STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, informed that Fincantieri Oil & Gas S.p.A., a wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., has signed an agreement for the acquisition of 50.75% of the share
A Norwegian fisheries company Ytterstad, based in Lødingen, has ordered a new flagship. The main function of the ship is to purse seining and pelagic trawling. The ship will have a length of 75 m, a width of 15.40 m and a tank capacity of 2100 m3. This advanced type of ship is developed by […
The International Chamber of Shipping (ICS) is calling upon EU maritime administrations to ensure that they are ready to issue passenger ships with the required insurance certificates in order that ships can comply with the EU Passenger Liability Regulation (PLR). If the necessary certificates are n
Wärtsilä and Yuchai Marine Power Co. Ltd. (YCMP), a subsidiary of Guangxi Yuchai Group, have signed an agreement in Zhuhai, China to establish a 50/50 joint venture for manufacturing medium-speed marine engines in Zhuhai City, Guangdong Province. The joint venture will serve the increasingly dominan
On December 19 Igor Sechin, Rosneft President and Chairman of the Management Board held a working meeting with BP CEO Bob Dudley to discuss the integration of Rosneft and TNK-BP. Bob Dudley will become a member of the steering committee co-ordinating the integration that will be chaired by Igor Sech
ULSTEIN has entered into a contract with Island Offshore and their American partner Edison Chouest Offshore for the delivery of a multifunctional offshore vessel based on ULSTEIN’s SX121 design, with an option for an additional vessel. The vessel is prepared and tailored for the well intervention, I
Market-leading energy production technology services company Proserv has bolstered its rapidly-evolving global footprint and specialist integrated services after acquiring major US company, Total Instrumentation & Controls (TIC). The acquisition of Houston-based TIC, which specialises in advanced pr
Finland’s Cargotec has secured a series of new MacGregor offshore winch orders in Malaysia.
GPC Baru is the latest addition to the RAmparts 3200CL series, delivered to its owners Sociedad Portuaria Regional De Cartagena (SPRC) on October, 2012. Two more sister tugs for the same owner will follow. The vessel was constructed by Cheoy Lee Shipyards, Hong Kong. The vessel is a high performance
Market-leading energy production technology services company Proserv has bolstered its rapidly-evolving global footprint and specialist integrated services after acquiring major US company, Total Instrumentation & Controls (TIC). The acquisition of Houston-based TIC, which specialises in advanced pr
An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica
“A perfect conference”, “inspiring experience”, “very good atmosphere” reflected many of the participants on the past two days when they said good bye to the organisers of CEDA Dredging Days 2012. Entitled “Virtue, Venture & Vision in the Coastal Zone” this year’s edition of CEDA’s prestigious serie
MAN Diesel & Turbo has announced another order for the MAN B&W ME-GI dual-fuel, two-stroke, gas-injection engine. Teekay LNG Partners L.P. (Teekay LNG), an offshoot of Teekay Corporation, the international shipping group, has placed an order for two LNG carriers powered by 2 × 2 5G70ME-GI engines, i
Lloyd’s Register has provided approval in principle (AIP) for the new ‘Clean Sky’ bulk carrier design incorporating an LNG-as-fuel system. COSCO, Golden Union and Lloyd’s Register started the project in June 2011 to investigate the potential to develop a commercially viable bulk carrier design based
