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Japan: Tsuneishi Shipyard Launches New Kamsarmax Ship for NYK Bulkship
Business & Finance

Japan: Tsuneishi Shipyard Launches New Kamsarmax Ship for NYK Bulkship

Fukuyama Tsuneishi Shipyard of Tsuneishi Shipbuilding Co. has launched today, on January 20th, a 82.000 DWT KAMSARMAX type bulk carrier for the NYK Bulkship (ATLANTIC) NV. This ship is a KAMSARMAX bulk carrier, developed by the shipyard, as one of its major products alongside the TESS series. The na

about 14 years ago
UK: DNV Develops X-Stream, New Deep-Water Pipeline Concept
Business & Finance

UK: DNV Develops X-Stream, New Deep-Water Pipeline Concept

DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. X-Stream is based on established and field-proven technologies which have been innovativ

about 14 years ago
TPT Orders Six Mobile Harbour Cranes for Durban Facility, South Africa
Business & Finance

TPT Orders Six Mobile Harbour Cranes for Durban Facility, South Africa

Transnet Port Terminals (TPT) signed a contract with Liebherr Werk Nenzing for the purchase of six mobile harbour cranes. The cranes are part of TPT’s Durban roro and Maydon Wharf Terminal’s R438.3 million investment in container-handling capacity. The agreement covers design, fabrication, delivery,

about 14 years ago
South Korea: Doosan Secures Major Contract from Maersk
Business & Finance

South Korea: Doosan Secures Major Contract from Maersk

Recently, Doosan Engine won a record order from the Danish company A.P. Moller Maersk, the world’s largest marine shipper. The W323 billion (approx USD 284.2 million) contract is for the delivery of 120 engines (40 main and 80 auxiliary) to be installed in twenty ultra-large containerships built by

about 14 years ago
Norway: BP and Winch Tests for AHTS Brage Viking
Business & Finance

Norway: BP and Winch Tests for AHTS Brage Viking

On the 18th January 2012, the newly built AHTS Brage Viking arrived directly from the yard in Spain, to do some quick release and winch-testing at the Bollard Pull outside Flekkefjord. She arrived in Flekkefjord early in the morning on the 18th January, and they started testing around 5:00 PM. They

about 14 years ago
Norway: Power from Mainland for Hild and Luno Felds?
Business & Finance

Norway: Power from Mainland for Hild and Luno Felds?

Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will becom

about 14 years ago
Brazil: Santos Port Prepares for Large Vessel
Business & Finance

Brazil: Santos Port Prepares for Large Vessel

Business Monitor International’s Brazil Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Brazil’s shipping industry. BMI believes 2012 wi

about 14 years ago
PGNiG Scores Hattrick in APA 2011 (Norway)
Business & Finance

PGNiG Scores Hattrick in APA 2011 (Norway)

PGNiG Norway, has been awarded interests in three exploration and production licences in Norway by the Norwegian Ministry of Energy and Petroleum, as part of the APA 2011 licensing round. For the first time, PGNiG Norway has been awarded operatorship in one of the licences. PGNiG Norway will acquire

about 14 years ago
Singapore: ST Marine Wins Contract to Upgrade Pipe-Laying Vessel Castoro 8
Business & Finance

Singapore: ST Marine Wins Contract to Upgrade Pipe-Laying Vessel Castoro 8

ST Marine won a contract from Saipem (Portugal) Comercio Maritimo (Saipem) to upgrade the heating, ventilation, and air conditioning (HVAC) system and accommodation piping system for pipe-laying vessel, Castoro 8. It will undertake the design development, engineering and supply of a new chilled wate

about 14 years ago
Spanish Built AHTS Undergoes Testing in Norway
Business & Finance

Spanish Built AHTS Undergoes Testing in Norway

On the 18th January 2012, the newly built AHTS Brage Viking arrived directly from the yard in Spain, to do some quick release and winchtesting at the Bollard Pull outside Flekkefjord. The vessel arrived in Flekkefjord early in the morning on the 18th January, and they started testing around 5:00 PM.

about 14 years ago
Singapore: ST Engineering Secures New Contracts
Business & Finance

Singapore: ST Engineering Secures New Contracts

ST Engineering today announced that the Group has secured new contracts for the Electronics and Marine sectors worth about $350m in 4Q2011. These wins include a LRT communications contract in Taiwan, and several naval contracts and commercial shiprepair and conversion contracts. ST Electronics and S

about 14 years ago
Singapore: ST Marine to Upgrade Saipem’s Pipelaying Vessel
Business & Finance

Singapore: ST Marine to Upgrade Saipem’s Pipelaying Vessel

ST Marine has recently won a contract from Saipem (Portugal) Comercio Maritimo (Saipem) to upgrade the heating, ventilation, and air conditioning (HVAC) system and accommodation piping system for pipe-laying vessel, Castoro 8. It will undertake the design development, engineering and supply of a new

about 14 years ago
COSL Completes Fracturing Operation at Sinopec’s Well in Ningbo (China)
Business & Finance

COSL Completes Fracturing Operation at Sinopec’s Well in Ningbo (China)

The well completion and output enhancement unit of China Oilfield Services Limited (“COSL”) has recently successfully completed a fracturing operation at Sinopec’s 14-2-1 well in Ningbo. This is the first fracturing operation COSL performed for Sinopec. The professionals at the well completion and o

about 14 years ago
UK: Red Penguin Receives Contract for Wave Hub
Business & Finance

UK: Red Penguin Receives Contract for Wave Hub

Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will

about 14 years ago
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