A recent survey conducted by Trelleborg’s offshore operation paints a positive industry outlook with decision makers taking a long term ‘value-add’ view. Original equipment manufacturers (OEMs) rated product quality, responsiveness and skills above cost as the most important supplier attributes. In fact, only 4 percent cited cost as a primary driver in determining preferred partners. However, there is a missing value link, as in practice cost savings appear to be taking priority. While suppliers with more substance may be winning-out at the tender stage, when it comes to implementation the temptation to try and make short term cost savings is clear. 78 percent of OEMs, operators, contractors and consultants admitted to changing the specification of a project for budgetary reasons. Thor Hegg Eriksen, President of Trelleborg’s offshore operation, said, “The overall effect of reduced oil prices is applying pressure across the supply chain and that’s evidenced by the research findings. While the market buys into choosing a value-add partner over a purely transactional arrangement, it doesn’t appear to be maximizing the third party expertise we know can make the difference. “Our survey points toward an offshore industry that believes it is putting long term strategies first, when the research shows short term decisions with cost front of mind
Supplier of specialist offshore cargo carrying units, Swire Oilfield Services, has announced the acquisition of the assets and operating business of Australia based Weir OCI, creating the largest regional supplier of offshore cargo carrying units (CCU) in the Australian and Asian region. Weir OCI is the company’s second Australian acquisition in the past year, and takes investment in the region to more than $25m
Wärtsilä received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation. After internal evaluation by project management teams, 28 Chinese and international vendors participating in nine of CNOOC's major projects were honored. Wärtsilä is involved in four of these projects. This was the first time that CNOOC had arranged such an event to recognize its best suppliers, and the awards were presented at a ceremony held in Beijing
EDT Offshore (Cyprus), an operations and management company for offshore support and dredging services, has taken delivery of a Damen Fast Crew Supplier 3507 and an FCS 5009: the EDT Leda and the EDT Nefeli. Both are built according to the Damen Sea Axe design, which reduces slamming up to 75 percent and increases crew comfort. The EDT Nefeli is outfitted withDP1, FiFi 1 and a luxury interior for a high level of passenger comfort during longer trips.
MacGregor, part of Cargotec, has signed a contract with Shell for a Pusnes permanent mooring system. Contract value is around EUR 20 million. "We are very happy to finalise this large contract," says Jan Martin Grindheim, Vice President, Offshore Mooring Systems at MacGregor. "It is strategically important to maintain our market share in the Gulf of Mexico and to maintain our position as a supplier of high-end offshore mooring systems," notes Mr Grindheim
Faststream awarded two year preferred supplier agreement for permanent recruitment services by Chevron Products UK Limited Maritime, offshore and oil and gas recruitment group Faststream has been awarded a two-year supplier agreement by Chevron Products UK Limited. The agreement will see Faststream supply permanent recruitment services to Chevron in the U.K. and Europe within four of its operating companies covering gas and midstream, downstream and chemicals, technology
Maritime supplier, Noreq announced the acquisition of Acta in Denmark. Since 1955, Acta has been a supplier of offshore marine cranes, life raft- and MOB davits as well as deck machinery. Acta is the only crane manufacturer in the world having CE marking on offshore cranes for wind power installations off shore. Acta is located in Odense, Denmark and the name of the new company is NoreqActa. “With this acquisition, the Noreq group is not only strengthening our foothold in the lifeboat
Alstom SA, the third-largest power-equipment maker, expects higher sales for its wind turbines this year and next, buoyed by growing demand in Brazil and offshore bids in Europe. “We’ve improved all our financial indicators this fiscal year,” ending March, compared with last year, including sales, order intake and operational performance, Alstom renewable unit chief Jerome Pecresse said in a March 15 interview. “We’re expecting growth to continue next year
On January 18th, 2013, Damen Shipyards Galaţi (Romenia) has launched the World Diamond, the first of a series of six fully equipped Platform Supply Vessels for Norwegian offshore company World Wide Supply. The PSV 3300 series is part of Damen´s newly designed range of platform suppliers. Like the other five ships, The World Diamond is built and completed in Galati in cooperation with Damen Shipyards Gorinchem (The Netherlands) which provides the design
Damen Shipyards Galati has handed over the second platform supply vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s PSV 3300 design, has been delivered to World Wide Supply. Delivery comes just seven weeks after the handover of the first of class PSV 3300, World Diamond, and is part of a rolling six-ship handover schedule from Damen for WWS.
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa will become the official brand of the joint venture which has expanded its fleet in the offshore towage
Which will be the first 300 ships in the world to test and validate Sea Traffic Management (STM) with updated systems free-of-charge? As the shipping domain is takes steps in information technology, the STM Validation Project aims to demonstrate the STM concept in large-scale test
Raytheon Anschütz, a leading integrator of naval integrated bridge systems, has successfully completed the Sea Acceptance Test (SAT) for the Synapsis Tactical Command System (SYNTACS) aboard a series of new Interceptors and Patrol Boats built at CMN’s Cherbourg shipyard in France.
MacGregor, part of Cargotec, has won an order for substructure connection mooring systems for the world's first floating offshore wind farm: Statoil's Hywind pilot park in Scotland. MacGregor will be responsible for the delivery of the Pusnes substructure mooring connection system for
The Damen Shipyards Group recently unveiled a series of new vessel designs based on its popular 16 metre long, 5 metre wide, semi Axe Bow design. The first of the vessels is owned and operated by Van Oord for crew transfer in the Caspian Sea.
Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers investments of around NOK 2 billion, realizing a 60-70 percent cost reduction per MW from the Hywind
The results of two DNV GL led joint industry projects (JIPs) and a JIP pre-study commissioned by Statoil are now captured in a new Recommended Practice (RP) on offshore fiber ropes. With a system perspective on mooring performance, DNVGL-RP-E305 provides new industry guidance for achieving cost
World Wide Metric, a global supplier specializing in the distribution of valves, flanges, piping systems and hydraulic components in JIS and DIN, and ANSI standards, is celebrating its 45th anniversary. In 1970, former ship captain Constantinos Contos
Vard Holdings Limited, a designer and builder of offshore and specialized vessels, said it has secured a new contract for the design and construction of one offshore vessel for an undisclosed international customer. The new offshore vessel is designed by Vard Design in Ålesund, Norway
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, the Interior Department’s Bureau of Ocean Energy Management (BOEM) yesterday held the nation’s fifth competitive lease
Ballast water treatment (BWT) specialist Optimarin said it has become the first UV system supplier to meet USCG marine water requirements, positioning the Norwegian company for full USCG approval in 2016. In a series of land-based tests, both the standard MPN (regrowth) method and the more
Viega LLC has announced its membership with Shipbuilders Council of America (SCA), making it the first member representing the state of Kansas. SCA’s mission aims to support and promote the American shipyard industry, which includes ship builders
Up to now, the port of Rotterdam, the largest seaport in Europe, has played a negligible role in the construction of offshore wind farms in Europe. But that is about to change. On Maasvlakte 2, Sif Group and Verbrugge International are building a dedicated offshore terminal and a production
Mackay Communications, Inc. acquired CMC Electronics’ commercial marine business on October 30, 2015, from Canadian parent, Esterline, a supplier of aviation systems. Esterline divested their marine sector to concentrate efforts on its core aviation business
Offshore energy support vessel operator Seacat Services has placed an order for up to four new vessels with local boat builder South Boats IoW. The DNV-GL class-certified next generation 23- and 27-meter catamarans have been specifically designed to cater for the changing needs of European