Million Order
Daewoo Heavy Wins $140M Greek Order
Daewoo Heavy Industries Co. Ltd. reportedly won a $140 million order from Greece's Kristen Navigation Inc. to build two very large crude oil carriers.
Cargotec Receives Order for Cargo Cranes
Cargotec receives EUR 25 million order for MacGregor cargo handling cranes from China. Cargotec has confirmed a contract worth around EUR 25 million from a Chinese shipyard to deliver 104 MacGregor cargo handling cranes for 26 Bulk carriers. The cranes will be delivered during 2012 and 2013, majority in 2013. The order is booked in the third quarter of 2011. “The ordered cranes are MacGregor GLB cranes and they offer an efficient and reliable cargo handling solutions
HHI Set To Put Big Dent in Offshore Market
Hyundai Heavy Industries (HHI) is reportedly set to win up to $1.3 billion worth of orders for offshore projects by end-June, according to published reports. The roster of anticipated contracts includes a pending deal for an FPSO in West Africa, an order for a semi-submersible to be deployed in the Sakhalin project, and an order to set up a jack-up production platform in the Caspian Sea, Reuters reported. In 2001, Hyundai Heavy received in excess of $2 billion in offshore project orders
KVH Q4 2009 Results
KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the fourth quarter ended December 31, 2009. Revenue for the fourth quarter of 2009 was $26.3 million, up 24% from the quarter ended December 31, 2008. Net income for the period was $1.8 million, or $0.13 per diluted share. During the same period last year the company reported net income of $0.3 million or $0.02 per diluted share. For the year ended December 31, 2009, revenue was $89.1 million, up 8% compared to $82
COSCO Win Jack-up Drill Rig Contract from Talland
COSCO Corp. secures US$170-million order from Talland Navigation Corp. Ltd. for a jack-up drilling rig. COSCO (Dalian) Shipyard Co. Ltd., a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a US$170-million contract from Talland Navigation Limited Corporation, a subsidiary of Foresight Limited (London) to build a jack up rig based on the LeTourneau Super 116E Class design. The new rig will be built to ABS classification, with notation A1
Hyundai Heavy to Build World’s Largest Containerships
Hyundai Heavy Industries (HHI) announced the Company won a $700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater treatment system. The electronically-controlled main engine will maximize fuel efficiency, and reduce noise, vibrations, and carbon emissions by automatically controlling fuel consumption to suit
Korean Shipyard Wins Ultra-deepwater Drillship Contract
Samsung Heavy Industries gets $645-million order for advanced capability, ultra-deepwater drill ship Ensco plc has has ordered a new advanced-capability, ultra-deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea. The vessel, ENSCO DS-8, will be the sixth Samsung DP3 drillship in the Ensco fleet, extending the benefits of Ensco’s fleet standardization strategy
ABB to Supply Key Equipment for Russian Icebreaker
ABB wins $35 million order for next generation icebreaker in Russia’s Arctic. Integrated propulsion and electrical systems to maximize performance and energy efficiency of icebreaker expected to operate in 2 meters of ice at minus 35 degrees Celsius Zurich, Switzerland, October 1, 2012 – ABB, the leading power and automation technology group, recently won an order worth $35 million from the Baltic Shipyard Ltd
Rolls-Royce to Design, Power, Brazilian OSV's
Rolls-Royce wins a £24 million order to design & equip four platform supply vessels (PSVs) for Brazilian ship owner Bravante Group. The UT 775 SE PSVs are designed to carry deck cargo, pipes and diesel oil to and from offshore oil and gas platforms. They will be chartered by Petrobras. Bravante Group will build the vessels at their ship yard in Niteroi, Brazil, as they have done for previous orders. In addition to the design
ABB Wins Third Ichthys FPSO Major Contract
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, procurement and construction (EPC) contractor for the FPSO, Daewoo Shipbuilding & Marine Engineering. This is the third major contract that ABB has been awarded for the Ichthys oil and gas project
Keppel Secures $225 Million Order From Ensco
Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine has secured a contract to construct a KFELS B Class jackup rig, ENSCO 110, from Ensco plc. The construction cost, together with the commissioning, systems integration testing and project management is expected to be
Alfa Laval Wins SEK 55 Million Order from MAN
Alfa Laval – a heat transfer, centrifugal separation and fluid handling company – won an order from MAN Diesel and Turbo to supply Alfa Laval PureSOx exhaust gas cleaning systems for two cruise ships. The order for four scrubbers is booked in the Marine and Offshore Systems segment
MacGregor Receives €37 Million Order from Hornbeck
Cargotec's MacGregor has received €37 million order from Hornbeck Offshore Services Inc. to deliver four 250-ton active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015
Cargotec Wins €22 Million Order
Cargotec's MacGregor received €22 million order to deliver a 900-ton active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered
ABB to Power Subsea Construction Vessels
![Pipe_laying_vessel_design_VS_4146_PLV[1].jpg](http://www.marinelink.com/images/show.aspx?aid=8633&width=300)
ABB wins $18 million order for subsea pipeline construction vessels. Energy efficient electric propulsion, reliable power distribution systems for two deepwater pipeline installation vessels to be built by Daewoo in South Korea Zurich, Switzerland, May 16, 2012 -- ABB
ABB Wins Electrical Contract for Drillships, LNG Carriers
ABB wins $80 million order from Samsung Heavy Industries to supply electrical systems for 5 drillships & 2 LNG carriers ABB's order, worth $80 million from Samsung Heavy Industries, is to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two
ABB Wins $80 million Order From Samsung Heavy Industries
ABB recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea.
TRIYARDS Get US$77-million Order for Offshore Unit
TRIYARDS, the fabrication arm of Ezra Holdings, contracted to builid a specialized offshore unit (detail not disclosed) Since the company began operations in 2005, TRIYARDS has been focusing on the construction of technologically advanced, high-specification
Korea's STX Offshore Wins Patrol Ship Order
STX Offshore wins US$ 132-million order for 3 patrol ships for the Korea Coast Guard. Under the deal with the Korea Coast Guard (KCG), STX Offshore will deliver the vessels by the end of 2015, the company told Korea Times. The vessels, equipped with a Vulcan cannon
STX Europe Q3: OSV Keeps Good Margin
Cruise & Ferries remain challenging. Highlights: STX Europe achieved operating revenues of NOK 4 480 million in third quarter 2012, a decrease of NOK 763 million compared to corresponding period 2011 (Q3 2011: NOK 5 243 million). Profit before tax for third quarter 2012 of NOK 250 million
Rolls-Royce to Design & Power Chinese OSV's
Rolls-Royce wins a £12 million order to design and equip two platform supply vessels (PSVs) to be built at Jiangsu Eastern Heavy Industries in China. Rolls-Royce UT 755 LN vessels are designed specifically for transporting solid and liquid cargo to and from offshore oil and gas platforms
Imtech Gain Contracts & Launch Global Vessel Tracking Center
In addition to recent €82-million orders for marine services and maintenance, Imtech establishes a Global Control Center for ship tracking. René van der Bruggen, CEO Imtech says; 'In the marine market, Imtech is working towards strategic growth in its services and maintenance
Rolls Royce Gets COSCO Multiple OSV Contract
Rolls-Royce contracted to provide integrated design, power & propulsion & equipment package for four Rolls-Royce UT 771 CDL offshore supply vessels. Rolls Royce's £26 million order is for vessels to be built at COSCO (Zhoushan) Shipyard Co. Ltd, in China for a Hong Kong owner
LRAD Corporation Awarded $1.4 Million Order
LRAD-RX(R) Systems to be Installed on Commercial Shipping Vessels LRAD Corporation (Nasdaq:LRAD), a provider of long range acoustic hailing devices (AHDs), has announced it has been awarded a $1.4 million LRAD-RX systems order from an Asian company for commercial maritime shipping
Hyundai Heavy Wins $2 Billion Offshore Facilities Order
Hyundai Heavy Industries (HHI), a shipbuilder and leading offshore facilities contractor received a letter of award for a $1.3 billion (USD) order for a floating production unit (FPU) and a $700 million order for a tension leg platform (TLP) from Total E&P Congo on March 26.