Trading Company Ltd News

SBM Offshore signed a contract Wednesday for a second hull in its planned series of Fast4Ward floating production, storage and offloading units (FPSO) with Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS).The order, which coincides with a keel laying ceremony for SBM's first Fast4Ward hull at the Shanghai shipyard, has been made before any engineering, procurement and construction (EPC) contract for the second hull. The Dutch company cited "continuing…

China has handed a 600-ton patrol ship over to Pakistan’s maritime safety authority in Guangzhou, Guangdong province, PTI reported. The new ship, just the third of its kind, was built by China Shipbuilding Trading Company Ltd. (CSTC) and China State Shipbuilding Corporation (CSSC) Xijiang Shipbuilding Co., Ltd. Among other things, the ship will be used to safeguard Pakistan’s maritime interests, People’s Daily reported. Its two predecessors have already demonstrated their reliability and excellent performance during visits and exchanges, joint drills, maritime rescue and other missions in Pakistan. Pakistan's maritime safety authority expressed great appreciation for the quality of the ships and for sound cooperation with Chinese ship manufactures…

Algeria’s state-run oil company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, according to a Sonatrach document seen by Reuters. Sonatrach's Hyproc Shipping Company chose Chinese consortium Jiangnan Shipyard and China Shipbuilding Trading Company Ltd for the provision of a carrier with a capacity of between 11,000 and 13,000 m3, the document said. It said an offer from Hyundai Mipo Dockyard, a South Korean consortium, had been rejected. Algeria is boosting its transport capacity to meet growing European Union gas demand. Sonatrach currently owns a fleet of ten LPG carriers through its subsidiaries Hyproc Shiping and Sonatrach Petroleum Corporation.

The Department of Ecology (Ecology) has fined owners of the Gaz Diamond propane tanker $75,500 for spilling oil into the Port Angeles harbor in May 2002. The Gaz Diamond is owned by the Naftomar Shipping and Trading Company Ltd., based in Greece. The ship spilled 1,188 gallons of fuel oil when its tanks overfilled while refueling. The oil washed up on nearby beaches and docks along the southern shore of the Ediz Hook peninsula near the U.S. Coast Guard Air Station. Cleanup efforts lasted five days and involved oil skimming vessels, thousands of feet of oil containment boom and hundreds of oil snares staked along the shore. Oil collected in nearby commercial fish pens, on docks, log booms, private boats, the public boat launch, a U.S. Coast Guard vessel, and the Puget Sound Pilot Station.

spilling oil into the Port Angeles harbor in May 2002. Ltd., based in Greece. while refueling. U.S. Coast Guard Air Station. shore. private boats, the public boat launch, a U.S. Coast Guard vessel, and the Puget Sound Pilot Station. reported to be covered in oil. beds, which are an essential habitat for a variety of marine species. Ecology. environment. That assessment has been paid.

In December 2002, the high performance tug Altug was completed by Uzmar-Uzmanlar Shipping and Trading Company Ltd. of Izmir, Turkey. This tug is the first of the new ASD 32/80 Class design developed by Robert Allan Ltd., of Vancouver, BC. It was built under direction of the Owners at the Ge-Ta Shipyard Particulars of the new ASD 32/80 Class tug. The propulsion system comprises a pair of Deutz Model SBV 8M 628 diesel engines, each rated 1,750 kW at 1,000 rpm, driving Schottel SRP 1212 Z-drives through a system of Cardan shafting. This combination delivers a Bollard Pull of approximately 56 tons, and provides a full-load free running speed of 13.5 knots. The design is also configured to take higher power, capable of supporting a BP of approximately 80 tons.