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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

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

Keppel Signs $684m FLNG Conversion Deal with Golar

 Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works.    The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of United Kingdom-based Golar LNG will become effective by Sep 21, said Keppel.   The contract will become effective upon the parties fulfilling certain conditions precedent by 21 September 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.

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

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.

Oman Drydock Company Expands Rapidly

Dr Ahmed Al Abri - Oman Drydock Company Deputy CEO Operations WEB.jpg

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.3 million sq. m. shipyard it aims to become a leading shipyard in the Gulf over the next five years. A key selling point for ODC is its geographical position.  ODC is in poll-position for the Asia – Europe shipping routes and critically, saving ship owners time, and potential disruption

MARAD to Fund Study on LNG Conversions

Midnight Sun will be converted to dual fuel LNG propulsion starting in December 2015 (Photo: TOTE)

MARAD provides funding to further study LNG as marine fuel for containerships The U.S. Maritime Administration (MARAD) announced it has entered a $900,000 cooperative agreement with Totem Ocean Trailer Express Inc. (TOTE) to study the costs and benefits of converting vessel to liquefied natural

IHC Services Secures Dredger Repair Contract

HUTA 14 self-propelled cutter suction dredger at work (Photo: Royal IHC)

IHC Services, a subsidiary of Dutch shipbuilder and repairer Royal IHC, informs it has secured an order for a renovation project for a dredging vessel owned by Huta Marine Works Ltd in Saudi Arabia.   The contract calls for work on the HUTA 14 self-propelled cutter suction dredger (SPCSD)

MARAD Backs Emissions Reduction Projects

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it will provide more than $1 million to support the development of two new emission-reducing maritime solutions. The first is a liquefied natural gas (LNG) conversion demonstration project

Newport News Shipbuilding Converts to Natural Gas

Newport News Shipbuilding has converted its steam-generation plant from heavy fuel oil to natural gas. The new system will reduce greenhouse gases by 30 percent and save the shipyard about $8 million per year. (Photo by Chris Oxley/HII)

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has converted its steam-generation plant from heavy fuel oil, also known as Bunker C, to natural gas to improve safety and lower operating costs and emissions to the environment.  

Tanker Retrofitted with Dual Fuel Engine

Fure West (Image: Caterpillar Marine)

Caterpillar Marine informs it has begin a dual fuel engine retrofit conversion onboard the 472-foot Fure West tanker, owned by Furetank Rederi A/B. The MaK M 43 C diesel engine onboard the tanker will be retrofitted in hull to the seven-cylinder M 46 dual fuel platform

Totem Inks LNG Conversion Deal with Keppel

Midnight Sun

  Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of  the  Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion

Research Vessel Refit at Alewijnse

Photo courtesy of Alewijnse

Oceanographic research vessel Marion Dufresne II is celebrating her 20th anniversary in 2015 and has finished a major refit that will extend her life for a further 20 years. Leading electrical system integrator Alewijnse Marine Systems has successfully completed the electrical conversion.

Wärtsilä to Power First Dual-Fuelled Dredger

The Scheldt River will be the worlds first dual-fuelled dredger.

  A new generation "Antigoon" class dredger, called Scheldt River, being built by Royal IHC in the Netherlands on behalf of the Belgium based DEME Group, is to be powered by Wärtsilä dual-fuel (DF) engines. This will be the first ever dredger to operate on engines capable

Kinder Morgan Buys Four Newbuilding Resales

Photo Aker Philadelphia Shipyard

  Kinder Morgan, Inc. is expanding its growing fleet of Jones Act product tankers having signed a definitive agreement valued at an all-in price of $568 million with Philly Tankers LLC to take assignment of contracts for the construction of four, new 50,000-deadweight-ton

Keppel Shipyard Wins FPSO Conversion Contract

Keppel Shipyard

Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won. Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair

BMT Nigel Gee Reaches 1,000th Project

Photos courtesy of BMT

BMT Nigel Gee (BMT), a subsidiary of BMT Group Ltd, and an independent naval architecture and marine engineering design consultancy, is celebrating its latest achievement in securing its 1,000th project which will involve the delivery of detailed production engineering for a ferry machinery

Demand Rising for Cyrogenic Valves in Marine Sector

Photo: Bestobell

UK-based manufacturer of cryogenic valves Bestobell Marine said it has seen a major increase in demand for its cryogenic valves from the marine sector in the U.S. This is largely due to the new Emissions Control Areas (ECA) which is increasing the number of dual-fuel vessels being commissioned

Interview: Germán Carlos Suárez Calvo, CEO of Astican & Astander Shipyards

GermanCarlos11 WEB.jpg

How did you find a career in the maritime industry? As a consequence of my father´s dedication to the industry, as founder of a shipping agency in the early eighties as well as partner in a large shipping company and shipyard´s ownership

MODEC FPSO Achieves First off Brazil

FPSO Cidade de Itaguai MV26 (Photo: MODEC)

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract.  

Reimelt Named Head of GE Power Conversion

Stephan Reimelt has been appointed as president and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes president and CEO of Power Generation Products for GE Power & Water, GE Energy Management president and CEO Mark Begor announced today.  

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