According to a study just completed by IMA, 121 floating production systems are in operation or available. This is an increase of approximately 90 percent over the number of units in operation five years ago. About one-quarter of the units are operating off Northern Europe,
"Tanker Supply, Demand and Profitability to 1996" analyzes recent chartering trends, from 1985 to 1991, and examines the operating profitability of various tankers during the period. Forecast spot and time-charter freight rates are presented, from 1992 to 1996,
A joint venture between Snamprogetti and IMODCO, a unit of AMCA International based in the United States, has been awarded a contract by AGIP S.p.A., on a turnkey lump sum basis for a deepwater floating production storage and offloading terminal (FPSO).
Changing military requirements have highlighted the need for traditional Navy suppliers to diversify by developing a growing sales presence in the commercial marine sector. While naval shipbuilding in this country will continue to provide major new business opportunities,
A contract has been awarded by Phillips Petroleum Exploration U.K., Ltd. to Equipments Mecaniques et Hydrauliques (E.M.H.) for the design, supply and installation of an articulated loading column (ALC) for offshore tanker mooring and crude oil loading in the Maureen Field of the North Sea.
Name Tempera Type Double Acting Tanker (DAT) Owner Fortum Built Sumitomo Heavy Ind. Kvaerner Masa-Yards is well renowned for its ship and ship's equipment ice breaking technology. Upon visiting Finland on a recent excursion and enjoying winter in November, it's easy to see why.
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