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Fts News

27 Feb 2023

Brazil's FTS Group Wins Auction for Paranagua Port Terminal

© Amarinj / Adobe Stock

FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in Brazil for grains and sugar, amid an uptick in shipping activity in the country.The group will have to invest at least 338.2 million reais ($64.91 million) in expansion works at the port's terminal called PAR50, which deals with transport and storage of bulk liquids, said Portos do Parana, which manages ports in the southern Brazilian state of Parana.Luring private investors to logistics projects is crucial for Brazil…

19 Jul 2020

Oldendorff Presses on With Its Newbuild Program

(Photo: Oldendorff)

German shipowner Oldendorff Carriers says it has recently taken delivery of two new bulk carriers, continuing a string of newbuild deliveries from Chinese and Japanese shipyards.The 63,000 tdw Ultramax Britta Oldendorff and 100,000 tdw Post-panamax Diane Oldendorff, both built by Japanese yard Oshima Shipbuilding and handed over during the second quarter of 2020, are among 23 bulk carrier delivered to Oldendorff since early 2019. The vessels were mostly ordered between 2015 and 2017 at "attractive prices"…

21 Feb 2019

LNG Bunkering Takes Off in Rotterdam

The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile, the sale of bunker oil - fuel for shipping - in the bunker port decreased from 9.9 million m3 to 9.5 million m3. The decrease can almost entirely be ascribed to the decline in sales of heavy fuel oil from 8.3 million m3 to 7.9 million m3.The Port of Rotterdam Authority suspects that the decline in bunker volumes in Europe’s largest bunker port is a consequence of the increased scale and use of modern vessels in container shipping. Supplies to container ships account for approximately 70 per cent of the total Rotterdam bunker market.These days, LNG bunkering in Rotterdam is business as usual.

23 Jan 2016

Keppel Profits Fall

Singapore-based rig builder Keppel Offshore & Marine saw profits fall for last year along with revenues. It also revealed work had slowed on rigs being built for Sete Brasil with the Brazilian company not making payments in over a year. Keppel’s profit was S$481 million for the full year., down 54% from S$1,040 a year ago. For the quarter O&M business recorded a net loss of $61 million. It posted a net loss of $42.54 million for Q4 2015, down from a net profit of $200.18 million in the previous year, with the decline attributed to lower volume of work and deferment of some projects. Keppel Corporation has halted work on its projects for Sete Brasil and made a provision of about $230 million for the possible write-offs, said chief executive Loh Chin Hua.

13 Jul 2015

Keppel Secures $85 mln Liftboat Order

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from Crystal Heights Holdings Limited, a company specializing in the offshore oil and gas market, to build a high specification liftboat worth $85 million. The liftboat is designed by Keppel O&M's liftboat design specialist, Bennett Offshore in collaboration with Keppel FELS. Scheduled for delivery in 4Q 2017, the liftboat will have provisions enabling it to operate in China, the Middle East and the Gulf of Mexico. Liftboats are dedicated vessels used to support offshore platforms in construction, accommodation and well intervention as well as maintenance and installation.

15 Apr 2013

Keppel Wins $226m Offshore order

Keppel Offshore & Marine’s 2013 to-date total to $1.8 billion (USD). Mr. Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS said, "Falcon Energy entered the offshore oil drilling business when they ordered two jackup rigs from China in 2011 ... Falcon Energy has chosen the KFELS Super B Class design for their new high specification jackup rig, which will be built at our yard in Singapore. "So far this year, Keppel FELS has already delivered six rigs ahead of schedule, safely and on budget. For the latest delivery of AOD II, a KFELS B Class jackup, to Asia Offshore Drilling, we received a bonus of about US$2 million for completing the rig 62 days early.

23 Jan 2009

Chemoil Low Sulfer Fuel Oil Barge

Chemoil, physical suppliers of marine fuel products, has added to its barge fleet with a new delivery barge dedicated to the supply of low sulfur fuel oil in the port of Rotterdam. The newbuild will improve the efficiency and safety of its services as demand for LSFO continues in the Antwerp-Rotterdam-Amsterdam (ARA) region. Named the Laurentien after the Dutch Princess from the Royal House of the Netherlands, the new bunker barge has a range of capabilities that are suited to…

05 Apr 2002

Moose Boats Launches New Design

Moose Boats announced its latest boat design, the S3000, an outboard catamaran, during the Fred Hall Fishing Tackle and Boat Show, March 6 - 10, at the Long Beach Convention Center. With twin Yamaha 225 HP, four-stroke, fuel injected outboards and the catamaran design; the S3000 has a top end speed of 40 knots and a cruise speed of 32 knots. The overall length is 32.5 ft. and weighs approximately 8,800 lbs. dry and holds 300 gallons of fuel, which provides a comfortable 450 mile range. Moose Boats only builds aluminum catamarans. The S3000 is the first outboard fishing boat that takes full advantage of this stable cat design. The all welded aluminum hull makes the S3000 a rugged, all weather boat that can handle the most demanding sea conditions.

13 Dec 2004

AFT-Chemoil’s New Barge Christened

AFT-Chemoil’s newest barge, the Amalia, was named in Rotterdam on December 9th.The Amalia will immediately go into operation alongside the Maxima which started service in 2003. Both barges are jointly owned by AFT-Chemoil and Rotterdam barge operator FTS-Hofftrans. The Amalia has a capacity of 4,200 mts while the Maxima’s capacity is 6,745mts. In combination the two barges provide AFT-Chemoil a significant strength in the Rotterdam bunker market. Both barges are ideally suited to the requirements of today’s newest containerships for larger volumes and faster pumping rates. Using the two barges together AFT-Chemoil can now deliver through one hose connection quantities in excess of 10,000 mts at rates exceeding 1,000 mts per hour.

04 May 2007

Telenor Satellite Services Awarded Contract

Telenor Satellite Services, a subsidiary of Telenor of Norway has received a General Services Administration (GSA) Federal Technology Service (FTS) contract to provide a wide variety of mobile and fixed satellite communications products and services to the United States government. Under the provisions of the indefinite delivery, indefinite quantity contract, known as SATCOM-II, government agencies and authorized government contractors can continue to purchase services directly from Telenor Satellite Services. A number Telenor's service partners were also among the companies awarded a GSA FTS SATCOM-II contract.

09 Jun 2003

People & Company News

Michael Carthew, President, Chevron Texaco Shipping and Dean Taylor, President and CEO, Tidewater Marine were elected to the ABS Board of Directors, by the ABS Council, following yesterday's Annual Members Meeting of the classification society in New York. General Dynamics announced the appointment of John F. "Dugan" Shipway, 60, as president of Bath Iron Works, reporting to Michael W. Toner, executive vice president of General Dynamics Marine Systems group. Shipway succeeds Allan C. Cameron, 57, who has announced his retirement. Cameron had been president of Bath Iron Works since 1996. Edwin W. Stephan, a founder and former longtime president and vice chairman of Royal Caribbean Cruises Ltd., will retire from the Board of Directors following the company's May 20 annual meeting in Miami.

28 Apr 2003

Chemoil / All Round Fuel Trading Debut New Barge

The 6,745 metric tonne (mt) Maxima is now operational in Rotterdam. The Maxima represents the future for European bunker supplies. The double-hulled tanker barge was launched in Rotterdam of the Maxima. Jointly owned by bunker supplier Chemoil / All Round Fuel Trading BV (Chemoil/ARFT), fuel oil transportation company FTS/Hofftrans, and shipbuilder Breko Nieuwbouw under the name Maxima Tankers BV, the Maxima will begin operations on April 29.