Wednesday, September 3, 2008

Second MISC tanker hijacked

Malaysia’s MISC Bhd, the world's biggest owner of LNG tankers has announced that its chemical tanker the Bunga Melati 5 was hijacked on Friday when sailing close to the designated security corridor off the Yemen coast.

The vessel was enroute from Yanbu to Singapore with a cargo of 30,000 tonnes of petrochemicals at the time of the incident. Although the authorities have been informed of the incident, no further information regarding the status of its 46 crew members has been released. This is the second successful seizure of an MISC vessel in August, with the latest attack following the August 19 hijack of the Bunga Melati Dua in the Gulf of Aden. The company has since announced a casualty involving a Filipino crew member incurred during the boarding of the vessel by the Somalian pirates responsible.
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Cochin Shipyard to build Small Ship Division

Cochin Shipyard, India, has gained the Union Government’s approval to create a Small Ship Division in the yard.

The project is expected to be completed by mid 2009, and would undertake concurrent construction of small commercial ships with the aircraft carrier for the Indian Navy, which is currently under construction, officials said. Meanwhile, Cochin Shipyard currently has twenty offshore vessels in its order books for European/American clients.
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Jets participating in SMM Exhibition

Jets is participating in SMM exhibition in Hamburg, Germany from September 23-26, 2008.

Jets offer pleasing features for all merchant and offshore applications. Jets is an efficient sanitary system, easy to fit into your design, easy to integrate with any STP, easy to install, operate and maintain. Jets is backed up by the reassurance of Jets long experience. The advantages of vacuum over gravity is that they are smaller and lighter pipes at lower cost, saves water and sewage volume, saves accommodation height at every level and easy retrofit with less deck penetration. Jets vacuum toilet systems offers unmatched performance for cruise ships and ferries. With 47,000 visitors from all over the world and 1,800 exhibitors, SMM Hamburg is a leading international trade fair for this sector. SMM 2008 will once more be presenting a wide range of innovations to meet today's rising standards for more competitive ships.
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Miclyn Express Offshore Takes Delivery

Following the delivery of three 120-ft. (36-meter) crew boats in 2007 and early 2008, Miclyn Express Offshore has taken delivery of the Express 61.

This 90-passenger crew boat is the fourth of the consecutively named Panamanian-registered vessels among the firm’s fleet. The Express 61, like its sisters, is powered by three 1350 hp Cummins KTA38 M2 main engines turning into Twin Disc MGX6690DC gears. With a total of 4050 hp, the BV-classed boats have a 21-knot cruising speed and a 26-knot maximum speed. Auxiliary power includes two Cummins 6BT5.9 DM powered generators. As were the earlier deliveries, the latest boat was built by Penguin Shipyard International Pte. Ltd. in their Singapore shipyard.
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Tuesday, September 2, 2008

Fairplay names new Spanish-built tug

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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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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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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