Costain Completes EPC Offshore Acquisition
Aberdeen-based specialist oil and gas project management services company EPC Offshore has been acquired by Costain, a U.K. Tier One engineering solutions providers.
Peruvian Navy to Build Tall Ship with GL Class
"La Unión" the new Peruvian Navy tall ship sail training vessel, will be constructed under the supervision of classification society Germanischer Lloyd (GL). Tall ships are used in navies around the world to build seamanship, leadership and foster teamwork under challenging conditions at sea. The keel laying for the new ship took place in December 2012 at Marine Industrial Services (SIMA), the Peruvian shipyard where the new vessel will be constructed.
Long Serving Charity Employees Reminisce
Two employees of one of the U.K.’s oldest maritime charities have been reminiscing after celebrating a collective 80 years of service at the Royal Alfred Seafarers’ Society. Margaret Brazier and Anne Kasey have dedicated 50 and 30 years respectively to the Banstead based seafarers’ care home, which provides nursing care and accommodation support to elderly, sick or disabled seafarers, their widows and dependants.
Largest Damen Stan Pontoon for McKeil-Malaspina
The largest pontoon ever stock-built by Damen was sold to the Canadian McKeil-Malaspina partnership and will be towed to Newfoundland on the east coast of Canada this summer where it will be used to support offshore construction operations. The Damen Stan Pontoon 12032 measures 120 x 32.2 meters, has a deadweight capacity of approximately 20,000 tons and a hold of 8.1 meters. The barge is equipped with a sophisticated ballast system, generating set and mooring winches.
FSL Trust Finalise Extension of Loan Agreements
FSL Trust Management Pte. Ltd. (FSLTM) refer to an earlier announcement in relation to relaxation of its loan covenants by a further sxi months. On 30 June 2013…
Rebuilt Ferry 'Medway Queen' Re-dedicated, Awaits Refit Tow
The 'Medway Queen Preservation Society' (MQPS) reports progress on the restoration of the historic UK River Medway passenger ferry. The re-dedication ceremony was held in the Albion Shipyard in Bristol, and now the tow to Gillingham in Kent (on the same River Medway) is eagerly awaited. The Society say that it is impossible to overstate the achievement of the Albion Dockyard in building this, the first fully rivetted steel hull in the UK for well over 50 years.
Floating Production Systems: US$11+ Billion on Order
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). 269 floating production units now in service or available – This figure is 22% greater than five years ago, almost 80% higher than ten years back. FPSOs account for 61% of the existing systems. The balance is comprised of production semis…
US Offshore Wind Energy: First-Ever Lease Sale
Historic auction leases nearly 165,000 acres offshore Rhode Island and Massachusetts for wind energy development, to advance President’s Climate Action Plan. The provisional winner of the’s lease sale, which auctioned two leases for a Wind Energy Area of 164,750 acres offshore Rhode Island and Massachusetts for wind energy development, is Deepwater Wind New England, LLC. When built, these areas could generate enough combined energy to power more than one million homes.
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