Fincantieri Set to Acquire Remazel Engineering
Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment.The transaction enables Fincantieri…
Crowley LNG Bunker Barge to Sport TGE Marine Gas Controls, Tanks
TGE Marine Gas Engineering GmbH (TGE Marine) inked a deal for a 12,000 cu. m. Liquefied Natural Gas (LNG) bunkering barge with Fincantieri Bay Shipbuilding for the design and supply of the cargo handling system including two 6,000 cu. m. bilobe Type C tanks designed to transport LNG at -163°C.The barge will be built…
Inside the Red-Hot Offshore Wind Energy Market
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States…
MacGregor Inks Deal to Supply LNG Bunker Barge Hose Handling Cranes
MacGregor received an order from Fincantieri Bay Shipbuilding to supply two fixed boom cranes that will handle the hoses on a new 5,400 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction and estimated to be delivered by the end of 2021.The MacGregor Rapp HP63-13F cranes will…
Eni-led Group to Build Wave Power Stations
Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The agreement, which follows the understanding signed last 19 April, will launch the first phase of a joint project to convert the Inertial Sea Wave Energy Converter (ISWEC) pilot project…
Wartsila Wins US LNG Bunker Vessel Deal
The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA.The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin on behalf of NorthStar Midstream. It will be operated by the company’s marine…
Eni, CDP, Fincantieri, Terna in Wave Power Pact
Italian oil group Eni is joining forces with compatriot shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The Chief Executive Officers of the companies have signed a non-binding agreement today at the Eni headquarters in the EUR district…
Macron, Gentiloni Discussing STX, Libya, Migration
Italian Prime Minister Paolo Gentiloni received a "friendly" phone call on Thursday from French President Emmanuel Macron to discuss the STX France shipyard, Libya and immigration, Gentiloni's office said. Relations between the two EU allies has been strained this month by a number of issues, including France's…
Cairn Appoints Giadrossi as Non-Executive Director
Cairn has appointed Nicoletta Giadrossi as an independent non-executive director with effect from 10 January 2017. Nicoletta will also become a member of the Company’s remuneration committee. Nicoletta Giadrossi holds a BA in Mathematics & Economics from Yale University and an MBA from Harvard Business School. She…
Ocean Endeavor Repair Completed
Harris Pye Engineering Group completed repair works during the two-stage multi-million dollar Diamond Offshore demobilization project for its semi-sub rig Ocean Endeavor from the Black Sea, which completed its contract in January 2016. The initial phase of the repair work, which started in December 2015, while the rig was offshore Constanta…
Fincantieri Delivers "Itarus”
Trieste, 3 March 2016 – “Itarus”, the semisubmersible floating platform built by Fincantieri for the Russian RosRAO, the Federal State Unitary Enterprise for radioactive waste management, was delivered today at the shipyard in Muggiano (La Spezia). The unit’s construction contract was signed by the Italian Ministry of Economic Development…
RINA Group Widens Gas Sector Services
International classification, certification and engineering group RINA said it has widened its services to the global gas industry. While its traditional classification society arm RINA Services has recently approved a new Compressed Natural Gas carrier to aid the exploitation of marginal fields, the groups’ engineering arm…
Dubai's Topaz Buys Two Ships
Dubai's Topaz Energy and Marine, a unit of Muscat-listed Renaissance Services, has bought two ships from Norwegian boat yard Vard Brattvaag for about $115 million, the Omani parent firm said on Sunday. The two vessels will be delivered in the second half of 2017, a statement to Muscat's bourse said. The chief executive…
AEG to Power Seabourn’s Cruise Vessel
AEG Power Solutions, a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, informed that Fincantieri S.p.A. has selected its power systems solutions to secure all critical loads applications on board Seabourn Encore, an ultra-luxury cruise ship that Fincantieri will build for Seabourn, a brand of Carnival Corporation.
RINA: Energy, Marine Propel Growth
International testing, inspection, certification and consulting engineering group RINA reports it has grown strongly during 2014, propelled by an upturn in marine, acquisition in the energy sector and international diversification. Turnover for 2014 grew 13 percent to Euro 333 million. EBITDA (adjusted) grew to Euro 37.7 million.
Fincantieri & Technip JV for Offshore Market
Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S.p.A. and by Giuseppe Bono, CEO of Fincantieri. This agreement…
Arctic Energy Exploration Efforts Heat Up
Oil and gas—and also mining—are the drivers today propelling Arctic maritime operations and the construction of new vessels able to operate in extreme latitudes. While the gas and oil resources can be recovered in the Arctic or far north and shipped to markets by sea or pipeline, the cost of doing must be balanced upon the global market price for those commodities.
