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Conversion Contract

MSC (Europe) Awarded Conversion Project

Maritime Services Corporation’s Southampton-based marine outfitting company, MSC (Europe) Ltd., has received a Letter of Intent and deposit that will lead to a $19 million conversion contract to convert the ex Dronning Ingrid rail ferry into a state of the art hospital ship for the charitable group Mercy Ships. MSC will act as the general contractor for all phases of the conversion.


Bender Granted Conversion Contract From Cal Dive

Bender Shipbuilding & Repair of Mobile, Ala., has been awarded the conversion of the 400 x 102 ft. (121.9 x 31 m) Sea Sorceress. The barge, which will be converted from a manned fuel barge to a DP-II construction barge for Cal Dive International of Houston, Texas, will receive eight 850 kW retractable Z drives. These drives will be powered by four Wärtsilä generators providing 6.6kV of power. A new engine room on the dynamically positioned barge will be used for the vessel's main source of


Marotta Receives GD Sub Conversion Contract

Marotta Scientific Controls, Inc. has been awarded a contract from General Dynamics, Electric Boat Division, for valves on two Ohio Class submarines that will be converted to multi-mission platforms, optimized for covert strike and special operations support. The contract value is $3.2 million with an option for another $3.3 Million for two additional conversions in 2003 & 2004. The U.S. Navy, in response to changes in post-Cold War strategy, will overhaul four


Frontline Ltd. Develops Heavy Lift Activity

In line with the strategy decided by the Board, Frontline Ltd. is currently in the process of establishing a separate entity to develop the company's heavy lift activity. Such a company will include up to six single hull Suezmax vessels. Five of these vessels are on long term leases from Ship Finance International Limited, and a deal is subject to reaching a mutually acceptable solution with Ship Finance International Limited for a purchase of these vessels


Singapore’s Shipyards Reflect Booming FPSO Trend

Traditional shipyards in Singapore are benefitting from booming oil and gas business, as work orders flow in for Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) conversions, states a new report by business intelligence experts GBI Research. The new report  cites Singapore as the location of around 70% of conversions for the FPSO industry globally, with traditional shipyards such as Keppel, Sembawang, Jurong


Sembawang Bags Teekay's FSO Conversion Project

Image: Sembcorp Marine Ltd

 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 tanker Randgrid into an FSO. The yard will also fabricate and install new living quarter decks on the vessel.   The ship is expected to arrive at Sembawang Shipyard in June 2015


Noble Drilling Completes Fifth Conversion

Noble Drilling Corporation announced its fifth successful EVA-4000TM semisubmersible conversion, Noble Max Smith, commenced its mobilization to its first location in Alaminos Canyon for Amerada Hess Corporation. The unit, capable of drilling in water depths up to 6,000 ft., will undergo final commissioning of its marine systems when it arrives on location. Upon completion of commissioning, the rig will commence drilling operations under its contract with Amerada Hess Corporation.


Imtech: Number of Marine Service and Maintenance Contracts to 5,000

Imtech (technical services provider in Europe and on the global marine market) is observing a substantial increase in the number of marine service and maintenance contracts managed by Imtech. Recently Imtech signed a new global partnership agreement for 350 vessels operated by an international ship operator in Hong Kong, which granted Imtech a preferred service vendor status. As a result, Imtech passed the 5,000 mark for ships under various types of contract and partnership agreements


Cargotec Secures Vietnamese Pipelayer with Mooring Solutions

A contract for mooring equipment for a pipelaying barge marks Cargotec’s successful entry to the Vietnamese offshore market. In July this year, Cargotec won a contract from the joint stock company Vinh Nam (VAM JSC)/TECMACH  to supply mooring equipment outfits for Vietsovpetro’s 110m-long by 30.5m-breadth pipelaying crane barge, Con Son. The 1969-built vessel is currently undergoing a conversion at Dung Quat Shipbuilding Industry Co Ltd.


NASSCO to Design TOTE LNG Propulsion Conversion

TOTE Orca-class: Photo credit NASSCO

General Dynamics NASSCO, contract with Totem Ocean Trailer Express (TOTE) to design the conversion of two Orca-Class  trailerships. The contract is to design the conversion of the company’s two existing Orca Class, diesel-electric trailerships to liquefied natural gas (LNG) propulsion. This design contract is in addition to the new-construction order that TOTE Shipholdings placed with NASSCO last month for the construction of two new LNG-powered containerships.


IMO Adopts Regulations for Ships Using LNG

IMO adopts regulations for ships using liquefied natural gas as fuel Photo Danish Maritime Authority

  United Nations' International Maritime Organization (IMO) adopted globally binding regulations for ships using liquefied natural gas (LNG) as fuel. The IMO has just adopted a new international code of safety for ships using gases or other low-flashpoint fuels – the so-called IGF


NASSCO Starts Building 2nd SEA-Vista Tanker

Kevin Graney, Pete Radzicki, Parker Larson, Debora Burke, Dave Burke and Tom Denning (Photo: General Dynamics NASSCO)

Ceremony signals the start of construction for the second SEA-Vista ECO Tanker to be constructed at the General Dynamics NASSCO shipyard in San Diego.   General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, signaled the start of construction for the second of three 50


Technip Wins Jurong's FPSO Conversion Contract

  Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel, which is built at the Jurong Shipyard


Fincantieri to Supply Four OPVs to the Bangladesh Coast Guard

Image: Fincantieri - Cantieri Navali Italiani S.p.A.

 Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and converted into Offshore Patrol Vessels (OPVs), and to provide the related logistics support services.   


NASSCO Starts Building APT’s 4th ECO Tanker

Congresswoman Susan Davis measures the first piece of steel for the fourth American Petroleum Tanker. (Photo: General Dynamics NASSCO)

Ceremony signaled the start of construction for APT-4 ECO Tanker, the fourth of five Jones Act tanker ships to be constructed at NASSCO for American Petroleum Tankers.   General Dynamics NASSCO signaled the start of construction of the fourth of five “ECO” tankers to be built


Barillec to Present ‘Marine Apps’

Photo: Barillec

Barillec informs it has chosen the Electric & Hybrid Marine Expo to unveil its new identity and to present its “Marine Apps”.  The show will be held in Amsterdam, The Netherlands, from June 23-25.   Barillec develops marine applications based on 60 years of global


DHT Adjusts Senior Notes Conversion Price

DHT Holdings, Inc. announced that, in connection with the cumulative effect of the previously announced (i) cash dividend of $0.02 per share of common stock paid on November 26, 2014 to stockholders of record as of the close of business on November 20, 2014, (ii) cash dividend of $0


Damen to Refit RNLN Torpedo Ship

Royal Netherlands Navy torpedo ship Zr Ms Mercuur

Damen Shiprepair & Conversion has won the contract for the life-prolonging maintenance and refit project of the Royal Netherlands Navy torpedo ship Zr Ms Mercuur. The ship, originally built at Damen Schelde Naval Shipbuilding in 1987, will be refit to make her suitable for a range of new


Kongsberg Contracted to Support FLNG Conversion

CG drawing of the Golar Hilli after conversion (Image courtesy of Kongsberg Maritime)

Kongsberg Maritime secures position in the LNG market with electrical and automation contract for Golar Hilli FLNG   Keppel Shipyard in Singapore and Black & Veatch in the U.S. have awarded Kongsberg Maritime an order for the delivery of an electrical package and safety and automation


Gibdock Opens Prefabrication Facility

Gibdocks prefabrication facility

  Gibdock has officially opened its new ‘Pad 1’, a specialised area for land-based fabrication projects, to a busy workload. The 2,940m2 purpose-built pad offers an area of prime 12 tonnes per m2 load-bearing workspace to support the growing range of large and complex projects


Oman Drydock Bags VLCC Contracts

Photo: Oman Drydock Company

 Onassis-controlled Springfield Shipping will convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman.   The multi-million pound contracts will see ODC convert the recently bought 319,869 deadweight tonnage (DWT)


Damen upgrades Van Oord’s Stornes

Stornes at Damen Shiprepair Rotterdam_LR

  Van Oord’s flexible fallpipe vessel, Stornes, has recently been in Damen Shiprepair & Conversion Rotterdam for a scope of work which allows the vessel to operate at greater water depths in future. Stornes is a 175 m long, 26


Kalmar Delivers ASC cranes for TraPac in Los Angeles

TraPac, Los Angeles

  Kalmar, part of Cargotec, has received an order from TraPac, Inc. to deliver two new 5th generation Kalmar automatic stacking cranes (ASCs) for the expansion of TraPac's automated terminal in Los Angeles. The cranes will join a fleet of 27 Kalmar ASCs and 28 Kalmar automated straddle


Oman Drydock Appoints Deputy CEO

Dr. Ahmed Al Abri (Photo: Oman Drydock Company)

Oman Drydock Company (ODC) informs it has appointed one of Oman’s most experienced maritime professionals as deputy CEO to help support and grow its expanding operations.   Taking up the role of deputy CEO, Dr. Ahmed Al Abri, draws on 17 years experience working as a naval architect


Cosco Bags Research Ship Order

Photo credit: Cosco (Guangdong) Shipyard

 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.   






 
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