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.
International oilfield specialist Glacier Energy Services confirmed the acquisition of Aberdeen-based Ross Offshore in a multi-million pound deal, further extending its onsite specialist technical support offering to the energy industry. The purchase sees Glacier Energy Services establish an offshore division headquarters at Ross Offshore's modern facility at Peterseat Drive in Aberdeen. Following the acquisition, Glacier has a combined turnover of more than £15million
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.
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
Bibby Offshore expanded its fleet of North Sea class diving support vessels by signing a contract to charter the DPII DSV Mermaid Endurer from Subtech Ltd. on behalf of Mermaid Offshore Services. The charter will run from April, 2014 for 200 days with extension options and a similar optional period has been agreed from April 1, 2015. The vessel will join Bibby Offshore’s DSV fleet which includes the Bibby Sapphire, Bibby Polaris and Bibby Topaz
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.
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
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
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
Maritime Communication Partner (MCP), a global provider of onboard communications solutions, has announced the recruitment of two highly experienced senior executives to lead its dedicated Offshore and Cruise and Ferry Business Units. Tom Lowehr
A call for sustained innovation and an ‘international level playing field’ on environmental regulation greeted global maritime and offshore business leaders today, as Melanie Schultz van Haegen, Minister of Infrastructure and the Environment of the Netherlands opened Europort 2013 at
Barclays has supported CLS Offshore Limited with a £2 million loan through the Funding for Lending Scheme to purchase their unique quayside fabrication facilities and business premises at Gorleston, Great Yarmouth. In addition to the aforementioned loan
Gibraltar ship repair facility Gibdock say that it has been operating close to full capacity throughout 2013, with offshore sector business the main driver. Edited comments by Richard Beards , Managing Director, Gibdock follow: "We have seen a number of high profile offshore
Wilhelmsen Technical Solutions (WTS) opens an office in Houston to service their increased offshore business. WTS is targeting increased business from the local offshore industry in the Gulf of Mexico and an expanded focus on Brazil, where deepwater offshore production is entering a new and
Marine and fire safety equipment manufacturer and service provider Viking Life-saving Equipment A/S has reported its ninth year of growth – capturing market share from competitors in a difficult business climate and delivering record turnover of DKK 1,584 billion and PBT of 115 million DKK
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.
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
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
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
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
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
MAN Diesel & Turbo recently signed a contract for the supply of 8L32/44CR B.2 engines as part of a complete propulsion package to power a seismic vessel ordered by GC Rieber Shipping of Norway. The contract contains an option for an extra vessel
Palfinger Dreggen finalized the agreement for purchase of the assets in connection with the marine and offshore cranes product areas of the Korean crane manufacturer MCT Engineering Co., Ltd. The acquisition follows Palfinger Marine’s takeover of the Norwegian offshore crane manufacturer and
A significant change that is more than skin deep On the sidelines at Norshipping 2013 in Oslo, Maritime Reporter caught up with Darren Larkins, a 14-year veteran of Ship Constructor, serving the last two years as CEO. The topic: the evolution of the company from that of an engineering tool