JES International Kickstarts Maiden Offshore Project

Posted by Michelle Howard
Thursday, December 12, 2013

Mainboard-listed JES International Holdings Limited, a private shipbuilding group based in the PRC, announced that the group has commenced the steel cutting for its first two Platform Support Vessels (PSV) at its shipyard located in Jingjiang City, China.

According to the builder, the UT 755 LN Platform Support Vessel is of a sophisticated and well known design, utilizing a comprehensive package from Rolls Royce which includes design and engineering services, as well as all main equipment. The vessels have a capacity of approximately 3,100 deadweight metric tons and a length of 77 meters, built under DNV classification. JES secured a total of four PSVs in the fourth quarter of 2012 from a customer based in Norway - Vega Offshore Management AS. The first two PSVs are expected to be delivered in 4Q2014 and 1Q2015.

Vega Offshore is an offshore support vessels owner, operator and commercial manager that has taken delivery of eight offshore support vessels from other Chinese yards over the last 18 months. The series of UT 755 LN from JES is part of Vega Offshore’s plans to grow its fleet of vessels. Vega Offshore is already looking into long term employment for the first two units. Their first eight vessels are all operating in Brazil waters on long term contracts with Petrobras.

JES said it is focused on the smooth execution of the UT 755 LN’s construction in building its track record as the UT 755 LN PSV shall form the base of JES’ PSV product range to foray into the offshore oil and gas sector. The group believes more contract wins for UT 755 LN PSV will consequently follow due to the PSV’s functionality and practicability. Based on the group’s understanding, future demand for medium-sized PSVs such as the UT 755 LN is still strong and new order wins are hopeful over the coming months.

“We are very excited to see the commencement of construction for the first UT 755 LN project. It marks a very momentous occasion for JES as it signifies our diversification into the more technically challenging offshore oil and gas sector,” said Jin Xin, Chairman and Chief Executive Officer, JES. “We are confident that the UT 755 LN will be a prided product that will strengthen our presence in this sphere.”

Kenneth Fjeld, Managing Director of Vega Offshore, added, “The offshore support vessel market, particularly for PSVs, is still strong and we see increased demand for high quality vessels such as UT 755 LN in markets including Southeast Asia, West Africa, Gulf of Mexico and South America.”

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

People & Company News

Transas: The Bridge to Tomorrow

Transas was founded in 1990, by a group of former navigators and engineers, who at that time envisioned ways in which computers could revolutionize maritime safety, communications and security.

ZF Celebrating 100th Anniversary

2015 marks the 100th anniversary of the foundation of ZF Friedrichshafen AG   Zahnradfabrik GmbH was founded in 1915, and through a 100-year history has developed

Signal Ship Repair Achieves OSHA Milestone

Signal International announced that on December 31, 2014, the Signal Ship Repair Operations located in Mobile, Alabama achieved one full year and worked 387,926 manhours,

Shipbuilding

Shepler’s New Ferry Takes Shape

Sparks are flying on the bulkhead and engine room of the $3.8 million, 85-foot Miss Margy, the newest addition to the Shepler’s Mackinac Island Ferry fleet, at Moran Iron Works.

The Art of Propeller Making

The world’s biggest propellers have their cradle in the North of Germany. MMG – Mecklenburger Metallguss GmbH – has manufactured for more than 65 years propellers for ships,

LEEVAC Launches First PSV for Tidewater

On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV).

Environmental

Ecochlor BWTS Chosen for 8 New Bulkers

Times Navigation, Inc. has selected Ecochlor, Inc. to provide ballast water treatment systems (BWTS) for installation on a fleet of eight new CROWN63 (63,500 DWT)

Signal Ship Repair Achieves OSHA Milestone

Signal International announced that on December 31, 2014, the Signal Ship Repair Operations located in Mobile, Alabama achieved one full year and worked 387,926 manhours,

International Sulphur Campaign Launched

An international information campaign on the new, stricter sulphur requirements and their enforcement will be launched in February and, at the same time, cooperation

News

Shepler’s New Ferry Takes Shape

Sparks are flying on the bulkhead and engine room of the $3.8 million, 85-foot Miss Margy, the newest addition to the Shepler’s Mackinac Island Ferry fleet, at Moran Iron Works.

LEEVAC Launches First PSV for Tidewater

On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV).

Puget Sound Container Volumes Flat in 2014

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.

Vessels

Shepler’s New Ferry Takes Shape

Sparks are flying on the bulkhead and engine room of the $3.8 million, 85-foot Miss Margy, the newest addition to the Shepler’s Mackinac Island Ferry fleet, at Moran Iron Works.

LEEVAC Launches First PSV for Tidewater

On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV).

USACE Barges, Tugs Up for Repair

The United States Army Corps of Engineers (USACE) Buffalo District has awarded a repair contract to Great Lakes Shipyard for two tugs and two barges from the Corps’ Cleveland Field Station.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction 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: 0.3162 sec (3 req/sec)