Vard Holdings Limited (“VARD”) has secured a contract with BOURBON, for the design and construction of one arctic Anchor Handling Tug Supply vessel (AHTS). The arctic AHTS vessel is designed by Vard Design, developed for world-wide anchor handling and remote operations, with a total length of 93.6 m
EXMAR NV and Pacific Rubiales Energy Corp., through its fully own affiliate Pacific Midstream Holding Corp, ordered a barge-based floating LNG regasification unit under a 50/50 joint venture. The Unit will be constructed by Wison Offshore & Marine (Wison) at its shipyard in Nantong, China. Delivery
Thrustmaster of Texas, Inc., a thruster manufacturer, expanded their product lineup to include waterjets after acquiring the technology of DOEN Pacific on Wednesday. DOEN, a designer and manufacturer of waterjet propulsion systems for the past 48 years, is one of five marine waterjet manufactures in
The 2014 started with a new acquisition for the Palumbo Group. On Monday, February 3rd the Commercial Court of Marseille declared Palumbo Group the winner of the Tender for the Acquisition of International Technic Marine (ITM) in Marseille. There were two players at the final stages of the Tender, t
MAN Diesel & Turbo’s recent market introduction of its new generation of waste heat recovery (WHR) systems is already notching up important milestones. Concurrent with the successful commissioning of the TCS-PTG22 units in Panama, a further TCS-PTG20 has successfully passed its factory acceptance te
KfW IPEX-Bank has committed to finance the third Quantum-class cruise ship commissioned by Royal Caribbean Cruises Ltd. (RCCL) to be built at the Meyer Werft shipyard in Papenburg. The purchase price of the ship is similar to that of the first two Quantum vessels. The financing, to be paid out in US
Serdijn Ship Repair (SSR) and Zwagerman Offshore Services established a new company under the name Rotterdam Offshore Group BV (ROG). Both companies have a strong reputation for finding innovative solutions for complex jobs. Their ideas and activities are complementary, so a complete portfolio can b
Ardmore Shipping Corporation has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB (“SEB”). The proceeds from the new facility are expected to be used to finance up to 65% of the purchase price of
International classification society Bureau Veritas has entered into a technical and commercial co-operation agreement with French hydrodynamic specialist HydrOcean. Under the agreement, HydrOcean will provide advanced Computational Fluid Dynamics (CFD) services to BV’s shipping and offshore clients
IHC Merwede has secured orders worth € 350 million (approx. USD 473.2 million) for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be
MacGregor, part of Cargotec, has won an order worth around EUR 23 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede. The cranes will be installed on three pipe-laying ships destined for the UK-headquartered global offshore specialist, Subsea 7. Delivery of the c
Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with Odense Maritime Technology A/S (OMT) of Denmark, a provider of ship design services, on collaboration in ship engineering business. By combining the two companies’ abundant track records in shipbuilding business, MHI and OMT are
Homeland Integrated Offshore Services Limited (HIOSL) has taken delivery of a Damen FCS 3307 Patrol, to be deployed offshore Nigeria, in the next few weeks. Established in 2006, HIOSL serves the Nigerian oil and gas industry with a wide range of maritime, security and logistics services. The Lagos h
Last week a number of trials were conducted with the new Search and Rescue vessel for the KNRM (Royal Netherlands Sea Rescue Institution): the NH 1816. The NH 1816 (classified in the Damen vessel range as SAR 1906) has been developed in close collaboration with the KNRM, Delft University of Technolo
