Monthly Offshore Report

Size: px
Start display at page:

Download "Monthly Offshore Report"

Transcription

1 22 nd July 2016 Monthly Offshore Report July 2016 Subsea Pemex has awarded McDermott with an EPCI contract for the Abkatun-A2 Platform worth USD 454 Million. The contractor will utilise Derrick Barge 50 and the Intermac 650 float-over installation vessel for the project. Offshore activities are planned for 2018 with completion scheduled for 4Q of Siem Offshore Contractors have been awarded work for delivery and installation of cable system on Beatrice offshore Windfarm by SHL Offshore Contractors. The windfarm, located north-east of the coast of Scotland, will consist of 84 turbines of 7MW. Work is scheduled to start in 2017 with completion 3Q Siem will utilise the Siem Moxie and Siem Aimery. Ocean Installer has completed its first Ultra-Deep water (>2500m) mooring job in the Gulf of Mexico. The mooring recovery and re-installation work was conducted by construction vessel Normand Clipper. Normand Clipper Pic. Courtesy of Solstad Offshore The MT6022 design SS Nujomi has been delivered to Debmarine Namibia by Kleven Verft Ulsteinvik tons of additional equipment is due to be installed onboard the vessel in Cape Town, preparing the vessel for deep water mineral exploration offshore Namibia. Bibby offshore has secured further short term work for the Bibby Topaz. The project is due to start in August 2016 and includes air and saturation diving support work. Location is North Sea and client is BP. Bibby Topaz Pic. Courtesy of Bibby Offshore GC Rieber has secured a timecharter agreement with Technip Angola for Subsea construction vessel Polar Onyx. The contract is due to start promptly and will have a duration of up to two months. The Norwegian Owner has also secured work for the Polar Queen, the vessel will be working in the renewables sector for Senvion GmbH. The commencement on Nordsee One Windfarm is spring 2017 and the contract has a firm period of 7 months plus options. Saipem pipe laying vessel Catsorone is being upgraded at Keppel Offshore & Marines yard in Singapore. The work which includes pipelay system upgrades is scheduled to be completed in 3Q The pipelay vessel will be used on the EUR 1.5 Billion contract awarded to Saipem recently for the Zohr Gas field located off the Egyptian coast in the Mediterranean Sea. The project awarded by Petrobel is an EPCI contract and consists of installation of export and service trunklines as well as deep water field development. The work is due to commence this month and to be completed by end Pipelay barge C6, C10 and other specialised vessels will also be utilised for this project. Page 01

2 ONGC has awarded a contract for geotechnical site investigation to Fugro. The project on the East coast of India will commence by the end of 3Q 2016 and will see the Fugro Voyager performing work in water depths ranging from m. The 1996 built Siem Carrier has been sold to an undisclosed buyer. The modified PSV has worked on various projects, including cable lay during the years. According to the press release the vessel will no longer trade in the OSV segment. departed Stavanger on 19 th July ready for the world s first North Sea platform safari. The North Sea oil-cruise on the 130m long vessel with space for 600, left for a 3 day s journey to Molde with 62 cruise passengers onboard - all ready to explore the Norwegian coast. The route will take them up close to installations on Edvard Grieg, Johan Sverdrup, Oseberg, Troll and Gjoa field. Nord Stream 2 AG has awarded the contract for concrete weight coating and storing of more than 200,000 pipes to Wasco Coatings Europe. Although it is still subject to final negotiations, the work is planned to start in September 2016 with the coating process due to start beginning Tenders for the pipelay activity has been submitted and contractors are awaiting further clarifications for the approx. 2,400km pipeline. Havila Shipping has come to an agreement with DeepOcean for amendments in the charter of subsea construction vessel Havila Phoenix. The revised agreement includes reduction in the vessel daily rate against an extension of period. Seamec has secured a charter with HAL Offshore for the multipurpose diving support vessel Seamec II. The period is for 3 years and the contract value is in the region of USD 28 million. The vessel will be working for end client ONGC. Rana has been awarded a contract for IMR work on 17 platforms offshore Congo. The Ravenna based company will be utilising DSV Toisa Paladin for the project starting in early August with an expected duration of 6 months. Toisa Paladin Pic. Courtesy of Sealion Page 02

3 Seismic TGS kicked off a 2D multi-client campaign offshore North West Australia. The Northwest Shelf Renaissance 2D survey consists of approximately 8,000 km and is carried out in cooperation with BGP who will deploy the BGP Explorer. Norwegian offshore technology company in April has signed a LOI to supply a Venator nodal system to Geo Energy Group (GEG) of Kazakhstan. The agreement is potentially worth USD million and will start with a test project this autumn in the Caspian, while GEG will tender the system for upcoming OBS contracts. Project Cargo The consortium of Technip JGC Corporation and Chiyoda will see the previously reported BigRoll Bering begin a long term contract with Yamgaz. The Bering will join the BigRoll Barentz in transporting modules from China to the Yamal LNG project in Sabetta Russia. Two more MC Class vessels will be delivered to Big Roll - the BigRoll Baffin and BigRoll Beaufort. Searcher Seismic announced the commencement of its Buscador Near-Shore project offshore Mexico. The 11,200 km 2D survey is undertaken by the BGP Pioneer. BigLift have announced the commencement of their newbuild vessel mv Happy Sun. Measuring at 156 m long with a 29 m width deck and a deadweight of 18,374 mtns, the leading 2 x 900 mtn craned heavy lift MPP will join its sister vessels Happy Sky and Happy Star following its anticipated delivery in Q BGP Pioneer The CGG Amadeus has commenced the acquisition of 882 km2 of 3D data in the Gulf of Thailand. The programme is carried out on behalf of Kris Energy and is expected to last 41 days. PGS and WesternGeco have been awarded contracts for seismic data acquisition in the UK. Between 10,000 and 15,000 km of data is expected to be collected between July and Q PGS will deploy the Nordic Explorer on the East Shetland Platform, while WesternGeco's WG Magellan is scheduled to work on the South West Britain area. Page 03

4 Leading MPP operator Intermarine recently transported 4 x oversized coke drums, weighing in at over 300mtns each with dimensions of 34.4 m x 8 m x 8.2 m each. The Heavy Lift vessel Ocean Freedom with its 2 x 400 mtn cranes was chosen to ship the large units, in part due to its capability to utilise her cranes in a single or tandem lift. The Drums were successfully discharged onto barges in New Orleans following their lengthy journey from origination in Dijon Spain. Recycling Gibson Shipbrokers have a specialist 'Vessel Recycling' (demolition) desk, with an impressive track record, covering all different Vessel types, to different recycling yards around the world. We have been actively recycling old tonnage for many years and have access to all the major cash buyers who purchase scrap tonnage, as well as the recycling yards. Many Owners are now focused on 'Green Recycling' and this is something Gibson has much knowledge and experience in. We can guide you further on this if required. Page 04

5 This report has been produced for general information and is not a replacement for specific advice. While the market information is believed to be re is by its nature subject to limited audits and validations. No responsibility can be accepted for any errors or any consequences arising therefrom. No may be reproduced or circulated without our prior written approval. E.A. Gibson Shipbrokers Ltd Offshore Direct M obile London Simon Guthrie Alex Kershaw Jannicke Ostensen Max Parmentier Singapore Svein Oiestad Secretary Emma Yates London Audrey House Ely Place London EC1N 6SN T +44 (0) F +44 (0) E offshore@eagibson.co.uk Hong Kong Room 1404, 14/f, Allied Kajima Building No. 138 Gloucester Road Wan Chai, Hong Kong T (852) F (852) Singapore 8 Eu Tong Sen Street The Central Singapore T (65) F (65) Houston 770 South Post Oak Lane Suite 610, Houston TX77056 United States Page 05

Subsea. May N-Sea has secured work with Galloper Offshore Wind Farm, the contract is for preconstruction

Subsea. May N-Sea has secured work with Galloper Offshore Wind Farm, the contract is for preconstruction 16 th Monthly Offshore Report Subsea Subsea 7 has been awarded a contract for engineering and installation by Apache North Sea. The work is part of the Callater field development and the contract value

More information

IMSF May, Panama Canal May 2016

IMSF May, Panama Canal May 2016 IMSF May, 2016 Panama Canal May 2016 Global Presence 180 staff in strategic locations LONDON HOUSTON HONG KONG SINGAPORE IMSF Panama Canal May 2016 2 Completion Date : 26 th June 2016? (Originally scheduled

More information

ARCTIC PASSION 2018 Torkild Skjong - VARD Conceptual Design Department VARD`s ENTRY INTO EXPEDITION CRUISE DESIGN

ARCTIC PASSION 2018 Torkild Skjong - VARD Conceptual Design Department VARD`s ENTRY INTO EXPEDITION CRUISE DESIGN ARCTIC PASSION 2018 Torkild Skjong - VARD Conceptual Design Department VARD`s ENTRY INTO EXPEDITION CRUISE DESIGN About VARD VARD is one of the major global designers and shipbuilders of offshore and specialized

More information

For personal use only

For personal use only 1 >$1.3 billion in revenues. >5500 employees globally. Shipyards in US, Australia and Philippines. Only Australian company in world s top 100 Defence Contractors. Prime contractor for 2 major US Navy shipbuilding

More information

After a long-awaited anticipation, we are pleased to offer you the following information to supply LB

After a long-awaited anticipation, we are pleased to offer you the following information to supply LB ATTN. Lionel Ferreira Caspian Sea: Liftboat Support Subject: Estimates After a long-awaited anticipation, we are pleased to offer you the following information to supply LB Petite for your project. In

More information

Jack-Up Barge THE CLIMBING DUTCHMAN THE INDEPENDENT MAGAZINE FOR PROFESSIONALS IN THE ONSHORE AND OFFSHORE OIL AND GAS INDUSTRY volume 2 ISSUE 4

Jack-Up Barge THE CLIMBING DUTCHMAN THE INDEPENDENT MAGAZINE FOR PROFESSIONALS IN THE ONSHORE AND OFFSHORE OIL AND GAS INDUSTRY volume 2 ISSUE 4 THE INDEPENDENT MAGAZINE FOR PROFESSIONALS IN THE ONSHORE AND OFFSHORE OIL AND GAS INDUSTRY 2009 volume 2 ISSUE 4 Jack-Up Barge THE CLIMBING DUTCHMAN Jack-Up Barge B.V. Krausstraat 14-16 NL-3364 AD Sliedrecht

More information

ASL Marine Holdings Ltd.

ASL Marine Holdings Ltd. ASL Marine Holdings Ltd. SHIPBUILDING SHIPREPAIR SHIPCHARTERING Pulse of Asia 2008 - Presentation 8 th July 2008 1 Presentation Outline Company Profile 9M FY2008 Financial Review Business Review - Shipbuilding

More information

M I C O P E R I PIPELAYING. Client Project Description Location Completed Services

M I C O P E R I PIPELAYING. Client Project Description Location Completed Services PIPELAYING Client Project Description Location Completed Services ENI CONGO S.A. Nené Phase 2A - Offshore Installation Campaign for Platforms and Multiphase Export / Intrafield Sealines Offshore Congo

More information

Morgan Stanley 2011 Emerging Companies Conference 9 June 2011

Morgan Stanley 2011 Emerging Companies Conference 9 June 2011 Morgan Stanley 2011 Emerging Companies Conference 9 June 2011 Company Overview Mermaid Marine Australia Limited (MMA) is Australia s largest integrated marine services provider to the offshore oil and

More information

THE STYLE OF OUR COMPANY IS BASED ON SAFETY, RELIABILITY AND QUALITY

THE STYLE OF OUR COMPANY IS BASED ON SAFETY, RELIABILITY AND QUALITY THE STYLE OF OUR COMPANY IS BASED ON SAFETY, RELIABILITY AND QUALITY BASIC INFORMATION is a group of companies, the development of which begun in 1999. The corporation provides integrated project management

More information

PAXOCEAN GROUP. Corporate Presentation. 30 September 2017

PAXOCEAN GROUP. Corporate Presentation. 30 September 2017 PAXOCEAN GROUP Corporate Presentation 30 September 2017 Kuok Group Worldwide Group History & Milestone PaxOcean Engineering Zhuhai was formed by Kuok (Singapore) Limited and Guangdong Yuexin Ocean Engineering

More information

AIRCRAFT CHARTERS FOR THE OIL AND GAS INDUSTRY

AIRCRAFT CHARTERS FOR THE OIL AND GAS INDUSTRY AIRCRAFT CHARTERS FOR THE OIL AND GAS INDUSTRY Contents Company overview Our oil and gas experience Unique service and expertise Commercial aircraft Falkland Islands: case study Cargo aircraft Tanzania:

More information

MONTHLY MARKET OVERVIEW

MONTHLY MARKET OVERVIEW MONTHLY MARKET OVERVIEW August SUMMARY OF CONTENT Value analysis Total second hand S&P activity Newbuilding activity Demolition activity Charter rate analysis info@ BULKER VALUES THROUGH AUGUST BULKERS

More information

The World s Largest Buyer of Ships and Offshore Assets

The World s Largest Buyer of Ships and Offshore Assets The World s Largest Buyer of Ships and Offshore Assets 9 th Annual Marine Money London Ship Finance Forum, 24 January 218 Evan F. Sproviero, Head of Projects, GMS 1 A. Recycling Prices and Residual Values

More information

OFFSHORE MONTHLY MARKET OVERVIEW

OFFSHORE MONTHLY MARKET OVERVIEW OFFSHORE MONTHLY MARKET OVERVIEW 1 st 3 th November 17 SUMMARY OF CONTENT Value analysis Total second hand S&P activity Newbuilding activity Demolition activity +44 () 3 6 vesselsvalue.com OFFSHORE VALUES

More information

Ships designed by Wartsila, a powerful proposition. Wilco van der Linden Sales director Wärtsilä Ship Design

Ships designed by Wartsila, a powerful proposition. Wilco van der Linden Sales director Wärtsilä Ship Design Ships designed by Wartsila, a powerful proposition Wilco van der Linden Sales director Wärtsilä Ship Design This is Wärtsilä SHIP POWER POWER PLANTS SERVICES Our mission and vision Mission We provide lifecycle

More information

ABC Group Presentation

ABC Group Presentation ABC Group Presentation Introduction Since 1982, ABC Maritime, a Swiss based family owned group of companies, offers complete solutions to the world s maritime communities of ship owners, trading houses,

More information

18th November 2013 GMS Ship Recycling Conference - Tokyo 1

18th November 2013 GMS Ship Recycling Conference - Tokyo 1 18th November 2013 GMS Ship Recycling Conference - Tokyo 1 Agenda 1. Industry Facts 2. Ship recycling Boom and Corrections 3. Ship Recycling: Source of Recovery? 4. Changing Role of Cash Buyer 5. Closing

More information

Marine Consultants & Specialist Brokers. We are exclusively authorized to offer : WORK BARGE MAJOR

Marine Consultants & Specialist Brokers. We are exclusively authorized to offer : WORK BARGE MAJOR Marine Consultants & Specialist Brokers We are exclusively authorized to offer : WORK BARGE MAJOR D E T A I L E D S P E C I F I C A T I O N page Main data sheet 3 and 4 Crawler crane load-chart 5 Various

More information

Which current trends are your best friends?

Which current trends are your best friends? Monday 9 October Which current trends are your best friends? Rear Admiral M. Khaled Iqbal Chairman Chittagong Port Authority Co-located with: Powered by: Created and produced by: Ocean the great connector

More information

Weekly Dry Bulk Report

Weekly Dry Bulk Report 44 ly Dry Bulk Report 22 May 3th 214 HIGHLIGHTS Capesize: Firming rates throughout the week in both basins Panamax: Another week of firming rates in all sectors CAPESIZE During an active Monday, both the

More information

WÄRTSILÄ CORPORATION

WÄRTSILÄ CORPORATION WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-JUNE 214 18 JULY 214 Björn Rosengren, President & CEO Wärtsilä Highlights Q2/214 NEW PIC Order intake EUR 1,163 million, +9% Net sales EUR 1,132 million, -2%

More information

2Q 2008 INTERIM REPORT Unaudited

2Q 2008 INTERIM REPORT Unaudited 2Q 2008 INTERIM REPORT Unaudited HIGH UTILISATION AND STRONG CASH FLOW IN 2Q 2008 Ocean HeavyLift ASA (OHL) continues to deliver strong results in the second quarter of 2008. TC equivalent revenues came

More information

Weekly Dry Bulk Report

Weekly Dry Bulk Report 49 -Shipbrokers and consultants since 1919- ly Dry Bulk Report 22 May 3th 214 15 95 85 75 65 55 45 35 HIGHLIGHTS Capesize: BCI down 31% w-o-w Panamax: Slightly firming BPI L&S INDEX OF DRY BULK STOCKS*

More information

OCEAN FACILITIES EXCHANGE GROUP update on. a bottom-up approach of research fleet. co-ordination & harmonisation

OCEAN FACILITIES EXCHANGE GROUP update on. a bottom-up approach of research fleet. co-ordination & harmonisation OCEAN FACILITIES EXCHANGE GROUP update on a bottom-up approach of research fleet co-ordination & harmonisation Marieke J. Rietveld, NIOZ, The Netherlands Report to ERVO 2008 OFEG Main objective: exchange

More information

The 3 platforms are called Tchatamba-A (MOPU), Tchatamba South and the Tchatamba West and the FSO is called MADIELA and is owned by MODEC.

The 3 platforms are called Tchatamba-A (MOPU), Tchatamba South and the Tchatamba West and the FSO is called MADIELA and is owned by MODEC. MADIELA DISCONNECTION & REMOVAL MARATHON PETROLEUM (GABON) Text / photo s : Piet Sinke Marathon Oil of Houston operates offshore Gabon 3 platforms and 1 FSO at the Tachamba Field about 120 nm SSW of Port

More information

WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER October 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC

WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER October 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 217 25 October 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 25 October 217 Q3 Result presentation 217 Highlights Q3/217 Order intake EUR 1,354

More information

CNC Freight Services Sdn. Bhd.

CNC Freight Services Sdn. Bhd. CNC Freight Services Sdn. Bhd. Competent & Committed FOURTH EDITION NEWSLETTER SEPTEMBER DECEMBER 2010 Another year has quickly passed and at the same time we are completing the shipments for several of

More information

DOF ASA 1Q Presentation

DOF ASA 1Q Presentation DOF ASA 1Q Presentation CEO Mons Aase CFO Hilde Drønen Agenda Highlights Overview 1Q Financial DOF ASA 1 Q Presentation - 2 Highlights 1Q Skandi Mongstad and Geograph delivered from yard Long term contracts

More information

Golden Ocean Group Limited Q results March 1, 2007

Golden Ocean Group Limited Q results March 1, 2007 Golden Ocean Group Limited Q4 2006 results March 1, 2007 PROFIT & LOSS 2005 2006 (in thousands of $) 2006 2005 Oct-Dec Oct-Dec Jan - Dec Jan - Dec Operating Revenues 37 292 91 253 Time charter revenues

More information

MONTHLY MARKET OVERVIEW

MONTHLY MARKET OVERVIEW MONTHLY MARKET OVERVIEW 1 st 28 th February 219 SUMMARY OF CONTENT Value analysis Total second hand S&P activity Newbuilding activity Demolition activity Charter rate analysis +44 () 23 26 5555 vesselsvalue.com

More information

Contents CONCRETE SUBSTRUCTURES ONSHORE FACILITIES STEEL JACKET SUBSTRUCTURES STRUCTURES

Contents CONCRETE SUBSTRUCTURES ONSHORE FACILITIES STEEL JACKET SUBSTRUCTURES STRUCTURES Contents 4 Topsides 6 Concrete substructures 9 Steel jacket substructures 11 Floating structures 12 Onshore facilities 14 Track record second to none 16 An effective execution model for global deliveries

More information

Vessels for Charter and/or Purchase 17 November 2017 update Text in red shows updates from the previous newsletter

Vessels for Charter and/or Purchase 17 November 2017 update Text in red shows updates from the previous newsletter Vessels for Charter and/or Purchase 17 November 2017 update Text in red shows updates from the previous newsletter LATEST NEWS 4 x Jackup Rigs 65.25m x 62.00m x 8.00m Open for Sale JUR/2479 Dims: 65.25m

More information

What Price an Ice Patrol Ship? Brian Tanner Independent Consultant

What Price an Ice Patrol Ship? Brian Tanner Independent Consultant What Price an Ice Patrol Ship? Brian Tanner Independent Consultant Agenda 1. Queen Elizabeth Class Global Combat Ship Workload Gap 2. Ice Patrol Ship History 3. 1990 Endurance Replacement 4. 2010-11 BAE

More information

WÄRTSILÄ CORPORATION RESULT PRESENTATION January 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC

WÄRTSILÄ CORPORATION RESULT PRESENTATION January 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC WÄRTSILÄ CORPORATION RESULT PRESENTATION 216 27 January 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 27 January 217 Result presentation 216 Highlights 216 Order intake stable at EUR 4,927 million

More information

Vagelis Chatzigiannis, GMS. 3rd February, 2016 International Seminar: Towards Sustainable Ship Recycling 1

Vagelis Chatzigiannis, GMS. 3rd February, 2016 International Seminar: Towards Sustainable Ship Recycling 1 Vagelis Chatzigiannis, GMS 3rd February, 2016 International Seminar: Towards Sustainable Ship Recycling 1 1.1. Issues affecting the implementation of actual Responsible Ship Recycling Practices a) Deep

More information

Overview of Industrial Holding BLRT Grupp

Overview of Industrial Holding BLRT Grupp Overview of Industrial Holding BLRT Grupp On June 12, 1912 was decided to establish Russo-Baltic Shipbuilding Yard in Tallinn. Year 1916 manufacturing area of Russo-Baltic Shipbuilding Yard in Tallinn,

More information

Globus Maritime Limited Trading Update and Financial Highlights for the Three Months and Nine Months Ended September 30, 2007.

Globus Maritime Limited Trading Update and Financial Highlights for the Three Months and Nine Months Ended September 30, 2007. Globus Maritime Limited Trading Update and Financial Highlights for the Three Months and Nine Months Ended September 30, 2007. Athens, Greece, November 15, 2007. Globus Maritime Limited (AIM: GLBS), a

More information

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS Week Ending: 1 st November 2013 (Week 44, Report No: 44/13) (Given in good faith but without guarantee)

More information

SWIBER AND RAWABI LAUNCHES 500MT DERRICK PIPE-LAY BARGE AZIZ

SWIBER AND RAWABI LAUNCHES 500MT DERRICK PIPE-LAY BARGE AZIZ FOR IMMEDIATE RELEASE Contact Information: Citigate Dewe Rogerson, i.mage Pte Ltd Dolores Phua / Cedric Tay 9750 8237 / 9781 3518 SWIBER AND RAWABI LAUNCHES 500MT DERRICK PIPE-LAY BARGE AZIZ - First vessel

More information

COSCO CORPORATION. (SINGAPORE) LTD FY2003 Full Year Results. Presentation

COSCO CORPORATION. (SINGAPORE) LTD FY2003 Full Year Results. Presentation COSCO CORPORATION (SINGAPORE) LTD FY2003 Full Year Results Presentation 11 February 2004 1 Outline of Presentation 1. Background & Corporate Restructuring Exercise 2. Operations Review 3. Financial Review

More information

VLCC Maths Weekly Tanker Market Report

VLCC Maths Weekly Tanker Market Report Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Latest Week 38 21 st September 2018 VLCC Maths Weekly Tanker Market Report

More information

HATCH OPENINGS AND ALLOWABLE LOADS HATCH OPENINGS

HATCH OPENINGS AND ALLOWABLE LOADS HATCH OPENINGS KEY IN HEAVY LIFT JIB LENGTH 34 m 01 INTRODUCTION 02 HAPPY SKY 03 HAPPY STAR HAPPY SKY Happy Sky has excellent lifting and handling capabilities and is a well-tuned heavy lift vessel offering efficient

More information

IUMI 2005 Amsterdam Facts & Figures Committee

IUMI 2005 Amsterdam Facts & Figures Committee Report on Marine Insurance Premium 23 and 24 IUMI 25 Amsterdam Facts & Figures Committee Tore Forsmo, Managing Director Astrid Seltmann, Analyst The Central Union of Marine Underwriters, Oslo, Norway Thanks

More information

The role of the Cash Buyer

The role of the Cash Buyer The role of the Cash Buyer 18th November 2013 GMS Tokyo Conference on Ship Recycling 1 Agenda 1. Cash Buyers and their expertise in the ship recycling industry 2. The Changing Role of a Cash Buyer 3. Meeting

More information

2012 RESULT PRESENTATION

2012 RESULT PRESENTATION 212 RESULT PRESENTATION BJÖRN ROSENGREN, PRESIDENT & CEO 25 JANUARY 213 Wärtsilä Net sales back to growth with stable profitability 212 development Order intake EUR 4,94 million, +9% Net sales EUR 4,725

More information

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects Monday 26th November, 2018 Volume 735 Week 48 Sale & Purchase

More information

GLOBAL SHIP RECYCLING MARKET OVERVIEW & June 30, rd Asia Ship Recycling & SNP Summit, China

GLOBAL SHIP RECYCLING MARKET OVERVIEW & June 30, rd Asia Ship Recycling & SNP Summit, China GLOBAL SHIP RECYCLING MARKET OVERVIEW & OUTLOOK 2011 1 SHIP RECYCLING 1. Commercial influences on scrapping decision 2. The Global Ship Recycling Industry: Where it s done 3. Issues: Supply, Capacity and

More information

Panama Canal Stakeholder Working Group Meeting

Panama Canal Stakeholder Working Group Meeting Panama Canal Stakeholder Working Group Meeting POHA, Bayport Container Terminal, Houston, Texas August 27, 2012 TOTAL ECONOMIC IMPACT 9,749 Texas jobs are in some way related to the Port Of the 9,749

More information

Lecture 11. Container Ships

Lecture 11. Container Ships Lecture 11 Container Ships CONTAINER SHIPS LECTURE STRUCTURE Section 1 Section 2 Section 3 Section 4 Construction Stability Classification Ships Carrying Containers CONSTRUCTION SHIP YARDS CONSTRUCTION

More information

GULF MARITIME SHIPBROKERS & CONSULTANTS K U W A I T beyond shipbrokers

GULF MARITIME SHIPBROKERS & CONSULTANTS K U W A I T beyond shipbrokers GULF MARITIME SHIPBROKERS & CONSULTANTS K U W A I T beyond shipbrokers First Licensed Shipbroker in Kuwait 13 May 212 Dry Cargo Weekly Market Report Department Phone email General Info +965 2259 8822 general@gulf-maritime.com

More information

Oil and Gas Capabilities

Oil and Gas Capabilities ENERGY www.hie.co.uk Oil and Gas Capabilities Caithness and Sutherland Subsea fabrication, Caithness Caithness and Sutherland Oil and Gas Capabilities Caithness is situated on the north east edge of the

More information

WORLD LARGEST VISITS SINGAPORE

WORLD LARGEST VISITS SINGAPORE WORLD LARGEST VISITS SINGAPORE As could be seen in Friday s newsletter, after departing November 17th from the builders in Okpo, last Wednesday afternoon saw the arrival of the world s largest vessel afloat

More information

Orkun OZEK. Board Treasurer

Orkun OZEK. Board Treasurer Orkun OZEK 1 Board Treasurer HISTORY Founded on 07 July 1971 93 Members 2 MISSION STATEMENT Promoting and protecting the interests of members and improving the quality and standards of Turkish shipbuilding

More information

48m Offshore Multipurpose Vessel. Certificates freshly renewed) Listing ID: General Description. 24 March Listing ID: {675618}

48m Offshore Multipurpose Vessel. Certificates freshly renewed) Listing ID: General Description. 24 March Listing ID: {675618} Australia - Chile - Indonesia - Great Britain - New Zealand - Panama - Philippines - South Korea - Thailand - USA E: sales@seaboats.net (sales) - E: admin@seaboats.net (accounts) 48m Offshore Multipurpose

More information

Yorkshire s Offshore, Renewable Energy and Operations and Maintenance Centre. 7 th October 2014

Yorkshire s Offshore, Renewable Energy and Operations and Maintenance Centre. 7 th October 2014 Yorkshire s Offshore, Renewable Energy and Operations and Maintenance Centre 7 th October 2014 Contents About Dalby Offshore Proposal summary New Industry Operations and Maintenance in the Renewables Industry

More information

WÄRTSILÄ CORPORATION RESULT PRESENTATION JANUARY Björn Rosengren, President & CEO. Wärtsilä

WÄRTSILÄ CORPORATION RESULT PRESENTATION JANUARY Björn Rosengren, President & CEO. Wärtsilä WÄRTSILÄ CORPORATION RESULT PRESENTATION 2014 29 JANUARY 2015 Björn Rosengren, President & CEO Wärtsilä Highlights 2014 good performance in challenging markets Order intake EUR 5,084 million, +5% Net sales

More information

New vessels this season include LE LYRIAL, which was built only last year for Compagnie du Ponant. The vessel will call at Durban and Cape Town.

New vessels this season include LE LYRIAL, which was built only last year for Compagnie du Ponant. The vessel will call at Durban and Cape Town. MEDIA RELEASE SA Ports Geared for 2016/17 Cruise Season [Durban, South Africa, 26 October 2016] South Africa s ports are ramping up for another busy cruise season with at least 14 luxury cruise lines and

More information

Weekly Dry Bulk Report

Weekly Dry Bulk Report Week 36 -Shipbrokers and consultants since 1919- Weekly Dry Bulk Report Week 22 May 3th 214 HIGHLIGHTS Capesize: Generally lower rates this week Supramax/Handymax: Continued improved market for both segments

More information

MONTHLY MARKET OVERVIEW

MONTHLY MARKET OVERVIEW MONTHLY MARKET OVERVIEW 1st 31st July 217 SUMMARY OF CONTENT Value analysis Second hand S&P activity Newbuilding activity Demolition activity Charter rate analysis info@ BULKER VALUES THROUGH JULY 217

More information

Republic of Turkey - Ministry of Economy,

Republic of Turkey - Ministry of Economy, Republic of Turkey - Ministry of Economy, 2012 0 SHIPBUILDING INDUSTRY Turkey is surrounded by sea on three sides, is a natural bridge between Asia and Europe. Turkey borders the Black Sea, the Mediterranean,

More information

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS Week Ending: 8 th November 2013 (Week 45, Report No: 4513) (Given in good faith but without guarantee)

More information

PERIODICAL NEWSLETTER

PERIODICAL NEWSLETTER 2009/1 PERIODICAL NEWSLETTER M.V. Marietje Andrea Artist Impression Barkmeijer Shipyards NAVIGATING THROUGH THE DOLDRUMS, PLANNING FOR BETTER TIMES NEW DESIGN 1800 Of all business sectors, the transport

More information

Dry Bulk Market Weekly Highlights Week 17 - Dry Cargo Market Highlights for the period of 21-April-2011 until 28-April-2011

Dry Bulk Market Weekly Highlights Week 17 - Dry Cargo Market Highlights for the period of 21-April-2011 until 28-April-2011 Dry Bulk Market ly Highlights 17 - Dry Cargo Market Highlights for the period of 21-April-211 until 28-April-211 17 28/4/211 Baltic Indices / Dry Bulk Spot Rates 16 21/4/211 ±% $/day $/day Point Diff 211

More information

Policy Research Corporation

Policy Research Corporation Policy Research Corporation SOUND SOLUTIONS BASED ON SCIENTIFIC RESEARCH The role of Maritime Clusters to enhance the strength and development of maritime sectors Country report Malta INTRODUCTION TO COUNTRY

More information

Weekly Dry Bulk Report

Weekly Dry Bulk Report 22 -Shipbrokers and consultants since 1919- ly Dry Bulk Report 22 May 3th 214 HIGHLIGHTS Capesize: A more active market throughout the week Panamax: Front haul market saw slightly more activity, not enough

More information

SOLD - 404mt dwt Cargo Vessel Listing ID:

SOLD - 404mt dwt Cargo Vessel Listing ID: Australia - Chile - Indonesia - Great Britain - New Zealand - Panama - Philippines - South Korea - Thailand - USA E: sales@seaboats.net (sales) - E: admin@seaboats.net (accounts) SOLD - 404mt dwt Cargo

More information

Davie s 717th ship is a DPIII Subsea Construction Vessel - launched in October 2013.

Davie s 717th ship is a DPIII Subsea Construction Vessel - launched in October 2013. HULL #717 Davie s 717th ship is a DPIII Subsea Construction Vessel - launched in October 2013. The vessel is the first of a three-ship series being built at Canada s No.1 shipbuilder for export to Norwegian

More information

Aker companies investor day, London Jan Arve Haugan, President & CEO Eiliv Gjesdal, CFO

Aker companies investor day, London Jan Arve Haugan, President & CEO Eiliv Gjesdal, CFO Aker companies investor day, London Jan Arve Haugan, President & CEO Eiliv Gjesdal, CFO This is Kvaerner CONCRETE SOLUTIONS JACKETS TOPSIDES ONSHORE Global leader in marine concrete structures European

More information

INTERIM REPORT JANUARY-JUNE 2013

INTERIM REPORT JANUARY-JUNE 2013 INTERIM REPORT JANUARY-JUNE 213 BJÖRN ROSENGREN, PRESIDENT & CEO 18 JULY 213 Wärtsilä Highlights Q2/213 NEW PIC Order intake EUR 1,71 million, -11% Net sales EUR 1,152 million, +5% Book-to-bill.93 EBITA

More information

WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH April 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC

WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH April 2017 Jaakko Eskola, President & CEO. Wärtsilä PUBLIC WÄRTSILÄ CORPORATION INTERIM REPORT JANUARY-MARCH 217 26 April 217 Jaakko Eskola, President & CEO 1 Wärtsilä PUBLIC 26 April 217 Q1 Result presentation Highlights Q1/217 Order intake EUR 1,413 million,

More information

CNC Freight Services Sdn. Bhd.

CNC Freight Services Sdn. Bhd. CNC Freight Services Sdn. Bhd. Competent & Committed SIXTH EDITION NEWSLETTER JANUARY DECEMBER 2011 Dear reader, It s already another new year. 2011 has been an interesting year for us and you will find

More information

HK GAAP RESULTS RELEASE 25 February 2008 STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007

HK GAAP RESULTS RELEASE 25 February 2008 STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007 HK GAAP RESULTS RELEASE 25 February 2008 FOR IMMEDIATE RELEASE INTERNATIONAL STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007 Key points for the quarter in comparison with 4Q

More information

2Q 2013 presentation Oslo, 11 July 2013

2Q 2013 presentation Oslo, 11 July 2013 Fred. Olsen Energy ASA 2Q 2013 presentation Oslo, 11 July 2013 1 AGENDA FINANCIAL RESULT 2Q 2013 MARKETS OPERATIONS SUMMARY 2 Income Statement Key Figures (NOK mill) 2Q 2013 1Q 2013 Operating revenues

More information

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings Monday 2th June, 211 Volume 362 Week 25 Sale & Purchase Activity Week 25 SECOND HAND SALES DRY TONNAGE Type

More information

1. To provide an update on the Tauranga Marine Precinct project for the period to 30* June 2016.

1. To provide an update on the Tauranga Marine Precinct project for the period to 30* June 2016. 33 Monltorlng Committee 18 Juty 2016 DC No: 190 Purpose 1. To provide an update on the Tauranga Marine Precinct project for the period to 30* June 2016. Executive Summary 2. Regional Infrastructure Fund

More information

TURKISH SHIPBUILDING/ RECYCLING INDUSTRIES AND NATIONAL POLICIES SUPPORTING GREENER SHIPPING

TURKISH SHIPBUILDING/ RECYCLING INDUSTRIES AND NATIONAL POLICIES SUPPORTING GREENER SHIPPING MINISTRY OF TRANSPORT MARITIME AFFAIRS AND COMMUNICATIONS TURKISH SHIPBUILDING/ RECYCLING INDUSTRIES AND NATIONAL POLICIES SUPPORTING GREENER SHIPPING OECD WP6 WORKSHOP ON GREEN GROWTH OF MARITIME INDUSTRIES

More information

HK GAAP RESULTS RELEASE 12 August 2008 STAR CRUISES GROUP ANNOUNCES FIRST HALF RESULTS FOR 2008

HK GAAP RESULTS RELEASE 12 August 2008 STAR CRUISES GROUP ANNOUNCES FIRST HALF RESULTS FOR 2008 HK GAAP RESULTS RELEASE 12 August 2008 FOR IMMEDIATE RELEASE INTERNATIONAL STAR CRUISES GROUP ANNOUNCES FIRST HALF RESULTS FOR 2008 The below commentary is prepared based on the comparison of the results

More information

WÄRTSILÄ TO ACQUIRE L-3 MARINE SYSTEMS INTERNATIONAL

WÄRTSILÄ TO ACQUIRE L-3 MARINE SYSTEMS INTERNATIONAL WÄRTSILÄ TO ACQUIRE L-3 MARINE SYSTEMS INTERNATIONAL PRESS CONFERENCE 16.12.2014 Jaakko Eskola 1 The most complete marine offering on earth 2 Wärtsilä Corporate presentation 2014 L-3 Marine Systems International

More information

Navalimpianti Spa was established; at first there were only a small office in Via Ruffini 10 in Genova and a tiny pipes workshop in San Quirico, but

Navalimpianti Spa was established; at first there were only a small office in Via Ruffini 10 in Genova and a tiny pipes workshop in San Quirico, but 1971 Navalimpianti Spa was established; at first there were only a small office in Via Ruffini 10 in Genova and a tiny pipes workshop in San Quirico, but only a couple of years later the new company moved

More information

Marine/Offshore Industry Conference. Bristow Group Inc. March 29, 2012

Marine/Offshore Industry Conference. Bristow Group Inc. March 29, 2012 Marine/Offshore Industry Conference Bristow Group Inc. March 29, 2012 Bristow is the leading provider of helicopter transportation services to the global offshore industry Bristow flies crews and light

More information

MOL Liner Ltd. Announces On-Time Arrival Performance Results for October 2016 to December 2016

MOL Liner Ltd. Announces On-Time Arrival Performance Results for October 2016 to December 2016 MOL Liner Ltd. Announces On-Time Arrival Performance Results for October to December February 7, 2017 Hong Kong MOL Liner Ltd. today announced the On-Time Arrival Performance quarterly results for October

More information

Weekly Dry Bulk Report

Weekly Dry Bulk Report Week 46 -Shipbrokers and consultants since 1919- Weekly Dry Bulk Report Week 22 May 30th 2014 Capesize: Market continues to fall Panamax: BPI-TCA falling 9 per cent from last Friday CAPESIZE The Capesize

More information

UK Port Infrastructure Project Pipeline Analysis Report

UK Port Infrastructure Project Pipeline Analysis Report UK Port Infrastructure Project Pipeline Analysis Report Prepared by Moffatt & Nichol, for the British Ports Association, March 2018 Following release of the Analysis of the National Infrastructure and

More information

I The shipping market contents ISL

I The shipping market contents ISL Comment - Charts and Tables concerning The Shipping Market World Merchant Fleet Tanker Market Bulk Carrier Market Tab. 1 Additions/Reductions by Ship Types 2014-2016 and up to June 2017... III Tab. 2 Size

More information

Wärtsilä 20 Dual Fuel (DF) Engine Presentation

Wärtsilä 20 Dual Fuel (DF) Engine Presentation Wärtsilä 20 Dual Fuel (DF) Engine Presentation List of contents 1. Wärtsilä 20DF engine main features and technical data 2. Wärtsilä dual-fuel engine portfolio and technology 3. Emission legislation 4.

More information

Nordic Energy Summit, Oslo Jan Arve Haugan, President & CEO

Nordic Energy Summit, Oslo Jan Arve Haugan, President & CEO Nordic Energy Summit, Oslo Jan Arve Haugan, President & CEO Kvaerner delivers amazing projects UPSTREAM DOWNSTREAM & INDUSTRIALS CONCRETE SOLUTIONS JACKETS CONTRACTORS NORWAY CONTRACTORS INTERNATIONAL

More information

LPG & Petrochemical Shipping: Current Status & Outlook. A better market, but for how long? Nicola Williams, Clarksons March 16th 2005

LPG & Petrochemical Shipping: Current Status & Outlook. A better market, but for how long? Nicola Williams, Clarksons March 16th 2005 LPG & Petrochemical Shipping: Current Status & Outlook A better market, but for how long? Nicola Williams, Clarksons March 16th 2005 The LPG Shipping Market today The LPG freight market started to move

More information

Presentasjon av Farstad Shipping ASA

Presentasjon av Farstad Shipping ASA Rederiforbundet 01.03.16 Presentasjon av Farstad Shipping ASA Karl-Johan Bakken - CEO Torstein L. Stavseng - CFO Farstad Shipping ASA Looking ahead from 2015 Dressing the Company for the Future Strategically

More information

NIOZ Royal Netherlands Institute for Sea Research Ocean Facilities Exchange Group OFEG RV Newbuilds and plans elsewhere

NIOZ Royal Netherlands Institute for Sea Research Ocean Facilities Exchange Group OFEG RV Newbuilds and plans elsewhere Update NIOZ Royal Netherlands Institute for Sea Research Ocean Facilities Exchange Group OFEG RV Newbuilds and plans elsewhere Marieke J. Rietveld, NIOZ, the Netherlands RVOC 2009 Ocean Class: RV PELAGIA

More information

Greg Steinepreis EXECUTIVE SUMMARY. Partner, Perth T

Greg Steinepreis EXECUTIVE SUMMARY. Partner, Perth T Greg Steinepreis Partner, Perth T +61 8 9429 7505 greg.steinepreis@squirepb.com Practice Focus Construction, engineering & infrastructure Services International and domestic dispute resolution Litigation

More information

Worldwide Shipyards Vard

Worldwide Shipyards Vard Worldwide Shipyards Vard Vard Aukra Vard Brattvaag Vard Brevik Vard Langsten Vard Søviknes Vard Braila Vard Tulcea Vard Vung Tau Vard Niterói Vard Promar 03.06.2014 Page 2 Vard Value Chain Contract Class

More information

Navigational area year round: Väinameri C class (servicing Virtsu Kuivastu and Rohuküla Heltermaa lines).

Navigational area year round: Väinameri C class (servicing Virtsu Kuivastu and Rohuküla Heltermaa lines). General clarifications regarding public procurement of passenger ferries TS Laevad OÜ, a subsidiary company of Port of Tallinn, is looking to purchase 4 (four) passenger ferries (ships) via public procurement.

More information

Eidesvik Offshore ASA Annual General Meeting

Eidesvik Offshore ASA Annual General Meeting Eidesvik Offshore ASA Annual General Meeting 23.05.2018 Supply 7 vessels Seismic 11 vessels Subsea 4 vessels Revenues MNOK 755 457 employees Operates 26 ships The offshore wind market Contract extension

More information

CURRICULUM VITAE TONY GRAINGER Marine Engineer

CURRICULUM VITAE TONY GRAINGER Marine Engineer Contact Details Address : 2 Herriot Way, Thirsk, North Yorkshire, YO7 1FL Home Telephone : +44 (0) 1845 524013 Mobile : +44 (0) 755 774 0222 E-mail : antonygrainger@hotmail.co.uk Nationality : British

More information

LIFTIng HEAVY CARgO FOR WORLDWIDE TRAnSPORT

LIFTIng HEAVY CARgO FOR WORLDWIDE TRAnSPORT LIFTIng HEAVY CARgO FOR WORLDWIDE TRAnSPORT 01 INTRODUCTION 02 happy star 03 happy sky InTRODUCTIOn BigLift Shipping is one of the world s leading heavy lift shipping companies, specialized in worldwide

More information

JULY 2016 SOLSTAD & REM OFFSHORE MERGE AS CONSOLIDATION BEGINS

JULY 2016 SOLSTAD & REM OFFSHORE MERGE AS CONSOLIDATION BEGINS JULY 2016 SOLSTAD & REM OFFSHORE MERGE AS CONSOLIDATION BEGINS CONTENTS 3 OSV MARKET ROUND-UP 6 OSV AVAILABILITY, RATES & UTILISATION - NORTH SEA 7 MONTHLY OSV SPOT RATES - NORTH SEA 8 FEATURE VESSEL 9

More information

GROUP ULJANIK PLOVIDBA CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE PERIOD JANUARY - DECEMBER 2014

GROUP ULJANIK PLOVIDBA CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE PERIOD JANUARY - DECEMBER 2014 GROUP ULJANIK PLOVIDBA CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE PERIOD JANUARY - DECEMBER 2014 Pula, April 2015 CONTENT: Consolidated audited Financial Statements of GROUP ULJANIK PLOVIDBA with

More information

SHIPBUILDING INDUSTRY

SHIPBUILDING INDUSTRY 0 SHIPBUILDING INDUSTRY Turkey is surrounded by sea on three sides, is a natural bridge between Asia and Europe. Turkey borders the Black Sea, the Mediterranean, the Aegean and the Sea of Marmara. The

More information

INTSOK 12 th Annual Russian-Norwegian Oil & Gas Conference

INTSOK 12 th Annual Russian-Norwegian Oil & Gas Conference INTSOK 12 th Annual Russian-Norwegian Oil & Gas Conference Kvaerner Concrete Solutions for Arctic Exploration Drilling, LNG and Oil & Gas Production Platforms By Erik Gulbrandsen Vice President Business

More information