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2017-07-18 11:02:28

Norwegian shipbuilder Ulstein Verft has held the steel cutting ceremony for Color Line’s plug-in hybrid ferry.

The steel cutting took place at the hull yard Crist, Poland, on July 14.

Scheduled to be completed in 2019, the newbuilding will serve the Sandefjord-Strömstad route.

As explained, the ferry will be able to turn to battery power upon arrival to the fjord of Sandefjord, with minimized noise and zero emissions of NOx, SOx and climate gases as result.

The ferry will be 160 meters long and will have a capacity of 2,000 passengers and about 500 cars.

The keel laying is expected to be performed this autumn, Ulstein informed.

2017-07-13 10:36:09

Shell Offshore revealed that its affiliate, Shell E and P Offshore Services, will exercise a contractual right to buy the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore.

The 159,100 dwt vessel is contracted for the Stones deep-water development in the Gulf of Mexico, which began production last year.

As informed, Shell and SBM will work over the next several months to achieve a “safe, smooth transition” of the vessel operations.

“Transitioning the ownership and operations of the 2003-built vessel to Shell affiliates allows the company to pursue additional efficiencies and achieve cost improvements,” Shell explained.

The Stones development is said to be the world’s deepest offshore oil and gas project and is scheduled to deliver approximately 50,000-barrels of oil equivalent per day (boe/d) by the end of this year.

Turritella FPSO has a daily production capacity of approximately 60,000 barrels of oil and 15 million cubic feet of natural gas.

Currently, Shell has three additional Gulf of Mexico deep-water projects under construction – Appomattox, Kaikias, and Coulomb Phase 2 – as well as options for additional subsea tiebacks and Vito, a potential, new hub in the region.

2017-07-12 14:06:38

Danish shipping giant Maersk Line has named its new H-Class ship, Maersk Horsburgh, in South Korea.

The ultra large container vessel (ULCV) was built at Korean Hyundai Heavy Industries shipyard.

With a deadweight of 162,100 tons, the newbuilding features a length of 353 meters and a width of 53.5 meters.

Market value of the boxship currently stands at USD 113.07 million, VesselsValue’s data shows.

“A capacity of 15,226 TEU yet 46 meters shorter than the original Emma Class, these new ships will boost efficiency on global trade routes,” Maersk Line said.

H-Class ships were designed for operational versatility in order to take advantage of shifting trade patterns. The greater capacity allows them to efficiently serve on the East-West trades, while its smaller size means these vessels are also capable of calling what are typically smaller ports on the North-South trades, if needed.

As disclosed, Maersk Horsburgh is part of a number of container vessels, most of them on the large end of the scale, which have begun arriving to the company’s fleet this year to replace older, less efficient ones.

2017-07-12 14:04:21

Offshore services company Bourbon has entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the Hrönn, the world’s first autonomous, fully-automated prototype vessel for offshore operation.

The project will also include the support from the project’s primary technology partner, Kongsberg which will deliver all major marine equipment necessary for the design, construction and operation of Hrönn, including all systems for dynamic positioning and navigation, satellite and position reference, marine automation and communication.

Its vessel control systems including K-Pos dynamic positioning, K-Chief automation and K-Bridge ECDIS and Radar will be replicated at an Onshore Control Centre, allowing full remote operations of Hrönn, the company informed.

“Bourbon will leverage its expertise in building and operating a standardised fleet to provide detailed input to the development and design of the Hrönn project, ensuring flexibility, reliability and cost efficiency to operate safely and effectively in the demanding offshore environment,” the company said.

Hrönn is described as a light-duty, offshore utility ship servicing the offshore energy, hydrographic & scientific and offshore fish-farming industries. It can also be utilised as a ROV and AUV support ship and standby vessel, able to provide firefighting support to an offshore platform working in cooperation with manned vessels.

Automated Ships has progressed the original catamaran design of Hrönn since the project launch on 1st November 2016, opting for a monohulled vessel of steel construction, to provide more payload capacity and greater flexibility in the diverse range of operations.

In the second phase of the project, Bourbon and ASL intend to look for subsidies to finance the effective construction of the prototype.

Bourbon’s entry to the Hrönn project, follows the recent joining of forces with Kongsberg on developing digital solutions for next generation connected and autonomous vessels.

Hrönn’s sea trials are scheduled to take place in Norway’s officially designated automated vessel test bed in the Trondheim fjord and will be conducted under the auspices of DNV GL and the Norwegian Maritime Authority (NMA). The Hrönn will ultimately be classed and flagged, respectively.

2017-07-12 14:01:31

National Iranian Tanker Company (NITC) is considering venturing into the liquefied natural gas (LNG) market as Iran gears up for production of natural gas in the future.

The plans were revealed by Mohammad Reza Shams Dolatabadi, NITC’s head of international affairs, Reuters reported, who said that NITC was looking into the acquisition of LNG tankers in the upcoming three to five years.

The diversification plans and fleet build-up come as NITC marks a substantial return to the European shipping market following the lifting of sanctions against Iran in January 2016.

“Our ships are calling at many European ports, and the number of these shipments is increasing day by day,” he told Reuters.

According to Dolatabadi, the company is eager to renew its fleet and is working on a five-year plan that will include purchasing of new tonnage and dismantling of outdated vessels, but without a major change to the fleet’s capacity.

Earlier this month, NITC’s parent company, National Iranian Oil Company (NIOC), signed a USD 5 billion deal with Total, marking the return of European oil majors to the country.

“By signing this contract, a lot of doubts with some foreign companies to invest and work in Iran will be resolved, and in fact, this will be the beginning of a return for those who want to invest in Iran, not only in Oil industry, but also in other fields not related to oil,” Iranian Minister of Petroleum Bijan Zangeneh said.

As disclosed by NIOC, Iran currently produces 290,000 barrels of crude oil per day, the figure which is going to witness an increase of 78,000 barrels bpd.

2017-07-12 13:58:36

Tanker management company Central Shipping Monaco has placed an order at Hanjin Heavy Industries & Construction (HHIC) in the Philippines for up to four 115,000 dwt tankers.

The order includes two firm plus two additional Long Range 2 (LR2) tankers, valued at USD 45 million each, according to Intermodal Research and Valuations.

The newbuildings are scheduled for delivery in 2019.

Central Shipping Monaco has seven tankers in its fleet and three newbuildings, also being built by Hanjin Heavy Industries, slated for delivery in 2018.

World Maritime News is yet to receive a reply from the company seeking comment on the matter.

2017-07-11 11:21:32

Danish shipping company Evergas informed that Ineos Invention, the eight ‘Dragon Class’ multigas LNG carrier, has been named at Enterprise terminal in Houston.

The naming ceremony for the company’s final 27,500 cbm vessel was held on July 6, 2017.

Built at China’s Jiangsu New Yangzijiang shipyard, Ineos Invention was delivered in May this year to its charterer INEOS.

In 2013, Evergas ordered four identical vessels from two Chinese shipyards, Sinopacific Offshore & Engineering and Jiangsu New Yangzijiang.

The ships are purposely built for the transportation of ethane, although they can carry a wide range of petrochemical gasses and LPG.

“The ‘Dragon Class’ vessels are the largest, most flexible and advanced multigas carriers built to date. Strong relations, strategic focus and an innovative approach between Evergas & INEOS have been key elements that allowed for the creation of a seaborne pipeline bringing US ethane across the Atlantic Ocean to Europe,” Evergas said.

2017-07-10 13:09:44

Singapore-based owner and operator of pressurized gas carriers Epic Gas has taken delivery of the 7,500 cbm LPG carrier Epic Boracay.

Built in 2009 at Japan’s Murakami Hide Shipbuilding, the vessel is the 42nd ship in the company’s pressurised LPG fleet, representing the latest step in Epic’s strategic consolidation of, and growth within, the sector.

The acquisition was financed by a combination of equity and debt. Part of the equity portion of the acquisition was funded through the issuance of 85,714 shares at a share price of NOK 15 per share.

Following registration of the new share capital, the company will have an issued share capital of USD 704,717.71, divided into 70,471,771 shares, each with a nominal value of USD 0.01. NIBC Bank N.V. provided a senior secured loan facility of USD 8.5 million with a 5-year tenor.

Since 2013, the company has acquired 10 second-hand vessels and taken delivery of 17 newbuild vessels as part of its mission to build the leading last-mile service provider to the global seaborne LPG trade.

2017-07-10 13:06:12

BW Group has through its subsidiary BW Pacific placed an order for up to eight Long Range 2 (LR 2) product tankers.

The order, comprising six firm and two optional ships has been placed at South Korean Daehan Shipbuilding, according to BW Pacific’s CEO Tina Revsbech that confirmed the order to ShippingWatch.

World Maritime News is yet to receive a reply from the company seeking comment on the order.

The order marks the company’s shift to the LR2 sector, as BW Group has only been active in  LR1 and medium range (MR) product tankers.

The company’s fleet includes 12 LR1 and 22 MR product tankers, with two LR1 newbuilds scheduled for delivery in 2017.

2017-07-07 14:21:02

Athens-based owner of drybulk carriers DryShips has taken delivery of two Newcastlemax bulk carriers built in 2013.

Featuring around 205,100 dwt each, the bulkers in question are the second and the third ships from the batch of four Newcastlemaxes which DryShips bought earlier this year for a total of USD 124 million.

One ship will be employed under a time charter contract with a “major coal and steel trader” for a gross rate linked to the new Baltic Capesize Index (BCI5TC) plus 20%, while the other will continue its fixed time charter contract with a German-based operator for a gross rate linked to the Baltic Capesize Index (BCI4TC) plus 12.5% and an expected duration of 14 to 18 months.

The four ships acquired under the deal are Marini, Moritz Oldendorff, Valley Star and Wish Star, all of them bought from Hong Xiang Shipping in February, VesselsValue’s data shows.

Dryships earlier said that two of the acquired ships are planned to be employed under time charter contracts, while the other two are set to trade in the spot market.

The first bulker from the batch, built in 2014, was handed over to the company in May this year.

The remaining Newcastlemax is expected to be delivered in the third quarter of 2017, according to DryShips.

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