Chesapeake Adds Fabrication Building
Chesapeake Shipbuilding Corp. announced that its fifth hull fabrication building is complete in Salisbury, Md. The new building is 160 feet long by 70 feet wide and 70 feet high, and will allow larger hull sections to be construction in an indoor environment at the yard. This building will be complete with advanced climate control and has been fitted with two overhead cranes and state-of-the-art equipment.
Saverco Makes Squeeze-out Bid on CMB
CMB and Saverco announce that on December 21, 2015, at the closing of the acceptance period of the reopening as a simplified squeeze-out of the voluntary public…
Daewoo Shipbuilding to Issue New Shares Worth $353 Mln
Daewoo Shipbuilding & Marine Engineering Co Ltd said on Tuesday it will issue new shares worth 414 billion won ($353.1 million) to improve its financial position.
DOF Awarded IMR, Subsea Installation Work
DOF and DOF Subsea have been awarded several IMR and subsea installation contracts in the Asia Pacific and Atlantic regions, with a total contract value of approximately NOK 270 million (about $23.8 million USD). The contracts will secure utilization of the subsea project fleet in the regions. In Asia Pacific, OMV New Zealand has awarded DOF Subsea an IMR contract, where the scope of work includes inspection and work on eight mooring lines on the Maari field’s FPSO, Raroa, offshore New Zealand.
BISSO MARINE Acquires Derrick/Pipelay Barge
BISSO MARINE has acquired offshore pipelay industry's stalwart derrick/pipelay barge GLOBAL IROQUOIS. The 400 foot x 100 foot x 30 foot laybarge has performed pipelay operations worldwide and will be renamed BISSO IROQUOIS. The central part of the barge’s substantial station keeping system are the ten single drum winches with 320 kips of pulling force and 744 kip holding force each. Each single drum winch holds 5,300 feet of 2.5 inch wire rope.
ClassNK Bulletin Examines 2015 Developments
Classification society ClassNK informs it has released a summary of the latest industry developments in its annual Technical Bulletin, which this year covers topics including marine energy usage…
GDC’s New Dredger Launched in The Netherlands
The naming and launch ceremony of the trailing suction hopper dredger (TSHD) Jun Yang 1 took place on Saturday, December 19, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The dredger is being built for CCCC Guangzhou Dredging Co., Ltd (GDC), and the ceremony was performed by Li Wen Ci, the wife of H.E. The Ambassador of the People’s Republic of China in The Netherlands. IHC noted it has a long-standing relationship with GDC…
Coast Guard, Industry Navigate Future of Liquefied Gas
Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community and gain a deeper understanding of the intricacies each party faces as they adapt to the rapid growth in this multibillion dollar industry. The maritime community…
Kongsberg Maritime Acquires SMSC
Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC). The acquisition is expected to be completed January 2016. “More sophisticated vessel operations have contributed to an increasing focus on training to enhance safety and efficiency,” said CEO of Kongsberg Maritime, Geir Håøy. “SMSC fits perfectly into our business and will complement our existing product and service portfolio well.
Dan-Bunkering Forms JV in Colombia
Dan-Bunkering, has signed a partnership with Australian Bunkers for physical supplies in Buenaventura, Colombia, that will develop and strength its physical presence in Latin America. Dan-Bunkering will handle all sales and will provide risk management while Australian Bunkers, who has been present in the area of Buenaventura since 1998, will handle the sourcing, blending, supply and storage of the products.
Baltic Index Down Again
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell again on Tuesday due to a drop in capesize vessel rates.
Sovcomflot Group, Sberbank CIB Sign Credit Facility Agreement
Sovcomflot Group and Sberbank CIB have signed a 14-year $340 million credit facility agreement to finance the construction of three Arctic shuttle tankers for the…
Rolls-Royce Secures another Trawler Contract
Norwegian shipbuilder Kleven has been awarded a contract to build a fishing vessel to be designed and equipped by Rolls-Royce. The stern trawler has been ordered by French fishing company Compagnie Des Peches Saint-Malo S.A. & SAS Comptoir Des Peches D’Europe Du Nord – Euronor. The vessel owner has decided on the Rolls-Royce NVC 374 WP design, which features an onboard factory for the production of fish filets, and has a storage capacity of 1,400 cubic meters.
Lower Sulphur Fuel Requirements within Chinese Emission Control Areas
On 4 December 2015, the Chinese government announced that it designated the Pearl River Delta, the Yangtze River Delta and the Bohai Rim waters as the emission control areas, and the limit for sulphur content of fuel oils used onboard ships operating within the aforementioned emission control areas will start to be strengthened to 0.5% m/m. The URL for the official announcement from the Chinese government is available in Chinese only.
Schlumberger, Statoil Execute Multiclient WAZ Survey in Campeche Basin
Schlumberger announced today that Statoil Gulf of Mexico LLC has signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater…
Chevron, China Huadian Sign LNG Supply Deal
Chevron Corporation's wholly-owned subsidiary, Chevron U.S.A. Inc., has today signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement (HOA) with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum (MTPA) of LNG over 10 years starting in 2020. "This is an important step in the…
STS Young Endeavour Completes Circumnavigation
The Royal Australian Navy operated Sail Training Ship (STS) Young Endeavour sailed into Fremantle today, completing a year-long circumnavigation of the world. Assistant Minister for Defence Darren Chester was in Western Australia to welcome the seafarers back to Australian soil and personally congratulate members of the Royal Australian Navy crew and the 24 young Australians who sailed the ship on the last leg across the Indian Ocean from Cape Town, in South Africa.
GTT Confirms Targets for 2015 and 2016
GTT (Gaztransport & Technigaz), the world leader in design and engineering of containment systems for maritime transportation and storage of LNG (Liquefied Natural Gas), confirms its targets for 2015 and 2016. In an environment which is still contrasted and in light of the current volatility of its share price, GTT specifies that it has not experienced any material changes in its operations since its third quarter 2015 activity announcement on October 19, 2015.
"Nature poles" to Open at North Sea Museum
The exhibition "Nature poles" will be opened in the North Sea Museum in Arkhangelsk on December 22. The exhibition presents unique photographs from the museum's collection of biological, stuffed inhabitants of cold seas, predators, unique Arctic flora. In addition, the exhibition "The Nature of the poles" will be posted photos of the famous stone Anikieva life size, made by members of the Solovetsky Maritime Museum in 2013.
SCI adds Pipavav to its SMILE Service
The SMILE service of the Shipping Corporation of India (SCI) already having an established Coastal market from Mundra and Pipavav to Cochin / Tuticorin will now have a direct Exim service from Pipavav to Jebel Ali. The service will cater to the Exim Trade from Pipavav to Gulf. The Exim call at Pipavav is in the interest of SCI’s valued customers in terms of providing an efficient and reliable service for Coastal as well as Exim cargo.