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Stx Norway

STX Europe to Build Three Icebreakers

STX Europe has, through its wholly owned subsidiary STX Norway Offshore AS, signed contracts to build three icebreaker tugs for JSC Circle Marine Invest. The subsidiary company, Caspian Offshore Construction in Kazakhstan will operate the vessels in the Kashagan field of the northern Caspian Sea. The vessels will be delivered in 2010 and 2011, and the total value of the three contracts amounts to approximately $111.5m. The vessels are designed by the STX Europe subsidiary Aker Arctic, and have a length of 213 ft and a beam of 53.8 ft. The vessels will have the Ice class notification 1A* Super, according to the Finnish-Swedish Ice classification rules. Further, the vessels will be equipped and designed for other operations like fire fighting, rescue operation and towing in shallow waters.   (www.stxeurope.com)


STX Europe Contract for Eco-Friendly Design

Photo courtesy STX Europe

STX Europe has been awarded a contract with Deep Sea Supply for design and building of a Platform Supply Vessel. The new PSV 09 CD design, optimized for eco-drive in all weather conditions, is designed by STX Europe in Ålesund, Norway. The vessel is scheduled for delivery in Q1 2012, and will be built at STX Europe in Brazil. The contract is signed with Deep Sea Supply Navegação Maritima Ltda. in Brazil, a subsidiary of Deep Sea Supply in Arendal, Norway.  


STX Norway Offshore to Build Icebreaker Tugs

STX Norway Offshore has signed contracts for the building of two icebreaker tugs to JSC Circle Marine Invest. The vessels will be delivered in 2011, and the total value of the two contracts amounts to approximately $71.4m. JSC Circle Marine Invest will through its subsidiary Caspian Offshore Construction in Kazakhstan operate the vessels in the Kashagan field of the northern Caspian Sea. The vessels are designed by the STX Europe subsidiary Aker Arctic, and have a length of 213


STX OSV Contracts for Two PSVs

stx-osv.PNG

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close to NOK 600 million. The vessels will be of STX OSV’s own PSV 08 design. Deliveries are scheduled from STX OSV Langsten in Norway and STX OSV Vung Tau in


Tidewater Takes Over STX Pan Ocean PSV Newbuild Contracts

STX OSV Holdings Limited say Tidewater Inc. has acquired contracts for 3 Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels for STX Pan Ocean Co. Ltd. in 2010, and Tidewater has now entered into an assignment agreement with STX Pan Ocean to take over these contracts. The first vessel in the series will be delivered to Tidewater during 1Q 2013


Steam Beats Hot Water to Keep Heavy Oil Viscous

Tests by Parat Halvorsen on oil spill response equipment (OSR) for offshore supply vessels reveal significant deficiencies with systems using hot water coils. Norway's Parat Halvorsen undertook a series of trials after a number of lower cost hot water coil alternatives came on the market the market. Kim Kristensen, Marine and Offshore, Parat Halvorsen says: “We have shown empirically that steam injection is the one viable solution proven to keep heavy oil viscous enough for easy


Aker Yards Now STX Europe

Aker Yards, builder of cruise and offshore vessels, changed its name to STX Europe. The name change reflects the entry of the South Korean-based STX Business Group as principal shareholder in the company during summer 2008. Effective Nov. 3, the international shipbuilding group Aker Yards, with head office in Oslo, Norway, and all its subsidiaries, will share the common brand STX Europe.STX Europe specializes in designing and building advanced cruise ships and purpose-built vessels for


STX Europe Refinances Credit Facility

STX Europe has refinanced its revolving credit facility. The new facility is a 3 year financing of $86.8m, provided by Nordea. Woori Bank of Korea, is participating with 50 percent. "For a capital intensive industry like ours, where we continuously take on and complete new shipbuilding projects, the ability to constantly renew our financial platform is important. I am pleased to see that we have been able to work with and secure this significant credit facility in October


STX Europe New Contracts, Island Offshore

Island Commander (Photo courtesy STX Europe)

STX Europe has entered into new contracts with Island Offshore for the building of two Platform Supply Vessels. The vessels will be built at STX Europe in Brevik, and are based on the same design as Island Commander and Island Chieftain delivered from STX Europe earlier this year. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total value of the contracts amounts to approximately $137.5m. The vessels are of Rolls-Royce UT 776 CD design


STX Europe to Build LNG Powered PSV for Solstad

Photo courtesy STX Europe

STX Europe has been awarded a contract with Solstad Rederi AS to build an innovative LNG-powered Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 12 LNG design. The vessel is scheduled for delivery in Q4 2011. The value of the contract is approximately $67.5m. Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, said: "Today's order confirms our strong position in design and building of environmentally friendly vessels


Tide Carrier Under Arrest in Norway

Photo: NGO Shipbreaking Platform (LN Kyv/The NCA)

 After having been informed by the NGO Shipbreaking Platform and its member organisation Bellona that the Tide Carrier (now named HARRIER, aka EIDE CARRIER) had been sold for illegal, dirty and dangerous scrapping to a South Asian beaching facility


Vard to Build Live Fish Transport Vessel

Image: Vard

Vard Holdings Limited has secured a contract for the design and construction of one live fish transportation vessel for Fjordlaks Aqua in Ålesund, Norway.   The new live fish transportation vessel of VARD 8 50 design is scheduled for delivery from Vard Aukra in Norway in 3Q 2018


Ferry Crossing System for FosenNamsos Sjø

 Rolls-Royce

Rolls-Royce signed a deal with Norwegian shipbuilder Kleven to supply its automatic crossing system, for two new double-ended plug-in battery-hybrid ferries being built for Norwegian ferry company FosenNamsos Sjø. The system controls the vessel’s acceleration, deceleration


Norway First to Ratify Hazardous Cargo Treaty

Dilek Ayhan, State Secretary in the Norwegian Ministry of Trade, Industry and Fisheries, hands over the instrument of ratification of the 2010 HNS Protocol to Kitack Lim, Secretary-General, IMO. (Photo: IMO)

Norway has become the first country to become a contracting state to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship.   The International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and


Aker Wins Hook-Up Deal for Johan Sverdrup Field

johan sverdrup Photo Statoil

Aker Solutions won a contract from Statoil for the hook-up of the riser platform for the Johan Sverdrup field, Norway's largest offshore development in the past three decades. The company will work closely with subcontractor Kvaerner on joining together the platform's seven modules


Norway to Buy Submarines from Germany

HDW Class 212A Sub. Photo: ThyssenKrupp Marine Systems GmbH

 Norway plans to buy four submarines and Germany two in a bid to strengthen strategic partnership, says a report in Reuters.   Defence Minister Ine Eriksen Soreide confirmed that the the government plans to invest in four new subs from Thyssenkrupp (TKMS).   


MOL Group Expands its Exploration Portfolio

Photo: MOL Group

 MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the 4th bid round in Hungary, doubling its exploration acreage in the country.    MOL Norge participated in the latest APA licensing round and acquired 4


France: STX France talks with Fincantieri to Continue

File Image (CREDIT: AdobeStock)

French industry minister Christophe Sirugue said he would meet Italy's Fincantieri in a week's time to discuss its bid for STX France, but added France was still against Fincantieri gaining dominance in the governance of STX France.  


Vard Secures Trawler Build Contract

Artist impression: Skipsteknisk

Vard Holdings Limited said it has secured a contract to build a pelagic trawler for Research Fishing Company, based on Shetland. The contract value is approximately NOK 350 million (roughly $41.4 million USD).   In close cooperation with the ship owner


Rising Oil, Salmon Prices Lift Norway Pension Fund

© ulkan / Adobe Stock

Norway's Folketrygdfondet 2016 return up on higher oil and salmon price Norway's domestic state pension fund Folketrygdfondet said its 2016 return increased to 7.1 percent from 7.0 percent in 2015, increasing the market value to 212.3 billion Norwegian crowns ($25.12 billion).  


Kongsberg, TKMS, Atlas Elektronik JV for Submarine

From left: Eirik Lie, President Kongsberg Defence Systems, Dr. Peter Feldhaus, CEO of thyssenkrupp Marine Systems and Dr. Rolf Wirtz, CEO of Atlas Elektronik. Photo: Kongsberg Gruppen

 Kongsberg, ThyssenKrupp Marine Systems GmbH(TKMS) and Atlas Elektronik enter into a comprehensive teaming agreement for submarines.   The companies join resources and establish a joint venture company in Norway that will be the international strategic and exclusive supplier of combat


EU Lawmakers Reject Call for Ban on Arctic Oil Exploration

© ggw / Adobe stock

The European Parliament rejected a call to ban Arctic oil and gas exploration on Thursday, in a symbolic vote seen as a barometer for future moves by Brussels to regulate to protect the region. Lawmakers who back the ban, which had drawn the ire of Norway


SM Group Mulls More Takeovers

Photo: SM Line Corp

 South Korea’s Samra Midas Group (SM Group) said that it is looking to acquire some overseas shippers, among other businesses in an effort to expand its foothold in the maritime sector, Yonhap News Agency cited one of the company’s officials.  


Look to the Nordics for Digital Maritime Solutions

Birgit Liodden (Photo: Nor-shipping)

Birgit Liodden, Director of Nor-Shipping, argues that Norway, Denmark, Sweden and Finland have the infrastructure, understanding and ambition to drive the digital transformation shipping requires for future sustainability and success. The world isn’t standing still


France Could Nationalise Saint-Nazaire Shipyards

The French state is considering nationalising the Saint-Nazaire shipyards before selling it to new investors if no deal can be reached with Italian shipbuilding group Fincantieri, Le Monde newspaper said on Friday.   Shipbuilders MSC and Royal Caribbean have already expressed an interest






 
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