With 2002 happily in the rearview mirror, many signs point to a far more lucrative times for the ship and boatbuilding industries of the world, with a surge in offshore business leading the way. With many lucrative potential projects on the board in the Gulf of Mexico and abroad, ship and boat builders large and small are counting on increased offshore drilling opportunities to lead the way to prosperity in 2003. In a recent story published by Reuters, Hyundai Heavy Industries Co. officials are quoted as saying the offshore engineering orders will rise by more than a third -- to $1.5 billion -- making it a major plank in the plans of the world's largest shipbuilder. HHI is said to have booked about $1.1 billion in new orders in this niche in 2002, and it notes that many large projects are currently in the bid process.
Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce that its subsidiary PPL Shipyard has completed the acquisition of a 100 per cent equity interest in Sabine Industries, Inc. (SII) and its subsidiaries Sabine Offshore Services, Inc (SOSI) and Sabine Shipyards, Inc (SSI) and a 25 per cent equity interest in Sabine Vessels, Inc (SVI) for a total consideration of US$6.4 million.
HATLAPA builds its largest stern rollers to date for Maersk Supply Service’s two new tugs under construction in Chile. The Danish shipping company Maersk Supply Service has ordered two large stern rollers from HATLAPA to be used in the two vessels built at the Chilean shipyard Asenav. The tugs will be built for worldwide use in the oil and gas industry. The first of two orders was delivered in early 2013, with the second to be completed by March 2014
Iberdrola chooses Areva Wind as preferred supplier for its Wikinger Offshore Wind Farm in German waters. Under the terms of the agreement, with construction scheduled for 2016 and 2017, Areva Wind will support Iberdrola on foundation and tower design optimization, project logistics, installation concept and project certification with regulator Bundesamt für Seeschifffahrt und Hydrographie (BSH). The Wikinger offshore wind project
Fendercare Marine launch a new range of piggyback saddles to assist pipeline installation in the offshore industry. Piggyback saddles - alongside clamps and spacers - can act as a shaped interface between a pipeline and a cylindrical buoyancy tank, to ensure the tank rides comfortably and safely on top of the pipeline during the laying operation. They can also act as separators during parallel lay installations and are most frequently used when smaller secondary umbilicals or
Jumbo has been awarded a North Sea FPSO mooring, installation and hook-up contract by EnQuest. EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up. This will be the first offshore project in which Jumbo will act as the main contractor and not as a subcontractor. EnQuest is redeveloping the Alma and Galia fields, located in Blocks 30/24, 30/25 and 30/29
Swire Oilfield Services (Swire), has reinforced its commitment to growth with a significant investment in its North American operations, as part of the company’s global $150 million investment this year. The company entered the Gulf of Mexico in 2007 with the establishment of an operations headquarters in Houma, Louisiana. Since then it has expanded with nine new facilities across the Gulf coast and North America, including Port Fourchon
Offshore engineering specialist, Lankhorst Mouldings and independent engineering design consultancy, RiserTec have announced a co-operation agreement for the design and manufacture of dynamic bend stiffeners. Under the agreement, RiserTec will design and test the riser ancillary products and provide project-specific technical support to Lankhorst. Lankhorst Mouldings will manufacture the bend stiffeners at its facility in the Netherlands.
Cosalt Wind Energy has appointed Adrian Macklin as its new Operations Manager. With a proven track record in project and operational management, business development and distribution management, Adrian brings with him a wealth of experience in managing large teams of people within a wide distribution network. In his new role Adrian will be responsible for developing Cosalt's rapidly expanding team of wind turbine engineers and promoting a culture of service excellence
Bahrain-based Ship Repair Yard Invests $188m in facilities; Expands offshore operations Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) has come a long way since starting operations towards the end of 1977, as the Arabian Gulf’s first VLCC repair yard. Today ASRY is involved in the repair of all types of commercial vessels, naval craft and offshore jack-up rigs. It also has an expanding newbuilding division which has built specialist barges as well as completing four
Houlder said it will open an office in Houston to service key oil and gas clients headquartered in the U.S. The company said the move is the latest of a series of expansion steps and follows the delivery of an increasing number of offshore project engineering
In related recent announcements Ultrapetrol (Bahamas) says it intends to offer secured Notes, & has completed the sale of 7 barges. Ultrapetrol (Bahamas) an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply
International classification society Bureau Veritas has issued its annual group global Activity Report and its separate Marine and Offshore Business Review. The Bureau Veritas 2012 Activity Report provides a global picture of the group's performance and key achievements in 2012 and highlights
Wilson Sons Limited announced its results for the First Quarter (1Q13). Highlights The Company’s Net Income reached $19.5 million, primarily due to strong performances in the Towage, Offshore Vessels, and Shipyard businesses. “Despite soft exports
GE continues to expand its technology portfolio to address the challenges of offshore drilling & production and the rigors of deepwater drilling. Several GE business units showcased their latest products and services for the offshore sector in at the 2013 Offshore Technology Conference (OTC)
Drydocks World and Maritime World, one of the largest and most diversified shipyards in the world, announced that Chairman Khamis Juma Buamim, will participate in the Mare Forum, Rome, Italy where he will deliver a keynote address. The theme of the forum “Quo Vadis” (Where are you
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Latin America Sales Manager, Juan Guarin, will present the EXMAR FLRSU project at the Offshore Colombia Forum on May 6. Wison Offshore & Marine was awarded a contract by Exmar in June 2012 for
ALATAS Americas is a global company with strong roots in maritime and fast growing branches in the offshore sector. MR visited Robin Thomas, VP, for his take on emerging trends in both sectors. ALATAS is a global company with roots in the maritime sector
Joint venture partners in the East Anglia Offshore Wind Zone, Vattenfall & ScottishPower Renewables, support local sub-contractors. Vattenfall and ScottishPower Renewables, joint venture partners behind the East Anglia Offshore Wind Zone
At the 151st Annual Meeting of the Members of ABS, and the subsequent meeting of the ABS Council, industry leaders were elected to serve on a number of bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property
ESSI Corporation and Hughes team up to address the unique requirement of this hardworking maritime sector. When ESSI Corporation and Hughes teamed in 2009 to deliver broadband VSAT services to the workboat industry, they quickly discovered that not only was this a unique industry
Ashtead Technology, announces the sale of its North American Instruments business. The Instruments business, which specialises in the rental of onshore environmental monitoring, non-destructive testing and visual inspection equipment, has been acquired by New Jersey-headquartered Pine
On the occasion of Mitsui O.S.K. Lines (MOL) 129th anniversary, MOL President, Koichi Muto released the following statement: “Today, I am pleased to join all of my MOL Group colleagues in celebrating the 129th founding anniversary of the MOL Group.
Drydocks World announced the launch of its Drydocks World - Global Offshore Services arm at a special ceremony organized at Dubai Maritime City, the new business units located in Fujairah and Dubai Maritime City and Drydocks Dubai.
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd