Keppel Corporation Limited, through its offshore unit in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched another contract to build a swamp barge from repeat customer, PT Apexindo Pratama Duta Tbk (PT Apexindo). The S$25 million contract for the swamp barge, Yani, is the third contract PT Apexindo has awarded to Keppel FELS Ltd. The Indonesian drilling contractor, who recently obtained a public listing on the Jakarta Stock Exchange, has earlier awarded Keppel with two other contracts, one for the new construction of swamp barge Raisa, and another for the repair and refurbishment of swamp barge Maera. Said Mr Tong Chong Heong, Managing Director and Chief Operating Officer of Keppel O&M, “We are very pleased that PT Apexindo has entrusted us with the construction and refurbishment of their swamp barge fleet. “We clinched the first contract on the Raisa through a competitive bid put together as a result of the integration of our offshore and marine business. We are able to combine our expertise in rig design, project management and shipbuilding skills as an integrated entity, and offer the best price and services to our customers.” The construction of Raisa is seeing good progress and the barge was recently launched on 22 October 2002. Maera’s six-month refurbishment is into its third month in Keppel FELS. Both barges are scheduled for delivery in the first quarter of 2003 for deployment in the Tunu Field of East Kalimantan for TotalFinaElf Indonesie
Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts from Indonesian customers worth a total of about S$47 million. The first contract is for a Coal Transshipment Barge for repeat customer PT Indo Straits Tbk, through its subsidiary company PT Pelayaran Straits Perdana and the second is for the construction of three tugboats for a new customer, an international shipping company
Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Indonesia. The contract covers the engineering, procurement, construction and installation of gas well pads, flowlines, pipelines; a central processing plant (672 million cubic meters per year of gas) with gas treatment facilities such as acid gas removal as well as sulphur removal
PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year, to finance its Java Integrated Industrial and Port Estate project, said Director Suresh Vembu. The firm is working in co-operation with state port firm PT Pelindo on the project situated on a 1,700-hectare site in Gresik, East Java
Damen frigate modularly constructed in the Netherlands and Indonesia in collaborative construction project PT Pal’s Surabaya Shipyard has launched the first of two SIGMA 10514 Perusak Kawal Rudal (PKR) guided-missile frigates designated for the Indonesian Navy (TNI AL). PT Pal built these ships in collaboration with Damen Schelde Naval Shipbuilding (DSNS). The launch ceremony was attended by guests of honor Indonesian Minister of Defense
The first of two SIGMA 10514 PKR naval frigates for the Indonesian Navy has successfully completed its sea trials as of September 7, marking a milestone on a project for which the first steel was cut in January 2014. The assessment phase began with seven days of basin trials to ensure that the propulsion and safety systems were fully operational before the vessel made the challenging passage from the PT PAL shipyard in Surabaya to the open waters of the Java Sea
PT Samudera Indonesia reportedly entered into an agreement with STX Shipbuilding to buy a pair of bulk carriers for $97.6m, the Jakarta Post reported. Upon delivery, the vessels will be deployed on a time-charter contract and are expected to increase Samudera's capacity to meet the demand for bulk carrier services. Samudera currently operates 20 vessels.
Aberdeen-based Veripos has been awarded a major contract by PT Pageo Utama of Jakarta for provision of GNSS precise positioning facilities in support of two three-year regional survey and navigation service projects being carried out by the Indonesian company on behalf of BP West Java and CNOOC South East Sumatra. The contract for the two projects also covers supply by Veripos of integrated demodulator and GNSS receivers in addition to associated proprietary QC software to ensure
1846 - Sailors and Marines from USS Congress capture Santa Barbara 1858 - First trans-Atlantic cable completed by USS Niagara and British ship Agamemnon 1944 - Fifth Fleet carrier task forces begin air attack against Iwo Jima and the Bonin Islands 1947 - Birthdate of the Medical Service Corps 1964 - The Navy and national intelligence sources report a North Venamese PT boat attack on USS Turner Joy and USS Maddox in the Tokin Gulf prompting Congress to pass the Tonkin Gulf Resolution on 7
International classification and verification company RINA Services has performed the design approval for the world's largest Compressed Natural Gas storage plant in Grati, Indonesia. The CNG will feed the local 300 MW power plant. The plant, operated by Indonesia’s PT PLN (Persero), burns up to 15 million standard cubic feet per day (mmscfd) of gas from the CNG storage, driving three gas turbines. Adding a CNG plant to the existing power station tackles the issue of peak load demand
A total of 40 passengers have been rescued after two vessels collided in Pathein, southwestern Myanmar's Ayeyawaddy region Friday night, in which 20 others have been confirmed killed, Xinhua reported quoting Pathein Water Transport Police.
A U.S. Navy World War II PT boat, which was recently restored and rebuilt by volunteers at The National WWII Museum in New Orleans, has been equipped with modern state-of-the-art battery chargers from Newmar. After more than a decade of volunteer-provided planning and restoration work
The Baltic Exchange's main sea freight index marked its biggest percentage decline since mid-December on Friday as rates for larger vessels dipped due to limited activity. The Baltic index, which tracks rates for ships carrying dry bulk commodities, was down 3.86 percent.
CMA CGM aims to increase its market share in Indonesia to 20 percent by year-end from the current 13 percent, reported The Jakarta Post. The company's senior vice president in Asia, Jean-Yves Duval said that with aggressive marketing, as well as longer and more efficient routes
MOL Liner Ltd. announces the December 2016 results of Regional Key Performance Indicators (KPI) in the Americas in the following categories: customer service, and electronic data interchange (EDI). The results are available on a monthly basis and posted in greater detail at www.CountOnMOL.com
MAN Diesel & Turbo recently signed a contract with Stena Line to provide its online service to two vessels. The Stena Hollandica and Stena Britannica are both conventional passenger-and-vehicle superferries that sail the daily route between the Hook of Holland and Harwich and are each powered
Vard Holdings Limited said it has secured a framework agreement for the maintenance of five Coast Guard vessels for the Norwegian Defense Logistics Organization. The framework agreement, assigned to Vard Langsten in Norway, includes ship maintenance and corrective maintenance of the
Brazilian shipbuilder ETP Engenharia in Rio de Janeiro has delivered the final six vessels of a 12-ship order for Baru Offshore. The six newest 48-meter DNV Classed DP-1 vessels – Baru Serrana, Baru Tesoro, Baru Sinu, Baru Sirius
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia.
Industry expert predicts LNG will remain a key energy source; energy authority expect that Japan’s reliance on LNG will continue to grow Japan imported 8.3 million metric tons of LNG in January, an increase of 1.06 million metric tons compared to the previous year
Fairbanks Morse to build 34 × 12V48/60CR engines for TAO-205 program The U.S. Navy has chosen the Fairbanks Morse MAN 12V48/60CR engine as main propulsion for a new series of 17 ships as it begins plans to phase out its existing tanker fleet
With the United States about to become a net exporter of natural gas for the first time in 60 years, Intercontinental Exchange Inc said on Wednesday it would begin trading the first-ever U.S. liquefied natural gas futures contract in May.
Freight rates for very large crude carriers (VLCCs), which fell to a near six-month low on Thursday, will remain weak until the Asian refinery maintenance season gets completed, starting April-end. "I haven't seen a collapse in rates like this for some time
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in more than four months, helped by stronger rates across all vessel segments. The overall index, which factors in rates for capesize, panamax
Amphenol Industrial Operations (AIO) sponsored The National WWII Museum during their endeavor to bring patrol torpedo boat PT-305 back to the water. The restoration began ten years ago, and AIO has been involved since 2014. It supplied a number of its 97 Series connectors to enable the PT-305 team