Capital Equipment News

24 Feb 2020

Madely Joins Ecochlor as VP of Global Service

Michael Madely (Photo: Ecochlor)

Ecochlor announced the addition of Michael "Mick" Madely to fill a newly created position of Vice President of Global Service. Madely has had a full career in the global maritime industry with over 25 years of experience in senior management positions in both Commercial and Technical roles. He has extensive experience in Asia and the Middle East with a hands-on approach in leading sales and operations of world class capital equipment and engineering providers. For the past 10 years…

16 Oct 2019

Saudi IMI Signs Jack-up Deal with GustoMSC

Left to right: Mr. Rutger Baan, (Commercial Director, GustoMSC B.V.) , Mr. Fathi Al Saleem, (CEO, International Maritime Industries.) Photo: International Maritime Industries

Saudi-based International Maritime Industries (IMI) has announced that it had signed a licence agreement with GustoMSC, a subsidiary of Houston rig and equipment builder National Oilwell Varco (NOV).The agreement entails a new GustoMSC drilling jack-up design which will utilize the modern manufacturing capabilities currently planned for at IMI, said a press note.As a result of the agreement IMI will be fully prepared for its first production operations anticipated in 2021.Fathi K Al Saleem…

17 May 2019

Marine Monitoring System Powered by Innovation

Photo courtesy of CMR Group

Innovation is driving advanced monitoring and control technologies for environmental and safety compliance in the marine sector, says Gérard Baldellou, marine business unit manager at CMR Group.The marine diesel power sector continues to face significant challenges, particularly in areas where emissions resulting from combustion inside engines, along with fuel consumption levels need reducing. Escalating operating costs, tighter margins and pressures in the oil and gas sector signal challenging times for ship owners and fleet operators.

31 Oct 2017

Data Analytics in the Maritime Space

© chrisberic / Adobe Stock

Ship owners and operators, machinery OEMs and regulatory entities are embracing much needed technological innovation as demand grows in protecting machinery and communications on maritime assets. Cognitive analytics is a game-changing technology that is now more widely available to the maritime sector. This is the latest evolution of data analytics: from the “days of yore” of logging data in a logbook, to sensing data and connecting to a central console, transmitting data ashore and using artificial intelligence (AI)-enhanced tools to develop a deep understanding of how machines behave.

13 Jun 2017

Sen. Wicker Calls for a 355-Ship Navy

The Ohio-class ballistic-missile submarine USS Nebraska (SSBN 739) passes by Seattle on June 2 during sea trials after completing an extended major maintenance period at Puget Sound Naval Shipyard and Intermediate Maintenance Facility. (U.S. Navy photo by Joseph W. Weiser)

U.S. Senator Roger Wicker (R-Miss.), Chairman of the Senate Seapower Subcommittee, delivered the first in a series of scheduled remarks aimed at making the case for growing the U.S. Navy fleet to 355 ships, a goal shared by President Trump. Wicker’s speech focused primarily on shipbuilding and the capacity of the submarine industrial base to meet the Navy’s requirements. “President Trump wants a 350-ship Navy, which aligns with the Navy’s requirement for 355 ships. Right now, we only have 275 ships in the battle fleet.

10 Mar 2017

WRDA 2016: Reclaiming Our Transportation Infrastructure

In the United States, transportation infrastructure is the bedrock of our supply chains. Ports and waterways in the United States moved over 2.3 billion tons of goods in 2014. A robust maritime infrastructure to support such ports and waterways helps goods to move freely and aid in more flow of trade and ultimately greater economic stimulus. Port authorities and waterways commissions are always seeking better ways to increase cargo volume and subsequently aid their surrounding states and regions - which all benefit the overall commerce of our nation.

21 Mar 2016

Iran's European Comeback

Pic: Islamic Republic of Iran Shipping Lines

Islamic Republic of Iran Shipping Lines (IRISL) has managed to create two companies in Europe in joint collaboration with foreign companies, says Mohammad Saeidi  IRISL managing director. He didn't provide the details of establishment of the two Iran-Europe shipping companies, but said that the companies have already started cooperation schemes with their European partners. Saeidi emphasized that the same cooperation schemes are expected to facilitate the shipping services between Iran and Europe. He also said that Iran plans to establish several new shipping lines within the next six months.

06 Jan 2016

Glendinning Named SVP, Service Division, Alfa Laval

Ross Glendinning (Photo: Alfa Laval)

Ross Glendinning was appointed Senior Vice President, Service Division of Alfa Laval Inc. in January 2016. Glendinning is charged with driving consistent profitable growth, and developing new sales opportunities for the service business of Alfa Laval in the U.S. His responsibilities include leading parts sales, reconditioning services, field services and technical support activities. Glendinning joined Alfa Laval in 1982 as Marine Engineer for the company’s military products group.

26 May 2015

Kongsberg to Equip 2 New Jack-Up Vessels

Photo: Kongsberg

Kongsberg has been selected to deliver a complete Electro, Instrument & Telecom (EIT), propulsion, safety, automation and dynamic positioning package for two new Gusto NG-2500X DP II design, offshore construction Jack-Up vessels. The vessels are owned by Vahana Offshore Pte Ltd in Singapore. The contracts were awarded by builder Eversendai Offshore RMC FZE (Shipyard) in RAK Maritime City, Ras Al Khaimah, UAE. The Kongsberg scope of supply includes engineering and integration services.

29 Sep 2014

DW: Local Content Key in Foreign Offshore Deals

Contract: File photo

In many of the key deepwater markets, estimated to be worth $72bn by 2018, E&P and OFS companies alike are exposed to challenging local content requirements, remarks Douglas-Westwood in their 'DW Monday'. Local content agreements are typically are motivated by a desire to stimulate industrial development, and promote technology transfer. A typical local content agreement stipulates that E&P companies must procure a minimum percentage of equipment and services from local contractors.

28 Apr 2014

National Oilwell Expects Offshore Rig Demand to Slow

courtesy of National Oilwell Varco

National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders fell by nearly a quarter in the first quarter and it expects demand for new offshore rigs to slow during the second half of the year. The company's shares fell about 7 percent. Demand for contract drilling is softening as rigs ordered during boom times are being delivered now. Large oil companies are tightening spending after a decade of double-digit increase in budgets as oil prices stagnate and project costs rise.

27 Dec 2013

Chart to Provide LNG System for Hamburg Emissions Project

Chart Industries, Inc., an independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today announced that Chart Ferox, a.s., a member of its Distribution and Storage (D&S) segment in Europe, has been awarded a contract by Hybrid Port Energy Gmbh & Co. KG (HPE), a subsidiary of Becker Marine Systems Gmbh & Co. KG, to provide LNG fuel storage and processing equipment for an LNG-Hybrid Barge, which will operate in Hamburg's HafenCity. The LNG-Hybrid Barge is a unique project between HPE and cruise liner operators and will provide power to cruise liners…

31 Oct 2013

UK Marine Engineering Consultancy Secures Investment

LOC Group Ltd (incorporating London Offshore Consultants) – a leading global marine engineering consultancy – has secured a minority external investment from Bridgepoint Development Capital (BDC). Financial details of the investment were not disclosed. Established in 1979, LOC Group operates from 30 offices located around the globe across six continents and is owned by its employees using a quasi-partnership model. Headquartered in London, LOC employs over 400 staff including master mariners, naval architects, and marine and structural engineers. In its energy division, LOC is a top three global provider of marine warranty surveys for the transport and installation of offshore capital equipment with customers comprising oil & gas majors, independents and national oil companies.

04 Sep 2013

GE to Provide Equipment, Services for Statoil’s Gina Krog Platform

GE Oil & Gas was awarded a contract to provide Korean shipbuilding firm Daewoo Shipbuilding & Marine Engineering (DSME) with turbomachinery equipment and services for a new oil and gas production platform being built to support the production activities of Statoil Petroleum AS and its partners Total S.A. and Det Norske in the Gina Krog field in the Norwegian North Sea. Gina Krog (previously known as Dagny) is located 30 kilometers (km) northwest of the Sleipner field and approximately 250 km southwest of Stavanger, Norway. The development of Gina Krog will be among Statoil's major new developments with an estimated 225 million barrels of oil and gas. For the project, GE is supplying DSME with an integrated topside turbomachinery solution featuring products from several GE businesses.

22 Aug 2013

High Fuel Prices Draining Global Economy Says New Report

The forecasts and business strategies of carriers and manufacturers of transport-oriented capital goods indicate the industry is bracing for an era of higher energy prices and increased regulations, according to 'Transportation Outlook', a study conducted by Forbes Insights on behalf of CIT Transportation Finance. “This study highlights the fact that transportation executives are preparing for a future of uncertainty, both in terms of fuel prices and regulations,” said Jeff Knittel , President of CIT Transportation Finance . Fuel prices and rising energy costs are impacting the global economy: More than eight out of 10 (81%) executives say uncertainty surrounding energy policies is hampering global economic recovery.

15 May 2013

Irving Engages Suppliers on AOPS Opportunities

More than 530 potential suppliers from across Canada gathered in Halifax, Nova Scotia on Wednesday, May 15, 2013 for Irving Shipbuilding’s AOPS Supplier Development Session. Invitations were sent to the almost 2,000 companies included on Irving Shipbuilding’s online supplier registry with the goal of ensuring potential suppliers were informed of business opportunities within the Arctic Offshore Patrol Ship (AOPS) Program, the first set of combat vessels to be built under the federal government’s National Shipbuilding Procurement Strategy (NSPS). With participation from several of Irving Shipbuilding’s Tier One Subcontractors, including Lockheed Martin Canada and GE Canada…

07 Jun 2012

Intelsat Announces the Intelsat EpicNG Satellite Platform

Intelsat S.A  has introduced the Intelsat EpicNG satellite platform, a new series of satellites based upon a high performance, open architecture design. Intelsat EpicNG will be deployed for wireless and fixed telecommunications, enterprise, mobility, video and government applications requiring broadband infrastructure across the major continents. The Intelsat EpicNG platform is an innovative approach to satellite and network architecture utilizing multiple frequency bands, wide beams, spot beams and frequency reuse technology. A complementary overlay, Intelsat EpicNG will be fully integrated with Intelsat's existing satellite fleet and global IntelsatONESM terrestrial network.

16 Apr 2012

India Shipbuilders Seek Subsidies

Concerned over India's declining market share in global shipbuilding that currently stands at a meagre 0.01 per cent, the Shipping Ministry has sought immediate policy measures including revival of subsidy sceme for shipbuilders, according to a report in the Economic Times. In an official statement the Shipping Ministry says that China, Korea and Japan have emerged as leaders, while Taiwan, Vietnam and Brazil and Brazil are also entering the market. The (Indian) industry is at such a stage today that it needs support in the form of shipbuilding subsidy as well as other measures. The ministry has argued that ever since the subsidy scheme expired, India's share is declining and has come down to 0.01 per cent from 1.24 per cent.

01 Mar 2012

EnerMech Lands North Sea Contract

EnerMech s been awarded a £6.6 million contract by Apache North Sea Ltd. to supply and install four new Blow- Out Preventer (BOP) handling cranes on the Forties Alpha, Bravo, Charlie and Delta platforms. The project, which will deliver four Stahl cranes and is expected to be completed by Q1 2013, will be serviced by a dedicated engineering team from EnerMech’s Aberdeen-based cranes division. The contract award builds on a number of existing multi-million pound crane operations and maintenance contracts held by mechanical engineering company EnerMech and represents a significant investment in the offshore infrastructure owned and operated by Apache.

30 Jun 2010

Five Minutes with Richard Marler, Chairman, President & CEO, Signal International

Richard Marler

In the June 2010 edition of Maritime Reporter & Engineering News (www.marinelink.com), we had the opportunity to meet with Richard Marler, Chairman, President and CEO of Signal International, on the sidelines of OTC to discuss his company’s rapid growth and promising future. What is the primary focus of Signal International? RM     Our principal focus is offshore drilling rig and ship overhaul, repair, upgrade and conversion. Additionally, we provide services to the general marine and heavy fabrication markets and are moving into shipbuilding. When and why did you start Signal?

18 Aug 2010

USACE Completes Dredge Hurley Extension

Hurley complete and ready for work.

The Corps of Engineers Memphis District Ensley Engineer Yard (EEY), in partnership with the Corps of Engineers Marine Design Center (MDC) in Philadelphia, Pa., completed the lengthening of the Dredge Hurley by 48-feet. The project increased the dredge’s length from 305 to 353 feet, making it one of the largest vessels on the river and increased the dredge’s dredging depth from 40 to a maximum of 75 feet. This project will enable the Corps’ newest dustpan dredge to be better serve…

01 Dec 2010

New Equipment at Blount Boats

 Photo courtesy Blount Boats

Blount Boats has made significant upgrades to its physical plant thanks mostly to a grant from the U.S. Department of Transportation¹s Maritime Administration. These grants benefited a number of shipyards around the country and were made possible by the American Recovery and Reinvestment Act. Thanks to these grants, Blount Boats has installed a significant amount of new capital equipment including a Hydraulic Shear, a Proform Brake Press, a Hydraulic Plate Roller and a Big Swing Lathe among other equipment.

11 Feb 2009

Salvage and marine firefighting

Chief Warrant Officer Guy Inzunza rides a stage to the sea bed during a dive from the Military Sealift Command rescue and salvage ship USNS Grasp.

On New Year’s Eve, 2008, the US Coast Guard issued its long-awaited regulations regarding salvage and marine firefighting. While there are various points of criticism, overall the rulemaking is an excellent advance over the current situation of preparing in advance for marine casualties that implicate salvage and firefighting. The owners or operators of a tank vessel that carries or is designed to carry Group I-IV oils as cargo in bulk has until July 1, 2010 to revise its vessel response plan (VRP) and submit it to the Coast Guard for consideration and approval.

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