Hamburg-based company Fairplay Towage has named its latest tug new building ‘Fairplay 30’.
The new vessel was built by the Spanish yard Astilleros Armon in Navia. With an overall length of 39 metres and a beam of 13 metres, ‘Fairplay 30’ and her sister ‘Fairplay 31’, presently under construction, will primarily trade in European waters. However these two tugs have no trading limitations and can work anywhere in the world. Two twelve-cylinder ABC engines, each rated 2,652kW at 1,000rpm generate the power for two fixed-propellers Schottel SRP2020 rudder-propellers, producing a bollard pull of more than 85 tonnes and a free-running speed of 14 knots. Two Volvo six-cylinder-diesel-engines (Type D12D-A MG) with a power output of each 310kW generate the required on-board electricity. The emergency generator set is a Volvo six-cylinder (D7A-A) with a power output 116kW. Fairplay has ordered two further tugs with Armon. Delivery is scheduled for summer and winter 2009. These tugs will provide a bollard pull of over 70 tonnes and will primarily be employed in European ports.
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Tuesday, September 2, 2008
Japan's shipping majors target offshore
The Japanese are targeting offshore as a major future source of revenues.
Nippon Yusen Kaisha, for instance, has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting October 1. FPSOs, FSOs and FSRUs will all be eyed under this new group. Hiromitsu Kuramoto, vice president of NYK, will be in charge of the new group. He will be assisted by Tadaaki Naito, managing director, and Hitoshi Nagasawa, corporate officer. Furthermore, anchor handling tug/supply vessels (AHTS) and platform support vessels (PSV) are likely to be on the menu. Kawasaki Kisen Kaisha ("K" Line) is one step ahead of NYK. This June it signed a strategic partnership agreement to acquire a 15% equity stake in Britain's FLEX LNG. Last year "K" Line ordered four PSVs and two AHTS vessels at a total cost of about Y70 billion with a Norwegian joint venture partner. "K" Line is also planning to enter into the FPSO, drill ship and semi-submersible rig business. It has taken delivery of 10 vessels, with 28 more in the order book. Meanwhile, Mitsui OSK Lines (MOL) has teamed up with Hoegh LNG to bid for FSRUs in a tender by Petrobras of Brazil.
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Nippon Yusen Kaisha, for instance, has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting October 1. FPSOs, FSOs and FSRUs will all be eyed under this new group. Hiromitsu Kuramoto, vice president of NYK, will be in charge of the new group. He will be assisted by Tadaaki Naito, managing director, and Hitoshi Nagasawa, corporate officer. Furthermore, anchor handling tug/supply vessels (AHTS) and platform support vessels (PSV) are likely to be on the menu. Kawasaki Kisen Kaisha ("K" Line) is one step ahead of NYK. This June it signed a strategic partnership agreement to acquire a 15% equity stake in Britain's FLEX LNG. Last year "K" Line ordered four PSVs and two AHTS vessels at a total cost of about Y70 billion with a Norwegian joint venture partner. "K" Line is also planning to enter into the FPSO, drill ship and semi-submersible rig business. It has taken delivery of 10 vessels, with 28 more in the order book. Meanwhile, Mitsui OSK Lines (MOL) has teamed up with Hoegh LNG to bid for FSRUs in a tender by Petrobras of Brazil.
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SK ‘may join Posco’s Daewoo bid’
South Korea's SK Group said that it is considering joining a consortium led by steelmaker Posco seeking a major stake in shipyard Daewoo Shipbuilding & Marine Engineering.
"We are still considering. There are multiple stages we need to take before making a decision," said Kim Ju-hyun, spokesman at SK Group. Kim was referring to an earlier report by local media that SK Group would contribute less than 100 billion won ($89.62 million) in the consortium, an insignificant amount compared with the Daewoo deal that is estimated at $8 billion. Last month, cash-rich Posco and Hyundai Heavy officially expressed interest in the shipbuilder, while energy and construction-focused GS Group and Hanwha Group also handed in letters of intent to buy Daewoo. Posco had said earlier it is seeking shipping and energy companies to join the consortium, expecting such participation would increase its chances in the bidding.
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"We are still considering. There are multiple stages we need to take before making a decision," said Kim Ju-hyun, spokesman at SK Group. Kim was referring to an earlier report by local media that SK Group would contribute less than 100 billion won ($89.62 million) in the consortium, an insignificant amount compared with the Daewoo deal that is estimated at $8 billion. Last month, cash-rich Posco and Hyundai Heavy officially expressed interest in the shipbuilder, while energy and construction-focused GS Group and Hanwha Group also handed in letters of intent to buy Daewoo. Posco had said earlier it is seeking shipping and energy companies to join the consortium, expecting such participation would increase its chances in the bidding.
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Medco, Pertamina to supply gas to Senoro LNG plant
MedcoEnergi and Pertamina will supply natural gas over a 15-year period at a cost in excess of US$12 billion to a new liquefied natural gas plant in Indonesia that will be operated by a Mitsubishi Corp.led joint venture.
About 250 MMscf/d of gas a year will be transported from the Senoro-Toili Block in Central Sulawesi Province through a 30-kilometre (19-mile) pipeline constructed by the Indonesian partners to the LNG plant. Gas deliveries will begin in the second half of 2012. The gas price will be tied to oil price based on Japan Crude Cocktail. The LNG plant will be built and managed by Mitsubishi's 50-per-cent-owned Donggi Senoro LNG (DSLNG). Pertamina owns 29 per cent of DSLNG, with MedcoEnergi holding the remaining 20 per cent. The LNG plant will have production capacity of two million tons (1.8 million tonnes) per annum. Besides natural gas from the Senoro field, the plant will also obtain gas from Pertamina's Matindok Block. The final investment decision to construct the plant is expected to be finalized at the latest by the fourth quarter of this year.
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About 250 MMscf/d of gas a year will be transported from the Senoro-Toili Block in Central Sulawesi Province through a 30-kilometre (19-mile) pipeline constructed by the Indonesian partners to the LNG plant. Gas deliveries will begin in the second half of 2012. The gas price will be tied to oil price based on Japan Crude Cocktail. The LNG plant will be built and managed by Mitsubishi's 50-per-cent-owned Donggi Senoro LNG (DSLNG). Pertamina owns 29 per cent of DSLNG, with MedcoEnergi holding the remaining 20 per cent. The LNG plant will have production capacity of two million tons (1.8 million tonnes) per annum. Besides natural gas from the Senoro field, the plant will also obtain gas from Pertamina's Matindok Block. The final investment decision to construct the plant is expected to be finalized at the latest by the fourth quarter of this year.
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Maritime luminary receives recognition in Singapore
Singapore’s President SR Nathan has awarded Mr. Frank Tsao Wen-King, Founder and Senior Chairman of the IMC Group, Singapore's Honorary Citizen Award 2007.
Tan Sri Tsao is the first maritime luminary to receive this high form of recognition for outstanding contributions of foreigners to the growth and development of Singapore. Born in Shanghai in 1925 and a graduate of St John's University, Tan Sri Tsao founded International Maritime Carriers (IMC) in Hong Kong in 1966. Under his direction, IMC moved its operational headquarters and bulk shipping operations to Singapore in the early nineties. Throughout his career, Tan Sri Tsao has played a pivotal role in shaping the growth of the maritime industry and in promoting maritime education and research. "Singapore has become a very important maritime hub and IMC, over the past 17 years, has grown along with it,” said Tan Sri Tsao. Another of Tan Sri Tsao's prime contributions to Singapore was the set up of the permanent secretariat of the Asian Shipowners' Forum last year.
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Tan Sri Tsao is the first maritime luminary to receive this high form of recognition for outstanding contributions of foreigners to the growth and development of Singapore. Born in Shanghai in 1925 and a graduate of St John's University, Tan Sri Tsao founded International Maritime Carriers (IMC) in Hong Kong in 1966. Under his direction, IMC moved its operational headquarters and bulk shipping operations to Singapore in the early nineties. Throughout his career, Tan Sri Tsao has played a pivotal role in shaping the growth of the maritime industry and in promoting maritime education and research. "Singapore has become a very important maritime hub and IMC, over the past 17 years, has grown along with it,” said Tan Sri Tsao. Another of Tan Sri Tsao's prime contributions to Singapore was the set up of the permanent secretariat of the Asian Shipowners' Forum last year.
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