Vinashin Builds Oil Tank for PetroVietnam

Tuesday, December 19, 2006
Vietnamese state-owned shipyard Vinashin has clinched a $110m order for a floating storage and offloading (FSO) unit for an affiliate of state giant PetroVietnam. Under an agreement signed between Vinashin and Petroleum Technical Service Company (PTSC), FSO-05 will be designed to have a loading capacity of 150,000 tons and handle 15,000 tons of oil a day.

It is to be built in the next 17 months. Vinashin said it would use advanced British technology to build the FSO. FSOs are usually used in oil fields where it is impossible to lay pipes linking the drilling platform with onshore facilities. The drilling platform transfers oil to the FSO where it is stored until a tanker arrives. PTSC, which provides oil and gas technical services for both domestic and foreign companies in Vietnam, has plans to expand into Southeast Asia. Earlier this month Vinashin won a $536mcontract to build eight vessels for Hoegh Autoliner of Norway. The shipbuilder is expected to rack up revenues of $1b this year, up from $690 in 2005. Along with its 20 subsidiaries it has helped Vietnam become the world’s 11th largest shipbuilder. Thanhnien

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

Contracts

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Viking Orders 2 Liebherr Cranes

An LR 1300 with super lift equipment and an LR 1160 crawler crane will strengthen the fleet of Viking Cranes. The Tallinn-based company with branch offices

KPCT Launches New Gulf Service

Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector.

Environmental

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Sea Urchin Haven Disturbed by Oil Spill

Stephanie Mutz makes a living plucking sea urchins from the Santa Barbara coast and selling the prickly treasure to upscale restaurants in Southern California.

Oil-coated Pelicans Being cleaned at Rehab Center

Several petroleum-stained pelicans rescued from the blackened muck of California's latest oil spill spent the day on Friday being gently, painstakingly scrubbed

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair 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: 0.2225 sec (4 req/sec)