STX OSV OBTAINS ENVIRONMENTAL LICENSE FOR SHIPYARD CONSTRUCTION IN BRAZIL

Singapore, 1 April, 2011  – STX OSV Holdings Limited ("STX OSV"), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has reached a major milestone in its planned development of a second shipyard in Brazil.
On 30 March 2011, STX OSV’s subsidiary, Estaleiro Promar SA, has been granted the environmental license for the construction of the new shipyard in Suape, in the state of Pernambuco, Brazil.
With the environmental license in place, the yard development project will progress without delay. Shipyard construction is expected to start within 2Q 2011, with construction of the first vessels estimated to start in 2012 and full operations of the new shipyard scheduled for 2013.
The first project to be realized at the new shipyard will be the construction of eight LPG carriers for Transpetro. The contracts with Transpetro will be made effective following financing approval from Brazil’s Merchant Marine Fund (FMM).
Upon completion of the project for Transpetro, the new yard will be utilized for offshore vessel construction, approximately tripling STX OSV’s delivery capacity in Brazil and reinforcing its strong position in this important growth market.
Source: STX OSV

New contract awarded to Bergen Group Vest Elektro

Bergen Group Vest Elektro has been awarded a contract for electrical design and installations on a multifunctional vessel to be built at Fitjar Mekaniske rksted AS for The Norwegian Coastal Administration. The contract also includes an option for the same work scope on a similar vessel.

The contract, with option included, has an estimated value of NOK 17-20 million.
The installation work on the first vessel will be carried out in Q4 2011 with delivery in Q1 2012. The option for the assignment on vessel number 2 is valid until end of 2nd half of 2011.

Bergen Group Vest Elektro is a wholly owned subsidiary of Bergen Group ASA and is a part of the Group's technology division. The company has within a few years evolved to become a major player in maritime engineering and advanced electrical installations. Bergen Group Vest Elektro has approximately 50 employees, and is headquartered in Bergen.
Source: News Web

Dutch Freighter Arklow Resolve aground near Vordingborg

A Dutch coaster has gone aground at Vordingborg. Navy Operational Command has sent an environmental ship out to damming possible contamination.
This morning is a Dutch coaster aground off Vordingborg. Navy Operational Command, Fleet, arrived on the spot.
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Source: Sea News Turkey