The offshore support vessel concept design is named 'SHC Wavedancer' and the designer calls it – 'The workhorse of the future'.The designer, Dennis Knox, describes his ship as being both exceptionally stable in bad weather, as well as fast…
Ashtead Technology announce at the U.K.'s Ocean Business 2013 expo that it has purchased Sonardyne 6G acoustic positioning equipment value £1.3 million.This latest acquisition is the second significant order placed by the company for 6G in the last 12 months…
ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering…
Abu Dhabi-based Adyard has delivered two AHTS vessels equipped with MAN L27/38 propulsion packages.The two Topaz Energy & Marine 67-metre (80-ton bollard pull) vessels are ready for anchor handling tug supply services and the transportation of dry and liquid cargo to and from pipe-laying barges…
A McDermott International subsidiary has been awarded two projects valued at approximately US$ 900-million.The first project includes engineering, procurement, construction and installation of a new tie-in platform, with a 3,200-tonne topside and six-pile jacket…
As expected the industry just about scraped over the break-even line in 2012, albeit only because of the results of a handful of leading lights. There is every chance that lines will make decent money in 2013, but only if they refrain from old habits and stick to pricing and capacity discipline…
Singapore will continue its drive to be a leading international maritime center and will work even more closely with countries and shipping associations in the region to realize its goal of creating a unified ‘Asian Voice’ in the shipping industry…
BW Offshore has agreed an extension for their FPSO's 'Abo' and ''.The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months.These extensions have…
The International Marine Contractors Association (IMCA) advise on printed & electronic versions of its Common Marine Inspection Document (CMID).Both versions of the CMID have proved invaluable by providing a standard format for inspection of offshore vessels…
Seaway Heavy Lifting contracted by Siemens AG for the transportation & installation of the German North Sea jacket & transmission station. The contractors say that the 5,800 tonnes jacket will be installed by Heavy Lift Vessel “Oleg Strashnov”…
Shell to sign Russian Arctic deal with Gazprom Neft, Kremlin reveals.The companies are preparing to sign an agreement that will cover joint offshore drilling in the Russian Arctic as well as shale oil projects onshore in Western Siberia, reports The Telegraph…
Floatel International Ltd is contemplating issuance of approximately USD 150 million new shares on the Oslo stock market.The company says its share placement will further strengthen their position as a leading provider of high-specification…
IHC Merwede has revealed a healthy net profit margin of 4.1% in 2012 and a positive sales forecast for the year ahead. The company develops and builds vessels, equipment and life-cycle support services for the dredging, mining and offshore industries…
The 75th and final turbine has been installed at the Lincs Offshore Wind Farm.The installation marks a major milestone in the development of the 270MW project, which will be capable of producing enough energy to meet the annual power needs of more than 200…
HB Rentals wins an A60-ABS-approved, 10-building package to accommodate 58 personnel on a fixed platform off the coast of Trinidad.In addition to the 58 beds, HB Rentals also supplied the galley, diner, laundry facilities and medic’s room as well as the generators…