Kleven Orderbook Pumped up to $1.8b
Norway’s Kleven has enjoyed a strong Q3 with significant orders from Maersk and De Beers, bringing its order book to 18 vessels valued at $1.8 billion. De Beers Marine Namibia, part of De Beers Group, signed a deal with Kleven to build a specialized vessel for deep water mineral exploration. While the MT 6022 design from Marin Teknikk is well proven in the offshore construction segment, this will be a first of its kind vessel and will include a wide range of tailor made equipment and features.
AHTS Proves Strength on (in & through) Ice
While the large oceangoing variety of ships garners the lion’s share of attention in regards to Arctic operations, modern offshore vessels that will be required to support potential oil and gas business in the region are equally vital. Viking Supply Ships recently carried out full scale ice trials in the Gulf of Bothnia on the Brage Viking, an 85m long anchor handling tug supply (AHTS) type offshore support vessel delivered from Zamakona shipyard in Spain two years ago.
Eltorque Pushes into US Market
Eltorque, a Norwegian manufacturer of electric valve actuators, has experienced strong growth in the last few years, positioning itself as a leading supplier to the OSV and fishery segments in Europe, Asia and in part, Brazil. As the U.S. shipbuilding backlog continues to grow, so too does interest from global product, system and service providers, and Eltorque is now gearing up to expand. “Local presence will be vital for our success,” said Arnstein Kjesbu, CEO.
Denet Towing Repower Saves 20% in Fuel
Jerrold Denet, owner of Denet Towing in Boothville, La., is as straight forward as they come. When asked why he started his towing company in 1982, the response was incredulous: “Why did I start it? When asked why he repowered his M/V Ocean Pride from a 12-cylinder V with a pair of six-cylinder in—line Scania DI-13 continuous duty engines with 450hp @ 1800 rpm through Twin Disc MGX 516 marine gears, the answer was similarly blunt: “This is where my money is best spent,” said Denet.
Saipem Suspends South Stream Project Activities
Italian oil services group Saipem said on Thursday it had been notified of the suspension of "Marine Spread Activities" as part of the South Stream project. Russia…
Gavilon to Expand Grains Operations in Brazil
U.S.-based grain merchant Gavilon Group LLC said on Thursday it plans to invest $300 million in Brazil to nearly double the amount of grain it handles in the South American country.
Inventor. Builder. Entrepreneur. Optimist. Schweitzer
Inventor. Builder. Entrepreneur. Optimist. Take your pick, and you have described Edmund O. Schweitzer, III, founder of Schweitzer Engineering Laboratories, Inc. (SEL) in 1982. Starting in his basement with an idea and a plan, he has seen his start-up blossom into a global electric powerhouse that is making significant inroads in the maritime and offshore markets. To its core Schweitzer Engineering Laboratories, Inc.
Greece's Alpha Bank Raises Over $500 mln Via Shipping Loan Deal
Greece's Alpha Bank raised more than $500 million from a transaction backed by shipping loans, it confirmed on Thursday, one of the first of its kind by a Greek bank since 2008.
Cat Debuts Bundled Repair Solution at Workboat
At the 2014 International Workboat Show, Caterpillar will launch a new product support campaign, unveiling the new Cat C18 Marine Bundled Repair Solution and commercial…
Bestobell Globe Valves Approved for LNG Carriers
Bestobell Marine is celebrating securing approval of its new DN350 and DN400 cryogenic globe valve designs that have been developed specifically for the marine sector. This means that the valves are now fully tested and certified for installation on LNG (Liquefied Natural Gas) Carriers. Sales Director for Bestobell Marine, Duncan Gaskin, said: “Shipowners are increasingly requesting that shipyards use higher capacity pumps for discharging cargo from LNG Carriers…
Hoover, First Reserve Announce Partnership
Hoover Container Solutions has entered into an agreement to partner with First Reserve, the largest global private equity firm exclusively focused on energy. Financial terms of the transaction were not disclosed. One of the global industry leaders in oilfield fluids container solutions, Hoover operates worldwide through 15 facilities in North and South America, Europe, Australia, the Middle East and Southeast Asia.
Ceona Christens Flagship Pipelay Vessel
Ceona, SURF contractor with heavy subsea construction capabilities, has bolstered its fleet with the christening of its flagship asset, the Ceona Amazon, which has been delivered in less than two years of the letter of intent (LOI) for its construction being signed. The Ceona Amazon has been internally designed at Ceona and purpose built to perform in multiple pipelay and operational modes. She also…
Alewijnse Wins Electrical Installation Contract
Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the 114 metre diving support vessel Seawell, owned by Helix Energy Solutions Group. The Seawell is currently in the North Sea and is expected at the Damen Shiprepair Yard in Vlissingen at mid December 2014 for a planned long term life extension. Alewijnse will spend four months on site, with the work due to start next month.
Liberia Releases Mandatory MLC Compliance Report
The Liberian Maritime Authority has released the mandatory MLC Annual Report for 2013. This report confirms that Liberia’s approach to enforcement of the Maritime Labour Convention (MLC) 2006 has resulted in low deficiency rate for Liberian-flag ships, the group said. LISCR CEO Scott Bergeron says, “Liberia has consistently led the way on MLC. It was the first flag state to ratify MLC 2006 and has been tireless in applying its training and implementation procedures.
Damen Delivers ASD Tugs to ARC Towage
Two more Damen ASD 2810 tugs are on their way to ARC Towage in Trinidad & Tobago - the last of a four-vessel order. The MV Manatee and MV Atlantic Legacy departed Damen Shipyards Galati (Romania) on November 13 and are now bunkering in Las Palmas. From then on they will increase speed for a timely arrival in the port of Chaguaramas, Trinidad where they are due to start work on January 1. All four tugs…
Willard Licenses SeaArk Commercial, Military Boats
Willard Marine, Inc., has entered into an exclusive licensing agreement with SeaArk Marine, Inc., to build all of its commercial and military boat models, of which 7,000 have been sold worldwide since SeaArk Marine’s founding nearly 60 years ago. Based in Monticello, Ark., SeaArk Marine is family owned and was operated by the McClendon family beginning in 1959, and they experienced great success delivering boats to all 50 states, every U.S. held territory, and over 70 countries around the world.
CPC: 65% Chance of El Nino in N. Hemisphere Winter
The U.S. weather forecaster on Thursday projected a 65-percent chance that El Nino conditions will be present during the Northern Hemisphere winter and last into the Northern Hemisphere spring.
Suez Canal Revenue $482.3 mln in October
Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the state information website said on Thursday.
300 kilos Cocaine Intercepted in Portsmouth Port
The drugs were seized following the search of the cargo vessel Star Stratos at Portsmouth port yesterday evening. Approximately 300 kilos were discovered concealed within a shipment of bananas which had originated in Colombia. Investigations are continuing both in the UK and Ireland in conjunction with An Garda Síochána. “Working with our law enforcement partners in the UK and Ireland we have successfully…
USCG Report Vessel Traffic Restriction on ICW
Vessel traffic on the Intracoastal Waterway near Bal Harbor, Florida is restricted following an incident involving a yacht and the Broad Causeway bridge. Due to the incident, only the bridge's west leaf is able to open. Restrictions on vessel traffic limit movement of large vessels with a width of 40 feet or less as only one half of the bridge is operational. Vessels with a height of less than 16 feet in height can transit as normal.