Page 47: of Maritime Reporter Magazine (February 2013)

www.marinelink.com 47Simmons UK Announce $2.3B of O&G Deals in 2012 Simmons & Co in Aberdeen completed 14 deals in 2012 with a total value of $2.3billion, more than double the total value of deals completed by the Þ rm in 2011. The Aberdeen of Þ ce led these UK and international deals, which represent a signiÞ -cant share of the 48 M&A transactions completed by Simmons & Company International Group. In the subsea sector, the sale of Acteon to KKR and the divestment of GustoMSC by SBM to Parcom Capital were prominent deals. On the buy side, Simmons represented Tetra Technologies in its ac- quisition of Aberdeen based rig cooling specialists Optima and assisted Pheonix Equity Partners in their acquisition of Gall Thomson Environmental in the ß ow control sector. TOTE Services Top Leadership Position Changing Hands Captain Jorge Aguirre announced his retirement from TOTE Services after 33 years with the com- pany. Aguirre spent 16 years at sea, coming ashore with TOTE Services in June of 1980 as a Port Cap- tain at the Philadelphia headquarters of the compa-ny, then known as Interocean Management Corpo- ration or IOM. He served as Manager of Operations, then Senior Vice President and in 2001 was made President. Following Aguirre?s retirement on Janu- ary 31st of this year, TOTE, Inc. VP, Retired Rear Admiral, U.S. Navy, Philip H. Greene, Jr. will as- sume the role of President of TOTE Services. SIS Strengthens Oil & Gas Team Star Information Systems (SIS) said that Erik Sar- mento Staubo has joined the company as head of oil & gas. SIS is a provider of integrated software solu-tions and services that allow the safe and efÞ cient operation of ships and rigs. MHI Signs Steam Turbine Deal Mitsubishi Heavy Industries, Ltd. (MHI) signed an agreement with Qingdao Jieneng Steam Turbine Group Co., Ltd. of China, a major manufacturer of small steam turbines, under which the two compa-nies will jointly establish Mitsubishi Heavy Indus-tries Jieneng (Qingdao) Steam Turbine Co., Ltd. as a marketing and design unit for small and medium-size steam turbines and marine-use steam turbines. LM2500 Gas Turbine for German Navy Frigate GE Marine will provide MTU Friedrichshafen with a LM2500 gas turbine for the German Navy?s fourth Baden-Württemberg-class (F125) frigate. For each new F125 frigate, MTU will provide the German Navy with one LM2500 gas turbine, two electric motors and four diesel generator-sets in combined diesel-electric and gas turbine propulsion arrange-ment. The keel for the Þ rst F125 frigate was laid in November 2011 at the Blohm +Voss shipyard in Hamburg. GE LM2500s also power the German Navy?s Bremen- (F122), Brandenburg- (F123) and Sachsen-class (F124) frigates. The LM2500 gas turbine will be delivered to MTU?s Friedrichshafen in February 2014 for placement into the propulsion module. The ship is expected to launch in 2015, and commissioned by the German Navy in 2017.Star Cruises Signs long-term Preventive Service Contract ABB won a long-term service contract from Star Cruises for preventive maintenance of all ABB equipment onboard SuperStar Virgo for the next Þ ve years. The approximately $1m contract commenced in January 1, 2013. Star Cruises, the world?s third largest cruise company, has led cruise development in the Asia-Paci Þ c region, where it operates seven vessels between the ports of Singapore, Port Klang (Malaysia) and Hong Kong. Harley Awards US Fab Deck Barge Contract US Fab, a Vigor Industrial company, will soon be- gin construction on a 250 x 70 x 15.7 ft. deck barge for Harley Marine Services at Vigor?s Swan Island shipyard in Portland, Oregon. This purpose built barge was designed by Jensen Maritime Consul- tants to transport a wide variety of cargo between Dutch Harbor and Akutan, Alaska with up to three runs per week. STX France to Build Oasis Class Ship for RCCL STX France SA signed a contract to build a cruise ship intended for Royal Caribbean International (RCI - subsidiary of RCCL) ß eet. Third ship of the Oasis class, this ship featuring outstanding dimen-sions is due for delivery in mid-2016. An option for a second ship due in mid-2018 is also provided. At 361 x 66 m, the ship is one of the biggest ever built in Saint-Nazaire. Sister ships Oasis of the Seas and Allure of the Seas are marvels at sea, spanning 16 decks, encompassing 225,282 grt and carrying 5,400 guests in 2,700 staterooms.PPG PMC Business Earns Military Award PPG Industries? protective and marine coatings (PMC) business received The Society of Protective Coatings (SSPC) 2013 Military Coatings Project Award of Excellence during the SSPC 2013 trade show at the Henry B. Gonzalez Convention Cen-ter in San Antonio, Texas. The award is given an- nually by SSPC to recognize exceptional coatings work performed on U.S. military ships, structures or facilities. PPG earned recognition for the perfor- Simmons: Buoyant offshore in 2012. GE gas turbines for German Frigate.MHI signs steam turbine deal.MR #2 (42-49).indd 47MR #2 (42-49).indd 472/4/2013 11:35:44 AM2/4/2013 11:35:44 AM