Rti News

Fincantieri-led consortium Raggruppamento Temporaneo di Impresa (RTI) has won a contract to build a second Logistic Support Ship (LSS) for the Italian Navy, which also includes the option for a third ship.The consortium signed the contract with OCCAR (Organisation Conjointe de Cooperation sur l’Armement) the international organization for joint armament cooperation.The LSS will be fully built at the Castellammare di Stabia shipyard in Italy, with delivery scheduled for 2025. The value of the contract is around  410 million euros ($462,3 million) including the combat system.

The Italian Coast Guard on Monday signed a contract for the design and construction of a new multi-role offshore unit (UAM) for missions ranging from sea rescue to maritime safety, from marine conservation to fish resources protection, as well as civil protection.The signing took place in Rome at the headquarters of the General Command of the Harbor Authorities - Coast Guard between the Commanding General, Adm. Inspector Nicola Carlone, and the CEO of Fincantieri, Giuseppe Bono…

Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada. The project is to be designed to ship 1.2 million tonnes of propane per annum, with approximately 96,000 cubic meters of storage capacity. The facility is expected to be commissioned in Q1 2019. Vopak will take a 30 percent interest in RIPET. Vopak's investment is underpinned by long-term customer contracts and  is fully aligned with Vopak's long-term strategy where storage and handling of gas has been earmarked as one of the strategic focus areas.

U.S. The U.S. Department of Energy (DOE) announced that nine teams have been named finalists in the Wave Energy Prize—a 20-month design-build-test competition—and will proceed to the next phase of the competition. The nine finalists and two alternates, identified from the 17 remaining official qualified teams, will continue their quest to double the energy captured from ocean waves and win a prize purse totaling more than $2 million. Each of the finalists and alternates will now receive seed funding from DOE to develop 1/20th scale models of their wave energy converter (WEC) technologies. These models will be tested at the nation's most advanced wave-making facility…

As part of the renewal of the fleet of the Navy, The first tranche has been launched in recent months, OCCAR (Organisation de Cooperation Conjointe sur l'Armement, the international organization for cooperation armaments) has ordered an additional Multipurpose Offshore Patrol (PPA) to the temporary consortium (RTI), formed between Fincantieri, the agent, and Finmeccanica, through principal Selex ES, activating the option contract and uniting the production in a ' single phase, thus made ​​immediately operational. They become so seven patrol PPA in order to RTI. The previous six were assigned in May, and another three units are still optional. Delivery of the first patrol boat is expected in 2021.

Fincantieri, one of the world’s largest shipbuilding groups and reference player in the naval shipbuilding industry, and Finmeccanica, Italy’s leading manufacturer in the high technology sector, have been awarded the contract for the construction and equipment of one multipurpose amphibious unit (LHD) for the Italian Navy. The total value of the contract is over 1.1 billion euros, with Fincantieri’s share amounting to approx. 853 million euros and Finmeccanica's to about 273 million euros. The delivery of the unit is scheduled in 2022. The contract with the consortium (Raggruppamento Temporaneo di Impresa – RTI), consisting of Fincantieri…

On the first day of the upcoming London International Shipping Week, the Nigerian Maritime Administration and Safety Agency, supported by Maritime London and UKTI, is holding a conference on the opportunities for foreign investment in the Nigerian Maritime Industry, particularly in the provision of technology, business and transportation services. Speakers include the director general of NIMASA, Patrick Akpobolokemi, Mike Purves, director of trade for UKTI Nigeria and chief executive of Maritime London, Doug Barrow, as well as Steve Cameron, marine director of RTI and Simon Rickaby, managing director of Braemar Howells. There is currently a large gap in the Nigerian maritime sector's infrastructure because of the huge financial outlay required to acquire vessels…

International shipping registries have continued to sharpen their aim taken at a longstanding maritime problem: What is the appropriate response to piracy? As attacks have shifted from Somalia to West Africa, the issue remains at top of mind. Armed guards have proven to be a successful deterrent against attacks. Ship finance and registry lawyer Brad Berman, a Partner at Holland & Knight (H&K), sums up a sea change in views over the past year in views about guns aboard ships, telling Maritime Reporter: “A few years ago most of the shipping industry was against having weapons aboard…

Two leading companies have come together in a joint venture company, Marine Accident & Risk Consultants (MARC), to provide a comprehensive suite of marine safety management consultancy services. MARC brings together the capabilities of ConsultISM Ltd - an independent organization specializing in the management of marine safety and control of operational risk, and RTI Ltd - specializing in accident investigation and risk management in the marine, aviation and other high risk industries.

KBR recently completed a conceptual engineering study of a Spar/Deep Draft Caisson Vessel (DDCV) in 10,000 ft. water depth in the Gulf of Mexico. The six-month study was sponsored and funded by the Joint Industry Project DeepStar, which is supported by 15 oil company participants and 48 other contributor companies. KBR is the wholly owned engineering and construction subsidiary of Halliburton. The primary objectives of the study were to assess credible technology alternatives for mooring systems and production risers for a large ultra-deepwater DDCV, and to quantify the total system cost incentives for pursuing synthetic moorings and composite production risers.

KBR recently completed a conceptual engineering study of a Spar/Deep Draft Caisson Vessel (DDCV) in 10,000 ft. water depth in the Gulf of Mexico. The six-month study was sponsored and funded by the Joint Industry Project DeepStar, which is supported by 15 oil company participants and 48 other contributor companies. KBR is the wholly owned engineering and construction subsidiary of Halliburton. The primary objectives of the study were to assess credible technology alternatives for mooring systems and production risers for a large ultra-deepwater DDCV, and to quantify the total system cost incentives for pursuing synthetic moorings and composite production risers.