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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


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


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


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


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


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 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 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


Lundin Extends Contract for Ocean Rig

Image: Ocean Rig

 Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson.    In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells


Microsatellites Launched for Maritime Monitoring, Comms and Science

NORsat-1 in EMC test at SFL. Two AIS antennas may be seen at the top, and four Langmuir probes off to the sides. The solar wings of the satellite are at the bottom. (Photo: Space Flight Laboratory)

 The Space Flight Laboratory (SFL) announced the successful launch of two Norwegian microsatellites developed and built by SFL for the Norwegian Space Centre with support from the Norwegian Coastal Authority, Space Norway and the European Space Agency. The Soyuz-2


Erling Sande Named Cox Powertrain's Norwegian Distributor

Erling Sande AS headquarters - Drammen, Norway (Photo: Cox Powertrain)

Cox Powertrain has announced its first European distributor appointment as Drammen, Norway based Erling Sande AS.   The marine power specialist has signed an agreement to become Cox Powertrain’s sole Norwegian distributor and in doing so will play a prominent role in driving


SENER Presents Its Latest Innovations

SENER held a stand in the Spanish Pavilion at Nor-Shipping 2017 (Photo: SENER)

Engineering and technology group SENER presented its recently-launched V80R2.0 version of the FORAN marine CAD/CAM/CAE system, along with the company’s latest ship designs, at Nor-Shipping 2017, held in Oslo from May 30 to June 2  


World's Largest Hybrid Ferry gets Rolls-Royce Power

The Bergen B33:45. (Image: Rolls-Royce)

Rolls-Royce announced that it received an order for four B33:45L diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line.  The ferry, designed by Fosen and to be built at Ulstein Verft in Norway


MSC Cruises Orders Newbuilds at STX France

Image: MSC Cruises

Ship owner MSC Cruises and shipbuilder STX France signed a new memorandum of understanding firming up the order of two 200,000 GRT, LNG-powered mega cruise ships, with options for two additional vessels. The four ships will become MSC Cruises’ World Class.  


Italy, France Seek Rapid Solution to STX Stake Sale

File photo: STX France

Italy and France have agreed to seek a rapid solution in discussions over selling a large stake in the STX France shipyard to Fincantieri, Italy's economy ministry said on Monday.   Italian Economy Minister Pier Carlo Padoan and Industry Minister Carlo Calenda discussed the planned sale


Macron Seeks Review of STX Shipyard Sale to Fincantieri

File photo: STX France

French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent deal to sell a large stake in the STX France shipyard to Italian group Fincantieri. Speaking at the launch of a new cruise ship, Macron said the STX France's shareholder structure should neither put


Norwegians to Finance Vessel Retrofits

Olav Einar Rygg, Export Credit Norway’s director of lending for the ocean industries (Photo: Export Credit Norway)

Following the International Maritime Organization (IMO) ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway offers financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers.   


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


Norway Oil Ministry: No Plan to Cut Output

© Lukasz Z / Adobe Stock

Norway has no plans to cut its oil output, the country's oil and energy ministry said on Tuesday.   "The Ministry has a good dialogue with other countries about the oil market. We are not in a situation in which regulating production is on the agenda for Norway


Fincantieri Buys Majority Stake in STX France

File Photo: STX France

Italian shipbuilding company Fincantieri S.p.A. said it has signed a share purchase agreement for the acquisition of 66.66 percent of the share capital of STX France shipyard from its current shareholder STX Europe AS. The agreement entails a purchase price of €79.5 million ($89 million).


The New Offshore Reality

(Photo: Oyvind Hagen, Statoil)

As a mix of traditional heavyweights and start-ups fight to keep Norway’s offshore industry afloat, collectively they assess   Swedbank’s chief economist, Harald Andreassen, isn’t “too hopeful” about the long-term prospects for the oil price, but then again


Maritime Reporter & Engineering News -- May 2017 Edition

Photo: © kras99 / Adobe Stock

The May 2017 "Norshipping" edition of Maritime Reporter & Engineering News is now available: http://digitalmagazines.marinelink.com/nwm/MaritimeReporter/201705/   This edition is packed with topical and technical content, including:  


Vard to Build Expedition Ship for Norway industrialist

Photo: Vard Holdings Limited

Vard Holdings, a designers and shipbuilder of specialized vessels, announced that it has secured a contract for the design and construction of one Research Expedition Vessel for Rosellinis Four-10.   Rosellinis Four-10 is wholly-owned by the Norwegian industrialist Kjell Inge Røkke






 
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