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Potential Suppliers News

05 Jul 2021

FPSO Demand Booming: 10 Units Expected to Be Ordered in 2022

Illustration - Image by Igor Kardasov/AdobeStock

More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders, citing a nearly full capacity with several suppliers unable to take on new projects.Further, Rystad sees another 10 FPSO orders in 2022, which will, according to the Norwegian energy intelligence group, create "a very healthy project line-up for contractors…

09 Jun 2021

Pavilion Energy Pens 10-Year LNG Deal with BP

Credit: BP

Singapore's Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP's Singapore unit starting in 2024, the companies said on Wednesday, as the city-state seeks to diversify its gas supply sources.The long-term binding LNG sale and purchase agreement (SPA) is for the supply of about 0.8 million tonnes of LNG a year to Singapore, Pavilion and BP said in a joint statement. They did not give financial details.This is the third long-term deal that Pavilion, owned by Singapore state investor Temasek Holdings, has signed since November.

24 Feb 2020

SAL Heavy Lift Taps Inatech to Navigate IMO 2020

Photo courtesy of SAL Heavy Lift

German fleet operator SAL Heavy Lift has hired Inatech, a unit of Glencore, to ensure compliance with new low-sulphur emissions rules and optimize bunker strategies.Inatech has seen increased onboarding of its ‘Smart Trader’ app, which enables companies to map entire fleets of ships and visualize and plan for best port to bunker given sea and port conditions to achieve lowest prices for the desired quality of fuel. SAL Heavy Lift will apply Smart Trader across parent group Harren…

30 May 2017

DNV GL Launches LNG Fuel Finder

Just in time for Nor-Shipping, DNV GL will launch the LNG Fuel Finder - a new tool on its LNG business intelligence portal LNGi. The new LNG Fuel Finder service will allow shipowners and charterers to register their interest in using LNG as a ship fuel free of charge, connecting them directly with LNG suppliers. DNV GL has also introduced the option of signing up to a new lean version, where interested parties can access some of LNGi’s services and data free of charge. The question of bunkering availability is still a major stumbling block for shipowners looking to make their first moves in LNG as a marine fuel. Information can be hard to find, and it remains challenging to keep track of new developments.

20 Mar 2017

Damen OPV Roadshow Tours Australia

Mark Todd (Photo: Damen)

Damen Shipyard Group’s Australian team has delivered two more industry briefings to potential suppliers from Australian industry ahead of its bid submission for the design and build of 12 offshore patrol vessels (OPV). Following February’s events held in Adelaide and Perth, Damen hosted a third in Brisbane on March 15 and a fourth two days later in Melbourne. The Damen group is one of three international shipbuilders shortlisted for the building of the 12 steel-hulled OPVs to replace Australia’s current fleet of Armidale Class patrol boats.

29 Oct 2016

India in Global Hunt for LNG

India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts, power minister Piyush Goyal said in Sydney. The global search for LNG comes as India’s gas-fired plants, which can generate nearly 25 gigawatts of power, run at less than a quarter of their capacity because of a shortage of the fuel at affordable prices. “I think gas needs to be between $5 and $5.50 landed at my power plant. That is what I’m looking for in the medium- to long-term,” Goyal said. In fact, a boom in LNG demand and projects is taking shape in India.

26 Mar 2016

Egypt Struggles to Close LNG Tender

The Egyptian Natural Gas Holding Company (EGAS) has reportedly failed to secure two cargoes for delivery in April, says a report in Reuters. The tender launched during last week was open to EGAS’ existing suppliers, however, delivery windows of April 1-7 for the first cargo and April 27-28 were difficult to arrange due to a short period notice. Traders said the first delivery window was difficult to arrange given the short notice period. For the late-April cargo, EGAS lined up commodity trader Trafigura as the supplier, but the deal ran into difficulties after EGAS tried to bring forward delivery to the middle of April, traders said. Neither of the two delivery slots has been filled as of Thursday, and EGAS is still in talks with potential suppliers over the two cargoes.

14 Mar 2016

Seaspan Inks $65 million NSS Contracts

Seaspan Celebrates Signing of NSS Contracts (Image: Seaspan)

Seaspan Celebrates Signing of Contracts for Offshore Oceanographic Science Vessel and Joint Support Ships. The Honourable Judy M. Foote, Minister of Public Services and Procurement Canada, announced today the signing of two new contracts valued at more than $65.4 million with Seaspan’s Vancouver Shipyards as part of the National Shipbuilding Strategy (NSS) Non-Combat package. The long lead item contracts will help pave the way for future construction of the Canadian Coast Guard’s…

09 Mar 2016

Maersk Delivers Cookies to a Tanker...by Drone

Photo: Maersk Group

Drones could cut time and costs for deliveries and inspections across the Maersk Group – but they must be reliable and absolutely safe. Maersk Tankers is testing delivery to vessels on drones that have been certified for explosive environments. Markus Kuhn peers out through the fog and spots the Maersk Edgar waiting across the chilly Danish waters. Drone operator Thierry Bauer, dressed against the winter cold after a long journey from his centre of operations in Southern France, carefully attaches the cargo of Maersk cookies to its transport.

30 Nov 2015

Marintec China Indicates Growth

Marintec China exhibition has grown by 14% since its last edition to cover 80,000 sq m with over 2,000 exhibiting companies  from 34 countries  defying the talk of a slowdown in China and its hard-hit shipyards. The two years since the last Marintec China event have not been the easiest for the Chinese maritime industries or the world of shipping in general. It is Asia’s largest maritime event it is also the second largest in the world. UBM Asia, organisers of the show,  focus on  the 21st-Century Maritime Silk Roadand surrounding business opportunities at the Marintec China 2015 Senior Maritime Forum. China's planned 21st Century Maritime Silk Road connects ports in China to those in Southeast Asia, South Asia, Africa, the Middle East and Europe, including Venice.

29 Sep 2015

Japan Renews Submarine Bid for Australia

Japan looking to fix faltering Australian submarine bid. Japan is ready to match European rivals and build a fleet of submarines for Canberra entirely at Australian shipyards, a senior Japanese official said on Tuesday, after stumbling in its effort to win the A$50 billion ($34.76 billion) contract. Tokyo was willing to train hundreds of Australian engineers in Japan's submarine-manufacturing hub of Kobe as well as in Australia as part of its offer for one of the world's biggest defence contracts, Masaaki Ishikawa, director general for Acquisition Reform at the Ministry of Defense, told Reuters. His comments are the first from an official directly involved in the bid that Japan is willing to build the stealth submarines entirely in Australia, where jobs are a hot button political issue.

01 Sep 2015

Japanese Sub Pitch puts off Australian Firms

Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50 billion ($35.68 billion) contract to build submarines for Australia irked local suppliers by failing to share key information about its proposal or discuss specific collaboration possibilities during a visit last week, executives at Australian firms said. The apparent missteps underscore Japan's inexperience in bidding for global defence deals after Prime Minister Shinzo Abe ended a decades-old ban on weapons exports last year as part of his more muscular security agenda. Japanese defence officials and executives from Mitsubishi Heavy Industries and Kawasaki Heavy Industries visited Adelaide…

25 Nov 2014

How Difficult is it to Obtain a Jones Act Waiver?

The American Salvage Association’s Jon Waldron provides the ultimate cabotage primer. There always seems to be constant chatter about waiving the Jones Act. In reality, it is a simple task to demystify the thought that it is easy to obtain such waivers. The fact that Senator Landrieu’s comments were not directed against any potential waiver of the Jones Act shows the controversy that Jones Act waivers can rise in the maritime and energy sectors. In reality, however, there exists a misconception amongst many about the ease of obtaining a waiver to the Jones Act. Accordingly, this article will discuss the requirements for obtaining a waiver, analyze key past Jones Act waivers, and look to possibilities for future Jones Act waivers.

11 Feb 2014

New Canadian Lifeboats: Government Seeks Industry Feedback

Canada Lifeboat design: Image credit Robert Allan Ltd./Canadian Coast Guard)

The Government ministers concerned have announced that the Government of Canada has issued a Request for Information (RFI) to seek industry feedback on the next generation of Coast Guard lifeboats, due to be built as part of the National Shipbuilding Procurement Strategy’s (NSPS) small vessels program. The intent of this RFI is to engage directly with Canadian shipyards who are potential suppliers of these new vessels. This first step in the procurement process will provide the Government with valuable information before drafting the Request for Proposal.

15 May 2013

Irving Engages Suppliers on AOPS Opportunities

More than 530 potential suppliers from across Canada gathered in Halifax, Nova Scotia on Wednesday, May 15, 2013 for Irving Shipbuilding’s AOPS Supplier Development Session. Invitations were sent to the almost 2,000 companies included on Irving Shipbuilding’s online supplier registry with the goal of ensuring potential suppliers were informed of business opportunities within the Arctic Offshore Patrol Ship (AOPS) Program, the first set of combat vessels to be built under the federal government’s National Shipbuilding Procurement Strategy (NSPS). With participation from several of Irving Shipbuilding’s Tier One Subcontractors, including Lockheed Martin Canada and GE Canada…

26 Feb 2013

Wärtsilä Publish New Global Supplier Handbook

Supplier's Handbook: Image credit Wärtsilä

The new handbook explains the standards required of all existing and potential suppliers. This is the first time that all of Wärtsilä’s requirements and standards have been gathered into a single, easy-to-read overview. The handbook is also testimony to the many years of dedicated work performed at Wärtsilä to achieve a sustainable, world class supply chain. We strive for world-class performance in quality and on-time delivery. For this purpose, we have put much effort into managing our supply chain so as to offer the best possible service to our customers while being a responsible contractor…

14 Feb 2012

Seaspan Launches Supplier Self-Registration Portal

Seaspan Marine Corporation is pleased to announce the launch of its Supplier Self-Registration Portal. The multi-year shipbuilding program that Seaspan is undertaking requires a large number of varied suppliers. This new portal will establish a single database of all potential suppliers to match procurement operations with profiles. It will also establish more rigor in supplier qualification and development. “We are in the early stages of developing a procurement strategy to support the National  Shipbuilding Procurement Strategy (NSPS) program, and this is the first step in building key partnerships with our established and future suppliers,” said Brian Carter, Seaspan Shipyards president.

12 Aug 2009

Allocate Contract with Entertainment Company

Allocate Software plc (AIM:ALL), (formerly Manpower Software) announced one of the world’s leading family entertainment companies, has selected its MAPS Maritime Suite and implementation services for its cruise line business. The customer made the choice of MAPS Maritime Suite after an open selection process and an evaluation of potential suppliers and their solutions. The requirements include a solution to expand their shoreside crew operations over the coming years and to provide an effective job scheduling solution for both current and future new ships. Key to choosing MAPS Maritime Suite was its “out-of-the-box” functionality, the flexibility to customize the solution to meet precise requirements and the strength of Allocate Software as a reliable, professional and solid supplier.

20 Feb 2001

Queen Mary 2: Cunard's Answer to Royalty on the Seas

Despite the threat of overcapacity in the cruise shipping industry, newbuilding contracts have remained on a constant high — specifically in the mega ship sector. This new trend, which seems to have taken on a life of its own in the industry, beginning with Royal Caribbean’s Voyager of the Seas, has carried over to Cunard, which has hired Chantiers de l’ Atlantique to construct what is set to be the world’s largest ocean liner. Measuring 1,131 ft. 345 m) with a 131 ft. (40 m) beam, the $780 million vessel, according to its designers at Tillberg Design, will exemplify the classic British style that is representative of Cunard. By Regina P.