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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.


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


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


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


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


The U.S. Navy - Reducing Shipboard Planned Maintenance

The cost of maintaining Navy ships is measured in billions of dollars and millions of man-hours. Requiring sailors to perform excessive, unnecessary, and often counter-productive maintenance does more than waste money. It also wastes that most precious of commodities — sailors' time. This problem is being addressed by the U.S. Navy through the Surface Ship Maintenance Effectiveness Review (SURFMER) program. Since October 1996


BMT Wins Petrobras Cascade & Chinook Contract

BMT Engineer prepares Free-Standing Hybrid Riser (FSHR) data acquisition modules to go subsea.

BMT Scientific Marine Services (BMT) was contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook Free Standing Hybrid Riser Tower (FSHR) Monitoring System. This agreement includes five years of operation to support maintenance and repair of the FSHR monitoring system, including equipment replacement, change-out of batteries, repair of equipment, preventative maintenance, equipment refurbishment


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


Catamaran Passenger Ferries Delivered in Angola

Photo courtesy of Incat Crowther

Incat Crowther announced the delivery a pair of 30m catamaran passenger ferries, Macôco and Panguila, to Instituto Marítimo e Portuário de Angola. The vessels, built by Astilleros Armon in Spain, will be operated by subsidiary TMA Express.


Pemex Suspends Eviction of Workers in Campeche

Pemex Operation

  Due to the behavior shown by the low pressure system in the Gulf of Mexico, whose career was diverted in the last hours, the Technical Analysis Group Emergency Response Plan for Hurricanes (PREH) of Pemex, recommended the suspension of the removal of offshore platforms in Campeche.


General Dynamics: $19M for Sub Planning Services

The U.S. Navy has awarded General Dynamics Electric Boat an $18.9 million contract modification to perform reactor-plant planning yard services for nuclear submarines and support-yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).


ABB: Remote Monitoring Link to Fuel Efficiency

Anticipating the maintenance of equipment on board ships in order to increase fuel efficiency could be a “real game changer in the future,” said Andreas Zito, chief technical officer of the V.Ships group of companies. Condition-based maintenance, through remote monitoring


SYM Bolsters Shipowners Service Portfolio

SYM announced it has reorganized its technical services in three lines: Technical Services, Wet Docking Services and Electrical and Electronic Maintenance. Technical Services, which includes through SYM Engineering Technical Office ship design, naval architecture and marine projects


Newbuild Containership Enters CMA CGM Fleet

CMA CGM Elbe (Photo: CMA CGM)

The CMA CGM Group announced the maiden voyage of the CMA CGM Elbe on October, 14, 2014 in Dalian (China). The CMA CGM Elbe (9400 TEUs) is the second of a series of 28 vessels from 9,400 TEUs to 10,900 TEUs, vessels which will be delivered from now to the third quarter of 2016


Barge Master Installed on Walk-To-Work Vessel

Photo courtesy of Barge Master

On October 14 the Barge Master BM-T40 system motion-compensated knuckle boom crane pedestal was installed on the new Wagenborg Walk-to-Work vessel, designed and built by Royal Niestern Sander. The vessel and Barge Master system will be delivered in the first quarter of 2015


Willard Marine Names Sales Team Additions

Bob Beck Jr. (left), and Renée St. Lawrence

Willard Marine, Inc. (WMI), a manufacturer of composite and aluminum boats for 57 years, announced the appointments of Bob Beck Jr. and Renée St. Lawrence to its sales team. Beck joins the WMI Sales and Training team with more than 24 years of experience in the U.S


Wärtsilä Bags Wagenborg's Maintenance Contract

Multipurpose Dry Cargo Carrier Adriaticborg is one of the Wagenborgs 15 vessels under Wärtsilä maintenance

Wärtsilä and Wagenborg Shipping B.V. have signed in June 2014 a six-year Maintenance Agreement for fifteen of Wagenborg's dry cargo carriers. Under the agreement Wärtsilä will provide all maintenance planning and services for the installed engines and propulsion systems with


APM Terminals wins Battle for Moin Container Terminal

  The Supreme Court has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33-year concession contract for the new Moin Container Terminal (TCM) in Limon on the Caribbean coast of Costa Rica.


Northern Fleet’s Environmental Center in Arctic

Northern Fleet’s Environmental Center to appear in the Arctic

  The regional Environmental Center of the Northern Fleet will be established in the Arctic in the near future. The news agency TASS reported the news with reference to the Deputy Russian Defense Minister Army General Dmitry Bulgakov.


MOL Launches Ship Management, Training Businesses

Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the company has established MOL Synergy Marine (Singapore) Pte. Ltd. jointly with Synergy Group , a ship management services group in Chennai, India, to provide ship management and crew training services.


Philippines Approves $3.7 bln worth of new PPP projects

Philippine President Benigno Aquino on Friday gave authorities the go-ahead to offer for tender 165.6 billion pesos ($3.7 billion) worth of new infrastructure projects under his flagship Public-Private Partnership program in line with efforts to upgrade ageing roads, airports and ports.


Corvus Gains Support from WINN Initiative

Corvus Energy announced today the award of $1.3 million in repayable assistance from the Western Innovation (WINN) Initiative for its project to further develop the Corvus Energy Storage System. The Corvus Energy system provides industrial scale energy storage to enable customers to power or


B COOL Acquires MEMAC

Image courtesy of B COOL A/S

With the acquisition of MEMAC, B COOL A/S now offers customers one entry to multiple maritime systems – both refrigeration solutions and monitoring of the engine rooms and other technical plants of the ships. B COOL A/S said it has acquired MEMAC






 
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