Seadrill Limited has today completed the previously announced transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total consideration is being financed with [...]
May 17, 2013 | Posted in
Americas,
Company News,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
South & Central Asia,
Top Stories |
Read More »
Focal Marine & Offshore, a Singapore / Shanghai based OSV designer, has received a significant order for their 78m PSV (FOCAL 522) design, amounting up to 10 ships to be built at Xiamen Shipbuilding Industries in China. FOCAL 522 PSV design features 4,000 ton deadweight, 800 m2 deck cargo area, complement of 60 men and [...]
May 17, 2013 | Posted in
Also in the news,
Company News,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
South & Central Asia |
Read More »
The International Marine Contractors Association (IMCA) has published ‘Guidelines for installing ROV systems on vessels or platforms’ (IMCA R018). The new publication is aimed at vessel and platform owner/operators and designers, ROV contractor representatives, client and contractor staff who prepare bid documents and contracts, installation and rig managers, vessel and ROV managers, and vessel designers [...]
May 17, 2013 | Posted in
Also in the news,
Company News,
Europe & Eurasia,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
Workboat News |
Read More »
COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013. COSCO Shipping Company’s CEO, Capt. Han Guomin, had specially flown in from Guangzhou to chair the event. It was attended by clients of his company’s fleet of semi-submersible heavylift vessels. Executives of [...]
May 16, 2013 | Posted in
Also in the news,
Americas,
Company News,
Europe & Eurasia,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipping News,
South & Central Asia |
Read More »
Wilson Sons Limited (WSON11) announced its results for the First Quarter, according to which the Company’s net income reached USD 19.5 million, primarily due to strong performances in the Towage, Offshore Vessels, and Shipyard businesses. “Despite soft exports, we delivered a strong first quarter in terms of cash generation, with bottom-line margins growing significantly,” said [...]
May 16, 2013 | Posted in
Americas,
Company News,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
Shipping News,
Top Stories |
Read More »
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned what will be the UK’s most powerful emergency response and rescue vessel (ERRV). The Ocean Troll – which recently completed a long term charter with Statoil – has undergone a £2million conversion and overhaul at MMS in Hull to become a UK Class A ERRV with [...]
May 16, 2013 | Posted in
Company News,
Europe & Eurasia,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
Top Stories,
Workboat News |
Read More »
Mitsui O.S.K. Lines, Ltd. today announced the conclusion of a contract for a long-term liquefied natural gas (LNG) transport with Osaka Gas Co., Ltd. and Kyushu Electric Power Co., Ltd. As MOL has concluded the contract with Osaka Gas and Kyushu Electric Power, it will soon sign a contract with Mitsubishi Heavy Industries Co., Ltd. [...]
May 16, 2013 | Posted in
Asia Pacific,
Company News,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
Shipping News,
South & Central Asia,
Top Stories |
Read More »
KONGSBERG has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned new-build drill ships, with an option for KONGSBERG to deliver products and services for six more drill ships. “We call this a ‘Full Picture’ solution, as it includes dynamic positioning, position [...]
May 16, 2013 | Posted in
Also in the news,
Company News,
Equipment News,
Europe & Eurasia,
Featured,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
South & Central Asia |
Read More »
A symbolic keel-laying ceremony on the 17th of April 2013 in Gorinchem, The Netherlands, officially launched the construction phase of 14 Damen ASD Tugs for Kuwait Oil Company (KOC). The series consist of two types, being 9 tugs of Damen’s recently launched 3212 model and 5 units of the well-known 2810 design, with 80 and [...]
May 16, 2013 | Posted in
Company News,
Europe & Eurasia,
Featured,
Middle East,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news,
Shipbuilding News,
Top Stories,
Workboat News |
Read More »
Transocean Ltd., a Switzerland-based offshore drilling contractor, said in its monthly fleet update summary, providing information on the new contracts and significant changes to existing contracts, that the value of new contracts or extensions since the April 18, 2013 fleet status report is approximately $662 million. Deepwater Millennium drillship, working currently in Mozambique, has been [...]
May 16, 2013 | Posted in
Asia Pacific,
Company News,
Europe & Eurasia,
Featured,
Headlines,
News by topic,
NEWS category,
Offshore News,
Press releases,
Regional news |
Read More »
