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Maintenance Vessel

Offshore Work Maintenance Ship Sold, Chartered Back by Otto Marine

Oranda 1: Photo courtesy of Otto Marine

Singapore-based Otto Marine sells Work Maintenance Vessel 'Oranda 1' for US$38.0-million, simultaneously bareboat-chartered back for GofM work. The sales transaction sets to improve the Group’s cash flow and balance sheet. Oranda 1, of LOA 75 m  is an ABS-classed 4,200bhp Work Maintenance Vessel that has completed 4 projects in South East Asia since May 2010. Contemporaneous with the sales transaction, the Group’s subsidiary, Karp Marine Limited, has bareboat chartered back the vessel for a period of 5 years. Oranda 1 is currently executing general topside platform maintenance works in the Gulf of Mexico under a 450-day time charter contract worth US$14.9 million. “Proceed from this sale transaction will be utilized towards repayment of bank loans, thereby improving the Group’s liquidity and working capital. This is very much in line with the Group’s strategy to lighten its balance sheet to optimize operations going forward.” Aw Chin Leng, Executive Director and Deputy President. Otto Marine Limited is an offshore marine group engaged in specialized shipbuilding of offshore vessels for primarily Deep Sea applications. The shipbuilding includes ship repair and conversion. In addition, Otto Marine is chartering out its own fleet of sophisticated and environmentally friendly (clean/comfort class) Anchor Handling Tugs and Offshore Supply vessels for mainly Deep Sea applications.


Status Report: Lightweight Structures at Sea

Figure 1: Valö, the world’s first HSC-classed vessel built in carbon fiber composite, owned by Styrsöbolaget in Sweden.

SP Fire Technology’s involvement in fire-resistant lightweight materials for marine applications has contributed to the construction of several smaller lightweight vessels, and to the current discussion within the International Maritime Organization (IMO) of how larger ocean-going vessels could be built using plastic composites. Background 2005 saw the start of the LÄSS project, which clearly showed the potential economic and environmental benefits of using lightweight materials


The U.S. Navy - Reducing Shipboard Planned Maintenance

The cost of maintaining Navy ships is measured in billions of dollars and millions of man-hours. Requiring sailors to perform excessive, unnecessary, and often counter-productive maintenance does more than waste money. It also wastes that most precious of commodities — sailors' time. This problem is being addressed by the U.S. Navy through the Surface Ship Maintenance Effectiveness Review (SURFMER) program. Since October 1996


DAMOS Vessel Maintenance System Certified by BV

Damen Services, part of Damen Shipyards Group, said that its Damen Asset Management Operating System (DAMOS) has been independently approved by classification society Bureau Veritas. DAMOS is a unique vessel maintenance management system that allows customers to maximise uptime and optimise cost of ownership.  DAMOS is part of the Damen Services Lifecycle Support System and identifies and categorizes all on-board systems of a vessel


BASS Outfits OSM Vessels

OSM Ship Management will equip 14 vessels with the BASSnet Maintenance and Procurement modules. In 2011, OSM had signed up two vessels for these modules. The Maintenance and Procurement modules are among a range of BASSnet fleet management systems that are aimed at providing “one, integrated solution” for all aspects of maritime operations. The software helps fleet operators and ship managers to plan and undertake asset management and maintenance, inventory and material control


Statutory Alert: Revised IMO Guidelines for Maintenance

Revised IMO guidelines for maintenance, testing and inspection of fire protection systems and appliances will become effective on May 31, 2013 and are contained in the circular MSC.1/Circ. 1432. These guidelines should be followed in accordance with SOLAS regulation II-2/14, which requires that all fire protection systems and appliances are kept in good order and that a maintenance plan is developed. The guidelines state that certain maintenance procedures and inspections may be


Claim Preclusion in Actions for Maintenance and Cure

The U.S. Court of Appeals for the Fifth Circuit ruled that the defense of claim preclusion applies to actions for maintenance and cure. In the instant case, plaintiff brought an action against defendant for maintenance and cure for a slip and fall he suffered onboard a vessel. He then voluntarily dismissed his claim with prejudice. Later, he refiled the maintenance and cure action. Defendant then moved for summary judgment


BMT Wins Petrobras Cascade & Chinook Contract

BMT Engineer prepares Free-Standing Hybrid Riser (FSHR) data acquisition modules to go subsea.

BMT Scientific Marine Services (BMT) was contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook Free Standing Hybrid Riser Tower (FSHR) Monitoring System. This agreement includes five years of operation to support maintenance and repair of the FSHR monitoring system, including equipment replacement, change-out of batteries, repair of equipment, preventative maintenance, equipment refurbishment


ABS Nautical Systems Wins Two International Contracts

ABS NS Logo from Web.jpg

ABS Nautical Systems Nets Two New Clients.   ABS Nautical Systems has signed a contract with Samson Maritime Ltd. for the use of its NS5 software.   Located in Mumbai, Samson Maritime Ltd., owns and operates a fleet of offshore supply vessels, maintenance tugs and workboats.   Samson Maritime Ltd. has chosen to implement the Maintenance & Repair, Hull Inspection and Drawings Management modules as offered through the ABS Newbuild Program


Tallink-Silja Installs MPM Upgrade for STA

Photo: Marine Softwear

U.K.-based Marine Software Ltd has delivered an MPM Marine Planned Maintenance upgrade to Tallink-Silja for installation onboard their Swedish flagged vessels "Silja Symphony" and "Galaxy." Project "Systemtillsyn" is a way for the Swedish transport agency to devolve a large portion of their survey responsibility to the crews on Swedish flagged vessels. The Swedish Transport Agency has a survey guide book (THB) which contains all 480 survey items applicable to


New Keel Cooling Option for Diesel Engines

Image: Volvo Penta

Volvo Penta of the Americas today announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market. Volvo Penta is now offering factory-built keel-cooled engines for the entire line of marine


Germany as a Maritime Location Endangered: VDR

Reighstag: File photo

Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry and American and Asian financiers focus on bigger peers, according to a report by PricewaterhouseCoopers (PwC) cited by


Volvo Penta Offer D4, D6 Series Engine Keel Cooling Option

Marine Diesel D4 Engine: Image courtesy of Volvo Penta

Volvo Penta of the Americas has announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market. Details as follows: Volvo Penta is now offering factory-built keel-cooled engines for the entire line


Hyde Marine Makes BWTS Installation Agreements

Ballast water discharge: File photo

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, says it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets as follows: Grand Bahamas Shipyard


Dire Need of NNS Offshore Accommodation: Analyst

Offshore workers: File photo

Declining North Sea production and increasingly mature assets are expected to drive demand for offshore accommodation support, with the attributed maintenance, refurbishment and shutdown work requiring additional personnel-on-board and workshop capacity


Rise of the Semisub Floatel

Declining North Sea production and increasingly mature assets are expected to drive demand for offshore accommodation support, with the attributed maintenance, refurbishment and shutdown work requiring additional personnel-on-board and workshop capacity, Douglas-Westwood reported


Ferry Return Adds to SF Bay Passenger Capacity

MV Bay Breeze: Photo SF Bay Ferry

SF Bay Ferry says that its passenger loads increased significantly in 2013 and continue to increase in 2014. The refurbished 250 passenger Bay Breeze will bring needed additional carrying capacity to San Francisco Bay Ferry’s Harbor Bay/San Francisco service thereby relieving occasional


Beier Radio, Sentinel, Expand, Move to New Offices

Beier Radio logo

Beier Radio, LLC says that with Sentinel Controls it has relocated operations to a new facility in Gray, Louisiana, along the bustling Central Gulf coast near Houma.  In addition, Beier Radio’s corporate office for administration and sales has moved from Belle Chasse to Mandeville


Trailer Bridge Vessel Returns to Service

Following required regulatory inspections along with regular scheduled maintenance in Mobile, Alabama, the Trailer Bridge Ro/Ro vessel the Jax - San Juan Bridge (JSB) returned to service on July 5.  In addition to the American Bureau of Shipping regulatory inspection


American Club Expands E-Learning Offering

The American P&I Club has added to its library of e-learning modules released in cooperation with IDESS IT in the Philippines. The new module covers compliance with The Code of Practice for the Safe Loading and Unloading of Bulk Carriers (BLU Code)


BAE Systems Awarded USS New Orleans Drydocking Contract

USS New Orleans: Photo USN

The U.S. Department of Defense informs that BAE Systems San Diego Ship Repair, San Diego, California, is being awarded a US$15,178,728 modification to previously awarded cost-plus-award-fee contract (N00024-10-C-4407) for 'USS New Orleans' (LPD 18) fiscal 2014 selected restricted availability (SRA)


Shell suspends work on Canadian gas for transport facility

Royal Dutch Shell has suspended development of a liquefaction unit at Canada's Jumping Pound facility, which was to be used to develop the emerging gas for transport market. Gas liquefaction is increasingly being produced for use in transportation of large road vehicles, in trains


Bolidt Decking, Flooring for Viking Cruise Flagship

CGI of the Viking Star

Bolidt Synthetic Products & Systems has secured a contract as exclusive partner to Viking Ocean Cruises for the supply of decking and flooring. The contract covers Viking Star, the first vessel due for delivery in 2015 and its sister ship, Viking Sky, scheduled for delivery in 2016


Andrew Weir to Support UK Navy in Antarctica

HMS Protector A173

Andrew Weir Shipping Ltd. announced that it has been awarded the contract for the support and maintenance of HMS Protector (A173), following a competitive tendering process. HMS Protector is the Royal Navy’s Ice Patrol Ship, and is deployed on operations for 334 days per year


Hyde Marine Selects 2 Installation Partners

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, announced today it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets.






 
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