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Stx Osv

STX OSV Wins Contracts for Two OSCV

Siem Offshore declares contract options for STX OSV Holdings to design & construct two Offshore Subsea Construction Vessels (OSCV). The vessels will be equipped with a 250t AHC crane and with Launch and Recovery Systems (“LARS”) for Remotely Operated Underwater Vehicles (“ROV”). Deliveries are scheduled from STX OSV Brattvaag in Norway in 2Q 2014 after the delivery of the hulls from STX OSV Tulcea in Romania. STX OSV already has two OSCVs under construction for the same customer in Norway, and two Platform Supply Vessels (“PSV”) in Brazil. Siem Offshore Inc. is an owner and operator of modern support vessels for the global oil and gas service industry. Siem Offshore Inc. currently has a fleet of 37 vessels in operation and 8 vessels under construction. Its fleet includes large AHTS vessels, OSCVs, PSVs, and other support vessels.  


STX Europe Q3: OSV Keeps Good Margin

Cruise & Ferries remain challenging. Highlights: STX Europe achieved operating revenues of NOK 4 480 million in third quarter 2012, a decrease of NOK 763 million compared to corresponding period 2011 (Q3 2011: NOK 5 243 million). Profit before tax for third quarter 2012 of NOK 250 million (Q3 2011: NOK 535 million).   Third quarter shows that healthy EBITDA results continue from STX OSV, while the result of Cruise & Ferries business area is not satisfactory due to lower than


STX OSV to Go Public in Singapore

STX Offshore and Specialized Vessels  is expected to launch an initial public offering in Singapore soon, according to a report on http://english.chosun.com. According to the report, STX OSV plans to debut there on Nov. 11.   (Source: http://english.chosun.com)


Rolls-Royce Wins $69m OSV Contract

UT 731 web.jpg

Rolls-Royce won a $69m order to design and equip two advanced offshore anchor handling vessels for Norwegian ship owner Farstad Shipping. The UT 731 CD vessels are designed and equipped to handle anchors for oil rigs, tow rigs to location and also serve as supply vessels. They can operate in extreme climatic conditions and ultra deep waters, undertaking precise rig manoeuvring operations in water up to 3,000m deep. They are also equipped for sub sea construction and installation duties


Offshore Support Vessel Shipyard Flourishes

Norway-based shipbuilders, STX Holdings, outperform the FTSE Straits Times Oil & Gas Index The offshore support-vessels builder has outperformed the FTSE Straits Times Oil and Gas Index, of which it is a component, making year-to-date returns of 38.8 per cent compared with the index's 16.8 per cent, reports 'Sgmarine Industries'. First and foremost, STX is in the right place at the right time, with the conventional shipbuilding sector having taken a hammering because new ships


Fincantieri to Take Controlling Interest in STX Offshore

Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors. With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size. Fincantieri now becomes one of the top five shipbuilders worldwide and the leading Western producer, also in terms of diversification and presence in the high value added segments


Island Offshore Chooses Rolls-Royce Propulsion Systems

UT776 CD_web.jpg

Rolls-Royce recently won a £20 million (over $32.5 million) order to design and supply power and propulsion systems for two UT 776 CD supply vessels for Island Offshore. Island Offshore were the first to introduce the UT 776 CD ship, which is designed to transport supplies to and from offshore oil and gas platforms. These vessels are the ninth and tenth ordered by the operator to date. In addition to the ship design


Rolls-Royce Secures Two OSV Design Contracts

RR_DEsign web.jpg

Rolls-Royce, a global power systems company, today announced that it has won a £15 million order to provide design, integrated power and propulsion systems and equipment for two offshore service vessels for ship owner Island Offshore. The contract includes options of four additional vessels.   Per Kristian Furø, Rolls-Royce General Sales Manager – Offshore said: “We have worked very closely with Island Offshore over the last decade to develop a wide range of


Advanced Anchor-handling Vessel to Fit RR Deck Machinery

Rolls Royce wins a contract to supply safety critical deck equipment for Iceman AS operated new offshore anchor-handling vessel Rolls-Royce, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor handling frame (AHF) and a hydraulic anchor winch, which is capable of pulling 500 tonnes


Fincantieri 2012 Profits Up on Previous Year

Shipbuilders, Fincantieri, publish its 2012 financial results; announce resignation of Chairman Corrado Antonini. Highlights: ·         Profit for the year in excess of euro 15 million (euro 9 million in 2011); ·         EBITDA at euro 137 million (euro 138 million in 2011) with a margin of 5.7%; ·         Revenues at euro 2,385 million (euro 2


China's STX Dalian Shipbuilding Affiliates in Bankruptcy

An STX Shipyard scene: Photo STX

Six affiliated companies of STX Dalian Shipbuilding, China's largest wholly foreign-funded shipbuilding company, are to start bankruptcy reorganization procedures, reports Xinhua, citing a court statement in Dalian City in northeast China's Liaoning Province.


Vard Holdings acquires STX Canada Marine Inc

Vard, Built on Trust

  Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has acquired STX Canada Marine Inc., a leading marine engineering and design company with more than 30 years history in North America, for approx


Wilson Sons InksTwo PSV Contracts with Damen

From left to right: Erik Hertel (Sales Manager Damen), Bram Verwijs (Project Manager Damen), Michael Schröder (CEO Ultratug), Federico Irrgang (President Wilson, Sons Ultratug), Arnaldo Calbucci (Vice-President Wilson, Sons), Martín Brau (CEO Antares Naviera), |René Berkvens (CEO Damen), Adalberto Souza  (Director Wilson Sons Shipyard), Frits van Drenth (Product Director Damen), Arnout Damen (COO Damen), Rutger Dolk (Sales Manager Damen) [Photo: Damen]

At the International Tug, Salvage and OSV Convention on June 19, Wilson Sons (Brazil) and Damen Shipyards Group (Netherlands) signed a contract for two Damen PSV 5000s. This contract further strengthens cooperation between the two companies, where Wilson Sons builds vessels locally using a Damen


Eastern Shipbuilding to Launch Another HOS OSV

Launch of similar OSV: Image courtesy of ESG

Eastern Shipbuilding Group, Inc. invites interested parties to the launch of the Offshore Support Vessel (OSV) 'HOS Brass Ring' at 3:00 pm C.T. on Friday, August 8, 2014 at Eastern's Allanton Shipyard. 13300 Allanton Road Panama City, FL 32404.


ASSONAVE: Shipbuilding Trending Upward

A Fincantieri shipyard: Photo courtesy of the shipbuilders

The Annual Meeting of ASSONAVE, the association of Italian shipbuilders, ship-repairers and producers of marine components and systems took place in Rome recently, chaired by its President, Vincenzo Petrone. Main points as follows: The Association explains that this was the first meeting to take


ABB Wins US$20-Million in Offshore Vessel Orders

Ulstein SX165: Image credit ABB

Power and automation technology group, ABB, says it has won contracts worth in excess of $20 million to supply electrical power and propulsion systems for two next generation offshore vessels. First Order: Ulstein SX165 design OSV The first vessel is being constructed at Ulstein Verft in


Kongsberg Wins Contract for 14 BP Tankers

Kongsberg Maritime has secured contracts for the delivery of fully integrated navigation and automation systems for a series of 14 crude/product tankers ordered by BP shipping Ltd. The new builds will be delivered by STX Offshore and Shipbuilding Co., Ltd. by September 2016


STX Finland Delivers Cruise Ship to TUI

Mein Schiff 3

On Thursday 22 May 2014, STX Finland Oy’s Turku Shipyard handed over the first newbuild to TUI Cruises. Mein Schiff 3 is a sophisticated and highly innovative cruise ship, designed for the German premium-class cruise market.   With the production started in November 2012


Vard to Build OSV for Island Offshore

Image courtesy of Vard

Vard Holdings Limited, a global designer and shipbuilder of offshore and specialized vessels, has secured a contract with Island Offshore for the construction of one Rolls-Royce designed offshore support vessel (OSV). Vard reports the value of the contract exceeds NOK 1 billion.


Fire Aboard Wind Farm OSV Extinguished

Image courtesy of A2SEA

A fire broke out in the engine room of the offshore support vessel (OSV) 'Sea Gale' while in the vicinity of the wind farm Meer Wind, 15 miles north of Heligoland, according to Maritime Denmark. The blaze began in the engine room and spread to the exhaust system on the 24 -meter-long vessel owned


STX Finland Completes Fjord Line Cruise Ferry Conversion

Photo courtesy of STX Finland

On June 4, 2013, STX Finland and the Norwegian passenger ship company Fjord Line AS signed a contract on conversion of Fjord Line’s cruise ferry. The steel production for the conversion project began January 10, 2013. In connection with the rebuild of MS Bergensfjord


Thoma-Sea Launches Two TAI Designed Ships

Regulas (Photo: TAI)

Technology Associates, Inc. (TAI) of New Orleans, La., announced that two derivatives of vessels built from TAI’s EnviroMax designs were both launched this week. Another EnviroMax OSV built from its design was also delivered a week earlier.


VSTEP Simulators Power New Tug & OSV Training Center

360- Control VSTEP

During a ceremony on June 3, the new 360-Control Tug & OSV Training Center was officially opened for the general public and customers. The simulators for the training center are delivered and installed by VSTEP.   The high-tech training center is a project of 360-Control


Meyer Werft, Finland Plan to Buy STX Shipyard

STX Europes Turku shipyard in southwest Finland specializes in building post-Panama class cruise vessels. (Photo courtesy of STX Europe)

Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the Finnish economy ministry said on Monday. STX Europe belongs to Korean STX. The Turku shipyard specialises in building cruise ships and has


Eastern Launches Another Hornbeck Vessel

Eastern Shipbuilding launched HOS Black Watch for Hornbeck Offshore Services (Photo courtesy of Eastern Shipbuilding)

Eastern Shipbuilding Group, Inc. announced the launch of the HOS Black Watch (Hull 208) on Friday June 6, 2014 for Hornbeck Offshore Services, LLC. The HOS Black Watch is Eastern’s fourth vessel in Hornbeck Offshore’s HOSMAX 310 class series.






 
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