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Procurement Contract

Teekay Signs E-Procurement Contract With SeaSupplier

SeaSupplier Ltd., the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has signed a multi year e-procurement contract with Bahamas-based Teekay Shipping to connect Teekay procurement systems with its suppliers. Under the agreement, SeaSupplier's SeaConnect(TM) solution will provide Teekay with a common e-procurement platform, which is geared to improve and standardize contract usage, rationalize product databases, and automate connectivity to suppliers worldwide. SeaSupplier's open technology platform and adaptable middleware software will enable Teekay's J.D. Edwards system to communicate efficiently with all suppliers, using multiple communication formats including EDI, EFACT, Flat files, XML and MTML.


Seabulk Signs Global E-Procurement Contract With SeaSupplier

SeaSupplier Ltd. (SeaSupplier), the marine e-procurement subsidiary of Stolt-Nielsen S.A. announced it has been chosen by Ft. Lauderdale, Fla., based Seabulk International to provide its total SeaManager e-procurement solution to Seabulk International's three global divisions: Seabulk Offshore, Seabulk Tankers, and Seabulk Towing . The SeaSupplier solution will consolidate the purchasing activity of Seabulk's three management centers into one common platform and standard and will


Ingalls Awarded USN Contract for 11th LPD 27

USN LPD 27 Class Ship: Photo credit HII

Ingalls to provide long-lead materials for US Navy LPD 27 The US Navy has awarded a million cost-plus-fixed-fee advance procurement modification contract to Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division to provide long-lead materials for the 11th San Antonio-class (LPD 17) amphibious transport dock, LPD 27. The advance procurement contract for LPD 27 is the fourth to be awarded to the company, with the first contract awarded in October 2010.


Ingalls Shipbuilding Wins $70m Navy Deal

Huntington Ingalls Industries (NYSE:HII) said its Ingalls Shipbuilding division has received a $70m cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long-lead materials for LPD 27, the 11th amphibious transport dock of the USS San Antonio (LPD 17) class. The funds awarded to Ingalls will be used to purchase long-lead-time materials and major equipment in support of the new ship


Ingalls Shipbuilding Gets Large Advance Procurement Finance

Ingalls Shipbuilding Awarded US$133.7-million advance procurement contract for Amphibious Transport Dock LPD 27 Huntington Ingalls Industries (NYSE:HII) announce that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials for LPD 27, the 11th amphibious transport dock of the San Antonio (LPD 17) class.


US Navy Awards $78M Submarine Procurement Contract

General Dynamics has been awarded the Virginia-class submarine procurement contract by the US Navy The U.S. Navy has awarded General Dynamics Electric Boat a $78 million contract to buy long lead-time material for the Virginia-class submarine SSN-792. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The contract provides funding for steam and electrical-plant components, the main propulsion unit and ship-service turbine generator set


Navy Awards Electric Boat $16.3M Contract

The U.S. Navy has awarded General Dynamics Electric Boat a $16.3 million contract for planning and material procurement in support of the USS Springfield (SSN-761) depot modernization period (DMP). Under the terms of the contract, Electric Boat will perform advance planning, design, documentation, engineering, procurement, fabrication and preliminary shipyard work in preparation for the DMP, which is scheduled from May 2004 to June 2005. A DMP comprises repairs, alterations,


$230M Offshore Contract Announced

Saibos CML, an equally-owned subsidiary of Bouygues Offshore and Saipem SpA, has been awarded a contract for the Kizomba A Development Project in Angola for an approximately total amount of $230 million (Bouygues Offshore's share: approximately $115 million). Esso Exploration Angola (Block 15) Limited (Esso), a subsidiary of Exxon Mobil Corporation, is the operator (40%). Other participants include BP Exploration (Angola) Limited (26.67%), Agip Exploration Angola B.V. (20 %) and Statoil (13


Dunlin win for Aker Solutions

Aker Solutions in has been awarded a three-year contract, plus options, to provide Fairfield Energy with engineering, procurement and construction services on the Dunlin Alpha platform in the northern .   The contract is valued at between GBP 20 and 30 Million annually and will create around 100 new jobs. The award to one of the businesses of the global engineering and construction group comes in the wake of 's purchase of the Dunlin field cluster from Shell in December 2007.


Norwegian Seminar to Focus on Financing, Procurement

The challenges of managing efficient procurement  processes and getting the right funding in the shipping and offshore sectors is the topic for a major half day conference in Singapore later this month. Coinciding with the Asia Pacific Maritime (APM) event on March 20, the Norwegian Procurement and Finance seminar is aimed at operators seeking to build vessels, capital goods or services within the shipping and offshore industries, or Norwegian exporters in these fields.


Philippines to Buy Naval Assets, China Sea Dispute Simmers

The Philippines aims to buy two frigates, two helicopters and three gunboats for deployment in the South China Sea where a territorial dispute with China has lent urgency to the need to bolster forces, a Philippine navy officer said on Wednesday.


Total Delays Bulgaria Exploration, Cites Oil Price

Drilling for oil and gas at an exploration block off Bulgaria's Black Sea coast will be delayed by at least six months until early 2016 following the fall in global oil prices, French oil firm Total said. Total, operator of the offshore 1-21 Han Asparuh block


Tallink, Meyer Turku Ink LOI for New LNG Fast Ferry

SHUTTLE_NEW web.jpg

The trend toward the procurement of high-spec, environmentally friendly vessels continues with news that AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent (LOI) for the construction of an environmentally friendly car-passenger ferry for Tallinn-Helsinki route shuttle operations


McDermott Installs Mooring Tower off Indonesia

McDermott Successfully Completes Transportation and Installation of Banyu Urip Single Point Mooring Tower, Offshore Indonesia

McDermott International, Inc. has successfully concluded the transportation and installation of a Yoke-type Single Point Mooring tower and hook up to a Floating Storage Offloading (“FSO”) vessel for PT Rekayasa Industri offshore Indonesia in the Banyu Urip field


Van Oord to Acquire Activities of Ballast Nedam Offshore

Svanen landscape

Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation)


SSI Highlights the Rise of the Sustainable Shipper

Charterers’ future procurement decisions will be driven by an increasing drive to improve sustainability within shipping supply chains. The Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry focused on uniting commercial


Technip PMC Wins ADMA-OPCO Contract

Courtesy Technip

Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project – Packages 1, 2 & 3.


NOx-reduction System Ordered for Deepwater Vessel

Rendering of the Petrofac JDS 6000 deepwater derrick-lay vessel (courtesy Petrofac)

Offshore segment orders Selective Catalytic Reduction; NOx-reduction system to accompany earlier order for MAN four-stroke engines aboard deepwater vessel MAN Diesel & Turbo won the contract to provide a Selective Catalytic Reduction (SCR) system for each of six MAN 16V32/44CR engines that


Technip Bags Sasol’s Furnace Contract

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Technip was awarded by Sasol a contract to provide engineering and procurement for eight proprietary Ultra Selective Conversion (USC®) furnaces (1) for a world-scale ethane cracker and derivatives complex to be located in Lake Charles, Louisiana, USA


Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half (1H) of the current fiscal year (FY) 2014 (ending March 31, 2015). Reasons Behind the Extraordinary Loss


EU to Invest in Port of Dublin Development

The EU's TEN-T Program  will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection to the main rail and road axis linking Ireland to the UK and continental Europe.


EnQuest Selects Technip for Mega Subsea Contract

Courtesy  Technip

  Technip was awarded by EnQuest earlier this year a large(1) engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea,  400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland


iXBlue Gyrocompass Chosen for the French Navy

B2M CMJN.jpg

PIRIOU selects iXBlue’s QUADRANS as reference gyrocompass for the French Navy B2M multi-mission ship program as iXBlue QUADRANS sales tops 400 units since launch. For each vessel, iXBlue will supply the complete navigation suite, including QUADRANS gyrocompass


Software Upgrade for Ahrenkiel Steamship Fleet

Ahrenkiel’s entire fleet will be equipped with DNV GL’s ShipManager software

Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels. The implementation of ShipManager on the entire fleet of 60 vessels, including containerships and bulk carriers, is scheduled to start this year


Foster Wheeler & MDM Engineering Merged

Courtesy : Foster Wheeler

   Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12, 2014.






 
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