STN ATLAS Marine Electronics has been awarded a major contract for design, supply and installation of all electrical equipment aboard the five new K130 class corvettes presently being constructed for the German Navy by the ARGE K130 shipyard consortium comprising Blohm + Voss, Lürssen, and Nordseewerke. Under the contract, the Hamburg-based company will be responsible for all switchgear, main and sub-systems as well as the planning, supply and installation of cabling. Other facilities to be provided include converters, lighting equipment, command and warning systems and power backup in addition to a number of special systems such as those for degaussing for magnetic self-protection. The contract also calls for comprehensive tests and trials for an operational workplan covering all items of equipment and measures to provide logistical support for their continuing availability. The first of the 292-ft. (89-m) vessels, whose advanced features include significant reductions in radar and infrared signatures, is due for commissioning in 2007.
SBM Offshore N.V. announced that it has raised its 2006 net income expectations from the $165m originally forecast in January of this year to $185m. This increase results from several developments during recent months: • recently announced major contract awards and execution of contracts in hand have enhanced expected returns from turnkey systems projects in 2006; • good performance of F(P)SO fleet generates bonus revenues in excess of originally budgeted amounts;
Berg Propulsion has secured its first major contract from a Ukraine-based shipowner. The grain trader, terminal operator and transport company has placed orders for Berg Azimuth Thrusters as part of its multi-million dollar fleet investment programme. The BAT 416 units will be fitted to a series of new tugs, being built in the Ukraine. This is the biggest single order to date for the BAT azimuth thruster system, which was launched by Berg Propulsion in 2009.
BW Ventures and Investinor AS have made an agreement to acquire OceanSaver, a ballast water management (BWM) system provider. This move strengthens OceanSaver’s expansion strategy and roll out of its current $67m BWM order book. The sale will be finalized following approval by the Norwegian competition authorities and the completion of some due diligence issues with the new owners. OceanSaver had major contracts for 22 BWM systems for tanker vessels in 2010
Chinese Shipyard orders next generation ballast water treatment system by OceanSaver. Rongsheng Shipbuilding Heavy Industries, a large heavy industries shipbuilding group in China, has chosen Mark II, OceanSaver’s next generation ballast water treatment system, for two 317.000 dwt VLCC newbuildings. The contract comes just weeks after DNV type approval, certifying Mark II to fully meet the requirements of the International Ballast Water Convention
A contract has been awarded to Kongsberg Maritime Ltd. to conduct underwater noise studies for an offshore renewables project which could eventually lead to 400MW being installed in the Inner Sound of the Pentland Firth. The contract, awarded by MeyGen Limited, will involve Kongsberg Maritime Ltd. conducting both baseline and operational noise measurements from prototype tidal devices to assess the potential effects of underwater noise on marine life.
Bremen-based STN Atlas Elektronik has been awarded a major contract to supply the Kuwaiti National Coast Guard with a new purpose-designed radar-based coastal surveillance system due to begin service in 2005. The system will comprise a series of nine Atlas 9760 VTS high-resolution radar stations providing loss-free digitized raw video for operator detection of all sizes of targets, particularly very small ones. Additionally
Aker Kvaerner experienced a positive first quarter with an EBITDA of NOK 376 million, reflecting an increase by 20 percent compared to the corresponding quarter last year. The previously stated target of an annualised EBITDA of NOK 1.5 billion in the first half of 2005, was achieved in the first quarter. Few major contracts were announced in the first quarter, but a steady stream of orders resulted in a satisfactory order intake and brought the order backlog to a record-high level of NOK 37
Ciner Shipping Industry & Trading, a subsidiary within Ciner Group, one of Turkey’s growing commerce, industry and service conglomerates, has secured OceanSaver MARK II systems for two suezmax tankers at China’s Bohai Shipbuilding Heavy Industry and four bulk carriers at SPP Shipyard in Korea. Twelve weeks ago OceanSaver informed the market about the launch of its next generation BWT Mark II system and goals to introduce better performing filtration technology
Panel Systems, a U.K. supplier of bespoke sandwich panels has seen a huge surge in demand for Thermhex, an innovative polypropylene honeycomb material which was launched into the U.K. market at the beginning of 2013. The company, which is the U.K. distributor for the product, has secured a series of major contract wins for Thermhex for applications in the commercial vehicle and caravan industry where the material offers substantial weight savings over traditional materials such as plywood
German ship operator Hartmann Reederei chose Marlink to supply standardized Ku-band VSAT services to a diversified fleet of 74 vessels for an initial three-year duration. Hartmann Schiffahrts GmbH & Co. KG is headquartered in Leer, and encompasses the entire value-added chain of shipping
The Rt Hon Edward Davey MP, Secretary of State for Energy and Climate Change, joined GDF SUEZ E&P U.K. in Aberdeen yesterday to witness the signing of another major contract with the U.K. supply chain for the Cygnus project. The deal with Burntisland Fabrication Ltd (BiFab) to construct
TWMA, a company in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field
Aberdeen-based subsea installation contractor Bibby Offshore has signed a charter agreement for construction support vessel (CSV), the Olympic ARES. The agreement with Olympic Shipping will initially be a seasonal charter beginning at the end of Q1 2014 with options to extend.
SAM Electronics of Hamburg, an L-3 company, has been awarded a major contract for supply and installation of a comprehensive IT network and associated equipment aboard Pieter Schelte, the €1.3 billion dynamically-positioned platform installation-decommissioning and pipelay vessel being built
Aker Solutions' operating revenues were NOK 11 158 million in the third quarter of 2012. Year-to-date revenues are 32 percent higher than in the first nine months of 2011. Quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1
The company won several important contracts in the maritime and defence markets during the third quarter 2012. Q3 operating revenues totalled MNOK 3 675 and EBITA came to MNOK 570. This corresponds to an EBITA margin for the Group of 15.5 per cent, compared with 16
UK Government agency Cefas signs major contract with EAOW for Round 3 North Sea windfarm metocean data delivery. The contract is with East Anglia Offshore Wind Ltd (EAOW) to provide metocean data that will support the development of the East Anglia Zone in the North Sea
Strategic Marine, a specialist shipbuilder operating in Singapore and Vietnam, has delivered the Njord Curlew, a high-grade crew transfer and service vessel for Njord Offshore, the UK fleet operator specialising in supply services for the growing offshore windfarm sector.
Decmil Group wins $25-million Shell Australia contract in support of the Prelude Floating LNG facility in the Northern Territory. Decmil has been engaged by Shell as the principal contractor for construction of the Darwin Onshore Supply Base to support the Prelude Floating LNG Facility
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering
Wärtsilä awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Malaysian owner. The contract has been placed by Bumi Armada Berhad, a Malaysian-based international offshore oilfield services provider and also the largest owner and
ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering
Port of Long Beach (POLB) modernization projects created 5,166 new construction-related jobs in the region in 2012. The number of new jobs is mainly linked to the award of contracts for the design and building of the Gerald Desmond Bridge replacement and an ongoing terminal makeover.
Island Offshore has been awarded a major contract extension with BP Exploration Operating Company Ltd. The two-year contract extension, covering 2014 and 2015, has been awarded to Island Offshore and the North Sea RLWI Alliance, which operates three monohull vessels specially designed for well