Maersk Contractors, Denmark, will launch its activities under two separate trade names with effect from August 28.
Maersk Drilling is re-introduced to cover all drilling activities across the globe and a new trade name, Maersk FPSOs is established to encompass all floating production, storage and offloading activities. By operating the two business areas under separate and self-explanatory trade names each activity now has a clear and logical identity and can focus on their individual core competencies. “We are changing the name to strengthen our profile, but our ownership and the people taking care of our business will go on unaffected”, said CEO Claus V Hemmingsen. Mr Hemmingsen will be responsible for both business units. In Maersk Drilling, Paul Carsten Pedersen will continue as Chief Commercial Officer (CCO) and Deputy. The name of the Chief Commercial Officer for Maersk FPSOs will be announced shortly and until then, Paul Carsten Pedersen will remain CCO also for this area. For the offices around the world, the parent company will change name from Maersk Contractors to Maersk Drilling. Maersk FPSOs will be established either as a division of this company or as a separate entity subject to the most beneficial local set-up.
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Friday, August 29, 2008
Enercon Launches E-Ship 1 in Kiel
Ship naming and launching ceremonies for Enercon’s new E-Ship 1 took place at Lindenau GmbH shipyards in Kiel on August 2.
After launching, the ship will be hauled to the fitting dock where the final details – fixtures, fittings and equipment – will be installed before the ship is delivered in December this year. The ship’s sponsor, Martina Kuhlmann, Enercon executive assistant, christened the vessel and wished the typical German saying: “Immer eine Handbreit Wasser unterm Kiel” which means “always at least as much water under the keel as the hand is wide”, and in addition “always favourable winds”. The name “E-Ship” was originally only meant to identify the project, but in the meantime the name has caught on so well that Enercon decided to use it to name the actual ship. The “E-” in E-Ship is a symbolic letter. Next year, after the ship has been fully equipped and trial runs completed, the Aurich-based wind turbine manufacturer will start using the vessel to transport its turbines and components worldwide. A large portion of the energy required to propel the ship will be supplied by four sailing rotors – large, rotating, vertical metal cylinders, 25 m tall.
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After launching, the ship will be hauled to the fitting dock where the final details – fixtures, fittings and equipment – will be installed before the ship is delivered in December this year. The ship’s sponsor, Martina Kuhlmann, Enercon executive assistant, christened the vessel and wished the typical German saying: “Immer eine Handbreit Wasser unterm Kiel” which means “always at least as much water under the keel as the hand is wide”, and in addition “always favourable winds”. The name “E-Ship” was originally only meant to identify the project, but in the meantime the name has caught on so well that Enercon decided to use it to name the actual ship. The “E-” in E-Ship is a symbolic letter. Next year, after the ship has been fully equipped and trial runs completed, the Aurich-based wind turbine manufacturer will start using the vessel to transport its turbines and components worldwide. A large portion of the energy required to propel the ship will be supplied by four sailing rotors – large, rotating, vertical metal cylinders, 25 m tall.
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ICTSI takes over Mindanao port operations
The Phividec Industrial Authority formally turned over the Mindanao Container Terminal (MCT) to a International Container Terminal Services, Inc. subsidiary last week in Manila.
Mindanao International Container Terminal Services Inc. (MICTSI) was granted the 25-year MCT concession in May, and took over operations in June. The turnover ceremony was held at the MCT berthside and was attended by Phividec officers, shipping lines and local government officials. ICTSI, which operates five other terminals in the Philippines, has a global port network spanning 11 countries in four continents. Headquartered in the Philippines, ICTSI is on its 20th year of operation, and continues to pursue container terminal opportunities around the world.
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Mindanao International Container Terminal Services Inc. (MICTSI) was granted the 25-year MCT concession in May, and took over operations in June. The turnover ceremony was held at the MCT berthside and was attended by Phividec officers, shipping lines and local government officials. ICTSI, which operates five other terminals in the Philippines, has a global port network spanning 11 countries in four continents. Headquartered in the Philippines, ICTSI is on its 20th year of operation, and continues to pursue container terminal opportunities around the world.
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COSCO launches new feeder container line
COSCO has recently launched a feeder container shipping line connecting the northern and eastern Chinese ports of Tianjin, Yantai and Shanghai.
The weekly service will be connected to COSCO's ocean shipping lines to Europe and America at Shanghai. The maiden voyage vessel loaded 86TEU at Yantai. The launch of the line is expected to relieve the space shortage pressure at Yantai caused by the suspension of COSCO's service to US west coast. The average vessel capacity of the 18 ships is 8,000TEU.
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The weekly service will be connected to COSCO's ocean shipping lines to Europe and America at Shanghai. The maiden voyage vessel loaded 86TEU at Yantai. The launch of the line is expected to relieve the space shortage pressure at Yantai caused by the suspension of COSCO's service to US west coast. The average vessel capacity of the 18 ships is 8,000TEU.
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Incat Crowther to Develop 37.5m Catamaran Motor Yacht
Incat Crowther has been commissioned to develop a new high speed catamaran motor yacht for an international businessman.
The vessel will be capable of cruising at 25 knots and will have long range capabilities in excess of 3500nm. The stylish new catamaran will be 123 ft. in length, and with a 34-ft.beam will provide deck space on a vessel that will be designed for long range cruising. The vessel will be powered by a pair of MTU 12V4000 M71 main engines driving fixed pitch propellers through a reverse/reduction ZF gearbox. The main running gear will be protected by an integrated skeg providing protection from grounding and other potential hazards. The vessel will be built at the West Australian shipyard of Sabre Catamarans, who have a strong history in the construction of high speed aluminium catamarans.
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The vessel will be capable of cruising at 25 knots and will have long range capabilities in excess of 3500nm. The stylish new catamaran will be 123 ft. in length, and with a 34-ft.beam will provide deck space on a vessel that will be designed for long range cruising. The vessel will be powered by a pair of MTU 12V4000 M71 main engines driving fixed pitch propellers through a reverse/reduction ZF gearbox. The main running gear will be protected by an integrated skeg providing protection from grounding and other potential hazards. The vessel will be built at the West Australian shipyard of Sabre Catamarans, who have a strong history in the construction of high speed aluminium catamarans.
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Mercator Lines to enter coal mining business
Mercator Lines, which is possibly the only domestic shipping company to foray into the coal mining business, is now planning to acquire a 50 million tonne coal mine in Indonesia.
Mercator expects to invest $50-75 million (approximately Rs 200-300 crore) for acquisition, a senior company official said. He said that the company is evaluating acquisition options, in terms of quality of coal, coupled with the necessary infrastructure needed to transport this product. Mercator has leveraged its Singapore-based subsidiary Mercator Lines Singapore for its coal mining activities. Mercator Lines’ cash and bank balance at the end of FY08 was Rs 853 crore. Mercator Lines derived nearly 95% of its FY08 net profit of Rs 370 crore from its core shipping business. Almost 15 months ago, Mercator had purchased three coal mines in Indonesia, for an investment of nearly $10 million ( approximately Rs 42 crore). Also earlier this year, it was awarded a coal block in Mozambique, by the local government there. It’s targeting an annual production of nearly one million tonne from their existing Indonesian coal mines during FY09. In order to leverage the opportunities to transport coal from its overseas mines, Mercator Lines also plans to add two more ships with a capacity of 93,500 Dwt (dead weight tonne) each, on a time charter basis, over the next 18 months. The company’s current fleet capacity is 27 vessels, which includes 12 vessels to carry bulk transport.
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Mercator expects to invest $50-75 million (approximately Rs 200-300 crore) for acquisition, a senior company official said. He said that the company is evaluating acquisition options, in terms of quality of coal, coupled with the necessary infrastructure needed to transport this product. Mercator has leveraged its Singapore-based subsidiary Mercator Lines Singapore for its coal mining activities. Mercator Lines’ cash and bank balance at the end of FY08 was Rs 853 crore. Mercator Lines derived nearly 95% of its FY08 net profit of Rs 370 crore from its core shipping business. Almost 15 months ago, Mercator had purchased three coal mines in Indonesia, for an investment of nearly $10 million ( approximately Rs 42 crore). Also earlier this year, it was awarded a coal block in Mozambique, by the local government there. It’s targeting an annual production of nearly one million tonne from their existing Indonesian coal mines during FY09. In order to leverage the opportunities to transport coal from its overseas mines, Mercator Lines also plans to add two more ships with a capacity of 93,500 Dwt (dead weight tonne) each, on a time charter basis, over the next 18 months. The company’s current fleet capacity is 27 vessels, which includes 12 vessels to carry bulk transport.
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Sri Lanka to call for port terminal tenders soon
Tenders for the long-delayed first container terminal in the planned new Colombo south port will be called in the next 2-3 weeks, a senior Sri Lanka Ports Authority engineer said.
Janaka Kurukulasuriya said construction work on the new Colombo breakwater will start as soon as the current south-west monsoon ends. A loading point is being built at Waskaduwa, south of Colombo, to supply the huge amount of quarry material by barge to the project site off Colombo. The contractor selected for the infrastructure work, Hyundai, has already started dredging work, said Kurukulasuriya, chief engineer - development of the SLPA. "For the terminal operation, we're going to select an operator on BOT (built-operate-transfer) terms to operate the first terminal, the south terminal." To start construction work on the first terminal, the contractor has to wait until at least 2,000 metres of breakwater is done. The terminal project is to be completed by early 2012 and the operator will get a concession for 35 years.
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Janaka Kurukulasuriya said construction work on the new Colombo breakwater will start as soon as the current south-west monsoon ends. A loading point is being built at Waskaduwa, south of Colombo, to supply the huge amount of quarry material by barge to the project site off Colombo. The contractor selected for the infrastructure work, Hyundai, has already started dredging work, said Kurukulasuriya, chief engineer - development of the SLPA. "For the terminal operation, we're going to select an operator on BOT (built-operate-transfer) terms to operate the first terminal, the south terminal." To start construction work on the first terminal, the contractor has to wait until at least 2,000 metres of breakwater is done. The terminal project is to be completed by early 2012 and the operator will get a concession for 35 years.
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