The Dutch owner of a fleet of offshore jack-up service vessels Seafox has made a non-binding proposal to take over the UAE-based jack-up specialist GMS. Both companies provide offshore service support jack-up units for hook-up and commissioning in the oil & gas and offshore wind industries.
Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today (Friday, February 7, 2020).Upon delivery the vessel will head straight into operation, spending a couple of weeks in the spot market, before commencing a series of contracts – in the Barents Sea and the Gulf of Mexico – securing work for the vessel potentially throughout October this year.
On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast Wind Farm Overview – Status of the Industry.• Jobs and Supply Chain Technical Working Group.• Wind Farm Port Development.
The common perception of intact stability has remained largely unchanged over the last few decades, where a vessel’s stability is evaluated using classical and static means: limits on righting arms, residual areas, and determining maximal VCG (or minimal GM) composite curves. These methods are familiar to most naval architects and are taught at a fundamental level in most naval architecture
Handling of steel boxes throughout the shipping, ports and logistics supply chain has historically grown exponentially, putting strains on a range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships. A recent webinar organized by the Thomas Miller managed insurance mutuals
Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to restructure its debt that will help it weather the coronavirus crisis.London-listed GMS provides support vessels for offshore oil and gas and other energy installations.
Bayonne Drydock & Repair in Bayonne, NJ, reported brisk business in 2019, with the BDDRC floating drydock and graving dock in use approximately 98 percent of the time, according to Bob Magas, General Manager Commercial Operations, BDDRC. Driving business was a variety of topside repair projects with existing clients, as well as three “successfully completed MSC vessel drydockings
The St. Louis Regional Freightway has compiled a summary of the major developments over the past year that either elevated the St. Louis region’s global status as a world-class freight hub or will help to advance the region’s position as the country’s freight nexus in the year ahead.
Lasse Stokkeland has decided to leave his position as general manager of Havyard Ship Technology AS (HST), and the Board has appointed Erlend Hatleberg as the new general manager.Hatleberg, 43, grew up in Leirvik in Sogn and now lives in Dale in Sunnfjord.He graduated as an engineer in 2003, and has worked amongothers in Fundo. He started working in HST's technical department in 2009.
Technology group Wärtsilä said it has been contracted to upgrade four vessels owned by Kuwait Oil Tanker Company (KOTC), a subsidiary of Kuwait Petroleum Company (KPC), by retrofitting the Wärtsilä Fuel Efficiency Boost solution to the ships’ main engines. The modification will reduce fuel consumption, and correspondingly lessen the environmental impact by lowering greenhouse gas emission levels.
Boatbuilder Willard Marine announced Eugene Hanscom has been appointed general manager.The industry veteran came to Willard in May of 2020 as the director of finance. Prior to that he spent the last six years with Curtin Maritime, a Long Beach-based maritime construction services company, as vice president of finance.
Power solutions provider Fairbanks Morse said it has named James "Jay" McFadyen as Vice President and General Manager of Aftermarket.McFadyen has more than 30 years of experience in the marine, defense and aerospace industries with leading global companies including Rolls-Royce, GE, and most recently as Vice President for Leonardo DRS-Naval Power Systems.