Topaz Secures Tengiz Oilfield Contracts
Offshore support vessel company Topaz Energy and Marine has been appointed the technical managers of three vessels by a consortium comprising Blue Water Shipping A/S and Kazmortransflot (KMTF), in connection with the TCO developed Tengiz oil field in Kazakhstan. Under the terms of the agreement, Topaz will act as the technical managers for three newly designed Module Carrying Vessels (MCVs). The vessels will commence work in Q2 2018 for a minimum contract period of a little over two years. The vessels will be transporting oil and gas modules to the Tengiz oil field from transshipment bases in Kazakhstan. The Tengiz oilfield is operated by Tengizchevroil LLP; a Kazakh partnership that explores, develops, produces and markets crude oil, LPG, dry gas and sulfur.
Two VARD Module Carrier for Topaz Energy and Marine
Vard Holdings Limited has secured a contract for the design and construction of two additional Module Carrier Vessels for Topaz Energy and Marine (“Topaz”). The vessels, of VARD 9 21 design and measuring 123 by 16.5 meters, are sister ships of a series of 15 identical Module Carrier Vessels previously contracted by Topaz for delivery from VARD’s shipyards in Tulcea and Braila in Romania, and Vung Tau in Vietnam. They will be operated by Topaz through a consortium led by Blue Water Shipping. One of the additional vessels will be built at Vard Braila and one at Vard Vung Tau.
Germany's DST Bags IWAI Contract for Designing Special Vessels
With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels, especially suited to navigate the 1620 km stretch of NW-1. Speaking on the occasion a senior IWAI official said it is a revolutionary step and a milestone in the journey of NW-1. “The objective of IWAI is to go along with nature and disturb the river minimally.
Hornblower Flagship Retrofits with Thordon's Shaft Seals
Thordon Bearings’ US West Coast Distributor, Pacific Marine Equipment has successfully completed the installation of a pair of TG100 mechanical propeller shaft seals to Hornblower Cruises & Events’ 1000-passenger capacity twin screw flagship, Inspiration Hornblower. Hornblower, one of the leading river cruise operators in the U.S., operates a fleet of 70 sightseeing and dinner cruise vessels in several cities across the Golden State, the United States and Canada. Todd Terry, President, Pacific Marine Equipment, Thordon Bearings’ U.S.
Corvus Energy to Power UK Hybrid Ferry
Corvus Energy Inc. has announced that Wärtsilä, provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid ferry being built for UK based Wightlink Ferries. Corvus Energy will supply its Orca Energy ESS solution to compliment a comprehensive range of modern Wärtsilä equipment and systems, which will deliver industry leading environmental efficiency with this new vessel. The new ferry, entering into service in 2018, will serve the crossing between the Isle of Wight and the English mainland 20 times per day, holding up to 178 vehicles and over 1000 passengers.
Dryships Sells Panamax ‘at 10% premium’
DryShips Inc. (NASDAQ:DRYS), or the Company, an international, owner of drybulk carriers and offshore support vessels, today announced that it has sold the 2002 built Panamax drybulk carrier MV Oregon. The vessel MV Oregon, along with the associated bank debt, was sold to an entity controlled by the Company’s Chairman and CEO, Mr. George Economou. The vessel was sold for a 10% premium to fair market value, as supported by independent third party broker valuations. Following this transaction…
Shell Loads First LNG Vessel at Gate Terminal
Shell loads first LNG vessel, using new LNG fuel infrastructure at Gate terminal. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations. The loading of Shell’s chartered LNG vessel, the Coral Methane happened on September 19th. In July 2014, Shell took the Final Investment Decision to buy capacity at the Gas Access to Europe (Gate) terminal, which enabled the investment in new, dedicated liquefied natural gas (LNG) fuel infrastructure. The new LNG fuel infrastructure included the construction of a new berth.
MacGregor Bags 7 Middle East OSV Contracts
MacGregor, part of Cargotec, has won comprehensive equipment package contracts for a variety of seven specialist support vessels that will operate in the Middle East region. MacGregor will deliver deck cranes and a range of deck machinery to each vessel. The order is booked into the third quarter 2016 order intake. "These orders are a good demonstration of MacGregor's ability to deliver a one-stop-shop solution, using products from across our range of market-leading brands. All backed-up by good global aftersales and service support…
Topaz Secures Kazakhstan Contracts
Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than US$500 million. The two contracts bring Topaz’s backlog to approximately US$1.7 billion. Under the terms of the main contract awarded by Tengizchevroil (TCO) to a consortium comprising Topaz and Blue Water Shipping A/S, Topaz will commission the construction of 15 Module Carrying Vessels (MCVs).
SENER Unveils FORAN V80R2.0
The SENER engineering and technology group has taken part in the SMM Hamburg maritime trade fair, one of the most prestigious international meetings in the sector, which is held every two years, on this occasion from September 5 to 9. SENER, staying loyal to a tradition of over 20 years, attended with its own stand inside the Spanish Pavilion, in which it presented the stand-out features of the latest version of FORAN V80, the CAD/CAM/CAE system for the design and production of vessels.
Wärtsilä Nacos Platinum for Four Cruise ships
Wärtsilä has been awarded the contract to supply a broad range of integrated automation, navigation and dynamic positioning equipment, as well as the complete uninterruptable power systems (UPS) for four new cruise ships. Two of the vessels are being built at the Meyer Werft shipyard in Papenburg, Germany, while the other two vessels are to be built at Meyer Turku in Finland. The contract with Wärtsilä was signed in the second quarter of 2016. The Wärtsilä Nacos Platinum system comprises 12 multifunction workstations for combined displays of ARPA radar…
New Vessel Traffic Equipment at ABP Southampton
Associated British Ports marked the latest in a series of multi-million dollar investments in the port of Southampton by inviting the Rt Hon John Hayes CBE MP to open its brand new vessel traffic service (VTS) operating room, (September 21). The Minister of State at the Department of Transport was in attendance as Britain's leading ports company revealed its $5.2m investment in a new office with state-of-the-art equipment at Ocean Gate, Southampton, which will be manned on a 24/7 basis.
Striking Bollard Pull Results for ALP Striker
ALP Striker achieved an impressive and most satisfactory bollard pull results of 309.6 tonnes during her sea trials. The DP II Anchor Handling Salvage Tug was delivered on 12 September to ALP Maritime Services. The vessel is designed for towing very large floating objects while also offering services such as anchor handling, positioning and mooring. The ALP Striker has been constructed by Niigata Shipbuilding & Repair, Japan. She is the first of four ultra-long distance towing and anchor handling vessels for ALP Maritime Services, a subsidiary of Teekay Offshore Partners L.P.
Baltic Exchange Shareholders Approve Singapore Exchange Takeover
Baltic Exchange shareholders on Monday approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions, in a deal that will give SGX access to the multi-billion-dollar freight derivatives market. The proposed transaction, unanimously recommended by the Baltic's board last month, was approved by shareholders at a general meeting in the historic City of London. It will now need regulatory approval, which shipping industry sources say is likely to be given. As the global shipping industry struggles with poor market conditions, SGX offered - after months of talks - Baltic shareholders 160.41 pounds per share plus 19.30 pounds per share as a final dividend, giving the privately owned business a total valuation of about 87 million pounds.
Sea Trucks Awarded Contract in Mexico
Sea Trucks Group has secured a charter for the Jascon 31 from Permaducto S.A. de C.V. (Protexa) for the provision of Accommodation and Heavy Lift services in the Gulf of Mexico. Sea Trucks will provide accommodation and lifting services in support of repair works at Pemex Line 221 at the Abkatun-A Platform in the Abkatun field in the Gulf of Mexico for a period of 50 days. After completion Sea Trucks will provide similar services at Pemex Lines 63a and 65 in the Ku-Maloob-Zaap Field for a period of 42 days plus options.
Salvors to Remove Fuel from Capsized Riverboat
Efforts to prepare the capsized riverboat Spirit of Sacramento for fuel removal operations are being conducted by the U.S. Coast Guard, California Department of Fish and Wildlife's Office of Spill Prevention and Response and other partner agencies. The 87-foot vessel reportedly began taking on water September 4, 2016, and sank near Bethel Island, Calif. Several scenarios are being developed to safely remove the pollution threat, which include righting the vessel and removing the fuel, or removing the fuel while the boat remains in its current position.
Cross-Bay Ferry Plan Unveiled
With anticipation high for a St. Petersburg/Tampa ferry service, organizers of the project today announced an exciting set of launch events, including a series of runs for supporters to “Test the Waters,” plus a striking new logo and a formal name: The Cross-Bay Ferry. Beginning today, potential passengers and partners can now go right to the source for more information about the ferry at CrossBayFerry.com. “Everywhere I go, people ask me about the ferry,” said St. Petersburg Mayor Rick Kriseman, an early supporter of the project.
Navig8 Inks Sale and Leaseback Deal with SBI
Navig8 Chemical Tankers Inc. an international shipping company focused on the transportation of chemicals, today announced that it has entered into a sale and leaseback transaction with subsidiaries of Japan-based SBI Holdings Inc (“SBI”) for two 25,000 DWT stainless steel chemical tankers (the “Vessels”) being built by Kitanihon Shipbuilding Co. Ltd (“Kitanihon”). Crédit Agricole Corporate and Investment Bank (“CA-CIB”) is providing debt financing to SBI in connection with the transaction.
S.Korea: Hanjin Cash, Parent Support Should Cover Offloading Fees
Cash from top shareholder, executives should cover offload costs. South Korea's government said cash held by Hanjin Shipping Co Ltd and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels operated by the troubled container line. The collapse of South Korea's biggest shipping operator late last month has plunged the shipping industry into chaos ahead of the crucial year-end holiday shopping season as dozens of vessels and their crews wait for money needed to pay for port and handling fees.
ABS' New Subchapter M Guide
[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S. Coast Guard (USCG) requirements governing towing vessels that operate in U.S. inland waterways. “As a trusted advisor to industry, ABS stays at the forefront of changing regulatory requirements so we can offer the best guidance to our clients and other industry stakeholders,” says ABS Americas Division President James Watson. The new Guide addresses requirements for lifesaving appliances, fire protection, machinery, piping, electrical, structure and stability/load line.
On the Majestic Maersk, mega-ship dreams obscure cloudy future
For Captain Dick S. Danielsen, the childhood dream has been to sail the world's biggest ships. The Danish seaman got his chance three years ago when he was asked to helm the Majestic Maersk, a mammoth, baby blue-painted vessel that at 400 meters (1,312 feet) is longer than a nuclear-powered aircraft carrier. The ship can hold up to 18,270 twenty-foot (TEU) shipping containers and is owned by the world's largest container shipping firm, A.P. Moller-Maersk. "If you're going to be a captain and the company asks you, do you want to be on our biggest ship in the fleet, everybody would be proud.
Navtor Takes Lead for Autonomous Ship Project
NAVTOR will spend the next three years helping the EU chart a route towards autonomous vessels, as it was selected to represent the maritime industry in the ENABLE project - conceived to prove, verify and validate the safety of autonomous vehicles in Europe. NAVTOR has now received funding to investigate the concept of ‘shore-based bridges’, a crucial steppingstone on the path to autonomy. ENABLE was originally proposed by the car industry, before the EU widened its scope to take in the full spectrum of transport, including ships.
BV & Ship-to-Ship LNG Bunkering
Bureau Veritas is supporting the adoption of clean fuel LNG through the classification of both vessels in the world’s first ship-to-ship LNG bunkering operation between two independent ocean-going vessels. On September 3 2016, Terntank Rederi’s M/T Ternsund bunkered LNG from Coral Energy, a Dutch small scale LNG vessel owned by Antony Veder and chartered by Skangas. The operation was carried out at the entrance to the port of Gothenburg. The 15,000 dwt Ternsund is the world’s first LNG-fuelled newbuilding oil/chemical tanker.