Udenna Backs-out from EMAS Rescue
Philippine's Udenna Corporation has broken off negotiations over a potential investment of $73 million in struggling Singapore-based offshore vessel company Emas Offshore.The ailing Singaporean contractor Emas Offshore announced in a regulatory filing that Udenna had informed the company that it would no longer be injecting $73.29 million into the offshore services provider. No reasons were given in the announcement for Udenna's decision.Dennis Uy-led Udenna is the parent company of Pheonix Petroleum and Chelsea Logistics Holdings.Udenna and Emas inked a non-binding term sheet last October…
Galloper Contract Goes to Granada
Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all 58 davit crane units installed on the 353MW project, 56 on wind turbine foundations and two on the offshore substation.Situated 27km off the Suffolk coast, the Galloper Offshore Windfarm Limited (GOWL) already has one of Granada’s unique Python cranes fitted to each of the 56 wind turbine foundations, with another two on the OTM platforms."Building on the success of their 2016 contract to design…
Baker Technology Buys Stake in CH Offshore
Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm."BT Investment (BTI), a direct wholly-owned subsidiary Baker Technology, has announced that it has entered into (a) a sale and purchase agreement with Energian, a wholly-owned subsidiary of Falcon Energy Group, a company listed on the Singapore Exchange Securities Trading to acquire 217,800,000 issued and paid-up ordinary shares in the capital of CH Offshore…
Fendercare Signs Global Supply Deal with HALO
Fendercare Marine, part of James Fisher and Sons plc, has signed an international distribution and preferred supplier agreement with HALO Maritime Defence Systems (HALO) to provide marine asset security and protection to its global customer base.The agreement, effective immediately, allows marine equipment supplier Fendercare Marine to supply and install HALO marine barriers and access control systems worldwide. Customers will benefit from increased availability of HALO’s advanced…
Kyriacou to Lead De Nora's BWMS Unit
Electrochlorination equipment supplier De Nora announced that Dr. Stelios Kyriacou has been appointed as General Manager of its BALPURE Ballast Water Management System (BWMS) business unit. Dr. Kyriacou joins De Nora Water Technologies from Wärtsilä, where he managed the research, development, design and certification of the full Wärtsilä BWMS range. He previously undertook the same role at Hamworthy from 2009 until its acquisition by Wärtsilä and held roles at Hatlapa Marine Equipment. Dr.
Hai Cheung to Build SeaCure BWMS in China
Evoqua Water Technologies has initiated the second phase of its partnership with Chinese marine equipment supplier Hai Cheung Trading Co. Ltd. Marking another development to the partnership agreement between Evoqua Water Technologies and Chinese marine equipment supplier Hai Cheung Trading Co. Ltd. signed in February, and which initially covered the sale and supply of Evoqua’s SeaCURE System into the Chinese market, Hong-Kong based Hai Cheung will now manufacture and distribute the ballast water management solution under license in China.
TechnipFMC & the Future of 'Super-profit Oil'
TechnipFMC’s Andersen discusses the way forward now that “super-profit oil” is over. Ann Kristen Andersen heads up oilfield projects as offshore services and equipment supplier TechnipFMC’s managing director for Norway and Russia. She started her job on the first day of February 2017, a month after a merger that changed the company and has already partly changed an industry beginning to ramp up activity with the oil price buoyant at $55 per barrel. How has the merger that created TechnipFMC — which answered calls for lower offshore costs in tough times — changed the way you do things?
MAN Diesel & Turbo, MM-Offshore Partner
At a signing ceremony on June 1 at the Nor-Shipping trade fair in Norway, engines manufacturer MAN Diesel & Turbo signed a cooperation agreement with ship equipment supplier MM-Offshore. The impetus for the agreement stems from industry efforts to enhance ship performance. These have resulted in highly efficient propulsion and maneuvering systems with both now optimized – individually – essentially to perfection. He added, “A number of recent projects have already documented how beneficial such a combined optimization could be for ship designers…
Nor-Lines, Rolls-Royce Sign Service Agreement
Nor Lines and Rolls-Royce have signed a “Power-by-the-Hour” service agreement for the two vessels Kvitbjørn and Kvitnos. The new service offering harnesses the power of “big data” to monitor, plan and perform maintenance and repairs on all the equipment it has installed on the cargo vessels. Power-by-the-Hour is a completely new service from Rolls-Royce Marine, and the agreement with Nor Lines is the first of its kind. The service builds Rolls-Royce’s many years of experience with equipment monitoring, proactive servicing and available solutions in the aerospace market.
Finnlines, Alfa Laval Ink Scrubber Performance Deal
Finnish shipping operator Finnlines, part of the Grimaldi Group, has placed a service order with Alfa Laval to optimize the performance of its existing Alfa Laval PureSOx scrubber systems. The performance agreement was tailored for Finnlines using the Alfa Laval 360° Service Portfolio, a structured selection of defined service offerings. The Alfa Laval performance agreement with Finnlines covers PureSOx systems installed on board seven RoRo vessels: Finnpulp, Finnmill, Finnhawk, Finnkraft, Finncarrier, Finnmaster and Finnmerchant.
Hai Cheung to Build Evoqua Seacure System Under License
Evoqua Water Technologies’ SeaCure ballast water management system (BWMS) continues to build momentum in the marine market. Today, the company expanded its global partnership network by joining forces with Hai Cheung, a leading marine equipment supplier to the Chinese market. Hai Cheung will initially support Chinese shipyards with the supply and service of Evoqua’s SeaCURE BWMS. In a second phase of the agreement, the Hong Kong-based engineering company will then produce the SeaCURE system under license to facilitate demand from Chinese yards.
Wärtsilä, CSSC Ink BWMS Manufacturing Deal
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with access to technology and the rights to manufacture the Wärtsilä Aquarius EC Ballast Water Management System (BWMS) under license for applications to CSSC customers. In return, Wärtsilä gains access to CSSC's new manufacturing facility, thereby further supporting supply and demand needs for the Wärtsilä BWMS direct to Wärtsilä customers.
De Nora Bags Repeat BWTS Order from OSG
Electrochlorination equipment supplier De Nora has received an order from tanker company Overseas Shipholding Group (OSG) for its BALPURE ballast water treatment systems (BWTS). OSG will retrofit the proprietary slipstream electrochlorination BWTS on four 69,000 DWT chemical and oil product tankers within the first half of 2017. De Nora will supply its BALPURE BP3000-C system, which can treat up to 3,000 m3/h of ballast water, for installation on the Overseas Goldmar, Overseas Silvermar, Overseas Rubymar and Overseas Rosemar.
Vard Acquires Equipment Supplier Storvik Aqua
Designer and builder of specialized vessels Vard Holdings Limited has entered into an agreement to acquire AS, an equipment supplier that provides feeding, measurement and control solutions to the aquaculture industry. The purchase price is approximately NOK 35 million. “Through this acquisition, VARD confirms its position as a provider of innovative solutions for the aquaculture business,” said Roy Reite, Vard CEO and Executive Director. Storvik Aqua has a production facility in Norway, as well as subsidiaries in Chile and Scotland, and a total workforce of 33 employees. The company will continue to operate under its existing brand name, but in close interaction with the Vard Aukra shipyard.
PALFINGER Makes Takeover Bid for TTS
The takeover bid made by the PALFINGER Group for the Norwegian ship equipment supplier TTS Group ASA, listed on the Oslo Stock Exchange, was approved and published this morning by the Oslo Stock Exchange following a detailed review. PALFINGER aims to acquire 100 percent of the TTS shares. Apart from the necessary anti-trust approvals, the offer is also subject to the condition that at least 90 per cent of all the shares in TTS be offered to the PALFINGER Group (with PALFINGER having already secured acceptance of a total of approx. 66.3 per cent). The initial deadline for acceptance of the offer is 12 August 2016. The Board of Directors of TTS recommends that its shareholders accept PALFINGER’s offer.
Fundraiser Held for USS Gerald R. Ford Crew
Blackmer, a company in positive displacement and centrifugal pump and reciprocating compressor technologies, has a relationship with the U.S. Military that dates back to 1914 when it became an official equipment supplier to the Armed Forces. One of the more significant contracts Blackmer has earned was awarded in 2007 when the U.S. Navy selected the company to supply sliding vane pumps for use on the USS Gerald R. Ford (CVN-78), which would be the lead ship in a new class of supercarriers used for crisis response and early decisive striking power in major combat operations. The USS Gerald R.
First LNG Bunkering Operation for TOTE in Jacksonville
TOTE Maritime Puerto Rico Successfully Performs First LNG Bunkering at Jacksonville Port. On Saturday, January 9, 2016, TOTE Maritime Puerto Rico successfully loaded LNG bunkers aboard the world’s first LNG powered containership, MV Isla Bella. Approximately 100,000 LNG gallons transported by 12 TOTE-owned LNG ISO containers were loaded on schedule. The bunkering was conducted under strict US Coast Guard oversight while Isla Bella was also undergoing cargo operations. The LNG…
Year Zero for ECDIS Compliance
The right product for the right application is a familiar claim from marine equipment supplier Simrad, but, when compliance with International Maritime Organization (IMO) requirements is at stake, it is a call demanding an immediate response. Compliance with the Safety of Life at Sea (SOLAS) Convention on Electronic Chart Data and Information Systems (ECDIS) is now a matter of urgency. The mandatory phase-in for all internationally trading vessels to be fitted with an ECDIS using Electronic Navigation Charts (ENCs) reached a watershed on July 1, 2015.
HHI Shows Smarter Way to Shipbuilding at KOMARINE 2015
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading integrated heavy industries company, announced today it teams up with its shipbuilding affiliates, Hyundai Mipo Dockyard (HMD) and Hyundai Samho Heavy Industries (HSHI), to participate in KOMARINE 2015, a major maritime international exhibition from October 20 to 23 at Hall 3, Booth 3F05, BEXCO, Busan in South Korea. In the biennial event where about 1,200 companies from 40 countries are expected to participate…
Petrojarl I Drydocked for EPC Redeployment Upgrade
After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16, 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull. In all, the vessel will spend a year at DSR before heading off to the South Atlantic. The Teekay managed FPSO arrived at Damen Shiprepair Rotterdam in January 2015. DSR was awarded an EPC contract by Teekay Petrojarl LLC for the upgrade, on completion of which the vessel will be redeployed at the Atlanta field in Brazil.
Sea Star Line, ACT Sign LNG Bunkering System Agreement
Sea Star Line, LLC and Applied Cryo Technologies (ACT), in cooperation with Dragon Products, have finalized plans for the first liquefied natural gas (LNG) bunkering system that will supply Sea Star Line’s new ships. Sea Star Line and its parent company TOTE are building the world’s first LNG-powered containerships that will begin serving the Puerto Rican market later this year. The LNG bunkering system is a critical part of the LNG supply chain for the Marlin Class ships. The system is comprised of 25 cryogenic IMO tanks that will transport LNG from Georgia to Jacksonville. In addition, ACT will ensure that the new ships can be fueled safely and effectively in under six hours, enabling Sea Star Line to maintain its on-time commitment to the people of Puerto Rico.
Foster Wheeler For Air Quality Control System Upgrade In West Virginia
Foster Wheeler AG announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate and optimize the wet flue gas desulfurization system at their existing 700 MWe (net megawatt electric) Longview Power facility in Maidsville, West Virginia, USA. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s third-quarter 2014 bookings.
VIKING Steps Up Pace of Innovation at SMM
This year’s SMM in Hamburg will see VIKING release more innovations than at any other point in its 50-year history, including new developments in PPE clothing, safety equipment outsourcing, onboard training solutions, and evacuation systems, as well as a catalogue that almost doubles the number of maritime products. Esbjerg, Denmark, September 2014 – Riding high on market successes, marine safety equipment manufacturer VIKING Life-Saving Equipment’s product developers have…