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Offshore Orders

Good Times Coming for Indian Shipyards

According to a Dec. 14 report from Daily News & Analysis, the Indian shipbuilding industry could witness good times once again following a significant rise in offshore activities and favorable policy changes. According to the report, Kejal Mehta, research analyst at Prabhudas Lilladher, said some revival has already been witnessed in the global offshore order-book in the last couple of months. (Source: Daily News & Analysis)  


IHC Merwede Increases Revenue and Profit

IHC Merwede’s expanding portfolio has helped it to record increased revenue and profit figures for 2011, and to maintain its strong order book for 2012 and beyond. In the past year, IHC Merwede’s revenue has increased by four per cent to reach € 1.05 billion. The company’s net profit has also increased to € 103 million with a solvency ratio of 40 percent, demonstrating that IHC Merwede is in strong financial health and able to implement its growth strategy.


Bourbon Orders 56 PSVs

In line with its strategy in modern offshore, Bourbon is expanding its fleet with next-generation, innovative and high-productivity vessels to assist its oil and gas clients in the development of their deepwater and continental offshore operations. On February 28 in the context of its Horizon 2010 plan, Bourbon announced investments of $1.8b, 85 percent of which will be devoted to the Offshore Division. Since January 1, Bourbon has placed the first series of orders


Daewoo Expects 18% Jump in Offshore Orders

According to a report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world’s third-largest shipyard, expects orders for drilling vessels and offshore platforms to increase 18% this year, helped by higher fuel prices. Contracts for drill ships, semi-submersibles and offshore platforms may rise to $6b this year from $5.1b in 2010, according to Nam Sang Tae, Daewoo Shipbuilding’s chief executive officer, the report said.


Rolls-Royce Wins Italian OSV Contract

Rolls-Royce announced an £11million order to design and equip two offshore service vessels for Italian ship owner Fratelli D’Amato.These UT 755 XL vessels will carry out operations in the offshore oil and gas sector and will be built at the Rosetti Marino S.p.A shipyard in Italy. The order includes an integrated system of Rolls-Royce equipment including thrusters for manoeuvring, rudders, propellers, deck machinery and a bulk handling system for the safe loading of fluids and solid


MacGregor Offshore Cranes Meet Specialist Operator's Needs

MacGregor 250-tonne subsea crane and a 15-tonne offshore crane on board Grand Canyon,  the first of Volstads new-generation fleet

MacGregor, part of Cargotec, secured its third identical offshore crane contract for Volstad Maritime AS series of 125m offshore construction vessels being built by Bergen Group Fosen shipyard in Norway. The order is booked in the first quarter 2013 order intake.   Two more active heave-compensated (AHC) MacGregor offshore cranes have been ordered for hull 091, the third in a run of 125m-long offshore construction vessels (OCVs) for Volstad Maritime AS


Offshore Books $1M Of New Business with USCG

Offshore Systems International Ltd. has received orders from Marinette Marine Corp. Shipyard for ECPINS systems for USCG Sea Going Buoy Tender WLB hulls 6 and 7 with an option for an additional nine systems through the year 2003. In addition, Offshore's wholly-owned U.S. subsidiary, Offshore Systems International Inc., has been selected by the USCG and Bollinger Shipyard to provide the Yokogawa EML500HV1 Electromagnetic Speed Log for the new USCG Coastal Patrol Boat (CPB) Program


GPA Orders for Offshore Vessels Increase

Guido Perla & Associates, Inc. (GPA), said that orders for offshore vessels designed by the Seattle-based Naval Architecture firm have increased by 400% within the past two years. Currently, twenty-one GPA-designed Platform Support Vessels are already serving the offshore industry. These vessels include ten 73-meter GPA 670 PSVs owned by Bourbon Offshore and built at Zheijang Shipyard in China, ten 64-meter GPA 640 PSVs owned by Rigdon Marine and built at Bender Shipyards


ABS Reports Continued Growth in 2012

ABS President And CEO, Christopher J. Wiernicki. Photo: ABS

ABS hosted its Annual Meeting in New York on April 23, 2013. ABS Chairman, Robert D. Somerville reported that, "despite the uncertainties of the global economy and of the shipping and offshore markets, ABS turned in yet another record performance." In 2012, the ABS-classed fleet reached 193.5 million gross tons, a growth rate of more than 4% year-on-year. ABS also maintained its leading position in the global orderbook with 21% of all vessels on order designated for ABS class.


VARD's Largest Single Vessel Order

Photo courtesy of VARD

Construction for One Offshore Subsea Construction Vessel for Solstad Offshore Made Effective.   Vard Holdings Limited is pleased to confirm that the contract for the design and construction of a large Offshore Subsea Construction Vessel (OSCV) has been made effective. The contract is the largest single vessel order in VARD’s history. The contract value has already been included in the new order intake and order book values reported at the end of 1Q 2014.


Cat, Deltamarin Develop Modular FPSO Power Unit

Image courtesy of Caterpillar

Caterpillar Launches New Modular Solution Developed with Deltamarin for FPSO and Offshore Platform Main Power at 2014 Rio Oil & Gas Expo and Conference Caterpillar Oil & Gas will launch the Cat Offshore Power Generation Module, a new modular solution for FPSO and offshore platform main


Fifth Jackup Contract for Keppel from Gulf Drilling

KFELS jackup rig

  Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International Ltd. of Qatar to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part of the contract


iSURVEY Awarded Two-year Contract with Island Offshore

Island Valiant

iSURVEY has been awarded a two-year contract with offshore vessel owner, Island Offshore Management, which will see iSURVEY AS provide positioning services to Island Offshore as part of a call off arrangement. Operations have already commenced on the first vessel


URAG Orders Two ASD Tugs from Damen

Photo courtesy of Damen

URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg. This contract follows an order placed in September 2013 for an identical vessel which is under management by


First OSV to Have Rolls-Royce 'Unified Bridge'

OSV Stril Luna: Image courtesy of Rolls-Royce

Rolls-Royce inform that Norwegian ship owner Simon Møkster Shipping has received its new offshore vessel, 'Stril Luna', from Gondan shipyard in Spain. 'Stril Luna' is the first vessel to enter operation with Rolls-Royce’s Unified Bridge and has now arrived in Norway to begin a long-


Caterpillar Debuts MaK M 25 E Engine Platform

MaK M 32 E engine platform

Efficient power solution can deliver up to $250,000 in fuel savings for offshore supply vessels Caterpillar Marine announced the launch of the MaK M 25 E engine platform at the 2014 SMM Exhibition, held September 9 -12 in Hamburg, Germany


Spotlight on German Shipbuilding

11403.1 WEB.jpg

German Shipbuilding: Growing order income with new advanced product solutions The German shipbuilding industry has a world market share of around one percent. This is certainly in another league compared to China, South Korea and Japan, which divide the global shipbuilding pie of containerships


Realizing the Promise of Brazil Shipbuilding

Keppel Shipyard in Rion.

If and when Brazil gets its maritime act together, oh what a shipbuilding market force it could be. The modern Brazilian shipbuilding industry was established in the 1960s, induced by a broad and effective governmental policy. The 1960s and 1970s saw the rise of the merchant marine and


ABB to Deliver Power Solutions to Ocean Rig’s drillships

Ocean Rig Athena

  ABB, a global leader in power and automation technology, has secured an order to deliver total power solutions to Ocean Rig’s two seventh generation new integrated design mobile offshore drilling units (MODU) that is being built by Samsung Heavy Industries (SHI) at Goeje shipyard in


Damen Launches First PSV 3300 for PROMAR

Photo: Damen

Offshore ship manager PROMAR recently marked a milestone with the sideways launch into the Danube of the first of its two Damen PSV 3300s on order. On delivery in February 2015, the Swiss company believes the 80-metre Mamola Reliance will give them a valuable competitive edge in the West African


Offshore Oil Drilling Market to Suffer through 2015

Photo: Seadrill

A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday.


ABB Lands Maintenance Contract from Boa Offshore

Image courtesy of ABB

Boa Offshore has chosen ABB Turbocharging’s Maintenance Management Agreement for servicing of turbochargers aboard four of its vessels, ensuring on-time servicing at agreed prices with a minimum of administration. ABB Turbocharging has announced a further success for its MMA Maintenance


Bibby Offshore Opens Office in Stravanger, Norway

  Bibby Offshore Holdings Limited, [the subsea services provider to the oil & gas industry, is pleased to announce its continued international expansion with the opening of an office in Stravanger, Norway. The Norwegian office for Bibby Offshore will be headed by Arne Lier.


Navy Ocean Services Contracts Awarded to Five Firms

Floating crane: File photo

The US Department of Defense inform that five firms are to share in a broad range of ocean engineering services contracts with a combined maximum dollar value of US$99-million. Details as follows: The five firms are: Truston Technologies Inc., Lafayette, Louisiana


Technip Further Optimizes its Subsea Assets

Proceeds from this divestment will be partially reinvested directly into Technips Subsea business

  Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into






 
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