Fugro acquires Riise Underwater Engineering AS in Norway

Fugro has reached agreement with Riise Underwater Engineering AS to acquire the company. The acquisition is expected to take effect from the end of this year on completion of some outstanding formalities. Riise Underwater Engineering AS (RUE), with its headquarters in Haugesund, Norway, is a provider of subsea engineering, ROV (Remotely Operated Vehicle) and diving…

Stena Line Buys Two Routes on Irish Sea

Stena Line has signed an agreement with DFDS to acquire its Liverpool (Birkenhead) to Belfast and Heysham to Belfast routes. The acquisition, which amounts to 47,5 MEUR, will enable Stena Line to improve its service on the Irish Sea by offering several different alternatives for transportation between Great Britain and Northern Ireland. In recent years,…

Keppel seals US$360 mil contract with Mermaid’s Asia

eppel FELS Limited (“Keppel FELS”) is pleased to announce that it has signed a contract to build two proprietary KFELS B Class jackup rigs worth US$360 million with Asia Offshore Drilling Limited (“AOD”), a 49% owned affiliate of Mermaid Maritime Public Company Limited (“Mermaid”).

Aker Solutions Establishes Factory in South Korea

Aker Solutions has set up a new manufacturing facility in South Korea for the production of Pusnes deck machinery™. Aker Solutions has among several major contracts signed a contract for the delivery of Pusnes deck machinery™ for the prestigious “Pieter Schelte”-project, the world’s largest platform installation, decommissioning and pipe-lay vessel. The total order intake of…

Second Ship with an Air-Lubricated Hull Delivered

On November 29, NYK-Hinode Line Ltd. took delivery of a new module carrier* that was built at the Koyagi Plant of Mitsubishi Heavy Industries’ Nagasaki Shipyard & Machinery Works. The vessel, named Yamato, has been equipped with an innovative air-lubrication system that uses bubbles to reduce frictional resistance. Yamato is the second vessel to Yamatai,…

Worldwide Supply and Demand for Seafarers

IMCO and the International Shipping Federation (ISF) have published the results of their latest comprehensive study of the worldwide supply and demand for seafarers, presenting their conclusions, on 30 November, to governments attending the IMO Maritime Safety Committee in London.