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Offshore Market

Deepwater Mining Dredger Delivered to Jan de Nul

Dredger Joseph Plateau’: Image credit Jan De Nul

Spain's La Naval shipyard has delivered a fallpipe and mining vessel to Jan de Nul for work mainly in the offshore market. Joseph Plateau, is a sister vessel to the earlier constructed Simon Stevin, for the Dutch dredging and marine company Jan de Nul. The new dredger will work mainly in the offshore market and is capable of transporting 33,500 tonnes of rock amd can deliver to a depth of 2,000m. The 200m long and 40m beam Joseph Plateau is the  ninth vessel built by La Naval for Jan De Nul since 2002 and is the largest of its kind in the world.


Certex Launches New International Offshore Division

Certex International is launching a new offshore division.  Certex International Offshore Services brings together five companies from the Foranka International AB group that are well established within the global offshore market – Certex Offshore (UK), Certex Norge (Norway), Peter Harbo (Denmark), Erling Haug (Norway) and Haug Offshore Services (Norway).  All five of the component companies will continue to operate on an individual basis but as part of Certex International


MAN B&W Capitalizes Offshore

MAN B&W Diesel has positioned itself on the offshore market, having sold more than 80 engines to the sector so far this year. The leading supplier of large-bore diesel engines has been receiving a particularly high number of orders from Norway and Singapore. The engines ordered are destined for use in nearly all areas of offshore oil and gas extraction, including FPSO, research vessels, platform supply vessels (PSV), anchor handling tug supply vessels (AHTS), pipelay vessels


Acquisition of Drilling Technology Company Sense EDM

TTS Marine ASA has signed an agreement to purchase all shares in the Norwegian drilling technology company Sense EDM. The company supplies drilling equipment and control systems for the on- and offshore markets.


IHC Merwede to Showcase Solutions at OTC Houston 2012

IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and lifecycle support activities at stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012, which runs from April 30 to May 3 in Houston. As a supplier of custom-built vessels and equipment for the offshore market, IHC Merwede is renowned for focusing on the development of integrated solutions, as highlighted by its position as “the technology innovator


Wärtsilä Back to Growth, Stable Profitability in 2012

Wärtsilä has issued its financial statement and bulletin for the period January to December 2012. HIgllights of the review period -Order intake increased 9% to EUR 4,940 million (4,516) -Net sales increased 12% to EUR 4,725 million (4,209) -Book-to-bill 1.05 (1.07) -Operating result (EBIT) EUR 515 million or 10.9% of net sales (EUR 469 million or 11.1%) -EBITA EUR 550 million or 11.6% of net sales (EUR 485 million or 11.5%)


Stratos Announces Expansion

Stratos Global Corporation has entered into a definitive agreement to acquire Shell Offshore Inc.'s telecommunications subsidiary, Shell Offshore Services Company (SOSCo). The transaction is subject to regulatory approvals and customary closing conditions. "The acquisition of SOSCo is consistent with Stratos' long-term strategy of providing communications solutions to high volume industrial customers operating in remote locations," explains Derek Woods, president and CEO of Stratos


HHI Set To Put Big Dent in Offshore Market

Hyundai Heavy Industries (HHI) is reportedly set to win up to $1.3 billion worth of orders for offshore projects by end-June, according to published reports. The roster of anticipated contracts includes a pending deal for an FPSO in West Africa, an order for a semi-submersible to be deployed in the Sakhalin project, and an order to set up a jack-up production platform in the Caspian Sea, Reuters reported. In 2001, Hyundai Heavy received in excess of $2 billion in offshore project orders


Teekay Offshore Signs Brazil Shuttle Tanker Contract

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) TOO -0.92% , announced today that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil.   The contract with BG will be serviced by four Suezmax-size DP2 shuttle tanker newbuildings to be constructed by Samsung Heavy Industries in South Korea


Cummins Names Leadership for Key Segments

Greg Young, Director of Strategic Growth – Commercial Transport.

Cummins Inc. (NYSE: CMI), a manufacturer of diesel engines for the commercial marine industry, has reorganized it Commercial Marine Business around five customer-focused market segments: commercial transport; offshore oil and gas; passenger transport; government / defense; and special use (fishing).   In line with this reorganization, the company has named Greg Young Director of Strategic Growth – Commercial Transport and Waldemar Marchetti Director of Strategic Growth


Damen Completes PSV Order for World Wide Supply

World Sapphire (Photo: Damen)

The official christening of the World Sapphire marks the completion of a six-ship order whereby Damen Shipyards has delivered six Platform Supply Vessels (PSVs) to Norwegian company World Wide Supply (WWS) AS in just six months. The Damen PSV 3300 features a radical design rethink


Interview: Devon Grennan CEO, Global Diving & Salvage

Devon Grennan  CEO, Global Diving & Salvage

Devon Grennan joined Global Diving & Salvage in 1995 and has served many roles. When company founders Tim Beaver and John Graham stepped down from direct operational involvement, Grennan was named CEO. Maritime Reporter & Engineering News caught up with Grennan for his insight into his


WSS Makes Key Asia Pacific Appointments

Hege Solstad: Photo WSS

Wilhelmsen Ships Service (WSS) advises that it has strengthened its Singapore-based management team with the appointment of Ms. Hege Solstad as Regional Director, WSS Asia Pacific, and Harald Lundestad as General Manager in the Singapore office.


IHC Merwede Reveals Healthy Orderbook

ihc.png

IHC Merwede successfully increased its orderbook in 2013 across the main sectors of its business: offshore and dredging. The company received almost € 1.8 billion worth of new orders in the past year. At the end of 2013, the order book was valued at over € 1


Bourbon Revenues Rise in 2013

Photo: Bourbon

Revenues up 10.5% vs. full year 2012 to €1.312 billion and up 6.0% vs. fourth quarter 2012 to €331.6 million impacted by U.S. Dollar depreciation against the Euro •    Annual Revenues up 10.5% partly due to a 5


Wärtsilä Achieves 2013 Financial Target

Björn Rosengren
: Photo courtesy of Wärtsilä Corporation

Wärtsilä Corporation has published its annual financial report for the year 2013, and President & CEO Björn Rosengren
 introduces it with the following message to shareholders, excerpted as follows: "For Wärtsilä


OMM Reports Wind Farm Guard Vessel Business Boom

Wind Farm support work: Image courtesy of OMM

UK-based Offshore Marine Management (OMM) say that its Guard Vessels business has shown a strong performance in 2013 with 4,728 vessel management days recorded and a number of key industry relationships forged. The company informs it has been working closely with its vessel partner has provided


Seadrill Sees Bigger Drilling Market Slowdown

Reuters - The global oil drilling market will slow by more than expected over the next two years as energy firms save cash for dividends and delay exploration, Seadrill , the world's biggest offshore driller by market capitalisation, said.


Training Systems: Seagull AS Acquires MindIT Solutions AS

Oscar Johansen: Photo credit Seagull

Computer-based training systems provider, Seagull, inform it has acquired all the shares in e-learning specialist MindIT Solutions AS, Kristiansand, Norway, a specialist provider of web-based learning to the offshore industry. "The MindIT team is a reliable and high quality supplier of


W&O Expands Engineered Solutions Team

John Catanzaro (left) and Marc Lagattuta

W&O, a global supplier to the marine and marine offshore markets for pipe, valves and fittings, valve automation and engineered solutions, announced the expansion of its Engineered Solutions team. John Catanzaro and Marc Lagattuta have joined W&O to provide its customers and OEM partners


New Unithai Shipyard to Meet Offshore Demand

aero-17.jpg

Thailand’s Unithai Shipyard and Engineering said it has expanded operations to support the steady growth of offshore operations. The company has opened a new branch in Songkhla province, one of the busiest offshore markets in the region.


Second Damen Offshore Carrier Ordered

Photo: Damen

A charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered an order for a Damen Offshore Carrier DOC 8500 - the second order for this new ship design from Damen Shipyards Group. The DOC 8500 will extend DeepOcean’s capabilities in the larger


Time for WSS to Put Its Americas House in Order, Says VP Simon Hutt

Simon Hutt: Photo courtesy of WSS

Ship service provider, WSS’s new VP for the Americas, Simon Hutt, says that it is time for the company to put its’ ‘house in order’ and make good on its plans for growth across the Americas region. Hutt, who was formerly Area Director for Southern Europe North and West


Teekay LNG Partners Announces Change to Board of Directors

Teekay LNG Partners L.P. announced that Beverlee F. Park has accepted an invitation to join Teekay LNG's Board of Directors and to Chair its Audit Committee, effective March 11, 2014. Park replaces Robert E. Boyd who retired today from the Teekay LNG Board after serving as a Director and Chair of


VIKING Reports 10 Years of Profit Growth

Henrik Uhd Christensen

VIKING Life-Saving Equipment A/S announced its 2013 financial results, reporting growth in both turnover and profits for 10 straight years. The Danish-based company with a worldwide presence said it has “once more beaten the odds in an industry plagued by reductions in passenger and cargo


 
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