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The āPaperlessā Ship
The cloud is for ādevice-agnostic young slashers,ā said Trond Bjorseth, marketing manager, of Oslo-based cloud consultancy, Tieto. His company offers an information management tool for subsea projects and ārepositoriesā for the shipping sectorās operations. With Tieto you can get āone big happy project room,ā although he admits at least three suppliers offer something similar. For its own future āslashersā¦
Farstad Sells AHTS
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the AHTS Far Sea (1991, ME 303 II, 13,219 BHP). Delivery of the vessel to theā¦
Tidewater Suspend Dividend
Tidewater Inc. (NYSE:TDW) leading provider of Offshore Service Vessels, announced that its Board of Directors has approved management's recommendation to suspendā¦
Farstad Bags Petrobras Contract
Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil. Both vessels wereā¦
World Maritime Day Theme Launched
The critical link between shipping and global society is the main focus for this yearās World Maritime Day theme: "Shipping: indispensable to the world". The themeā¦
Offshore Service Craft in Focus
Defining āindustrial personnelā, such as workers transported on offshore service vessels, is among the topics on the agenda of International Maritime Organizationā¦
Tidewater Declares Quarterly Dividend
Tidewater Inc. announced that its Board of Directors declared on November 12, 2015, a quarterly cash dividend of $0.25 per share of common stock payable December 15ā¦
Ballast Water Treatment Modular and Just in Time
A pair of market entries ā one a business of powerful Japanese technology players, the other a newbie with some pedigree ā reveal how bold, modular design could pay dividends in a competitive market. Their increments of innovation add up to timely ways to comply with changes, including extra U.S. Coast Guard strictures due out on the eve of an International Maritime Organization meeting in November 2015.
Farstad Shipping Dives into Loss
Norwayās Farstad Shipping ASA has seen red in the second quarter of 2015 as impairments and currency losses drove the company into a loss. Farstadās profit afterā¦
Norwayās (Winding) Path Ahead
A precipitous plunge in energy pricing is problematic for a prodigious oil producing nation such as Norway, but it really only tells a portion of the story when evaluating the immediate future for the collective maritime and offshore energy markets. Prolonged stagnation in the global economy, growing political tension and instability in several world regions, and a general breakdown in internationalā¦
Chemical Tanker Turned OSV
With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013 suggested Uksnoy Shipping might not be like other owner-managers of offshore service vessels (OSV). The ship, theā¦
Vard Wins Farstad's OSCV Contract
Vard Holdings Limited (āVARDā) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (āOSCVā) for Farstad Shipping (āFarstadā).
OilCraftās TwinBow Challenge
Thereās a new vessel design needling this competitive little shipping town. Still unknown in design circles, the āporpoise-nosedā TwinBow is brainchild to local start-up OilCraft and its wunderkind chief exec, Stian Teige, a self-taught computer renderer. His year-old outfit is going all out presenting designs to the savvy offshore shipping community centered on this picturesque fisheries town with a channel through it.
Offshore: Ulstein and the First U.S. Built X-Bow
Veteran Norwegian designer and builder Ulstein will, for the first time, build one of its signature X-Bow hull designs in the U.S., Maritime Reporter has learned. Edison Chouest Offshoreās LaShip shipyard in Louisiana is keen to build, and has found a Norwegian partner to share the risk. Judging by ever-evolving Ulstein business models and Jones Act strictures, Ulsteinās U.S. foray could lead to series production of the SX 165 offshore construction vessel.
Rodriguez Appointed Deputy Maritime Administrator
Mike Rodriguez, U.S. Merchant Marine Academy Alum, was sworn in as Deputy Administrator of the U.S. Department of Transportation Maritime Administration (MARAD). Rodriguez has more than 35 years experience as a maritime industry professional in both the public and private sectors. He joins MARAD from the Navyās National Maritime Intelligence-Integration Office. Prior to that, he served in the Military Sealift Command and in other active duty tours in the Navy.
Norvestor to Become PGās Largest Shareholder
Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS. The transaction is expected to close end of October 2014, subject to customary approval from the Norwegian Competition Authorities. Following the acquisition, Norvestor will become the largest shareholder in PG with about 63 % of the sharesā¦
Two More Damen Twin Axe Catamarans for SeaZip
Damen Shipyards and SeaZip Offshore Service signed another contract for two Damen Fast Crew Suppliers (FCS) 2610 at Wind Energy in Hamburg. The two new vessels, to be named SeaZip 3 and SeaZip 4, will be mobilized in transporting personnel and small quantities of freight to North Sea offshore wind farms. The new orders follow the delivery last year of two FCS 2610 ā named SeaZip 1 and SeaZip 2 ā thatā¦
MSC Award Two Time-Charter Contract Modifications
1. Offshore Service Vessels, Inc., Cut Off, Louisiana, is being awarded an $8,798,690 modification under a previously awarded firm-fixed-price contract (N00033-13ā¦
MN 100: Tidewater Inc.
Tidewater is a leading provider of offshore service vessels to the global energy industry. Founded in 1955 by a group of investors led by the Laborde family, Tidewater lays claim to the creation of the workboat industry with its 1956 launch of the Ebb Tide, the worldās first offshore vessel tailor-made to support the offshore oil and gas industry. Today, as the oldest and most experienced provider of the marine support servicesā¦
MN 100: Elliott Bay Design Group LLC
5305 Shilshole Ave. EBDG is a Seattle-based, employee-owned enterprise with offices in New Orleans and Ketchikan. The firm provides full-service naval architecture, marine engineering and production support to owners, operators and shipyards worldwide. EBDG provides complete design, engineering and analysis services, leveraging specialists in naval architecture and marine engineering, including marine mechanical, electrical and structural design and engineering.