Offshore shipowner Polarcus, UAE, has ordered six new ships of Ulstein design.
Though Polarcus is a relatively new offshore shipowner, many of its employees have previously worked in the offshore marine industry, and some employees have in fact, worked for Eastern Echo in the past. The Ulstein SX124-, Ulstein SX133- and Ulstein SX134-type vessels will all be built at Drydocks World Dubai. The two new vessel designs, Ulstein SX133 and Ulstein SX134, are the first vessels with the Ulstein X-BOW to receive DNV’s ICE-1A class notation. Ships with the Ulstein X-Bow shape have smoother acceleration and motion, resulting in more stable towing power and thus a more even load on the seismic equipment being towed aft. By the same token, such ships provide a steadier and safer working platform for the deck crew. The Ulstein SX124 and Ulstein SX134 vessels will be fitted with a 3D seismic system and twelve streamer winches, while the two Ulstein SX133 multi-purpose seismic vessels will be equipped with six streamer winches for 3D/2D/source operation. The package from the Ulstein Group includes comprehensive deliveries of design and main equipment to the six vessels.
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Wednesday, August 27, 2008
Dalian port in oil terminal JV with PetroChina
Hong Kong-listed port operator Dalian Port Co. has announced a $36.5 million oil terminal joint venture (JV) with PetroChina.
The new facility is to be located at Xingang in Dalian and will be able to handle up to 440,000 dwt supertankers with its 28 metre draft. The terminal will have a designed capacity for 300,000 metric tonnes (mt) of crude oil, said Dalian Port Co. which operates oil, container and ro/ro terminals at Dalian in northern China. The 50:50 JV, which has not obtained government approval, has been named Dalian Port. PetroChina International Terminal Co. Dalian Port had earlier this year sold oil tanks with capacity of 450,000m³ to PetroChina. Oil shipments made up 44% of Dalian Port's revenue in the first half of this year, raking up a 12% rise in profit although oil products handled dropped 1.2% to 17 million tonnes. Jiang pinned weaker crude oil transshipment on the sale of the oil tanks to PetroChina, a deal which cut Dalian Port's storage capacity.
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The new facility is to be located at Xingang in Dalian and will be able to handle up to 440,000 dwt supertankers with its 28 metre draft. The terminal will have a designed capacity for 300,000 metric tonnes (mt) of crude oil, said Dalian Port Co. which operates oil, container and ro/ro terminals at Dalian in northern China. The 50:50 JV, which has not obtained government approval, has been named Dalian Port. PetroChina International Terminal Co. Dalian Port had earlier this year sold oil tanks with capacity of 450,000m³ to PetroChina. Oil shipments made up 44% of Dalian Port's revenue in the first half of this year, raking up a 12% rise in profit although oil products handled dropped 1.2% to 17 million tonnes. Jiang pinned weaker crude oil transshipment on the sale of the oil tanks to PetroChina, a deal which cut Dalian Port's storage capacity.
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DP World hosts high-level Shanghai delegation
Chinese team tours Nakheel projects; praises quality and commitment
DP World, Dubai World’s flagship global marine terminal operator today hosted a 17-member high-level civic delegation from Shanghai, China, led by His Excellency Han Zheng, Mayor of Shanghai. The high profile visit included meeting and talks with senior DP World and Dubai World officials and a tour of Nakheel’s island developments. The delegation’s visit, which underlined the rapidly growing economic ties between Dubai and China, was part of a familiarization tour aimed at getting first hand knowledge about the new developmental projects that Dubai World is undertaking at its home base. Jamal Majid Bin Thaniah, Executive Vice Chairman of DP World and Group CEO of Ports and Free Zone World, and Mohammed Sharaf, CEO of DP World, received the delegation and briefed the visitors on the various projects under development. Mr Bin Thaniah said: “DP World is pleased to host the delegation from Shanghai on behalf of Dubai World. The Shanghai delegation’s visit underlines the strong relations between DP World, Dubai World and China. China is also one of Dubai World’s key overseas investment bases. DP World currently operates five marine terminals in China, including Qingdao Qianwan Container Terminal, ACT and CT3 in Hong Kong, DP World Yenta and Tianjin Orient Container Terminals.
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DP World, Dubai World’s flagship global marine terminal operator today hosted a 17-member high-level civic delegation from Shanghai, China, led by His Excellency Han Zheng, Mayor of Shanghai. The high profile visit included meeting and talks with senior DP World and Dubai World officials and a tour of Nakheel’s island developments. The delegation’s visit, which underlined the rapidly growing economic ties between Dubai and China, was part of a familiarization tour aimed at getting first hand knowledge about the new developmental projects that Dubai World is undertaking at its home base. Jamal Majid Bin Thaniah, Executive Vice Chairman of DP World and Group CEO of Ports and Free Zone World, and Mohammed Sharaf, CEO of DP World, received the delegation and briefed the visitors on the various projects under development. Mr Bin Thaniah said: “DP World is pleased to host the delegation from Shanghai on behalf of Dubai World. The Shanghai delegation’s visit underlines the strong relations between DP World, Dubai World and China. China is also one of Dubai World’s key overseas investment bases. DP World currently operates five marine terminals in China, including Qingdao Qianwan Container Terminal, ACT and CT3 in Hong Kong, DP World Yenta and Tianjin Orient Container Terminals.
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Strong growth for Guangzhou Shipyard
Shanghai: Chinese shipbuilder Guangzhou Shipyard International has reported 27.56% jump in revenue to 3.077bn Yuan ($450m) for the first half of 2008 as well as a corresponding 14.62% increase in year on year profits to 533.13m Yuan.
In the first six months of this year, the builder completed construction of nine vessels of an estimated cumulative cargo capacity of 283,000tons of cargos and delivered seven ships. It also commenced building nine new vessels including a few 51,800dwt oil tankers. During that period, it won new orders for five ships of 80,500dwt in total, bringing its orderbook to 65 vessels.
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In the first six months of this year, the builder completed construction of nine vessels of an estimated cumulative cargo capacity of 283,000tons of cargos and delivered seven ships. It also commenced building nine new vessels including a few 51,800dwt oil tankers. During that period, it won new orders for five ships of 80,500dwt in total, bringing its orderbook to 65 vessels.
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Proposal on Ship Speeds in Whale Areas
The Department of Commerce proposed to limit oceangoing ship speeds to 10 knots within 20 nautical miles of the Atlantic ports along migration routes of the endangered right whale.
The recommendations, in an environmental impact statement, reduced the geographic scope of the protections that were proposed two years ago but left the original speed limits intact. Release of the recommendation for seasonal restrictions on the speed of commercial vessels heading in and out of ports from New York to Savannah, Ga., clears the way for possible final adoption of these mandates. On average, about one to two right whales died in collisions with seagoing ships annually from 1997 to 2001. The animals give birth to their calves off the Florida coast in the winter and then migrate north, through heavily trafficked shipping areas, to feeding grounds off New England. The decision was greeted with little enthusiasm by environmentalists, who felt that it did not sufficiently protect the whales. The World Shipping Council, which represents commercial shippers, was also cool to the final speed limit, but the area covered in the recommendation did follow what it had sought. In its 2006 comments on the proposed rule, the trade group argued against a 30-nautical-mile buffer, saying that limit was unwarranted. The group said “the extra cost burden on liner shipping would be reduced by half” with a limit of 20 nautical miles.
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The recommendations, in an environmental impact statement, reduced the geographic scope of the protections that were proposed two years ago but left the original speed limits intact. Release of the recommendation for seasonal restrictions on the speed of commercial vessels heading in and out of ports from New York to Savannah, Ga., clears the way for possible final adoption of these mandates. On average, about one to two right whales died in collisions with seagoing ships annually from 1997 to 2001. The animals give birth to their calves off the Florida coast in the winter and then migrate north, through heavily trafficked shipping areas, to feeding grounds off New England. The decision was greeted with little enthusiasm by environmentalists, who felt that it did not sufficiently protect the whales. The World Shipping Council, which represents commercial shippers, was also cool to the final speed limit, but the area covered in the recommendation did follow what it had sought. In its 2006 comments on the proposed rule, the trade group argued against a 30-nautical-mile buffer, saying that limit was unwarranted. The group said “the extra cost burden on liner shipping would be reduced by half” with a limit of 20 nautical miles.
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Noble Denton secures US$3.5 million vessel design deal
Global offshore and marine consulting firm Noble Denton, UK, has secured a major contract to carry out detailed design work for a new elevated support vessel.
The deal with Gulf Marine Services in Abu Dhabi, is worth approximately US$3.5 million and involves the preparation of a design package and license for a multi-purpose self-propelled jack-up vessel, the ‘Gusto MSC NG-2500X’. The full detailed engineering work will be carried out by the company’s subsidiary ODL from its Sharjah base and work on the primary structure is already underway. The contract is a contributory factor in Noble Denton’s expansion in Sharjah where employee numbers will grow to 100 this year. The NG-2500X is designed to perform field moves and jacking operations without tug assistance. The current design is intended for well services, repair and maintenance, installation and decommissioning projects. It has accommodation for 150 personnel, has a 280-tonne crane and can operate in 60 metres of water. The unit will be built in compliance with ABS regulations and Panama Flag and to full North Sea specifications. Hull construction will take place in China and will take approximately nine months to finish. The vessel will then be completed in the UAE at GMS own facility.
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The deal with Gulf Marine Services in Abu Dhabi, is worth approximately US$3.5 million and involves the preparation of a design package and license for a multi-purpose self-propelled jack-up vessel, the ‘Gusto MSC NG-2500X’. The full detailed engineering work will be carried out by the company’s subsidiary ODL from its Sharjah base and work on the primary structure is already underway. The contract is a contributory factor in Noble Denton’s expansion in Sharjah where employee numbers will grow to 100 this year. The NG-2500X is designed to perform field moves and jacking operations without tug assistance. The current design is intended for well services, repair and maintenance, installation and decommissioning projects. It has accommodation for 150 personnel, has a 280-tonne crane and can operate in 60 metres of water. The unit will be built in compliance with ABS regulations and Panama Flag and to full North Sea specifications. Hull construction will take place in China and will take approximately nine months to finish. The vessel will then be completed in the UAE at GMS own facility.
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