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Awarded New

Teekay Offshore Bags North Sea Shuttle Tanker Contracts

Courtesy Teekay Offshore Partners

Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today that it has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in the North Sea. The CoAs are expected to commence in the first half of 2017 with the requirement for approximately two shuttle tankers. The Partnership expects to service these new CoAs with its existing CoA shuttle tanker fleet. “We are pleased to announce these new strategic shuttle tanker contracts, which further builds on the Partnership’s leading market position in the North Sea,” commented Peter Evensen, Teekay Offshore’s Chief Executive Officer. “These contracts further enhance our CoA contract portfolio and are expected to add future cash flow through higher shuttle tanker fleet utilization without the need for incremental capital expenditures. Looking ahead, the shuttle tanker market in the North Sea is expected to remain tight supported by a combination of more lifting points from new fields coming on-line and limited fleet growth with no uncommitted shuttle tanker newbuildings on order.”


Latest US Navy Contracts

 US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp. BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50,180,546 undefinitized contract action as a modification to a previously awarded cost-plus-incentive-fee contract (N00024-10-C-4308) for the USS Mitscher (DDG 57) fiscal year 2013 extended drydocking selected restricted availability


Saipem Wins New E&C Offshore Contracts Worth In Excess of $2.2 Billion

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San Donato Milanese (Milan), 9 March 2011 – Saipem has been awarded new E&C Offshore contracts worth in excess of $2.2 billion. In Saudi Arabia, Saudi Aramco awarded the EPIC contract, in the framework of the Al Wasit Gas Program, encompassing the offshore development of the Arabiyah and Hasbah fields, located approximately 150 kilometres northeast of Jubail industrial city, in the Arabian Gulf. The complete development of the two fields encompasses the engineering, procurement


New E&C Offshore Contracts Worth Over $1 billion

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San Donato Milanese (Milan), 3 May 2011 – Saipem has been awarded new E&C Offshore contracts worth in excess of $1 billion in China and Brazil.   The offshore activities for both the contracts will be performed mainly by the newly-built and highly-specialized Saipem FDS 2 vessel, in different periods between 2012 and 2013.   In China, Husky Oil China Ltd awarded Saipem the contract for the Liwan 3-1 Field – Deepwater EPCI


Transas awarded new VTS contracts in Indonesia

Photo: Transas

Transas Marine Pacific and its local representative in Indonesia have been awarded new contracts from the Government Department of Sea Transportation to supply and install Vessel Traffic Management Systems for Samarinda and Banjarmasin ports. In addition, Transas will upgrade the current VTS system in the Semarang port with a fully redundant AIS Base Station T214. The new VTS systems will be based on Transas flexible and accurate Navi-Monitor solution developed for monitoring and


18 New Ferries Needed for New NYC Ferry Service

 San Francisco-based Hornblower is well-established in the NYC market. Pictured is Hornblower Infinity. (Photo: Hornblower)

NYC Awards New Ferry Service Deal to Hornblower New York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will include up to 20 boats and connect 21 New York City eighborhoods for the price of a single subway ride ($2.75) is scheduled to be fully operational by 2018, and is estimated to carry 4.6 million trips per year across six routes.  


Subsea 7 Inc. Reports 1Q 2009

Subsea 7 Inc. (Oslo Stock Exchange: SUB) reported results for the first quarter of 2009. Quarter Highlights: •    Good project execution and profitable in all regions. •    Successful completion of a number of projects, including Chevron’s Tombua Landana development. •    Awarded contract by Petrobras in Brazil valued at approximately USD 200 million in support of the Tambau Urugua and P-56 developments.


SCI Honors Panama Canal CEO

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In recognition of his extraordinary contributions and visionary leadership, Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta received the Seamen’s Church Institute (SCI) 32nd annual Silver Bell Award Thursday, June 11. The award, bestowed to Mr. Alemán Zubieta at the SCI’s annual award dinner in New York City, acknowledges an individual’s outstanding commitment to merchant mariners and the issues facing the maritime industry.


Ocean Installer Awarded New Contract

Normand Clipper

Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million, with options to extend. Ocean Installer will support Saipem with their installation of multiple Steel Catenary Lazy Wave Risers, Free Standing Hybrid Risers and Export Pipelines for the Iracema and Pre-Salt projects in the Santos Basin Pre-Salt Area for Petrobras


OTC Names Technology Award Winners

VersaCutter

The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby.   The Spotlight on New Technology Awards—a program for OTC exhibitors—showcase the latest and most advanced hardware and software technologies that are leading the industry into the future


Shipbuilders Council Names McCreary Chairman

From left to right: SCA President Matthew Paxton with Rep. Hunter and newly-elected Chairman, Richard McCreary (Photo: SCA)

 Shipbuilders Council of America  names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter    At its annual spring meeting in Washington, D.C. this week, the Shipbuilders Council of America (SCA), the national trade association representing the U.S


Vartdal Wins WISTA LeaderShip Award

Birgitte Ringstad Vartdal (Photo: WISTA)

Birgitte Ringstad Vartdal, CEO of Golden Ocean, has been awarded the WISTA LeaderShip Award 2017 by WISTA Norway as recognition of her contribution to the maritime industry, her competency and leadership skills within the traditionally male dominated role of CEO


Bollinger Wins SCA Safety Award

Bollinger president and CEO Ben Bordelon (center) accepting the award from SCA president Matthew Paxton (left) and SCA chairman Richard McCreary (right). (Photo: Bollinger)

 Bollinger Shipyards was presented the 2016 “Award for Excellence in Safety” for the 12th consecutive year by the Shipbuilders Council of America (SCA) on May 18, 2017 during SCA’s Annual General Membership Meeting in Washington, D.C


MARAD Funding Available for Small Shipyards

© Bogdan Vasilescu / Adobe Stock

The U.S. Maritime Administration (MARAD) has made available nearly $10 million in grant funding for improvements to small shipyards.   There is currently $9.8 million available under the Small Shipyard Grant Program for capital and related improvements to qualified shipyard facilities that


Curtis Joins The Shearer Group

Kyle Curtis (Photo: TSGI)

 Naval architect Kyle Curtis has joined naval architecture, marine engineering and marine surveying firm The Shearer Group, Inc. (TSGI).   Prior to joining TSGI, Curtis worked for Versabar in Houston as a marine engineer and a structural engineer. He received a B.S


AMSOL Bags New Contracts

Photo: African Marine Solutions Group (AMSOL)

African Marine Solutions Group (AMSOL) has been awarded two recent milestone contracts following the acquisition of SMIT Amandla Marine in December 2016   AMSOL has been awarded a five-year contract by the South African Department of Transport to operate the standby tug utilized as


US Navy to Delay Planned Frigate Award

Littoral combat ship USS Independence (LCS 2) (U.S. Navy photo by Ace Rheaume)

The U.S. Navy has decided to delay by a year until fiscal 2020 the awarding of a design and construction contract for a planned new frigate, according to congressional testimony on Wednesday by two Navy rear admirals.   The delay resulted from a decision to set up a frigate evaluation team


New ASD Tug for Saam Smit in Panama

Damen ASD Tug 2411 SST Portobelo (Photo: Damen)

Saam Smit Towage has ordered a new ASD (Azimuth Stern Drive) 2411 tug from Damen Shipyards, for operations in the port of Colón, Panama. Built for stock at Damen Song Cam Shipyard in Vietnam, it was subsequently transported to the Netherlands for finishing


Fast Ferry Contract for Incat

Photo courtesy of Incat

Australian shipbuilder Incat has been awarded a contract for the design and construction of a large new vehicle-passenger ferry for a major European operator.   The new vessel for Naviera Armas is the second vessel in Incat’s new generation 109 meter high speed wave piercing catamaran


Polarcus Fleet Booked through Q3

Photo: Polarcus

Polarcus Limited said it has received a letter of award for a broadband 3D marine seismic project in Asia Pacific. With this contract, Polarcus’ fleet is fully booked through to the end of the third quarter 2017. The project is due to commence in the third quarter of 2017 and will run


Riverboat American Duchess to Launch in August

Artist rendering of American Duchess, the company’s latest riverboat (Image: American Queen Steamboat Company)

 The American Queen Steamboat Company, owner and operator of the American Queen and American Empress, will launch service on its new American Duchess when it sets sail from New Orleans on Aug. 14, 2017, following its christening a day earlier.  


Matson Completes Upgrade of Alaska Fleet

Photo Supplied by Matson

 Matson has welcomed Matson Anchorage back to Alaska following three months of work to upgrade the vessel, including the installation of new equipment that virtually eliminates particulate matter and sulfur from engine exhaust, making it one of the cleanest ships operating in Alaska. 


Unithai to Operate Largest Floating Dock in Thailand

Photo: Unithai Shipyard

Thailand’s Unithai Shipyard and Engineering Limited continues to develop the shipyard’s capacity and capabilities in ship repair services in response to client needs.  Unithai Shipyard awarded a contract to China’s Huarun Dadong Dockyard to build a floating dock 984


FLIR to Debut Maritime Thermal Camera Innovations

FLIR M-Series Next Generation camera (Photo: FLIR)

Providing enhanced safety, security and awareness for professional, commercial and fishing owners and operators, FLIR Systems will introduce the latest additions to its award-winning M-Series marine thermal cameras and highlight the new capabilities of its Next Generation cameras at this


In Demand: Hoegh LNG’s Sveinung Stoehle

The business model: Hoegh LNG president and CEO, Sveinung Støhle. Photo: handout

Satisfied with the recent opening of a new floating LNG import terminal in Turkey plus contract successes in Africa and Asia, Hoegh LNG CEO and president, Sveinung Stoehle, cautiously lets us into his stylish Oslo offices for a bit of “disclosure”






 
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