Foresight Takes Delivery of New Jackup Drilling Rig
London-based international law firm Watson Farley & Williams (WFW) advised Foresight Group of Dubai on the delivery arrangements relating to a LeTourneau Super 116E jackup drilling rig named “VIVEKANAND 3”.The rig was constructed in China by Cosco Shipping Heavy Industry Dalian Shipyard (“Cosco Dalian”) and is one of three jackup rigs constructed, delivered and employed over the last three years; a great achievement given the current challenges faced by the offshore drilling market.VIVEKANAND…
TTS Group Bags Hurtigruten Contract
Norway-based TTS Group ASA, a global provider of handling solutions and access systems and services for the marine and offshore industries, has been awarded a contract for sideloading systems for Norway-based expedition cruise operator Hurtigruten.TTS Group has also won a contract for ships equipment to another buyer. Total value of the orders is approximately NOK 38 mln (USD 4.5mln).Hurtigruten, the world’s largest and most sustainable expedition cruise line, is expected to install…
Cosco Dalian Shipyard Orders TTS Cranes
Norway’s TTS Group has been awarded a NOK 102 million (USD11.7 million) contract with Cosco (Dalian) Shipyard Company in China for five sets of cargo cranes and hatch covers."The contract regards five shipsets of cargo cranes and hatch covers. The equipment is for use on multi-purpose vessels," said a press note.Deliveries are expected to take place by the end of 2019, it said. Last year, TTS Groupsecured another contract with Cosco (Dalian) Shipyard Co., Ltd in China for a shipset…
Maersk Tankers Confirms Order for Six Newbuilds
Maersk Tankers announced a move to renew its fleet with a confirmed order for six Chinese-built LR2 product tankers for delivery from 2020.Maersk Product Tankers’ board of directors approved the order for the six LR2 newbuilds on contract with Dalian Shipyard. The deal includes an option for four additional vessels.“The current market makes the investment attractive because it offers competitive asset prices. The fleet renewal will help to sustain a competitive fleet that is meeting customers’ demands and retain a strong market position in the LR2 segment…
COSCO Delivers Second Stingray to Maersk
China’s COSCO (Dalian) Shipyard has delivered the subsea support vessel “Maersk Involver” to offshore marine contractor Maersk Supply Service (MSS). The 9,785 dwt vessel delivery follows the “Maersk Installer”, who was handed over in October this year. This is part of a batch four Stingray-class vessels ordered by Maersk from Cosco. The vessel boasts 400 ts AHC crane, dynamic positioning class 3 and measures 11 meters high, 27 meters wide and 137 meters long. "The delivery documents were signed by COSCO (Dalian) Shipyard Co., Ltd.
Piraeus Port Pact for Cosco Dalian Floating Dock
The Piraeus Port Authority (PPA) SA has announced the completion of a tender and finalization of a contract with Cosco SH (Dalian) Shipyard for the purchase of a new floating repair dock, an initiative that the port's management has pursued over the past year. The 240-meter floating repair dock will also have a width of 45 meters, a draft of 18 meters and a 205,66t capacity. The dock will be transported and installed in the Perama ship repair zone - west of Piraeus proper - after the completion of necessary infrastructure works in the area.
COSCO (Dalian) Shipyard Delivers Flag Lama
COSCO (Dalian) Shipyard Co has delivered an bulk carrier, “FLAG LAMA”, to its European buyer, the company said in its press release. The delivery documents were signed by and between COSCO Dalian and the buyer recently. The bulk carrier measures 229 meters in LOA (length of all), 32.26 meters in breadth and 20.05 meters in depth. COSCO (Dalian) Shipyard is one of the core subsidiary enterprises of COSCO Shipyard Group. Its main business is ship and offshore repairing, conversion and new building.
Cosco Delays Delivery of Jack-up Rigs for Northern
Cosco (Dalian) Shipyard, subsidiary of Cosco Shipyard Group, has reached an agreement with Bermuda-based rig owner Northern Offshore to further delay the delivery dates of two jack-up drilling rigs amid challenging offshore drilling market. Dalian shipyard received an order for two LeTourneau Super 116E jack-up drilling rigs in November 2013 and the plan was to deliver the rigs in 1H2016 and 2H2016, respectively. According to the new agreement between the Chinese yard and Northern Offshore deliveries of the two rigs will also be deferred until further notice.
Deck Carrier BigRoll Beaufort Delivered
The heavy marine transportation provider BigRoll Shipping has reached a milestone. The fourth and final MC Class vessel for BigRoll shipping was handed over by Cosco Dalian Shipyard Co. Ltd to new owner BigRoll Shipping in Leiden, the Netherlands. BigRoll Beaufort completes this unique series of four identical deck carriers. The Finnish Swedish 1A Ice Class MC-Class vessels are explicitly designed for the marine transportation of major modules and equipment for large energy projects both on and offshore and can deliver in the most remote and inaccessible areas on the planet.
Cosco Hands Over Salvage Vessel, Bulker
Cosco Corporation Singapore said that Cosco (Dalian) Shipyard Group Co, a 51% owned unit of its subsidiary, has recently delivered a salvage lifting vessel to its Chinese customer and a bulk carrier to its European customer. De Bo 3, the 17,000 dwt salvage lifting vessel, was handed over to its Chinese buyer. It measures 159.6 meters in LOA (length of all), 38.8 meters in breadth and 10.9 meters in depth. Myrto, the second ship, 81,600 dwt bulker has a length of 229 meters and a width of 32.2 meters was delivered to to its European buyer.
Cosco Delivers Module Carrier to Bigroll
On 23 November 2016, Cosco Dalian Shipyard Co. Ltd handed over BigRoll Baffin, the third MC-Class Module Carrier for BigRoll Shipping, to her owners. The first two state-of-the-art MC-Class Module Carriers, BigRoll Barentsz and BigRoll Bering were handed over earlier this year. Both vessels have already executed several challenging voyages and did perform according to expectations and demonstrated excellent service speeds and vessel motions. Delivery of the last vessel of the series, BigRoll Beaufort, is expected in March 2017.
COSCO Delivers PSV and Two Jack-up Rigs
Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies through United Arab Emirates-based drilling and rig management services firm Hallworthy International FZC. Cosco Dalian signed the delivery documents for the two jackups,"N527" and "N581" -- possibly Vivekanand 2 (350' ILC) and Vivekanand 3 (350' ILC) -- with the buyer recently. The jack-up rigs, both measuring 74.09 meters in LOA (length of all)…
Alfa Laval PureNOx Prime Ordered for Five VLECs
Alfa Laval’s new PureNOx Prime solution for water treatment in Exhaust Gas Recirculation (EGR), will be part of EGR systems on five very large ethane carriers (VLECs) to be operated by United Ethane Carriers (UEC). This order from MAN Diesel & Turbo comes only a short time after PureNOx Prime was introduced to the market. UEC, a joint venture between Jaccar Holdings and Hartmann Group for the commercial management of ethane carriers, will be the operator of five VLECs to be built for ship owner JHW Engineering & Contracting.
First Vessel Launched for BigRoll Shipping
The heavy marine transportation provider BigRoll Shipping announced its first of four MC Class vessels under construction, BigRoll Barentsz, was launched on October 27, 2015 at Cosco Dalian Shipyard. The vessel construction and commissioning remains on schedule for delivery in March 2016. The second BigRoll vessel, the BigRoll Bering is expected to be launched in December, with an expected delivery date of May 2016. The remaining vessels will follow, with delivery anticipated to be the second half of 2016 and early 2017.
COSCO Delivers PSV to COSL
On July 22, COSCO (Dalian) Shipyard delivered a platform supply vessel (PSV), ¡°Hai Yang Shi You 660¡±, to China Oilfield Services Limited (COSL), the Chinese shipbuilder announced. The vessel measures 85.4 meters LOA, 20 meters in breadth, 8.6 meterd in depth and has a deck space of 1,000 square meters. It is designed to transport supplies and crew, as well as provide rescue and fire-fighting services for offshore platforms. The production design of the vessel was completed by COSCO (Dalian) Shipyard. COSCO Dalian has undertaken to build two PSVs for COSL. The other one is being readied for sea trials. COSCO Shipyards has secured orders for a total of four offshore supply vessels (OSVs) from COSL.
China's State Audit Uncovers Misdeeds in Cosco
Intensifying crackdown on corruption China’s National Audit Office released an audit report for state-run shipping conglomerate Cosco Group in which it has uncovered substantial financial irregularities. The report found that Cosco had falsely left out a sum of RMB298m ($48m) in its revenue for the period from 2008 to 2013, as well as leaving out an expense sum of RMB169m, leading to a total net profit that is RMB129m less than reported. Several operational violations have also been found in subsidiaries of group…
Dalian Shipbuilding Wins Cosco Order for 7 Ships
Dalian Shipbuilding Industry Corporation (DSIC) has announced an order win for two 319,000 dwt VLCCs and five 72,000 dwt product tankers from Cosco Dalian, the tanker shipping arm of China Cosco Group. The financial details of contract were not disclosed. Market estimates show that the order could be worth a total of USD 500 million. The newbuildings will be designed to feature fuel saving and energy efficient technology, according to DSIC. The new orders placed by China Cosco…
COSCO Dalian Built PSV Completes Sea Trials
The first of the two 9,000 horsepower COSL deepwater supply vessel (PSV)built at the COSCO Dalian Shipyard ship has successfully completed sea trials. The trial results met the technical requirements to obtain the owner's praise. The total length of the ship 85.4 m, molded breadth of 20 meters, depth 8.6 m, draft of seven meters, safe operation in adverse sea conditions, and with good seakeeping trials. Trial process, completed DP1, DP2 state under measurement engineering, dynamic positioning system pre-commissioning and testing…
Liebherr Sells Knuckle Boom Cranes to China
Liebherr offshore crane division has recently signed a contract with long-time partner DALIAN SHIPYARD (DSIC Offshore) for two state-of-the-art ram luffing knuckle boom cranes of the type RL-K 4200-100 LIT to be delivered for the new high-level semi-submersible BT 4000. "We have already successfully delivered around 40 machines to DSIC to date, but this contract marks a new milestone for us at the Chinese offshore market," informs Gordon Clark, Sales Director of the Liebherr offshore crane division.
Northern Offshore Delays Deliveries for Two Jack-up Rigs
The Houston-based Rig player Northern Offshore has negotiated a nine month delay for the delivery of two high specification jack up rigs Energy Engager and Energy Encounter. It will push back the delivery of the Energy Engager and Energy Encounter from a shipyard in China. The Energy Engager will now be delivered in December 2016 and the Energy Encounter will be delivered in June 2017. Northern Offshore placed orders for the two LeTourneau Super 116E class jackups in October 2013, with the rigs are reportedly being built at COSCO Dalian shipyard in China.
Huisman Cranes for New Maersk Subsea Support Vessels
In December 2014, Huisman secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt Knuckle Boom Cranes onboard four new subsea support vessels (SSVs) for Maersk Supply Service. The first vessels, Marin Teknikk design MT 6027, are scheduled for delivery in Q4 2016. The contract between COSCO (Dalian) Shipyard and Huisman contains an optional scope for two 400mt Rope Luffing Knuckle Boom Cranes for two additional vessels.
FPSO Trio Receives Side Shell Protection
SPS Overlay has yet again been used for side impact protection on three FPSOs for a major player in the offshore industry. The work was carried out at Enseada do Paraguaçu S.A. Shipyards (EEP) in Brazil and COSCO (Dalian) Shipyard, China. These projects were undertaken during the course of 2014, with the final project being completed in December 2014. A total 2,824m² of SPS Overlay has been installed on the three vessels. Intelligent Engineering (IE) sought approval from the three vessels’ Class Society…
BigRoll Orders Two MC Class Vessels
BigRoll Shipping announced that COSCO Dalian Shipyard Co. Ltd has been contracted to build two more MC Class Module Carriers, bringing the total number of vessels under construction to four. The first two vessels BigRoll Barentsz and BigRoll Bering were ordered in 2013 and are scheduled for delivery late 2015 and early 2016. The two additional vessels will be named BigRoll Baffin and BigRoll Beaufort and are due for delivery mid 2016 and early 2017, respectively. All BigRoll vessels are named in honour of famous Arctic explorers, which was inspired by the ships’ suitability for shipping to Arctic areas.