The Switch set to boost marine growth
The Switch is targeting growth of 200% within the marine segment in the next five years, building on the momentum of a flurry of recent orders, its acquisition of Wartsila Drives, and the financial muscle of its parent company, the EUR 3.3 billion turnover Yaskawa Electric Corporation. The Finnish headquartered business, a specialist in the development and supply of advanced drive train solutions, believes its permanent magnet (PM) and frequency converter technology can have the same transformational effect on marine as it has had in wind.
MTS Assists Damen in Maersk Connector Sea Trials
Leading marine service provider, Marine and Towage Services Group Ltd. (MTS) has supported shipbuilder Damen during sea trials of its latest offshore cabling vessel, Maersk Connector. During the two-week testing period, MTS Vigilant, a Damen Shoalbuster, undertook essential anchor handling work to test the capabilities of the new vessel’s advanced mooring systems ahead of her handover to end client Maersk Supply Service and charterer DeepOcean. Current and anticipated growth in…
IMCA Report Covers Mini RadaScan System for DP Ops
Reliable and robust methods of positioning are required for safe vessel operations at offshore installations. The development of dynamic positioning (DP) systems has been gradual over the past 50 years and today, various manufacturers’ systems are available around the world. IMCA has published a report, IMCA M 229 ‘Mini RadaScan microwave radar sensor for dynamic positioning operations’ to provide an overview of the Mini RadaScan system. “Every measurement technology is bound by limitations (i.e. physics) and external factors (e.g.
MacGregor's Pusnes bow loading systems for Suezmax Tankers
MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first quarter 2015 order intake. South Korean shipyard Sungdong Shipbuilding & Marine Engineering Co Ltd will install a Pusnes bow loading system on a 157,000 dwt Suezmax DP2 shuttle tanker under construction for tanker specialist Tsakos Energy and Navigation Ltd. The Greek headquartered company specified Pusnes loading systems for two earlier shuttle tankers…
Advanced Drillships a Burden for Owners as Business Slows
Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Now, with oil prices down by half since June, many have become a burden on their owners as drilling activity slows. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10 billion worth of state-of-the-art vessels that have been idled at sea, analysts say.
Keppel Singmarine Win S$65 mi Contracts
Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million. The first contract was awarded by Seaways International Pte. Ltd. (Seaways) to build a multi-task Anchor Handling Tug (AHT) vessel suitable for an array of offshore activities. Designed by Robert Allan and belonging to the Rampage Series, the AHT vessel will have a designed bollard pull of 100 tonnes…
Sovcomflot & Sakhalin Energy to Provide 3 Icebreakers for Sakhalin-2
SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. The contract covers a 20 year term, during which the vessels will provide safe and reliable services for Sakhalin Energy’s platforms in the Sea of Okhotsk. The vessels will also assist with accommodation of the offshore facilities personnel.
Sovcomflot Extends Cooperation with Sakhalin Energy
Companies sign agreements for long-term operation of three vessels for the Sakhalin-2 project. SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd. have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. The contract covers a 20 year term, during which the vessels will provide safe and reliable services for Sakhalin Energy’s platforms in the Sea of Okhotsk. The vessels will also assist with accommodation of the offshore facilities personnel.
