Northrop Grumman Installs Integrated Bridge System on New Tanker
Sperry Marine Systems, a unit of Northrop Grumman Corporation, has just completed fitting an integrated bridge system on a new shuttle tanker in Spain for Norwegian shipowner Navion ASA. The 96,900-dwt Navion Odin, hull number 84, was built at the IZAR Construcciones Navales SA shipyard in Puerto Real. includes six separate operator consoles, four of them with flat-screen LCD displays. movement and status for the watch officer. connected to the interswitch via fibre optic cables due to the distance from the bridge. installation, commissioning, spares, technical support and crew training. Sperry Marine (formerly Litton Marine Systems), with worldwide headquarters in Charlottesville, Va., is part of Northrop Grumman's Electronic Systems sector.
Lack of Shuttle Tankers: Problem for GOM?
Shuttle tankers meeting rigorous federal safety and environmental standards will be ready to begin transporting crude oil to U.S. ports whenever the first Floating Production, Storage and Offloading (FPSO) vessel is deployed in the Gulf of Mexico, Houston-based American Shuttle Tankers L.L.C. (AST) said today. "In the weeks since the Minerals Management Service (MMS) approved the use of FPSOs in the Gulf of Mexico, companies evaluating development options for deepwater oil discoveries in the U.S. solutions", said Oyvind Jordanger, president of AST. American Shuttle Tankers, which was formed last year by the top crude oil lightering company in the Gulf of Mexico and the leading shuttle tanker service provider in the North Sea…
Teekay Buys Navion for $800M
Teekay Shipping Corporation announced that it will buy Statoil's wholly-owned shipping company, Navion ASA, on a debt free basis, for approximately $ 800 million in cash. The transaction positions Teekay as a strategic logistics provider of shuttle tanker services to Statoil and other oil companies, and increases Teekay's presence in the conventional crude oil and product tanker trades. In 2001, Navion transported a total of 160 million tons of crude oil and petroleum products, exceeding the 135 million tons carried by Teekay in that year. Operating from Stavanger, Norway, Navion has built a leading franchise in the complex North Sea offshore loading business.
