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News

Massive repair job underway at shipyard
News

Massive repair job underway at shipyard

Repairs were started yesterday at Victoria Shipyards on a massive platform used at sea to propel commercial satellites into orbit. The Odyssey Launch Platform is undergoing repairs after a failed mission damaged the vessel in January after 20 consecutive successful launches. The platform, which is 1

about 19 years ago
Keppel/Technip consortium on course to deliver Petrobras P-52 FPU
News

Keppel/Technip consortium on course to deliver Petrobras P-52 FPU

When the P-52 FPU is operational, Keppel’s projects for Petrobras would have contributed over 50% of Brazil’s total oil production capacity of about 1.8 million barrels of oil per day. The consortium of Keppel Offshore & Marine Ltd (Keppel O&M) and Technip Engenharia S/A is on track to deliver the P

about 19 years ago
Statoil: Framework agreement with Odfjell
News

Statoil: Framework agreement with Odfjell

Statoil and Odfjell Drilling have signed a framework agreement for developing new technology. Statoil has previously signed similar agreements with the Halliburton, Schlumberger and Baker companies regarding subsurface technology.

about 19 years ago
Korea’s WIG Ship Project Hits Snag
News

Korea’s WIG Ship Project Hits Snag

The development of the WIG ship, or Wing in Ground ship, which the government hoped to use as a next-generation marine transport, has stalled since the government has failed to find a private-sector partner. The WIG ship, dubbed a flying boat, is essentially an airplane that flies just above the sur

about 19 years ago
Agreement to Submit Joint Single Proposal for Washington State Ferries
News

Agreement to Submit Joint Single Proposal for Washington State Ferries

Todd Shipyards Corporation announced that its wholly owned subsidiary, Todd Pacific Shipyards Corporation, has reached an agreement with J.M. Martinac Shipbuilding Corp. and Nichols Brothers Boat Builders, Inc., to submit a Joint Single Proposal to build ferries for the Washington State Ferry System

about 19 years ago
Dead stowaway found on powerboat
News

Dead stowaway found on powerboat

One man has been found dead and another three are in hospital after hiding on board a Formula 1 powerboat being transported from Greece to Devon. They were discovered at a pay toll in France when noises were heard inside a compartment on the Negotiator boat.

about 19 years ago
Buoyed by rising potential, more players enter dredging market
News

Buoyed by rising potential, more players enter dredging market

Mumbai: More local firms are entering the dredging sector to capitalize on the huge opportunity for deepening port channels to allow larger ships to call for carrying cargo. The latest to join the bandwagon is Mercator Lines Ltd, India’s second largest private shipping company by fleet size. The Mum

about 19 years ago
Work to salvage stranded coal ship begins
News

Work to salvage stranded coal ship begins

AUTHORITIES have begun a hydrographic survey of the ocean floor around a bulk carrier stranded on a Newcastle beach as they prepare to try to salvage the vessel. The 40,000 tonne Pasha Bulker has been stranded at Nobby’s Beach since it ran aground on Friday in gale force winds and high seas.

about 19 years ago
Ship Finance International orders five newbuilding container vessels
News

Ship Finance International orders five newbuilding container vessels

Two 2,500 TEU container vessels will be built at Jiangsu Yangzijiang Shipbuilding Co. Ltd., China and three 1,700 TEU container vessels will be built at Guangzhou Wenchong Shipyard Co. Ltd., China. The aggregate construction cost for the vessels will be approximately $190 million, and will be paid a

about 19 years ago
Venezuela mulls purchase of Russian submarines
News

Venezuela mulls purchase of Russian submarines

Venezuela is close to striking a deal with Russia on the procurement of several diesel submarines for its Navy, a source in the Russian shipbuilding industry said Thursday.

about 19 years ago
Global Carriers to double net profit with fleet expansion
News

Global Carriers to double net profit with fleet expansion

Global Carriers Bhd is optimistic of doubling its revenue and net profit in five years, on the back of its fleet expansion activities, said executive chairman Datuk Azlan Hashim. ‘We have already bought two (oil tankers) and our plan is to order four more in the next four years,’ he said after the c

about 19 years ago
Havila Shipping ASA – Newbuilding contract
News

Havila Shipping ASA – Newbuilding contract

Havila Shipping ASA has entered into a contract with Solstrand Verft for building of a new platform supply vessel (PSV) called Havyard 832 CD. The vessel is developed by Havyard Maritime in close cooperation with Havila Shipping ASA.

about 19 years ago
Aker Kvaerner delivers record breaking subsea technology to the Gulf of Mexico
News

Aker Kvaerner delivers record breaking subsea technology to the Gulf of Mexico

Aker Kvaerner will ship three subsea MultiBooster pumps to the Gulf of Mexico today. The installation in the King field will break world records when it is applied in water depths in excess of 1 700 metres, more than 29 kilometres from the platform. The contract was first announced by Aker Kvaerner

about 19 years ago
European commission clearance for joint venture Wärtsilä and HHI
News

European commission clearance for joint venture Wärtsilä and HHI

Wärtsilä and Hyundai Heavy Industries Co. Ltd signed in January 2007 an agreement to set up a 50/50-owned joint venture in Korea to manufacture Wärtsilä 50DF dual-fuel engines for LNG (liquefied natural gas) carriers for the Korean, Japanese, Chinese and Taiwanese shipbuilding markets.

about 19 years ago
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