Torch Offshore, Inc. announced that its subsidiary, Torch Express L.L.C., has entered into a contract with Davie Maritime Inc. of Quebec, Canada for the conversion of the Midnight Express at a cost of approximately $37.0 million. The total cost of the entire conversion project, including anticipated financial costs, will be between $80.0 million and $90.0 million. The 520-foot LASH (heavy transport) vessel will be converted into a DP-2 offshore construction vessel with the capability to work in varying water depths throughout the world. The Midnight Express has been at the Davie Maritime shipyard since April 2002 where the functional design was being performed. Some of the conversion work will begin immediately; however, the complete contract will not become effective until various conditions are satisfied, including arrangements for the required debt financing for the project. Torch Offshore, Inc. Chairman and CEO, Lyle G. Stockstill, commented, "We have worked very closely with the management of Davie Maritime and their technical staff for several months and we are pleased with their professionalism and the way in which they have tackled the project. We are confident that the personnel of Davie Maritime will do a good job with the conversion of the Midnight Express. The current schedule should put the Midnight Express in the water and ready for work in the fourth quarter of 2003
Torch Offshore LLC is a Gretna, La-based integrated offshore contractor whose niche market is the installation of small diameter flow lines and related infrastructure on the Continental Shelf in the Gulf of Mexico (GOM). In 2002, the company had revenues of $68 million, laying 227 miles of pipe. Torch Offshore operates a fleet of nine vessels that lay the pipe and/or support this activity. The company is in the process of converting two large vessels that will give the company the ability
Bisso Marine announced the addition of Andy Wojtaszczyk. Wojtaszczyk joins the company as Subsea Services project manager, managing saturation diving and ROV operations. Prior to joining Bisso Marine, Wojtaszczyk served as ROV superintendent in Equatorial Guinea for Bienvenue Consulting Services/Hess Corporation and ROV project manager for Offshore Innovative Solutions, Inc. Before that, he was SAT superintendent aboard the DPII DSV Midnight Hunter for Torch Offshore, Inc.
By Larry Pearson It seems to be a soap opera without an end. "It is crazy…makes no sense at all," is a common observation. If you are in the oil and gas business, the number one question is, "When is the drilling going to pickup?" It is a question without an answer…at least through the first quarter of 2004. "Normally when prices are low and oil rises about $25 a barrel and gas goes above $2.50 per million cubic foot, everybody goes back to work," noted Roy Breaux, Jr
On Wednesday July 4, Paul Rowlands, Marketing Executive for Fendercare Marine was given the honor of being an official Olympic Torchbearer and carrying the flame through Fakenham, Norfolk. Paul was nominated to carry the torch in recognition of his fundraising efforts, following the death of his daughter, Alice at just 15 days old in 2007. Alice was born six weeks early and with a rare liver condition, neonatal hemochromatosis
ESAB Cutting Systems introduces Crossbow, a compact oxy-fuel/plasma CNC cutting system that is portable and economical. According to ESAB , the machine’s size and weight make it easy to transport as the application requires. Automated functions and a user friendly CNC provide powerful, versatile, oxy-fuel or plasma processing in a value-minded package. Crossbow is suited for trade schools, small fabrication shops, maintenance and repair shops
Today in U.S. Naval History - November 8 1861 – Capt. Charles Wilkes seizes two Confederate diplomats from the British steamer Trent, causing an international controversy with Great Britain (known as the Trent Affair). 1942 - Operation Torch (Allied landings in French Northwest Africa). American forces land at Casablanca. French naval forces attack U.S. Navy ships and 13 French ships are sunk without a loss to the U.S.
An explosion on a decommissioned nuclear submarine being cut up for scrap metal at a northern Russian shipyard killed at least one person and seriously injured another, an emergency official said Monday. According to the Associated Press, the blast at the Zvyozdochka plant on the White Sea took place at 8:32 a.m. aboard a submarine that had already been stripped of its nuclear fuel and reactors, said Igor Grigoriyev, a spokesman for the Emergency Situations Ministry in the Arkhangelsk
The skipper of a former fishing vessel has been ordered to pay £3,825 in fines and costs after pleading guilty to firing rocket distress flares when not in need of immediate help. A red distress rocket flare was fired just before the boat torch light procession at this year's Salcombe Harbor Festival - popular with participants and spectators - landing on heathland, whilst still burning. Harbor Master Ian Gibson identified and spoke to the culprit Matthew Yeoman
The U.S. Gulf of Mexico offshore rig count continues to rebound, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 mobile offshore drilling rigs in the U.S. Gulf are under contract, a four-rig increase over last week's week count and a seven-rig increase on a month-to-month basis. U.S. Gulf rig fleet utilization this week is 78.0 percent. The European offshore rig count continues to decline
Ship repair and specialist fabrication firm Dales Marine reports a first time achievement as all of its seven docks around Scotland are full for the first time today. Dales Marine’s docks are filled with vessels ranging from offshore supply vessels to ferries
With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013
Last month, POSH Xanadu, the largest purpose-built floatel to date was delivered at PaxOcean in Zhoushan. POSH Xanadu is a ship-shaped column stabilized semi-submersible accommodation platform, housing 750 passengers and crew in 390 spacious cabins
Keppel Corp's full-year profit up 2 pct at S$1.9 bln. Singapore's Keppel Corp Ltd said fourth-quarter net profit rose 6.1 percent to S$725.9 million ($544.8 million), while its full-year profit rose 2 percent and beat analysts' consensus.
Reederei Hamburger Lloyd GmbH & Co KG (RHL), signed a contract with BASS on December 31, 2014, for virtually the full suite of BASSnet software solutions for its fleet of 28 container ships and chemical tankers. BASS said its shipping software solutions cover all major aspects
NOIA President Randall Luthi issued a statement in response to President Obama’s 2015 State of the Union Address, stating that the President missed a few key points regarding domestic onshore and offshore energy production and supply, and its impact on the U.S. economy.
Marlink has been selected to provide Very Small Aperture Terminal (VSAT) services for the fleet of the international dredging and offshore contractor Van Oord. The contract is expected to include 30 vessels being supported by Marlink’s customized VSAT services by the end of 2015.
AVEVA announced that Eversendai Offshore, a brand new customer, has made a significant investment in AVEVA’s Integrated Engineering & Design solutions through its deployment of AVEVA Marine. The agreement includes the full suite of AVEVA Marine engineering and design applications that
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd
EFC Group has completed a $2.2million contract to design and build a BOP and diverter control system for China-based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore). The system is installed onboard DSIC’s newbuild jack-up drilling rig
In a multi-million pound boost to the Northern Ireland economy, Belfast ship builder Harland and Wolff has secured a contract to carry out major work on an oil rig. Dolphin Drilling Limited has awarded H&W the contract for the drydocking and Renewal/Special Periodic Survey of its Byford
The benefits of offshore ports in the U.S. & Africa In many parts of the world, offshore ports are a good solution for meeting the requirements of the rapid changes in the international container and bulk shipping industry. Bigger ships
The ISV Siem Moxie, an Ulstein SX 163 design not only has been deemed a “Great Ship” in our pages, it has also been awarded the “Offshore Renewables Awards 2014” and the “Innovation Awards” by an international panel. The Siem Moxie measures 242 x 55.7 ft
Palfinger Marine acquires Norwegian Deck Machinery AS, expands product portfolio with new deck winches Palfinger Marine has expanded its product portfolio with the acquisition of Norwegian Deck Machinery AS (NDM), stating NDM’s position within the design and development of
With the latest contract for two offshore wind service vessels for Bernhard Schulte/WINDEA Offshore, ULSTEIN has achieved 100 sales of the X-BOW hull line design. The milestone was achieved 10 years after the launch of the X-BOW design in 2005.