Monday, January 4, 2010

Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) (Amendment) Regulations, 2009

(http://www.AugustEnergy.biz/, January 04, Monday) --- MPA press release...

PORT MARINE CIRCULAR
NO. 16 OF 2009

31 Dec 2009

Shipping Community
Master of Vessel

1. This is to bring to your attention amendments to the Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) Regulations 2005, that will be effected when the Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) (Amendment) Regulations 2009 comes into force on 1 Jan 2010. The Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) Regulations 2009 was published in the Government Gazette on 28 Dec 2009.

2. The First Schedule to the Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) Regulations 2005 (G.N. No. S 24/2005) is deleted and substituted with a new First Schedule as found in the Maritime and Port Authority of Singapore (Dangerous Goods, Petroleum and Explosives) (Amendment) Regulations 2009 (G.N. No. S 649/2009)

Bunker Cafe on Facebook

August Energy on Facebook

Thursday, December 31, 2009

Repair Works At Vopak Penjuru Terminal Berth 2

(http://www.AugustEnergy.biz/, December 31, Thursday) --- MPA press release...

PORT MARINE NOTICE
NO. 184 of 2009

30 Dec 2009

Shipping Community
Harbour Craft Community

Applicable to: Mariners operating in the vicinity of Vopak terminal and East Jurong Channel

Date : With effect from 04 Jan 2010 to 03 Jul 2010.

Location : Off East Jurong Channel, within an area bounded by the following coordinates

WGS 84 Datum
Point Latitude (N) Longitude (E)
1 01° 17.892’ 103° 43.874’
2 01° 17.816’ 103° 43.843’
3 01° 17.786’ 103° 43.917’
4 01° 17.862’ 103° 43.948’

Working Hours : 24 hours daily including Sundays and Public Holidays.
Craft : Name Harbour Craft Licence No. Description
Antara Koh PB III SR 0838 I Piling Barge
Antara Koh B7 SR 1218 A Crane Barge
POE 1506 SR 2072 I Crane Barge
Antara Koh 98 SR 2727 H Work Barge
Antara Koh B5 SR 0571 A Work Barge
Eng Tou 64 SR 0437 E Work Barge
Antara Koh AB2 ST 1041 J Tug Boat
Antara Koh AB8 ST 1231 F Tug Boat
SK 3 ST 0007 E Tug Boat
SK 7 ST 0127 F Tug Boat
- SR 0722 F Passenger/Safety Boat

These craft will exhibit the appropriate local and international day and night
signals.
Details : The repair work will be carried out by the crane barges with suspension
hammer.
4 anchors will be laid to hold the crane barges in position within the
working area. Each anchor will be marked with a lighted marker buoys to
indicate the anchor wire touchdown points.
Safety craft will be in attendance during the entire period of stay of the
work area.

Caution : When in the vicinity of the working area, mariners are reminded to:
(a) keep well clear of the lighted marker buoys and not to enter the
working area;
(b) maintain a proper lookout;
(c) proceed at a safe speed and navigate with caution;
(d) maintain a listening watch on VHF Channel 25; and
(e) communicate with Pasir Panjang Control on VHF Channel 25 for assistance, if required.

Bunker Cafe on Facebook

August Energy on Facebook

Sunday, December 6, 2009

SINGAPORE: Keppel O&M wins marine contracts worth S$165 million from Petrobras and Saipem

(http://www.augustenergy.biz/, December 3, Thursday --- Article from EnergyAsia ...

(http://www.energyasia.com/) --- Singapore’s Keppel Offshore & Marine Ltd said it has secured two marine contracts worth a total of about $165 million through subsidiaries Keppel Shipyard Limited and Keppel Verolme BV. (US$1=S$1.38).

The first project, secured by Keppel Shipyard from repeat customer Petrobras Netherlands BV (PNBV), is for the pre-conversion of P-58, a floating production storage and offloading (FPSO) vessel for the Campos Basin in Brazil.

The second project involves the repair and modification of the semisubmersible pipelay vessel, Castoro Sei for Italian oil and gas contractor Saipem SpA by Keppel Verolme.

Keppel Shipyard’s scope of work on P-58 includes structural and piping renewal, tank coating as well as refurbishment and upgrading of the accommodation. When completed in the first quarter of 2011, the vessel will sail to Brazil for the rest of the conversion which includes completion works of the topsides.

P-58 will have a production capacity of 180,000 barrels of oil per day (b/d) and gas compression capacity of 6 million cubic metres per day. It will operate in Parque das Baleias’ north field, in the Campos Basin and spread moored in a water depth of 1,400 metres.

Tong Chong Heong, CEO of Keppel O&M, said: “As a group, Keppel O&M has built a strong reputation and a trusted brand name for diverse projects with safe and efficient turnaround.

“We hope that with our versatility, experience and expertise, we continue to be provider of choice for the international market.”

Renato de Souza Duque, Petrobras’ services director, said:

“We know Keppel very well. They have completed many projects for us successfully and have demonstrated excellent project management and reliability. We look forward to another high quality project from them.”

Keppel Shipyard’s projects for Petrobras and Brazil currently also include the major conversion of FPSO P-57, FPSO BW Pioneer and FPSO Peregrino as well as the modification and upgrading of FPSO Capixaba. At present, Keppel Shipyard is carrying out seven other major conversions and upgrading projects at its yards.

Over in the Netherlands, Keppel Verolme has been tasked to overhaul four thrusters, install new stinger handling support rails and repair and modify the onboard gantry cranes and fendering system of Castoro Sei. The semisubmersible pipelay vessel will also undergo an extensive hull blasting and painting programme.

Work on Castoro Sei is scheduled for completion in the first quarter of 2010. It will be deployed for the Nord Stream project, a gas pipeline which will link Russia and the European Union via the Baltic Sea.

Tiziano Zarbo, Saipem Asset manager for offshore fleet, said: “We had an excellent working experience with Keppel Verolme on the recent drydocking of Saipem 7000. Considering the time constraints and technical difficulties involved, we are pleased to again partner Keppel Verolme which has proven to be a reliable partner to Saipem.”

Bunker Cafe on Facebook

August Energy on Facebook

Monday, November 30, 2009

MARKETS: Plunge in freight rates spurs oil storage at sea

(http://www.augustenergy.biz/, November 30, Monday --- Article from EnergyAsia ...

(http://www.energyasia.com/) --- The decline in freight rates is encouraging companies to charter tankers to store more oil products at sea, said Simpson Spence and Young, the world’s second-largest shipbroker.

In a research report, the broker reported that in October, traders had chartered 112 tankers with a combined 13.1 million deadweight tonnes to store oil products, up from 96 vessels with a total capacity of 11.3 million tonnes in September.

Rental costs have plunged, with the cost of hiring super tankers for a year down 43% this year to US$31,500 a day, the broker said in the report.

Bunker Cafe on Facebook

August Energy on Facebook

Tuesday, November 24, 2009

Quality buyers shore up Schat-Harding orderbook

(http://www.august.energy.biz/, November 24, Tuesday) --- Article from Merlin Communications ...

Despite a rapidly contracting global shipbuilding orderbook, the world’s leading lifeboat and davit manufacturer, Schat-Harding, has secured a healthy US$10.6m of orders for new equipment in the last three months.

The orders cover all types of shipping and offshore units, including orders for new ferries, FPSOs, containerships and warships. The contracts also have a good geographical spread as clients in Korea, Singapore, Mexico, Norway, Germany and China have shown their confidence in Schat-Harding.

Per Einar Gjerding, Director Sales and Marketing, Schat-Harding, says, “We see three reasons why we have been selected on many projects recently. First of all, only the healthiest projects by the strongest owners are being realised these days. They want quality. Secondly, it is important for the shipyards, as our clients, to deliver quality to their clients on the few projects they are awarded these days. They do not gamble. And thirdly, we have worked hard internally with very dedicated and hard working teams to ensure clients get what they need. Our offshore team has been especially effective.”

In Korea, the single largest market for Schat-Harding, both Daewoo Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding have placed orders. Two ferries building for Greek owner Blue Star Ferries at Daewoo will have Schat-Harding MPC32 lifeboats and Stinger fast rescue boats. At STX the FSU building for IOOC will have KISS system boats and davits and also the Stinger fast rescue boat.

In Singapore, Modec has awarded the supply of lifesaving equipment to Schat-Harding for its PSVM FPSO conversion project for BP. It will be fitted with four KISS systems and the Stinger fast rescue craft. Otto Marine Ltd has chosen Schat-Harding KISS systems for a multipurpose vessel building for Norshore.

Mexico’s Pemex has recently ordered four more conventional lifeboat systems for its Litoral Tabasco project. These will be built at Schat-Harding’s dedicated Americas facility in Louisiana, USA.

Gjerding says, “This strong performance in a contracting and difficult market vindicates our focus on quality, and also on post-sales support. Owners need to know that the support and spares they need to keep their lifesaving equipment in good working order will be there for the future. It is also good to note that the strong orderbook contains a spread of new products, such as our very successful Stinger fast rescue boat, and also our tried and tested products such as the MPC32 cruise ship lifeboat and the simple but effective KISS lifeboats and VIP davits.”

Bunker Cafe on Facebook

August Energy on Facebook

Friday, November 20, 2009

SINGAPORE: Stolt-Nielsen keeping storage project on hold

(http://www.augustenergy.biz/, November 20, Friday --- Article from EnergyAsia ...

(http://www.energyasia.com/) --- Norwegian shipping group Stolt-Nielsen is delaying construction of a chemical storage tank terminal in Jurong Island in Singapore until it receives firm commitments from clients to use the facility.

The company had announced plans to build the terminal early last year, with completion due for for end-2009.

Ten oil and petrochemical companies have submitted letters of intent to use the facility, which could cost as much as S$200 million, but none have signed any contracts yet. The Norwegian firm expects several of the companies to make a decision by the end of this year. (US$1=S$1.39).

Potential customers include Shell and ExxonMobil, which are setting up petrochemical complexes in Singapore within the next two years.

Stolt-Nielsen had put the terminal project on hold last year because of the global financial crisis.

If completed, the terminal could store between 250,000-300,000 cubic metres of chemicals.

Bunker Cafe on Facebook

August Energy on Facebook

Thursday, November 19, 2009

Cargoship Maritime BV to restructure time charters

(http://www.august.energy.biz/, November 19, Thursday) --- Article from Merlin Communications...

Cargoship Maritime BV, a Netherlands-based vessel operating company, has entered into talks for restructuring its time charter portfolio. The aim is to renegotiate the time charters of the vessels in the company to better reflect market prospects. The renegotiation will affect time charters of twenty-two ships currently trading, mostly tankers, and thirteen different owners.

All of the vessels affected by the renegotiation are commercially managed by Netherlands-based Seaarland Shipping Management BV. Antonio Zacchello, managing director of Seaarland Shipping Management says, “The world has changed in a way few could have anticipated and shipping in general has entered a very tough period. We all have to adjust to that. The charters within the company were made in different times and are not sustainable in this market. We need to renegotiate the charter rates and periods in order to allow the company to carry on its business and be positioned for the future when the market will recover and the company can resume its charter obligations. We will present everyone involved with a restructuring plan which will be balanced and equal and if that is accepted we can continue payments and the company can go on. Meanwhile we can continue to trade, which benefits all parties. We have the support of our banks and if everyone involved behaves sensibly we can see a clear way forward which avoids dissolving the company.”

The restructuring of Cargoship Maritime does not involve other companies managed by Seaarland.

In move to ensure that the restructuring of the time charter fleet does not affect pool partners, the time chartered vessels in Cargoship have been withdrawn from the Handytankers, Aframax International and Baumarine pools.

The agency agreement for marketing the Handytankers Pool and Aframax International Pool will be terminated and the activity for these regions will be relocated to pool managers Maersk and OSG respectively. The joint venture agreement covering the Suezmax International Pool between OSG and Seaarland has also been terminated. Pool management of Suezmax International is now carried out entirely by OSG.

Singapore-based Global Tanker Pool is unaffected by the Cargoship time charter renegotiation. It will continue to be managed out of Singapore and none of the vessels chartered by Cargoship are entered in the pool.

Bunker Cafe on Facebook

August Energy on Facebook