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Offshore Market

Deepwater Mining Dredger Delivered to Jan de Nul

Dredger Joseph Plateau’: Image credit Jan De Nul

Spain's La Naval shipyard has delivered a fallpipe and mining vessel to Jan de Nul for work mainly in the offshore market. Joseph Plateau, is a sister vessel to the earlier constructed Simon Stevin, for the Dutch dredging and marine company Jan de Nul. The new dredger will work mainly in the offshore market and is capable of transporting 33,500 tonnes of rock amd can deliver to a depth of 2,000m. The 200m long and 40m beam Joseph Plateau is the  ninth vessel built by La Naval for Jan De Nul since 2002 and is the largest of its kind in the world.


Certex Launches New International Offshore Division

Certex International is launching a new offshore division.  Certex International Offshore Services brings together five companies from the Foranka International AB group that are well established within the global offshore market – Certex Offshore (UK), Certex Norge (Norway), Peter Harbo (Denmark), Erling Haug (Norway) and Haug Offshore Services (Norway).  All five of the component companies will continue to operate on an individual basis but as part of Certex International


MAN B&W Capitalizes Offshore

MAN B&W Diesel has positioned itself on the offshore market, having sold more than 80 engines to the sector so far this year. The leading supplier of large-bore diesel engines has been receiving a particularly high number of orders from Norway and Singapore. The engines ordered are destined for use in nearly all areas of offshore oil and gas extraction, including FPSO, research vessels, platform supply vessels (PSV), anchor handling tug supply vessels (AHTS), pipelay vessels


Acquisition of Drilling Technology Company Sense EDM

TTS Marine ASA has signed an agreement to purchase all shares in the Norwegian drilling technology company Sense EDM. The company supplies drilling equipment and control systems for the on- and offshore markets.


IHC Merwede to Showcase Solutions at OTC Houston 2012

IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and lifecycle support activities at stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012, which runs from April 30 to May 3 in Houston. As a supplier of custom-built vessels and equipment for the offshore market, IHC Merwede is renowned for focusing on the development of integrated solutions, as highlighted by its position as “the technology innovator


Wärtsilä Back to Growth, Stable Profitability in 2012

Wärtsilä has issued its financial statement and bulletin for the period January to December 2012. HIgllights of the review period -Order intake increased 9% to EUR 4,940 million (4,516) -Net sales increased 12% to EUR 4,725 million (4,209) -Book-to-bill 1.05 (1.07) -Operating result (EBIT) EUR 515 million or 10.9% of net sales (EUR 469 million or 11.1%) -EBITA EUR 550 million or 11.6% of net sales (EUR 485 million or 11.5%)


Stratos Announces Expansion

Stratos Global Corporation has entered into a definitive agreement to acquire Shell Offshore Inc.'s telecommunications subsidiary, Shell Offshore Services Company (SOSCo). The transaction is subject to regulatory approvals and customary closing conditions. "The acquisition of SOSCo is consistent with Stratos' long-term strategy of providing communications solutions to high volume industrial customers operating in remote locations," explains Derek Woods, president and CEO of Stratos


Teekay Offshore Signs Brazil Shuttle Tanker Contract

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) TOO -0.92% , announced today that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil.   The contract with BG will be serviced by four Suezmax-size DP2 shuttle tanker newbuildings to be constructed by Samsung Heavy Industries in South Korea


Wilhelmsen Maritime In FSN Private Equity Joint Venture

File image

Wilhelmsen Maritime Services (WMS) says it has signed a letter of intent with the Nordic private equity fund FSN Capital to establish a joint venture within engineered solutions, equipment and services to the maritime and offshore markets currently trading under the business area Wilhelmsen Technical Solutions. The new company, to be owned 50% each by Wilhelmsen Maritime Services (WMS) and FSN Capital, comprises the business within HVAC, insulation


Bureau Veritas Selects New Offshore Lead

Matthieu de Tugny (Image: Bureau Veritas)

Matthieu de Tugny to lead Bureau Veritas' offshore activities Bureau Veritas has appointed Matthieu de Tugny as Senior Vice President in charge of offshore activities within the marine and offshore operating group. He is tasked with driving forward Bureau Veritas Group initiatives in the oil and gas offshore market and enhancing Bureau Veritas’ technical leadership and recognition in this market.   Matthieu de Tugny graduated from the Ecole Nationale de la Marine Marchande


Subsea 7, KBR Team Up

Image: Subsea 7

 Oslo-listed offshore shipowner Subsea 7 has signed an agreement with Houston-based company, KBR and its subsidiary Granherne, to form an alliance in the delivery of concept and front end engineering and design (FEED) services.  


Nantong Tongbao Bags Order for 8 Chemical Tankers

Image: Nantong Tongbao Shipbuilding

 Nantong Tongbao Shipbuilding has signed shipbuilding agreements with joint buyers, Shanghai Dingheng Shipping and Xiamen Xiangyu Group, for the construction of eight chemical tankers worth RMB1bn ($160.95m)   The delivery of tankers sized from 2,000dwt to 15


Havyard Group Restructuring to Stay Profitable

New focus areas Havyard hopes that other markets, such as fisheries, aquaculture and renewable energy, will help to compensate for the downturn in the offshore market.  Here represented by a Havyard 832 SOV that is operated

  Havyard Group ASA is taking further measures to adapt to the market situation and maintain the Group's profitability, thereby securing jobs for the future All business areas in Havyard Group have been affected to a varying degree by the general downturn in the market in the oil industry


MN 100: ABS

Rowan Reliance.jpg

The Company: Since its founding in 1862, the American Bureau of Shipping (ABS), a New York registered not-for-profit corporation, has been committed to setting standards for safety and excellence as one of the world’s leading classification societies


Liebherr Sells Knuckle Boom Cranes to China

Photo: Liebherr

Liebherr offshore crane division has recently signed a contract with long-time partner DALIAN SHIPYARD (DSIC Offshore) for two state-of-the-art ram luffing knuckle boom cranes of the type RL-K 4200-100 LIT to be delivered for the new high-level semi-submersible BT 4000.  


Near Term Outlook Mixed for Shipping

Clarkson Office Locations

  Shipping services company Clarkson PLC warned that the outlook for the industry remains mixed in the short term and dry bulk and offshore in particular present challenges.   "The near term industry outlook remains mixed and the challenges in some of our markets continue


ASL Profit Nosedives

Photo by ASL Marine

 Singapore shipbuilding group ASL Marine has posted a sharp drop in net profit for its third quarter as revenues from its shipbuilding, shiprepair and chartering segments fell across the board.   Net profit for the three months to March 31 plummeted 65


Sentinel Orders ERRV at Cosco Guandong

Image: consultoría

 China's COSCO (Guangdong) Shipyard has secured a contract from Aberdeen-based Sentinel Marine to build a TAERRV (Tanker Assist / Emergency Response / Rescue / Field Support Vessel).   Cosco says the vessel’s expected delivery date is in the first quarter of 2017


Alewijnse Success at Damen Shiprepair Dunkerque

Photo: Alewijnse

Electrical system integrator Alewijnse Marine Systems is celebrating the first anniversary of delivering electrical services and maintenance to vessels at Damen Shiprepair Dunkerque. Twelve months after it began work there, the results are well above expectations with 19 contracts fulfilled for 10


KNOT Orders New Tanker for Charter with BG Group

Image: Knutsen NYK Offshore Tankers AS (KNOT)

 Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.    This contract is for a maximum 20-year period starting from the second quarter of 2017 and follows the


Harvey Gulf Acquires Shipbuilding Assets

Gulf Coast Shipyard (Photo: HGIM)

Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group   Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets, the company announced today


Is It Too Late To Tangle With Spike in Shipping Market

Graph: Clarksons Research

 A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.   In fact the latest in a series of interesting and extreme price spikes is going on in the shipping market today


AVEVA, DNV GL's Sesam Integration Cuts Cost

  Integration of Aveva and DNV GL's Sesam Reduces Costs in Maritime and Offshore Engineering. Engineers designing ship hulls and offshore floaters can now save time and money in the early design phase due to a breakthrough allowing transfer of 3D models from AVEVA Marine to Sesam GeniE


MacGregor's LBC for Merkers Offshore

Image source Cargotec

  MacGregor, part of Cargotec, has won contracts for its new lattice boom cranes (LBC) from Merkers Offshore, successfully negotiated and procured through Marine Commerce in Singapore. Four 20015-6045 LBC cranes will be installed on two offshore maintenance liftboats - equipped with 80m


Decommissioning of Maersk Endurer

Maersk Endurer

  Maersk Drilling has decided to decommission the rig Maersk Endurer from the fleet and recycle the rig with Zhoushan Changhong International Ship Recycling in China. “Given the current market situation and the over-supply of drilling rigs in the offshore market






 
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