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 Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Singapore’s MPA Discuss LNG Bunkering

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

Key to Somalia's Recovery

Piracy, terrorism and criminal activities originating in Somalia can only be addressed by creating a climate of security, engagement and empowerment that will encourage home grown businesses,

Long Beach Port Honors OOCL Executive

Andrew Tung, CEO and Managing Director of Orient Overseas Container Line, was presented today with the prestigious “Port Pilot Award” by the Long Beach Board of Harbor Commissioners.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Port Authority Salvage Ship Electronics Sonar Winch
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: 0.1276 sec (8 req/sec)