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Stena Offshore

Coflexip Stena Offshore Wins Bongo Installation Deal

Coflexip Stena Offshore International has been awarded through Single Buoy Moorings (SBM) a significant part of the mooring and installation package for Shell Nigeria Exploration & Production Company's (SNEPCO) Bonga field development. This field is located in OML* 118 some 120 km offshore Nigeria's Niger Delta South West coastline in 3,600 ft. (1,100 m) of water. The field is operated by SNEPCO (55%) on behalf of Nigerian National Petroleum Company in partnership with Esso Exploration and Production Company Nigeria Ltd (20%), Nigeria Agip Exploration Ltd (12.2%) and Elf Petroleum Nigeria Ltd (12.5%). CSO International's scope will cover project management, engineering, procurement, transportation and installation of three dynamic 19-in. ID flexible oil offloading risers, each 7,010 ft., for installation between the FPSO and the Single Point Mooring buoy. This will constitute the first use in the world of flexibles of such a length as export risers, between an FPSO and an offloading buoy. These 19-in. ID flexible risers will be manufactured at the Group's Le Trait plant in Normandy, France, during the autumn of 2002, and are designed to withstand over 20 years of service. In addition, CSO's work includes the project management, engineering and installation in 3,600 ft. water depth of more than 55 km of gas lift risers and control umbilicals together with the installation of 5 large manifolds, each weighing 140t.


Coflexip Stena/Kvaerner Finalize Acquisition Plans

Coflexip Stena Offshore, along with Kvaerner is finalizing the acquisition of the business of Houston-based pipeline engineering company Kvaerner R.J. Brown (KRJB). Closing was expected to occur on March 31. Known as a pipeline engineering company specializing in the design and installation of pipeline bundles and risers for deepwater applications, KRJB is renowned for its offshore pipeline design and towing techniques for more than 30 years.


S&P May Cut Coflexip SA BBB-Plus Rating

Standard & Poor's placed on CreditWatch with negative implications its triple-'B'-plus long-term corporate credit rating on Coflexip S.A., the parent company of the Coflexip Stena Offshore group. The 'A-2' short-term corporate credit rating was affirmed, as the long-term rating will not fall below triple-'B' The rating action follows a previous announcement that Coflexip has entered into a conditional agreement to acquire the deepwater division of Norway-based Aker Maritime ASA in a cash


Fairmount Fuji Assisted Stena Icemax

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Fairmount Marine’s multipurpose support vessel Fairmount Fuji has assisted drill ship Stena Icemax while making a stop-over at Cape Town. On request of the owner of Stena Icemax the Fairmount Fuji carried out several cargo runs from the port of Cape Town to the anchorage. Stena Icemax was under way from the Far East to French Guiana and required to make a stop-over at Cape Town for crew change and replenishment


Stena Bulk Orders New Generation Tankers

Stena Bulk has confirmed an order for two in-house designed Suezmax tankers from Samsung, South Korea for delivery in 2011. The 158,700 dwt vessels, with a length of 899 ft and a beam of 157.5 ft, will be when delivered the largest tankers in Stena Bulk’s fleet. Also included are two optional sister vessels, declarable spring 2010. Nearly $7m extra per vessel has been invested in state-of-the-art technology in order ensure the highest environmental class including minimum 10 percent


Stena Polaris Completes Northeast Passage

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After 35 days at sea, the Stena Polaris has arrived at the port of Yousu in South Korea. She has sailed via the icy and harsh Northeast Passage along Russia’s northern coast. After arriving at her final destination, the ship was celebrated with representatives of the South Korean government, the corporate management of both Hyundai and the Stena Group and the port authorities attending. The Stena Polaris began her voyage on September 17 in the port of Ust Luga in the Gulf of Finland


Stena Bulk Strikes Deal with Neste Oil

Stena Bulk has sold 50 percent of the tanker Stena Arctica to the Finnish oil company Neste Oil, which will also operate the vessel on a 10-year charter from 1 January, 2007 – mainly to transport oil from Primorsk to the Finnish port Porvoo in the Baltic. The 117,100 DWT Stena Arctica was delivered at the end of 2005 from the shipyard Hyundai Heavy Industries in South Korea and is the world’s largest tanker with the highest ice class (1A Super) currently in service.


General Maritime to Sell, Leaseback Product Tankers

General Maritime Corporation (NYSE: GMR) announced that it has entered into memoranda of agreement to sell three product tankers, the 2004-built Genmar Concord, the 2005-built Stena Concept and the 2005-built Stena Contest, to affiliates of Northern Shipping Fund Management Bermuda, Ltd., an alternative capital provider to the shipping and offshore oil service sectors.  General Maritime will receive net proceeds totaling $61.7m for the sale of the three vessels


Stena Bulk Appoints Kihlberg

Stena Bulk, an international tanker owner controlling a fleet of more than 75 tankers from seven offices in six countries, announced the appointment of Mr. Jonas Kihlberg to the position as Senior Vice President of the Stena Bulk Group Worldwide and Head of Stena Bulk LLC. In his position, Kihlberg will focus on expanding and strengthening the market presence and profitability in US/Central and South America. Kihlberg will take up his new role from Stena Bulk's offices in Houston, Texas, USA


Stena Orders Ferries from Samsung

Stena Line has ordered two new RoPax vessels from Samsung Heavy Industries in South Korea. The vessels will be put into service in 2011 and are planned to operate the route Rotterdam-Harwich. The two new RoPax vessels will be built in South Korea by Samsung Heavy Industries. The shipyard has previously built a number of shuttle tankers and ice-class tankers for Stena Bulk. The two new RoPax vessels are sister ships to the Stena Trader and the Stena Traveller


Concordia Settles: $9.25m for Grounding

Concordia Maritime entered into a settlement agreement regarding a dispute associated with Stena Primorsk’s grounding in the Hudson River in December 2012. According to the settlement agreement, Concordia Maritime will pay $9.25 million to the counterparty.


Alfa Laval HCO Filter Approved for Validation Testing

Image: Alfa Laval

A manufacturer of two-stroke engines has agreed to validation tests of an Alfa Laval hydraulic control oil (HCO) filter . The approval to test the final HCO filter design comes after concept testing on the crude oil tanker Stena Suède.  


Concordia Maritime Inks P-MAX Tanker Contract

Stena Polaris (Photo: Concordia Maritime)

Concordia Maritime has signed a new consecutive voyage contract for the P-MAX tanker Stena Polaris. The contract, which comes into effect in May 2016, is for one year. The contractual partner is one of the world’s largest oil and gas companies.


Stena Orders Ro-pax Newbuilds from China

Stena Line ro-pax newbuild to be built at AVIC Weihai Shipyard (Image: Deltamarin)

Stena RoRo, a subsidiary of the Swedish ship owner Stena AB, and AVIC International Ship Development (China) Co. Ltd. have signed a contract, subject to board approval, for four ro-pax ferry newbuilds, including option for another four. These will be some of the first ro-pax ferries to be built in


Stena Weco Impulse Delivered from China

Stena Weco Impulse (Photo: Stena Weco)

The chemical and product tanker Stena Weco Impulse, jointly owned on a 50-50 basis by Stena Bulk and the Danish Weco Group, has been delivered from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou.  


Concordia Maritime Signs Time Charter Contract

Photo: Concordia Maritime

Concordia Maritime has signed a contract to charter out another P-MAX tanker, Stena Progress.   The contract, which comes into effect in April 2016, is for three years. Contract partner is a national oil company. “We are continuing to take advantage of the market momentum by


US Coast Guard's Top Priority: Offshore Patrol Cutter

Photo: U.S. Coast Guard

 The U.S. Coast Guard’s “number one priority is the offshore patrol cutter,” the service’s commandant told the House Appropriations Homeland Security Subcommittee Thursday, reports U.S. Naval Institute.    The service will be looking again at its force-mix


EU Offshore Wind to Grow up to 2020

An offshore wind farm installation (file image: Siemens)

New capacity more than doubled in 2015 due backlog; existing projects to bring more expansion in coming years. Growth in new offshore wind capacity in Europe is to slow this year after more than doubling in 2015, an industry report said on Tuesday.


Stena Bulk’s IMOIIMAX Tanker Named in Hong Kong

Photo courtesy of Stena Bulk

The chemical and product tanker Stena Imperative was yesterday named at China Merchants Wharf in Hong Kong.   The vessel, an IMOIIMAX MR tanker, is wholly owned by Stena Bulk and was delivered a few days ago from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME*) in


Stena Bulk Takes Delivery of Product Tanker

Image: Stena Bulk

The chemical and product tanker Stena Imperative has been delivered from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou. The naming ceremony will be held in Hong Kong on January 26, 2016.  


Capital Product Partners Declare Cash Distribution

Photo Capital Product Partners

Capital Product Partners L.P. a Marshall Islands master limited partnership and an international owner of modern tanker, container and drybulk vessels today announced that its board of directors has declared a cash distribution of $0.2385 per common unit for the fourth quarter of 2015 ended


Barham Named UK Ship Register Director

Simon Barham (Photo: UK MCA)

Simon Barham has been appointed as the first U.K. Ship Register Director at the Maritime and Coastguard Agency, scheduled to start his role in February 2016.   Barham brings to the position both commercial and technical experience from his 40 year career in the industry


Methanol a Viable Marine Fuel -Report

Stena Germanica (Photo: Stena Line)

Methanol has a "historic opportunity" as a marine fuel, according to a new report published today by research group FCBI Energy.   Despite having many attributes that make methanol an attractive, low-emissions marine fuel, it has sometimes been overlooked in policy and industry


New Dog Kennels for Stena Line Ferries

Photo: IPS Marine Fabrications

Merseyside engineering firm IPS Marine Fabrications is helping ferry operator Stena Line expand its accommodation for man’s best friend after securing a deal to build a series of bespoke dog kennels.   The operator Stena Line aims to improve pet facilities with bespoke kennels on


Concordia Maritime Charters MR Tanker

Concordia Maritime has signed a contract for the charter of an IMO2/3 class MR tanker, the company announced today. The vessel will be chartered jointly with Stena Weco, and Concordia Maritime's share amounts to 50 percent. The contract, which comes into effect at the end of November 2015






 
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