Terex Port Solutions (TPS) achieves another success in South America. The Argentinian power plant operator AES Argentina Generacion S.A. (AES) has ordered a Terex Gottwald Model 2 portal harbour crane in the G HSK 2224 variant from TPS. From the end of 2016…
Further expected container shipping liner losses throughout the first half of 2016, exacerbated by the awful prevailing spot and contract freight rates will lead to a major trigger point at some stage later this year. This will happen either…
Subsea services provider to the oil and gas industry Bibby Offshore (BOUK) has secured a multimillion pound contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
Johan Sverdrup is by far the largest ongoing project on the Norwegian Continental Shelf for the next few years. Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by…
Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million…
Seagull Oil & Gas has launched the most cost efficient and comprehensive e-learning training package in the industry for offshore personnel working in explosive atmospheres.Building on International Electrotechnical Commission (IEC) standards…
National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425 billion riyals ($380 million) to finance the construction cost of five very large crude carriers.The facility lasts for a period of 10 years and six months…
Following on a March 2015 agreement and a memorandum of agreement last December, Fincantieri, a leader in cruise ship design and construction, and Carnival Corporation & plc, the world’s largest cruise company, have finalized contracts for the construction of five next-generation passenger ships…
Harrington Hoists, Inc. announced that Edward (Ned) Hunter will take on the role of executive vice president and senior executive officer of Harrington’s parent company, KITO Corporation, and Carlo Lonardi has been promoted to president of Harrington Hoists…
The Navy will christen its newest Arleigh Burke-class destroyer, Ralph Johnson (DDG 114), Saturday, April 2, during a 10 a.m. CDT ceremony at Ingalls Shipbuilding in Pascagoula, Mississippi. The ship will be christened by the ship sponsor…
MacGregor, part of Cargotec, has received an order to provide loose lashings for five 10,500 TEU Hapag-Lloyd container ships under construction in South Korea by Hyundai Samho Heavy Industries. This order builds on a previous contract, which MacGregor announced in September 2015…
V.Ships, part of the V.Group, has entered into a partnership with Empros Lines to create a dedicated bulk carrier management cell in Greece. The cell will be staffed by the Empros’ technical team and hosted in the Piraeus office of V.Ships Greece…
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway…
Damen Anchor & Chain Factory (AKF) has shown it remains expert in welding following the renewal of its ISO certification. The certificates; ISO 9001 and ISO 3834 welding procedure show AKF follows stringent quality management systems and has…
Bernhard Schulte Shipmanagement (BSM) is further expanding the scope of ship management services it offers with the addition of two new service offerings – Lay-up Services and Green Recycling.Both services have been developed to meet changing…