Marine link
 

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.


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


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


Statutory Alert: Revised IMO Guidelines for Maintenance

Revised IMO guidelines for maintenance, testing and inspection of fire protection systems and appliances will become effective on May 31, 2013 and are contained in the circular MSC.1/Circ. 1432. These guidelines should be followed in accordance with SOLAS regulation II-2/14, which requires that all fire protection systems and appliances are kept in good order and that a maintenance plan is developed. The guidelines state that certain maintenance procedures and inspections may be


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


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


Tallink-Silja Installs MPM Upgrade for STA

Photo: Marine Softwear

U.K.-based Marine Software Ltd has delivered an MPM Marine Planned Maintenance upgrade to Tallink-Silja for installation onboard their Swedish flagged vessels "Silja Symphony" and "Galaxy." Project "Systemtillsyn" is a way for the Swedish transport agency to devolve a large portion of their survey responsibility to the crews on Swedish flagged vessels. The Swedish Transport Agency has a survey guide book (THB) which contains all 480 survey items applicable to


DoD Award Dredging, Ship Maintenance, Charter Contracts

USS Pearl Harbor: Photo USN

US Department of Defense informs of placement of contracts for Chesapeake Bay dredging, dry-docking of USS Pearl Harbor, and charter of surface escort vessels. Details as follows: 1. Dredging Norfolk Dredging Company, Chesapeake, Virginia, has been awarded $18,784,248 for a dredging requirement for Baltimore harbor and channels. Maintenance dredging will take place in various channel sections in the Chesapeake Bay, Maryland


ABS Nautical Systems Inks Contracts in Greece

ABS NS Logo from Web.jpg

ABS Nautical Systems has signed two new contracts in Greece with Millenia Maritime Inc. and TMS Tankers Ltd.  Both companies will benefit from the ABS Newbuild Program which offers free software to ABS-classed vessels built after 1 January 2009.   Millenia Martime Inc. will be installing the Hull Inspection and Maintenance & Repair modules from the NS5 Enterprise software suite on nine of its ABS-classed chemical carriers as a way to test a potentially more user-friendly


Great Lakes Shipyard Winter Season Contracts

Great Lakes Shipyard Facility: Photo credit Great Lakes Shipyard

Great Lakes Shipyard contracted by Interlake Steamship Company to perform winter work services on two vessels. Two more vessels have arrived: Interlake Steamship vessels, the ATB Dorothy Ann and the Pathfinder, are in Cleveland and  docked at Great Lakes Shipyard's facility. A variety of work is to be done, including: miscellaneous steel work, generator maintenance, main drive unit maintenance, and other miscellaneous tug and barge repairs and maintenance.


Andrews to Lead CWind’s O&M Division

Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services.   Andrews joins CWind from Siemens Energy where he started his career as an apprentice technician 25 years ago and progressed through increasingly senior


Seaspan Shipyard's Prompt Response to Canadian Coast Guard

Brian Carter, President, Seaspan Shipyards

Seaspan Shipyard’s long-standing relationship with the Canadian Coast Guard was proudly showcased in recent days, with simultaneous repair and maintenance work on Coast Guard vessels at all three of the company’s shipyards – Vancouver Drydock


Energy Storage System Ordered for LNG Battery Hybrid Ferry

Photo: Corvus Energy

Norwegian hybrid to be the first LNG battery ferry to operate on commercial routes Corvus Energy, Siemens AS and Fjord1 have announced the award of the contract for the Fannefjord LNG hybrid ferry. The refit Fannefjord will use a 1,050V, 410kWh Energy Storage System (ESS) consisting of 63


Hybrid Ferry Completes Three-month Trial

Hybrid Ferry MF Finnøy

Corvus Energy announced the completion of the three-month trial of the hybrid ferry MF Finnøy.  The refit vessel used a 960V, 260kWh Energy Storage System (ESS) consisting of 40 Corvus Energy AT6500 advanced lithium polymer batteries


Harvey Gulf Makes Software Investment

Harvey Gulf.jpg

Harvey Gulf International Marine recently deployed Advanced Logistics’ marine management system SAMM and preventative maintenance module Preventer on its fleet of marine transportation vessels. The software allows a vessel to generate operational reports onboard and transmit the data to


TURBOMED Opens Service Station in Shanghai

Photo: TURBOMED

TURBOMED S.A. has established a new service station in Shanghai, China as a move to expand its presence in the worldwide marine industry. Furthermore, Yiannis Paraskevopoulos, Owner of TURBOMED S.A., decided to instate in Shanghai a Greek mechanical engineer, Nikos Paraskevopoulos


Damen Delivers Tug for Scrabster Harbor

Stan Tug 1606, Highlanders

Scrabster Harbor Trust (UK) has taken delivery of a new harbor tug / workboat, a Damen Stan Tug 1606. The vessel, named Highlanders, will replace itscurrent workboat which was built in 1976. The new tug will undertake pilotage, towing, general harbour and maintenance duties.


Moroccan Frigate Docked for Maintenance

Tarik Ben Ziyad in drydock, ready for repairs (Photo: Damen)

Dutch-built, multi-mission naval vessel at Damen Shiprepair Brest for first scheduled docking The Royal Moroccan Navy’s frigate Tarik BenZiyad has returned to the Damen Shipyards Group for its first routine drydocking after three years of operation


Cummins Launches New Engine for VSDE

QSK50 marine engine (Photo courtesy of Cummins)

Cummins Inc., a manufacturer of diesel engines for the commercial marine industry, announced the availability of the QSK50 marine engine for variable speed diesel electric (VSDE) applications. The 50-liter platform has been used in traditional fixed speed diesel electric applications


Cruise Newbuilds Feature Seawater Lubrication

Thordon COMPAC seawater lubricated propeller shaft bearings fitted to bronze carriers

The Viking Star, a47, 800GTcruise ship, is one of three Viking Ocean Cruises’ newbuilds to opt for Thordon COMPAC seawater lubricated propeller shaft bearings. Constructed at Fincantieri’s Marghera shipyard, the 944-passenger Viking Star is the first of three new ships equipped with


Fire-stricken Shipbuilder Enters Voluntary Administration

The Royal Australian Navy patrol boat HMAS Bundaberg caught fire while undergoing maintenance in August (Photo courtesy of the Royal Australian Navy)

Brisbane-based shipbuilders Aluminium Boats Australia Pty Ltd has been placed into voluntary administration after a shipyard fire in August has set the company toward financial instability. The fire, which occurred at the company’s Hemmant dockyard 11 weeks ago


Davie Inks Two Ship Repair Contracts

Photo: Davie

Chantier Davie Canada Inc. announced the signing of two new contracts, one with CSL Group and the other with the Canadian Coast Guard. Davie’s contract with CSL Group will see CSL Group’s MV Baie St. Paul arrive in the shipyard in January for a period of six weeks to perform repair


New Abu Dhabi Ship Repair Yards Operational

DRY DOCK & WET BERTHS located at ABU DHABI NEW FREEPORT

  Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations and has carried out afloat and dry docking jobs on more than thirty vessels.


Long Beach Port Appoints 4 Executives

...

  The Long Beach Board of Harbor Commissioners continued to fill key positions in Harbor Department leadership ranks this week with four additional appointments of experienced executives to oversee Port of Long Beach operations. The four professionals all have long and valuable experience


Schottel Optimizes Training With Simulator

Image: Courtesy Schottel

Since autumn 2014 customers can exercise their handling and knowledge of SCHOTTEL propulsion systems in the SCHOTTEL Academy by using a training simulator.   Academy participants are seated as if on the bridge of a real vessel and learn how to deal safely with the different SCHOTTEL






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright