Contract Signed for LNG Powered Ship

Friday, June 30, 2006
Statoil has awarded Eidesvik Shipping AS the contract for the delivery of a supply ship fuelled by liquefied natural gas (LNG). Running for a period of five years from October 2006, with three one-year options, this contract is worth almost NOK 370 million, including options. This is a Vik Sandvik 493 LNG-Avant ship of the same design as Viking Avant, which is already chartered by Statoil. The new ship is planned to transport supplies from Kristiansund to the Halten/Nordland area. Statoil is the only company that uses LNG-fuelled ships in offshore operations worldwide. “Statoil has two LNG-fuelled ships under existing contracts. They have performed to our full satisfaction, not least in terms of the environment. LNG-fuelled ships emit considerably less NOx and carbon dioxide than conventional diesel-powered ships,” says Anne Therese Hestenes, senior vice president, operations support, in the Exploration & Production Norway business area. The emissions of nitrogen oxides (NOx) are expected to be cut by almost 90%, which represents 160 tonnes per year. This corresponds to the annual NOx emissions from 20,000 cars. The carbon emissions will be reduced by approximately 20%. The supply ship, which is under construction at the Westcon shipyard at Ølen in south-western Norway, is scheduled to be delivered in the autumn of 2007. Another ship will be used during the construction of the LNG-fuelled ship.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Teekay Renews Hull and Propeller Monitoring for LNG Carriers

Canada-based shipping company Teekay Corporation has renewed its contract with Propulsion Dynamics for its hull and propeller performance monitoring system CASPER Service.

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

Shipbuilding

Keel Laid, Fabrication Started on 2 Navy Warships

This week, General Dynamics Bath Iron Works celebrated two milestone events for the Arleigh Burke-class program. On October 30, Bath Iron Works held a keel laying

AVEVA E3D Takes Center Stage

Customer case studies combine with advances in asset visualization and cloud technologies to showcase a new era in the creation and management of complex Digital Assets.

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1225 sec (8 req/sec)