ABB won contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs. The orders, all booked during November 2005, include: • Six 10 Megawatt (MW) Azipod propulsion units for three Arctic shuttle tankers being built for Russia’s Sovcomflot at Samsung Heavy Industries in South Korea for delivery between 2007-2009. The order also includes main generators, main switchboards, propulsion transformers, propulsion drives and propulsion and remote control systems from ABB. • A contract to outfit three vessels at Aker Langsten shipyard in Norway. These include electrical propulsion systems for one well intervention vessel and one anchor handling, towing and supply vessel (AHTS) for Island Offshore as well as one AHTS for Farstad Shipping. Delivery of the equipment will begin in late 2006. • High-voltage switchboards for four container vessels to be built at Korea’s Daewoo Shipbuilding and Marine Engineering for Hamburg Süd Group of Germany.
CB&I won a turnkey contract valued at approximately $140 million for the design and construction of the terminal system works at a new liquefied natural gas (LNG) import terminal in Fujian Province, Peoples Republic of China. CB&I's work scope for the contract includes the turnkey engineering, procurement, construction and commissioning of the terminal system works, which encompasses civil, mechanical, piping, structural, buildings, and electrical and instrumentation work
Rolls-Royce has won two new contracts to supply podded propulsion systems and deck machinery for Queen Mary 2, the new luxury cruise liner to be built for Cunard Line at Alstom Chantiers de l'Atlantique in France. It has also won contracts to supply podded propulsors to three other cruise ships. The total value of these contracts is approximately $21.2 million. Dr. Saul Lanyado, president - Marine for Rolls-Royce, said: "These contracts bring the total value of equipment orders we have won
Bharati Shipyard Ltd has secured a contract from Bourbon Supply Investissements, France for export of five 120 tons bollard pull anchor handling tug cum supply vessels. The product range which initially was limited to simple inland cargo barges, deep-sea trawlers and dredgers has been upgraded to building maneuverable and power-packed ocean going tractor tugs, cargo ships, tankers and other support vessels required for the offshore industry. (Source: Myiris.com)
Singapore's Labroy Marine said it had won two shipbuilding orders for two platform supply vessels from a German customer worth a total of $47.2m scheduled for delivery in 2009. Source: Reuters
Croatian ship repairer Viktor Lenac won contracts worth $25 million to refit two foreign ships by the end of this year. One ship is owned by Baltimore-based Caldwell Cable Ventures and the other by British company Fisher and Sons. Both will be made over into specialized vessels for laying optical cables. The shipyard is currently negotiating another similar project, it said without giving any details. Lenac plans a major expansion worth $30 million this year in a bid to attract more
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
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
Singapore Technologies Marine has won a third contract from a unit of Crowley Maritime Corporation to build four additional tug barges. The contract is worth a total of $240.7m. This contract will bring the total number of barges Crowley Maritime has ordered from ST Marine to 10. The 10 vessels have a combined value of more than $536m, including the cost of owner furnished equipment. Delivery for the latest four barges is expected between 2009 and 2010.
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
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
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
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).
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
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
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
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 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.
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 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
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 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.
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.
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
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.