Offshore Floating Production: 40% Growth in Five Years

IMA has completed an in-depth analysis of the floating production sector – including a forecast of orders for additional floating production systems between 2013 and 2017. Highlighted below are some key findings in…

Technology

Wärtsilä to Supply Pumping Equipment for Statoil

Wärtsilä's series of pumping systems for Statoil. Wärtsilä's ability to supply a complete portfolio of solutions for the marine and offshore industry is again demonstrated with this latest order for a series of pumping…

Energy

Shipbuilding Capacity: Still Too High

In a market where shipbuilders are forced to accept new contracts below cost levels, a significant share of the building capacity has been withdrawn or removed. Jørn Bakkelund of RS Platou, ship brokers and investment…

Shipbuilding

Shanghai MHI Begin Diesel Engine Production

Shanghai MHI Engine Co., jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) & Shanghai Diesel Engine Co. (SDEC) now manufacturing. Shanghai MHI Engine was established this February based on a JV agreement…

Technology

Otto Marine Wins Two AHTS Construction Contracts

Singapore headquartered Otto Marine to build two Anchor Handling Tug Supply (AHTS) vessels for an Indonesian operator. The new shipbuilding contracts, with a total value of US$27.8 million are for constructing two…

Shipbuilding

'Shipping & Climate' Change: Upcoming IMarEST Lecture

‘Shipping and Climate Change: how Science can aid an industry that emits more CO2 than the UK’ is second in the ‘Sea Changes Lecture Series’. The series, organised by the Institute of Marine Engineering, Science and…

People & Company News

Shipbuilding Order Dispute to the Tune of US$300-million

FLEX LNG (HQ in Tortola) is in continuing dispute with Samsung Heavy Industries and briefs its shareholders as follows: "As previously announced, FLEX LNG considers the four shipbuilding contracts and the EPCIC that were…

Legal

China Shipyard Delivers One More Bulker

COSCO (Zhoushan) Shipyard Co., Ltd. has delivered a 57,000 dwt bulk carrier 'Ocean Master' to its European buyer. The new bulk carrier measures 189.99 meters in LOA and 32.26 meters in breadth. COSCO Corporation…

Shipbuilding

Tankship ERS Capability Guidelines Published

The Oil Companies International Marine Forum (OCIMF) clarifies & recommends minimum scope of statutory Emergency Response Services (ERS). According to current regulations oil tankers must have prompt access to…

Legal

Seaspan Ferries to Install AMP at Swartz Bay Terminal

Seaspan Ferries Corporation's installation of shore electrical power (also known as AMP) to receive Government of Canada funding . Shore power is a highly effective way to reduce marine diesel air emissions by enabling…

Technology

Cruise Ship Fire in German Shipbuilder's Building Dock

Information provided by Meyer Werft, the builders of the 'Norwegian Getaway' is as follows: A fire leading to significant smoke formation broke out on a ship newbuilding in the covered building dock II. At present the…

Shipbuilding

MTU Engines First Choice for Emirates Boatbuilder

MTU distributor Al Masaood and Arabian yacht builder Gulf Craft sign preferred partner agreement. Under the agreement, the Arabian shipyard Gulf Craft will soon offer MTU Series 2000 and 4000 engines in its Majesty…

Contracts

Agilis Marks Twenty Years in Gas Turbine Industry

Founded in 1993 Agilis has worked with nearly every major turbine engine manufacturer supporting development programs in a range of sectors. Founded in 1993 by current President & CEO Frank O’Neill, Agilis expanded in…

People & Company News