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Signs Contract

Kuwait, Philippine Sign Contract

Kuwait Foreign Petroleum Exploration Company (KUFPEC), Shell and South China Resources (SCR) signed a contract with the Philippine Energy Department on offshore oil and gas explorations in northeastern Palawan, Philippine. The contract covered an area that exceeds 10 million square km, 30 percent of which is assigned to KUFPEC, 55 percent to Shell and the other 15 percent to SCR. The contract includes exploration and drilling of three oil wells within the next seven years and if oil or natural gas is discovered there, the production contract will be extended for nearly 25 years. (Source: People’s Daily Online)


Kronodoc, Aker Finnyards Sign Contract

Kronodoc Oy signed a purchase contract with Aker Finnyards Inc., the former Kvaerner Masa-Yards Inc. In addition to the delivery of the Kronodoc product, the contract includes services to implement the Kronodoc product in document management and collaboration functions throughout Aker Finnyards` design processes; to integrate the product to existing yard systems; to migrate data from existing document management systems to Kronodoc; and to train key users and administrators in the use of the


Coflexip Stena Signs Contract With Hyundai Mipo

Coflexip Stena Offshore came to an agreement with Hyundai Mipo Dockyard for the construction of its newbuild ultra deepwater pipelay and construction vessel, scheduled to begin operations in the second quarter 2001. The future multipurpose vessel, which will be named later on, is designed for subsea construction and for laying rigid and flexible pipe and umbilicals down to 2,500 m. The newbuild will offer a wide range of capabilities covering subsea construction and installation in any deep


Labor Disputes Paralyze West Coast Ports

A contract dispute between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association has crippled West Coast Ports from Seattle to San Diego. According to reports, the shutdown forced some 11,000 unionized workers off their jobs while millions of dollars worth of cargo remained idle. The labor dispute between longshoremen and shipping lines could cost the nation $1 billion a day by halting scores of cargo deliveries


Nam Trieu Begins Construction on 56,200 ton Vessel

According to VNS, Nam Trieu Shipbuilding Industry Corporation, under the Viet Nam Shipbuilding Industry Group, began construction of a 56,200-tonne vessel, the first of three vessels for Japan’s Lavender Maritime S.A. The 623 ft. will be built under Japan’s NK Register in 22 months. Nam Trieu has also signed contracts to build four multi-purpose vessels worth $17m and vessels to transport automobiles capitalized at $2 billion. Source: VNS


Vancover Shipyards and Washington Marine Sign Contract with Acomarin

Vancouver Shipyards together with their parent corporation Washington Marine Group has signed a contract with Acomarin Engineering to purchase their JAK-400 Pushpin® ATB coupling system. Much research went into the decision as to which ATB coupling system would best fit their needs. Acomarin’s JAK-400 Pushpin® coupling system is one of the lightest ATB coupling systems on the market making it an easy retro fit to any tugboat and barge


Aker Yards signs Contract with Birka Line

Aker Yards Lifecycle Services and Birka Line have signed a contract for the refurbishment of the spa area on board the Birka Paradise. The contract is worth approximately EUR 2 million. The refurbishment is scheduled for completion in January 2008. The scope of work onboard the cruise ship Birka Paradise includes the extension and refurbishment of the spa area (treatment rooms, saunas, showers and other spa facilities).


Aker Yards Signs Contract with Birka

Aker Yards Lifecycle Services and Birka Line have signed a contract for the refurbishment of the spa area on board the Birka Paradise. The contract is worth approximately $2.7m. The refurbishment is scheduled for completion in January 2008. The scope of work onboard the cruise ship Birka Paradise includes the extension and refurbishment of the spa area (treatment rooms, saunas, showers and other spa facilities). This is the fourth spa refurbishment contract won by Aker Yards in the last


Transocean Provides New Fleet Update Summary

Transocean Inc. issued a new monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our fleet status report dated August 5, 2008. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Worldwide Web address at www


Ocean Rig Charter Out 'Erik Raude'

Rig Erik Raude: Photo credit Ocean Rig

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, signs contract with an oil major for the semi-submersible drilling rig 'Erik Raude'. The drilling contract is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately US$112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the second quarter of 2013


Flex LNG signs deals to buy six new vessels

Image: Flex LNG

Oslo-listed Flex LNG has signed contracts to buy six new liquefied natural gas (LNG) vessels for its fleet by 2019, as it bets on increasing fuel demand from Britain and other countries, its chief executive told Reuters.   The gas shipping company said earlier this year it was considering


Fishing Trawler Launched in Nauta Shipyard

Photo courtesy of Nauta Shiprepair Yard

On June 2 Nauta Shiprepair Yard launched a newly built partly outfitted fishing trawler Rockall. It was third launching ceremony in Nauta Shipyard this year. Rockall is also the 10th unit which was built by Nauta for Karstensens Skibsvaerft AS.


Cooper Group Selects ABS for Sub M Services

© Cooper / T. Smith

ABS said it has been awarded a Third Party Organization (TPO) contract by the Cooper Group of Companies to support compliance with U.S. Coast Guard (USCG) Subchapter M requirements.   “ABS anticipated the needs that would surface when the Subchapter M regulations were published and


Deltamarin Wins Contract for Viking Line Newbuild

(Image: Viking Line)

Deltamarin Ltd said it has signed contracts with Chinese shipbuilder Xiamen Shipbuilding Industry Co., Ltd (XSI) for engineering and construction support services for the Viking Line Liquefied natural gas (LNG) fuelled ro-pax vessel newbuilding


Nauta Bags Two Fishing Vessel Orders

Image: Nauta

Nauta Shiprepair Yard in Poland has signed two contracts in recent days for building partially outfitted fishing trawlers for its Danish client Karstensens Skibsvaerft AS.   Within the first order Nauta will produce a partly outfitted vessel with length 69.9 meters and beam 14.2 meters


VEKA Orders Steering Systems for 15 Newbuilds

Last week contracts were signed at the VEKA head office in Werkendam by Stefhan van den Hil from VEKA Group bv (right) and Leo van Zon, Van der Velden Marine Systems B.V. (left).

Last week contracts were signed at the VEKA head office in Werkendam by Stefhan van den Hil from VEKA Group bv (right) and Leo van Zon, Van der Velden Marine Systems B.V. (left).   VEKA Group awarded Van der Velden Marine Systems 15 contracts to deliver complete steering gear and rudder


Nauta Yard Cuts First Steel for Trawler Newbuild

Photo: Nauta Shipyard

Newbuilding Department of Nauta Shipyard has begun construction of fully equipped fishing vessel - Ocean Star with a steel cutting ceremony held on April 26. The ceremony was attended by representatives of shipowner, DnV and Warthill Design .


Australia Orders Replacement Replenishment Ships

HMAS Success Photo RAN

  The Government has signed contracts with Navantia S.A. to build Australia’s two replacement replenishment ships, avoiding a critical capability gap.   Australia’s current supply ship HMAS Success will reach its end of life in 2021 and needs to be replaced as a matter of


Vane Bros. Orders Tugs from Chesapeake Shipbuilding

Photo: Chesapeake Shipbuilding

Chesapeake Shipbuilding Corp. announced it has signed contracts with Vane Brothers to build three more ocean going tugs, marking the 18th, 19th and 20th tugboats built by Chesapeake Shipbuilding for Vane Brothers since 2008.   The new contract will continue Chesapeake’s steady output


IRISL, Hyundai Ink Shipbuilding Contract

At the signing ceremony of the contracts, Chung Ki-sun, executive vice president of Corporate Planni. Photo: Hyundai Heavy Industries (HHI)

 Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, announced on  that it signed contracts, financed by Korean financiers to build 14,500 TEU class containerships and 49,000 DWT product/chemical carriers with Islamic Republic of Iran Shipping Lines (IRISL)


GE Shipping Contracts to Buy 2 Suezmax Crude Carriers

 The Great Eastern Shipping Company Limited (GE Shipping) has signed contracts to buy 2 Suezmax crude Carriers of about 157,000dwt each. The 2010 and 2011 built vessels are expected to join the company's fleet in Q4 FY17.   


Leco’s New Aquaculture Vessel Launched

Photo: Southampton Marine Services

Southampton Marine Services said it has launched its latest vessel, a new aquaculture service vessel for Leco Marine, at its Ocean Quay shipyard in Southampton.   Designed by Argyll Maritime Design Services, the 23-meter vessel, Alyssa


ABS Delivers Subchapter M Support to Blessey Marine

Photo: Blessey Marine Services

 ABS said it has been awarded a Third Party Organization contract by Blessey Marine Services, Inc., owner and operator of a fleet of inland towing vessels and tank barges, to support compliance with U.S. Coast Guard (USCG) Subchapter M requirements.   


ABS Wins Great Lakes Towing SubM Contract

Photo: Great Lakes Towing Company

ABS said it has been awarded a Third Party Organization (TPO) contract by The Great Lakes Towing Company (GLT) to support compliance with the United States Coast Guard (USCG) Subchapter M regulations.    “Every organization operating towing vessels in U.S


Optimarin BWT Retrofit Orders Grow

Optimarin CEO Tore Andersen (Photo: Optimarin)

Optimarin has signed contracts with Wisby Tankers and Hoëgh Autoliners to install its market proven Optimarin Ballast System (OBS) on five existing vessels.   The agreement, which comes six months after the Norwegian ballast water treatment (BWT) specialist became the first company to






 
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