Maritime Propulsion Power the maritime industry

Contracts

DFDS Cancels P+S Werften Shipbuilding Contracts

Short sea RoPax ferry operators DFDS cancel contracts for two RoRo freight ships from Gernan shipyard in liquidation. DFDS say that the contracts worth DKK 1.0-billion are cancelled on account of the shipyard’s breach of…

Contracts

Semi-submersible Rig 'Erik Raude' Contracted

Ocean Rig UDW Inc. has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up…

Contracts

Semi-submersible Accommodation Rig Order for COSCO

COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore. The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian…

Contracts

Ultra-deepwater Drillship Contract for HHI

Rowan Companies exercises option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. The cost for this rig, including commissioning, project management and spares…

Contracts

Malaysia's Nam Cheong Wins AWB Orders

Shipbuilder Nam Cheong Group wins order from Perdana Petroleum Berhad to build two Accommodation Work Barges (AWB). The contracts are worth worth a total of US$59- million and came from Perdana Petroleum Berhad…

Technology

Sea Motion Compensation Platform for GeoSea

GeoSea NV & Barge Master BV sign cooperation agreement to test and deploy the first S700/C400 Barge Master platform. Vessels equipped with a Barge Master platform are able to perform safer, quicker and under more adverse…

Contracts

Dual-fuel PSV Chartered Before It's On the Stocks

Siem Offshore Rederi contracts with TOTAL for the long-term charter of its newbuild PSV from delivery in 2014. The contract with TOTAL E&P NORGE AS is for a new dual fuelled large platform supply vessel (PSV). The new…

Contracts

China Shipyard Wins Four Bulkship Orders

Jiangsu New Yangzijiang Shipbuilding has been contracted to build four 82,000 dwt bulk carrier orders for Hong Kong owner Everbright Metal. Each ship will have a length of 229 m (751 ft) breadth of 32.26 m (106 ft) and…