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.
The Nam Trieu company, an affiliate of the Viet Nam Shipbuilding Industry Group (Vinashin), has also won contracts with several shipping giants such as Graig of Great Britain and Itochu of Japan, according to VNA The ship maker has freshly reached a 2 billion USD deal to build automobile-carrying freighters for the Hoegh Autolier Company of the Netherland, in addition to a contract with another Dutch company, Rensen, for four freighters worth 12m Euro.
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
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 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
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.
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 & 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 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 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
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, 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
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 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’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 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
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.