Dolphin Offshore Enterprises India Ltd said it has received two orders worth $16m for its diving support vessels. One of the contracts worth $10m is to be executed within 3 months while the other from Punj Lloyd Ltd has a 2-month duration. Source: Reuters
Singapore-based ship repairer Keppel Hitachi Zosen Ltd said on Monday it won a contract worth about $161 million to build four cable-laying and repair vessels for TyCom Ltd. The company said in a statement that each of the 7,800 dwt ships would be used for installation and maintenance of the Tycom Global Network, a worldwide undersea fiber optic system being deployed by TyCom. Keppel Hitachi had already been awarded an earlier contract in April for two cable-laying and repair vessels
Two oil and gas players, SapuraCrest Petroleum Bhd and Ramunia Holdings Bhd, announced major contracts related to the industry worth $120 million and $24 million respectively. SapuraCrest said its 51%-owned unit Tioman Drilling Co Sdn Bhd had been awarded a contract from Carigali-Triton Operating Co Sdn Bhd (CTOC) for the provision of two drilling units– Teknik Berkat and a new mobile drilling vessel, known as T-10 – to CTOC.
Singapore shipbuilder Labroy Marine said on Wednesday it has signed two shipbuilding contracts worth $58.9m in total. Labroy, whose regular customers for offshore support vessels are in the United States, Europe and the Middle East, said the two ships are to be delivered in 2009. Source: Reuters
Israel Shipyards won two contracts, worth over $50 million, to build four general cargo ships for two European customers, according to a report on www.port2port.com. Israel Shipyards Ltd (ISL) has specialized in military shipbuilding. The first customer ordered two ships which will be employed by European cement manufacturers the second, a shipping company which operate some 50 vessels of similar size. The four 90 meters long vessels on order, are classified as dwt 4
According to a June 1 report from channelnewsasia.com, STX Pan Ocean said it won a shipbuilding contract worth at least $40m for a semi-submersible heavy lift carrier. (Source: Channelnewsasia.com)
ASL Marine Holdings Ltd. has secured major shipbuilding contracts worth S$164 million. These contracts are for the construction of seven vessels involved in offshore oil and gas as well as port terminal operations. The seven vessels include six units of Rotor tugs secured from repeat customers in Europe as well as one unit of Heavy Lift cum Pipelay vessel secured from a customer in India. These contracts are due for delivery by 2009.
Saab Systems signed a contract worth $87m with Tenix Marine to design and develop the Combat Management System for Australia's new Landing Helicopter Dock (LHD) amphibious class of ships. Saab and Tenix have agreed on a contract that will see Saab responsible for design, development and integration of the new ships' Combat Management System. Saab will supply the next generation 9LV Combat Management System based upon open architecture and the naval surveillance radar Sea Giraffe AMB
International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process. The contract, worth approximately $7.5m annually, mainly covers work on the Forties field. It sees Expro providing wireline services and establishing an alliance with another leading provider to deliver coiled tubing and pumping services for Apache.
The MoD has awarded contracts worth US$ 548-million to UK companies to design the next generation of nuclear deterrent submarines The first Successor submarine is due to be delivered in 2028, replacing the Vanguard Class submarines which currently carry the UK’s nuclear deterrent - Trident. Although a decision on the final design and build will not be made until 2016, detailed work has to take place now to ensure that the Successor submarines will be the most technologically advanced
Cosco (Guangdong) Shipyard secured a contract worth over 129 million yuan ($20.8m) to build one research vessel, to be delivered in the fourth quarter of 2017. The contract will become effective upon the receipt of letter of guarantee from the shipyard's bank.
One of the world's premiere ship repair facilities, ASRY based in Bahrain, unveils its move into new vessel construction. ASRY signed an agreement with the Bahrain Coast Guard to design and construct a new Landing Craft for the transport of vehicles, potable water, and fuel
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine
The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines and a mid-life upgrade for two Gotland-class submarines. Work on the two A26s is to be completed by 2024
Singapore Technologies Engineering Ltd reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.63b as reported for FY2013. Profit before tax (PBT) of $650.7m was $79m or 11% lower year-on-year compared to $729
Rolls-Royce has been awarded a contract worth $30.6m with the American owner Edison Chouest Offshore (ECO). The contract for ship equipment comprises Azimuth main propulsion, propulsion control systems, anchor winches and an anchor handling crane for an Anchor Handling Tug Supply vessel (AHTS)
Azipod XO propulsion units will power two new vessels that Meyer Werft will build for Norwegian Cruise Line. ABB has been awarded a contract worth $60 million to deliver Azipod propulsion and power systems to two Norwegian Cruise Line vessels
Russian oil firm Rosneft has cancelled a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd, the Norwegian offshore driller said. Western sanctions against Russia, and Rosneft in particular
A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US. Upon completion
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage and Offloading (FSO) conversion contract worth S$56 million from Teekay for the Gina Krog Field in the North Sea. Sembawang Shipyard will work closely with Teekay to convert the shuttle
Subsea 7 S.A. announced it has been awarded a pipeline and construction contract worth approximately $300 million from Wintershall Norge AS for the Maria field development. The contract consists of engineering, procurement, construction and installation (EPCI) of 95 kilometers of rigid
Austal celebrated the christening of USNS Brunswick (JHSV 6) with a ceremony this morning at its shipyard in Mobile, Ala. USNS Brunswick is the sixth of 10 Joint High Speed Vessels (JHSV) that Austal has under contract with the U.S. Navy as part of an overall 10-ship block-buy contract
Huntington Ingalls Industries Inc on Friday won two contracts worth a combined $4.3 billion to complete design work and construction of the USS John F. Kennedy aircraft carrier, the Pentagon said in its daily digest of major weapons contracts.
The UAE's National Drilling Company has signed contracts worth $543 million to acquire 14 new rigs, state news agency WAM said on Sunday. One offshore and one onshore rig will be manufactured in the United Arab Emirates (UAE) as part of the deals, WAM said.
Otto Marine Limited, a builder and charterer of complex offshore support vessels and specialized offshore services provider, announced that its wholly-owned subsidiary, Swordfish 1 Pte Ltd, has entered into a long-term bareboat charter contract worth $27 million.