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.
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
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 modern Aframax-sized tanker concept designed for transporting crude oil and oil product in the Arctic has been developed via collaboration between Deltamarin Ltd. and Aker Arctic Technology Inc. In creating the new tanker concept, Deltamarin said it drew upon its expertise in affordable energy efficient cargo vessels, together with Aker Arctic’s track record in Arctic vessels. Apart from being ice strengthened and equipped with other new features, the 118
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.
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
Russian Maritime Register of Shipping (RS) is to undertake ship construction survey for the Lukoil Group. This project follows the RS effective cooperation with one of the major RF oil companies in developing offshore hydrocarbon resources. RS has signed contracts for the whole range of classification and statutory services under the construction of an offshore salvage ship by Keppel Singmarine Pte Ltd in Singapore and two offshore support vessels by Keppel Nantong in China
Hull form optimization and hydrodynamic design contribute to fuel consumption savings to be achieved by a new generation coastal general cargo ship. Finnish owner Meriaura Group signed for two 4,700DWT Ice Class 1A VG EcoCoasterTM general cargo newbuilds at Dutch yard Royal Bodewes in mid-January, with the first due for delivery at the end of July, 2016. According to Foreship , hull form and machinery optimization are expected to almost halve fuel consumption compared to conventional
Rep. Huffman introduces Stop Arctic Ocean Drilling Act; bill would prohibit oil and gas leasing in the Arctic Ocean U.S. Congressman Jared Huffman (Dem.-Calif.) introduced a bill Monday called the Stop Arctic Ocean Drilling Act of 2015
As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian. Eni has vowed to press ahead with oil production - a $5.5bn (£3.6bn) project - in the Norwegian Arctic
Aker ASA has on 30 September 2015 transferred its equity holdings in Converto Capital Fund AS to Aker Capital AS, a wholly-owned subsidiary of Aker. As per 30 September 2015, Converto Capital Fund AS directly held 7,237,631 of the issued shares and votes in Aker Philadelphia Shipyard ASA
Sea ice in the Arctic is still too thick for Northwest Passage commercial shipping route in spite of warming temperatures. This is according to new research from York University. Despite climate change, Arctic sea ice remains too thick and treacherous, says the study
U.S. Coast Guard Cutter Healy arrived at the North Pole September 5, 2015, becoming the first U.S. surface ship to do so unaccompanied. Healy’s arrival to the North Pole marks the fourth time a U.S. surface vessel has ever reached the North Pole, and the first since 2005.
Japanese shipbuilder Mitsubishi Heavy Industries, Ltd. (MHI) informs it has received orders for the construction of two next-generation liquefied natural gas (LNG) carriers that will primarily carry shale gas produced in North America.
Canada's offshore Arctic drilling rules could "stifle" development since they do not provide incentives for companies to proceed with production after discovering oil, the government was told in a newly-released internal briefing note.
On a sunny day on the Helsinki seafront, sparks fly from steel welding at the bustling Arctech shipyard, which seems insulated from Finland's economic recession as it strives to meet an order book that stretches into 2017. The world's biggest manufacturer of icebreakers
Sinotrans Shipping, one of China’s largest shipping companies, is in negotiations to take part in a joint venture to commission the building of five Arctic LNG carriers, says the company's stock market announcement. The company said in a statement that it is in talks with
Greenhouse gas emissions from thawing Arctic permafrost could result in an additional $43 trillion in economic impacts by the end of the twenty-second century, according to a new study by researchers from the University of Cambridge and the U.S. National Snow and Ice Data Center (NSIDC)
Silver Cloud is to move Silversea Cruises’ luxury expedition fleet in November 2017. Destined mostly for polar waters, the elite 296-guest ship that launched the ultra-luxury cruise line will be converted into an ice-class ship during an extensive refurbishment scheduled
One of the most significant global issues over the past 10 years is the vast changes in the Arctic region. The world has again turned its attention to the Arctic, this time mainly because of the climate effects in the Arctic, the economic potential of the region
GC “Hidromek” (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement at NEVA 2015 GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International
Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7 billion on exploration in the waters off Alaska so far and
National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement regarding Shell’s decision to halt exploration activities offshore Alaska: “NOIA commends Shell’s efforts in the Chukchi Sea and recognizes the great expense