BW Offshore has been awarded a Letter of Intent with Petrobras for the conversion and operation of the first production unit to the giant Tupi field in Brazil. BW Offshore has been awarded a Letter of Intent (LOI) to supply the Tupi TLD FPSO to Petrobras. BW Offshore will use the FPSO BW Peace, set
One of the world’s largest cruise ships has arrived in the UK for the first time ahead of its naming ceremony. It will be named in Southampton next Wednesday will sail to and from the city all summer.
Wärtsilä has acquired the Danish company International Combustion Engineering A/S (I.C.E.). I.C.E. specializes in project engineering and the service and repair of steam boilers and ancillary burner systems. The company has its headquarters in Aalborg, Denmark. The acquisition of I.C.E. will expand
The deal is for a newly built Skandi TBN AH 04 CD vessel, developed by Aker Yards. The contract has three one-year extension options. The new boat is scheduled for delivery from the shipyard in December 2009, but will likely go out on the spot market for a few months before starting its contract wit
Looking at the record levels at which new ships were ordered globally in past two years, there would be a slowdown in fresh contracts in 2008, according to the Llyods Register Group. The last two years have seen unprecedented levels of ship contracts, where calendar year 2007 saw 164.8 million gross
In their haste to get the ships into the water, the Navy and contractors redesigned and built them at the same time — akin to building an office tower while reworking the blueprints. To meet its deadline, Lockheed abandoned the normal sequence of shipbuilding steps: instead of largely finishing sect
The world’s biggest cruise ship arrives in port on Friday to become the largest vessel ever to be based in Britain. The brand new 160,000 tonnes Independence of the Seas will operate throughout the summer from Southampton.
Chinese ship laden with weapons for Zimbabwe is heading home after being refused permission to dock in four African nations. Beijing said that the An Yue Jiang had been unable to fulfil its contract to deliver 77 tons of arms, including bullets, mortar bombs, grenades and assault rifles.
The congestion that has plagued India’s largest container gateway, Jawaharlal Nehru port, right through the 2007-2008 financial year looks set to continue in the new year that started on April 1. Three super post-panamax rail-mounted quay cranes, ordered from Malaysia’s IMPSA at a cost of Rs1.05bn (
Jan De Nul Group has recently been awarded several projects, well spread over the globe, worth over one billion euro. Furthermore, many of these projects will be executed in new market areas such as Peru, Trinidad and Brazil. These new contracts will further strengthen the top market position that t
Chris Hamel, a crew member on the multimillion-dollar, 80-foot racing yacht Magnitude 80, prepares the vessel at its dock in Long Beach for this weekend’s Newport to Ensenada International Yacht Race. The crews on about 390 boats are making last-minute checks, preparations and repairs before setting
DryShips Inc., today announced that it has exercised its option to acquire two advanced capability drillships for use in ultra deep water drilling locations. The drillships, are to be constructed by Samsung Heavy Industries Co., Ltd. (SHI) and are expected to be delivered from the shipyard in the th
Aker Solutions in Aberdeen has been awarded a three-year contract, plus options, to provide Fairfield Energy with engineering, procurement and construction services on the Dunlin Alpha platform in the northern North Sea. The contract is valued at between GBP 20 and 30 Million annually and will creat
The USD 665 million EPC-LNG contract was awarded to the joint venture (50/50) between Aker Solutions (formerly Aker Kvaerner) and IHI, Inc. (formerly Ishikawajima-Harima Heavy Industries) and announced in a stock exchange release 19 July 2006, pending the issue of a Full Notice to Proceed from Ingle
