Search results for: FTAI

555 results

A list of search results

  • 4 February 2020
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    UK-based offshore technology firm Osbit has won a contract by FTAI Ocean to design and build a well intervention tower system. The so-called ‘smart tower system’ is to be installed on FTAI’s vessel M/V Pride and facilitates integrated riserless and riser-based well intervention operations in water depths up to 1,500 metres. Osbit, managing director Brendon […]

  • 14 March 2017
    Business & Finance

    Offshore marine services provider FTAI Offshore, a subsidiary of Fortress Transportation and Infrastructure Investors (FTAI), has secured a short-term charter for one of its vessel for operations offshore Malaysia.  According to the vessel operator, the Canadian-built DP-3 offshore construction vessel, the Pride, will be used to support offshore operations in the South China Sea. The […]

  • 4 February 2020
    Business & Finance, Equipment

    UK-based offshore engineering company Osbit has been awarded a contract to design and construct a new well intervention tower system.

  • 14 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Marine vessels owner/operator FTAI Offshore, a subsidiary of Fortress Transportation and Infrastructure Investors LLC, said it has secured a short-term charter to support the installation of subsea infrastructure. According to the company, the vessel will be contracted to provide marine and subsea construction operations offshore Malaysia. Built in 2014 with an overall length of 130 […]

  • 15 September 2014
    Business & Finance

    Cecon ASA has reached an agreement to sell the Micoperi Pride, formerly Cecon Pride, to the single purpose vehicle (SPV) FTAI Pride Inc, a company controlled by Fortress Investment Group. Fortress is a highly diversified investment manager with more than $60 billion under management. Cecon will hold a minority shareholding in the buying company, and will […]

  • 15 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Cecon ASA (Cecon), through its subsidiary Rever Offshore AS (Rever) and the ship owning company Cecon Shipping 2 AS (CS 2), has reached an agreement to sell the Micoperi Pride, formerly Cecon Pride, to the single purpose vehicle (SPV) FTAI Pride Inc, a company controlled by Fortress Investment Group. Fortress is a highly diversified investment […]

  • 8 July 2020
    Equipment, Human Capital

    UK offshore technology supplier Osbit has welcomed two graduates and two further permanent staff members to its Northumberland-based team. The new employees have joined Osbit’s 110 strong workforce as the business celebrates ten years of operations. The company also confirming a third engineering graduate, who will commence employment later in the summer. Osbit’s two new […]

  • 12 October 2015
    Business & Finance

    The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP becomes active, especially as Hillary Clinton, the front-running U.S. presidential candidate […]

  • 12 October 2015
    Business & Finance

    The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP becomes active, especially as Hillary Clinton, the front-running U.S. presidential candidate […]

  • 22 December 2016
    Business & Finance

    Finnish Transport Agency Liikennevirasto (FTA), who is responsible for hydrography in Finland, has selected Teledyne CARIS to provide a new bathymetric data management system. This will be a part of FTA’s infrastructure to manage existing bathymetry, as well as managing and validating incoming bathymetric surveys provided by external contractors, FTA informed. The Merta project will […]

  • 3 June 2014
    Business & Finance

    The U.S. Department of Transportation (DOT) has announced the award and distribution of approximately $123.5 million for passenger ferry projects and ferry operators throughout the United States and selected territories. The funds will support existing ferry service on many of the nation’s waterways, establish new ferry service where it is needed most, and help to […]

  • 18 November 2014

    South Korea’s President Park Geun-hye and New Zealand’s Prime Minister John Key announced the completion of bilateral Free Trade Agreement (FTA) talks in Brisbane, Australia, on November 15, where both leaders were attending the G20 summit. After initialing the FTA, Korea and New Zealand intend to officially sign the deal early next year. It will […]

  • 23 September 2014
    Business & Finance, Project & Tenders

    U.S. Transportation Secretary Anthony Foxx has announced that 40 projects in the areas affected by Hurricane Sandy have been competitively selected to receive a share of $3.59 billion in federal disaster relief funds. Among the funds awarded, the Massachusetts Bay Transportation Authority (MBTA) will receive approximately $35 million to raise a retaining wall and install watertight […]

  • 30 July 2014

    SCT&E LNG, a subsidiary of Southern California Telephone & Energy, submitted an application seeking long-term, multi-contract authorization to the Department of Energy (DOE) for exportation up to 12 mtpa of domestically produced LNG, or an equivalent 1.62 billion cubic feet per day (bcf/d) of natural gas, to countries that do not have Free Trade Agreements […]

  • 22 April 2014

    The American Public Gas Association (APGA) recently filed a motion to intervene in an application filed by Sabine Pass Liquefaction to export approximately 314 Bcf/year of liquefied natural gas (LNG) to non-free trade agreement (FTA) countries from the Sabine Pass LNG Terminal in Cameron Parish, La. The total LNG export capacity applied for to date […]

  • 16 August 2019
    Business & Finance

    US FTA awards USD 32.8 million to selected ferry projects.

  • 12 May 2014
    Equipment, Project & Tenders, Vessels

    ABB, a global leader in power and automation technology, has secured a new order to supply electric power plant and Azipod propulsion units for one icebreaker vessel built for Finnish Transport Agency (FTA) at Arctech Helsinki Shipyard. The competitive bidding was done between several suppliers. Due for delivery in 2016 and set for operation in […]

  • 12 May 2014
    Business & Finance

    ABB, a global leader in power and automation technology, has secured a new order to supply electric power plant and Azipod propulsion units for one icebreaker built for Finnish Transport Agency (FTA) at Arctech Helsinki Shipyard. Due for delivery in 2016 and set for operation in the Baltic Sea, the new vessel is featuring dual […]

  • 24 September 2013

    In a sign of the growing importance of natural gas export policy to America’s manufacturing renaissance, a global manufacturer with a plant under construction in Louisiana has joined America’s Energy Advantage (AEA), the coalition of manufacturers and consumers pursuing a balanced approach to LNG exports to countries which have not negotiated FTAs with the US. […]

  • 28 October 2011
    Business & Finance, Operations & Maintenance

      After a period of 15 months, Heerema Marine Contractors (HMC) completed the Block 31 PSVM campaign offshore Angola. HMC’s Deepwater Construction Vessel Balder finished the offshore installation campaign with the safe and successful lay down of the last second end FTA of the last production line. With this major milestone HMC has demonstrated its […]

  • 1 September 2014
    Business & Finance

    Chinese container ship Tao Yan sank following a collision with another container ship Gang Tai Tai Zhou on August 25 some 10 nautical miles off Tianjin port, the Bohai Sea, China. Tao Yan’s side cargo holds under the waterline were breached by Gang Tai Tai Zhou’s bow,  allowing for water ingress and causing the vessel to list heavily and subsequently […]

  • 28 October 2011
    Business & Finance

    After a period of 15 months, Heerema Marine Contractors (HMC) completed the Block 31 PSVM campaign offshore Angola. HMC’s Deepwater Construction Vessel Balder finished the offshore installation campaign with the safe and successful lay down of the last second end FTA of the last production line. With this major milestone HMC has demonstrated its capability […]