Build Offshore

VT Halter Marine Secures OSV Contract

Vision Technologies Systems, Inc.'s (VTS) subsidiary, VT Halter Marine, Inc. has secured a contract to build an Offshore Supply Vessel (OSV) for an undisclosed interest. The contract includes options for six additional vessels. This announcement comes within days of VTS concluding the purchase of Halter Marine’s assets. John Coburn, Chairman and CEO, VTS stated, “Commercial contracts such as this one are an important part of VT Halter Marine’s business plan. A contract of this type is indicative of the continued confidence in and a bright future for VT Halter Marine and its employees. We are very pleased with the timing of this opportunity - building offshore vessels for a prominent U.S. owner and operator of OSVs. It is certainly a positive beginning for VT Halter Marine, the local community and the State of Mississippi.” Offshore Supply Vessels (OSV) carry goods, supplies, individuals (in addition to the crew) or equipment used to support exploration and offshore production of mineral or energy sources. This state of the art OSV will be ABS classed and U.S. flagged for international service. Pricing and vessel specifications are considered to be competition-sensitive information and, are therefore not being disclosed. The contract became effective on Nov 8, 2002, and the first vessel is expected to be delivered in approximately 13 months' time. “As the Company grows, we anticipate expanding operations, which in turn will result in

Huisman Begins Construction on New Quayside

On Thursday, June 16, 2011, Huisman’s CEO Joop Roodenburg gave the official start signal for the construction of Huisman China’s new quayside. With the new quayside in place, the Huisman China facility will be easily accessible for seagoing vessels, allowing for fast installation, commissioning and testing of the Huisman designed and built offshore construction equipment onboard. Besides the installation of Huisman products, the new quay and 2

MISC Sees Soft Shipping Rates Ahead

MISC Bhd expects freight rates for crude oil to remain soft over the next two years as competitors put more new tankers to sea. MISC earns 90% of its profits from shipping oil and liquefied natural gas (LNG). A subsidiary of Petroliam Nasional Bhd (Petronas), the world's largest carrier of LNG. LNG is shipped under long-term contracts, but MISC still faces significant exposure to oil freight rates, with crude oil tankers accounting for 40% of its profits.

Deepwater to Build Offshore Wind Farm

Rhode Island picked Deepwater Wind to develop an offshore wind farm expected to cost more than $1b and provide about 15 percent of the state's electricity. The wind farm was expected to generate about 1.3 million megawatt-hours a year. Rhode Island selected Deepwater after reviewing seven bids on its April request for proposals to build an offshore wind farm. Deepwater was established to develop utility-scale offshore wind projects in the northeast United States.

Lluavi Puts Mexican Shipbuilding on the Map

Strategic Marine Mexico recently launched the second 170.6 ft Crew Boat, the LLuavi, for Arrendadora Ocean Mexicana (Blue Marine). The two 170.6 ft Crew Boats, Aramara and Lluavi, has seen Blue Marine become the only Mexican ship owner to build offshore vessels in Mexico. “Not only is this project a huge achievement for Strategic Marine, but for the Mexican community at large, helping to create over 160 jobs in total

Initiative to Speed Offshore Wind Development

Secretary of the Interior Ken Salazar launched a “Smart from the Start” wind energy initiative for the Atlantic Outer Continental Shelf to facilitate siting, leasing and construction of new projects, spurring the rapid and responsible development of the renewable resource. “The Cape Wind lease is an historic milestone in America’s renewable energy future, but to fully harness the economic and energy benefits of our nation’s vast Atlantic wind potential we need

Rolls-Royce Wins S. American Contracts

Rolls-Royce won contracts for six platform supply vessels (PSV) worth around £45 million, including the first offshore orders from Chile. CBO (Companhia Brasileira de Offshore) has ordered four UT-Design type UT 715 L offshore supply vessel design and equipment packages. The 3,000 tonne deadweight PSVs are to be built by Allianca shipyard near Rio de Janeiro for delivery in 2009 and 2010. The vessels will go straight into long-term charters with the Brazilian state oil company, Petrobras

Keppel Delivers Sea Cheyenne for Gulfmark

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc (Gulfmark) on schedule. The 140-ton bollard pull vessel was christened Sea Cheyenne by Rex Carroll Ross, wife of Rex Ross, Director of Gulfmark Offshore, at a naming ceremony on October 27, 2007. This is the third of eight vessels which Keppel Singmarine is building for the company

Keppel Delivers Sea Cheyenne for Gulfmark

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc (Gulfmark) on schedule. The 140-ton bollard pull vessel was christened Sea Cheyenne by Rex Carroll Ross, wife of Rex Ross, Director of Gulfmark Offshore, at a naming ceremony on October 27, 2007. This is the third of eight vessels which Keppel Singmarine is building for the company

Offshore Update: Waiting on Feds to Issue Permits

By Susan Buchanan, from the November 2010 edition of MarineNews Marine companies along the Gulf of Mexico have seen little new business since the offshore drilling moratorium was lifted in early October as oil producers apply for permits and decide how to navigate costly safety regulations. At Bollinger Shipyards, Inc., one of the top U.S. boat builders, Chief Executive Officer Boysie Bollinger, said “we're waiting for BOEM to start issuing offshore drilling permits