Floating News


Fukushima Experimental Offshore Floating Wind Farm Project Progresses

Jun 11, 2014

A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi…

Floating Production Systems: Market Update

Dec 16, 2013

Currently, 319 oil/gas floating production units are now in service, on order or being remarketed for reuse.  FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 floating LNG processing systems are in service or on order…

World First: Hyundai Samho Launches LNG Carrier Built On-ground

Oct 07, 2013

Hyundai Samho Heavy Industries (HSHI), a shipbuilding affiliate of Hyundai Heavy Industries, the world’s biggest shipbuilder, successfully launched a 162,000 m3 LNG carrier built using the on-ground shipbuilding method for the first time in the world…

LR Safety Alert: BW Exchange & Air Pipe Head Damage

Sep 04, 2013

Recent port state control detentions (particularly in Australian waters) have revealed numerous cases of damaged and inoperable ballast tank air pipe heads. The air pipe heads were of the automatic float type, from different manufacturers and used by different new construction shipyards…

Shea Delivers Precast Floating Docks to Marina

May 29, 2013

Shea Concrete Products delivers 40 precast floating docks to Lynn’s Seaport Landing Marina in Lynn, MA.Altogether, Shea Concrete Products manufactured 14 main docks and 28 dock fingers, with the largest main dock at 9ft wide by 50ft long, and weighing over 50…

AdvanFort Floats Past Floating Armory Debate

May 29, 2013

As international controversy continues about the “wheres,” “whys” and “how much” of maritime piracy in key international shipping areas, an important debate now focuses on the use of “floating armories” in efforts to restore security on the high seas…

Second Australia Floating LNG Project Planned

Apr 02, 2013

Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia.Exxon, whose partner in the field is Melbourne-based BHP Billiton Ltd. (BHP), expects to make a decision…

Offshore Floating Production: 40% Growth in Five Years

Mar 11, 2013

IMA has completed an in-depth analysis of the floating production sector – including a forecast of orders for additional floating production systems between 2013 and 2017. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs…

Teledyne Webb's APEX® Deep MakesRecord Dive

Feb 27, 2013

Teledyne Webb Research's Autonomous Profiling Explorer (APEX®) Deep, dives to a record 6,000 meters.The record drive, in the Puerto Rico trench was launched from the R/V Kruger B out of San Juan, starting its dive the afternoon on February 25…

Arabian Sea Contract for Technip Consortium

Feb 04, 2013

Technip, in a consortium with Afcons and TH Heavy Engineering, awarded offshore India contract.The contract, worth in total about 50-million Euros, awarded by Oil & Natural Gas Corporation Ltd (ONGC), is for the Heera Redevelopment (HRD) process platform project in the Arabian Sea…

Deep Profiling Float Descends to 4000-meters

Jan 01, 2013

Teledyne Webb Research's new version of its Autonomous Profiling Explorer (APEX®) makes a record 13,123 ft dive off Hawaii.APEX floats are based on a buoyancy engine and have been commercially available since founder Doug Webb started Webb Research in 1982…

US Port Commissions Clean-up Boats

Oct 17, 2012

Port of Cleveland commissions two custom-made boats, named 'Flotsam' and 'Jetson', for removal of floating debris.The two new vessels will remove floating debris from the Cuyahoga River and downtown Lake Erie shoreline. They are part of…

Report: $91B Spend on World Floating Production Systems

Oct 05, 2012

The Market - Global Floating Production Capex to Double.Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. This growth…

DNV to Class World's First LNG FPSO

Sep 26, 2012

DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.…

Floating Wind Farm Starts Trial Run Off Japan

Aug 30, 2012

Japan’s first offshore floating wind farm begins trial operation off the coast of Goto Islands, Nagasake Prefecture.A Japan Government energy ministry spokesperson said that diversifying energy sources in Japan has become a significant national…

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The Curious Case of the 1,200

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