Stern Tube Seals, Stern Tube Seals Manufacturers

Stern Tube Seal System

AFT / FWD Stern Tube Seal Unit

Key components, which are installed on the propeller shaft and prevent see-water to inflow and oil to leak outside

AFT / FWD Stern Tube Bush

Key components, which are installed on the propeller and intermediate shaft and when shaft is rotation, absorbing vibration & load and supporting them.

Intermediate Shaft Bearing Dynamic Analysis

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[Ship Building] COSCO to win kamsarmax BCs

Greece's Chartworld Shipping has finally inked a letter of intent to build kamsarmax bulkers.

The Kollakis family company has been keen to contract the newbuildings since last year.

Initially, the owner planned to order two newbuildings plus further options at China's Shanghai Waigaoqiao Shipbuilding but it has penned the LOI with COSCO Shipyard Group.

Brokers have publicly attributed a price of about $30m per ship to the project.

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[Marine] PCTC orders, sign for recovery

A run of new PCTC orders has been greeted with optimism by a leading analyst.

Glovis recently revealed it was following rivals Eukor, Zodiac and Ray in booking new vessels with a $214.5m spree.

Erik Nikolai Stavseth of Arctic Securities, said: “We see the move to fill the orderbook as positive for the car carrier segment as it indicates major players seeing higher demand for tonnage.”

He notes Glovis is paying $71.5m for each of its 6,700-ceu ships. This marks a rise from the $67.5m Eukor paid for its 6,500-ceu units.

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[Equipment] ABB wins $80m SHI orders

Energy-efficient, reliable electrical systems to be supplied for five drillships and two LNG carriers to be built by Samsung Heavy Industries.

Zurich, Switzerland, June 28, 2012 - ABB, the leading power and automation technology group, recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drillships and two liquefied natural gas (LNG) carriers to be built at Samsung's Geoje shipyard in Korea.

Samsung is building five drillships (three for Seadrill Ltd. in Norway, one for Pacific Drilling S.A in Brazil and one for Ensco Plc in the UK) and two LNG carrier vessels for Golar LNG Ltd in the UK.

ABB's delivery will help the ships maximize their energy efficiency, as well as provide a reliable power supply to improve the use of onboard equipment.

"This project underscores ABB's excellent reputation for delivering comprehensive, reliable solutions that help our marine customers operate at the highest levels of efficiency," said Veli-Matti Reinikkala, head of ABB's Process Automation division. " Our vast oil and gas industry expertise and resources help us to address the unique process requirements and operational challenges of offshore and at sea operations."

ABB will deliver the complete electrical system for the seven vessels, including power generation and distribution equipment and systems, variable frequency drives and motors to power main propulsion systems and thrusters, as well as drives to power the topside drilling equipment.

The project will be commissioned between 2014 and 2015.

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[Equipment] Wartsila new JV facilities in Russia

June 28, 2012 - Wärtsilä TMH Diesel Engine Company LLC, a joint venture owned 50/50 by Wärtsilä and Transmashholding (TMH), is ready to start construction of a modern factory located in Penza, Russia.

The new plant, which is expected to be ready to start production in summer 2013, will provide world-class assembly and manufacturing facilities.

The joint venture is strategically important for Wärtsilä since it broadens the company's business activities into the rail market, while giving Wärtsilä a stronger industrial foothold in Russia.

Wärtsilä and Transmashholding signed the joint venture agreement in May 2010. The intention is to manufacture modern and multi-purpose diesel engines, including a technically advanced version of the Wärtsilä 20 engine, in Russia.

The engines will be used in shunter locomotives, as well as for various marine and land-based power applications, and are intended primarily for the Russian market. There are also export possibilities outside Russia, including to Commonwealth of Independent States (CIS) countries.

"These new facilities will expand our diesel engine production capacity in Russia and increase our competitiveness throughout the region. With this state-of-the-art plant, we can develop and produce high quality engines that meet the specific requirements of our customers across Russia, and provide them with locally produced and serviced power solutions," says Lars Hellberg, Group Vice President, Wärtsilä Industrial Operations.

The construction work on the 10,000 m2 factory will commence after finalized permission procedures. The factory will be located within the premises of Penzadieselmash, a TMH company. Annual production is expected to be 250 to 300 engines, and the plant will eventually employ some 300 people. Wärtsilä has a 30 year history in Russia, and this latest development represents a notable milestone in its expansion strategy in that market.

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[Marine] STX-KOGAS join hands for LNG

STX Offshore & Shipbuilding of South Korea signed MoU for a joint development of LNG new technology and business with Korea Gas Technology Corporation (KOGAS-Tech) on June 28.

Both companies will expand cooperative development in LNG field and have a system to diversify portfolios.

STX's LNG-related technologies - LNG carrier and FLNG engineering, reliequefaction facility technology, etc. - will be integrated with KOGAS-Tech's LNG regasification facility and maintenance technologies, which will be helpful in developing new LNG-related business and leading the market.

Taking this opportunity, STX and KOGAS-Tech would fuel themselves to develop LNG-FPSO and LNG-FSRPU design technology, Oil & Gas related new business, etc.

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[Marine] KBR wins pre-FEED for FLNG

Houston-based engineering company KBR recently announced that it was selected as Höegh’s preferred engineer to execute pre-FEED studies for two of its projects off the coast of Israel and offshore Australia.

KBR will provide the pre-FEED study for the King liquefied natural gas-floating production storage and offloading (LNG-FPSO) facility currently being evaluated for Noble Energy's giant Tamar gas field off the coast of Israel. KBR has developed FPSOs that are in use worldwide and is recognized as one of the world's leading providers of onshore LNG plants and FPSOs.

Höegh LNG awarded KBR a second FLNG pre-FEED study for an unnamed project offshore Australia. The four-month pre-FEED is intended to provide a Total Installed Cost (TIC) estimate for a two mtpa FLNG facility to enable further evaluation of the project. KBR will perform a cost estimate study, taking Höegh’s existing generic LNG FPSO FEED study and adapting the capex cost for the operator’s field-specific basis of design. Should the project economics prove viable, FEED could start as early as 4Q 2012.

Both projects will be performed in KBR’s London Operating Center, utilizing the company’s substantial and growing FLNG engineering capability spread over the London, Houston and Perth offices.

"We are excited about providing the initial engineering work for an innovative LNG FPSO solution to support Höegh LNG's already-developed concept,” said Roy Oelking, KBR Group President, Hydrocarbons. “We are pleased to work with Höegh LNG, Daewoo Shipbuilding & Marine Engineering Co., and the Tamar field owners in developing one of the first LNG FPSOs to come to market. KBR has been working with Höegh LNG since 2010 and we are confident that, together, we will help Höegh deliver the optimum solution for bringing Tamar gas to the market."

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[Marine] Japan gears up offshore wind

Four different designs for offshore wind floating platforms will be installed off the coast of Fukushima in 2013 and 2014, as part of a demonstration project funded entirely by the Japanese government.

Eleven companies and/or organisations will collaborate on the Fukushima floating offshore wind farm demonstration (Forward) project, with Japanese conglomerate Marubeni leading the project team.

Companies contributing innovative floating platform designs include IHI Marine United, Mitsubishi and Mitsui.

The project's first stage is due to be completed by August 2013, and will involve installation of a floating substation and a 2MW downwind floating turbine, carried by a compact semi-sub.

By August 2014, two further turbines – 7MW designs by Mitsubishi – will be installed, one to be carried by a v-shape semi-sub and the other by an advanced spur.

Discussing the plans at the recent Global Offshore conference held in London, Forward project leader, Tomofumi Fukuda, explained that "we couldn't do this project without full funding from the government". The equivalent of $300m has been set aside by the Japanese department of trade, economic and industry to pursue the project.

The government hopes that the Forward project will result in the emergence of one or more commercially-viable designs for offshore wind floating platforms.

A second demonstration project, in the Goto islands, is based around a floating platform that carries both a substation and a turbine. This project is being funded by Japan's environment ministry. A small 110kW turbine was erected this month, with a plan to replace it with a 2MW turbine next year.

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[Ship Building] Samsung offshore orders exceed 90%

Offshore segment orders account for over 90% of the newbuilding deals secured by Samsung Heavy Industries so far this year, according to Morgan Stanley.

Ensco recently inked a further drillship at the South Korean shipbuilder.

The world’s largest shipbuilder has now won orders worth $6.6bn in the year-to-date says the US investment bank.

The Ensco order now means 50% of Samsung’s orders so far this year are for drillships, with 41% for offshore central processing facility.

Taking into consideration LNG orders, which account for 6% of its order haul this year, conventional ship orders make up only 3% of orders so far in 2012.

Looking at Samsung’s total order backlog, which is valued at some $38.3bn, offshore-related orders make up 62% of this, says Morgan Stanley.

Production units make up 31%, drilling rigs 29%, LNG carriers 14% and wind turbine installation vessels 1%. Conventional ships make up only 25%.

“Commercial vessel markets have remained eerily calm for more than a year or so, yet supply-demand dynamics for big-ticket projects such as offshore and LNG markets are still robust,” says Morgan Stanley’s Sangkyoo Park and Candice Kim.

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[Marine] Drydocks, new Singapore JV yard

Dubai, UAE, 27 June 2012: Drydocks World, the established international player in ship repair, conversion and newbuilding, announced that it has entered into a global strategic alliance with Kuok Group to form a Joint Venture between Drydocks World - SEA and Pacific Carriers Limited, a highly recognised international name in the shipping industry.

The new venture will subsequently be renamed DDW-PaxOcean Asia Pte Ltd and will continue to have its headquarters in Singapore. Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, will also serve as the Chairman of the Board of DDW-PaxOcean Asia.

Mr. Buamim said, "We are committed to this partnership with Kuok and its subsidiaries, which has a long-standing reputation in the shipping industry. Our clients can now benefit from the combined strengths of both our organisations and a broadened global reach within the maritime industry. It is indeed a historic agreement that is totally aligned with our strategic direction and the potential for future business growth is huge."

"We are delighted to have Drydocks World as a joint venture partner," said Pacific Carriers Chairman Teo Joo Kim. "With Pacific Carrier Group's fleet of vessels and Kuok Group's two shipyards in China coupled with the shipyard facilities and expertise of the joint venture and Drydocks World, I see marvelous opportunity to create value for the benefit of the respective parties."

All parties will work together to grow DDW-PaxOcean Asia into a leading yard in the region. The two partners will also collaborate on cross-promotional activities and other strategic initiatives within the offshore and marine industry.

DDW-SEA currently operates four shipyards in Southeast Asia - the Tuas shipyard in Singapore, and the Graha, Nanindah and Pertama shipyards located in Batam, Indonesia. Activities at the shipyards include offshore, shipbuilding, repair and conversion. In addition, DDW-SEA also has a shipping fleet of over 130 vessels.

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[Ship Building] Daewoo's DMHI revamp postponed

After Daewoo Shipbuilding & Marine Engineering of South Korea and 2MMS of Romania signed a contract for financial structure improvement of Daewoo-Mangalia Heavy Industries (DMHI), the action according to the contract has been geing put off, Daewoo said on June 28.

Daewoo owns 51% shares of DMHI and signed a shareholders' agreement with the second largest shareholder 2MMS in order to normalize management of DMHI, in December, 2011.

According to the agreement, both companies are scheduled to increase capital, convert debt into equity, etc., by the end of June 2012. However, the implementation of the agreement is getting delayed as 2MMS' negotiation party has been still undecided, amid change of government, regional election, etc., in Romania.

Daewoo said that they intend to continue negotiation and proceed with the agreement. Also, it will make another regulatory filing about the progress by the end of December this year.

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