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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


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.


Golar Acquires Financing for GoFLNG

Golar LNG

  Golar LNG Limited announced today that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd ("CSSCL") in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.


Golar Receives Financing Commitment for GoFLNG Hilli

Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli, the company announced today.  


Golar Inks Deal for Third FLNG Conversion

 Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG), the company announced today.   As with the GoFLNG Hilli and Gimi conversions, the primary contract for the GoFLNG Gandria was entered into


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


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.   


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.   


GE Tech Enables Shore to Ship Energy Feed

GE Energy Management has signed a contract with French electrical engineering company Cegelec in Brittany, France to supply a complete static power solution for the French Navy. The solution will use GE’s Static Frequency Converters (SFCs) technology to provide high conversion efficiency and


Kalmar's AutoStrad delivered to Patrick's Port Botany

Automated straddle carrier solution for Patrick Stevedores

  Kalmar, part of Cargotec, played a successful role in delivering an automated straddle carrier solution to Patrick Stevedores' during their recent automation of Port Botany container terminal in Sydney, Australia. The conversion from manual operations at Port Botany was made in only four


LR, Penn Oak Energy Partner for LNG Retrofit Service

Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp to help companies raise capital and mitigate the technical risks associated with retrofitting ships fuelled by liquid natural gas (LNG), by providing a one-stop-shop solution to the industry.






 
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