Wins Contract

ASL Marine Wins Contracts

Singapore shipbuilder ASL Marine said in a statement on Tuesday it has won shipbuilding contracts worth $108.3m. ASL Marine's shipyard unit will construct seven vessels in total for customers in Europe and India and expects to complete the projects by 2009. Source: Reuters

Aker Kvaerner Wins Contracts from Daewoo

Norwegian engineering, construction and technology group Aker Kvaerner ASA has secured two drilling riser systems contracts from Daewoo Shipbuilding & Marine Engineering. The contracts, worth $75m, cover complete deepwater marine drilling riser system with buoyancy package and associated equipment. The systems will be used for two drilling units under construction by Daewoo Shipbuilding & Marine Engineering. The drilling riser systems will be manufactured by Aker Kvaerner Subsea in

Saab Transpondertech Wins Contract

Saab TransponderTech has won a contract to supply Automatic Identification System (AIS) base stations in China, as part of a major extension of AIS coverage along China’s coastline. The contract, which was awarded by the China Marine Safety Agency through Shanghai Navstar Technology, includes 35 dual base station sites with networking systems and enhanced data logging functionality. This AIS network will expand coverage in the Yangtse River and the North, East and South China Sea

Hyundai Wins $300M Contract

Reports indicate that Hyundai Corporation has won shipbuilding contracts worth $300 million through its joint shipbuilding venture in China. The company announced that an additional deal concerning 9 units of 5,500-ton bunkering tankers had been signed in January 13 at the Shangri-La Hotel in Qingdao. The event, which was presided by President Mark Juhn and other related personnel, was also used as the signing ceremony for the new-building contract of 16 units of 5

AOPL Wins Contract

Atwood Oceanics, Inc. announced that its wholly owned subsidiary, Atwood Oceanics Pacific Limited (AOPL), has been awarded a contract by Chevron Australia Pty. Ltd. to provide a newly constructed Mobile Offshore Semisubmersible Drilling Unit for a firm three year period, with an option to extend the firm period to six years. The contract provides for an operating dayrate of approximately $470,000, if the firm commitment is three years and approximately $450,000

ROV Contract for IKM Subsea Singapore

IKM Subsea Singapore wins contract to provide ROV services onboard a construction support vessel for a FPSO Hook-up & Commission project in India. The vessel has been mobilized in Singapore and is currently enroute to India. IKM Subsea will be providing the in house built Merlin WR200 Workclass ROV together with all necessary toolings onboard the vessel to support the operations. Business Development Manager, for IKM Subsea

Emerson Wins Contract

Emerson Process Management has supplied over 1500 Rosemount pressure and temperature transmitters for use in the Sakhalin II offshore oil and gas production project in the Sea of Okhotsk. Situated in Russia’s far east; Sakhalin Island, North of Japan, experiences environmental conditions which provide a challenge to measurement instrumentation, with extremes of ambient temperature (from -45 to +40C) and wide daily changes

Saigon Shipyard Completes Largest Vessel

The Saigon Shipbuilding Industry Company (SSIC) handed over Wednesday a 6,500 ton freighter to the Saigon Shipping Company. The Saigon Queen, which cost $7.2 million, is 103-m long and 17-m wide, and has a top speed of 23 km per hour, is the largest vessel built by the shipyard. On its maiden run, the ship will carry agricultural products to China. The SSIC, a subsidiary of the Vietnam Shipbuilding Industry Corporation

Aker Kvaerner Wins Contract in Vietnam

Aker Kvaerner has been awarded a five year contract by Cuu Long Joint Operating Company (CLJOC) for the supply and installation of surface wellheads and valve trees in the Vietnamese Cuu Long Basin. Aker Kvaerner's business area Subsea will supply the wellhead and control tree system as well as associated components. The equipment will be used to support the new Sutu Vang (Golden Lion) and Sutu Den (Black Lion) fields of the Cuu Long Basin.

Legislative Setback for LCS

The Senate Appropriations Committee voted to cancel the second of two advanced Navy combat ships – Litorral Combat Ships (LCS) – to be built by General Dynamics, the Washington Post reported. Since its inception, the LCS program has been hailed as a major plank in the program to grow the U.S. Navy fleet from 275 to more than 300 ships, but the program has been beset in recent months as lawmakers and the military questioned rapidly escalating production costs.