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Vela International Marine News

21 Aug 2013

Saudi Shipbuilding Yard Development MOU Signed

Sembcorp Marine has signed a Memorandum of Understanding (MOU) with Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri), with the objective of preparing a detailed feasibility assessment for the development of a world-class maritime yard in the Kingdom of Saudi Arabia. The intended maritime yard will provide engineering, manufacturing & repair services related to rigs, platforms, commercial vessels and offshore service vessels. Saudi Aramco is committed to leveraging its current and future business needs to actively promote economic development in the Kingdom and to ensuring local availability of world class services to support its growing national and international portfolio.

13 Jan 2011

Vela Adds Double-Hulled Crude Tanker

According to a report from Bloomberg, Saudi Aramco, the world’s largest state-owned oil company, said a new very large crude carrier entered service with its tanker-operating subsidiary Vela International Marine Ltd. The Homam Star is Vela’s fourth double-hulled VLCC to be built by South Korea’s Daewoo Shipbuilding and Marine Engineering Co. (Source: Bloomberg)

18 Dec 2003

Great Ship: Great Ships of 2003

Industries Co., Ltd. For many years now, contracts for ships and floating units to operate in an offshore environment have been much-prized value-added goals at Samsung. These include not only shuttle but drill ships, floating storage and offloading units (FSOs), with their derivative production types (FPSOs), crane ships, and various types of floating and fixed platforms. Some of the more interesting ships that have been created here have included a trio of deepwater drill ships for Reading & Bates capable of working in water depths down to 3000m, the 312,500 dwt FPSO Bonga for operating off Nigeria, and the Saibos FDS, a pipelayer/crane vessel with a jib capacity of 600tonnes.

16 Aug 2000

Vela Awards Hyundai VLCC Contract

Vela International Marine, the shipping arm of Saudi Aramco, reportedly has awarded Hyundai Heavy Industries a contract to build four very large crude carriers (VLCCs). The 300,000-dwt VLCCs would each be able to transport two million barrels of crude oil to customers in Europe, the Far East and North America, SPA said. The new tankers, to be delivered between 2002 and 2003, would replace old tankers due to be put out of service. Vela's fleet consists of 15 vessels.

24 Mar 2006

IMO Presents Ballast Water Documentary

Tiny alien invaders transported in ballast water star as the villains in a new documentary film on harmful organisms in ships’ ballast water launched on March 23 by IMO, the United Nations agency responsible for the safety and security of shipping and the prevention of marine pollution by ships, and BBC Worldwide. The documentary film, “Invaders from the Sea”, which will be broadcasted/distributed on television worldwide, shows that harmful organisms transported in ballast water by ships have caused biological and economic havoc around the world, largely due to the expanded sea trade and traffic volume over the last few decades. The…

05 Jul 2001

Schat-Harding secures Vela contract

Schat-Harding has won an order to replace the winches on the lifeboat stations of 17 VLCCs owned by Vela International Marine Ltd, a subsidiary of Saudi Aramco. Since the implementation of the 1996 SOLAS amendments, there has been an increased focus by the authorities on survival equipment on all ships, although maintenance programs and special tests have sadly not reduced the number of incidents involving lifeboat drills and lifeboat equipment. As a demonstration of its ongoing commitment to the very highest standards of safety and crew confidence, Vela International Marine, in addition to introducing an upgraded training and maintenance program, has invested in two replacement lifeboat winches for each of the seventeen tankers.