Otto Marine Limited, an offshore marine company which owns and operates a large fleet of offshore support vessels, has secured charter contracts worth approximately US$404 million in the first half of 2014 (1H2014). Otto Marine enjoys a healthy order book that stood at approximately US$450 million as at 30 June 2014, with an average […]
July 14, 2014 | Posted in
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Keppel Offshore & Marine’s wholly owned subsidiaries Keppel Shipyard and Keppel Singmarine have secured contracts worth a total of $368m. The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd., a wholly owned subsidiary of Bumi Armada Berhad. The new FPSO […]
July 1, 2014 | Posted in
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On Friday (May 2), the Petrobras Executive Committee approved contracts for twenty-three vessels to support its offshore activities. These vessels are part of the 6th round of the third Fleet Renewal Plan for Offshore Support Vessels (Prorefam). In 6th round, nineteen Platform Supply Vessels (PSV - Vessels to transport cargo to the platforms) were contracted, […]
Prosafe and BG Group have agreed a change to the Safe Bristolia accommodation support vessel work programme in 2014 to allow inclusion of a contract award from ConocoPhillips Petroleum Company U.K. Limited for the provision of the vessel at the Judy platform in the U.K. sector of the North Sea. Operations at Judy are planned […]
Systems integrator Alewijnse Marine Systems has signed the official contracts for the launch of the new branches Alewijnse Marine Singapore Pte. Ltd. and Alewijnse Marine Malaysia Sdn. Bhd. The formation of the Singapore and Malaysian offices marks the next phase in Alewijnse’s strategy to supply its electro-technical services to shipyards and operators in South-East Asia. […]
April 11, 2014 | Posted in
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Fearnleys Weekly newbuilding report said that in total 7 ships were ordered last week. The market seems to be «out for lunch» for the time being with just a few fresh contracts hitting the headlines. Croatian yard Uljanik secured a pair of MR type product carriers from domestic owners. In another MR deal, d’Amico went […]
April 10, 2014 | Posted in
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Birkenhead (UK) based engineering firm IPS Marine Fabrications has completed a series of contracts for three ship operators. IPS director Paul Smith said the contracts with Whitaker Tankers, and ferry operators Seatruck and Stena showcased the broad range of fabrication and insulation skills IPS can provide. “The job spec of these contracts was really varied […]
April 8, 2014 | Posted in
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TTS Group ASA through its subsidiary TTS Marine AB in Sweden has received confirmation for delivery of four ship-sets of cargo access equipment to four post-Panamax car carriers, with a total value of approx. $35 million. The contracts are with Hyundai Heavy Industries in South Korea and Tianjin Xingang Shipbuilding Heavy Industry Co., Ltd. in […]
April 3, 2014 | Posted in
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Otto Marine Limited has secured charter contracts for its Multiple Purposes offshore Supply Vessel (MPSV), Go Explorer, for a total of US$21.0 million. Go Explorer will initially be deployed to work in Vietnam followed by Australia working on a major offshore construction project based on the various contractual arrangements. The MPSV Go Explorer is a 3200 […]
March 19, 2014 | Posted in
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TTS Group ASA has, through its subsidiaries TTS Ships Equipment AS and TTS Marine GmbH, entered into four new contracts, one for delivery of side-loading systems and three for winches. The total values of the contracts are NOK 110 million (USD 18.4 million). The contract for side-loading systems is with a major Norwegian shipping company, […]
March 18, 2014 | Posted in
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