Business & Finance
Belgium: EXMAR Confirms Sale of Two LPG Carriers
EXMAR confirms the sale of the LPG/C CHACONIA (28,070 m³ – built 1990) and the LPG/C ELVERSELE (37,511 m³ – built 1996). The vessels will be delivered to their new owners in April and July 2012, respectively. The total net sale price amounts to USD 48,9 million. EXMAR will realise a capital gain of
Norway: Farstad Sells Two Anchor Handlers
Farstad Shipping ASA has, through its wholly owned subsidiaries P/R International Offshore Services ANS and Farstad Shipping Pte. Ltd, reached an agreement to sell the AHTS Lady Gerda (1987, Hart Fenton, 8.700 BHP) and the AHTS Lady Cynthia (1987, Hart Fenton, 9.500 BHP). Delivery of the vessels to
South Korea: DSME Secures Order for Two LNG Carriers
Daewoo Shipbuilding & Marine Engineering of South Korea secured a contract for two 160,000 cbm LNG carriers from Angelicoussis Group of Greece, the company said in a statement. Two newbuildings are slated for delivery by mid 2015 and will be operated by Angelicoussis’ unit Maran Gas Maritime. The or
Aker Solutions’ Drilling Equipment for CIMC Raffles’ Jack-up Rig (China)
Norway’s Aker Solutions has won a contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard. The contract value is undisclosed. The new rig is of the 2000E jack-up design, and the contract includes o
Norway: Farstad Shipping Sells Two AHTS Vessels
Farstad Shipping ASA has, through its wholly owned subsidiaries P/R International Offshore Services ANS and Farstad Shipping Pte. Ltd, reached an agreement to sell the AHTS Lady Gerda (1987, Hart Fenton, 8.700 BHP) and the AHTS Lady Cynthia (1987, Hart Fenton, 9.500 BHP). Delivery of the vessels to
Denmark: Sinovel Wind Group and Mita-Teknik Announce Large-Scale Cooperation
Sinovel and Mita-Teknik has entered into an agreement under which Sinovel purchases PLCs and software from Mita-Teknik, and the two companies will work together to develop customized control systems to serve their clients worldwide with the best products and solutions. In a close cooperation between
Norway: Kongsberg Evotec to Provide E-LARS for Forland’s New Vessel
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Reomte Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under contruction at Havyard Leirvik, Nor
Norway: AF Group to Buy 5D Group
AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrume
Norway: Scana Wins Propulsion Equipment Contract from STX OSV
Scana Industrier ASA has through its subsidiary Scana Propulsion AS signed new contracts with STX OSV Trading and Man Diesel AS, for delivery of propulsion equipment. The total value of the new contracts is approx 30 mln NOK (approx USD 5.2 mln). The contract with STX OSV AS is for delivery of gear-
UK: BMT ARGOSS Increases Exposure with PC REMBRANDT V5
BMT ARGOSS, a subsidiary of BMT Group Ltd, has today announced that pilot organisations around the world including Peel Ports Medway in the UK and Kiel Canal Pilots in Germany, are investing in the latest version of its marine manoeuvring simulator, PC REMBRANDT V5, to further enhance port navigatio
Norway: AF Group Signs LoI to Acquire Shares in 5D Group
AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrume
Forland Shipping Selects Kongsberg Evotec’s E-LARS for New Subsea Vessel
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Remote Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under contruction at Havyard Leirvik, Nor
Kongsberg Evotec to Equip Forland’s Vessel with E-LARS
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Remote Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under contruction at Havyard Leirvik, Nor
Energy Minister Pushes for Scotland to Become Offshore Wind Hub
In an interview for Bloomberg, Scotland’s Energy Minister Fergus Ewing announced intention of reducing corporate tax levied by the UK with an aim of bringing more investors in the oil and gas industry and laying foundations for fast-tracked development of offshore wind power. “The budget was difficu