New discoveries of giant oil and gas field discoveries offshore Brazil have operators venturing into deeper water while committing expanded E&P budgets for developments in frontier regions. The Campos Basin remains the greatest focus of exploratory activity, with the Santos Basin to the south and Espirito Santo Basin to the north also seeing activity. Ship-shaped floating production, storage and off-loading (FPSO) vessels remain the preferred development option for these frontier prospects, with ABS the leading classification society of choice for FPSO conversions for offshore Brazil, says João Carlos Pacheco, ABS Brazil country manager. “As an ABS representative in South America for nearly 20 of ABS’ 50-year-plus history in the region, I continue to be impressed by how Petrobras and industry participating in offshore Brazil adapt to changing needs. Brazil is on the forefront of offshore technology, especially, deepwater technology. ABS is proud to be a part of this frontier development and technology advancement,” said Pacheco. By 2005, more than half of Brazil’s oil production will come from ultra-deep waters, requiring an incredible investment in infrastructure and involving untold risks, advises Pacheco. “That has not stopped Petrobras; nor does it inhibit the international oil and gas companies which come to Brazil to help develop its rich offshore fields,” he said.
On Friday April 14, United States Marine, Inc., (USMI), celebrated the delivery of two of their 36-ft. NSW RIBs to the United States Special Operations Command, USSOCOM, marking the 99th and 100th craft delivered by USMI to USSOCOM to date. This delivery marked a number of occasions, including USMI’s first scheduled deliveries since hurricanes Katrina and Rita. This celebration also marked the first deliveries of new craft from their new Gulfport, Miss., facility.
ABB has been awarded contracts worth $110 million to supply electrical power systems for twelve vessels and five offshore drilling rigs. The ABB orders, all booked during January-March 2006, include the following: • Total electrical power system packages for two semi-submersible drilling rigs for subsidiaries of Jon Fredriksen controlled SeaDrill Ltd (Subsea Drilling (III) Ltd and Subsea Drilling (IV) Ltd). The rigs will be built at South Korea’s Daewoo Shipbuilding and Marine
Raceland, LA-based Adriatic Marine LLC inform they have contracted Master Boat Builders, Inc., of Mobile, Alabama, for the construction of six 220’-class DP-2 Offshore Supply Vessels (OSVs). Construction is scheduled to begin in January 2014. Delivery of the first vessel is scheduled for the first quarter of 2015, with deliveries of the five subsequent vessels following every four months thereafter.
Seaspan Corporation announced that it accepted delivery of a 10,000 TEU containership, the Hanjin Buddha, which was constructed using Seaspan's fuel-efficient SAVER design. The new containership, which was constructed by Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's first SAVER design vessel in the company's operating fleet. The Hanjin Buddha will commence a ten-year, fixed-rate time charter with Hanjin Shipping Co. Ltd
Orders for gas carriers placed with Korean and Japanese shipyards figure prominently amongst the latest newbuilding orders noted in the latest Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Pan Ocean have placed an order for two firm 207,000 dwt Newcastlemaxes at New Times, with both vessels due to deliver within the second half of 2016. Also in China, Clarkson Hellas mentions that Conti Reederei have extended their order for 64
Moody's Investors Service has downgraded the rating of Navigator Gas Transport's first priority ship mortgage notes due 2007 to Caa2 from Caa1, and the second priority notes due 2007 from Ca to C. The senior implied rating was reduced to Caa2 from the previous B3. The rating outlook is negative. The rating downgrade primarily reflects the reduction in earnings capacity of the ships due to the continued weak rate environment of the transport market for petrochemical gasses
CMB confirms that its subsidiary Bocimar International has sold its newbuilding Panamax vessel Jiangnan 2346. The net sale price was $65m. At the time of delivery of the vessel, scheduled to take place in the course of the first quarter of 2008, a capital gain of approximately $32 million will be realized. Further, Bocimar has ordered in joint venture with Wah Kwong two newbuilding Handymax vessels (53,000 dwt) from Chengxi Shipyard (China)
Tidewater Inc. announced that it has taken delivery of the M/V Miss Jane Tide. The Miss Jane Tide is Tidewater's first VS 480 platform supply vessel built by the company's own Quality Shipyards, L.L.C. in Houma, La. The ship, designed by the Norwegian firm Vik-Sandvik, is the first of four identical vessels to be built by Quality. The Miss Jane Tide is a 260-ft. PSV and is the first domestically constructed vessel to be delivered under Tidewater's new construction program announced in January
TBS International Limited entered into agreements to acquire two sister tweendeckers, the M.V. Wedellsborg and the M.V. Frijsenborg. TBS has agreed to acquire these vessels en bloc for $46m charter free and they are expected to be delivered to the Company in the first quarter of 2008. The M.V. Wedellsborg, to be renamed the M.V. Ottawa Princess, is a 1987 built tweendecker of 22,800 dwt and the M.V. Frijsenborg, to be renamed the M.V. Caribe Maiden, is also a 1987 built 22,800 dwt tweendecker
Orient Overseas (International) Ltd. has placed a new order for six mega 20,000 teu container ships from South Korean shipbuilder Samsung Heavy Industries Co. for US$951.6 million. Orient Overseas, controlled by the family of former Hong Kong chief executive Tung Chee-hwa
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Beacon. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's seventh 10000 TEU SAVER design containership and first delivery in 2015
The Royal Bahamas Defence Force (RBDF) has taken delivery of the fourth and final Stan Patrol 4207, named HMBS Rolly Gray. The four Stan Patrol 4207s form part of the six-year Sandy Bottom project. The Stan Patrol 4207s carry a 24-person crew
Unison has commissioned what is believed to be the largest all-electric tube bending machine ever produced. The machine has started operations at Newport News Shipbuilding, supplier of nuclear-powered aircraft carriers and submarines to the US Navy.
Joint High Speed Vessel USNS Trenton (JHSV 5) successfully completed Acceptance Trials (AT) on March 13, 2015 in the Gulf of Mexico. Austal, the Trenton's shipbuilder, today announced the completion of the trials, which are the last significant milestone before delivery of the ship.
Japan's Maritime Self Defense Force (JMSDF) took delivery of its biggest warship Izumo, since World War II, a vessel that observers say is a "de-facto aircraft carrier". The 19,500-ton destroyer Izumo, measuring 248 meters long and 38 meters wide
GAIL (India) will buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters. According to preferences and vessel sizes, the deliveries will be split between Dabhol
URAG has taken delivery of two ASD 2411 Tugs to add to its existing fleet. Named Brake and Perfect, the new vessels have joined their sister ship Prompt in the port of Hamburg under the URAG subsidiary Lutgens und Reimers (L&R). The order for the tugs was placed in September 2014 and work
'DACC Tirreno' was delivered at the Oshima shipyard in Japan yesterday, the first of four Supramax bulk carriers for the dACC Maritime Limited fleet, the joint venture established by the Coeclerici and d’Amico Groups. The 60,000dwt vessel, measuring 200m long and 60m wide
Gladding-Hearn Shipbuilding, Duclos Corporation, has begun construction of the first of three new sightseeing vessels for Circle Line Sightseeing Cruises, Inc., in New York City. A keel-laying ceremony at the Somerset-Mass., shipyard in January
The next generation of connectivity between ship and shore will be dominated by the development of applications to help ship owners and managers reduce costs by enhancing operational efficiency, automating processes, and avoiding expensive repairs
The future USS John Finn (DDG 113) was launched at the Huntington Ingalls Industries (HII) shipyard March 28. During launch the drydock was flooded allowing the 637-foot floating dock to slowly submerge until the ship was afloat. Once the drydock was fully submerged
Viking Ocean Cruises has announced it took delivery of Viking Star, marking the company's official arrival into the ocean cruise industry. The delivery ceremony took place on March 28 when the ship was presented at Fincantieri's Marghera shipyard outside of Venice, Italy
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Naming Ceremony today for the second Patrol Vessel (PV), RNOV Shinas, and the interim delivery for the first vessel RNOV Al Seeb, built for Royal Navy of Oman (RNO).
All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle. The vessel, MV Sally Fox, was dedicated at a ceremony on Vashon Island on Saturday. The Sally Fox is the first of two new ferries ordered by King County’s