TTS Group ASA, through its subsidiary TTS Handling Systems AS, has signed two contracts of ship handling systems with a total value of approximately NOK 50 million – one with Samho Ltd. in South Korea and the other with Pella Shipyard in Russia. The contract with Samho Ltd. is for two shiplifts. The
Keppel FELS Brasil S/A has secured two contracts worth a total of about US$950 million from the Petrobras-led consortiums, Guara BV and Tupi BV, for the fabrication and integration of topside modules on the Floating Production Storage and Offloading vessels (FPSO) P-66 and P-69. As part of the agree
Yangzijiang Shipbuilding Holdings Ltd, a large shipbuilding enterprise from China, has reported cancellation of eight shipbuilding contracts in the second quarter of the year due to the clients’ failure to complete payments for their orders. As reported by the Wall Street Journal, the vessels in que
Modest Infrastructure Bhavnagar shipyard has completed construction of a fully automated 3,300 DWT product tanker, built for an Italian owner. As Times of India reports, the ship was built in a span of 20 months. According to Mehul Patel, director (project and operations), the ship can be operated w
GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor
As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine
KfW IPEX-Bank is participating with EUR 50 million in the financing of a research project by Tognum AG, one of the leading suppliers of propulsion and power generation systems. The remainder of the EUR 400 million project is financed by Tognum itself and by the European Investment Bank (EIB). The fu
Afai Southern shipyard, in the afternoon of August 6th, launched the DFF4212 fast ferry (ASA032) named “Anneke”. The aluminum ferry has been designed by Damen Shipyards. The two shipyards work in close cooperation since 2001 to build aluminium vessels. Amongst other ships, this has led to the two bi
The European debt crisis; a weak US employment market; declining growth rates in emerging economies such as China and India: prospects for the global economy are not exactly bright at the moment. These are the challenging coordinates for the decision-makers of the maritime industry as they get ready
As offshore wind developments move further offshore, into deeper waters with more extreme weather conditions, the challenge of providing operations and maintenance (O&M) support safely and cost effectively grows. The Fjellstrand WindServer is one of the new generation of offshore service vessels who
Reinforcing its role as a major supplier of electric propulsion technology for liquefied natural gas (LNG) ships, GE’s Power Conversion business recently received a series of new orders from South Korean companies Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries. The GE equipmen
The Navy’s newest littoral combat ship, the future USS Fort Worth (LCS 3), departed from the Marinette Marine Corp. shipyard in Marinette, Wis., Aug. 6, beginning its journey to her commissioning site in Galveston, Texas, before heading to her eventual homeport of San Diego, Calif. Fort Worth is the
On Monday Huntington Ingalls Industries began construction on the amphibious transport dock LPD 27. The ship, being built at the company’s Ingalls Shipbuilding division, is the 11th ship in the USS San Antonio (LPD 17) class of ships. “This is the 11th LPD in what has become a hot production line,”
Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiaries has secured total contracts worth approximately US$4,32 Billion from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of five drillships based on Jurong Shipyard’s proprietary Jurong Espadon
