice class vessels are to fly Russian flag and will have diesel-electric machinery and they will be fitted with twin 10 MW pod drives.
Aker Arctic Technology of Finland and the St. Petersburg based FSUE Admiralty shipyards signed a contract for a license and design including classification package of two 70,000 dwt double-acting Arctic shuttle tankers, which the yard is building for ZAO Sevmorneftegaz for the Prirazlomnoye oil field in the Arctic Ocean. The ships are the largest tankers so far built by the yard and will be delivered towards the end of 2007 and respectively 2008.
After the acquisition of 66.4% of the shares by Finnish Industry Investment Ltd (fully owned by the State of Finland) Aker Arctic Technology Inc.’s extraordinary shareholders’ meeting today appointed the new Board of Directors for the company. Ole Johansson was nominated Chairman and Juha Marjosola Vice-Chairman of the Board. The board members are Ole Johansson, Juha Koskela (ABB Oy), Antti Kummu (Finnish Industry Investment)
A plan has been organized by State Oceanic Administration (SOA),China, Chinese Arctic and Antarctic Administration (CAA) and the Polar Research Institute of China (PRIC) to build an advanced new icebreaking research vessel to meet the increased need of polar scientific research. The new vessel will be equipped with advanced scientific equipment for polar oceans research. The integrated survey systems include marine geological and geophysical equipment
Aker Arctic Technology Inc and Navis Engineering Oy have signed an agreement on joint development of Dynamic Positioning systems for ice operation. The companies plan to jointly develop next-generation DP-system technology tailored for ice operation by utilizing their core know how and technologies. The development includes improved control algorithms, testing of the systems and utilising new more intelligent technology to overcome the ice challenges
Arctech Helsinki Shipyard has been awarded a contract to build a multipurpose emergency and rescue vessel for Russian Ministry of Transport. The contract has been awarded together with Shipyard Yantar JSC. The value of the order is about EUR 76 million. The project will start immediately and the vessel will be delivered to the customer in December 2013. The hull of the vessel will be built by Shipyard Yantar, which is one of the shipyards belonging to United Shipbuilding Corporation
International classification society Bureau Veritas has published new rules for Polar Class vessels and specific guidance on ice/structure interaction. The rules are aimed at speeding Arctic and Caspian Sea oil and gas development by facilitating the building of tank, cargo and offshore service vessels which can operate unsupported by icebreakers in very heavy ice. The guidance note aims to facilitate floating LNG and oil platform construction in high Arctic conditions.
On 22 March 2011, STX Finland Oy and Gaiamare Ltd signed a contract for the construction of an innovative and versatile multipurpose deck cargo vessel. The ship will be delivered during spring 2012 and has a length of 105 metres a width of 19 metres. The environmentally friendly ship will provide work for about 300 persons. The concept development for the vessel has been done in close cooperation between STX Finland and Gaiamare
International oil service group Aker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner. "The buy-out will support Aker Solutions' growth plans in North America and be the foundation for further expansion in St. John's and Atlantic Canada. This is a firm commitment from Aker Solutions to continue to invest in this region to offer the best possible support to our
Aker Yards and FLC West have completed the previously announced transaction in which FLC West comes in as a 70 percent shareholder in three shipyards in Germany and Ukraine. The agreement has been approved by all relevant regulatory authorities. The transaction strengthens Aker Yards' financial capacity and liquidity, and it improves the potential for further development of the three involved yards. Aker Yards ASA has consisted of 18 shipyards around the world
The European Parliament has passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region, informs Greenpeace. The move represents a clear break from the current positions of ‘Arctic Council’ members
Shipping losses decline, but emerging risks pose serious challenges to marine industry, according to Allianz study. 94 large ships lost worldwide in 2013, down 20% from last year. Total ship losses in continental U.S. hits all time low.
The European Parliament today passed a resolution calling for a protected area around the North Pole which could ban oil companies and industrial fishing fleets from the region. The text echoes the demands of an international campaign which has attracted the support of over five million people
The Siberian Department of Spetsstroy of Russia has begun work on the construction of buildings and structures on one of the islands of the Severnaya Zemlya archipelago, commissioned by the Ministry of Defence of the Russian Federation, reports the official agency Arctic-Info.
The analysis considers that the US Arctic Ocean presents almost a perfect storm of risks: a requirement for a long-term capital-intensive investment for uncertain return; a remote and uniquely challenging operating environment; ongoing court challenges; a lack of extraction and spill response
The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea. It is a significant win for Lloyd’s Register Consulting as Aker Solutions is one of the world’s largest providers of
Today in U.S. Naval History - March 3 1776 - First amphibious landing operation. Continental naval squadron under Commodore Esek Hopkins lands Sailors and Marines, commanded by Captain Samuel Nicholas, on New Providence Island in the Bahamas, capturing urgently-needed ordnance and gunpowder.
Norwegian oil explorer Det norske made a small oil discovery in the Arctic Barents Sea with a gross oil column of about 30 metres and much poorer reservoir quality than expected, the Norwegian Petroleum Directorate said on Monday. Det norske earlier said it found some oil in the prospect but
The U.S. Navy is mapping out how to expand its presence in the Arctic beginning around 2020, given signs that the region's once permanent ice cover is melting faster than expected, which is likely to trigger more traffic, fishing and resource mining.
On February 20 and 21, 2014 Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and BSEE Alaska Region Director Mark Fesmire traveled to Bellingham, Wash. to meet with senior leaders from the U.S. Coast Guard and the American Bureau of Shipping and see first-hand Shell's
"This updated Navy Arctic Roadmap prepares the U.S. Navy to respond effectively to future contingencies, delineates the Navy's Arctic leadership role within the Defense Department, and articulates the Navy's support to achieve national priorities
(Reuters) - Saipem has won new contracts for off-shore engineering and construction in Congo and Indonesia worth a total $520 million, the Italian oil services group said on Monday. Saipem said parent company ENI had assigned a consortium led by Saipem a $1
Burnaby, BC - based OSI Maritime Systems (OSI) says it has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS).
OSI Maritime Systems Ltd. (OSI) announced today that it has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS)
In a press release announcing a new U.S. Department of State position to address Arctic matters, Secretary of State John Kerry identified the Arctic as “the last global frontier and a region with enormous and growing geostrategic, economic, climate