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Maintenance Vessel

Offshore Work Maintenance Ship Sold, Chartered Back by Otto Marine

Oranda 1: Photo courtesy of Otto Marine

Singapore-based Otto Marine sells Work Maintenance Vessel 'Oranda 1' for US$38.0-million, simultaneously bareboat-chartered back for GofM work. The sales transaction sets to improve the Group’s cash flow and balance sheet. Oranda 1, of LOA 75 m  is an ABS-classed 4,200bhp Work Maintenance Vessel that has completed 4 projects in South East Asia since May 2010. Contemporaneous with the sales transaction, the Group’s subsidiary, Karp Marine Limited, has bareboat chartered back the vessel for a period of 5 years. Oranda 1 is currently executing general topside platform maintenance works in the Gulf of Mexico under a 450-day time charter contract worth US$14.9 million. “Proceed from this sale transaction will be utilized towards repayment of bank loans, thereby improving the Group’s liquidity and working capital. This is very much in line with the Group’s strategy to lighten its balance sheet to optimize operations going forward.” Aw Chin Leng, Executive Director and Deputy President. Otto Marine Limited is an offshore marine group engaged in specialized shipbuilding of offshore vessels for primarily Deep Sea applications. The shipbuilding includes ship repair and conversion. In addition, Otto Marine is chartering out its own fleet of sophisticated and environmentally friendly (clean/comfort class) Anchor Handling Tugs and Offshore Supply vessels for mainly Deep Sea applications.


Damen Delivers Shoalbuster 2609 for SAFEEN

Photo: Damen

SAFEEN, the subsidiary of Abu Dhabi Ports formerly known as Abu Dhabi Marine Services, has taken delivery of a Damen Shoalbuster 2609 named Maqtaa to join its existing fleet. The delivery comes just two months after the order was placed by SAFEEN.   Like all the vessels in Damen’s Shoalbuster range, the new vessel is a multipurpose, shallow draught workboat capable of undertaking a range of roles including towing, mooring, pushing, anchor handling, dredge support


DAMOS Vessel Maintenance System Certified by BV

Damen Services, part of Damen Shipyards Group, said that its Damen Asset Management Operating System (DAMOS) has been independently approved by classification society Bureau Veritas. DAMOS is a unique vessel maintenance management system that allows customers to maximise uptime and optimise cost of ownership.  DAMOS is part of the Damen Services Lifecycle Support System and identifies and categorizes all on-board systems of a vessel


ABS Nautical Systems Wins Two International Contracts

ABS NS Logo from Web.jpg

ABS Nautical Systems Nets Two New Clients.   ABS Nautical Systems has signed a contract with Samson Maritime Ltd. for the use of its NS5 software.   Located in Mumbai, Samson Maritime Ltd., owns and operates a fleet of offshore supply vessels, maintenance tugs and workboats.   Samson Maritime Ltd. has chosen to implement the Maintenance & Repair, Hull Inspection and Drawings Management modules as offered through the ABS Newbuild Program


Status Report: Lightweight Structures at Sea

Figure 1: Valö, the world’s first HSC-classed vessel built in carbon fiber composite, owned by Styrsöbolaget in Sweden.

SP Fire Technology’s involvement in fire-resistant lightweight materials for marine applications has contributed to the construction of several smaller lightweight vessels, and to the current discussion within the International Maritime Organization (IMO) of how larger ocean-going vessels could be built using plastic composites. Background 2005 saw the start of the LÄSS project, which clearly showed the potential economic and environmental benefits of using lightweight materials


8th Incat Crowther Vessel Delivered to Tanzania

Kilimanjaro V Delivered to Tanzanian Co

  Incat Crowther delivered Kilimanjaro V, the eighth Incat Crowther designed vessel for the Tanzania-based operator Azam Marine. Built by Richardson Devine Marine of Tasmania, Australia, the 39m Catamaran Passenger Ferry is a rugged and efficient catamaran, designed specifically as a high capacity passenger and cargo vessel for the operator’s new route, an exposed and sometimes rough run from Dar Es Salaam to the island of Pemba via Zanzibar.


BASS Outfits OSM Vessels

OSM Ship Management will equip 14 vessels with the BASSnet Maintenance and Procurement modules. In 2011, OSM had signed up two vessels for these modules. The Maintenance and Procurement modules are among a range of BASSnet fleet management systems that are aimed at providing “one, integrated solution” for all aspects of maritime operations. The software helps fleet operators and ship managers to plan and undertake asset management and maintenance, inventory and material control


GLS Wins Multi-Vessel USACE Contract

Photo courtesy of Great Lakes Shipyard

Great Lakes Shipyard has been awarded a contract by the United States Army Corps of Engineers (USACE) Detroit District for the drydocking and repairs of the Floating Plant, based at the Detroit Field Station. The shipyard will perform routine drydocking, maintenance and repairs of the Tug DEMOLEN, Crane Barge VELER, and Deck Scow BC-6576. In addition to drydocking the vessels, work includes underwater hull cleaning and maintenance; inspection of propulsion and steering systems; sea valves


Three USACE Vessels Drydocked at Great Lakes Shipyard

Photo: Great Lakes Shipyard

Great Lakes Shipyard announced it has been awarded a contract from the United States Army Corps of Engineers (USACE) Detroit District for the drydocking and repairs of the Floating Plant, based at the Detroit Field Station.   The shipyard will perform routine drydocking, maintenance and repairs of the Tug Demolen, Crane Barge Veler and Deck Scow BC-6576. In addition to drydocking the vessels, the yard’s work includes underwater hull cleaning and maintenance; inspection of


SapuraKencana GE Oil & Gas Services Bags PETRONAS FLNG Contract

L-R Mr. Lorenzo Simonelli, Datuk Abdullah Karim, Datuk M Anuar Taib, Encik Reza Abdul Rahim, Tan Sri Dato Seri Shahril Shamsuddin Courtesy SapuraKencana Petroleum Berhad

SapuraKencana GE Oil & Gas Services Sdn Bhd (SKGE), a joint venture between SapuraKencana Services Sdn Bhd and GE Power Systems (M) Sdn Bhd, has been awarded a Long Term Service Agreement by Petroliam Nasional Berhad (PETRONAS) Floating LNG1 (L) Ltd. (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels. A Contract Exchange ceremony for the award was held in Kuala  Lumpur on Thursday, 24 March 2016 between PFLNG and SKGE.


TRIYARDS Post 17% Revenue Growth

Photo TRIYARDS

 Turnover increased 17% in 1QFY17 driven by contributions across its diverse range of product offerings  Difficult market conditions and different mix of products has led to compressed margins  Successful diversification of product range and client base while maintaining excellent quality


Hempel Debuts Offshore Assets Coating Range

Hempadur Quattro XO 17820 and 17870, are being introduced to increase the service life and reduce on-station maintenance requirements of offshore assets Photo Hempel

Two new coatings, Hempadur Quattro XO 17820 and 17870, are being introduced to increase the service life and reduce on-station maintenance requirements of offshore assets by leading worldwide coatings supplier Hempel. The new high-performance pure epoxy uni-primers presented today (9 January)


Grand Bahama Shipyard Stayed Busy in 2016

V Ships USA LLC Boston - CSL Acadian (Photo: Grand Bahama Shipyard)

Grand Bahama Shipyard said it enjoyed a busy 2016, performing repairs, refurbishments and retrofits on vessels from all segments of the commercial maritime industry   The Caribbean shipyard Grand Bahama Shipyard Limited (GBSL) worked on 49 commercial vessels and 20 cruise ships throughout


Seacat Set for Offshore Wind Rush

Courtesy Seacat Services

Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction   9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services


Shipbuilder: 3D Access to Real-time Data in VR+ Module

Photo: Shipbuilder

Shipbuilder has started a real virtual reality (VR) revolution that enables full visual access to new and existing maritime projects.   Geert Schouten, director at Shipbuilder, said, “We are the first organization globally that has added useful features to virtual reality for maritime


Kalmar Cranes with SmartPort Automation for Oran port

Kalmar has won an order for seven rubber-tyred gantry (RTG) cranes from the Algerian port Photo Kalmar

Kalmar has won an order for seven rubber-tyred gantry (RTG) cranes following a call for tender launched by the Algerian port procurement company Groupement D'Interêt Commun Des Entreprises Portuaires (GICEP). The value of the order is approximately EUR 10 million


FORAN Signs Contract with NODOSA Shipyard

Photo: FORAN

The SENER engineering and technology group has signed a new contract with NODOSA SHIPYARD to install its FORAN CAD/CAM/CAE system to design and produce the shipyard's new projects.  This contract covers installing permanent FORAN system licenses in all design disciplines (Hull


IHI Delivers Drillship Hull to Singapore

Courtesy IHI

IHI Corporation (IHI) announced today that Drillship Hull for Singapore was delivered on December 17, which was constructed at IHI Aichi Works. Drillship is designed for the use in exploratory, completion and maintenance drilling of offshore oil and gas fields


Vessel Automation: Command & Control

console.jpg

The marine industry is becoming increasingly competitive, with many looking to lower transportation costs while demanding the highest environmental and safety standards. Automating vessel operations and systems can significantly improve a vessel owner’s competitive edge in the market


All in a Day’s Walk

Image: Kongsberg

Just over the horizon, a new ‘Integration Strategy’ promises offshore safety and efficiencies. Kongsberg’s Walk-to-Work technology is just the beginning.    Maritime technology has come on in leaps and bounds since the turn of the century


Wärtsilä, MOL Sign maintenance Deal for Two LNG Carriers

Wärtsilä increases operational safety and predictability for two LNG carriers of MOL LNG Transport (Europe) Ltd. Photo Wartsila

Wärtsilä has signed a ten-year maintenance agreement with MOL LNG Transport Europe Ltd., an affiliate of the Japanese MOL Group. The agreement, which covers two LNG carriers, increases the predictability of the vessels' operations, enhances safety and reduces operational costs


Tarbit Upgrades Its Safety Management System

Photo: Logimatic

Swedish tanker company Tarbit has signed a contract with Logimatic to implement SERTICA on its entire fleet.    Tarbit currently operates 14 tanker vessels and has ordered two new vessels, which brings them to a total fleet of 16 vessels in 2017


Delay Averted with Underwater Sterntube Renewal

Photo: Hydrex

Hydrex Underwater Technology has assisted an excavation vessel hemorrhaging oil from a stern tube seal entangled with steel wire to pass safely through the Panama Canal. The 156m long, Dutch-owned vessel was unable to make the canal transit until the propeller shaft seal had been repaired


CWind Provides Vessels for E.ON Offshore Maintenance

CWind, an  integrated service provider in the offshore wind industry, has announced that it supplied Crew Transfer Vessels (CTVs) to assist with blade repair operations at the offshore wind farm for E.ON, the wind farm site owner at Robin Rigg. 


Fuel Catalyst Makes Engines More Efficient

Photo: Power Fuel Savers

More complete combustion means less fuel needed, as well as reduced maintenance and unscheduled downtime, cleaner injectors, cleaner piston crowns, cleaner firing tubes   Engines are designed to run on refinery grade fuel. At the time fuel is refined, it is at its purest state; however






 
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