Offshore Supply Vessel

Cargotec Receives $75.2m in Orders

Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received significant offshore equipment orders. The equipment will be delivered during 2008–2010 and the value of the orders exceeds EUR 55 million. The orders include an order for anchor-handling and mooring winches delivered for Chinese shipyard Yangzhou Dayang. The shipyard is building 32 offshore supply vessels that will be delivered for French shipowner Bourbon. The other orders include several orders for a total of 23 knuckle boom offshore cranes. The cranes will be delivered for 11 offshore supply vessels which will be built in several shipyards in Europe, USA and India. MacGREGOR established in June a new division MacGREGOR Offshore. The division consists of Norwegian Hydramarine and Singaporean MacGREGOR Plimsoll, which were acquired in the spring of 2007. MacGREGOR’s Offshore division employs more than 700 people while the total number of MacGREGOR personnel is approximately 2,000.

A&P Tyne & Stirling Shipmanagement Renew Agreement

A&P Tyne has announced its new ship repair agreement with offshore supply vessel specialist Stirling Shipmanagement, Glasgow, part of the Seacor Group. The agreement is an extension of the original Heads of Agreement between A&P and Stirling Shipmanagement for the dry dock and repair of Stirling vessels operating within the UK sector, for a further year. A&P Tyne successfully carried out dry dockings/repairs to a total of nine (9) Stirling vessels during last year (2001) including the

Farstad Shipping Buys BASS Solution

BASS announced an agreement with Farstad Shipping ASA, a Norwegian shipping company globally operating Offshore Supply Vessels (OSV), to provide Farstad's entire fleet with BASS CrewNet and BASS PayNet solutions. BASS PayNet is designed to streamline and integrate the management of ship-to-shore crew payroll and shipboard accounting processes. BASS PayNet functionalities and business re-engineering enables users to capitalize on opportunities to reduce the workload on the vessel and on shore

VT Halter Marine Secures OSV Contract

Vision Technologies Systems, Inc.'s (VTS) subsidiary, VT Halter Marine, Inc. has secured a contract to build an Offshore Supply Vessel (OSV) for an undisclosed interest. The contract includes options for six additional vessels. This announcement comes within days of VTS concluding the purchase of Halter Marine’s assets. John Coburn, Chairman and CEO, VTS stated, “Commercial contracts such as this one are an important part of VT Halter Marine’s business plan

Baker Joins EBDG

Elliott Bay Design Group is pleased to announce that Gwen Baker has joined the staff as a Marine Designer. Gwen is a recent graduate of the Marine Institute at Memorial University in New Foundland, where she received her Diploma of Technology in Naval Architecture. For her first project, Gwen will be preparing 3-D composite modeling for the 260 ft. offshore supply vessel that the firm has been working on for Hornbeck Offshore Services.

NG Supplies Nav Systems for Brazil OSVs

Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company

SEACOR To Acquire Gilbert Cheramie Boats, Inc.

SEACOR SMIT Inc. signed a definitive agreement to acquire Gilbert Cheramie Boats, Inc. and related companies. The transaction contemplates purchase consideration of approximately $61 million to be paid in cash for all shares of voting and non-voting stock of the companies. No long-term debt will be assumed by SEACOR in the transaction, and the purchase consideration is subject to certain adjustments. The transaction, which is subject to customary closing conditions

ABB Wins $45M in Propulsion Contracts

ABB in Norway has secured new contracts worth $45 million for delivery of complete electric propulsion systems to two icebreakers to be built for CJSV Sevmorneftegaz by the Norwegian shipyard Havyard Leirvik, and four Platform Supply Vessels to be built in China for Groupe Bourbon by Zhejiang Shipbuilding. The contracts with Havyard Leirvik encompass system supply to two multifunctional icebreaking offshore supply vessels for the Russian company CJSV Sevmorneftegaz

Atlantic Towing Expands Fleet

St. John’s NL - Atlantic Towing Limited (ATL), a global marine service provider based in Atlantic Canada, has announced the addition of the Atlantic Raven – a 14,400 hp UT 722 Offshore Supply Vessel. The Raven is the second offshore supply vessel to be added to the ATL fleet this year. The 75m x 18m vessel, with four diesel engines and an oil recovery system will further support ATL’s existing and future contracts for customers in the offshore exploration and production

Project Seeks to Increase Energy Efficiency in Offshore Shipping

A project has been established to identify energy efficiency and fuel saving initiatives for the offshore shipping industry.  The partnership involves a collaboration of seven Norwegian offshore shipping companies. The Joint Industry Project is called Energy Efficient Offshore Partners, and consists of: BOA Offshore, Eidesvik Offshore, Farstad Shipping, Gulf Offshore Norge, Havila Shipping, Siem Offshore and Solstad Offshore