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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


ROV Contract for IKM Subsea Singapore

ROV, Merlin WR200: Photo credit IKM Subsea

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


Harding Wins Heerema Sleipnir Contract

Sleipnir (Image: Harding)

Harding has been awarded contracts for nine FF1200 freefall lifeboat systems complete with davits on Heerema Offshore Services BV’s Semi Submersible Crane Vessel Sleipnir. The vessel will be built by Sembcorp Marine at its flagship Tuas Boulevard Yard in Singapore.   Heerema’s Sleipnir is one of just a handful of large offshore projects currently running, along with the Johan Sverdrup Field Centre in Norway, where Harding is also a supplier


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


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.


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


Six CTruk Cats Head for Irish Sea Wind Farm

CTruck Catamaran: Image credit CTruk

CWind wins contract for 6 CTruk 20T multi-purpose cats to provide crew & load transfer services at Gwynt y Môr Offshore Wind Farm. Cwind say that this is their largest vessel contract win, and the six workboats will arrive on site over the next two months as construction activity picks up. The two most recent additions to CWind’s charter fleet, 'CWind Adventure' and 'SC Buzzard', are the first vessels to join the Siemens team at Gwynt y Môr


Tanker Orders And The Flexibility Factor

Chart: Clarkson Research Services Limited

 As the downturn in the number of new vessel orders last year took hold, shipyards’ flexibility to switch sectors to take orders became a key factor in their ability to face up to an extremely challenging period, says Clarksons Research.  


OceanSaver Completes USCG Testing

OceanSaver informs it has finalized all testing required for the U.S. Coast Guard (USCG) type approval application of ballast water management systems.   OceanSaver concluded testing along the Pacific coast of North America in close cooperation with ship owner CSL


Asian Shipyards: Outside The Usual Suspects?

Graph: Clarksons Research

 Although many builder countries struggled to win new orders in 2015, yards in the Philippines, Vietnam and Taiwan managed to increase their combined share of global ordering to its highest level on record, says Clarksons Research.  


Edison Chouest to Build 13 Damen Tugs

Image: Damen

Marine transportation provider and the United States’ largest operator of OSVs, Edison Chouest Offshore (ECO), has teamed up with Damen to build 13 heavy duty mooring assistance and escort tugs. The vessels will be built in the U.S. using ECO’s network of five shipyards with support


Transocean Shares Poised for Big Move

Photo: Transocean

Transocean Ltd shares are expected to move about 8 percent in either direction following its earnings results on Wednesday, options data showed, but positioning among traders suggests some worry.   This would be the biggest post-earnings move for the shares in at least eight quarters.


Mitsui Charters Eight LNG Newbuild

LNG carrier LNG Pioneer. Photo:  Mitsui Lines

 Mitsui & Co. has signed a 25-year time charter deal with Trinity LNG Transport for the eight liquefied natural gas (LNG) carrier that will ship the liquefied natural gas from Cameron LNG project in the United States.   “Mitsui has newly contracted yesterday the eighth ship


CWind Bags Crew Transfer Contract

CWind wins crew transfer vessel contract from Fred Olsen at Walney 1 & 2 offshore wind farms   CWind announced that it has won an eight-month contract to provide crew transfer services to Fred Olsen at Walney 1 and 2 offshore wind farms


Transocean Delays Drillships

Image: Transocean Ltd

 Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced.   The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine


Scottish Ferry Workers on Strike

Photo: CalMac Ferries Limited

 Rail, Maritime and Transport (RMT) union members at the ferry operator CalMac go on strike over the future of services of Scotland’s west coast as two thirds of CalMac routes have been suspended.   CalMac will operate a third of its Clyde and Hebrides ferry services


MacGregor's LBC for Merkers Offshore

Image source Cargotec

  MacGregor, part of Cargotec, has won contracts for its new lattice boom cranes (LBC) from Merkers Offshore, successfully negotiated and procured through Marine Commerce in Singapore. Four 20015-6045 LBC cranes will be installed on two offshore maintenance liftboats - equipped with 80m


Ondimar Firms Order Suezmax Quartet at Navantia

NAVANTIA ratified contracts to build 4 Suezmax tankers, expandable to two

  Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for the construction of 4 Suezmax tankers, expandable to two. 4 boats will involve 3 million hours of work for Navantia and the


Brazil Gives SBM Ultimatum in $250M Bribery Settlement

Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters.


Brazil Deepens Bribery Probe

Photo: Keppel Corporation

 Brazil’s Parliamentary Commission of Inquiry (CPI) has recommended the deepening of investigations into 10 companies - including Keppel, SembCorp Marine and Kawasaki Heavy-  involved in the alleged bribery transactions with Petrobras and Sete Brasil.   


SBM Offshore Hit By Slowing Industry Spending

File photo: SBM Offshore

SBM Offshore the world's top oil production ship leaser, said on Wednesday a fall in orders hit its third-quarter revenue as clients trimmed spending amid ongoing low oil prices.   The Amsterdam-based company, which generates roughly 60 percent of its business in Brazil


Lockheed, Austal Win U.S. Navy LCS Awards

File image: LCS hulls 4 and 6 dockside at Austals Gulf coast facility (Austal)

Lockheed Martin Corp and Australia's Austal have each won contracts worth up to $564 million to build one Littoral Combat Ship (LCS) for the U.S. Navy, the U.S. Defense Department said on Thursday in its daily digest of arms deals. Lockheed's contract covers construction of LCS 25






 
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