Stolt Tankers Five Stainless Steel Parcel Tankers

Press Release
Tuesday, November 27, 2012

Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited (Oslo Børs: SNI), has announced  that it has reached an agreement with Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong-Zhonghua) and China Shipbuilding Trading Co. Ltd, (CSTC), under China Shipbuilding Group Corporation (CSSC), for five plus three options 38,000 deadweight ton (dwt) stainless steel parcel tankers, with deliveries expected to take place from December 2015 onwards.

 

The agreement is subject to satisfactory financing being obtained.


 
The ships were designed to deliver substantial improvements in fuel efficiency, while providing operational flexibility with their fully stainless steel cargo tanks, cargo pumps, heating and cooling capacity.  With a relatively shallow draft when fully loaded, the ships are expected to consume significantly less fuel compared with existing parcel tankers. 


 
Niels G. Stolt-Nielsen, Chief Executive Officer of Stolt-Nielsen Limited, said, "This new generation of parcel tankers gives us both improved energy efficiency and the cargo handling flexibility that our contract of affreightment customers require.  The order represents approximately half of our required replacement tonnage through 2016, given Stolt Tankers' present contract portfolio."
 


Each of the ships will have 43 stainless steel tanks with a total volume of 44,000 cubic meters.  The parcel tankers will meet both Marpol Annex I and Annex II cargo requirements, complying with common structural rules for oil tankers.  The ships will have IMO I, II and III capabilities and will be able to handle the full range of difficult-to-handle cargoes that Stolt Tankers carries.


 
The new ships will replace five 1986-built parcel tankers scheduled for recycling in 2016.

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Portugal PM Warns Lisbon Dock Workers to End Strike

Portugal's prime minister warned Lisbon dock workers on Friday that his patience was running out after a strike that has lasted a month, paralysing the city's ports.

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

Asia-N.Europe Box Freight Rates Soar 37 pct

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 37 percent to $720 per 20-foot container (TEU) in the week ending on Friday,

Shipbuilding

Bay Shipbuilding Delivers ATB to Moran

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel

Conrad Shipyard Christens Woods Hole Ferry

M/V Woods Hole, a 235-foot long passenger ferry built for the Steamship Authority of Woods Hole, Mass., was christened on May 20 at Conrad Aluminum in Amelia, La.

Tech & Design Solutions for Modern Workboats

EPA Tier 4 regulations (for engines of 804 hp and higher) and propulsion advancements have many manufacturers and vessel designers changing course to adapt to new requirements and customer demands.

Tanker Trends

Strike Idles 38 Oil Tankers at Fos-Lavera

Some 38 oil tankers have been held up at the Fos-Lavera oil port in southern France, the country's biggest, including 25 at harbour, up from 12 the previous day,

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

Fos Tanker Queue Grows as Strike Impacts Refinery Ops

Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a strike organised by the hardline CGT

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.0833 sec (12 req/sec)