RSS Swordsman was launched today with pomp and circumstance. The submarine is the second in the Northern Light project under which two Västergötland class submarines, previously owned by the Swedish Navy, have been rebuilt, life-extended and modernised.
Seadrill Limited (“Seadrill” or the “Company”) announces today that it intends to issue up to US$650 million in principal amount of convertible bonds with a seven-year tenor. This amount includes an increase option of up to US$100 million that has been granted to the joint bookrunners of the offering.
The first G-type engine, designated G80ME-C1, has a design that follows the principles of the large-bore Mk-9 engine series that MAN Diesel & Turbo introduced in 2006. The G-type is designed with a longer stroke to reduce engine speed, thereby paving the way for ship designs with unprecedented high-efficiency.
Today Wärtsilä released its interim report. By the end of the third quarter, 1,150 vessels have been ordered which is notably more than for the full year 2009. Contracting activity continued to be good in the bulk carrier segment, supported mainly by Chinese ship owners.
Flowserve Corp. (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced the signing of a 10-year licensing agreement with Zvezdochka Ship Repair Center in Russia to provide the proprietary know-how for the purchasing and production of thrusters for ship propulsion systems.
Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) of Korea, one of the world’s largest and most innovative shipyards, has ordered four common-rail 12V48/60CR Tier-II propulsion engines from MAN Diesel & Turbo SE. The prime movers will power a new RoPax ferry for Tunisian ship owner COTUNAV (Compagnie Tunisienne de Navigation).
Teekay Corporation (Teekay or the Company) (NYSE: TK) today announced that it has signed a new fixed-rate contract with Petroleo Brasileiro SA (Petrobras) to provide a floating production storage and offloading (FPSO) unit for the Tiro and Sidon fields located in the Santos Basin offshore Brazil.
Nigel becomes part of Wilhelmsen Ships Service’s Oceania team and will be responsible for managing the day to day aspects of the company’s services which include the provision of Unitor marine safety products, technical services, ships agency services and maritime logistics. He will also be developing and growing the organisation’s businesses in the region which…
Now Fleet Managers Can See Locations of Their Oceangoing Vessels Around the Globe with Important Weather and Voyage Information to Improve Safety, Reduce Fuel Consumption and Curb CO2 Emissions.
Turbine Transfers Ltd, one of the leading providers of support vessels to the offshore windfarm industry, based in Holyhead, has chosen BMT Nigel Gee Ltd as the designers of its new series of multi-purpose Wind Farm Support Vessels. BMT Nigel Gee Ltd is a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy.
On behalf of MTC, Berik Uandykov, Chairman of the Transport and Railways Committee, recognized the importance of the international marine and offshore experience that ABS brings to the region.
ATLAPA’s presence in the Asian market has proven successful since the German manufacturer first decided to get established in China in 1988. In 2008, the total turnover of HATLAPA Asia Pacific Pte Ltd reached USD 3.8 million, and it has been increasing since. The company now employs over 30 staff, and its recent developments show that there is further room for expansion.