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Liftboats

Liftboat Milaha Explorer Deployed off West Africa

The Milaha Explorer crew following deployment off the coast of West Africa (Photo: Milaha)

Qatar-based maritime and logistics conglomerate Milaha said its liftboat Milaha Explorer has been deployed off the coast of West Africa as part of a long-term charter with a major international oil company.Milaha’s President and CEO, Abdulrahman Essa Al-Mannai, said, “Over the past few months, we have been significantly ramping up our operations,

New Rig Designed for Heavy Dockside Lifts

Modulift sent two rigs for on- and off-load in Korea and Thailand respectively. (Photo: Modulift)

Below-the-hook equipment manufacturer Modulift and Siemens Heat Transfer Technology B.V. combined forces to design a special rig for lifting modules that weighed nearly 200t apiece. Modulift sent two rigs for on- and off-load in Korea and Thailand respectively—a total of 16 no. 34t capacity MOD 34 beams in addition to slings,

Liebherr: Purely Electrical Portal Crane

LPS 420 E is the latest extension of the Liebherr mobile harbour crane Photo  Liebherr

The new LPS 420 E is the latest extension of the Liebherr mobile harbour crane product range. The newly designed machine is a purely electric driven portal crane. All crane movements like luffing, hoisting, slewing and travelling are done by electric motors. As the LPS 420 E is a member of the LHM series,

Cargo, Offshore Gaining Ground: Viking

Image:  Viking Life-Saving Equipment A/S

 For the second consecutive year, revenue and earnings remained stagnant for 2017 at Viking Life-Saving Equipment A/S. Two of the largest customer segments, the cargo ship market and offshore industry, remain in turmoil and continue to impact the top and bottom lines. Signs of a slight improvement in the economy are encouraging,

Borr Drilling Buys Paragon Offshore

© Lukasz Z / Adobe Stock

Offshore rig firm Borr Drilling, controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore for $232.5 million in a push to consolidate the fragmented rig market, it said on Thursday.   A plunge in oil prices in 2014 forced oil firms to cut back on offshore exploration,

RollDock, SAL Heavy Lift Form Dock Vessels Pool

(Photo: RollDock)

RollDock and SAL Heavy Lift announced plans to join forces for roll-on/roll-off and float-in/float-out heavy lift cargoes, saying they will launch a “world’s first” pool for dock vessels from April 1, 2018.   The pool will consist of the combined fleet of six vessels and will be managed by RollDock

Jumbo Orders LNG-powered Heavy Lift Ship

(Image: Ulstein Design & Solutions B.V.)

Dutch transportation and installation contractor Jumbo said it has signed a Letter of Intent (LOI) with shipbuilder China Merchants Industry Holdings (CMIH) for the construction of a new heavy lift crane vessel (HLCV) scheduled for delivery in the first quarter of 2020.   The DP2 vessel will feature

UK Shipping Industry Takes its Cause to Government

[L-R:] Ben Murray,  manager of Maritime UK; Guy Platten, CEO of the UK Chamber of Shipping and Clemence Cheng, CEO of HPH UK, walk up to Downing Street with Lance Bachelor, CEO of Saga plc; and Dr Grahaeme Henderson, president of the UK Chamber of Shipping and VP of Shipping & Maritime at Shell. Photo: UK Chamber of Shipping

 The UK Chamber of Shipping's CEO Guy Platten and its president Dr Grahaeme Henderson were among a delegation of international shipowners and major figures from the shipping industry that visited 10 Downing Street on Monday as part of London International Shipping Week 2017.   The delegation, led by Maritime UK,

Crew 'Safe & Well' After Ship Fire

Image: TOTE Services

 A Fire and Rescue Marine Response team was airlifted on board of the US car carrier, MV Honor, which caught fire in the English Channel after leaving Southampton headed for the USA at about 3.45am on Friday.  The American Roll-On Roll-Off Carrier Shipping (ARC) vehicle carrier was en route to Baltimore,

Lift Boat Crew Rescued in US Gulf

Four crewmembers aboard the lift boat Superior Trust were rescued after the vessel became unstable near Southwest Pass, La., Wednesday.   U.S. Coast Guard Sector New Orleans watchstanders received a call early Wednesday morning reporting one of the Superior Trust’s legs failed and made contact with

Big Slowdown for US Coal Exports -BIMCO

Source: BIMCO, EIA

Since Q1 2013, the significance of U.S. coal exports has seen a considerable setback, with 2016 achieving the same levels as 2009. This is due to the long-haul routes carrying coking coal from the U.S. East Coast and U.S. Gulf Coast to East Asia, are not operating to the same extent and the EU is demanding less thermal coal,

Hanjin Sells US Terminal Stake to MSC

Photo: Total Terminals International, LLC

 South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ.   Hanjin, which for bankruptcy protection in August, had signed a contract to sell

Statoil submits Trestakk Plan

The concept selection consists of a template structure and an attached satellite well, which will be tied back to Åsgard A. Photo Statoil

Statoil, on behalf of the license holders, today submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister for petroleum and energy, Tord Lien, in Bodø. Capital expenditures are estimated at approximately 5.5 billion NOK. The discovery, made in 1986,

Liftboat Launched in China

Photo: Aqualis Offshore

Mekers Offshore Ltd has launched its first in a series of liftboats at Dajin Heavy Industries yard in Jiangsu, China.   Aqualis Offshore, part of Oslo-listed Aqualis ASA, was last year contracted by Mekers Offshore Ltd to supervise the construction of the Zhejiang-based company’s two new liftboats, of which the first was launched this week.

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