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Contract Signed

Russian Shipbuilders Sign Large Contracts

According to a Dec. 7 report from Itar-Tass, two new shipyards in Russia’s Primorsky Territory – Zvezda (Star)-DSME and Vostok (East)-Raffles that were laid down just a year ago, have already been engaged with orders. The contracts signed to date include the construction of 47 heavy-tonnage shipbuilding facilities. These are tankers, LNG carriers, floating plants to produce liquefied natural gas, as well as offshore drilling platforms. (Source: Itar-Tass)


Khulna Shipyard to Build Two Oil Tankers

According to a report from The Financial Express Bangladesh, United Shipping Line and Global International Limited have ordered two oil tankers from Khulna Shipyard in a contract signed on June 19. The two 230-ft by 38-ft oil tankers will be completed by June 2012.   Source: The Financial Express Bangladesh  


Contract Signed for SemiSub Platform

Statoil and Aker Kværner has signed the contract worth approximately NOK 8 billion for the semisubmersible platform to be located at the Gjøa field offshore Norway. This is in accordance with the memorandum of understanding presented in Aker Kvaerner's disclosure to the Oslo Stock Exhange at 29 September 2006. The scope of work to be performed by Aker Kvaerner will be detail design of topside and hull, procurement, construction and hook-up of topside, and mating of topside and hull


VTC Gets $6.4m Contract

The upgrade of DGPS stations includes adding capability to use Modernized GPS signals and the additional functionality required for tracking the future Galileo and GLONASS signals without further complex upgrade. The upgrade program will also ensure that the GLA service is compliant with the latest International Maritime Organization (IMO) Resolutions and recommendations from the International Association of Lighthouse Authorities (IALA)


Bahri Financed for Two General Cargo Ships

The National Shipping Company of Saudi Arabia (Bahri) will sign a financing agreement with Public Investment Fund (PIF) for 2 newbuildings Bahri is to sign a 'Murabaha Agreement' with Public Investment Fund (PIF). The cash will be used to finance part of the total construction cost of building two General Cargo vessels at Hyundai Mipo Dockyard in South Korea. The value of the financing contract is equivalent to Saudi Riyals 450,000,000 (Four Hundred and Fifty million)


China Shipyards Win US$100-Million OSV Contracts

OSVs in port: File photo

COSCO Corporation (Singapore) Limited says that its subsidiary Dalian and Guandong shipyards in China have won the following offshore vessel construction contracts: 1. COSCO (Dalian) Shipyard Co., Ltd., has secured a contract from an Asian company to build four Emergency Response / Rescue / Field Support Vessels (ERRVs), scheduled for delivery in the first half of 2016. 2. Two shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co


Transas Equips New Ice-breaker

The ceremony to launch the new ice-breaker “Fesko Sakhalin” for Far Eastern Shipping Company (FESCO).built at the Finnish shipyard Aker Finnyards took place in May. The new ice-breaker is a part of A unique technical feature of this vessel is the absence of a helm. It is replaced by propellers (AZIPOD), which rotate 360 degrees; this enables the vessel to hold position without anchors, to move through ice in either direction


Spanish Research Vessels to get Kongsberg and Simrad Systems

Miguel Angel Lleches, Project Manager; Agustin Mayans, Managing Director, Simrad Spain SL, Jose Ignacio Díaz, Project leader, Oceanographic Insitute, Vicente Carrasco, Sales Manager, Subsea, Simrad Spain SL, Miguel Angel González, Financial Manager, Simrad Spain SL.

The Spanish sales division for Simrad and Kongsberg Maritime have signed contracts for one of its biggest projects to date; the supply and installation of navigation, positioning and research systems on two newbuilds for the Spanish Oceanographic Institute (I.E.O). The twin 45m research vessels are specifically designed for research on the Atlantic and Mediterranean coastal areas although both will call the home. The first vessel is expected to be delivered in December 2009 and the second


New Rupert 80 Megayacht Takes Shape

Rupert 80: Photo credit Rupert Yachts

Sweden's Rupert Yachts has its first contract signed and production of the new Rupert 80 is under way Rupert Marine's latest design is an 80-foot luxury motor yacht intended for owners of super yachts and other demanding customers and designed in cooperation with other well-known naval architects and designers, the exterior bears the signature of Ted Mannerfelt. This 80-foot yacht is the first in series of Rupert Yachts now in development.


Maersk Supply Ships Q3 2013 Profits Soar

A Maersk OSV: Image courtesy of Maersk

Maersk Supply, a subsidiary of the A. P. Moller-Maersk group, came out of the third quarter of 2013 with a profit of US$76-million, against a profit of US$ 48-million in the same quarter in 2012. Revenue rose from US$ 226-million in the period of 2012 to US$ 240 million. The profit for the third quarter of 2013 improved compared to the same period last year primarily due to higher utilization and lower operating costs.


BIMCO: Greece is the Leader in Newbuild Investment

Source: BIMCO, CRSL

Greek shipowners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts, BIMCO reported. Since 2010, contracts made by owners in Greece total $51 billion (USD), consistently dwarfing the likes of Norway and China as buyers


Transas Offshore Simulator for Batumi State Maritime Academy

Transas Offshore Simulator chosen for the Batumi State Maritime Academy

  Batumi State Maritime Academy (BSMA) and Transas Marine Black Sea today signed a contract for supply and installation of the Transas Full Mission Offshore simulator. The simulator complex will be one of the most advanced in the Black Sea region.


HMC Chooses Kongsberg Offshore Simulator

The K-Sim Offshore simulator will feature detailed models of three HMC deepwater construction vessels.

Heerema Marine Contractors (HMC) has selected Kongsberg Maritime’s K-Sim Offshore simulation platform to enhance crane operator training and the safe, efficient implementation of heavy lift operations. With the contract signed on May 21, 2014


News Flash! Greek Shipowners Prefer Bulkers

BIMCO Greek Bulkers (Eric Haun).jpg

The buying interest from Greek ship owners is focused on bulkers to an increasing extent, BIMCO said. Data from VesselsValue.com reveal that Greek owners were at the buying end of 43% of all bulker sales completed so far in 2014. As of June 2014, the number of Greek bulker purchases so far is 91


Lloyd's Register Alert: New SOLAS Regulation II-1/8-1

lr_logo_tcm155-123371.png

SOLAS Regulation II-1/8-1 has been amended and will require operational information to be provided to the master after a flooding casualty to assist with decisions regarding safe return to port.   The new requirement applies to passenger vessels over 120m in length or with three or more


IACS Council Adopts New Common Structural Rules

At its 68th session of the IACS Council meeting, held December 18-19 in London, IACS has unanimously adopted new harmonized Common Structural Rules (CSR) for oil tankers and bulk carriers. The new rules will apply to all oil tankers larger than 150 meters and bulk carriers larger than 90 meters in


ACP: Contractor’s Intent to Suspend Work Lacks Merit

File Photo: Construction underway on Panama Canal.

After analyzing the letter received on December 30, 2013 by the new locks contractor Grupo Unidos por el Canal, S.A. (GUPC), which was made public on January 1 by GUPC, the Panama Canal Authority (ACP) determined that it is not valid and that the arguments raised by the contractor in the note lack


OWS First to Order New Damen Crew Vessel

Photo courtesy Damen

Dutch company Offshore Wind Services B.V. (OWS), a specialist in providing crew transfer vessels to the offshore wind industry, is the first to order the next generation Damen Twin Axe Fast Crew Supplier 2610. With the contract signed end-December 2013


ACP, Canal Infrastructure Stakeholders Continue Negotiations

Jorge Quijano, ACP Chief Executive Officer

Panama Canal, GUPC and Zurich American to Continue Talks on New Locks Project.   The Panama Canal Authority (ACP) announced that a meeting took place on Tuesday, January 28th between ACP, Zurich American and Grupo Unidos por el Canal, S.A


Seatankers Takes PSV Delivery

Sea Spider

On January 27, 2014, three weeks after the last delivery in the Seatankers twelve series, Zhejiang delivered the seventh platform supply ship, Sea Spider, to the Seatankers Group. All twelve PSVs are designed by Ulstein. Sinopacific’s Zhejiang yard in Ningbo, China


Incat Crowther Design 10-Boat IUV Order

Inshore Utility Vessel: Photo courtesy of Incat Crowther

Incat Crowther say they supported Strategic Marine in their winning technical proposal for the construction of ten 42m Infield Utility Vessels (IUV) for Brunei's PTAS Marine, and the first boat has now been delivered. Details as follows: Strategic Marine called in Incat to assist in their


First of 10 Utility Vessels Delivered

Photo: Incat Crowther

Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Developed in conjunction with builder Strategic Marine, the project called upon Incat Crowther’s track record in steel crew boats to meet strict performance criteria


EU Supports African Maritime Administrations

The European Union (EU) is funding a €1.2 million grant contract, signed between IMO and the African, Caribbean and Pacific Group of States (ACP) to support training and capacity-building activities aimed at enhancing flag State implementation and port State control in Western and Central


New WaveCall-Plus VSAT Bundle for MSC Cargo Italy

Photo coutesy of Marlink

The 124 MSC’s vessels will be the first to benefit from AuroraGlobal, the new all-in-one high throughput maritime VSAT offering.   MSC Cargo Italy has contracted Marlink to deliver the new WaveCall Plus high-speed Broadband VSAT (Very Small Aperture Terminal) package for its entire


Gazprom And Verbundnetz Gas To Stabilize European Supply

Supplies to Europe

Alexey Miller Chairman of the Gazprom Management Committee stated, "In cooperation with Verbundnetz Gas we will increase the stability of gas supply to our European consumers in the autumn-winter period." He made the statement at St






 
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