Subsea 7’s latest state-of-the-art deepwater Flex / J-lay vessel, the 'Seven Seas', has completed her first major installation project for StatoilHydro's Yttergryta field in the Norwegian sector of the North Sea.
As part of the StatoilHydro frame-agreement, the ‘Seven Seas’ carried out two offshore campaigns where a 130Te PLEM, 25Te Flowbase and 6km dual lay umbilical / 3" MEG line and three spools were installed. The ‘Seven Seas’ will complete mobilization at Dusavik, Norway for her next project at the BC-10 development in the Campos Basin, Brazil. The vessel has been designed to perform highly specialized subsea laying, construction and engineering work for the deepwater global offshore pipe oil and gas industry and is capable of operating in water depths of up to 3,000 metres. ‘Seven Seas’ was delivered in June and is the fourth in a series of eight new vessels joining the fleet between 2007 and 2010, representing a total investment of over US$1.8 billion. Seven Seas’ was also recently confirmed as the lead vessel for Subsea 7's framework agreement with BP Angola for the development of Block 31. The vessel was designed and constructed by Merwede Shipyward in the Netherlands.
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Thursday, August 28, 2008
SMA ties up with Japan's top maritime college
The Singapore Maritime Academy of Singapore Polytechnic took a step eastward in its expanding network of tie-ups with maritime training institutes around the world.
It signed a memorandum of understanding with top Japanese maritime college Toba National College of Maritime Technology. SMA will embark on maritime innovations, academic and student exchange with the 127-year-old college, which was established in 1881, and is the most established among Japan's five maritime colleges. It will be the first time Toba has forged links with an educational institution outside Japan. Academy director Roland Tan and Toba president Taketoshi Yamada signed the agreement to formalize the partnership. The collaboration will advance research in the range of common disciplines between the two institutions and enhance education experiences for staff and students, SMA said. The tie-up will enable SMA students to have training opportunities onboard the five vessels Toba college has access to, including the sail training tallship Nihon Maru. In return, Toba students will be able to join SMA's maritime experiential learning cruises onboard a luxury cruise ship. SMA currently has tie-ups with the Netherlands' Maritime Institute Willem Barentsz, the UK's Newcastle University and Russia's Far Eastern State Technical Fisheries University among others.
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It signed a memorandum of understanding with top Japanese maritime college Toba National College of Maritime Technology. SMA will embark on maritime innovations, academic and student exchange with the 127-year-old college, which was established in 1881, and is the most established among Japan's five maritime colleges. It will be the first time Toba has forged links with an educational institution outside Japan. Academy director Roland Tan and Toba president Taketoshi Yamada signed the agreement to formalize the partnership. The collaboration will advance research in the range of common disciplines between the two institutions and enhance education experiences for staff and students, SMA said. The tie-up will enable SMA students to have training opportunities onboard the five vessels Toba college has access to, including the sail training tallship Nihon Maru. In return, Toba students will be able to join SMA's maritime experiential learning cruises onboard a luxury cruise ship. SMA currently has tie-ups with the Netherlands' Maritime Institute Willem Barentsz, the UK's Newcastle University and Russia's Far Eastern State Technical Fisheries University among others.
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Solar powered roro for NYK
Japan's largest liner NYK Line (Nippon Yusen Kaisha) and refiner Nippon Oil Corporation are designing a ship that will be partially powered by solar energy.
The leading Japanese companies said solar panels capable of generating 40 kilowatts of electricity would be placed on a 60,000 car carrier to be used by Toyota Motor Corp. Toyota is one of NYK’s most important clients and also one of the most stringent customers when it comes to environmental footprints. The solar panels should save up to 6.5% of fuel oil used in powering diesel engines. According to Hideyuki Dohi, general manager at Nippon Oil's energy system development department, the system would help cut CO2 emission by 1-2% or some 20 tonnes per year. NYK Line is slated to invest some $1.4 million in the solar panel to be designed by Nippon Oil.
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The leading Japanese companies said solar panels capable of generating 40 kilowatts of electricity would be placed on a 60,000 car carrier to be used by Toyota Motor Corp. Toyota is one of NYK’s most important clients and also one of the most stringent customers when it comes to environmental footprints. The solar panels should save up to 6.5% of fuel oil used in powering diesel engines. According to Hideyuki Dohi, general manager at Nippon Oil's energy system development department, the system would help cut CO2 emission by 1-2% or some 20 tonnes per year. NYK Line is slated to invest some $1.4 million in the solar panel to be designed by Nippon Oil.
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ZPMC receives order of four cranes to New York's APM Terminal
Shanghai's Zhenhua Port Machinery Co, the world largest port equipments producer, will deliver its all-electric super postpanamax cranes to the APM Terminal in Port Elizabeth, New Jersey.
APM Terminal stated that the delivery of the four cranes is due in mid August and with a specified delivery of daylight arrival at "dead low tide" because of low overhead clearance at the Bayonne Bridge. The STS equipment will be the most technologically advanced cranes working at the marine facility, said the company.
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APM Terminal stated that the delivery of the four cranes is due in mid August and with a specified delivery of daylight arrival at "dead low tide" because of low overhead clearance at the Bayonne Bridge. The STS equipment will be the most technologically advanced cranes working at the marine facility, said the company.
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China’s ports ride wave brought by boost in foreign trade
To many international port operators, investing in China's port facilities is like tapping into an inexhaustible money-making machine.
When ports in other parts of the world have reached their saturation point, those in China are handling over 4 billion tons of throughput a year, maintaining a double-digit growth rate annually. This has been mainly due to the country's blistering growth in foreign trade. China's trade volume exceeded $2 trillion last year. Exports volume grew 25.7 percent from a year earlier to reach $1.22 trillion while imports increased 20.8 percent year-on-year to $955.8 billion. The country has emerged as the world's third largest trading power and the world's fourth largest economy with a GDP of 24.66 trillion yuan ($3.60 trillion) last year. Driven by its strong export growth and huge domestic market demand, China is expected to become the world's second largest economy, second only after the United States in 2011, according to the International Monetary Fund. To maintain a smooth flow of imports and exports, the government has set a target of increasing China's port throughput volume by at least 80 percent during the 11th Five-Year Plan (2006-10). The country will construct 164 new deep water berths and 69 container berths during the period. China's container throughput volume is expected to surge 70 percent to reach 170 million TEU (twenty-foot equivalent units) by 2010. Chinese port operators are vying to construct new berths and upgrade old ones to remain competitive. Shanghai appears to be leading the way. The city could overtake Singapore as the world's largest container port with its throughput volume expected to grow 15 percent this year.
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When ports in other parts of the world have reached their saturation point, those in China are handling over 4 billion tons of throughput a year, maintaining a double-digit growth rate annually. This has been mainly due to the country's blistering growth in foreign trade. China's trade volume exceeded $2 trillion last year. Exports volume grew 25.7 percent from a year earlier to reach $1.22 trillion while imports increased 20.8 percent year-on-year to $955.8 billion. The country has emerged as the world's third largest trading power and the world's fourth largest economy with a GDP of 24.66 trillion yuan ($3.60 trillion) last year. Driven by its strong export growth and huge domestic market demand, China is expected to become the world's second largest economy, second only after the United States in 2011, according to the International Monetary Fund. To maintain a smooth flow of imports and exports, the government has set a target of increasing China's port throughput volume by at least 80 percent during the 11th Five-Year Plan (2006-10). The country will construct 164 new deep water berths and 69 container berths during the period. China's container throughput volume is expected to surge 70 percent to reach 170 million TEU (twenty-foot equivalent units) by 2010. Chinese port operators are vying to construct new berths and upgrade old ones to remain competitive. Shanghai appears to be leading the way. The city could overtake Singapore as the world's largest container port with its throughput volume expected to grow 15 percent this year.
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