Chemical Tanks

Stolt-Nielsen and Oiltanking Announce Joint Venture

Stolt-Nielsen announced an agreement in principle between Stolthaven Terminals BV, a wholly-owned subsidiary of SNSA, and Oiltanking GmbH whereby Stolthaven Terminals BV will acquire a 50% interest in Oiltanking Antwerp N.V. for a total consideration of approximately $64 million, which is paid partly in cash and partly by assumption of outstanding debts. The agreement is subject to regulatory approval and will be retroactive to January 1, 2006. The terminal will be renamed Oiltanking Stolthaven Antwerp and will continue to operate as an independent liquid and gas storage provider. Oiltanking Stolthaven Antwerp is located on the right bank of the Schelde River in the world's second-largest petrochemical complex that has an infrastructure long established and dedicated for marine and land logistics. The terminal has a capacity of 500,000 cubic meters of tank storage serving the liquid chemical, chemical gas, and petroleum markets. The terminal is also linked to the surrounding industry by 26 pipelines. The terminal, a specialty chemical hub in the Antwerp Rotterdam Amsterdam ("ARA") region, is now being expanded to serve the growing needs of its customers. The expansion includes the building of 21 new chemical tanks, increasing the existing chemical capacity by 50,000 cubic meters. Two new loading racks for trucks and railcars and a new finger pier with four berths also are being constructed

Coatings: Metal Fusion Helps Stop Corrosion

New advances in metal fusion technology produce a metalized coating with no porosity, which can be applied at rates similar to those achieved by airless painting practices. The substrate temperature does not affect the process, and there is no curing time. The competitive process results in extremely long term near permanent corrosion protection, which is designed to be competitive in price with conventional corrosion systems

HMI Ambrose Channel Makes First New York Harbor Call

Hvide Marine Inc. announced the first visit of HMI Ambrose Channel, named for the USCG lightship that formerly stood watch at the entrance of New York Harbor, to the Port of New York and New Jersey. The vessel, one of the first all-new petrochemical carriers built in the U.S. in nearly two decades, passed through its namesake, the Ambrose Channel, on its way to Stapleton Anchorage. Under the command of veteran Hvide Marine Captain Dave Johnson, the tanker delivered 155

Kirby Corp. Buys Hollywood Marine

Kirby Corp., the largest U.S. tank barge operator, has agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, for about $325 million. Kirby, also based in Houston, said the purchase price consists of $90 million in stock, $135 million in cash and the assumption or refinancing of about $100 million of Hollywood debt. Kirby plans to merge the privately-held company into one of its subsidiaries and hopes the acquisition boosts its profits in the year 2000 and add to

Odfjell Expands its Chemical Tanker Fleet

Odfjell has invested more than $130m recently in expanding its fleet, acquiring five chemical tankers. Four of the chemical tankers are second-hand ships with stainless steel cargo tanks and are built between 1995 and 1997. M/T "Giada D" (10 115 dwt./built 1996) is built in Italy, and was delivered 12 September from Italian owners. The vessel has been renamed "Bow Querida". M/T "Euro Azzurra" (13 843 /1997) is built in Italy

Nordic Tankers Activity Up in Stainless Steel Segment

Nordic Tankers has taken two chemical tankers of 16,000 tons deadweight (dwt) on time charter. The sister vessels, which were built in Italy in 2001 and 2004, are equipped with 25 stainless steel tanks and live up to IMO’s requirements to be able to carry all types of chemicals.   The charters follow Nordic Tankers’ strategy to use the current weak market to increase the time charter fleet, which now consists of seven chemical tankers between 12,000 and 20

Great Ship - Silver River

Designed for the economical, international and ecological transport of oil and chemicals, Silver River, constructed by German-based Lindenau was delivered to one of the largest Chinese shipowners - China Changjiang Shipping Group on June 26, 1999. Classed by Germanischer Lloyd as a Chemical/Oil Tanker, the vessel is the third out of a four-part series built within 1.5 years by Lindenau. This newbuilding, which joined its sister vessel Gold River delivered on March 1, 1999

Hvide Christens Fourth Lightship Tanker

Hvide Marine Inc. christened HMI Ambrose Channel, the first all-new petro-chemical carrier built in the U.S. in nearly two decades and the fourth in a series of five double-hull lightship tankers being built for Hvide by Newport News Shipbuilding under the Double Eagle program. The christening ceremony took place at Newport News Shipbuilding in Newport News, Va. Named after the USCG lightship which formerly stood watch at the entrance to New York Harbor

Astilleros Espanoles Delivers Innovative Chem Carriers

Astilleros Españoles Sestao and Juliana yards have delivered the first two vessels of an inventive series of six stainless steel product/chemical carriers, Stolt Sea and Stolt Sun, both of which have joined the fleet of Stolt Parcel Tankers - the world's largest operator of its kind. One of the most outstanding features of the series of ships are their capability of simultaneously carrying a wide variety of cargoes. Made possible by an extremely compartmentalized cargo arrangement

Laurin Maritime Adopts AMOS for Newbuild

SpecTec AB (Sweden) has signed a contract with long term customer Laurin Maritime as agents for Anglo-Atlantic Steamship Co. Ltd. for the first new build vessel (Cavatina) which is the first in a series of five, built at Trogir shipyard in Croatia. The vessels are IMIO II Tankers for chemicals and oil products and will each have a deadweight of about 46,200 tons. They will have 20 coated cargo tanks, each with a capacity of below 3,000 m3