Marine Link
Saturday, January 20, 2018

Conversion Project News

Astander to Convert Cableship

Astander won a contract for the conversion project of MV Provider I, owned by member of Swiss Group Allseas. The work consists on the conversion of existing Cable Ship into Trenching and Offshore Support Vessel. Re-delivery is expected for May this year. Allseas has previously worked with Astander, as much in conversion projects as in works for general repair.

Höegh LNG Speeds up FSRU Conversion

Photo Höegh LNG

Höegh LNG Holdings Ltd. today announced that it has signed agreements with Wärtsila Oil and Gas (EPCIC regas) and Moss Maritime (engineering) for its first FSRU conversion project, including the ordering of critical equipment with long lead time. By ordering said equipment in advance, Höegh LNG will reduce the conversion schedule by six months- from 18 to 12 months, giving a planned delivery date for the FSRU conversion project end 2017. The conversion design is in line with several of the Group's short-listed projects. Sveinung J.

Cammell Laird Receives Coflexip Conversion Project

Cammell Laird Tyneside announced that it secured a significant conversion project for the vessel CSO Constructor. The vessel, which belongs to the Coflexip Stena Offshore Group, is currently a dynamically positioned offshore diving support vessel. The conversion project entails converting the vessel to undertake deep water flexible and rigid pipe laying activities together with deep water subsea installations. Work entails the addition of over 2,000 tons of new steel, the majority of which is in a new 15 m vessel length extension. Two new deck cranes, 25 & 300 tons and a hydraulically driven internal pipe carousel will be fitted along with a significant upgrade of the vessel's systems including the installation three new 1,360-kw generators.

Vale Vessels to Use Hempel Coatings

Hempel recently signed a contract with Brazilian mining giant Vale, the world’s largest iron ore producer, to supply coatings for a five-vessel conversion project. The Hempel fouling release coating HEMPASIL X3 was designed to help reduce vessel maintenance costs, fuel consumption and greenhouse gas and biocide emissions. Danish-based Hempel will supply 150,000 liters of HEMPASIL X3 or advanced tin-free antifoulings for Vale’s forthcoming five-vessel conversion project. Five of Vale’s Very Large Crude Carriers (VLCCs) will be converted to Very Large Ore Carriers (VLOCs) at the Yulian Shipyard and at the Huraung Dan Dong Shipyard in China. Hempel has been working closely with Vale, who plans to extend its fleet of ships to 50 by the end of 2013.

Solstad Offshore Converted by Gibdock

Normand Trym and Normand Vibran side by side (Photo courtesy JLA Media Ltd)

Solstad Offshore is redeploying two platform supply vessels as potable water and fuel oil carriers to service Brazil’s offshore rig market for Petrobras, after completion of a major conversion project at Gibdock. The four week project saw the 2006-built Normand Trym (3,326 dwt) in drydock and the 2008-built Normand Vibran (3,376 dwt) alongside at the Gibraltar yard, in order that mud tanks on each vessel could be converted to store 1500m3 of fresh water storage, with other tanks converted for 800m3 of fuel oil carriage.

Golar Acquires Financing for GoFLNG

Golar LNG

Golar LNG Limited announced today that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd ("CSSCL") in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli. The financing structure will fund up to 80% of the project cost and will be split into two phases. The first phase enables Golar to drawdown up to $700m from the facility to fund the ongoing conversion cost, once Golar…

Golar Receives Financing Commitment for GoFLNG Hilli

Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli, the company announced today. The financing structure will fund up to 80 percent of the project cost and will be split into two phases. The first phase enables Golar to drawdown up to $700 million from the facility to fund the ongoing conversion cost, once Golar has spent $400 million of the estimated $1.2 billion conversion cost and the tolling contract with Perenco and SNH have been ratified by the Cameroon government, expected during the third quarter of 2015.

MSC (Europe) Awarded Conversion Project

Maritime Services Corporation’s Southampton-based marine outfitting company, MSC (Europe) Ltd., has received a Letter of Intent and deposit that will lead to a $19 million conversion contract to convert the ex Dronning Ingrid rail ferry into a state of the art hospital ship for the charitable group Mercy Ships. MSC will act as the general contractor for all phases of the conversion.

IRS completes Well Stimulation Vessel Conversion

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IRClass, a leading Classification Society and member of IACS, has recently completed the survey and certification of ‘Greatship Ramya’, during its conversion from an Offshore Supply Vessel (OSV) to a Well Stimulation Vessel for Schlumberger under its Single Class. The vessel is now deployed with an Indian Oil Major in the offshore sector. Well Stimulation Vessels are one of the most critical ship types in offshore segment with respect to complexity of processes and equipment reliability as they handle hazardous chemicals under very high pressures (close to 20…

Bollinger Shipyards Agrees On Modification/Conversion Project

Bollinger Shipyards, Inc. has signed a contract for modifications and conversions for MSV Ocean Intervention, a multi-purpose support vessel owned by Oceaneering International, Inc. Measuring 243 x 54 x 19 ft., the vessel will undergo revisions to its moon pool systems and "A" frame, as well as enhancement of tank capacities at Bollinger's Morgan City facility.

Friede Goldman Receives Conversion Project

Friede Goldman Offshore, the offshore energy division of Friede Goldman Halter, Inc., has been awarded a contract from Oceaneering International, for the shipyard work in Oceaneering's conversion of its Marine 7 jackup to a production unit. The unit will operate in the Legendre North and South fields on the Northwest Shelf of Western Australia.

DDW Wins Groundbreaking GOM Conversion Contract

Ali Bin Towaih, VP Business Development, Administration & Strategies of DDW with Hor Weng Yew, President & CEO of AET at the contract signing.

Drydocks World signed a Contract with Singapore based AET, a global leader in petroleum shipping, for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system. MWCC is a not-for-profit, stand-alone organization with 10 member companies ExxonMobil, Chevron, ConocoPhillips, Shell, BP, Apache Anadarko, BHP Billiton, Statoil and Hess. The conversion will be implemented at the Drydocks World – Dubai facility.

Thordon, DDW-D Partner for Shaft Line Conversions

Terry McGowan, President and CEO, Thordon Bearings (seated right), and Mohammad Rizal (left), Chief Operating Officer of Drydocks World- Dubai, sign an agreement that affirms the two companies’ efforts to convert ships to seawater lubricated propeller shaft lines from oil (Photo: Thordon Bearings)

Thordon Bearings and Drydocks World-Dubai (DDW-D) have signed an agreement under which the UAE-based shipyard will work together with Thordon Bearings Inc. to promote the conversion of ships’ oil lubricated propeller shafts to Thordon’s COMPAC open seawater lubricated bearing system. The agreement will create an action plan in which a specialist team, comprised of Drydocks World-Dubai and Thordon Bearings’ personnel, offer support to ship managers and owners looking to ensure…

M.V. !Gariep Arrives at Tyneside

The M.V. !Gariep has arrived at A&P’s Tyneside Hebburn Conversion Facility. The vessel departed Cape Town, South Africa on November 20 and will arrive Tyneside on December 23, 24 days ahead of schedule. The contract was won following significant international competition in August of this year. The new 300 tonne mid body fabrication block has now been completed five weeks ahead of schedule. This block has been assembled in the Hebburn fabrication facility and work is now undergoing installation of pipe work, ventilation trunking and other systems in preparation for the insertion of the mid body in dry-dock. The vessel is due to dry dock in mid January and the operation to insert the mid body will commence late January.

Japan Tankers Enter MSE For Fix

There are currently two large Japanese-operated tankers, both from International Energy, in for repair at Malaysia's Malaysia Shipyard & Engineering (MSE) - the 299,986 dwt Ibukisan and the 314,026 dwt Asian Progress 11. The yard is also completing two PFSO conversion projects involving the 87,768 dwt Bunga Kertas for Malaysia's Petronas, and the 109,300 dwt Ross Sea for Singapore's Tanker Pacific. Also undergoing general repairs on the yard's Syncrolift are Sealift Industries' 27,750 dwt general cargo vessel Advantage, the 10,480 dwt multi-purpose vessel Bumi Jaya, and Pertamina's 18,127 dwt product tanker Pranedya Quartya.

Ferguson Marine Chooses ShipConstructor

Ferguson Marine in Port Glasgow, Scotland has invested in a comprehensive package of SSI products.   Ferguson has chosen to implement almost every ShipConstructor product including: Hull, Structure, MarineDrafting, WeldManagement, ManualNest, AutomaticNest, ProfileNest, NC-Pyros, Pipe, P&ID DesignValidation, PipeSupports, Penetrations, Equipment, ProductHierarchy, and Report.   Ferguson Marine has a 110-year history in which it has completed the design, engineering and fabrication of newbuild, repair refit, and conversion projects in a wide range of vessel types. 

Teekay Offshore Issues $53.4 Million Equity Private Placement

Teekay Offshore GP LLC., the general partner of Teekay Offshore Partners L.P. announced  that it has agreed to issue 1.75 million common units in a private placement to an institutional investor for proceeds of approximately $53.4 million (excluding the partnership's general partner's proportionate capital contribution). The partnership intends to use the proceeds from the sale of common units for general partnership purposes, which may include funding vessel conversion projects and future vessel acquisitions.  

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä will supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August. The Wärtsilä re-gasification system to be supplied will feature regas technology using water glycol as the intermediate medium instead of propane. This provides a more compact solution being some 15 percent smaller and lighter than the propane based system.

Keppel Shipyard Secures Contracts Worth $170 Million

Keppel Shipyard Ltd. (Keppel Shipyard) has secured Floating Production Storage and Offloading (FPSO) upgrading projects from its long-term partners SBM Offshore N.V. (SBM Offshore) and Bumi Armada Berhad (Bumi Armada). The combined contract value of the two projects is S170 million. The first project is from SBM Offshore to refurbish and upgrade an existing FPSO vessel, FPSO Xikomba. Work on this FPSO unit is expected to be completed by the third quarter of 2013. Leased by Eni Angola S.p.A (eni) for 12 years for the development of Block 15/06, offshore Angola, FPSO Xikomba is jointly owned by SBM Offshore and Sociedade Nacional de Combustíveis de Angola, E.P. (Sonangol), Angola's national oil and gas company.

Georgia Ports Authority Goes Electric

The Georgia Ports Authority (GPA), is in the process of converting all of its ship-to-shore cranes to electricity. The $4.7 million conversion project will be complete by the end of calendar year 2003. The conversion, which is already 50 percent complete, will reduce environmental emissions from the high sulfur diesel fuel by 415,658 lbs / yr. The GPA will also be reducing the possibility of environmental hazards due to diesel and coolant spills. Additional benefits of electrification will come in the form of safety and cost-savings. Conversion of the ship-to-shore cranes involves removing the existing diesel engine and installing a new medium-voltage transformer that converts the 13,800-volt feed down to 480 volts.

Teekay Offshore Partners Sign FSO Contract

The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea. The contract will be serviced by a new FSO unit converted from the 1995-built shuttle tanker, Randgrid, which is currently 67 percent owned by Teekay Offshore. The Partnership's portion of the FSO conversion project is expected to be completed for a total net capital cost of approximately $220 million, including the cost of acquiring the remaining 33 percent ownership interest in the Randgrid shuttle tanker. Following completion in the first quarter of 2017, the newly converted FSO unit will commence operations under a 3-year firm period time-charter contract to Statoil, which includes 12 additional one-year extension options.

Keppel Signs $684m FLNG Conversion Deal with Golar

Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works. The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of United Kingdom-based Golar LNG will become effective by Sep 21, said Keppel. The contract will become effective upon the parties fulfilling certain conditions precedent by 21 September 2015. The award of the conversion of the Gandria marks the exercise of the second of two options, which were part of a contract awarded by Golar to Keppel Shipyard for the conversion of the Moss LNG carrier, HILLI, into a GoFLNG facility. The first option was exercised in December 2014 for the conversion of the GIMI, also a Moss type LNG carrier.

FPSO Conversion Begins in Brazil

In working on what is claimed to be the largest and most complex offshore conversion project undertaken to date in Brazil, the conversion of the FPSO P-48 (formerly the VLCC Stena Concordia), FELS Setal SA, the Brazilian subsidiary of Singapore’s Keppel Offshore & Marine, has achieved five million work hours without a Lost time Incident. US-based Kellogg Brown & Root’s subsidiary Halliburton Produtos Ltda awarded FELS Setal the contract for the marine conversion of the FPSO in February 2001. When completed P-48 will have an oil processing capacity of 150,000 bbl per day, and will be deployed with Petrobras in the Caratinga filed in the Campos Basin, offshore Brazil.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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