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Two Large

STX Finland Wins N. Sea Contract

STX Finland Oy has signed a contract for the construction of  two large offshore modules for the North Sea. The modules will be delivered  from STX Finland´s Turku Shipyard at the end of year 2012. The project will bring some 250 man-years of labour to Turku Shipyard.    The construction of these two large modules with overall dimensions of approximately 63m x 52m x 47m and 40m x 45m x 13m will start during spring 2012. The total weight of these two modules will be more than 5000 tons. This demanding project will include the steel fabrication, surface protection and hot outfitting of the modules. When completed the modules will be transported by barge to Norway, for final assembly, outfitting and commissioning.


Samsung Lands $330 Million in Orders

South Korea's Samsung Heavy Industries Co. said on Saturday it won $330 million in orders to build a liquefied natural gas (LNG) carrier for BP Amoco Plc and two large container vessels for Hong Kong's Orient Overseas Container Line Ltd (OOCL) - scheduled for delivery in early 2004. BP Amoco would pay Samsung Heavy $170 million for a 138,000-cu. m. LNG carrier, a Samsung spokesman said. The two container ships for OOCL


Abu Dhabi Awards Construction Contract

Abu Dhabi Shipbuilding (ADSB), has granted a major construction contract worth $12.2 million to a joint venture of Arabtec and Overseas AST Co. The contract is the first of two major construction contracts planned in ADSB's ongoing facility expansion. This past August, the company signed a separate contract with Synchrolift for a new shiplift system, which is currently being manufactured. This contract with Arabtec and Overseas AST includes the construction of shiplift piers, dry berths


Fugro Seacore Jacket Installation Works for Australia’s Largest Platform

Fugro Seacore (FSCL) has just completed drilling on the jacket installation works on the North Rankin B platform in Australia.    Fugro Seacore designed, built and operated two large pile top drills for Heerema Marine Contractors for jacket installation work of the platform substructure. The North Rankin B platform is the Australia’s largest offshore platform, measuring 100m long by 50m wide weighing 25


Storm Sets Barges Adrift in Hudson River

Multiple sources reported that two large construction barges moored near the Tappan Zee Bridge in New York broke free and floated down the Hudson River. Strong winds from a recent snowstorm caused the barges to break from their moorings and float down the river, one traveling as far as 15 miles before being recovered. Both barges have been put back into place. There has been no report of injuries. The Associated Press pointed out that this is not the first time a barge has broken free


Zueitina Oil Port Still Closed after Rebel Deal

Libya's eastern Zueitina oil port was still not under government control one week after an agreement with a federalist rebel group to immediately reopen it along with the Hariga terminal, a spokesman for National Oil Corp (NOC) said on Monday.   The spokesman said that NOC was still waiting for confirmation from the government-run Petroleum Facilities Guard that they were able to establish full control over the complex.  


North Europe – Morocco KNSM Service Upgrade

Maersk Sealand and P&O Nedlloyd announced the upgrade of the direct KNSM service between North Europe and Morocco. To replace existing smaller tonnage, the companies will, beginning at the end of November 2005, phase in two larger and faster vessels, each with a capacity of over 400 TEU (at 14 tons/TEU). The upgraded service will include Bremerhaven, Germany in a new weekly fixed day rotation of Bremerhaven; Casablanca (Morocco), Agadir (Morocco), Rotterdam (Netherlands), Bremerhaven


Canadian Superior Acquires Offshore Acreage

Canadian Superior Energy Inc. acquired two major exploration licenses offshore Nova Scotia from the Canada-Nova Scotia Offshore Petroleum Board. It has been advised by the Canada-Nova Scotia Offshore Petroleum Board that Canadian Superior was successful in acquiring two large offshore drilling licenses totaling 822,000 acres offshore Nova Scotia at the Canada-Nova Scotia Offshore Petroleum Board's November 1, 2001 Land Sale (See Canadian Superior's website at www.cansup


LNG Powered OSV Delivered to Island Offshore

Island Contender: Photo credit Island Offshore

Island Offshore's new UT 776 CDG design vessel 'Island Contender' delivered by STX Brevik shipbuilders. The owners say that fuel consumption measurements show that it was correct to go for this configuration: two larger gas engines which can be used alone or together in all operational situations, and twin diesel engines if more power is required. With the actual prices of gas and gasoil it is a considerable saving to utilize gas


Dockwise Liftboats to Transport New Statoil Offshore Rigs

Artists impression of White Marlin courtesy of Dockwise

Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis) inform it has been awarded a contract by Statoil Petroleum AS for the transportation of two very large new jack-up drilling rigs from Korean shipbuilders to the North Sea, said to be the largest and heaviest jack-up rigs ever to be transported on a heavy marine transport vessel. The two rigs are on order with a South Korean yard and are scheduled to be transported to Norway between the second half 2016 and the


Brent crude eases toward $107, eyes on Libya

China exports fall for 2nd straight month in March, while U.S. crude stocks rise, at a record on the Gulf coast (EIA). Libya's oil guards take control of Hariga port, Zueitina pending and OPEC sees lower demand for its crude in 2014. Separately, Brent to fall to $107.17.


Libya to export first cargo since rebel deal

An oil tanker is due to load 1 million barrels of crude on Tuesday from Libya's recently reopened Hariga port, its first export shipment after a deal to end months of closures at its key terminals, the National Oil Corp. (NOC) said. The tanker is due to take its load to Italy


Med Urals Market Awaits Short May Loading Schedule

Activity in the Russian Urals crude market froze on Tuesday as traders said they were awaiting the first loading dates for May for signs of how much supplies from the world's top oil producer could fall next month. Traders said they anticipated lower exports from Russia in May as several major


POSH raises $311m in Singapore IPO

Image: POSH file photo

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business. PACC Offshore Services Holdings (POSH) could raise at least S$388


European Offshore Wind: Financiers Can Invest, But ...

Image courtesy of EWEA

The offshore wind industry needs between EUR90 and EUR123 billion by 2020 to meet its 40 GW target
, and equity and debt providers are willing to invest, but they fear regulatory instability considers the the European Wind Energy Association (EWEA).


Topaz Buys Two Anchor Handling Vessels

Caspian Challenger

Topaz Energy and Marine has announced the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of $100 million (USD). The vessels, the Caspian Challenger and the Caspian Endeavour


Canadian Ports Offer Financial Incentives for Energy Efficiency

Photo: Port Metro Vancouver

Canada’s two largest west coast ports are now both offering financial incentives to shipowners based on the ‘A to G’ Greenhouse Gas Emissions (GHG) rating, which benchmarks the energy efficiency of the international shipping fleet.


Fendercare Provides STS Support Services

fendercare_logo.png

Fendercare Marine provided STS support services for the first open sea’s Liquefied Natural Gas (LNG) STS operations for two of the world’s leading Gas Majors. The LNG STS operations were performed in the Eastern Mediterranean with a number of 152


Shell’s Largest GoM Platform Starts Production

Photo: Shell

Shell has begun production from the Mars B development through Olympus, the company’s seventh and largest floating deepwater platform in the Gulf of Mexico. It is the first deepwater project in the Gulf to expand an existing oil and gas field with significant new infrastructure


Ingalls Shipbuilding Adds Warehousing Acreage

Ingalls Shipbuilding Purchases Former 84 Lumber Property in Moss Point Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has purchased property in Moss Point where the former 84 Lumber was located. The acquisition of the property closed on Jan. 31.


Bulletproof Crewboats Delivered in Nigeria

Photo: Incat Crowther

Incat Crowther is pleased to announce that Veecraft Marine has delivered a pair of 20m Monohull Crewboats and signed a contract to build a 30m Wave Piercing Catamaran Crew Boat. Hot on the heels of delivering Magen Defender and Masud Defender


BP enters into partnership with New Zealand companies

Oil major BP said it entered into a joint partnership with New Zealand Refining Co Ltd and Z Energy to procure and process crude oil through New Zealand's only refinery, according to a report on Voxy's website. BP and Z Energy, the refinery's two largest customers


MHI Reports $586M Loss on Cruise Ship Builds

Pier Luigi Foschi, Chairman & CEO of Costa Crociere, (center) and Hisashi Hara, Director, Executive Vice President and General Manager of Shipbuilding & Ocean Development business of MHI (second from right) sign the contract in 2011.

Mitsubishi Heavy Industries, Ltd. (MHI) booked an extraordinary loss of approximately 60 billion yen (roughly $586 million USD) on the build of two cruise ships as a loss provision related to the construction work in its consolidated financial results for fiscal year (FY) 2013 (ending March 31


Libya's Ports Prepare to Load Oil Tankers

 Hariga, Zueitina ports expected to open first  Deal calls for more talks on larger terminals (Adds context, background, oil prices) Libya's Zueitina oil port prepared on Monday to load crude on tankers after the government reached a deal with rebels to reopen four


UPDATE: After Deal, Libya's Ports Prep to Load Oil Tankers

* Hariga, Zueitina ports expected to open first * Deal calls for more talks on larger terminals (Adds quotes, colour, background, PVS TRIPOLI) ZUEITINA PORT, Libya/TRIPOLI, April 7  - Libya's Zueitina oil port prepared on Monday to load crude into tankers after the government


 
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