Noreq Orders Worth $3.5M

Thursday, September 09, 2010
Photo courtesy Noreq AS

Noreq AS has seen several new contracts signed, worth a total of $3.5m, in the last few weeks. In addition to the size of these contracts Noreq is happy to announce that we have managed to enter new important markets.

The company said:

Korea
- We have won a contract of enormous importance with world's biggest shipyard, Hyundai, in Korea. This is really a milestone for Noreq, and shows that the development of our new davit system has been a right initiative. Hyundai has ordered four lifeboats and four sets with rig davits.  They are part of the SHWE project, a platform that will produce gas for Myanmar, informs Styrk Bekkenes.
This is Noreq's very first order in Korea.
 - There is no doubt that this is something big, and with this first step in the Korean market, we have reasons to believe in new orders from that area. The sales of davits show that we have made the right decision when we decided to develop this new davit concept. The special thing with these davits is that all components are built-in, in contrast to other davits. We are the only company that deliver these types of davits, said managing director, Styrk Bekkenes.

Fred Olsen
In addition to the contract with Hyundai, Noreq signed this week a contract in connection with Fred Olsen's new project called Wind Carrier. In this project Noreq will supply lifeboats, two NPD 10500 davits and one fast rescue boat, for 2 ships.  The company Lamprell Energy will build the ships for Fred Olsen, in Dubai. These ships will contribute to make the installation of offshore wind turbines more effective. According to the plans, the new ships will also reduce the total cost of offshore wind parks.  Also in this case, Noreq for the first time supplied davits to jack-up ships that will operate in the North Sea for the wind energy industry.

The above-mentioned orders are the two largest that have been placed lately, and in addition, there have been agreements in the last weeks for deliveries to Australia, Holland, Malaysia and Singapore.
The company has never had before so many orders in such a short period, said Bekkenes.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Strategic Marine Building Luxury Crewboat

Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year.

Full-term Certificates for “MV. Ceylon Breeze” from DNV GL

DNV GL has added to its registry as of March 2016 a new vessel built for Ceylon Shipping Corporation (CSC), a fully Sri Lanka Government-owned commercial enterprise

Offshore

EU Ships in Libyan Waters Would Undermine Tripoli Govt

The U.N.-backed government in Libya has not invited European ships into its territorial waters to help stop people smuggling because this could harm efforts to

Mothballed Vessels SE Asia Reflect Oil Slump Pain

Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0770 sec (13 req/sec)