Green Marine UK Bolsters Subsea Services Unit with Major Investment
Orkney-based marine services firm Green Marine UK has announced a seven-figure capital investment in a new Subsea Services Department targeting the U.K.ās offshore wind sector.The company expansion, boosted by financial backing from HIE (Highlands and Islands Enterprise), includes the purchase of subsea technology from Rovtech (Seatronics), Sonardyne, Norbit, Voyis, Tritech, Digital Edge Subsea, EIVA and a range of other sensors.The Subsea Services Department, expected to officially launch in late spring 2025ā¦
Fincantieri-EDGE JV Lines Up $520M UAE Navy Support Contract
Maestral, an Abu Dhabi-based shipbuilding joint venture between Fincantieri and EDGE, has lined up a major āIn-Service Support Strategic Partnership Projectā for the entire navy fleet of the United Arab Emirates (UAE), worth over $520 million.The contract to Maestral will be awarded by Tawazun Council, an independent government entity that works closely with the Ministry of Defence and security agencies in the Gulf country.The value of the agreement is of approximately $524 million over a five-years period.Maestral will serve as the industrial strategic partnerā¦
New Nergård Havfiske Stern Trawler Named
Nergård Havfiskeās third stern trawler Sørkapp was named in a ceremony in Tromsø, Norway, on June 13.The stern trawler is the third vessel Vard has delivered to Nergård Havfiske. The two previous trawlers are Breidtind and Senja. All three vessels were at the quay during the ceremony.Sørkapp is a Vard 8 02 design and is outfitted for semi-pelagic and bottom-trawling operations, emphasizing gentle handling of the catch to meet the latest requirements for fish health, efficiency and environmentally friendly operation.
DOF Bags Shellās Decommissioning Contract for Knarr and Gaupe Fields
Norwegian offshore vessel operator DOF Group has secured a āsubstantialā subsea engineering procurement removal and disposal (EPRD) contract from Norske Shell in the Atlantic region.The contract outlines 100 combined days of utilization of DOFās vessels Skandi Hera and Maersk Installer.DOF will deliver an integrated solution of project management, engineering, design, analysis and survey.Described as āsubstantialā by DOF, this means that the contract is valued between $23.8 million and $47.8 million (NOK 250 million to NOK 500 million).The scope includes recovery and recycling of umbilicalsā¦
EH Group's 250kW Marine Fuel Cell System Earns AIP from DNV
EH Group said its EH Fuel Cell System TRACE-M250, designed for high power and maritime applications, has been awarded approval in principle (AIP) following an assessment by classification society DNV to confirm that the fuel cell design meets all the applicable maritime rules, regulations, codes and standards.Based on EH Groupās stack technology, the 250kW EH TRACE-M250 module is designed to improve efficiency and safety, in a more compact and lightweight module, the Switzerland-based manufacturer saidā¦
DOF Awarded Subsea Work off West Africa
Norway-based DOF Group on Monday announced it has been awarded a contract for one of its vessels offshore West Africa.The deal will see DOF's construction support vessel (CSV) Skandi Acergy support operations to install subsea umbilicals, risers and flowlines (SURF) for an unnamed "tier 1 contractor and operator" in West Africa, DOF said. The 156.9-meter-long vessel was built in 2008.DOF labeled the contract as "significant", worth between $80 million and $100 million. The deal includes 326 days firm utilization, and 75 optional days, commencing in the fourth quarter of 2023.In addition to the vessel utilization, DOF Subsea Atlantic will offer project managementā¦
ISS Issues RFP to Construct North Americaās First Zero-emissions Towboats
Houston-based Industrial Service Solutions (ISS) announced Thursday it is seeking bids from U.S. shipyards to build up to four hulls for what will become North America's first fully-electric towboats.The zero-emissions vessels, which will be constructed for New York-based Zeeboat and available for charter from 2025, will run entirely on battery power, without the use of diesel enginesāa first for towboats in North America. Vancouver, B.C.-based Shift Clean Energy will deliver the battery energy storage systems.ISSā¦
Cox Marine Inks Expansion Deal with UAE Partner Gulf Yachts
Diesel outboard engine manufacturer Cox Marine announced an expanded contract with UAE partner Gulf Yachts to cover additional regions as exclusive distributor.Gulf Yachts is increasing its territories beyond Qatar, Oman, Kuwait and Lebanon to also distribute in UAE and Bahrain, and the new deal confirms the Doha-based company as the largest distributor of the CXO300 diesel outboard in terms of volume of sales.Appointed by Cox Marine in 2020, Gulf Yachts has a growing order bookā¦
SCHOTTEL Acquires Majority Stake in elkon
German propulsion company SCHOTTEL said it has acquired a majority stake in Turkish marine electrical system integration specialist elkon as vessel hybridization and electrification gain traction amid industry efforts toward decarbonization and improved energy efficiency.The contract for the purchase of the majority stake in elkon by the holding company SCHOTTEL Industries GmbH was signed in Istanbul, Turkey, and announced this week at the Nor-Shipping trade fair in Oslo, Norway.āWith elkon as renowned and very successful supplier of electrical power system engineeringā¦
Ørsted-Eversource JV Taps Nexans for Revolution Offshore Wind Farm Export Cable
Paris-based offshore cable making and installation company Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution offshore wind farm in the U.S.The project will connect the wind farm to the onshore grid and help Connecticut and Rhode Island states achieve ongoing commitments to develop offshore wind.Located more than 15 miles south of the Rhode Island coast and 32 miles southeast of the Connecticut coast, the 704 MW Revolution Wind Farm will address both statesā energy needsā¦
Fairbanks Morse Defense Acquires Maxim Watermakers
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Maxim Watermakers, a privately-owned provider of desalination and water treatment technologies for marine defense applications based in Shreveport, La. The companyās water treatments systems, which provide life-sustaining water for crews during ship deployments, position Maxim as an essential addition for FMD to provide turnkey onboard solutions and global technical support that ensure crews are always mission ready.āWhat we do is critically important to the safety of our nation and the worldā¦
Fairbanks Morse Acquires Federal Equipment Company
Fairbanks Morse Defense (FMD) announced it has acquired Federal Equipment Company (FEC), expanding its product capabilities and service solutions for shipyard, defense, and industrial customers ā with emphasis on its support for and offerings to the U.S. Nuclear Navy.The transaction includes FEC Military, a global leader in designing and manufacturing mission-critical components and systems for the U.S. Navy and U.S. Coast Guard, including its advanced cargo elevators, engineered doors and specialized material handling equipment.
Sumitomo Selects Light Structures Hull Monitoring for Aframax Tanker Pair
Light Structures AS and Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering (SHI-ME) entered into an agreement for delivery of comprehensive hull stress and fatigue monitoring systems on two newbuild 115,000 DWT Aframax crude oil tankers due for delivery in Q2 2023 and Q3 2023.Hull stress monitoring is usually the preserve of larger ships and platforms, or very specialized vessels, but its deployment on Aframax vessels reflects a growing interest in long-term structural monitoring due to the safety and financial benefits it can enableā¦
The Case for Stock Boats
Could you imagine designing your own car or truck or airplane, and then trying to build it? Unless youāre Elon Musk, you most likely couldnāt.Todayās consumers donāt want to solve their own problems, they want turnkey solutions, and they want them now. In what industryāother than maritimeādo you see customers designing their own products, putting them out for bid, and then dealing with time and cost overruns? Yet, in the maritime world most acquisitions are long, drawn-out processesā¦
Yara Marine Technologies Opens Shop in Poland
Yara Marine Technologies announced it has opened a new shop in GdaÅsk, Poland, as the company moves into installation services. The new site will serve turnkey deliveries as part of the companyās green tech expansion, such as shore power and WindWings, as well as onboard repairs and upgrades."When introducing new and unfamiliar technologies to the maritime industry, we experience that we need to be able to supervise and cover some of the installations ourselves, if only to get local installation and commissioning teams on the right track.
Callan Marine Launches Marine Construction Division
Galveston, Texas-based Callan Marine has launched a new Marine Construction Division to provide turnkey marine, civil and specialty construction services along the U.S. Gulf Coast.The Marine Construction Division has the capability to complete projects requiring 110- to 300-ton crane barges, including major marine bulk freight projects, containership terminals, marina developments and new dock and pier construction, Callan said, adding that the Marine Construction Division specializes in pile drivingā¦
Triumph Subsea Services Orders Offshore Construction Vessel from Brodosplit
Triumph Subsea Services has signed a contract with the Croatian shipbuilder Brodosplit for the construction of a field development vessel.Triumph said Tuesday that the contract was for one firm vessel, with options to order three more.Options will be executed upon completion of the detailed engineering drawings and upon cutting of steel of the initial hull, Triumph Subsea Services said.The first vessel has been assigned hull number 495 and named āFDV Chronosā with expected steel cutting in March / April 2021. The delivery is scheduled for the fourth quarter of 2023.
Lounsbury Joins Harvey Gulf Subsea Solutions
U.S.-based Harvey Gulf Subsea Solutions said it has appointed LaDawn Lounsbury to its Business Development Team.Lounsbury brings to the position extensive subsea background and well-established client relationships, having previously held roles with Helix, Ranger Offshore, Oceaneering International and, most recently, Bayou Companies Deepwater Flow Assurance and Coating and Insulation Business, over the course of her 12-year career. She has a Bachelor of Science Degree in Business from Louisiana Tech.A wholly owned subsidiary of Harvey Gulf International Marineā¦
Newport Shipping Names Loges Managing Director for Germany
Newport Shipping said Ingmar Loges has joined the company as Managing Director, Germany, supportSing U.K.-based drydocking services firm in group financial strategy and marketing strategy for the German market.Loges comes with more than 30 years of industry experience in domestic and international marketplaces. His previous roles included Global Head of Ship and Offshore Finance for the last 15 years in financial institutions DVB BANK SE Amsterdam, HSH Nordbank AG Hamburg, UniCreditā¦
Mactech Adds Thordon Portfolio
Mactech Inc has joined Thordon Bearingsā global network of sales and service agents to support the Canadian manufacturer in the Wisconsin, Michigan, Chicago, Minnesota and the USA Great Lakes areas.Mactech develops and manufactures its own product line for in-field machining and has an active on-site service division, however, it is the first time the company has agreed to partner with another manufacturer.The Minnesota-headquartered leader in portable machining, measuring andā¦
SMM 2020 Publishes Maritime Industry Report
āDriving the maritime transitionā: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets.The year 2020 marks a major turning point in international shipping: On January 1ā¦
Wärtsilä Forms New Biofuel Arm
Finnish shipping technology group Wartsila has merged its Puregas Solutions and biogas liquefaction teams to form a new Biogas Solutions unit that will offer its customers a āone-stop-shop serviceā for advanced biofuel production.Wärtsilä Biogas Solutions, a unit with expert capabilities in liquefying upgraded biogas for end-customer use, offers products for biogas upgrading to biomethane, and the liquefaction of biomethane into bioLNG."Currently, our market share in this field is almost 60 percent, and we expect this to continue to grow as we further develop our capabilities,ā says Arne Jakobsen, General Manager, Wärtsilä Biogas Solutions.Wärtsilä has earlier provided the turnkey installation for the worldās largest bioLNG facility located in Skognā¦
Ziton Charters New O&M Vessel
Danish company Ziton has added Vroon jack-up MPI Enterprise to its fleet under a bareboat charter agreement.The vessel has been chartered on a bareboat agreement with Vroon as of 28 May 2019 until 31 March 2021. Ziton will then have the option to acquire the vessel.This fleet expansion is part of Zitonās strategy to meet changing market dynamics, in which offshore wind turbines with capacities of 7ā10 MW are increasingly commonplace.Enterprise will be available to our customers under existing framework agreements. It will also be deployed within our turnkey solutions for major component replacements and blade campaigns.āWe are very happy to see Enterprise join our fleet,ā says Ziton CEO Thorsten Jalk.