Korean shipbuilder Samsung Heavy Industries extends application of next-generation 3D engineering technology to its offshore projects. SHI has been a longtime user of the industry-leading solution, deploying it in full production within its Shipbuilding division, and has now extended the use of SmartMarine 3D for its offshore projects. SmartMarine 3D's automated, rule-based technology has enabled SHI to achieve its objective of delivering a higher volume of the most complex and technically advanced vessels on the market today. Due to the success of SmartMarine 3D for its shipbuilding projects, SHI decided to implement the next-generation solution for its offshore projects as well. SHI deployed SmartMarine 3D successfully for its pilot project, and has since applied the Intergraph solution for its current offshore projects. SmartMarine 3D has delivered significant productivity gains by helping SHI to streamline its design process, reducing production man-hours and project costs. Gerhard Sallinger, Intergraph Process, Power & Marine president, said, "We are pleased to further extend our partnership with SHI, one of the world's leading engineering companies. Intergraph has been working closely with SHI to continue enhancing SmartMarine 3D for the industry, and SHI's expansion of SmartMarine 3D into its Offshore division will help SHI deliver increased safety, quality and productivity for both its offshore and marine projects."
According to reports, the waters of the Great Lakes, near the shores of Canada, may soon be home to offshore wind power. The Province of Ontario's Ministry of Natural Resources has lifted a deferral on applications to produce offshore wind power in the province's waters. This decision came after the province took steps over the past year to obtain the best available information on which to base decisions regarding offshore projects on. These steps have included partnering with the U.S
Kromav Engeharia, a Brazil marine engineering firms, chose ShipConstructor’s AutoCAD-based CAD/CAM software for use on shipbuilding and offshore projects. “ShipConstructor will be an important tool,” said Ricardo Vahia, Director of Kromav. “Based on our expectations for future market demand and success to be achieved with the software, we are currently acquiring hardware that will allow us to expand to 30 Universal Licenses.”
Offshore Marine Management Limited (OMM) to sell its agency Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited. Atlas Services Group Energy has been operating in the Energy and Marine industry for more than 30 years. The company has established an excellent reputation and holds important home market positions both inside and outside of Europe. Atlas Services Group works with professionals in the Energy and Marine industry and will further support the
Russia may allow more oil companies to access its offshore projects, Energy Minister Alexander Novak said on Friday. "In general, the access can be extended," Novak told reporters in Moscow. An existing law stipulates that only state energy majors Rosneft and Gazprom can explore offshore fields. But Lukoil, Russia's No.2 oil producer, has long called for extending access to private firms as well.
Two high-level indicators of vessel and structure demand in the offshore sector are energy prices and oil company exploration & production (E&P) spending, says Clarksons Research. A third, slightly more specific indicator is estimated offshore project capital expenditure, or CAPEX. While this metric does not capture demand arising from, for example, offshore exploration campaigns, it can be a key proxy for demand resulting from offshore engineering procurement and
Smit International NV announced that net earnings for 2005 have risen by nearly 40% to EUR 38.3 million. Despite facing a heavier tax burden of 30% (up from 24% in 2004), the divisions Harbor Towage, Terminals and Transport & Heavy Lift achieved better results in comparison to 2004. The Salvage division performed well above the so called historical average. SMIT has served the maritime sector for more than 160 years. SMIT’s services are organised into four Divisions:
AVEVA Group plc (LSE:AVV), providers of engineering design and information management solutions for the plant, power and marine industries, announced that Jurong Shipyard, a subsidiary of Sembcorp Marine has selected AVEVA Marine (12 Series) as their engineering and design solution for major marine and offshore projects. Jurong Shipyard has a long standing relationship with AVEVA. AVEVA Marine (12 Series), is the most modern offering of AVEVA’s marine solutions and has the ability
Offshore Marine Management Limited (OMM) will sell the assets of its recently-rebranded personnel supply business, Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited (Atlas). The acquisition will see the transfer of assets including contracts and staff. Atlas Services Group Energy has been operating in the energy and marine industry for more than 30 years. The company has established an excellent reputation and holds important home market
Taking part in a round-table discussion in St. Petersburg on the efficient and safe development of the Arctic, Rosneft's President and Chairman Igor Sechin, informed that the Arctic contains 20% of the world’s oil reserves, and that his company will invest around $400bln in its Arctic offshore program over 20 years. Rosneft explains that the roundtable involves researchers and business community representatives and is led by Russian President Vladimir Putin
ELA Container Offshore GmbH said it has delivered two offshore living quarters to Belgium based G-Tec Offshore s.a. The containers were placed on board of the multipurpose drilling vessel MV Omalius off the coast of France. The solution on deck turned out to be very successful as the units
Expectations at the start of the year that 2016 would be a tough one for the oil industry, and in particular for offshore, were on the whole fulfilled, says Clarksons Research report. Overall upstream E&P spending globally fell for the second successive year
CWind, a provider of services to the offshore wind industry, has announced that it has invested in the company’s largest crew transfer vessel to date. Newly named as CWind Phantom, the 27.4m catamaran can hold 20,000 litres of fuel and has a 20 ton cargo capacity
The Japanese shipping company Mitsui O.S.K. Lines, Ltd (MOL) will restructure its organization effective April 1, says a press statement from the company. MOL is establishing the Product Transport Business Unit, under which much of the carrier and port divisions will reside
Over forty-five leading companies in the shipping and offshore maritime sector are among those who have contributed to the funding for the first ever exhibition in the Netherlands dedicated to the offshore sector, to be housed at The Maritime Museum Rotterdam for the next seven years
ClassNK, Japan’s an international certification and classification society, will host a round table discussion about floating wind technologies on the sidelines of Wind Energy Hamburg (WEH) on September 26. “ClassNK is one of the leading classification societies
The International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Genova, announced global underwriting premiums for 2015 of USD 29.9bn. This is a 10.5% reduction on the 2014 figure.
Last month, a large cruise ship completed its inaugural cruise through the Northwest Passage. The historic journey brought nearly 1,700 passengers from Seward, Alaska, past the rugged wilderness and isolated villages of the Arctic, to the concrete jungle of New York City
At this year’s Offshore Energy exhibition, global deck machinery specialist ACE Winches announced a new 500te Linear Winch to its range of specialized deck equipment. The company will showcase its range of products and services supplied to European clients operating within marine
Astican & Astander: pair of privately owned Spanish yards continue to invest in facilities and equipment Astander and Astican are the two busiest privately owned shipyards in Spain carrying out heavy repairs and special conversion projects with a boutique style attitude towards
Singapore's Sembcorp Marine Ltd swung to a loss in the third quarter and the rig builder's revenue was hurt by customers deferring rig deliveries amid a protracted downturn in the oil and natural gas market. The company posted a net loss of S$21.8 million ($15
DNV GL, the world’s largest resource of independent energy experts and certification body, has awarded Vattenfall with a final statement of compliance for its offshore accommodation platform. This is the first offshore platform in the North Sea to host up to 50 operation
Eying a subsea sector rebound, Lloyd’s Register (LR) aims to bring its expertise to underwater operations in offshore oil and gas as well as wind farm power generation and submarine cable markets. The provider of integrity, compliance and specialist risk consulting services has
Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling. The company's shares reversed course and were down 2.3 percent at $16
Bas Coppes has joined the senior management team at Global Diving & Salvage, Inc., aiming to guide the global growth of the marine services company. Coppes will be based out of Global’s Houston office and will focus on salvage and wreck removal operations worldwide.