DAILY COLLECTION OF MARITIME PRESS CLIPPINGS

DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024

Number 024*** COLLECTION OF MARITIME PRESS CLIPPINGS ***Tuesday 21-02-2006 News reports received from readers and Internet News articles taken from various news sites.

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The DOCKWISE 10 loading two container cranes at Kalmar in the Maashaven in Rotterdam Photo : Hans de Jong - Maritime Pictures © PSi-Daily Shipping News

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SMITWIJS TOWAGE B.V. Westplein 5b 3016 BM Rotterdam The Netherlands Telephone: +31 10 412 6969 Telefax:+31 10 436 9587 E-mail: [email protected]

EVENTS, INCIDENTS & OPERATIONS

Introducing Acergy

Stolt Offshore is becoming Acergy.

The SEAWAY OSPREY enroute a shipyard in Amsterdam to be re-painted in the new ACERGY colours and will leave the dry dock with her new name ACERGY OSPREY Photo : Joop Marechal © Following the sale of Stolt-Nielsen’ s shares in the company, Stolt Offshore was required to change their name for legal reasons. But this obligation also gives the company a unique opportunity – to create a new name and brand that reflect their vision and values. This evolution is yet another key step in the development of the group. Becoming Acergy sends out a clear signal to the world about Acergy’ s intentions. It tells their clients, their partners and their employees that Acergy will work as one group worldwide. Globally aware and capable, but also sensitive to local markets and issues. Acergy possesses a wealth of experience and a strong reputation. What’ s new is not only the name and PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 visual identity – but also the way Acergy want to work with their clients. They aim to become more closely connected to them – to understand what they need and respond accordingly. Acergy want to use their expertise to improve the quality of the service we provide for them – and to continue raising the bar on quality all the time. Ultimately, with their support Acergy want to be recognised as the acknowledged leader in seabed-to-surface engineering and construction; a partner the client can trust absolutely. Acergy recognise that there’ s still some way to go to achieve this – but they determined that becoming Acergy will mark the next stage in the development of the business. Acergy did not come out of the blue. It’ s the end product of a rigorous process to find a name that is original and adaptable, that sets he company apart from our competitors, and that they can own legally and in every other sense. The name Acergy is chosen because it meets all the naming objectives: It’ s distinctive – it sets Acergy apart from their competitors. It’ s original – created a unique word to name a unique business. It’ s memorable – a simple, three-syllable word that sticks in the mind. It’ s practical – easy to say Ay-ser-gee and with just six letters, easy to use on everything from business cards to vessel hulls. It’ s appropriate – the word derives from the Latin term for sharp – a subtle reference to both the services we provide and the way we work. And by fusing Acer with an element of the word energy we also sustain a link with our industry. In fact, we create both a name and a descriptive term that sums up Acergy’ s attitude and approach.

ACERGY The name has been through the legal processes and is now fully registered.

Greek Farmers and Sailors Clash Farmers clashed on the island of Crete with striking seamen who kept Greece's ports closed for a fifth day on Monday. The protest has caused food and gasoline supply problems for some Greek islands, and forced farmers to dump perishable goods. The clashes broke out at the Cretan ports of Iraklio and Hania, where protesting farmers stormed into a local government building and tried to cut ropes keeping ships at port. Protesting seamen began the strike Thursday, seeking better pay and pension rights. They are due to end the stoppage Wednesday. The government has put navy vessels on standby to transport emergency supplies, and appealed Monday to the striking Greek Seamen's Federation to restart some commercial ship services. PSi-Daily Shipping News

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"This is a very serious issue which concerns not only the seamen but the farmers whose produce ... is being destroyed because of the delays created by the strike," government spokesman Theodoros Roussopoulos said. "In every strike there are usually provisions made for emergencies," he said. "We request that one ship be allowed to sail to each destination to cover emergency requirements."

Kidnappers carry out attack on oil plant and navy vessel MILITANTS holding nine foreign hostages, including one Briton, in southern Nigeria said they attacked another oil facility today and blew up a military vessel in ongoing violence that has cut about 20 percent of crude production in Africa's oil giant. The Movement for the Emancipation of the Niger Delta said they attacked a Shell-operated pipeline switching station and a navy vessel in the oil-rich southern region. "Both were destroyed with explosives," the group said. The militants said no one had been killed. A London-based Shell spokeswoman had no information on any violence against the company's facilities. Nigeria is reeling from weekend attacks in which militants blasted pipelines and sabotaged a key oil loading terminal belonging to Royal Dutch Shell, forcing the company to halt the flow of about 455,000 barrels a day.

Time warp as 18th century ship docks For a brief moment, just after two o'clock on Sunday afternoon, the V&A Waterfront seemed to have been caught in a time warp as the Gotheborg, a replica of an 18th-century Swedish sailing ship, arrived for a stopover in Cape Town. When the replica of a famous Swedish East India Company ship approached the harbour, Cape Town was misty, making it seem almost untouched by the 20th century. Photo : Jan J. Westerbeek © MV Prinsendam The ship left the harbour of Sweden's second-biggest city, Gothenburg, on October 2 on a voyage to Canton, now known as Guangzhou, in China. 'Seeing Table Mountain was naturally another high' Her namesake's last voyage ended dramatically on a misty day in September 1745 when she hit a rock and sank in Gothenburg harbour. Inspired by a group of enthusiastic individuals, the Svenska Ostindiska Companiet was re-established in the 1990s and a replica of the ship built. Whereas the original ship had to sail past the Cape because of hostile Dutch traders, her replica was welcomed by a cheering crowd of hundreds of people. The 76 tanned crew members respectfully listened to South Africa's national anthem. In their midst were four young Capetonians who had been given the opportunity to sail with them from Recife, Brazil. One, Nolonwabo Maritie Yipha, 21, of Cape Town, who began sailing a year ago, said: "The first four days were terrible because I was seasick, but the rest of the six weeks will stick with me for the rest of my life." PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 Her hands full of calluses and her arms bruised, Yipha said just before recognising her family in the dense crowd: "It was hard work, but I cannot imagine that I will again sail on a ship this beautiful." For Capetonian Leroy Rudolf, 18, the highlight of the 40-day voyage was climbing the rigging. Photo : Jan J. Westerbeek © MV Prinsendam "Not to forget the Swedish people. I have made friends for life," he said. "Seeing Table Mountain was naturally another high. It feels good to be home. I am ready for a cold beer now." Several events involving the ship have been planned until February 28, when she leaves for Gothenburg's partner city, Port Elizabeth. On March 9 she continues her voyage to Guangzhou, which she is expected to reach in July.

Strong wind, waves hamper China rescue of 31 seamen.

Rescuers were fighting strong wind and waves yesterday as they searched for 31 sailors missing after a Panamaregistered freighter sank off China's south-eastern coast, the government said. Four sailors had been rescued and two bodies recovered since the freighter sank on Thursday off Pingtan Island in Fujian province, the official Xinhua News Agency said. The Hengda 1 sank with 37 crew members aboard after hitting a coral reef in stormy weather, according to the government. On Sunday, the East China Sea Salvage Bureau under China's Ministry of Communications sent a 14-member rescue team, including 10 divers and engineers, to join the rescue effort but operations were hampered by fierce wind and high waves, Xinhua said. A rescue official said earlier that the ship was bound for Indonesia with a cargo of seafood. Xinhua said that all the crew members were Chinese but did not give their identities. Panama's Maritime Authority said on Saturday that it would send an investigator to China to look into the incident - the second fatal sinking of a ship on its registry this month. On Feb 3, the Al-Salaam Boccaccio 98, a ferry bearing Panamanian registry, sank in the Red Sea, killing about 1,000 people. Panama has one of the largest ship registries in the world, with 6,500 vessels flying its flag. It is widely considered a 'flag of convenience' because of the country's low registration costs and requirements. The Maritime Authority said earlier this month that it will tighten oversight of the companies that inspect its ships.

Shortsea trafiek op Belgische havens kent sterke groei Afgelopen jaar werd in de vier Vlaamse zeehavens meer dan 113 miljoen ton verhandeld met shortsea shipping. Dat is een toename met 5,3 procent tegenover 2004. Meer dan de helft van alle haventrafiek in Vlaanderen wordt gegenereerd door shortsea shipping. Dat blijkt uit cijfers die zopas werden vrijgegeven door het Vlaams Promotiebureau voor Shortsea Shipping. PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 Grote verladers zien shortsea shipping steeds vaker als een probaat middel om de verkeersproblemen op de overvolle wegen te vermijden, en om de transportkosten per eenheid product te beperken. Ook de Europese Commissie heeft van het bevorderen van deze transportmodaliteit sinds de jaren ‘ 90 een beleidsprioriteit gemaakt. Alle grote bevolkingscentra en alle grote industriegebieden in Europa kunnen bereikt worden met kustvaarders, al dan niet in combinatie met binnenschepen. In het bijzonder de landen rond de Baltische Zee, de Noordzee en de Middellandse Zee komen hiervoor bij uitstek in aanmerking. Zo bestaan er geregelde shortsea lijndiensten vanuit Antwerpen, Oostende, Gent of Zeebrugge naar een hele reeks havens in Groot-Britannië, Scandinavië, Spanje, Italië, Griekenland, Turkije of een Noordafrikaans land. Door een combinatie van zeevaart en vaart op de grotere rivieren en kanalen, kunnen in bepaalde landen zeerivierschepen ook locaties bereiken tot diep in het binnenland. Recordcijfers Het succes van shortsea shipping blijkt uit de cijfers, die zopas zijn bekend gemaakt. De totale behandelde tonnage in de Vlaamse zeehavens bereikte in 2005 het record van 224,6 miljoen ton. Daarvan was niet minder dan 113.124.916 ton afkomstig van shortsea shipping, wat overeenkomt met 50,4 procent. In twaalf maanden tijd werd er 5.709.882 ton meer aan- en afgevoerd per shortsea shipping. Daarmee bevestigt shortsea shipping de trend van de afgelopen jaren. In vergelijking met 1999 is de shortsea trafiek in Vlaanderen toegenomen met 24.603.240 ton of 27,8 procent. Daarenboven wint shortsea shipping aan belang tegenover de oceaanvaart: vandaag is 50,4 procent van alle maritieme trafiek in onze zeehavens afkomstig van shortsea shipping; zes jaar geleden was dat percentage nog maar 47,8. De Vlaamse havens Antwerpen blijft veruit de belangrijkste haven van België voor shortsea shipping. In 2005 behandelde de grootste Vlaamse haven 70,2 miljoen ton vracht van shortsea trafieken. Bijna twee derde of 62 procent van alle shortsea trafiek in Vlaanderen komt in Antwerpen tot stand. Het relatief belang van shortsea shipping verschilt van de ene tot de andere zeehaven. Geen enkele haven is meer gefocust op shortsea shipping dan Oostende, waar 98,8 procent van alle trafiek van deze vervoersmodaliteit afkomstig is. De groei van de Oostendse haven mag nagenoeg volledig aan shortsea trafieken worden toegeschreven. Met 7,7 miljoen ton lag in Oostende de shortsea trafiek in 2005 maar liefst 146 procent hoger dan in 1999. Zowel in absolute tonnage als in termen van relatief belang, is Zeebrugge de tweede belangrijkste shortsea haven van ons land. Verleden jaar werd er 25.791.918 ton shortsea vracht behandeld, een toename met 1.292.866 ton of 5,3 procent tegenover 2004. In Zeebrugge is shortsea shipping thans goed voor 74,6 procent van alle behandelde tonnage. Gent kende een lichte achteruitgang van het shortsea verkeer, in lijn met de algemene daling van de maritieme trafieken. Shortsea handhaaft zich in Gent op het niveau van 2002. Fluvio-maritieme trafiek Op de grote kanalen en rivieren stabilizeerde de shortsea trafiek in 2005. In totaal werd er 1.436.421 ton shortsea vracht vervoerd op het Albertkanaal en op het Zeekanaal naar Brussel. Uitgedrukt in volume shortsea vracht is het Zeekanaal twee keer zo belangrijk als het Albertkanaal. Met 450.445 ton shortsea trafiek vertegenwoordigt het Albertkanaal 31,4 procent van de shortsea shipping op Vlaamse rivieren en kanalen. Zes jaar geleden, in 1999, werden op Albertkanaal en Zeekanaal nog 1.759.255 ton per shortsea vervoerd. Het Albertkanaal was toen nog goed voor 42,4 procent van het shortsea vervoer op rivieren en kanalen. De totaalcijfers van de fluvio-maritieme trafiek weerspiegelen een tegenstrijdige evolutie. Terwijl het shortsea verkeer op het Albertkanaal in 2005 terugliep met 15,4 procent, kende de shortsea trafiek op het Albertkanaal een toename met 8,7 procent of 78.875 ton. Het verlies van structurele trafieken door de sluiting van hoogovens in Luik verklaart de vermindering van de shortsea trafiek op het Albertkanaal. Er zijn uiteraard ook nog de bekende infrastructurele knelpunten. Het aantrekken van nieuwe trafieken zoals van mineralen en houtspaanders droeg bij tot de stijging op het Zeekanaal. Op het Albertkanaal werden in 2005 314 kustvaarders geteld, op het Zeekanaal waren het 346 geladen schepen.

PSi-Daily Shipping News

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SINGAPORE BUDGET BOOSTS SHIPPING MOVES by the Singapore government to boost the shipping sector have been welcomed by the Singapore Shipping Association (SSA). It says measures in the Singapore’ s Budget for 2006/2007 for the maritime and logistics industries will enhance the further development of Singapore as an international maritime centre. In a statement the SSA says: “The lengthening of the maximum period of renewal for shipping companies under the Approved International Shipping (AIS) scheme from 20 years to 30 years is a welcome move that will continue to attract shipowners and operators to establish a substantial and long-lasting presence in Singapore. The extension of the AIS status by another 10 years will provide the much need certainty to shipping companies who are competing in a global market.” Also just announced is a new Maritime Finance Incentive, where ship investment vehicles receive a tax exemption on their qualifying income and ship investment managers receive a 10% concession on their qualifying income, will serve to encourage ship-financing activities in Singapore. This move is seen as response to comments by SSA President SS Teo, who is also the Chairman of the Singapore Maritime Foundation (SMF), that, though Singapore is an important shipping and maritime hub, it lacks more creative form of ship financing. SSA also notes: “Removing the need to show that derivative trades are incidental to physical trades will make it easier for traders to enjoy the 10% concessionary tax rate under the Global Trader Programme (GTP), thus further encouraging international trade out of Singapore.” Moreover, according to SSA: “The automatic GST suspension for goods removed from zero-GST warehouses by any party registered under the Major Exporter Scheme (MES) or the Approved Third Party Logistics (3PL) Company Scheme will remove the administrative burden and facilitate Singapore’ s role as a transhipment hub.”

Cunard reveals Victoria details Carnival Corporation's Cunard Line has released details of its first Fincantieri-built ship, the 90,000 gt, 2,040 passenger Queen Victoria. The GBP 300 million (about US $522 million) ship was recently floated out at the Marghera yard near Venice and is scheduled to be named in December 2007. The ship will boast all the expected Cunard touches--and then some. Thus it will have a double height Queen's Room Ball Room and Britannia Restaurant and a triple height Grand Lobby plus an 800 seat theater with a cruising first: private boxes. A grand conservatory with central fountain and greenery, will have a retractable glass roof and moveable glass wall to the open swimming pool and what Cunard describes as "luxurious rattan furniture and ceiling fans, reminiscent of our colonial past." Main dimensions are: Length Overall: 964.5 feet (294 m) Beam: 106 feet (32.3 m) Beam at Bridge Wings: 120 feet (36.6 m) Ddraft: 26.2 feet (8.0 m) Height keel to funnel: 205 feet (62.5 m) Height above waterline: 179 feet (54.6 m) PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 The ship will have 16 decks, 12 being passenger decks. Queen Victoria will have six diesel engines, four 16 cylinder and two 12 cylinder engines. The diesel engines will be built by Wartsila and are of the Sulzer ZA40 design. Each cylinder has a bore of 400 mm with a piston stroke of 560mm. The combined power of all the engines is 63.4 MW. The ship will be propelled by two podded drive propulsors manufactured by ABB in Finland. Each Azipod has a fixed pitch propeller and the combination of varying the speed of the propellers and the ability to rotate the pods independently through 360 degrees provides steering and maneuverability. Each pod absorbs a maximum power of 17.6 MW. The ship's three bow thrusters each absorb a maximum power of 2.MW. Normal cruising speed will be 18 knots and maximum speed: 23. 7 knots and the fuel consumption when the engines are producing maximum power will be about 10 tonnes per hour, the Queen Victoria will have one pair of folding fin stabilizers and each fin will have an area of 20 sq.m There will be three high holding power anchors, each weighing just over 11 tonnes; two will be working anchors and the third is a spare mounted on the forward open space on deck 4. The chain cable will have a diameter of 95 mm (each link weighs around 82 kgs) and the ship will carry a total of 742.5 ms (two and half times the ship's length).

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Reagan Carrier Strike Group Enters U.S. 5th Fleet The Navy’ s newest aircraft carrier USS Ronald Reagan (CVN 76), along with embarked Commander, Carrier Strike Group (CCSG) 7 and Carrier Air Wing (CVW) 14 arrived in the U.S. 5th Fleet Area of Operations Feb. 18 as part of a routine rotation of U.S. maritime forces. While in the region, Reagan will support Operations Iraqi Freedom and Enduring Freedom, as well as conduct Maritime Security Operations (MSO). More than 6,000 Sailors are currently assigned to the Reagan Carrier Strike Group. “The Ronald Reagan Strike Group is ready on arrival,”said Rear Adm. Michael H. Miller, commander, Carrier Strike Group 7. “Our past nine months of training have been in preparation to support our troops on the ground in Iraq and carry out Maritime Security Operations. It is an honor to serve with them and to once again prove President Reagan’ s motto 'Peace through Strength' really works. With the speed, agility and persistence of the modern carrier strike group, we intend to make a difference in helping to set the conditions for security and stability,”said Miller. PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 MSO help preserve the free and secure use of the world’ s oceans by legitimate mariners and prevent terrorists from attempting to use the maritime environment as a venue for attack or as a medium to transport personnel, weapons or other material that could support their efforts. According to Reagan’ s Commanding Officer, Capt. Terry B. Kraft, the ship was made ready for the Western Pacific deployment through the hard work and dedication of crew. “We have spent months of training preparing us for the types of real-world operations we are now conducting,”said Kraft. “I know this particular crew and air wing are ready to carry out any mission that will be asked of us during this deployment. This theater is where the rubber meets the road.” The Ronald Reagan Strike Group is comprised of CVW-14, Destroyer Squadron (DESRON) 7, the nuclear-powered aircraft carrier Reagan, the guided-missile cruiser USS Lake Champlain (CG 57), the guided-missile destroyers USS McCampbell (DDG 85) and USS Decatur (DDG 73), the fast-combat support ship USS Rainer (T-AOE 7), and Explosives Ordnance Disposal Unit 11, Det. 15. Commander, U.S. 5th Fleet's area of responsibility encompasses about 7.5 million square miles and includes the Persian Gulf, Red Sea, Gulf of Oman and parts of the Indian Ocean. This expanse, comprised of 25 countries, includes three critical chokepoints at the Suez Canal, the Straits of Hormuz, and the Straits of Bab al Mandeb at the southern tip of Yemen.

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2/20/2006


The latest newbuilding of Damen shipyards is named the PAWLINA started yard trials, upon completion the new tug will proceed to Malta to her new owners. Photo : Hans Hoffmann ©

Aker Yards to build again for Island Offshore Aker Yards has signed a contract with Island Offshore VIII KS, part of the Island Offshore Group in Ulsteinvik, Norway, for UT755LN PSV. The value of the contract is approximately NKr 150 million. The hull for the PSV built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for September 2007. The UT755LN will have a length of 74m and breadth of 16m and deadweight of approximately 3,200 tonnes.

Keppel FELS Brasil delivers first of new PSVs for Maersk

Keppel FELS Brasil shipyard in Brazil has delivered the first of a pair of new PSVs for Maersk. The naming ceremony for Maersk Vega and Maersk Ventura took place towards the end of November, and both vessels will support oil and gas fields in the Campos Basin offshore Brazil. According to Maersk Offshore Supply, the newbuilds are both UT745Ls, designed by Rolls-Royce. With a length of 89.40m, breadth of 18.8m, and deadweight of 4,000 tonnes, the new vessels have a deck capacity of 2,600 tonnes, and a 940m2 deck. They are able to transport 396m3 of dry bulk, 1,530m3 of fuel oil, 1,450m3 of drill water, 1,120m3 of fresh water, 520m3 of liquid mud,180m3 of base oil, 1,100m3 of brine, and are DP1 class vessels with 5,222bhp main engines.

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TOTAL VESSEL MANAGEMENT K.P. van der Mandelelaan 34 - 3062 MB Rotterdam (Brainpark) - The Netherlands Telephone : (31) 10 - 453 03 77 Fax : (31) 10 - 453 05 24 E-mail : [email protected] Website : www.workships.nl

The DSND Surveyor at the Bravo Complex, West Java Field, Indonesia. The DSND SURVEYOR, under management by Workships, is at this moment on a survey/ROV contract for BP Indonesia. After her special survey, which is planned in July this year in Singapore, the vessel becomes available in August.

Transatlantic to Sell 4 Vessels Transatlantic has sold the 14,900-DWT bulk carrier "Tofton" and the 14,240-DWT forest product carrier "Margit Gorthon" to foreign buyers, reports SSG. The vessels, built 1980 and 1977 respectively, are chartered back for two and four years respectively. During this time, Transatlantic expects to order and to get deliveries of new tonnage. The deal doesn't affect the result but the liquidity is strenghtened by SEK 70 million. The company is also selleing the forest product carriers "Joh. Gorthon" and "Acacia", built in 1977 and 1974, respectively. According to Hakan Larsson, md of Transatlantic, the sell-offs is a part of the fleet renewal program and more units are expected to follow during the year. Selling out older tonnage is also a way to reduce the risk of engine failures and other breakdowns due to the high age of the vessels and the often harsh wheater conditions in the areas they traffic. PSi-Daily Shipping News

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Newbuildings for Transfennica The two (of six in total) Transfennica newbuildings, which are to be delivered this year will be deployed on the carrier's Antwerp - Finland (Hamina, Hanko, Rauma) services. The 18,000 dwt, 2,900-lane metre ro-ro units under construction in Poland have a capacity for 640 TEU, reports Dyna Liners. The Westerlund terminal in Antwerp will be refurbished to accommodate the new vessels.

The TIMCA is the first of 6 newbuilding vessels under construction in Poland for Spliethof / Transfennica, the TIMCA will be homeported Amsterdam and commence service in May 2006 for Transfennica. Photo : M.Matuszewska ©

Dubai Ports seeks US$6.5b to buy P&O Dubai Ports World will borrow US$6.5 billion to finance its acquisition of British port and ferries group P&O, a statement said on Saturday. DP World has mandated Barclays Capital and Deutsche Bank to 'arrange facilities totalling US$6.5 billion incorporating a US$6.3 billion (syndicated) term loan facility and a US$200 million revolving credit facility for working capital purposes . . . to finance acquisition of Peninsular and Oriental Steam Navigation Company (P&O)', the statement said. The five-year facilities will also be used to 'refinance existing indebtedness', it said. Barclays Capital is the investment banking division of Barclays Bank, which along with Deutsche Bank has underwritten the facilities. Syndication of the facilities will begin next week, with bank meetings planned in Dubai on February 23 and in London on February 27. DP World's acquisition of P&O will make it one of the three largest container ports businesses worldwide, the statement added. P&O shareholders approved last week a US$6.8 billion takeover bid by DP World. The deal has sparked criticism from lawmakers and others in the United States because it will give the Dubai government-owned company control of six major US ports.


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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 The Committee on Foreign Investment in the United States (CFIUS), which is headed by the Treasury Department, has approved the deal that would make the Dubai firm manager of facilities in New York, New Jersey, New Orleans, Miami, Philadelphia and Baltimore. Dubai is one of the seven members of the United Arab Emirates.

HOLLANDS GLORY IN THE MIDLE EAST The FAIRPARTNER of Jumbo shipping loaded in Jebel Ali (United Arab Emirates ) a riser column with a weight of 1525 tons.

The riser column ready to be loaded onboard and below after loading ready to go : destination the Enfield Development project the riser will be offloaded OFFSHORE Dampier Australie, the works are executed for Technip/Subsea7.

Photo’ s : JUMBO SHIPPING ©

Frontline to Convert Single-Hulled Tankers New York listed tanker owner Frontline will to convert two single-hulled tankers of 140-150,000-dwt into heavy lift ships. The conversions are due to take place at shipyards to be named in the Far East by the end of this year.

Record orders for Norsafe PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 Norsafe, the well known manufacturer of maritime rescue systems and high-speed rescue boats, has announced record sales in 2005. In addition, the company has acquired 90 per cent of Watercraft Greece SA, a producer of lifeboats, high-speed rescue boats and davits based north of Athens. During the last two months of 2005, Norsafe received orders with an estimated value of more than EUR 44 million, a new record for the company. According to Norsafe owner and managing director Geir Skaala, orders have been received from clients around the world. "The surge in demand for Norsafe products is driven in part by developments in the offshore industry in Norway and abroad," he explained. A significant order book in 2005 of EUR 32 million, represents an increase of 30 per cent compared to 2004. In 2004, the end of year result was EUR one million before taxes. Skaala anticipates considerable improvement of the results in 2005. Mr Skaala noted that with the sharp increase in sales for 2005, Norsafe anticipates that 2006 will also be another good year - the company (including subsidiaries) expects to deliver approximately 600 lifeboats and rescue boats and approximately 275 davits. "We are confident that we can continue to build on this success," said Mr Skaala, and to help keep pace with increased demand, Norsafe has purchased more than 90 per cent of the stock of Watercraft Greece SA. "Watercraft has been a key supplier to Norsafe for several years," said Mr Skaala, "and we look forward to working more closely with them in the future." At present, the company has 40 employees, based in facilities located north of Athens. "With this investment, Norsafe will have the capacity to improve production of davits, which we can distribute throughout Europe," said Mr Skaala. Following the purchase of Watercraft, lifeboat production will take place at Norsafe’ s facilities in Norway, China and Greece. In addition, certain boat models will be produced by license manufacturers in Mexico. The davits will be manufactured in a separate factory in Greece, using sub-suppliers in Norway, China and Mexico, when appropriate.

Finnlines Introduces 3 Ferries Effective May, Finnlines will start introducing 3 (of a series of 5) 4,200-lane metre RoPax ships on its Helsinki (Finland) - Travemunde (Germany) link. Delivery of the first ship by Fincantieri has been somewhat delayed (around six months).

Unifeeder verdubbelt afvaarten naar Rusland De Deense rederij Unifeeder start een tweede wekelijkse dienst tussen Rotterdam en Sint-Petersburg. Met ingang van volgende week zal Unifeeder elke woensdag en zaterdag een vertrek naar de Russische haven bieden. Beide schepen lossen en laden in Sint-Petersburg bij Petrolesport. De afvaart van zaterdag neemt ook lading mee voor First Container Terminal, waar 's woensdags wordt gelost. Het schip dat 's middags in Rotterdam vertrekt, meert niet alleen af in Petrolesport, maar ook aan de Northern Wharf. In Rotterdam gaan de schepen van Unifeeder naar zowel ECT Home als ECT Delta. De Deense rederij is niet de enige die de capaciteit naar Rusland opvoert. Eind januari nam Delta Shipping nog de nieuwbouw 'Beluga Mastery' van 917 teu in dienst tussen Rotterdam en Sint-Petersburg. Het schip werd omgedoopt in 'Delta Rotterdam'. In de loop van dit jaar vervangt Delta zijn huidige vloot schepen met een capaciteit van 552 tot 679 teu door grotere eenheden van 750 tot 917 teu

STRONG Q4 FOR FARSTAD NORWEGIAN-based offshore support specialist Farstad Shipping made a Q4 operating profit of NKR481.5m (US$71.4m) up from NKr419.6m for the corresponding period in 2004, inclusive of profit from sale of vessels of NKr64.4m compared NKr30.1m in Q4, 2004. Operating profit (EBIT) was NKr190.2m, up from NKr136.3m.


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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 The company says the demand for supply vessels in the North Sea during Q4 was about 20% higher than for the Q4, 2004, but some 4% lower than for the Q3. It added: “During the quarter there has been a good balance between supply and demand. The available fleet in the North Sea has increased by 15% compared to the year-end 2004/2005. The strong increase in activity this quarter has given an average utilization ratio of 94% for the total North Sea fleet. This has resulted in a high rate level most of the quarter. The average utilisation for the 3rd quarter 2005 was 95% and 91% for the 4th quarter 2004 .The average for the year was 93% compared to 88% for 2004. The market in Australia/The Far East has improved during 2005.”Farstad says: “The market trend is very promising in the near future. High oil prices, the oil companies increased focus on exploration and the contracting of new rigs are positive for the demand of supply vessels. The high market activity has resulted in the need of renewal of older and smaller tonnage. The contract coverage for the Farstad-fleet in the first 6 months of 2006 is approx. 90% and approx. 66% for the second half year. For 2007 the contract overage is now approx. 27%.”

MOVEMENTS THIS SECTION IS BROUGHT TO YOU BY :

MULTRASHIP Towage & Salvage Scheldekade 48 4531 EH Terneuzen The Netherlands Tel : + 31 – 115 645 000 Fax : + 31 – 115 645 001 Internet [email protected] http://www.multraship.nl

After 8 years laying in the inner port of Flushing, most of the time arrested the GEPARD departed for her new owners Photo : Wim Kosten – Maritimephoto.com ©


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The DALEGARTH seen in drydock – Photo : Tommy Bryceland – Scotland ©

The 148 mtr ELBE HIGHWAY seen here arriving in Zeebrugge – Photo : Henk Claeys © The ELBE HIGHWAY and the THAMES HIGHWAY, both newbuilding ships of KESS ('K' Line European Sea Highway Services) are serving the short-sea route Zeebrugge, Bremerhaven, Hamina, Helsinki, Saint-Petersburg and then direct back to Zeebrugge.

MARINE WEATHER THIS SECTION IS BROUGHT TO YOU BY :

Internet: www.spos.nl Tel : +31 317 399800 E-mail : [email protected] PSi-Daily Shipping News

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Today’ s wind (+6Bft) and wave (+3m) chart. Created with SPOS, the onboard weather information & voyage optimisation system, used on over 500 vessels today.

… . PHOTO OF THE DAY … ..

Seen in Rio de Janeiro, the FPSO "P50" (PETROBAS 50) and the on the left the CHAPARRAL one of the first jackup rigs which worked on the North Sea, now arrested in Rio. Photo : Pim Korver Film + Video ©

INTENSIVERING MARITIEME HANDELSCONTACTEN NEDERLAND EN VIETNAM HME lanceert het ‘ Holland-Vietnamjaar 2006-2007’ PSi-Daily Shipping News

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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 Holland Marine Equipment (HME) start tijdens de beurs Vietship in Hanoi (21-24 februari) officieel het ‘ HollandVietnamjaar 2006-2007’ . In dit project wordt op diverse manieren intensief contact gelegd tussen Nederlandse maritieme toeleveranciers en Vietnamese reders en scheepswerven. Anderhalf jaar geleden is HME begonnen met de ontwikkeling van activiteiten in en met Vietnam. Zo werd er een marktonderzoek verricht en vonden twee succesvolle handelsmissies plaats naar Ho Chi Minh City, Hanoi en Haiphong. De conclusie was dat de Vietnamese scheepsbouw nog in een ontwikkelingsfase zat, maar dat de ambitie er zeer hoog was en dat het niet lang zou duren voordat de eerste westerse reders orders zouden plaatsen. Dit is inmiddels realiteit. HME was destijds de eerste toeleveringsdelegatie, maar geheel volgens verwachting melden de belangrijkste concurrenten zich nu ook op deze markt. HME wil graag de opgebouwde voorsprong behouden en dat kan in een centraal geleid land als Vietnam alleen met een centrale aanpak. Stichting Nederland Maritiem Land ondersteunt het project ‘ Holland-Vietnamjaar 2006-2007’ . Het ‘ Holland-Vietnamjaar 2006-2007’heeft als doel de Nederlandse maritieme toeleveranciers direct in contact te brengen met decision makers bij Vietnamese reders en toeleveranciers. Het project omvat de volgende activiteiten: Technische samenwerking Door voorlichting over moderne westerse apparatuur, uitwisseling van kennis over het scheepsbouwproces en mogelijk door studentenuitwisseling, wordt er gewerkt aan een gezamenlijke technische basis. Voor Nederland betekent dit de opkomst van een nieuwe afzetmarkt, voor Vietnam een stap in de richting naar de levering van westerse kwaliteit schepen. Beursdeelnames Holland Marine Equipment organiseert een gezamenlijke deelname aan vakbeurs Vietship (Hanoi, 21-24 februari 2006), een handelsmissie (1-5 november) naar Midden- en Zuid-Vietnam en een beursdeelname aan Maritime Vietnam (Ho Chi Minh City, 7-9 november 2006). www.hme-vietnam.com Medio februari zal de website www.hme-vietnam.com online gaan. Deze website bevat bedrijfsprofielen en productinformatie van de deelnemers aan het ‘ Holland-Vietnamjaar’ , die zowel in het Vietnamees als Engels beschikbaar is. Public Relations De deelnemers van het project worden opgenomen in een Vietnamese catalogus. Hierin staan bedrijfsprofielen, products & servicesoverzichten, een merkenregister en de ontwikkelingen en vooruitzichten van de Nederlandse maritieme toeleveringsindustrie. Deze catalogus wordt actief verspreid onder decision makers bij Vietnamese reders en toeleveranciers. Verder vindt er een publiciteitscampagne plaats in diverse Vietnamese vakmedia om de deelnemers aan het project en Nederland te promoten. Voorlichting Om de kennis van de Vietnamese maritieme sector te vergroten worden diverse activiteiten in het kader van informatievoorziening georganiseerd, zoals een seminar, vervolgmarktonderzoek, een helpdesk Vietnam en technische samenwerking en voorlichting over Nederlandse equipment. Ondersteuning In het kader van het project worden de deelnemers ondersteund in politieke contacten en voorzien van up-to-date informatie. HME onderhoudt centraal contact met een Vietnam Consult voor lobby en informatiedeling. De deelnemers aan het ‘ Holland-Vietnamjaar’zijn (laatste update 13 februari): Alewijnse Marine BV Bosch Rexroth BV Conoship International BV Corrosion & Water-Control BV Damen Shipyards Gorinchem PSi-Daily Shipping News Page 18 2/20/2006

DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2006 – 024 -

Econosto Hertel Marine Services Imtech Marine & Offshore Loggers BV Machinefabriek G. van der Ploeg BV Ned-Deck Marine BV NewThex BV Roemeg Trading Company BV Rubber Design VAF Instruments BV Voith Turbo BV

Het ‘ Holland-Vietnamjaar’eindigt omstreeks april 2007, waarna de deelnemers voldoende gepositioneerd zouden moeten zijn om zelf de weg te vinden. Voor meer informatie, kunt u contact opnemen met Marjan Lacet, exportmanager Azië (T: (010) 44 44 333 of E: [email protected]). The compiler of the news clippings disclaim all liability for any loss, damage or expense however caused, arising from the sending, receipt, or use of this e-mail communication and on any reliance placed upon the information provided through this free service and does not guarantee the completeness or accuracy of the information. If you want to no longer receive this bulletin kindly reply with the word “unsubscribe”in the subject line.


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DAILY COLLECTION OF MARITIME PRESS CLIPPINGS

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