Former US Navy Official Sentenced for Bribery
A former supervisory contracting officer was sentenced to 72 months in prison today for accepting bribe payments in exchange for steering U.S. Navy contracts to the president and chief executive officer of a defense contractor. Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division, U.S. Attorney Laura E. Duffy of the Southern District of California, Director Andrew L. Traver of the Naval Criminal Investigative Service (NCIS) and Director Dermot F. O’Reilly of the Defense Criminal Investigative Service (DCIS) made the announcement. Paul Simpkins, 62, of Haymarket, Va., was sentenced by U.S. District Judge Janis L.
Bibby Offshore wins Shell Contract
Bibby Offshore won a contract with Shell, due to commence in Q1 2017, that will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. Bibby Offshore is contracted to use utilize its multipurpose dive support and offshore construction vessel - Bibby Polaris - and its integral 1000 ton basket carousel to lay flexible pipe systems in water depths of approximately 95m. The company has also collaborated with a third party operator who will carry out trenching operations after the initial workscope is complete.
UK Royal Navy Contracts SEA for Sonar Support
Cohort plc company SEA won a contract by the UK Ministry of Defense (UK MoD) to provide support to a range of UK Royal Navy acoustic and sonar underwater systems fitted to the surface and sub-surface fleets. The two year deal to deliver the MoD Underwater Systems Architecture Advisory Service (USAAS) combines all Maritime Combat System Underwater Electronic Warfare (MCS-UEW) sonar support and advice requirements within a single program for the first time. It is valued at around $1.27 million and will task SEA with providing advice and support for the Sonar 2150…
Robert Allan Inks Contract with Uzmar Shipyard
Robert Allan Ltd. has announced the signing of a contract during the recent International Workboat Show in New Orleans, USA. Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project. Uzmar has now built over 90 Robert Allan designed tugs and workboats since the first project in 1996, ranging in size from 15m aluminium catamarans, to 36m escort tugs, to 46m shallow draft pushboats. This contract covers a new RAstar 3000-W design setup to accommodate propulsion packages of up to 90 tonnes of bollard pull while still staying under 500 GT.
Hyundai Near Deal With Iran for 10 Ships
Hyundai Heavy Industries Co. (HHI), a major shipyard in South Korea, looks set to clinch a deal with Iran to supply 10 ships, says a report in Yonhap. The contract, valued at USD650 million, will see Hyundai supply the Islamic Republic of Iran Shipping Lines, (IRISL) with four 14,400 TEU container ships and six 50,000 DWT product tankers, the Korea Herald reported. The vessels are expected to be delivered to Iran in the third quarter of 2018. If signed, the contract will be Iran's first deal with a foreign shipbuilder since the lifting of international sanctions on the Middle Eastern nation.
Aker/DNV GL Ink Frame Agreement
Aker BP has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf. The five-year contract, which includes options for extension, will see DNV GL experts integrated into Aker BP’s organization to provide decision-making support and stand-alone assessments. “This contract represents an important step forward in DNV GL’s long relationship with BP Norway and Det norske oljeselskap…
$59 mln US Navy Contract for General Dynamics
The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics, a $59 million contract for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. This contract extends the services for engineering, technical support, special studies and Flight III design work for Arleigh Burke-class ships through December 2017. The Flight III upgrades include a more powerful missile defense radar, increased shipboard power production and hull enhancements.
Höegh LNG, SHI Ink FSRU Deal
Höegh LNG Holdings Ltd. has signed a Letter of Intent ("LOI") for one firm and three optional FSRUs at Samsung Heavy Industries (SHI) in South Korea. The 170,000 m3 FSRUs have regasification capacity of 750 MMScf/day and full trading capabilities. The vessels have scheduled delivery dates of two units in 2019 and two units in 2020. Complete shipbuilding contract for the firm vessel is expected to be signed by mid-January 2017. President and Chief Executive Officer Sveinung J.S.
General Dynamics wins U.S. Navy Design Deal
The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $59 million contract for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. This contract extends the services for engineering, technical support, special studies and Flight III design work for Arleigh Burke-class ships through December 2017. The Flight III upgrades include a more powerful missile defense radar, increased shipboard power production and hull enhancements. More than 200 highly skilled engineers, designers and planners work on this contract. Since 1987, Bath Iron Works has provided design and technical assistance for design upgrades and major changes for DDG 51-class destroyers.
Swire Seabed Buys Fourth Subsea Vessel
Subsea operations specialist, Swire Seabed AS has taken delivery of its fourth subsea vessel, Seabed Constructor. Swire Seabed has secured a six-year contract for Seabed Constructor with UK based Ocean Infinity. The vessel will be carrying out AUV based survey and construction support operations on a global basis. The vessel is a multi-functional subsea support and construction vessel of MT6022 MK II design. 115 metres in length and with a beam of 22 metres, Seabed Constructor is equipped with a 250-tonne crane and a free deck space of 1,300 square metres.
Höegh LNG Orders Four FSRUs at Samsung Heavy
Norway’s floating liquefied natural gas company Höegh LNG has signed a Letter of Intent (LOI) for one firm and three optional floating storage and regasification units (FSRUs) at South Korea’s Samsung Heavy Industries (SHI). Complete shipbuilding contract for the firm vessel is expected to be signed by mid-January 2017. According to a statement by Höegh LNG, the vessels have scheduled delivery dates of two units in 2019 and two vessels in 2020. The 170,000-cbm FSRUs will have a regasification capacity of 750 MMScf/day and full trading capabilities.
Robert Allan, Uzmar Shipyard Ink Tug Deal
Robert Allan Ltd. has signed a contract during the recent International Workboat Show in New Orleans, USA. Robert Allan Ltd. and Uzmar Shipyard signed documents commencing a new high performance escort tug project that is an example of the continuing strong co-operation existing between the two companies. Uzmar has now built over 90 Robert Allan Ltd. designed tugs and workboats since the first project in 1996, ranging in size from 15 m aluminium catamarans, to 36 m escort tugs, to 46 m shallow draft pushboats.
Samsung Heavy Cancels $776.8 mln LNG FPSO Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an unnamed European buyer back in January 2009. The South Korean shipbuilder said in a regulatory filing that the order, which came from an unspecified European firm, was cancelled as the firm did not issue a work order by a deadline agreed upon.
Diana Shipping Gets Charters Two Bulkers
Greek dry bulk shipping company Diana Shipping has entered into time charter contracts for its two vessels, the M/V Orleans and the M/V Melite, which are scheduled to start in December 2016. "Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Koch Shipping Pte Ltd, Singapore, for one of its ize dry bulk vessels, the m/v New Orleans," says a statement from the company. The gross charter rate is US$11,250 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to maximum sixteen (16) months.
TEN Announces Four New Time Charter Contracts
Tsakos Energy Navigation Limited (TEN), a leading diversified tanker owner, has announced new time charter contracts for four vessels, an aframax, two panamaxes, and a handysize product tanker, all to major end users. The average contract length of all four fixtures is 14 months which bring the aggregate fleet gross revenues to a minimum of $1.4 billion. "The new time charters increase TEN's fleet under secured revenue employment to 68%. With seven more vessels delivering in 2017, six of which under long term charters, the coverage will well exceed 70%.
ISS Expands Global Business with NORDEN
Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has expanded its global business with Danish tramp shipping company, NORDEN A/S, with a new contract for crew logistics and husbandry services. Under the additional agreement for the dry cargo and tanker specialist, ISS will co-ordinate over 2,800 crew changes per year across 32 vessels worldwide, as well as husbandry and disbursement account processing. The arrangement with ISS will support NORDEN’s operations and accounting teams and provide a single point of contact and remittance…
Abidjan Orders 16 Passenger Ferries
As part of a presidential plan to reduce urban congestion and greenhouse gas emissions in the Ivory Coast city of Abidjan, 16 new passenger ferries have been ordered by Société de Transport Lagunaire (STL). Known as the economic capital of the Ivory Coast, Abidjan is located around the 100-km long Ébrié Lagoon on the west coast of Africa and therefore water-based transport holds a vital position in everyday life in the area. Furthermore, due to rapid population growth and the deterioration of existing ferry services, traffic congestion is a major problem in the city.
Nautican Brings New Facility, Jobs to Summerside
A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new advanced marine technology presence in Summerside. The Nautican, Babcock, and provincial partnership province will bring a manufacturing facility and 21 new full-time jobs over the next three years – joining the six employees already on staff – to Slemon Park.
Hurricane Exercise option over Drilling Rig
Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that, further to the rig contract amendments entered into with Transocean, the Company exercised its option over the Transocean Spitsbergen drilling rig on 25 November 2016 in order to drill the Halifax prospect. The Halifax well will be drilled after completion of the Lincoln well. A further announcement will be made once the Halifax well has been spudded.
Atwood Delays Drillship duo by Two Years
Atwood Oceanics, Inc. announced today that it has agreed with Daewoo Shipbuilding & Marine Engineering Co. ("DSME") to delay the requirement to take delivery of Atwood's two newbuild ultra-deepwater drillships, the Atwood Admiral and the Atwood Archer, by two years to September 30, 2019 and June 30, 2020, respectively. In connection with the delay, Atwood will make a payment of $125 million for the Atwood Archer on or before December 15, 2016, as well as a payment of $15 million on the earlier of June 30, 2018 or the delivery date.
Workers Shortage at Mumbai Port Affecting Vessel Operation
Mumbai and Nhava Sheva Ship Agents Association has drawn the attention of Mumbai Port Trust towards the shortage of dock workers and winch drivers that continues to adversely affects the vessel operations and if need be to outsource these activities. Shortage of workers at the port has been instrumental in prolonging the vessel stay at the port affecting the turnaround time to 4-5 days from around 2-3 days, thereby escalating the costs. As against the normal requirement of 4/5 gangs (workers) per vessel, the supply is only of 1/2 gangs.
Dynagas, Gazprom in New Long-term Time Charter Contract
Dynagas LNG Partners signed a new long-term time charter contract for the Clean Energy. The Partnership, through one of its wholly owned subsidiaries, entered into a new long-term charter agreement with an affiliate of the Gazprom Group for the employment of its 2007 built 150,000 cbm steam turbine LNG carrier Clean Energy. The charter is expected to commence in July 2018 and will have a firm term of seven years and nine months. The Partnership expects to generate approximately $133.0 million of gross contracted revenues over the life of the contract.
Collaboration Lays Benchmark for International Award
A combined Defence and industry team has won the International Association of Contract and Commercial Management Innovation Award for Operational Improvement. The FFG Enterprise is a collaboration between Defence's Capability Acquisition and Sustainment Group, Royal Australian Navy, Thales Australia and BAE Systems Australia, working together to sustain and deliver seaworthy guided missile frigates. Deputy Secretary Capability Acquisition and Sustainment Group, Mr Kim Gillis,…