Axis Offshore News

H2Carrier announced that Michael Kristensen has joined the company as chief commercial officer. His main focus short term will be business development and contributing to maturing H2C’s current portfolio of energy projects.Kristensen has worked for 30 years in the maritime and energy sectors in different positions and for companies such as J. Lauritzen, NYK, Alcatel Submarine Networks, Axis Offshore and Prosafe. Kristensen worked as COO in Axis offshore for five years before the company was sold by HitechVision to Prosafe in 2017.

Semi-submersible accommodation vessels owner and operator Prosafe has made several changes to its management team. Jesper Kragh Andresen was appointed as Chief Executive Officer (CEO), and Stig H. Christiansen as Deputy CEO and Chief Financial Officer (CFO) of Prosafe Management AS. Georgina Georgiou will continue as General Manager of the parent company Prosafe SE. From 2012 and until recently, Andresen was CEO in Axis Offshore. Prior to this he was President of Lauritzen Offshore and Managing Director of J. Lauritzen Singapore.

One of the world’s leading seafaring nations, Denmark has maritime roots stretching back more than 1,000 years. While its history is strong, the Danish market has its collective eyes squarely on the future. In its quest for continued relevance, it seeks to continue delivering innovative technologies, as well as championing green shipping and offshore initiatives. Denmark’s maritime sector fosters engineering expertise within shipping and offshore industries, as well as maritime and technological services.

Wärtsilä say they have signed a repeat integrated solution order with the COSCO (Qidong) Offshore Co.Ltd shipyard covering another DP3 Dynamically Positioned offshore accommodation rig being built for Singapore based Axis Offshore. The Wärtsilä solution includes the main power generation system, the propulsion system, the electric and automation system, and the automation safety system. The vessel, which is expected to enter service in January 2016, will be equipped with a DP3 dynamic positioning system and will be available for worldwide operations.

COSCO (Guangdong) Shipyard Co. Ltd. A Netherlands based company has placed orders to build two platform supply vessels (PSVs) scheduled for delivery in 3Q 2015. The buyer has also secured options for two additional PSVs. Contracts from a Singapore based company have also been pladed for construction of two PSVs scheduled for delivery in 1H 2015. The buyer has also secured options for six  additional PSVs. COSCO (Dalian) Shipyard Co. Has received contracts from a PRC based agency to build two salvage lifting vessels scheduled for delivery in 1H 2015. Additionally, a Europe based company has ordered two module carriers of 21,000dwt each scheduled for delivery in 1H 2015 and 2H 2015 respectively. The buyer has also secured options for two additional module carriers.

Wärtsilä to provide integrated power, propulsion and positioning system for DP3 offshore accommodation rig for Singapore's Axis Offshore. The contract with Cosco (Qidong) Offshore is for the vessel to be equipped with a DP3 dynamic positioning system, and will feature an integrated Wärtsilä solution that includes the main power generation system, the propulsion system, the electric and automation system and the automation safety system. Wärtsilä is responsible for engineering, delivery and commissioning of the integrated solution and will also support the yard on-site during the installation phase. The vessel is expected to enter into service in February 2015 for worldwide operations. Wärtsilä will begin deliveries of its equipment in May 2013.

Singapore-listed Cosco Corporation subsidiary Cosco Shipyard Group increases its investment in the registered capital of 60%-owned Cosco Qidong Offshore, China. Cosco has increased its investment by RMB300-million to RMB600-million.  The other investors in the yard have also doubled their investment at the fast growing offshore complex so the shareholding structure remains the same, reports SinoShip News. Eight days ago Cosco Qidong announced it had won a contract for a harsh environment semi-sub rig from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision, is paying $200m for the rig for delivery in Q1 of 2015. Source: SinoShip News

COSCO Corp. (Singapore} subsidiary COSCO Qidong Offshore Co to build the accommodation rig for European joint venture company. The contract, valued at US$200-million.is for the construction of a harsh environment semi-submersible accommodation rig for Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision. Signatory of the contract was COSCO Qidong Offshore Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd Delivery is scheduled for the first quarter of 2015.

Norsafe received orders worth NOK 400-million (US$ 45.3-million) over the course of October 2012, & backlog at record height. "It is Norsafe’s newly developed GES50 MKIII freefall lifeboat which accounts for the bulk of these orders," says CEO Geir Skaala, adding that the international demand for this product is fantastic. GES50 MKIII (Gravity Escape System) is certified according to the DNV-OS-E406, the world's strictest requirements for freefall lifesaving systems, applicable on the Norwegian continental shelf from 2015.

COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore. The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision, is to build a harsh environment semi-submersible accommodation vessel. This rig will be built to Global Maritime’s design, GM500A and will provide accommodation for 500 persons. It will be equipped with a DP3 dynamic positioning system and is designed to operate in the harsh environment in the North Sea. The rig is scheduled for delivery in Q1 2015. The parties intend that the contract will be made effective within 3 months from the date of signing.