Vessel’s Particulars: Loa: 225.00m Br: 32.26m Dwt: 76629t Main Items of her DD/Repairs: Drydocking GUANGZHOU DOCKYARDS Co. Ltd is a large joint venture established by CSSC and Ocean Line Holding Ltd January 1st. 2006. The Company has undertaken the original ship repairing business of Guangzhou Wenchong Shipyard, with its more than 50 years of experience in ship repairing and operates Wenchong Shipyard and Longxue Shipyard Wenchong Shipyard has one Graving Dock for ship repairs, L: 300m, Br: 80.2m and about 1200m of Wharfage Longxue Shipyard opened in 2009 and is located 1 hours drive from City of Guangzhou. The yard is a repair facility and have very high and modern standard of...
Read MoreVessel’s Particulars: Loa: 333.00m Br: 60.00m Dwt: 304996 t Main Items of her DD/Repairs: Drydocking Steel Renewals Drydocking ZHOUSHAN IMC YY SHIPYARD & ENGINEERING Co., Ltd, is a joint-venture between IMC Singapore and Chinese Shipbuilding interests operates Facilities for Shiprepairs and Drydockings. The Yard is located in Zhoushan Area with direct access from the Open Sea avoiding navigation in Rivers, and consequent delays etc for the Vessel. Facilities include: (1) Graving docks – Nr.1 L: 350m, Br: 65m – Nr.2 L: 251m, Br: 39m (2) Dock crane : 40T 1set, 25T 2sets (3) Wharf :about 1000 m length with shore cranes 40T 1set & 25T 1set (4) Gantry Cranes : 50T 1set, 30T...
Read MoreVessel’s Particulars: Loa: 274.06m Br: 47.80m Dwt: 146640t Main Items of her DD/Repairs: Drydocking YULIAN SHEKOU DOCKYARDS belongs to China Merchants Group and is one of the biggest Shipyards in South China Area both for Shiprepairs and also Offshore Works. The Shipyard is located at the entrance of the Pearl River close to Hong Kong therefore Vessels avoid navigation is congested and restricted waters. Facilities include: Graving Docks Nr1 L:400m, Br: 83m – Nr2 L: 360m Br: 67m. Floating Docks Nr1 L: 240.5 Br: 36m – Nr 2 L:190m Br: 27.8m. More than 2000m of Wharfage with 14 Shore...
Read MoreVessel’s Particulars: Loa: 243.97m Br: 42.00m Dwt: 105188t Main Items of her DD/Repairs: Drydocking JURONG SHIPYARD offers its expertise in Shiprepairs, Shipbuilding, Conversions, Rig Building and Offshore Engineering. They operate 4 Graving Docks totalling 1.1 million dwt in Capacity and Berthing facilities totalling 2,728m in length. Facilities include Nr. 1 Graving Dock 270m x 40m for Vessels up to 100,000 Dwt, Nr. 2 Graving Dock 350m x 56m for Vessels up to 300,000 Dwt, Nr. 3 Graving Dock 380m x 80.2m for Vessels up to 500,000 Dwt and Nr. 5 Graving Dock 335m x 56m for Vessels up to 200,000 Dwt. New Facilities in Tuas Area include four VLCC docks : Nr1. Graving dock : 350m x 66m, Nr2. Graving dock : 412m x 66m, Nr3. Graving dock : 350m x 66m, Nr4. Graving dock : 360m x 89m. These facilities will commence operations November...
Read MoreMuch has been made of soaring US shale gas production and the dramatic effect it is having on the country’s LNG import/export trades, but fundamental changes in traditional US tanker trades, notably to and from West Africa, have been less well reported. Changing US energy patterns are having a far-reaching impact on the country’s conventional tanker trades, notably in the Suezmax and products tanker sectors. In July, spot fixtures for Suezmax tankers out of West Africa reached 95, almost double the June figure and a sharp increase on every monthly figure for the last two years. The reason, according to New York broker Poten & Partners, is the narrowing of the spread in price between Brent crude oil and West Texas Intermediate. Refinery closures in the US have reduced the requirement for West African imports, the broker says, whilst the ramping up of US crude oil production to the highest levels in 22 years has further impacted the traditional trade for Suezmaxes between Bonny and Philadelphia. Increased activity last month soon had an impact on Suezmax rates. “Timecharter equivalents responded accordingly,” comments Poten in a recent report, “to the delight of many shipowners.” Rates for Suezmaxes between West Africa and the US have averaged about $12,000 a day in the year to date, but plunged to just $6,000 a day in June. But increased activity in July saw rates break through the $20,000 threshold. However, Poten believes the long-term health of the Suezmax trade out of West Africa remains vulnerable. Demand for West African crude depends to a large extent on short-haul Atlantic Basin trades and therefore the spread between Brent crude prices and West Texas Intermediate. The narrowing in spread may have given a short-term boost to the Suezmax business, but the US Energy Information Administration (EIA) expects the spread to return to a more normal $6 a barrel by year end. There are also supply factors to consider, Poten points out. The current Suezmax fleet of around 440 vessels will grow by another 50 vessels or so as today’s orderbook is commissioned in the months ahead. But each 100,000 bbls of West African crude export to the US or Europe only generates demand for two to three...
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