China: COSCO Dalian Shipyard has signed four tanker-based FPSO conversion projects with MODEC.
One of these, ‘Song Doc Pried’ has already been delivered to Truong Son Joint Operating Company (TSJOC) and another VLCC, ‘Apollo Shoju’, has been renamed. The work scope for this VLCC conversion included repair and life extension, specialist FPSO structure construction, topsides module installation and integration as well the fitting of steel structure, cable pulling and piping work. Up to now, COSCO Dalian Shipyard has achieved outstanding safety results. A total of four million man hours have been spent on the two MODEC projects without any time being lost due to injury.
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Sunday, October 19, 2008
Sri Lanka new port terminal draws Maersk interest
The Maersk group, which runs the world's biggest shipping line, may be interested in investing in a new container terminal in the planned new deep-draft port next to Colombo, a company official said.
Maersk Line is part of the Danish AP Moller-Maersk group and operates independently of the terminal operator unit, APM Terminals (APMT). "APM Terminals may tender for south port terminal project," said Amal Rodrigo, country manager of Maersk Lanka. Construction work on the breakwater of the new port is underway and the government is about to call for tenders to build the new port's container terminals. The tenders for the project were first called last year but cancelled when the government could not decide between the two top contenders, Port of Singapore Authority and Hutchison Port Holdings of Hong Kong. The AP Moller-Maersk group, commonly known as Maersk, is the world's largest container ship operator and also a big container terminal operator. It is one of Colombo's biggest customers and also has a stake in the privatized South Asia Gateway Terminals container facility.
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Maersk Line is part of the Danish AP Moller-Maersk group and operates independently of the terminal operator unit, APM Terminals (APMT). "APM Terminals may tender for south port terminal project," said Amal Rodrigo, country manager of Maersk Lanka. Construction work on the breakwater of the new port is underway and the government is about to call for tenders to build the new port's container terminals. The tenders for the project were first called last year but cancelled when the government could not decide between the two top contenders, Port of Singapore Authority and Hutchison Port Holdings of Hong Kong. The AP Moller-Maersk group, commonly known as Maersk, is the world's largest container ship operator and also a big container terminal operator. It is one of Colombo's biggest customers and also has a stake in the privatized South Asia Gateway Terminals container facility.
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Tanker Shuffle at Aker Philadelphia
American Shipping Company has notified Aker Philadelphia Shipyard (Oslo: AKPS) and Overseas Shipholding Group that AMSC will change the building sequence of its 12 tanker build program, as it has not yet been able to arrange financing for the two shuttle tankers in that program.
The two shuttle tankers are intended for bareboat charter to Overseas Shipholding Group, who will time charter the vessels to Petrobras for operation in the Gulf of Mexico. Without financing in place for the shuttle tankers, Aker Philadelphia Shipyard cannot draw on its committed construction financing facility to build these vessels and, therefore, the building sequence will be changed. AMSC notes that the shipbuilding contracts and bareboat charters for the shuttle tankers provide flexibility with respect to delivery of the vessels and make this change in building sequence possible. AMSC currently anticipates that the two shuttle tankers will be delivered in compliance with their respective bareboat charters, provided that financing is in place.
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The two shuttle tankers are intended for bareboat charter to Overseas Shipholding Group, who will time charter the vessels to Petrobras for operation in the Gulf of Mexico. Without financing in place for the shuttle tankers, Aker Philadelphia Shipyard cannot draw on its committed construction financing facility to build these vessels and, therefore, the building sequence will be changed. AMSC notes that the shipbuilding contracts and bareboat charters for the shuttle tankers provide flexibility with respect to delivery of the vessels and make this change in building sequence possible. AMSC currently anticipates that the two shuttle tankers will be delivered in compliance with their respective bareboat charters, provided that financing is in place.
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