Contracts News


BC Ferries Order WESMAR Thruster

Mar 25, 2013

WESMAR to supply BC Ferries, with a  dual prop, counter-rotating, bow thruster for the  T-Class Passenger/Car ferry 'M/V Tachek'.M/V Tachek transports cars and passengers among the popular Gulf Islands and the WESMAR Model V2-24, 150 HP AC…

Second Ivory Coast Container Terminal

Mar 25, 2013

Contract awarded for a second container terminal that will double the African state's capacity.The Ivory Coast Government has awarded a contract for the construction of a second container terminal at the port of Abidjan to a consortium of French companies Bollore…

Iceland Likely to Order More PSV's

Mar 25, 2013

Iceland, which issued its first offshore oil and gas exploration licenses this year, seeks to become a hub for subsea explorers from Greenland to Jan Mayen.Foreign Minister Ossur Skarphedinsson announced that Icelandic companies will probably follow oil-service provider Fafnir Offshore’s 7…

GL Garrad Hassan Advise on Offshore Windfarm Transmission

Mar 25, 2013

GL Garrad Hassan was technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links. The company acted as the sole technical…

NNS Awarded Carrier Construction Preparation Contract

Mar 25, 2013

Huntington Ingalls Industries' Newport News Shipbuilding Division receives a $407 million contract extension to a previously awarded John F. Kennedy (CVN 79) contract.The award of the contract extends the period of performance, adds additional efforts for engineering…

Bahri Scraps Old Stager Cargo Ship

Mar 25, 2013

The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling.The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale…

MECO Builds Second Shipboard Desalination System

Mar 22, 2013

The Office of Naval Research (ONR) selected MECO to construct a new prototype advanced desalination system.  This is the second time that ONR has turned to MECO, a producer of water purification plants, to provide a highly reliable and energy efficient solution…

TMPS Appointed US Agent for ABC Diesel Engines

Mar 22, 2013

Trans Marine Propulsion Systems, (TMPS) appointed agent by Anglo Belgian Corporation (ABC) Diesel Engines.TMPS has locations in Seattle, Washington and Tampa, Florida, and services most makes and types of diesel engines, including medium…

Mercator Lines Reduce Liabilities in Challenging Market

Mar 22, 2013

Mercator Lines (Singapore) Indian-owned international dry bulk shipping company cuts short charters, sell a ship.The sale of the vessel Sri Prem Putli was concluded on 21st March, 2013 resulting in net proceeds of USD 44.4 million. The proceeds…

Restructuring Pays Off: Indonesian Shipyard Wins Orders

Mar 22, 2013

Singapore-based Otto Marine contracted to fabricate 4 pre-erected columns & pontoon blocks worth S$6.3-million.Otto Marine Limited, an offshore marine company which specialises in building complex offshore support vessels, ship chartering…

ABB Main Electrical Contractor for Ichthys Offshore Project

Mar 22, 2013

ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…

LNG Shipping's Dream Run Over?

Mar 22, 2013

Drewry's latest 'LNG Insight' saw heating demand subside in major importing regions in February & cargo availablilty also tightened.Regarding cargo availability, a few unplanned shutdowns, caused a 4% decline in the LNG  Freight Index.LNG shipping enjoyed a dream run during 2011 and 2012…

BAE Systems Starts Construction on GulfMark PSV

Mar 21, 2013

BAE Systems’ shipyard in Alabama has begun construction on the first of two platform supply vessels (PSVs) for GulfMark Americas, Inc. Executives and employees from both companies gathered recently at the BAE Systems’ facility in Mobile to oversee…

Strategic Marine to Build Key Patrol Vessel

Mar 21, 2013

Strategic Marine also delivers fourth of eight windfarm service supply ships for UK operator  in Singapore.Strategic Marine, a specialist shipbuilder with operations in Singapore, Australia and Vietnam, will build the Long Term Ashmore Capability…

Diana Containerships Buy 'Hanjin Malta'

Mar 21, 2013

Diana Containerships Inc. has taken delivery of the m/v “Hanjin Malta”, a 1993-built Panamax container vessel of 4,024 TEU capacity.The Hanjin Malta is time chartered to Hanjin Shipping Co. Ltd., Seoul, for a period of minimum thirty-six and…

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Molten Salt Technology Validated

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