Batista companies extend test in Brazil offshore field
Brazilian tycoon Eike Batista's bankrupt shipmaker and sister oil company are extending tests in the offshore Tubarão Azul field until March 7, according to a Wednesday securities filing. OSX Brasil SA said its OSX-1 platform would continue tests in the field operated by Oleo e Gas Participações SA, the oil producer formerly known as OGX. The failure to produce as much oil as expected at Tubarão Azul, Batista's first offshore field, led to the meltdown of his energy and mining group, resulting in Latin America's largest-ever bankruptcy protection filing.
Chinese Container Ship on the International Market
The ship to which China owns the full intellectual property rights is on the international market for the first time, according to People's Daily. Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. and Costamare Shipping Co. Greece signed a contract to build four of the 8,530 TEU container ships. The 8,530 TEU container ship is said to be the largest ever exported. Source: People's Daily Online
ION – Polarcus Contract
ION Geophysical Corporation (NYSE:IO) announced that its Marine Imaging Systems group was awarded a fleet-wide contract by The Polarcus Group of Companies (Polarcus), a new entrant in the marine seismic market, to equip all six of its new vessels with four streamer positioning and control technologies from ION's Intelligent Acquisition(TM) [IA] portfolio. This is the largest-ever commitment to ION's Intelligent Acquisition Marine Seismic Portfolio. The contract, with a value in excess of $25m, includes DigiFIN(TM), CompassBIRD(TM), DigiRANGE(TM) II, and Orca(R) command & control systems. (www.iongeo.com)
Report: Repsol YPF, Gas Natural to Tender Contract for Five LNG Ships
Repsol YPF SA and its affiliate Gas Natural SDG SA plan shortly to put out for tender a contract to build a fleet of five ships for transporting liquid natural gas, Cinco Dias reported, citing unnamed maritime sector sources. According to the newspaper, the 25-year contract will be worth some one billion Euro and is the largest ever gas transport contract awarded in Spain and one of the biggest in the world. Spanish shipbuilders Maritima del Norte and Elcano are expected to bid for the contract as well as Norway's Knutsen. (Source: www.forbes.com)
Vietnam Shipbuilding Group Closes Llargest Bond Issue
The Vietnam Shipbuilding Industry Group (Vinashin) on May 7 announced it had successfully closed the largest ever corporate bonds issue by a Vietnamese company with a landmark 10-year, $187m fundraising to finance ambitious shipbuilding projects. This bond is the third 10-year Vietnamese corporate bond since the first issue by Electricity of Vietnam in November 2006. Source: Business in Asia Today
Schat-Harding to Supply for Chantiers Cruise Ship Order
Schat-Harding has been chosen to supply the lifeboats, tenders and davits for reportedly, the largest ever cruise ship order to be placed at France's Chantiers de l'Atlantique yard. Schat-Harding will supply six CTL38 tenders, 20 MPC32 150 person lifeboats and 2 MCB24 combined life / rescue boats and davits to the two vessels, ordered by MSC Cruises. The 333 m long vessels will carry 3,887 passengers and more than 1,300 crew members. The first ship will be delivered in spring 2008 and the second in spring 2009.
HK Shipowner CSSC Orders Mega-Container Ships
Waigaoqiao-controlled Shanghai Jiangnan Changxing Heavy Industry has signed a shipbuilding contract with CSSC Shipping (Hong Kong) to build three 16,000 TEU ships, the largest ever built by Chinese yards, reports China Logistics Portal. Jointly designed by Waigaoqiao Shipbuilding and CSSC-affilated Marine Design & Research Institute of China (MARIC), two of the ships will be built at Jiangnan Changxing Heavy Industry and one will be built at Waigaoqiao Shipbuilding. The order to build the giant ships comes after state-run shipbuilding group, CSSC, established a ship-owning arm in Hong Kong in 2012 in a bid to drive business. Source: China Logistics Portal
Rolls-Royce Powers World's Largest Construction Vessel
Rolls-Royce, the global power systems company, has delivered 13 large azimuth thrusters to the world’s largest construction vessel, currently being built at Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and operator Allseas Group. The contract is worth around £18 million and is the largest ever Rolls-Royce thruster order for a single vessel. The thrusters rotate 360 degrees and propel and position the ship, which measures 382 metres in length and 117 metres in width.
Becker Marine Wins Another Rudder Order
Becker Marine Systems receives order for 93m2 TLKSR rudders - the largest ever built. 93m2 TLKSR Rudder ordered by STX O&S for 16,000 TEU container vessels Becker Marine Systems has been elected by STX Offshore & Shipbuilding to design and supply the largest ever built full spade rudders for Zodiac’s container vessels of more than 90m2. Engineering Co., Ltd. (DSME). The new order also is Becker Marine Systems’ well proven TLKSR® (Twisted leading edge king support rudder) for the 400m long and 54m wide 16,000 TEU container vessels.
Rolls-Royce to Power The World’s Largest Construction Vessel
Rolls-Royce has delivered 13 large azimuth thrusters to the world’s largest construction vessel, currently being built at Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and operator Allseas Group. The contract is worth around £18 million and is the largest ever Rolls-Royce thruster order for a single vessel. The thrusters rotate 360 degrees and propel and position the ship, which measures 382 metres in length and 117 metres in width. Named Pieter Schelte…
World's Largest Constuction Vessel to be RR Powered
The vessel is being built at Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and operator Allseas Group. The contract is worth around £18 million and is the largest ever Rolls-Royce thruster order for a single vessel. The thrusters rotate 360 degrees and propel and position the ship, which measures 382 metres in length and 117 metres in width. Named Pieter Schelte, the ship is due to enter into service in 2014 and will carry out installation and decommissioning of oil and gas platforms and pipeline installation projects worldwide. Kari Välimaa, Rolls-Royce, Operations Director- Finland, said: “We are delighted to deliver our largest ever thruster order to power this record-breaking vessel.
Evac Systems Ordered for ‘Global Class’ Cruise Ships
German shipyard MV WERFTEN, a wholly owned subsidiary of Genting Hong Kong, said it will install the Evac Complete Cleantech Solution on board two new Global Class ships for Asia-Pacific cruise line Star Cruises. The contract also covers two optional cruise vessels of the same class in the future. Star Cruises’ Global Class vessels are specifically designed for the growing Asian market. Delivery of the two 201,000 GT vessels is scheduled for 2020 and 2021. At over 340 meters long, the new vessels will be the largest ever built at the shipyards of MV WERFTEN.
Lankhorst Wins Big Spar Mooring Contract
Offshore rope manufacturer Lankhorst Ropes has been awarded a contract by Hyundai Heavy Industries and Technip USA consortium (HHITECH) to supply the mooring lines for Statoil’s Aasta Hansteen Spar platform to be located in the Norwegian sector of the Norwegian Sea. According to Lankhorst, it is the largest single order for deepwater mooring ropes, and believed to be the largest ever order in the global synthetic fiber rope industry. Located in the Aasta Hansteen field, approximately 300 km west of Bodø…
Largest Dredger Ever Built in E. Canada Christened
Recent christening at Ocean Industries Shipyard of the largest dredge ever built in Eastern Canada, the 'Ocean Traverse Nord'. The Ocean Traverse Nord was built this past year at Ocean Industries shipyard at Isle-aux- Coudres. A 25-million-dollar shipbuilding project, the largest ever in Eastern Canada and Ocean's first dredge, created over fifty new jobs at the shipyard while generating major direct and indirect economic benefits for the Québec City region and especially for Charlevoix.
Niagara Christened at Port Weller Dry Docks
The largest-ever Canadian ship built for the Great Lakes-St. Lawrence was christened at Port Weller Dry Docks at the Lake Ontario entrance to the Welland Canal. CSL Niagara is the newest member of the Canada Steamship Lines fleet, and the first of three ships built by Port Weller as part of a $100 million fleet reinvestment program by CSL. Measuring 740 x 78 x 48 ft., Niagara required more than 6,000 tons of steel for construction. The unique shipbuilding project saw an entirely new hull constructed and joined to the engine room portion of J.W. McGiffin. Niagara is the first ship to be built to the St. Lawrence Seaway's new maximum-size allowances, and features the most up-to-date self-unloading system available, unloading cargo at rates up to 6,000 tons per hour.
Hamburg Süd Christens Largest-ever Containership
At the Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) yard in Okpo, Korea, Hamburg Süd christened the largest-ever container ship in the company's history. The "Rio de la Plata" is the first newbuilding in a series of six identical vessels each possessing a slot capacity of 5,900 TEU. At a length of 286 m, the "Rio" class is precisely one bay longer than the 5,552 TEU "Monte" class vessels. Sponsor of the "Rio de la Plata" is Marén Schröder, daughter of Dr. Ernst F. Schröder, personally liable partner of Dr. August Oetker KG, Bielefeld. Following her delivery on 2 April 2008, the "Rio de la Plata" will initially be phased into…
Viking Neptun Delivered for Technip
Viking Neptun was delivered from Kleven Verft to Eidesvik on February 17, and the naming ceremony was held in Stavanger on February 28. The vessel’s Godmother, Patricia Pilenko, broke the champagne bottle on Viking Neptun, which will now start operating on charter for Technip in the North Sea. The offshore construction vessel is the largest in Eidesvik’s fleet, and the largest ever built by Kleven Verft. Designed by Salt Ship Design, the vessel is 145 m long and 31 m wide and with accommodation for 150 persons.
Rolls-Royce Quarterly News
In the final quarter of 2007, Rolls-Royce continued to expand its global capability, with strong performance in the marine and offshore sectors. The offshore marine business increased the value of its largest contract from Nordcapital to $227m with a further four UT Design deep water anchor handling vessels, incorporating a range of Rolls-Royce marine equipment, worth a total of $105 million. This followed a June 2007 contract worth $121 million for six UT Designs and equipment. The energy business also recorded its largest ever contract, with a $176mTotalCare services agreement with BP for the maintenance of 28 RB211 gas turbines operating onshore and offshore in Azerbaijan. The agreement extends an existing contract until 2016.
APM Terminals Opens New Terminal in Morocco
APM Terminals Tangier, S.A. and the Akwa Group, a Casablanca, Morocco-based partner have announced the opening of Morocco’s newest container terminal to serve the global trade in Morocco and the Western Mediterranean market. Located on one of the most important shipping arteries, the terminal will offer importers and exporters a new gateway to world markets. Over 200 vessels a day pass through the Straits of Gibraltar as they transit on north-south and east-west liner trade routes. Shipping lines will benefit from Tangier’s direct access to the main shipping lane, a deepwater port capable of handling the largest container ships in the world, the newest, most advanced container handling equipment and APM Terminals global best operational practices.
MAN Diesel to Power Catamarans
MAN Diesel announced a contract for eight engines to power two catamarans. The catamarans will be the latest in a series of fast multihull ferries from leading catamaran exponent Incat of Tasmania, Australia. With an overall length of 367 ft. and a beam of 98 ft., the new catamarans are the largest ever built in Australia. The new contract also involves the first orders received for the 28/33 D diesel since the engine’s transfer from MAN Diesel’s UK facilities to its engine works in Augsburg, Germany. In detail, the contract covers eight of the largest, 20 cylinder versions of MAN Diesel’s four-stroke, 52 degree vee configuration 28/33 D engines, each rated 9,000 kW at 1000 rpm and represents a seamless transition from UKbuilt engines to German-built engines in Incat vessels.
Linde Group to Supply Reliquefaction Equipment for New Fleet of LNG Carriers
Cryostar has won an order from Samsung Heavy Industries totalling over $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants for five LNG tankers to be built by 2008. The modern membrane carriers with a cargo capacity of 265,000 cubic meters will be the largest ever built and are destined for LNG trade between Qatar and the U.S.A. The larger the vessel, the more important the boil-off gas management for the LNG. It is stored on board at -163Â° C, in order to ensure that the maximum cargo is delivered. Cryostar, who provide both the reliquefaction process design and the majority of cryogenic equipment, developed the plant's unique low power consumption technology.
Linde Group to Supply for LNG Tankers
Cryostar, a subsidiary of The Linde Group, has won an order from Samsung Heavy Industries totaling more than $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants for five LNG tankers to be built by 2008. The modern membrane carriers with a cargo capacity of 265,000 cubic meters will be the largest ever built and are destined for LNG trade between Qatar and the U.S.A. The larger the vessel, the more important the boil-off gas management for the LNG. It is stored on board at -163° C, in order to ensure that the maximum cargo is delivered. Cryostar, who provide both the reliquefaction process design and the majority of cryogenic equipment, developed the plant's unique low power consumption technology.
Tanker Glut Signals Drop in Freight Rates
According to a Dec. 28 report from Bloomberg, a 26-mile-long line of idled oil tankers, enough to blockade the English Channel, may signal a 25 percent slump in freight rates next year. Traders booked a record number of ships for storage this year, seeking to profit from longer-dated energy futures trading at a premium to contracts for immediate delivery, according to SSY Consultancy & Research Ltd., a unit of the world’s second- largest shipbroker. Ships taken out of that trade would return to compete for cargoes just as deliveries from shipyards’ largest-ever order book swell the global fleet. (Source: Bloomberg)