Miclyn Express Offshore announced that it has entered into an agreement with Dredging International (Australia) Pty Ltd to supply an AHTS, MEO Sovereign 1, for the Chevron-operated Wheatstone Project in Western Australia. The contract will commence in May 2013 for 2 years firm. MEO also announced that it’s 70% owned business, Express Offshore Solutions, has [...]
May 9, 2013 | Posted in
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Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced the Company won a USD 700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater treatment system. The electronically-controlled main engine will maximize fuel [...]
May 6, 2013 | Posted in
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Transocean Ltd. issued yesterday a comprehensive Fleet Status Report, which provides current status and contract information for the company’s entire fleet of offshore drilling rigs. The value of new contracts or extensions since the December 17, 2012 fleet update summary is approximately $235 million. Estimated 2012 out of service time decreased by a net 15 [...]
Royal Imtech N.V. announced that it has recently received new marine services and maintenance orders worth approximately 82 million euro (USD 106.4 million). In its marine activities Imtech is focusing on among others on growth in services and maintenance and expansion of the number of services branches along important shipping routes. A Global Control Centre [...]
Keppel FELS Brasil S/A’s (Keppel FELS Brasil) yard in Angra dos Reis, Rio de Janeiro, Brazil – BrasFELS – has delivered FPSO Cidade de Sao Paulo 19 days ahead of schedule and with an excellent safety record. FPSO Cidade de Sao Paulo has a production capacity of 120,000 barrels of oil per day (bopd) and [...]
November 19, 2012 | Posted in
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SBM Offshore N.V. has agreed to the sale and transfer of GustoMSC, to Parcom Capital, a private equity group, for a consideration of approximately US$ 185 million. The purchase price will be paid in cash at closing. The sale is a first step in the divestment program for non-core assets of approximately US$ 400 million [...]
![Indonesia Needs USD 46.1 Billion for Ports Development, Official Says]()
Leon Muhammad, Director General of the Directorate General of Sea Transportation, said that Indonesia needs US$46.112 billion for port development projects until 2030. According to Bernama, the government can only provide 31.7 per cent or US$14.613 billion, while the remaining 68.3 per cent or US$31.499 billion will be from foreign investors. Leon said 26 ports [...]
Havyard Group AS has signed a contract for delivery of design and construction for the next generation of Havyard 832. The vessel is due to be delivered in the second quarter of 2014 and the contract value is close to NOK 300 million (approx USD 51.6 mln). This contract is agreed on the conditions of [...]
On the 23rd of August in Moscow on ROSATOM’s premises the signing of a contract for building of the pilot universal new generation nuclear icebreaker was held. The contract was signed by Director General of Rosatomflot and Acting Director General of Baltiysky Zavod in the presence of First Deputy Director General and Director of the [...]
The U.S. Navy has awarded BAE Systems a $78 million contract modification to produce canisters for Mk 41 and Mk 57 Vertical Launching Systems (VLS) on cruisers and destroyer battleships. This new contract increases the current contract value to $158 million. “BAE Systems has produced the canisters for the Navy since 1985, and this contract [...]
