News

Fairstar Heavy Transport N.V. (FAIR) has signed a Bridge Loan Facility Agreement with Bank of China. The facility provides financing of the third installment

IHC Merwede has announced that it has recently secured orders for advanced vessels and equipment in its core markets of dredging and offshore

Electricite de France (EDF) in partnership with GE has unveiled its plans to jointly develop its first 510MW gas fired power plant to be connected to a national grid in Bouchain, France.

France-based Alstom has signed a €400m contract with Iraq's Vice-Minister of Electricity to build a 728MW gas-fired power plant in the Diyala Governorate, north-east of Baghdad.

Power and automation technology group ABB will invest more than $400m to double the capacity of its manufacturing facility for high-voltage cables in Karlskrona, Sweden.

Leading German heavy lift operator BBC Chartering from Leer secured the contract to transport radio telescope antennas for the currently largest cosmic project on earth, the ALMA observatory.

Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of an advanced platform supply vessel. The vessel is to be delivered from Myklebust Yard in June 2012.

Keppel FELS Limited is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series® ultra-deepwater semisubmersible (semi) drilling rigs to Ensco safely, on time and within budget.

On 9 Dec, 2011 Morning, Afai Southern new-built ferry ASA028 -Xun Long 5 was launched successfully. The leaders from China Merchants Shekou Industrial Zone and Shenzhen Xunlong Shipping,

On May 13, 2011 ThyssenKrupp AG decided on an integrated strategic development program to move the Group forward competitively and sustainably.

SCOD Presents the World’s First Zero Carbon Superyacht Tender with a Top Speed of 80 knots ‘The Emax Super Marine 45’. The Emax Solar Hybrid Jet Propelled Tender is powered by twin CMD TDI V6’s coupled to GM Allison Hybrid Transmissions.

Shandong-based Huanghai Shipbuilding recently announced its newbuilding contract with Bohai Ferry for the construction of four mega international Ro-Ro.

Otto Marine Limited, offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services,

Rodenhuize power station is a 180MW biomass fuelled plant located in Ghent, Belgium. The plant was converted from a coal-fired unit called Rodenhuize 4 into a 100% biomass unit.

Cullerin Range wind farm is located 30km from Goulburn in southern New South Wales (NSW), Australia. The 30MW wind farm can generate electricity that is sufficient to power 15,000 homes.

Manzanillo International Terminal, a joint venture with the Seattle group CARRIX and Panamanian investors, is intending to increase capacity to 4M

Maersk Drilling has received a Letter of Award from Det norske oljeseskap ASA on behalf of the Draupne license for the ultra harsh environment jack-up rig, XL Enhanced 2, presently under construction in Singapore.

Statoil has awarded Buksér og Berging a contract for two escort tugboats to service the Kårstø processing plant on behalf of operator Gassco.

Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has entered into a time-charter contract with Standard Marine Tønsberg AS

Fairmount Marine’s powerful tug Fairmount Expedition has safely delivered a 18,000 ton topside for process, utilities and living quarters for the Castor project offshore Spain.