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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

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

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.

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

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.

Moore Stephens: 4th Straight Year of Operating Costs Decline

Richard Greiner (Photo: Moore Stephens)

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015.   This compares with the 0.8% average fall in costs recorded for 2014, and is the fourth successive overall year-on-year reduction

VOS Start Equipped with Barge Master Gangway

Photo: Vroon

Vroon has  announced that walk-to-work vessel VOS Start is to be equipped with the brand-new Barge Master Gangway.   This unique combination will enable safe and efficient transfer of personnel and cargo. The Barge Master Gangway incorporates an access tower with elevator

ACE Winches Introduces New 500te Linear Winch

Photo: ACE Winches

At this year’s Offshore Energy exhibition, global deck machinery specialist ACE Winches announced a new 500te Linear Winch to its range of specialized deck equipment. The company will showcase its range of products and services supplied to European clients operating within marine

Sea Trucks Wins IMR Work in West Africa

Jascon 55 (Photo: Sea Trucks Group)

Netherlands-based Sea Trucks Group (STG) said it has secured a contract award from an oil major in West Africa. STG was awarded an inspection, maintenance and repair contract for anoil major in West Africa with commencement during Q4 2016

Inland Water Transport Terminal to Come up in Kolkata, Patna

Photo: India-WRIS

 Inland water transport terminals will come up in Kolkata and Patna under the public-private partnership (PPP) model with the Inland Waterways Authority of India (IWAI) having identified development and operation of Kolkata Terminal’s GR Jetty -I

Hajioannou Takes on Safe Bulkers Newbuilds

Courtesy Safebulkers

Safe Bulkers, Inc. announced today that the Company has agreed to novate an existing newbuild contract for Hull No. S835, a Japanese Panamax class vessel, and sell, upon delivery, Hull No. 1551, a Japanese Kamsarmax class vessel, in each case, to entities owned by Mr


Montestena (Photo: IBAIZABAL TANKERS)

Spanish IBAIZABAL TANKERS has purchased two SeaCURE ballast water management systems (BWMS) from Evoqua Water Technologies to help ensure compliance with International Maritime Organization (IMO) ballast water regulations coming into force in 2017.   

Sea Trucks Secures Contract in Nigeria

Jascon 30 (Photo: Sea Trucks Group)

Sea Trucks Group said its principle Nigerian business, West African Ventures, has been awarded a contract for the provision of an accommodation vessel to a deepwater field, offshore Nigeria.  | The scope of work covers accommodation support services for 250 pax

Saab Inks RBS15 Mk3 teaming Deal with MESKO

RBS15 Mk3 Photo SAAB

Defence and security company Saab has signed a teaming agreement with the Polish defence company MESKO, a member of Polish Armament Group (PGZ), for the long-term maintenance and support of the Polish Navy's RBS15 Mk3 surface-to-surface missile system.

Winson Oil buys VLCC for Med Storage

Buys VLCC to store gasoil in Mediterranean. Hong Kong-based trader Winson Oil has bought a very large crude carrier (VLCC) to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. The step could boost Asian gasoil margins if the firm enters

NYK Jointly Develops Innovative Anti-rust Agent

Marine Guard 100 (MG 100), has rust conversion properties Photo NYK

NYK and Agua Japan Co. Ltd. have jointly developed an innovative anti-rust agent to prevent iron and steel rust on vessels. The new agent, Marine Guard 100 (MG 100), has rust conversion properties, and paint containing the agent can be applied to metal surfaces.  

MTS Expands Fleet With Multipurpose Landing Craft

MTS Terramare (Photo: MTS)

Marine services provider Marine and Towage Services Group Ltd. (MTS) said it has purchased MTS Terramare, a multipurpose landing craft. The vessel enables the delivery of cargo, construction equipment and other materials directly onto land, without the need for dedicated dockside facilities

Brunswick Wins $72 Mln Order from US Southern Command

Photo: BCGP

Brunswick Commercial & Government Products (BCGP) said it has been awarded a multi-year, multi-unit contract valued at $72 million.   The single-award, indefinite-delivery/indefinite-quantity contract is for both 32-foot and 37-foot Boston Whaler Justice boats and will include spare

Lind Marine Acquires Moose Boats

Photo: Moose Boats

Lind Marine, a Petaluma, Calif. dredging contractor which provides tug and barge services throughout the San Francisco Bay area, has acquired Moose Boats, an aluminum commercial boat building company.   Lind Marine currently operates a five-acre shipyard including a 430ft dry-dock and 1

ABB Turbocharger PM Model Demonstrates RoI

Approximately 200,000 ABB turbochargers are in operation across the globe on ships, power stations, gen-sets, diesel locomotives and large, off-highway  vehicles. Image ABB

Independent study demonstrates that ABB’s Preventive Maintenance model for turbochargers achieves significant cost and operational benefits ABB announced study results which show a 202% return on investment (ROI) from using ABB Preventive Maintenance

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