Advantage Tankers & Advantage Products sign fleet agreement covering retrofit and service of 33 Alfa Laval PureBallast 3 systems

Prominent Turkish ship owners Advantage Tankers & Advantage Products (with Genel Denizcilik acting as the technical management company), have selected Alfa Laval PureBallast 3 for ballast water treatment throughout their combined fleet. The recently signed fleet agreement covers a range of PureBallast 3 system types, as well as deckhouses and a service agreement.

Advantage Tankers & Advantage Products have a fleet comprising 16 tankers today. To ensure the ballast water compliance of thier vessels, the companies have chosen to work with Alfa Laval. A total of 33 PureBallast systems, including skid-mounted PureBallast 3 Compact systems and PureBallast 3 Ex systems for up to 3000 m3/h, will be retrofitted across the fleet.


“After an in-depth evaluation of the solutions on the market, we concluded that Alfa Laval and PureBallast 3 are the ideal solution for our fleet,” says Aydin Aydin, Energy Manager at Advantage Tankers & Advantage Products. “PureBallast 3 offers reliable compliance with an excellent fit for the very large flows aboard our Aframax, Suezmax and product tankers.”

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Indian Register of Shipping conducts Technical Seminar in Mumbai

Indian Register of Shipping (IRClass), the leading international classification society recently conducted a Technical Seminar in Mumbai which was well received by industry participants.

The Seminar covered a wide variety of topics including Cyber Risk Management with respect to ISM code, IMO DCS and new services of IRClass like Vessel Performance Monitoring System (VPMS) & OptiTrim which will help owners and managers to improve operational efficiency and optimise fuel usage.

VPMS is designed to help owners and managers in assessing the health of critical machinery & systems, diagnostic and preventive maintenance. OptiTrim is a CFD based voyage planning tool by which optimum trim for a particular loading condition can be selected at different drafts and speeds.

The seminar included a presentation on approval, installation, testing & commissioning of Ballast Water Treatment (BWT) units and scrubbers. This was deliberated by IRClass and a guest speaker from Aries Marine, Dubai who shared their experience and learning based on installation of over 300 Ballast Water Treatment Systems and more than 100 Scrubber installations.

The seminar was highly appreciated by the audience which included leading shipowners as well as managers. The event saw engaging and interactive Q&A session for each presentation.

Mr. K Bhardwaj, Head (Operations) said: ‘IRClass as a knowledge-based organisation is happy to share its perspectives and solutions to help the maritime industry to comply with the latest regulations. We intend to conduct more such events in India and rest of the world throughout 2019’.

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SFL - $270 million lease financing for 3 x 10,600 TEU container vessels and delivery of Front Falcon

Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the "Company") announces that it has entered into lease financing agreements (each, a "Lease Financing") totaling $270 million with an Asian-based institution to finance three 10,600 TEU container vessels acquired in 2018. The vessels are employed under long term time charters to Maersk Line A/S ("Maersk") until 2024, with options to extend the charters by up to four additional years.

Each Lease Financing has a term of more than 10 years, with an option to purchase the vessel back after six years, at expiry of the firm period of the charters to Maersk. A portion of the proceeds from the Lease Financings have been used to refinance the $200 million loan facility arranged at the time of the acquisition.

The interest rate of the Lease Financings is very attractive, and the transactions free up approximately $70 million of investment capacity, which is expected to be deployed in new investments. This transaction follows the recently announced $400 million lease financing on four 14,000 TEU vessels chartered to Evergreen, a leading Asia-based liner company.

In addition, the Company has delivered the 2002 built VLCC Front Falcon to its new owner. The sale of the vessel was previously announced in November 2018, and the net sales price was approximately $30.7 million. Following the sale of the Front Falcon, Ship Finance only has one vessel remaining from the Company's initial fleet in 2004.   

Ole B. Hjertaker, CEO of Ship Finance Management AS, said in a comment: "Our continued ability to source highly competitive capital, with nearly $700 million raised in the matter of few weeks, allows us to act swiftly on accretive opportunities. This has allowed us to continue to expand and renew our portfolio and simultaneously increase our investment capacity."

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Lamprell is pleased to announce that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV ("GeoSea"), the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm, to fabricate jacket foundations for the project. Lamprell will fabricate 45 out of approximately 100 jacket foundatio

ns required for the wind farm, plus three jackets for the offshore substations also being installed for use on the project.

Total project value is in excess of USD200 million. All fabrication work will be performed in Lamprell's Hamriyah and Sharjah yards in the UAE and is expected to commence in Q2 2019.  Lamprell will deliver the jackets to GeoSea from its deep water quayside in the Hamriyah port where GeoSea will transport the jackets to the offshore windfarm field in the North Sea.

The Moray East offshore windfarm project is a 295 km2, 950MW project which is located off the north eastern coast of Scotland and which will be developed and operated by Moray Offshore Windfarm (East) Ltd, GeoSea's client. The wind farm is expected to provide cost effective power for 950,000 UK homes.

Christopher McDonald, CEO, Lamprell, said:

"We are proud to have been selected to be part of the large scale Moray East wind farm project. The contract award manifests our commitment to the fast growing renewables industry which, despite the recent challenges, remains a core strategic focus for Lamprell. Over the past 18 months we have upskilled our workforce and enhanced our systems and processes in order to enable us to deliver projects in the renewables segment safely, cost effectively and to a high standard.  We look forward to working with GeoSea over the months to come."

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LUKOIL Marine Lubricants celebrates a double Award Win for Innovation

LUKOIL Marine Lubricants have successfully taken home two awards which recognise their continual development and contributions within the marine industry.

LUKOIL Marine Lubricants received two awards in the category of innovation. The first was the Technology/Innovation Award at the Fifth Annual Maritime Standard Awards, for developing and enhancing the iCOlube unit; the second received at Dubai Maritime Summit, where the team took home the Dubai Maritime Innovation Award, for their pioneering efforts to advance creativity and innovation in the local maritime sector.

June Manoharan, LUKOIL Marine Lubricants’ Director, who attended both ceremonies, commented on the recent wins: “We are very honoured and grateful to receive this appreciation of our work. We are extremely proud of how far we have come as an organisation; within just ten years of operation we have already positioned ourselves as a technology leader.”

For example, LUKOIL Marine Lubricants was the first lubricant supplier in the market to realize and react to a new concern of engine manufacturers that the 40 BN lubricants available in the market did not seem to provide sufficient detergency to handle 0.1 and 0.5% fuels. Offering a solution to this problem for the years leading up to 2020 and beyond, LUKOIL Marine Lubricants launched NAVIGO MCL Extra in May 2017, a 40 BN marine cylinder oil for distillate, ultra-low Sulphur fuel oil (<0.1%S) and very low Sulphur heavy fuel oil applications.

iCOlube®, LUKOIL Marine Lubricants’ on-board unit for intelligent cylinder oil lubrication, tailors the alkalinity reserve of the cylinder oil in use to engine load and fuel. The feed rate does not have to be adjusted. It always stays at optimum level while only the fuel sulphur content needs to be entered. This maintains the engine in best condition, reduces oil costs, saves fuel, is environmentally friendly and ensures easy and time saving engine operation. In view of lubricant solutions for 2020 and beyond, LUKOIL Marine has even gone one step further and is now offering their iCOlube® unit with an additional option: iCOlube® can now be operated with NAVIGO MCL Extra.

“Our products and solutions have been a result of listening and reacting to the needs and wants of our customers and the industry as a whole. Receiving these awards is confirmation that we are doing a great job and will only further motivate us to continue to do so. ” Manoharan concluded.

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Rolls-Royce to deliver advanced ship technology to two more expedition cruise vessels for Mystic Cruises

Rolls-Royce has signed a deal with WestSea Yard in Portugal, part of Martifer Group, to equip two expeditionary oceanic cruise ships for the Portuguese based cruise company Mystic Cruises. This will be ship number two and three in Mystic Cruises’ new fleet of eco-friendly expeditionary cruise ships.

Mystic Cruises is expanding its push into the ocean-going expedition market and ordered its first cruise vessel in 2017. Now the company has ordered two more 9,300-ton 200-guest expedition vessels. The contract value to Rolls-Royce Commercial Marine is £14 million.

The company, owned by Portuguese entrepreneur Mario Ferreira, will see its first ship debut in 2019 as the World Explorer will sail on charter agreements for Ferreira’s Nicko Cruises brand and Quark Expeditions.

Mário Ferreira, Mystic Cruises, CEO said: “We are going to cruise some of the purest and most beautiful regions of the world. To reduce our impact, we worked with Rolls-Royce to integrate an ultra-sophisticated hybrid propulsion system that dramatically reduces fuel consumption and CO2 emissions, as well as a dynamic positioning system that allows us to avoid using anchors, thereby protecting the maritime environment.”

Rolls-Royce will supply two Bergen, C25:33L8P main engines and a Bergen C25:33L6P auxiliary dual generator for each ship. These connect to a low voltage AFE “SAVeCUBE” power electric system, which allows the engines to operate at variable speeds maximising their efficiency for the required power. Rolls-Royce is also providing the automation and control system, and the complete Promas propulsion system with two CPP propellers integrated with two flap rudders, also steering gears and tunnel thrusters.

Andreas Seth, Rolls-Royce, SVP Electrical, Automation & Control – Commercial Marine said: “It’s is a pleasure to work with forward-thinking customers such as Mystic Cruises and WestSea. Together with the yard and the owner we have carefully considered the operational profile of the vessels to identify the optimum combination of Rolls-Royce technologies in order to reduce emissions and achieve improved performance and fuel economy.”

The Mystic Cruises line of new expedition cruise ships will accommodate 200 guests served by 111 international crew members. The ships will have an operating cruise speed of 16 knots with a strengthened hull and propellers for traversing ice. They will be 126 metres in length with a width of 19 metres, a draft of 4.8 metres and a tonnage of 9300 GT.

Construction of the first of the three vessels, designed by Italian Naval Architect Giuseppe Tringali, is nearing completion at the WestSea Shipyard.

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World Fuel Services expands bunker operations in US leading up to 2020

World Fuel Services (WFS) is pleased to announce a new US based physical bunker supply operation. Starting mid-January, WFS will be operational in the Columbia River, servicing Portland (OR), Vancouver (WA), Kalama (WA), Longview (WA), Rainier (OR), and Astoria (OR).

By partnering with Harley Marine Companies: Pacific Terminal Services and Olympic Tug and Barge, WFS will offer RMG 380 and MGO 0.1% Sulphur by dual product barge at this key location in the Pacific Northwest Coast.

"Our strategic approach to marine fuel includes technical expertise in addition to a broad spectrum of offerings that position us to deliver the highest standards of service to our customers. We continue to listen to our customers to provide services and innovation in ports where World Fuel Services can deliver high value."  Joe Gowen, Senior Vice President, Global Marine Supply, World Fuel Services.

The Columbia River is the nation’s number one wheat export gateway, as well as a premier auto gateway. With this new location, WFS continues to expand its operations with customer-centric solutions heading into 2020.

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Golar LNG receives Limited Notice to Proceed for an FLNG vessel for Phase 1 of the Greater Tortue / Ahmeyim Project, West Africa


Golar LNG Limited ("Golar LNG" or "Golar") announced today that it has received a Limited Notice to Proceed ("LNTP") from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, (together "BP") in their capacity as block operators, in respect of the provision of a Floating Liquefaction Vessel (" FLNG") to support the development of Phase 1 of the Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal. 

The LNTP is in furtherance of the Preliminary Agreement and Heads of Terms for a Charter Agreement with BP which was announced by Golar on April 19, 2018.

The vessel conversion would take place at Keppel Shipyard Ltd ("Keppel") building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's PRICO technology.  Discussions regarding a minority investment in the vessel are also being progressed.

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France’s first tidal energy plant gets smarter with QOS Energy’s data intelligence platform

Quimper, France, 17 December 2018. Sabella, a pioneering tidal and ocean stream turbine developer, has partnered with QOS Energy to improve the performance monitoring of its ground-breaking Ushant tidal energy project. The first 1MW tidal turbine of the plant, immersed 55 metres under water off the west coast of France, is equipped with more than 100 sensors gathering data every 5 minutes. It now uses QOS Energy’s powerful data intelligence platform to identify, assess and anticipate potential failures.

Sabella’s 1MW D10 turbine was initially commissioned in 2015 in the Fromveur Passage, a strait that lies between Ushant Island and the Molène archipelago, off the coast of the French region of Brittany.  After undergoing key technology upgrades, the tidal turbine was redeployed for the second time in October 2018. Once again, the 400-tonne machine lies on the French seabed and captures the tide to provide renewable power to the 800 inhabitants of Ushant island. To optimise the turbine’s operation, QOS Energy and Sabella closely collaborated to develop specific data acquisition techniques and innovative analytics tailored to the constraints of the demanding sub-marine environment.

“Operating and maintaining a utility-scale tidal turbine at such depth is particularly challenging, and data collection and analysis plays a vital role in doing so successfully. QOS Energy’s data intelligence platform enables our O&M team to visualise critical KPIs such as water pressure, temperature, swell energy prediction, rotor speed or torque compared to power produced. We need this cutting-edge monitoring capability to be able to fully understand performance, and effectively control potential failures,” explained Jean-François Daviau, CEO of Sabella.

Sabella is among the very few companies in Europe that can provide commercially-ready tidal energy technology. Its D10 machine is designed to thrive in the harsh marine environment, and to be maintainable long-term. It boasts a simple and robust design, relying on key components redundancy to ensure a very high level of availability. Sabella’s technology can be deployed as part of large tidal commercial arrays, as well as answer the energy needs of remote off-grid island communities.

“Tidal turbine technology has great potential for off-grid islands that can now harvest their abundant tidal resources,” said Daviau. “Unlike most other sources of clean power, tidal energy produces renewable power in a regular and predictable manner, enabling operators to reliably forecast power production over the full life-cycle of a project.”

Off-grid tidal energy represents a considerable and largely untapped market, considering that about 11,000 islands worldwide are permanently inhabited by a population in excess of 730 million people in total. In most cases, off-grid island communities that are also among the first victims of climate change, rely on expensive and polluting diesel-powered technologies to ensure power supply. With an energy cost of energy per MWh that can be 5 to 10 times higher than in interconnected areas, tidal energy, potentially associated to other renewable sources and storage capabilities, is emerging as a sound economic model for off-grid islands.

“QOS Energy strongly believes that tidal energy will play an important part of the future clean energy mix, so we are very pleased to innovate with a pioneering company such as Sabella and make progress in the important field of tidal O&M. We believe that effective plant monitoring and optimisation will be instrumental in bringing this emerging technology from the margin to the mainstream,” concluded Jean-Yves BELLET, VP-CTO of QOS Energy.

Sabella aims to deploy tidal projects in France, as well as in Southeast Asia and North America. With its innovative technology backed by successful pilot projects, the French company has acquired strong international recognition on the 75 to 100 GW global tidal market, which is expected to take off by 2020.

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HHI Group Exceeds Annual Shipbuilding Order Target

Seoul, South Korea – Dec 13 – Hyundai Heavy Industries (HHI) Group has over-fulfilled its annual target for shipbuilding orders ahead of the 2018 year-end, recently concluding a contract to build two state-of-the-art frigates for the South Korean Navy.

HHI announced today the nation’s arms procurement agency Defense Acquisition Program Administration (DAPA) has placed an order valued at KRW 633 billion for two 2,800-ton class frigates.

Capable of sailing at a maximum speed of 30 knots with an overall length of 122 meters and an overall beam of 14 meters, these two vessels would mark the 7th and 8th units of Phase II of the Navy’s Future Frigate Program called “FFG Batch-II,” thereby completing the batch. Currently in the process of building the 3rd and 4th units of the batch as previously ordered, HHI plans to commence on the construction of the two additionally ordered ships in the second half of 2020 for sequential delivery to the Navy by 2023.

Equipped with cutting-edge weaponry such as Tactical Surface to Land Attack Missile and Anti-Submarine ROCket (ASROC), the FFG Batch-II fleet boasts advanced combat power that is a step further from Batch-I’s, while also featuring a hybrid propulsion system that reduces underwater radiated noise and enhances submarine detection capability and survivability.

HHI is the only shipyard to participate in all three phases of the South Korean Navy’s Future Frigate Program. Building on its successful track record of delivering three 2,300-ton class frigates in Phase I of the program, HHI is now responsible for constructing four units of the Phase II fleet as aforementioned, while also working on the basic design process for Phase III.

“These new state-of-the-art frigates will be yet another testament to our long-established reputation of successfully constructing a number of warships,” said Nam Sang Hoon, Head of Special and Naval Shipbuilding Division at HHI. “We are honored to contribute to the Navy’s initiative to reinforce its combat capabilities.”

HHI’s latest achievement brings the year-to-date number of ships HHI Group has on order to 153 valued at USD 13.3 billion in aggregate, which exceeds the group’s annul target for the shipbuilding sector.

The group’s annual shipbuilding orders received in 2018 break down into: 40 gas tankers (25 LNG carriers and 15 LPG carriers), a segment where the group is placed in an unparalleled position; 56 oil tankers; 50 containerships; 4 bulk carriers; 2 frigates; and 1 car ferry.

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