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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

start signal construction_web.jpg

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.


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


Wärtsilä Signs Extensive Services Supply Agreement

Photo courtesy of Wärtsilä

Wärtsilä has signed an extensive three-year services supply agreement with the Norwegian DOF Group in the end of April 2014.   The agreement covers services for all Wärtsilä equipment, including engines and propulsion as well as electrical and automation systems, for DOF's vessels with Wärtsilä equipment operating in Norway, Brazil and Singapore. DOF Group is a global company that provides a comprehensive range of purpose-built offshore vessels and subsea


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


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.


Offshore Update: Waiting on Feds to Issue Permits

Offshore supply vessel Michael G. McCall, Gulf Craft’s most recent delivery, could not get work in the Gulf of Mexico. Seacor chartered it for operations off the west coast of Africa. The 190-ft by 34-ft vessel was delivered in July 2010. (Photo courtesy Gulf Craft, LLC)

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


ABS to Class Newbuild Semisubmersible, Liftboat

This artist’s rendering shows the three units that will make up the Baoham fleet upon delivery of the newbuilds now on order. (Image courtesy of Global Maritime)

Baoham Offshore (HK) Ltd. has selected ABS to provide classification services for newbuilds in China.   ABS, a provider of marine and offshore classification services, has been selected by Baoham Offshore (HK) Ltd. to class a drilling semisubmersible and a liftboat.   "This award is a reflection of the solid reputation ABS has built as a classification society over more than 30 years in China," said ABS Executive Vice President of Energy Project Development Ken


SembCorp Bags US$1bn Semi-sub Deal

Image: Sembcorp Marine

 Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V.    Scheduled for delivery in the fourth quarter of 2018


Sembcorp Marine Posts 17% Fall in Q2

Image: SembCorp Marine

 Low oil prices and muted sentiment in the industry continued to take a toll on Sembcorp Marine's second-quarter earnings.   The rigbuilder has announced that net profit for the three months ended June 30 sank 17 per cent to to $79.58 million (SGD 109 million), compared to $96


Australian PM Promises 2500 Shipbuilding Jobs

Tony Abbott, Prime Minister of Australia. Photo: Commonwealth of Australia

 Up to 2,500 shipbuilding jobs in Adelaide will be safe for "all time", the Prime Minister says, ahead of the expected announcement to build a new fleet of Navy ships worth $39 billion, reports ABC.   However, he said naval shipbuilding jobs in Adelaide would drop from about


Daewoo Shipyard to Sell Assets

Image: Daewoo Shipbuilding & Marine Engineering Co

 South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives, as it reels from massive losses, reports Yonhap.  


Offshore Cable Layer Delivered to Van Oord

Offshore Contractor Van Oord has taken delivery of the Damen Offshore Carrier 8500 Cable Layer Nexus, which, when all cable laying equipment is installed, is intended to install electricity cables for the Gemini Offshore Wind Farm. (Photo: Damen)

First delivery of Damen’s new ship design: the DOC 8500 Cable Layer   Damen delivered a new DOC 8500 cable laying vessel, Nexus, to international offshore contractor Van Oord on December 22. The 126-metre vessel is intended for the installation of electricity cables for offshore wind


Imtech Marine, Radio Holland Equip Floatel

POSH Xanadu (Photo courtesy: Imtech Marine)

Last month, POSH Xanadu, the largest purpose-built floatel to date was delivered at PaxOcean in Zhoushan. POSH Xanadu is a ship-shaped column stabilized semi-submersible accommodation platform, housing 750 passengers and crew in 390 spacious cabins


Japanese Consortium to Build Offshore Wind Farm

A wind farm by Hitachi Zosen Corporation

 A consortium of ten companies led by Hitachi Zosen Corporation (Hitz) has been awarded the bid to develop the “Iwafune Offshore Wind Farm Project” in Murakami City, Niigata prefecture.   The award is the result of a public bidding held by Murakami City’s project


Drying Cabinets Handy On Board Nexus

Nexus (Photo courtesy of Damen)

In 2014, Pronomar equipped Van Oord’s offshore cable laying vessel Nexus with three drying cabinets, each responsible for the drying of eight sets of workwear.   Nexus, a 126-meter Damen Offshore Carrier (DOC) 8500 cable laying vessel was delivered to Van Oord in December and is


HHI to Add Massive Heavy Lift Vessel

Hyundai-10000 Heavy Lift Vessel (Photo: HHI)

Hyundai Heavy Industries to add 10,000 ton heavy lift vessel to its offshore facility-building infrastructure legion   Shipbuilder and offshore facilities contractor Hyundai Heavy Industries Co., Ltd. (HHI) informs that its shipbuilding affiliate, Hyundai Samho Heavy Industries


Kvichak, Vigor Announce Merger

Vigor CEO and owner Frank Foti

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak Marine Industries and Vigor Industrial today announced the companies are merging to unite their strengths in the design and fabrication of


Answering the Call

MCP aims to revolutionize communications in the offshore sector.

There’s a digital disconnect offshore. The communication standards we take for granted on land are cut adrift at sea; hampering data transfer for businesses, while severing individuals’ lifelines to social media networks. What’s to ‘like’ about that? Frode


Australia: Submarines Excluded from Shipbuild Review

Pics: Australian Shipbuilders Association Limited

 The Australian Navy’s future submarine project has been excluded from the country's shipbuilding review on advice from the Abbott government that the new fleet would be built offshore.   The review’s final report, published on Thursday


Lamprell Delivers Rig to National Drilling Co.

NDC6 Butinah Naming Ceremony

  Lamprell announced the construction of the jackup drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC) safely and within budget.   This comes following an announcement last week where NDC exercised one of its existing


Block Island Wind Crew Transfer Contract Awarded

Photo courtesy of Seacat Services

Agreement enables high-speed catamaran ferry company Rhode Island Fast Ferry to commission first US-built crew transfer vessel, to be built by Blount Boats, and launch Atlantic Wind Transfers, its commercial wind support services division.  


First Damen Twin Axe for Offshore O&G

Contract signing

  To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities. The Netherlands-based company will deploy the new vessel on long-term charter for a major E&P






 
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