Mermaid Maritime canceled a contract for the Mermaid Ausana, a DP2 dive support and construction vessel, with China Merchants Industry Holdings that the company ordered on 9 January 2014. Image of the Mermaid Endurer…
Cargotec is looking to save more than US$27 million per year with a cost saving program that will result in the loss of 260 full time employees at MacGregor. According to preliminary estimates, efficiency improvement actions seek the…
Space exploration and energy technology needs were shared at an event in near Oxford this week to see where cross over technologies in both industries could be identified. The event was run by Merchant Marketing Group and The Satellite Applications Catapult…
Offshore handling systems firm Caley Ocean Systems is supplying Singapore based, diving and subsea equipment company Flash Tekk Engineering with saturation dive bell handling systems for its client Ultra Deep Solutions’ vessels Deep Installer and Van Gogh dive support construction vessels (DSCV)…
Mermaid Maritime’s Western Hemisphere business unit (MSSW) has been awarded seven different subsea projects in the Middle East with an estimated value of US$11 million. In addition, Mermaid has also secured extensions for three newbuild deliveries…
Aqualis Offshore and China Ship Design & Research Center Co. (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC specializes in shipbuilding and offshore engineering services.…
The Switch, a provider of megawatt-class permanent magnet (PM) machines for advanced marine drive trains, has been selected to deliver its PM shaft generator for an LNG carrier with a 45,000cu m cargo capacity. This order is part of a complete…
Power and automation firm ABB is to provide software for three newbuild deepwater subsea construction vessels being built by new company Ultra Deep Solutions. Ultra Deep Solutions was set up in 2014, by industry veteran Sheldon Hutton…
ABS, a provider of classification services to the global marine and offshore industry, has signed a strategic cooperation agreement with Marine Design and Research Institute of China (MARIC) to expand collaboration, focusing on operational…
OSD-IMT, the UK division of Netherlands-based Offshore Ship Designers (OSD), is designing two 120m IMT9120 riserless light well intervention / IMR vessels for Austin Offshore, the shipping arm of Upstream Drilling, Singapore. The…
The COSLGift, an independent leg cantilever jackup rig, has been delivered, and is enroute to Southeast Asia, China Oilfield Services Ltd. (COSL) announced. COSL acquired the COSLGift and its sister rig COSLHunter (pictured) in August 2013…
Viking Offshore & Marine will partner with Chan Kwan Bian (Chan) to construct a $180MM drilling jackup rig, marking Viking’s entrance into the rig building and rig charter market. Executive Director Daniel Lin said that with this agreement…
China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co…
The imperative for a holistic United States maritime strategy has never been greater. The National Strategy for the Marine Transportation System was published in July 2008, by the previous administration. The White House, the Congress, and…
Marin Teknikk AS has entered into a contract with China Merchants Heavy Industry (Shenzhen) Co. Ltd., for the design & engineering delivery of a large diving & construction vessel (DCSV) to Kreuz Subsea Marine Pte Ltd. in Singapore. The vessel will be a MT6024 DSCV design with an 18-man…
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