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…
ABB to deliver advanced integrated automation and electrical solution for largest Italian public work project of the last century.ABB will supply the complete integrated electrical and automation system for Mo.S.E. (the Italian acronym for experimental electro mechanic module)…
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…
Royal Boskalis Westminster N.V. (Boskalis) has concluded the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The transaction price of EUR 70 million has been financed from Boskalis' own cash.With the transaction Boskalis acquires the equipment…
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…
‘Next Generation Marine Power & Propulsion’ is a fast moving networking event that focuses on viable solutions for vessels of all sizes. More than 20 expert speakers will highlight a range of unique opportunities. The program covers three phases…
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…
Shipping companies are increasingly gathering information from the fleet in order to improve their operations and safety performance. Without easy–to-use and data smart systems potential insights and improvements may be lost. Time-consuming…
Statoil has, on behalf of relevant licensees, exercised options for previously awarded drilling service contracts for fixed installations. Options have been exercised for 17 installations on the Norwegian continental shelf.In 2012 Statoil…
Today, Kvaerner and its sub-contractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field. The topside construction starts on schedule and budget. The Johan Sverdrup development is being executed with a high degree of Norwegian value creation…
Port operator APM Terminals to develop a new transshipment terminal in Tangier, Morocco with an annual capacity of five million TEUs. APM Terminals MedPort Tangier will become operational in 2019, serving multiple trades and will be the first automated terminal in Africa…
