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 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 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
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
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
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.
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.
Friede Goldman Offshore, the offshore energy division of Friede Goldman Halter, Inc., has been awarded a contract from Oceaneering International, for the shipyard work in Oceaneering's conversion of its Marine 7 jackup to a production unit. The unit will operate in the Legendre North and South fields on the Northwest Shelf of Western Australia.
In working on what is claimed to be the largest and most complex offshore conversion project undertaken to date in Brazil, the conversion of the FPSO P-48 (formerly the VLCC Stena Concordia), FELS Setal SA, the Brazilian subsidiary of Singapore’s Keppel Offshore & Marine, has achieved five million work hours without a Lost time Incident. US-based Kellogg Brown & Root’s subsidiary Halliburton Produtos Ltda awarded FELS Setal the contract for the marine conversion of the FPSO in February 2001
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.
The U.S. continues to lead the push towards "LNG as Fuel" in the commercial shipping sector, as these 'historic' announcements are now becoming more routine. Totem Ocean Trailer Express (Totem Ocean) announced that Wärtsilä will supply main engines
The US Department of Defense has issued a Navy contract modification to BAE Systems Land and Armaments L.P., Louisville, Ky., to support manufacture of propulsors for two Virginia-class nuclear submarines. The $15,222,617 modification to a previously awarded contract (N00024-09-C-4137) has been
Singapore's Otto Marine says it has secured a long-term US$11.3-Million charter contract for its Anchor Handling Tug 'Go Emerald'. The owners inform that Go Emerald will be deployed for work on long term charter in West Australian waters for a renowned oil and gas player
Fisher Maritime Consulting Group said project manager's professional development courses specifically developed for the marine industry are being presented again in several venues in 2014. To date, more than 4,000 persons from approximately 500 organizations in 24 countries have attended Fisher
Euronav NV announced that on January 10, 2014 its share capital was increased following the exercise of the conversion option of 491 convertible bonds issued in 2013 and maturing in 2018. That resulted in the issuance of 8,163,810 new ordinary shares.
Monday, January 13 witnessed the official opening ceremony of Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will continue along the tried and
COSCO Corporation (Singapore) say that their COSCO Guangdong shipyard has delivered the 57,000 dwt bulk carrier 'Ionnnis G' to its European buyer. The new bulk carrier measures 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth. About COSCO Shipyard Group
Gas reforming company Gas2 said it has achieved a second milestone at its 3 bpd (barrels per day) Wilton Research Center pilot plant in Teesside, U.K. as it develops a new generation of natural gas-to-liquids (GTL) process technology which has the potential to deliver lower cost solutions for
MJM Group Chairman Brian McConville announced that he has bought Mivan out of administration. Established in 1983 by the McConville family, MJM Group refurbishes Cruise Liners, Ferries, Super Yachts, luxury hotel and leisure facilities, office and retail and private residential
The Department of Defense, Navy, announce that Electric Boat Corp., Groton, Conn., is being awarded a $520,000,000 undefinitized contract action under existing contract (N00024-12-C-2115), for additional long lead time material associated with the two fiscal 2015 Virginia-class submarines (SSN 794
Deltamarin signed a contract with Bumi Armada, for the basic design of a floating production, storage and offloading (FPSO) unit. In November 2013, the Malaysia-based international offshore oilfield services provider, Bumi Armada, announced that they have secured a contract to supply the unit
Eastern Shipbuilding Group, Inc. says it has delivered the M/V HOS RIVERBEND (Hull 204), their fourth and final vessel in the HOSMAX 300 series, to Hornbeck Offshore Services, LLC, ahead of schedule. Each vessel is Diesel-Electric powered, twin Z-drive propelled OSV’s
Singapore-based Otto Marine say they have secured a long-term charter contract for their AHTS 'Go Pegasus', which was recently deliverd from their own Indonesia shipyard in Batam, Indonesia. Go Pegasus will soon be mobilized and deployed to the North Sea where she will work for the summer season
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a £6 million vessel for a long-term charter with Nexen Petroleum UK Ltd. (Nexen). Thirty new jobs have been created as a result of the new vessel, Ocean Tay
COSCO Corporation inform that two contract options for the construction of two platform supply vessels (PSV) at their COSCO (Guangdong) Shipyard have been declared effective. The option contracts, valued at approximately US$60-million, were from a Singapore based company.