OSI Signs Agreement for Shuttle Tanker

Friday, January 04, 2008
Ocean Shipholdings, Inc. (OSI) has signed an agreement with ConocoPhillips and Samsung Heavy Industries. This agreement grants OSI the rights to the GoMAX 550 shuttle tanker design for transporting crude oil from the deep-water Gulf of Mexico directly to U.S. refineries. The diesel-electric powered, dynamically positioned 80,000 dwt double-hulled tanker design will have a capacity of 550,000 barrels of oil which can be loaded from various floating systems including Floating Production Storage and Offloading (FPSO) vessels. The GoMAX will be constructed to meet the Common Structural Rules (CSR) for Tankers. Designed by Samsung specifically for production in U.S. shipyards, the new shuttle tankers will meet the Jones Act requirement that vessels operating in the deep-water GOM be constructed in the U.S., U.S. owned, and crewed with U.S. citizens.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Gulf and Hendry Marine Consolidate Operations

Gulf Marine Repair Corporation, a southeastern tug-barge shipyard, announced it is consolidating operations with Hendry Corporation, its affiliated company and fellow shipyard,

Damen’s Norway Foray

The Damen Shipyard Group’s man in Norway likes picking up the phone these days. With offshore markets in the doldrums, a unique phenomenon is occurring: “Norwegians are talking to me,

It's All in the Planning

Continuing voracious demand for mined materials in China, India and other developing nations has led to an associated requirement for increased bulk terminal capacity

Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0893 sec (11 req/sec)