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, 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
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
The first of two SIGMA 10514 PKR naval frigates for the Indonesian Navy has successfully completed its sea trials as of September 7, marking a milestone on a project for which the first steel was cut in January 2014. The assessment phase began with seven days of basin trials to ensure that the propulsion and safety systems were fully operational before the vessel made the challenging passage from the PT PAL shipyard in Surabaya to the open waters of the Java Sea
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
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
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
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
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.
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
The United States is projected to become a net energy exporter over the next decade due to rising natural gas exports and falling petroleum product imports, the U.S. Energy Information Administration said on Thursday. While the United States has been a net energy importer since 1953
Diana Shipping has taken delivery of the m/v San Francisco (formerly Hull No. H2548) and the m/v Newport News (formerly Hull No. H2549), two new building Newcastlemax dry bulk vessels that were contracted in May 2013. The m/v San Francisco has been time chartered to Koch
Engineered rope specialist Cortland Australia said it has secured a contract to supply Singapore’s ASL Shipyards with high performance Plasma 12x12 towlines for BHP Billiton Towage Services’s new fleet of six RAstar85 ASD escort tugs.
Wilhelmsen and Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off Carrier. Signing the transaction agreement is an important milestone in the merger as
The Standard Club has quoted a a circular earlier this year by the Maritime and Port Authority of Singapore (MPA) for the mandatory use of the mass flow metering (MFM) system for marine fuel oil (MFO) deliveries in Singapore with effect from 1 January 2017.
The Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced the bureau will offer more than 48 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development, in a lease sale that will include all available unleased areas in the
Diana Shipping Inc. Announces a Reduction of the Contract Price to the Shipbuilding Contracts of Two Newbuildings; Time Charter Contracts for m/v Newport News with SwissMarine and for m/v Leto and m/v Naias with Glencore Diana Shipping Inc
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement on the withdrawal of portions of the Atlantic and Arctic Oceans from future oil and natural gas leasing: “President Obama’s short sighted
The Panama Canal welcomed the largest capacity vessel to-date to transit the Expanded Locks—Hapag-Lloyd's Valparaiso Express, a 10,589 TEU Neopanamax containership built specifically to take advantage of the greater capacity offered by the Expanded Panama Canal.
U.S. energy companies this week added oil rigs for a seventh week in a row, extending a seven-month drilling recovery as crude prices held near a 17-month high. Drillers added 12 oil rigs in the week to Dec. 16, bringing the total count to 510, the highest since January
As part of its 2017 State of the Cruise Industry Outlook, trade association Cruise Lines International Association (CLIA) has forecasted the top eight cruise travel trends that will have the greatest impact on the cruise industry in the coming year.
Superior Industries, Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, has unveiled a new machinery solution for crushing applications called the Liberty Jaw Crusher. Functioning as a primary crusher, the unit compresses material in stone
Scorpio Tankers Inc. announced the upsizing and extension of its BNP Paribas Credit Facility. The Company has received an additional $27.6 million commitment from BNP Paribas to upsize its BNP Paribas Credit Facility. The $27.6 million increase of the bilateral financing will bear interest at
Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, announced on that it signed contracts, financed by Korean financiers to build 14,500 TEU class containerships and 49,000 DWT product/chemical carriers with Islamic Republic of Iran Shipping Lines (IRISL)
U.S. energy companies this week added the most oil rigs since July 2015, extending the seven-month drilling recovery as crude prices rose to a near 17-month high. Drillers added 21 oil rigs in the week to Dec. 9, bringing the total count up to 498, the most since January