STX Europe has, through its wholly owned subsidiary STX Norway Offshore AS, signed contracts to build three icebreaker tugs for JSC Circle Marine Invest. The subsidiary company, Caspian Offshore Construction in Kazakhstan will operate the vessels in the Kashagan field of the northern Caspian Sea. The vessels will be delivered in 2010 and 2011, and the total value of the three contracts amounts to approximately $111.5m. The vessels are designed by the STX Europe subsidiary Aker Arctic, and have a length of 213 ft and a beam of 53.8 ft. The vessels will have the Ice class notification 1A* Super, according to the Finnish-Swedish Ice classification rules. Further, the vessels will be equipped and designed for other operations like fire fighting, rescue operation and towing in shallow waters. (www.stxeurope.com)
STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately $71.4m. JSC Circle Marine Invest will through its subsidiary Caspian Offshore Construction in Kazakhstan operate the vessels in the Kashagan field of the northern Caspian Sea. The vessels are designed by the STX Europe subsidiary Aker Arctic, and have a length of 213
STX Europe has been awarded a contract with Deep Sea Supply for design and building of a Platform Supply Vessel. The new PSV 09 CD design, optimized for eco-drive in all weather conditions, is designed by STX Europe in Ålesund, Norway. The vessel is scheduled for delivery in Q1 2012, and will be built at STX Europe in Brazil. The contract is signed with Deep Sea Supply Navegação Maritima Ltda. in Brazil, a subsidiary of Deep Sea Supply in Arendal, Norway.
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close to NOK 600 million. The vessels will be of STX OSV’s own PSV 08 design. Deliveries are scheduled from STX OSV Langsten in Norway and STX OSV Vung Tau in
STX OSV Holdings Limited say Tidewater Inc. has acquired contracts for 3 Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels for STX Pan Ocean Co. Ltd. in 2010, and Tidewater has now entered into an assignment agreement with STX Pan Ocean to take over these contracts. The first vessel in the series will be delivered to Tidewater during 1Q 2013
Tests by Parat Halvorsen on oil spill response equipment (OSR) for offshore supply vessels reveal significant deficiencies with systems using hot water coils. Norway's Parat Halvorsen undertook a series of trials after a number of lower cost hot water coil alternatives came on the market the market. Kim Kristensen, Marine and Offshore, Parat Halvorsen says: “We have shown empirically that steam injection is the one viable solution proven to keep heavy oil viscous enough for easy
Aker Yards, builder of cruise and offshore vessels, changed its name to STX Europe. The name change reflects the entry of the South Korean-based STX Business Group as principal shareholder in the company during summer 2008. Effective Nov. 3, the international shipbuilding group Aker Yards, with head office in Oslo, Norway, and all its subsidiaries, will share the common brand STX Europe.STX Europe specializes in designing and building advanced cruise ships and purpose-built vessels for
STX Europe has refinanced its revolving credit facility. The new facility is a 3 year financing of $86.8m, provided by Nordea. Woori Bank of Korea, is participating with 50 percent. "For a capital intensive industry like ours, where we continuously take on and complete new shipbuilding projects, the ability to constantly renew our financial platform is important. I am pleased to see that we have been able to work with and secure this significant credit facility in October
STX Europe has entered into new contracts with Island Offshore for the building of two Platform Supply Vessels. The vessels will be built at STX Europe in Brevik, and are based on the same design as Island Commander and Island Chieftain delivered from STX Europe earlier this year. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total value of the contracts amounts to approximately $137.5m. The vessels are of Rolls-Royce UT 776 CD design
STX Europe has been awarded a contract with Solstad Rederi AS to build an innovative LNG-powered Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 12 LNG design. The vessel is scheduled for delivery in Q4 2011. The value of the contract is approximately $67.5m. Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, said: "Today's order confirms our strong position in design and building of environmentally friendly vessels
Subsea 7 S.A. announced it has been awarded a pipeline and construction contract worth approximately $300 million from Wintershall Norge AS for the Maria field development. The contract consists of engineering, procurement, construction and installation (EPCI) of 95 kilometers of rigid
Ten years ago, Rolls-Royce partnered with the Norwegian University of Science and Technology (NTNU) and the Marintek Research Centre to create a unique research centre in Norway. The partners have renewed their agreement in Trondheim, Norway
Dubai Maritime City Authority (DMCA), the organization tasked with developing, monitoring and promoting maritime activity in the Emirate, announced its program for this year’s Nor-Shipping, held in Oslo and Lillestrøm, Norway.
South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) has won an order for up to eight LR1 tankers with a total value of $ 375 million. The contract provides for the construction of four oil tankers of 74,000 tons plus the ability to build four additional ships
Aiming to boost its operations in the Asia-Pacific territory, control instrumentation and electrical engineering specialist CMR Group has invested in a new Korea office. CMR Group Korea has opened in Busan under managing director Brian Kim who will be leading the company’s operation
Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has selected a Swedish company to drive further growth in Scandinavia. Scanunit has agreed to a partnership with SCI for sales and installation rights of Safelaunch lifeboat release and retrieval
MacGregor reorganized into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development of Systems and Equipment for Offshore Floating Units. MacGregor appoints Høye G
Norway’s Ocean Yield has bought eight chemical tanker newbuildings for $306.8m from Navig8 Chemical Tankers Inc, which will lease the vessels back on 15-year "hell and high" bareboat charters. Navig8 Chemical Tankers has options to buy the vessels during the
Goliat, the first cylindrical floating production, storage and offloading (FPSO) vessel on the Norwegian Continental Shelf built for Eni Norge and partner Statoil at Hyundai Heavy Industries (HHI), will feature ALMACO’s cold stores and refrigeration machinery.
Indonesian President Joko Widodo and Prime Minister of Norway Erna Solberg agreed to cooperate on deep sea technology for oil and gas exploration and maritime sector. Norway has been advanced on deep sea technology and Indonesia thinks it is beneficial to have cooperation in this
Germany's family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday. Meyer Werft and the government last year bought the troubled shipyard from Korean trade and ship corporation STX
A good order book and need for higher capacity in the dock were the basis for STX France to purchase more welding automation for its shipyard’s panel welding. STX France decided to turn to Pemamek after a competitive offering round
Shipowner Navig8 is progressing the application of Interline9001, a advanced cargo tank coating from AkzoNobel’s International marine product range, on a series of 18 chemical tankers currently under construction at Hyundai Mipo Dockyard, South Korea
High ranking state officials from Norway met with the senior management team at DNV GL’s maritime headquarters in Hamburg today. Tor Svensen, CEO, Knut Ørbeck-Nilssen, COO, and Torsten Schramm, President of DNV GL – Maritime
Naval forces from 10 NATO nations and Sweden have launched one of its biggest-ever anti-submarine exercises in the North Sea in Norway to practice detecting and hunting submarines in an annual exercise whose real-world relevance has grown in the past year.