Marine Log - May 2011 - (Page 5)
IN LAND • COASTAL OFFSHO rE • DEE PSEA
MarAd okays guarantees for Brazilian supply boats
Fred Olsen unit orders drillship
A wholly owned subsidiary of Fred. Olsen Energy ASA recently entered into a turnkey contract with Korea’s Hyundai Heavy Industries Co., Ltd. for the construction of a new ultradeepwater drillship. Under the deal, the drillship will be delivered in the third quarter of 2013. Total project cost is estimated to be $615 million. The contract includes an option for a similar second drillship exercisable within October 2011. This DP drillship will be designed for water depth of up to 12,000 feet, with a seven ram BOPs (Blow Out Preventers), dual activity capability, five mud pumps, and a 165 ton capacity heave compensated crane.
ate last month, U.S. Maritime Administrator David Matsuda announced a $241 million Title XI shipbuilding loan guarantee that will clear the way for the Eastern Shipbuilding Group, Panama City, Fla., to build five platform supply ves-
The Dwight S. Ramsay is one of two Platform Supply Vessels built by Eastern Shipbuilding for Aries Marine Corp.
sels (PSVs) for export to Brazil. As we reported back on March 8 on www.marinelog. com, the contract is with Boldini S.A., Rio de Janeiro, Brazil, for five 282 ft PSVs. Eastern Ship-
building Group has built eight PSVs since 2003, and has three others under construction. The Boldini project will generate an estimated 300 local jobs over the next three and a half years. Eastern Shipbuilding recently delivered two diesel-electric PSVs, with an overall length of 292 ft, beam of 64 ft, and depth of 24 ft 6 inches for Aries Marine Corp., Lafayette, La. Naval architects STX Canada Marine Inc., Vancouver, Canada, were the designers of the Aries Marine vessels. Eastern Shipbuilding marketed the vessels as the “Tiger Shark” design, while STX Canada Marine, Vancouver marketed those 4,500 dwt Platform Supply Vessels as the PSV 23DE. The Boldini vessels are expected to be based on STX Canada Marine’s PSV 25 DE design, a different hull form than the Aries Marine PSVs. These will be STX Canada Marine’s first designs for the Brazilian market. The new vessels are ultimately expected to go to work for Petrobras in Brazil’s deepwater
offshore market. M A R A D L OA N G UA R A N T E E S LONG TIME COMING The application for the Title XI loan guarantee for the Boldini project arrived at MarAd over two years ago—on March 10, 2009—according to the Pending Applications posted on MarAd’s website. “Today’s signing demonstrates that America’s shipbuilders can be competitive in international markets,” said Maritime Administrator David Matsuda, during a visit to Eastern’s Panama City shipyard. “We will support these export opportunities for U.S. businesses and American shipyard workers wherever possible.” In 2008, Eastern was awarded a $581,000 federal grant for shipyard software and equipment from the agency’s Small Shipyard Grants Program. Additionally, in 1999, MarAd provided a federal guarantee on a $6 million loan to finance facility upgrades.
Abandoned anchor owner blamed for ATHOS I spill
C I T G O A S P H A LT R E F I N I N G Co., CITGO Petroleum Corp. and CITGO East Coast Oil Corp. can not be held responsible for the oil clean up costs and losses associated with the damages from ATHOS I in a 2004 oil spill, according to a recent decision by a senior district court judge in the Eastern District of Pennsylvania. The law firm Chalos & Co., P.C., reported that the decision was rendered by Senior District Court Judge John Fullam on April 12, 2011. Back in November 26, 2004, the 748 ft, Cypriot-flagged M/T ATHOS I, which was carrying about 300,000 barrels of heavy crude oil, struck a large, submerged anchor while preparing to dock at a refinery in Paulsboro, N.J. The 18,000 pound anchor punctured the vessel’s bottom, resulting in the discharge of
The Athos I lists to starboard, after its struck a large submerged anchor in the Delaware River in 2004 www.marinelog.com
nearly 265,000 gallons of crude oil into the Delaware River and nearby tributaries. At the time, the ATHOS I was owned by Frescati Shipping Co. Ltd. was on charter to Star Tankers Inc., which in turn had sub-chartered the vessel to CARCO. Chalos & Co. reports that the Court was of the opinion that the fault for the casualty lies with the unknown and unidentifiable owner of the anchor, who abandoned it in the river without notifying anyone. The Court entered Judgment in favor of the Defendants, the three CARCO entities, and dismissed the claims of the Plaintiffs, Frescati Shipping and the government.
MAY 2011 MARINE LOG 5
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