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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


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

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


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.


Three European firms win Angola deepwater deals

Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger scale and risk for the deep-sea contracting and construction sector. Saipem of Italy announced a $4 billion contract related to


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


ASL to Build Three Rotor Tugs, Seismic Vessel

Rendering courtesy of Rotor Tug

Singapore's ASL Marine Holdings says its subsidiary ASL Shipyard has won contracts worth approximately S$91-million for the construction of 3 Infield Support Vessels (of ART 100-42 class Rotor Tugs design) and a Seismic Support Vessel (SSV).


China lends Argentina $7.5 bln for Power, Rail Projects

Argentine President Cristina Fernandez and her Chinese counterpart, Xi Jinping,

  Argentina signed deals on Friday to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. Among the deals signed, Argentine President Cristina Fernandez and her Chinese counterpart


GE Wins More Than $600m to Expand Brazil’s Pre-Salt O&G Fields

In the last 12 months, GE has won contracts valued at more than $600 million to provide propulsion systems with customers in the pre-salt oilfield expansion off Brazil’s east coast. GE’s systems will power, propel, navigate, position and control drillships and also power and control


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


VTMS Indonesia Contract for Transas

Traffic Control Station: Photo credit Transas

Transas Marine Pacific & local representative win contracts to supply & install Vessel Traffic Management Systems (VTMS) for Samarinda and Banjarmasin ports. In addition to this, Transas will upgrade the current VTS system in the Semarang port with a fully redundant AIS Base Station


Rolta to Provide India's National NAVTEX Network

Rolta India Ltd wins contract for establishing "National NAVTEX Network" from a subordinate office under the Ministry of Shipping, Road Transport & Highways, Government of India, that provides general aids to navigation along the Indian coast.


Hornbeck Contracts Eastern Shipbuilding for Two MPSVs

Photo: Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. announced that it has won contracts from Hornbeck Offshore Services, LLC.  for two 302’x76’x26’ Multi-Purpose Supply Vessels. Eastern is currently under contract to construct four 292’ and six 302’ OSV’s for Hornbeck


ABB Wins North Sea FPSO Power & Automation Order

FPSO General Layout: Image courtesy of Dana Petroleum

ABB wins contract worth $20 million for providing power & automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. ABB's delivery will contribute to efficient and safe operations


Maran Takes Delivery of Electric LNG Carrier

Equipped with a GE electrical induction-based propulsion solution, the Woodside Rogers can be powered by tri-fuel engines that run on natural gas, marine diesel gas or heavy fuel oil.

The first electrical LNG carrier to be ordered by Maran Gas incorporating induction-based electric propulsion motor technology from GE’s Power Conversion business is expected to enter commercial service in July. The Woodside Rogers, built by one of the major Korean shipbuilders


Kleven Net OCV Construction Contract

Image credit Kleven

Kleven has signed a contract with Østensjø Rederi in Haugesund, Norway, for the building of a 150 m long offshore construction vessel.  Total contract value is NOK 1.4 billion, making it the largest contract ever for Kleven.


China's CNOOC Place Large Scana OSV Propulsion Systems Order

Image courtesy of Scana Propulsion

Scana Industrier has through its Norway-based subsidiary Scana Propulsion signed contracts with a value around 50 million NOK in second half 2013. The orders are related to delivery of propulsion systems for offshore vessels within China.


Container Industry Stuck in a Vicious Cycle

Photo: Maersk

The industry is stuck in a vicious cycle, Drewry reports – although new ships may give carriers lower slot costs, the supply/demand dynamics are out of kilter and freight rates remain very volatile. Drewry Maritime Research’s 1Q14 Container Forecaster report highlights that the


French foreign minister meets Raul Castro on historic visit to Cuba

 France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.  






 
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