Marine Log - July 2008 - (Page 11)

Keppel FELS secures Seadrill contracts eppel FELS Limited, Singapore, has secured a $420 million contract to build two jackup drilling rigs for Seadrill Limited, Norway. The new jackup drilling rigs will be built to Keppel’s proprietary KFELS B Class design. The design incorporates Keppel’s advanced and fully—automated high capacity rack and pinion elevating system, and Self-Positioning Fixation System. When completed, these rigs will be able to operate in water depths of up to 400 ft, drill down to 30,000 ft and accommodate 112 men. Delivery of the rigs is set for the second and fourth quarter of 2010. NASSCO is awarded $100 million contract General Dynamics’ NASSCO, San Diego, Calif., was awarded a $100 million contract from the U.S Navy to purchase long lead materials for the construction of a 12th T-AKE dry cargo-ammunition ship. NASSCO is already under contract to construct 11 T-AKE ships at its shipyard—five of which have been delivered. Construction is expected to begin in early 2011 on the 12th ship, with delivery to follow in the later part of 2012. In addition, NASSCO also laid the keel for the second ship in its new series of product carriers. The ship, expected to be delivered in 2009, is being built for U.S. Shipping Partners, Edison N.J. It will be 600 ft long and have a cargo capacity of 331,000 bbls. Named the Pelican State, the tanker will be used in coastal trade, carrying petroleum and chemical products. K In addition, Keppel is currently constructing a semisubmersible drilling tender (SSDT) for Seadrill—slated for delivery at the end of 2009— called the West Beran II. Keppel recently won another contract, from Seadrill, worth $160 million for an SSDT. The latest SSDT, like the West Berani II, will feature a crane capacity of 250 tonnes, four mud pumps and has accomodations for 160 people. It’s scheduled delivery is for the first quarter in 2011. The KFELS SSDT series is designed to operate in deepwaters of up to 5,000 ft. These will be the sixth and seventh tender drilling rigs Keppel has built for Seadrill since 1994. Strategic Marine to build eight crew boats on spec Primary acquires Napier Turbochargers Primary Capital, London, has acquired Napier Turbochargers Limited, a large independent manufacturer of axial turbo chargers. Napier was purchased from Siemens Industrial Turbomachinery Limited, a subsidiary of Siemens AG. The company maufactures turbochargers for diesel, heavy fuel, dual fuel and gas engines in the 0.5MW-20MW power range . Napier also provides spares and aftermarket services. A ustralia’s Strategic Marine will build six 40m vessels at its Singapore shipyard and two 52 m crewboats at its new yard in Mazatlan, Mexico. According to the company’s director, Ron Anderson, with Strategic Marine’s four shipyards up and running, the company is now be able to meet global demand from the offshore market. The decision to build the eight alu- minum crew boats on a speculative basis is expected to boost Strategic Marine’s revenue by over $40 million. Samson Martime, based in Western Australia, has ordered two of the new 40m crew boats, worth $9.8 million. The vessels can reach speeds in excess of 25 knots and will be delivered in May and June of next year. The two 52m boats will be going to Blue Marine’s Pemex supply contract in the Gulf of Mexico. The yard will begin work on The eight crew boats the vessels early next will be built on spec year. in order to meet Strategic Marine industry demand believes, if the remaining six crew boats receive contracts, it’s order book will total close to $300 million. Maersk Lindø yard to cut 250 jobs Denmark’s Maersk Group is cutting 250 from its work force at its Odense Steel Shipyard—Lindø. The shipyard has been operating “at a massive loss” due in part to “international fluctuations, including the U.S. dollar.” www.marinelog.com JULY 2008 MARINE LOG 11 http://www.marinelog.com

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Marine Log - July 2008 Contents Editorial Second Thoughts Update Inside Washington Coastal Shipping Communications Paints & Coatings WISTA’s Jeanne Grasso Showcase Newsmakers Tech News Contracts Events Website Directory ML Buyer's Guide ML Marketplace Tech Talk Gulf Coast Headliner

Marine Log - July 2008

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