Frontier Driller Final Phase Complete

June 7, 2009

Signal International announced the delivery of the Frontier Driller semisubmersible rig which underwent a major upgrade and modernization at its East Bank yard in Pascagoula, Miss.

The scope of work encompassed starting with a veteran semisubmersible rig; renovating and outfitting it with updated drilling and marine equipment to render the rig capable of drilling deeper wells. Major tasks such as construction of new derrick (single lift), new BOP handling structure, addition of winch decks (four corners), new riser decks, new ROV deck, raised mud pit roof, converted chain lockers to bulk mud tanks, and new cement deck. Large structures required major lifts of 50 tons – to larger lifts of 300+ tons; all done safely as planned and scheduled by the yard. The helicopter deck was set and secured (crane released for other work) in record time – less than one work shift. New forward and aft lifeboat decks were set and secured in less than one shift, as safety, planning, engineering and production personnel cooperated to expedite the tasks.

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Final Monte-class boxship christened

June 4, 2009

The ‘Monte Aconcagua’, the last of a series of ten of Hamburg Süd’s 5,552TEU Monte-class containerships was christened in Hong Kong on Friday May 29.

The container ship’s sponsor was Luise Klus, daughter of Dr Ingeborg von Schubert, Chairlwoman of the Advisory Board of the Gundlach Group, Bielefeld.Following the naming ceremony, the ‘Monte Aconcagua’ was phased into Hamburg Süd’s Asia – South Africa/South America East Coast Service (New Good Hope Express).The 45,765kW ‘Monte Aconcagua’ has a length of 272 metres, a beam of 40 metres, a maximum draught of 13.2 metres and a speed of 23.3 knots.

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Somali piracy a boost for London’s shipping insurers

June 2, 2009

London’s shipping insurers are emerging as big winners from the surge in piracy across the Gulf of Aden.

As the frequency of attacks rises, so, too, does coverage of vessels plying pirate-infested waters.
London has been home to the world’s marine underwriting market since 1688 – when Edward Lloyd’s coffee shop became the meeting place to sell coverage for slave ships. And it is the Lloyd’s of London syndicates that make money insuring ships routed through the Gulf. (US insurers do not cover piracy. Figures released last month by marine broker Aon reveal the surcharge for separate kidnap and ransom coverage could mean a shipowner pays an extra $30,000 per journey – for every $3 million worth of coverage – through high-risk seas – 10 times that charged last year. Insurance firms are sensitive to suggestions that they benefit from the actions of pirates wielding rocket-propelled grenades, more so when their shipowning clients are wheezing from the impact of recession. But with 22,000 Gulf transits a year, additional premiums could be worth up to $400 million, says J. Peter Pham, a piracy expert at James Madison University in Harrisburg, Va.

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Riot at Indian shipyard after one worker killed

December 1, 2008

Workers from the ABG Shipyard in India rioted after an accident that killed one employee.

Sukh Narayan, 25, was killed when he was by a speeding hydraulic crane on Tuesday (November 25). He was just about to leave for lunch. His death has prompted the shipyard’s 2,000-strong workforce to riot and ransack administrative offices. Police arriving at the scene used tear gas and batons to calm the workers. “We still don’t know why the workers became angry and damaged the company property,” Subhash Ghantayat, ABG associate Vice President for HR & Corporate Office told local media.

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MOL to launch independent Asia – East Coast South America Service

November 3, 2008

Japan’s Mitsui OSK Lines has announced a new independent service on the Asia-East Coast South America trade starting in January 2009.

The current joint service with Pacific International Line (PIL) will be dissolved. By replacing some of current 3,000TEU class vessels with larger and faster ships, MOL will provide stable cargo capacity and higher schedule integrity to meet customer demand in this growing market. Calling ports and transit times remain unchanged from the existing service. The service will deploy five 3,000TEU vessels and six 4,250TEU vessels on fixed-day weekly services. The port rotation will be as follows: Kobe  – Yokohama – Nagoya – Pusan – Shanghai – Yantian – Hong Kong – Singapore – Santos – Buenos Aires – Montevideo – Paranagua – Sao Francisco do Sul – Santos – Rio de Janeiro – Cape Town – Port Elizabeth – Singapore – Hong Kong – Kobe. The first service will begin on January 26, 2009, from Kobe, Japan.

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Aker Yards France and Norwegian Cruise Line in cruise vessel dispute

October 14, 2008

Aker Yards France is in a dispute with cruise vessel operator Norwegian Cruise Line (NCL) over the costs of the ongoing construction of the vessel currently named C 33.

This is the first of two vessels ordered by NCL in 2006, with a total value for both at Eur $1,470 million (US$1,991.4 million). The vessels are scheduled for delivery in 2010. Jacques Hardelay, president of Aker Yards France, said: “In projects with this magnitude of complexity, we have in this industry several examples that discussions arise during the project execution. We regret that we have a situation with a dispute. “While we are in the middle of this process, it would not be correct to speculate on the outcome, or on possible alternatives. Our focus is to find a solution, including continuing the planned activities at our yard in Saint Nazaire”. While the process to find a solution is ongoing, Aker Yards France aims at continuing the ongoing work on the C 33 vessel, which is approximately 25 percent complete.

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Wärtsilä-Hyundai Engine Company inaugurates new factory

October 11, 2008

Seoul: Wärtsilä-Hyundai Engine Company, a 50/50 joint venture between Wärtsilä and Hyundai Heavy Industries (HHI), inaugurated its new factory in Korea last week.

The factory, which manufactures Wärtsilä 50DF dual-fuel engines for LNG carriers and other marine applications, has an optimal capacity 100-120 engines a year. Speaking at the inauguration event, Ole Johansson, president and CEO of Wärtsilä Corporation addressed the need for new LNG terminals to fulfill the growing demand for gas and LNG vessels. “The present LNG fleet of 260 vessels needs to increase to over 700 vessels by the year 2030. The introduction of new LNG terminals has experienced delays due, among other things, to the lack of availability of equipment and staff. One real alternative to land-based terminals lies in the development of offshore floating projects. Our joint-venture company has just recently received a major order for this type of project,” said Johansson.

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