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SSG No 10 - Shipgaz

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stena drilling orders<br />

a billion-dollar vessel<br />

ssg-göteborg. Stena Drilling has ordered<br />

a fourth drillship from Samsung Heavy<br />

Industries in South Korea. According to<br />

the shipyard, the price is USD 942 million<br />

dollar, more than 50 per cent above the<br />

price for the previous ordered vessels and<br />

indicating a final at-berth price tag of USD<br />

1–1.1 billion.<br />

The fourth vessel will be delivered in<br />

December 2011. According to <strong>SSG</strong> sources,<br />

no firm charter has been secured yet,<br />

but the vessel will be built for extreme conditions<br />

north of Canada and Russia with<br />

Arctic ice class for safe operation in temperatures<br />

down to – 40 C. Stena Drilling’s<br />

investments in new drillships are now close<br />

to USD 3 billion.<br />

The first vessel, the Stena DrillMAX, was<br />

delivered in <strong>No</strong>vember when it entered a<br />

4+1 year charter with Repsol. Number two,<br />

the Stena Carron, will be delivered this<br />

summer and has a charter with Chevron<br />

for 3+5 years. Number three is expected<br />

next summer and has a charter secured<br />

with American Hess for five years.<br />

The newly ordered drillship.<br />

Stena Drilling is part of the Stena AB<br />

group, which reported a SEK 3.9 billion<br />

profit for 2007, the best year ever for the<br />

group’s tankers, offshore activities and<br />

ferry services, according to CEO Dan Sten<br />

Olsson.<br />

Ahtela inaugurates new ro-ro link<br />

ssg-åbo. The Estonian company Navirail<br />

OÜ, which was founded in 2007 by investors<br />

from Finland, Estonia and the USA,<br />

will shortly start a liner service between<br />

Helsinki and Muuga with the Finnishflagged<br />

ro-ro vessel Ahtela. The 1,590 lane<br />

metres ship has been taken on time charter<br />

by Navirail from Hollming Ltd for five<br />

years. The Ahtela will do two round trips a<br />

day between Helsinki Sompasaari harbour<br />

and Muuga.<br />

The Ahtela has been rebuilt during the<br />

winter to adapt her for the new traffic. A<br />

shelter has been built on the fore part of<br />

weather deck to protect the cargo from icy<br />

spray during winter. The cargo lift has also<br />

been replaced by a ramp for faster handling<br />

of trucks and trailers.<br />

In the beginning of May the Ahtela was<br />

towed from Riga to Turku Repair Yard at<br />

Naantali for repairs of a bearing before<br />

entering service. The Ahtela was built in<br />

<strong>No</strong>rway 1991 and is of the same type as<br />

Birka Cargo’s vessels of the Birka Transporter-class.<br />

She was lengthened in 1998 and<br />

IllUSTrATIoN: PETEr MIlD<br />

KrZYSZTof brZoZA<br />

The Ahtela approaching Naantali on 2 May<br />

2008 under tow by Alfons Håkans’ tug Porin<br />

Karhu.<br />

has for many years been on time charter to<br />

Finnlines. Navirail is planning to interlink<br />

<strong>No</strong>rth and Central European distribution<br />

centers by sea and rail, concentrating on<br />

trailer and container shipments.<br />

The company has the intention to buy<br />

special railway wagons with exchangeable<br />

wheels to cope with the different rail gauges<br />

in Eastern and Western Europe as well<br />

as ordering a new railway ferry for service<br />

between Finland and a port in the Baltic<br />

States.<br />

NEWS REVIEW<br />

TorM cashes in on bulk carrier<br />

D/S Torm has sold one of its six Panamax<br />

bulk carriers to a so far unknown<br />

buyer for USD 70 million.<br />

That leaves Torm with a considerable<br />

profit estimated at around USD 45 million.<br />

The vessel in question is the Torm<br />

Marlene, which is a standard gearless<br />

Panamax bulk carrier from Tsuneshi<br />

Zosen in Numakura. The vessel was<br />

delivered in 1997.<br />

seven soMali piraTes senTenced<br />

Seven pirates captured by security forces<br />

from the semi-autonomous region<br />

Puntland in Somalia have been sentenced.<br />

The pirates hijacked an United Arab<br />

Emirates-flagged vessel bound for<br />

Somalia with a cargo of food and cars.<br />

Five days after the arrest, a judge sentenced<br />

the seven to life in prison.<br />

rolls-royce designs polar ship<br />

Rolls-Royce has been given the task of<br />

designing a new polar research vessel<br />

by the <strong>No</strong>rwegian Institute of Marine<br />

Research. The vessel will be designed to<br />

operate in up to one metre thick ice in<br />

Arctic and Antarctic waters.<br />

It will be equipped for fish-monitoring,<br />

meteorological studies, seafloor<br />

sampling and mapping. It can be operative<br />

in four years at the earliest and<br />

will replace the ice-strenghtened Lance<br />

and Jan Mayen. The price tag is estimated<br />

at NOK 500 million.<br />

herning shipping orders More<br />

Herning Shipping A/S has signed up<br />

for more tankers from Nantong Mengde<br />

shipyard, China. The Danish company<br />

enlarged its portfolio of new ships<br />

with a pair of tankers. The ships will be<br />

another pair of tankers of 8,000 DWT.<br />

The units will be delivered in 20<strong>10</strong> for<br />

a price of USD 20 million each.<br />

eidesvik secures charTer deal<br />

Eidesvik Offshore ASA has secured<br />

a long-term contract with ES Special<br />

Services, Inc., USA, for a large subsea<br />

construction vessel. The vessel will be<br />

delivered from Ulstein Verft in December,<br />

2008.<br />

The contract is for eight years with<br />

optional extensions, and the contract<br />

value for the firm period of more than<br />

NOK 1 billion.<br />

SCANDINAVIAN SHIPPING GAZETTE • MAY 16, 2008 5

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