Contracts News

 

US Coast Guard Gets New Cutter from Bollinger

Sep 14, 2012

Bollinger Shipyards, Inc. has delivered the WILLIAM FLORES, the third Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger, “We are…

DFDS Cancels P+S Werften Shipbuilding Contracts

Sep 14, 2012

Short sea RoPax ferry operators DFDS cancel contracts for two RoRo freight ships from Gernan shipyard in liquidation.DFDS say that the  contracts worth DKK 1.0-billion are cancelled on account of the shipyard’s breach of several terms of the contracts…

SpecTec Continues to Grow in Middle East

Sep 13, 2012

SpecTec in The Middle East has announced the signing of a first contract with Mubarak Marine LLC.The contract which was agreed early in July is for the supply of AMOS2 Software. It includes one full office installation for the Mubarak Marine’s headquarter in Dubai and five Vessel installations…

Taiwan Ferry Propulsion Package Contract For MAN

Sep 13, 2012

Lienchiang County Government of Taiwan ordres two 9L32/44CR four-stroke engines to power a inter-island new Ropax ferry.The medium-speed engines will form part of a complete propulsion system delivered by MAN Diesel & Turbo that also includes reversible gearboxes…

Smit Lamnalco Wins Significant Contract in Iraqi Waters

Sep 13, 2012

Royal Boskalis Westminster N.V. (Boskalis) associate company Smit Lamnalco wins Single Point Moorings (SPM) support contract from Petrofac. The contract is to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP)…

Offshore Automation Contract for ABB

Sep 12, 2012

ABB wins four-year $16 million automation services contract renewal for PEMEX in Mexico.ABB wins an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen…

Rig Manpower Total Contract for TEAM Energy

Sep 12, 2012

TEAM Energy, an Acteon company, contracted for three years to provide Total with technical personnel for its drilling, fluids & well operations.The new contract will maintain TEAM Energy’s global relationship with Total, build on the existing…

Bollinger Delivers First Ocean Class Tug to Crowley

Sep 12, 2012

Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has delivered the OCEAN WAVE, the first of four “Ocean” class tugs, to Crowley Maritime Corporation. “We are extremely proud of our Ocean Class team and the delivery of the first in class tug…

Shipping Markets and Finance

Sep 12, 2012

In recent years, excess vessel capacity has been plaguing shipping markets and the resultant drop in asset values has restrained financing options for ship owners. Following the financial crisis in 2008, demand across the major shipping segments – dry bulk…

Semi-submersible Rig 'Erik Raude' Contracted

Sep 11, 2012

Ocean Rig UDW Inc.  has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland…

Cargotec Gets Major Order from DPWorld Brisbane

Sep 11, 2012

Cargotec receives an order to deliver 14 Kalmar automatic stackingcranes & 14 Kalmar one-over-one shuttle carriers to DP World Brisbane Pty.The equipment will be taken into use at the Port of Brisbane. DP World Brisbane will also be using Navis Sparcs N4 TOS in their Brisbane terminal expansion…

Semi-submersible Accommodation Rig Order for COSCO

Sep 11, 2012

COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore.The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund…

Transocean to Focus on Floaters, Jackups, Sells 38 Shallow Water Rigs

Sep 10, 2012

Transocean Ltd. to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately US$1.05-billion.Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners…

Ultra-deepwater Drillship Contract for HHI

Sep 10, 2012

Rowan Companies exercises option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd.The cost for this rig, including commissioning, project management and spares, but excluding capitalized interest…

Oil Platform Hook-up, Commissioning Contract for Kvaerner

Sep 07, 2012

Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance…

Logistics News

NYK Invests in Oceanic Constellations Tech Startup

NYK Invests in Oceanic Constellations Tech Startup

Tallink Shuttle to Run Entirely on Renewable Energy

Tallink Shuttle to Run Entirely on Renewable Energy

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Maersk’s 2025 Report: Some Records and Some Lay Offs

Maersk’s 2025 Report: Some Records and Some Lay Offs

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