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Stx Norway

STX Europe to Build Three Icebreakers

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 Europe Contract for Eco-Friendly Design

Photo courtesy STX Europe

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 Norway Offshore to Build Icebreaker Tugs

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 OSV Contracts for Two PSVs

stx-osv.PNG

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


Tidewater Takes Over STX Pan Ocean PSV Newbuild Contracts

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


Steam Beats Hot Water to Keep Heavy Oil Viscous

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 Now STX Europe

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 Refinances Credit Facility

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 New Contracts, Island Offshore

Island Commander (Photo courtesy STX Europe)

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 to Build LNG Powered PSV for Solstad

Photo courtesy STX Europe

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


Bibby Offshore Wins First Norwegian Contract

Olympic Ares (Photo: Bibby Offshore)

Bibby Offshore’s Norway division, Bibby Offshore AS, has secured its first contract in the region with ConocoPhillips Skandinavia.    Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering


Norwegian Officials Meet with HHI Leadership

Erna Solberg (Photo: Thomas Haugersveen/Prime Ministers Office)

Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI, and Kwon Oh-gap, president and CEO of HHI.


Statoil Looks to the Arctic to Increase Exploration off Norway

Oil firm Statoil is looking to a rebound in exploration activity offshore Norway in the next few years with a focus on the Arctic, having curbed activity due to the oil price slump, the firm's exploration chief for Norway told Reuters.  


Statoil: Limited U.S. LNG Impact in Europe this Year

File Image: An LNG STS Transfer underway (credit: Excelerate)

The European natural gas market is well supplied by pipeline gas from Norway and Russia, Norway's Statoil said on Wednesday, adding that it expected only limited impact from U.S. liquefied natural gas (LNG) supply this year. "Looking at the gas market moving forward the starting point is


CMA CGM, GAC Ink Agency, Service Deal

GAC Norway has been appointed to meet the needs of CMA CGM vessels for agency, husbandry and mandatory NOx reporting at Oslo, the country capital and home to its largest port. Photo  GAC

The Scandinavian arm of the world’s third largest container shipping company CMA CGM has signed an agency, husbandry and NOx reporting agreement with GAC Norway for its ships calling at the port of Oslo. The CMA CGM Group has a fleet of 470 vessels serving 400 of the world's 521


Norway’s Joint Submarine Plan

Norwegian ULA Class Submarine. Photo: Ministry of Defence

 Norway is seeking partner countries for future submarine project in order to reduce cost and secure a robust submarine capability for the future, reports UPI.   The current Norwegian Ula-class submarines will gradually reach their end-of-life in the 2020s


Navig8 Acquires Product Tanker

Photo Courtesy Navig8

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of the Navig8 Experience, a 74,000 DWT LR1 tanker from STX Offshore & Shipbuilding Co., Ltd


Increased Norwegian Content for Johan Sverdrup Platform

An illustration of the utility- and living quarters topside

Today, Kvaerner and its sub-contractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field. The topside construction starts on schedule and budget. The Johan Sverdrup development is being executed with a high degree of Norwegian value creation


Boskalis to Transport Johan Sverdrup Platform Modules

Johan Sverdrup Photo Statoil

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway


G E Shipping Acquires Product Tanker

G E Shipping

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a Newbuilding Medium Range Product Tanker “Jag Punit” of about 49,700 dwt. The company had contracted to buy the ship in December 2012. The vessel is built at STX Offshore & Shipbuilding Co. Ltd., Jinhae, Korea


MSC Cruises Orders Four More Ships from STX

MSC Magnifica, which entered service in 2010, was built by STX for MSC (Photo: STX)

French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-euro ($4.1 billion) deal announced on Wednesday.   MSC Cruises, part of privately owned shipping group MSC, has in recent years been the main customer for STX France


Navig8 Leaseback Pact with with Chinese Financer

Photo: Navig8 Chemical Tankers Inc.

 Navig8 Chemical Tankers has signed sale and leaseback agreements with China's Bank of Communications Financial Leasing (BCFL) for a quartet of medium range tankers.   The  for four 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding Co


ABB to Power Norwegian Hybrid Car Ferry

Image: Multi Marine

ABB will supply the power system for a hybrid car ferry serving a passenger route in Norway. The vessel will run as a hybrid but can be modified to run as a full electric ferry with shore charging system.  According to ABB, the contract is another success in northern Europe


Norway Shortlists DCNS, ThyssenKrupp for New Subs

Ula-class submarines. Source: Royal Norwegian Navy

 Norway's Defence Minister Ine Eriksen Søreide of the Conservative Party made it clear that there would be no submarine deal with Sweden, according to the Norwegian newspaper Verdens Gang.    Instead, Norwegian defense officials have narrowed down their search to French and


Norwegian Archipelago Orders ProZero Workboat

Image: Tuco Marine

Norwegian Archipelago Services purchases another ProZero 10.5 meter workboat; Holmestrand Municipality commissions the vessel for the Archipelago services   Norwegian Archipelago Services has bought a second ProZero workboat. The vessel was sold by Tuco Marine in Denmark in close






 
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