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Keppel Wins Barge Order

Keppel Corporation Limited, through its offshore unit in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched another contract to build a swamp barge from repeat customer, PT Apexindo Pratama Duta Tbk (PT Apexindo). The S$25 million contract for the swamp barge, Yani, is the third contract PT Apexindo has awarded to Keppel FELS Ltd. The Indonesian drilling contractor, who recently obtained a public listing on the Jakarta Stock Exchange, has earlier awarded Keppel with two other contracts, one for the new construction of swamp barge Raisa, and another for the repair and refurbishment of swamp barge Maera. Said Mr Tong Chong Heong, Managing Director and Chief Operating Officer of Keppel O&M, “We are very pleased that PT Apexindo has entrusted us with the construction and refurbishment of their swamp barge fleet. “We clinched the first contract on the Raisa through a competitive bid put together as a result of the integration of our offshore and marine business. We are able to combine our expertise in rig design, project management and shipbuilding skills as an integrated entity, and offer the best price and services to our customers.” The construction of Raisa is seeing good progress and the barge was recently launched on 22 October 2002. Maera’s six-month refurbishment is into its third month in Keppel FELS. Both barges are scheduled for delivery in the first quarter of 2003 for deployment in the Tunu Field of East Kalimantan for TotalFinaElf Indonesie


Keppel Singmarine Secures Newbuild Contracts

Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts from Indonesian customers worth a total of about S$47 million.   The first contract is for a Coal Transshipment Barge for repeat customer PT Indo Straits Tbk, through its subsidiary company PT Pelayaran Straits Perdana and the second is for the construction of three tugboats for a new customer, an international shipping company


Frigate Launched for Indonesian Navy

Photo: Damen

Damen frigate modularly constructed in the Netherlands and Indonesia in collaborative construction project   PT Pal’s Surabaya Shipyard has launched the first of two SIGMA 10514 Perusak Kawal Rudal (PKR) guided-missile frigates designated for the Indonesian Navy (TNI AL). PT Pal built these ships in collaboration with Damen Schelde Naval Shipbuilding (DSNS).   The launch ceremony was attended by guests of honor Indonesian Minister of Defense


Pertamina Awards EPCI Contract for Matindok Gas Project

The contract covers the engineering, procurement, construction and installation of gas well pads, flowlines, pipelines besides a central processing plant

  Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Indonesia. The contract covers the engineering, procurement, construction and installation of gas well pads, flowlines, pipelines; a central processing plant (672 million cubic meters per year of gas) with gas treatment facilities such as acid gas removal as well as sulphur removal


AKR Corporindo to Spend 2.3 trln rph on Industrial, Port Project

  PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year, to finance its Java Integrated Industrial and Port Estate project, said Director Suresh Vembu. The firm is working in co-operation with state port firm PT Pelindo on the project situated on a 1,700-hectare site in Gresik, East Java


Indonesian Offshore Contract for Veripos

Aberdeen-based Veripos has been awarded a major contract by PT Pageo Utama of Jakarta for provision of GNSS precise positioning facilities in support of two three-year regional survey and navigation service projects being carried out by the Indonesian company on behalf of BP West Java and CNOOC South East Sumatra.   The contract for the two projects also covers supply by Veripos of integrated demodulator and GNSS receivers in addition to associated proprietary QC software to ensure


RINA Performs Design Appraisal for CNG Power Plant

Photo: RINA

International classification and verification company RINA Services has performed the design approval for the world's largest Compressed Natural Gas storage plant in Grati, Indonesia. The CNG will feed the local 300 MW power plant. The plant, operated by Indonesia’s PT PLN (Persero), burns up to 15 million standard cubic feet per day (mmscfd) of gas from the CNG storage, driving three gas turbines. Adding a CNG plant to the existing power station tackles the issue of peak load demand


Samudera Orders Two

PT Samudera Indonesia reportedly entered into an agreement with STX Shipbuilding to buy a pair of bulk carriers for $97.6m, the Jakarta Post reported. Upon delivery, the vessels will be deployed on a time-charter contract and are expected to increase Samudera's capacity to meet the demand for bulk carrier services. Samudera currently operates 20 vessels.


This Day in U.S. Naval History - March 11

1935 - Birth of Naval Security Group when OP-20G became the Communications Security Group   1941 - President Franklin D. Roosevelt signs Lend-Lease Act   1942 - In a PT boat, LCDR John Bulkeley leaves the Philippines to take General Douglas MacArthur to Australia   1945 - Use of first Navy landing craft to cross Rhine River at Bad Neuenahr   1965 - Market Time patrols begin off South Vietnam coast  


This Day in Navy History - August 4

1846 - Sailors and Marines from USS Congress capture Santa Barbara 1858 - First trans-Atlantic cable completed by USS Niagara and British ship Agamemnon 1944 - Fifth Fleet carrier task forces begin air attack against Iwo Jima and the Bonin Islands 1947 - Birthdate of the Medical Service Corps 1964 - The Navy and national intelligence sources report a North Venamese PT boat attack on USS Turner Joy and USS Maddox in the Tokin Gulf prompting Congress to pass the Tonkin Gulf Resolution on 7


Asia Tankers-VLCC Rates to Climb Slowly

File image: a so-called SuezMax oil tanker (Suez Canal Authority)

Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs) are set to nudge higher next week after moving above nine-month lows on increased charters this week, ship brokers said on Friday


Austal Bags Contracts for Three Passenger Ferries

The 50m high speed catamaran to be built by Austal Philippines for Seaspovill. (Design Incat Crowther) Image by Austal Limited

Austal Limited announced securing two new contracts for three commercial passenger ferries with a total value of approximately AU$30million. Firstly, Austal has been awarded a contract for the construction of a 50 meter high speed passenger catamaran for Seaspovill Co


Barillec Highlights its VarShaft System in Amsterdam

Image: Barillec

On the occasion of Electric & Hybrid Marine World Expo in Amsterdam, Barillec will focus on its VarShaft system, whose first prototype is now available in its showroom in Concarneau. VarShaft has been developed to improve energy efficiency of fishing boats and other service vessels.  


Catamaran Ferry Delivered to Majestic Ferries

HSC Catamaran Passenger Ferry Majestic 7 (Image: Incat Crowther)

The recently launched Majestic 7 is the first of four HSC catamaran passenger ferries designed by Incat Crowther to be delivered to Majestic Ferries in Singapore. Majestic 7, part of a multiple-vessel order which has been further expanded to include a pair of larger capacity vessels due to be


Greek Workers Protest Port Selloff

Dozens of demonstrators blocked the entrance to Greece's privatisation agency offices in central Athens on Friday and planned more protests during the day against the sale of the country's two biggest ports. Privatisations have been a key plank of Greece's succession of bailouts since 2010 but


Piraeus Port Shareholders Approve COSCO Deal

Photo: Piraeus Port Authority

Piraeus Port shareholders approved a new concession agreement with Chinese shipping giant COSCO on Friday, bringing Greece a step closer to concluding the sale of a majority stake in the port. Greece agreed in April to sell a 67 percent stake in the port to COSCO for 368.5 million euros


Greek Cruise Operators Fret over Strikes Sparked by Port Sale

(Photo: Piraeus Port Authority)

Greek cruise ship operators are worried of a lasting impact on the sector from an ongoing strike by port workers protesting against the sale of the country's biggest port Piraeus to Chinese shipping giant COSCO.   Greece in April agreed the sale of a 67 percent stake in Piraeus Port to


Bonnie Again Becomes Tropical Storm

Courtesy U.S. National Hurricane Center

Bonnie returned to tropical storm status after weakening earlier this week, the U.S. National Hurricane Center said on Friday. The first tropical storm to reach the United States this year, Bonnie was 285 miles (460 kilometer) off Cape Hatteras, North Carolina


Striking Port Workers Protest Greek Port Sales

Greek port workers walked off the job for a sixth day on Tuesday and marched through central Athens to protest the state-sanctioned selloff of the country's two largest ports, Piraeus and Thessaloniki. Privatisations have been a pillar of a succession of international bailouts for Greece since


Strategic Marine Building Luxury Crewboat

24m Catamaran Passenger Ferry Courtesy Strategic Marine

Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year. “The vessel is currently under construction at Strategic Marine’s facility in Vietnam


Floating Storage Flattens Fortunes of $50 Crude

Photo: Alibra Shipping Ltd. Research

 The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism, says a report from Alibra Shipping Research.  


General Dynamics Bags $ 47 mi US Navy Contract

Logo

General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), was awarded a contract to provide information technology services and security assistance support to the Naval Supply Systems Command Weapon Systems Support (NAVSUP WSS) and Navy International Programs Office


Baltic Index Falls on Sluggish Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday hurt by an decline capesize vessel demand.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down eight points


Abandoned Yacht Found Off Port Stephens Beach

Photo Supplied: NSW Police

 A yacht with no one on board has been discovered in the ocean in Port Stephens in the Hunter, prompting fears a person may have fallen overboard, as per a report in SMH.   The eight-metre yacht was spotted on Tuesday night drifting off Samurai Beach in the Hunter region


Cheniere Appoints Jack Fusco as CEO

Jack Fusco. Photo: Cheniere Energy

 Jack Fusco was named chief executive and chairman of Cheniere Energy Monday, ending a leadership search that began after activist investor Carl Icahn ousted the company’s founder.   Fusco's installation as Cheniere’s new chief comes after a messy boardroom drama led to the






 
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